BUSINESS

Profit paradox: What’s distorting IPO valuations? Zerodha’s Nithin Kamath shares striking insights

Zerodha co-founder Nithin Kamath highlighted how India's tax structure incentivizes venture-backed firms to prioritize losses over profits. A significant tax…

9 months ago

Gold slides Rs 11,000 from peak as dollar strengthens: Silver outperforms with festive boost; should you buy the dip or wait for more correction?

Gold prices dipped to a three-week low, influenced by a stronger dollar and easing US-China trade tensions. Investors scaled back…

9 months ago

Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown

Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months.…

9 months ago

PM Carney cites ‘progress’ with India, Asia-Pacific; seeks to cut US dependence

Canadian Prime Minister Mark Carney highlighted progress in building Asia-Pacific partnerships, including with India, as a strategy to reduce reliance…

9 months ago

Gold market outlook: Prices fall for 2nd week as dollar gains and Fed caution hit demand; silver edges up after sharp swings

Gold prices tumbled for a second week, impacted by a stronger dollar, easing global tensions, and the US Federal Reserve's…

9 months ago

Green tech breakthrough: NTPC pioneers India’s first CO₂ injection borewell; project to advance indigenous carbon capture and storage capability

India's first-ever geological carbon dioxide storage well is now being drilled by NTPC at its Jharkhand coal mine. This pioneering…

9 months ago

Rush for iPhones sees Apple register all-time revenue record in India: CEO Tim Cook

Apple has achieved an all-time revenue record in India, contributing to its global revenue surge. The company credits strong iPhone…

9 months ago

Aadhaar future roadmap: UIDAI sets up expert panel to craft Vision 2032; explores AI, blockchain and quantum tech

UIDAI has formed a high-level expert committee to future-proof Aadhaar technology, focusing on scalability, data security, and cybersecurity resilience. Chaired…

9 months ago

US housing watch: 30-year mortgage rate slips to 6.17%; lowest in over a year as Fed cuts rates again

US mortgage rates have reached their lowest point in over a year, with the 30-year fixed rate dropping to 6.17%.…

9 months ago

Rs 8 lakh cash deposited in bank – man gets tax notice! How he won case in ITAT

A taxpayer successfully challenged the tax department's decision to treat a large cash deposit as presumptive business income. The Income…

9 months ago