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Shares of Vodafone Idea gained 3% to Rs 13.27 on the BSE on Tuesday after the debt-laden telecom operator reported a sharp reduction in its consolidated loss for the first quarter. The company’s loss narrowed to Rs 3,754 crore in Q1, compared with Rs 6,608 crore in the year-ago quarter. Revenue from operations rose 6%…
Gold and silver prices: The price of the yellow metal in India’s retail market rose on Tuesday, 11 August, amid the continuous escalation of tension between the US and Iran. US President Donald Trump on Monday said that the US Navy had swept the Strait of Hormuz clear of mines and now holds “100%” control…
Are you a taxpayer expecting your final tax liability to be lower than the Tax Deducted at Source (TDS)? Then you may soon have an easier way to seek relief. The Income Tax Department is drafting new rules to allow applications for nil or lower TDS certificates to be filed electronically. Minister of State for…
A Chennai taxpayer who sold property for ₹94 lakh despite a stamp-duty value of ₹1.93 crore has won relief from a ₹99.06 lakh tax addition after the Income Tax Appellate Tribunal (ITAT), Chennai, held that the tax department could not deny Section 50C relief merely because the agreement to sell was unregistered. The case concerns…
In the Nifty500 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on August 10, 2026, according to stockedge.com’s technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine the overall trend in a particular stock. As long as the stock is priced above…
Bharat Pensioners Samaj (BPS), which represents nearly 10 lakh pensioners, urged the 8th Pay Commission to revise the Dearness Allowance (DA) and Dearness Relief (DR) every three months and also examine their merger with basic pension once DR crosses 25%. These steps, BPS says, will ensure that serving and retired employees can combat inflation. As…
Oil prices extended gains for a second straight session on Tuesday, following a more than 5% surge on Monday, as fading hopes of a US-Iran deal to end the war and reopen the Strait of Hormuz kept prices near their highest levels in more than a week. Brent crude futures were flat at $88 a…
Mumbai: Titan shares rose 3.1% on Monday to emerge as the top gainer on the Nifty after the jewellery-to-watches maker reported June-quarter earnings that beat analyst estimates, prompting several brokerages to raise their price targets on the stock. Brokerages largely remained bullish on Titan’s prospects following the results, with Citi, CLSA, HSBC, Morgan Stanley, Nomura,…
ET Intelligence Group: A double-digit increase in revenue but lower profitability due to input cost pressure were the key highlights of the June 2026 quarter across sectors. Consumer focussed sectors including automobiles and consumer goods reported strong top line growth led by sustained demand while sectors including cement, pharmaceuticals and downstream oil companies posted lower…
Nvidia said on Monday it has partnered with six major financial institutions to launch compute financing platforms aimed at raising over $500 billion in third-party capital for AI infrastructure. Nvidia CEO Jensen Huang said on X that the company has the option to backstop up to $125 billion, or 25% of the poential deals. The…