BENGALURU: IPO-bound real estate and mortgage platform Square Yards has raised Rs 900 crore through a mix of debt and equity, catapulting it into the unicorn club as it gears up for a public listing. The funding round was anchored by real estate investment firm EAAA Alternatives, with participation from global corporate credit manager Muzinich…
India and the United States might just be a month away from finalising a trade deal! The two sides entered fresh rounds of negotiations after Washington held high-level trade discussions in New Delhi on Tuesday aimed at revisiting and recalibrating the proposed bilateral agreement, following recent changes in US tariff policy that disrupted the earlier…
AI generated image, used only for representational purpose The Hormuz crisis, which disrupted global energy flows for more than 100 days, has raised questions over India’s ability to diversify fuel supplies beyond the Strait and the Middle East. India’s energy sector is closely monitoring the situation, with the Middle East continuing to remain the country’s…
The continued uncertainty over the US-Iran peace talks outcome also acted as an overhang on the benchmarks. (AI image) Stock market crash today: Nifty50 and BSE Sensex crashed in trade on Tuesday due to multiple factors including weak global cues and a renewed selloff in IT stocks. The continued uncertainty over the US-Iran peace talks…
The US Treasury announced a sanctions waiver for Iran’s petroleum valid until August 21. (AI image) The United States on Monday granted Iran a 60-day sanctions waiver following the first round of discussions under a newly emerging peace arrangement. US Vice President JD Vance said meetings with Iranian representatives in Switzerland had created a solid…
AI generated image, used only for representational purpose Weak stock market returns? Foreign investors continuing to sell? SIP investors have simply carried on, making their monthly investments without missing a beat.According to a recent JP Morgan report, Dalal Street having a sluggish run over the past two financial years, money has continued to flow steadily…
Taxpayers should carefully evaluate their eligible deductions before deciding which tax regime to opt for. (AI image) ITR filing AY 2026-2027: Do you plan to file income tax returns under the old tax regime? The first thing to know is that your ITR must be filed within the July 31, 2026 deadline, otherwise you will…
The Securities and Exchange Board of India (SEBI) has launched a comprehensive review of regulations governing stock exchanges, clearing corporations and commodity derivatives exchanges. The exercise includes a proposed overhaul of technology-related rules as part of efforts to improve ease of doing business and reduce compliance burdens in the securities market.In a press release issued…
NEW DELHI: The index of infrastructure industries grew 0.5 per cent in May, the slowest pace of expansion since last Oct, as only three of the eight sectors registered higher output. While cement expanded at 8.4 per cent, steel saw production rise by 5 per cent and power generation was 8.7 per cent higher, according…
NEW DELHI: As part of its crackdown on bogus claims, the income tax department has advised employers to analyse mismatches in their salary related filings, while also looking to move against several cases of “swapping” of concessions after suspected irregularities were flagged and taxpayers updated or revised their returns.Officials said they have come across several…