A Jaipur ITAT ruling offers relief to taxpayers making large cash payments from bank withdrawals. The tribunal said every credit-card payment need not be matched to a specific withdrawal if the taxpayer can establish the source and availability of the cash.
Should you top up your existing SIP or start a new one? A ₹25,000/month SIP with a 10% annual top-up can grow to ₹84.35 lakh in 10 years, vs ₹56.01 lakh without one. Experts say the right choice depends on diversification, risk profile and fund performance.
Bitcoin hovers near the $63,000 mark as weaker ETF demand and cancelled SEC meeting dampen the crypto market sentiment. The cryptocurrency was trading near the $63,086 mark. In the past 24 hours, Bitcoin and Ethereum were down 0.7% and 0.3% respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Cardano fell upto 1.1%. The…
The five oil supermajors- Exxon Mobil, Chevron, BP, Shell, and TotalEnergies- made a combined $48 billion profit between April and June, helped by higher fossil fuel prices amid hostilities between the US and Iran, following which oil prices went flying to over $100 per barrel. The companies also generated nearly $90 billion in cash during…
New Delhi [India], September 26 (ANI): National Stock Exchange’s (NSE) Managing Director and CEO Ashish Chauhan said there have been no discussions with the government on the new Merchant Discount Rate (MDR) on UPI payments, adding that it is an issue between brokers and their clients and that they will most likely find a way…
Paramount Skydance Corp. has begun selling more than $44 billion of bonds in US dollars and euros to finance its acquisition of Warner Bros. Discovery Inc., launching the main portion of the year’s largest M&A financing, Bloomberg reported. Bank of America Corp. and Citigroup Inc. are holding investor calls on Monday to discuss an offering…
Mumbai: The Indian rupee ended with its strongest closing in nearly two months to close at 94.95 on Tuesday, versus its previous close of 95.16. The strength came from flow-related dollar offers from foreign banks and aggressive central bank intervention through nationalised banks. The rupee gained past the 95 per dollar levels, which was a…