For salaried taxpayers, Form 16 is one of the most important documents for ITR filing. (AI image) ITR filing FY 2025-26 (AY 2026-27): The income tax return filing season has started. One of the first things a taxpayer should do before logging into the income tax portal (incometax.gov.in/iec/foportal/) to file their tax return is to…
Top stocks to buy today (AI image) Stock market recommendations: Somil Mehta, Head of Retail Research at Mirae Asset Sharekhan recommends buying Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills as the technical top stocks for today, June 16, 2026:Oberoi RealtyBuy: ₹1673–1674 | Stop Loss: ₹1589 | Target: ₹1768Oberoi Realty has been trading…
NEW DELHI: The West Asia conflict has quietly altered India’s trade map. During April-May 2025, Oman was the 30th largest source of imports for India. In the first two months of the current financial year, helped by energy, Oman moved up to 10th spot, thanks to a 3.8 times jump in imports to $3.4 billion….
NEW DELHI: India’s automobile industry recorded its highest-ever sales for the month of May, with passenger vehicles (PVs), two-wheelers and three-wheelers all posting double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (Siam) on Monday.Passenger vehicle sales rose 27.3% year-on-year to 4.3 lakh units in May, while two-wheeler sales climbed 14.8%…
MUMBAI: The West Asia peace deal between US and Iran which could eventually end the war in the region, lifted sensex by 736 points on Monday. The index closed at 76,264 points. The day also witnessed foreign funds turning net buyers of equities after remaining net sellers for days altogether, crude prices plunging more than…
NEW DELHI: Nearly all shareholders of Bharti Airtel Monday approved ongoing transaction to consolidate its stake in subsidiary Airtel Africa, indicating strong investor confidence. The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment, a promoter group entity, on preferential basis, in exchange for 16.3% stake in Airtel Africa. Upon consummation and approvals,…
NEW DELHI: India’s wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April on account of high prices of crude oil and manufactured products, the newly released wholesale price index (WPI) series Monday with the updated 2022-23 base year showed.Besides, the Department for Promotion of Industry and Internal Trade…
After weeks of turmoil that rattled energy markets, oil was trading around $80 per barrel mark on Tuesday as the Middle East chaos has shown signs of cooling down. However, the benchmarks were still trading higher than Monday, as details of the peace deal remains in shadows.Around 7:15 am IST, WTI crude was trading at…
Morgan Stanley maintained its overweight rating on Reliance Industries with the target price maintained at Rs 1,803. The stock is the top pick among the analysts at the brokerage house. They said the energy security policies and tighter refining markets are the reasons keeping product spreads structurally stronger for longer. The company’s oil to chemicals…
MUMBAI: Fintech Razorpay has filed draft IPO papers with markets regulator Sebi through the confidential route, said people familiar with the matter, joining startup peers Zepto and Prism which are headed to Dalal Street for public listings. The Y Combinator and Peak XV Partners-backed company is seeking to raise up to Rs 6,000 crore through…
