Equity benchmarks ended lower on Thursday as weak global cues, rising crude oil prices, geopolitical tensions in the Middle East and sustained selling in IT stocks weighed on investor sentiment.The session saw heightened volatility, with both indices swinging between losses and recovery before closing in negative territory.The BSE Sensex ended 150.63 points, or 0.20%, lower…
Wipro’s Rs 15,000 crore share buyback opened on Thursday, allowing eligible shareholders to tender shares at Rs 250 apiece, significantly above the prevailing market price of under Rs 180.The IT major plans to buy back up to 60 crore shares, or around 5.7% of its total paid-up equity capital.The offer window will remain open from…
India has exported its first consignment of Geographical Indication (GI)-tagged Tezpur litchi from Assam to Dubai, marking a milestone in efforts to expand overseas markets for agricultural products from the Northeast, according to the commerce ministry.The one-metric-tonne consignment, exported on June 7, was facilitated by the Agricultural and Processed Food Products Export Development Authority (APEDA).The…
One important change is that the earlier Contract Labour law has now been subsumed into the Occupational Safety, Health and Working Conditions Code, 2020. (AI image) India’s labour market has long relied on people who work through contractors – across factories, offices, logistics hubs, and service roles. Over the years, the legal framework governing contract…
As the world continues to feel the heat of the ongoing crisis in the Middle East, India’s refiners have swiftly secured enough crude oil and LPG supplies to last till the upcoming weeks.According to sources cited by Reuters, Indian refiners have built up sufficient crude inventories to meet demand through at least August. On the…
India and UAE are also evaluating multiple storage arrangements, including commercial models. (AI image) India and the UAE are looking to expedite work on building 30 million barrels of strategic oil reserves. The move comes within weeks of PM Narendra Modi’s visit to UAE where MOUs for this were signed. India, the world’s third-largest consumer…
The 152,000 zone is shaping up as a strong resistance area. (AI image) Gold and silver price prediction today: Gold prices are seeing a bearish structure with the downtrend in place. Silver prices are trading cautiously, though with a negative bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…
US President Donald Trump on Wednesday struck an unexpectedly upbeat note on inflation, saying that he “loves” it. The response came after fresh data showed that consumer prices in the United States had risen at their fastest annual pace in more than three years. Responding to a reporter’s question about the latest inflation figures released…
Form 26AS and AIS are consolidated tax statements available through a taxpayer’s e-filing account. (AI image) ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return.First, let’s understand what Form 26AS is…
US inflation rises to highest level in nearly 3 years The consumer price index increased 4.2% in the 12 months through May, boosted by surging prices for energy products amid the West Asia conflict, and giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027. This was the largest gain since…
