NEW DELHI: Tesla has chosen locations for two showrooms in New Delhi and Mumbai, marking a step toward its plan to enter the world’s third-largest auto market, according to news agency Reuters, citing sources.This decision comes a week after Prime Minister Narendra Modi met Billionaire Elon Musk in the United States, where they discussed space,…
The market capitalisation of BSE listed firms slipped below Rs 400 lakh crore mark on Tuesday after continuous foreign fund outflows and lower than expected corporate earnings dampened investor sentiments.Equity markets ended the day with modest losses, blue chip indices like Sensex and Nifty-50, reflected slight declines amid ongoing volatility in global and domestic markets.Prashanth…
NEW DELHI: India and Qatar on Tuesday agreed to set a target to double bilateral trade to $28 billion over the next five years, marking an elevation of their ties to a strategic partnership, following talks between Prime Minister Narendra Modi and Amir Sheikh Tamim Bin Hamad Al-Thani. During their high level meeting, the two…
MUMBAI: Reliance is taking beverage brand Campa global with its launch in the UAE, broadening the firm’s play in the segment and stepping up competition against Coca-Cola and PepsiCo which have been nudged to revisit their strategies in India after Campa’s entry into the local market at cheaper price points. Campa’s play in the UAE…
ITR filing: The zero-tax income threshold has been increased from Rs 7 lakh to Rs 12 lakh. Income Tax Slabs FY 2025-26 after Budget 2025: Finance Minister Nirmala Sitharaman’s big announcement that taxpayers will no longer have to pay tax for income up to Rs 12 lakh from FY 2025-26 onwards has been met with…
The S&P 500 has demonstrated remarkable performance, with gains of 24% in 2023 and 23% in 2024. Given the robust economic conditions, substantial corporate earnings and advancements in artificial intelligence (AI), analysts project continued growth for the S&P 500 in 2025.Historical data from The Motley Fool showed the S&P has delivered positive returns 78% of…
The Internal Revenue Service has opened the 2025 tax filing season and is accepting and processing federal individual tax year 2024 returns.Where is my IRS tax refund?The IRS typically processes refunds within 21 days for electronic submissions and eight weeks for paper filings in 2025. Recent staffing adjustments at the IRS might cause delays. Monitor…
MUMBAI: IL&FS Group has announced a Rs 5,000 crore payout to creditors of the bankrupt infrastructure conglomerate as part of its ongoing debt resolution efforts. The distribution consists of Rs 3,500 crore in Infrastructure Investment Trust (InvIT) units and Rs 1,500 crore in cash, primarily targeting large creditors and public funds. This payout is being…
MUMBAI: SBI Mutual Fund has launched its new micro SIP scheme for the masses, ‘JanNivesh’, with investment options starting at just Rs 250 per month. Investors can also choose daily and weekly SIP options. The scheme was unveiled by Sebi chief Madhabi Puri Buch, while CS Setty, chairman of SBI, said that the scheme launched…
MUMBAI: Standard Chartered has appointed PD Singh as CEO for India, effective 1 April 2025, succeeding Zarin Daruwala, who retires on 31 March 2025. Singh brings nearly three decades of experience, having previously served as CEO of JP Morgan Chase Bank in India, where he played a key role in shaping the bank’s corporate banking…
