MUMBAI: Maharashtra Charity Commissioner has asked the Sir Dorabji Tata Trust (SDTT) to respond by Oct 12 to complaints from its vice-chairmen, Venu Srinivasan and Vijay Singh, escalating an internal governance battle that could change how Tata Sons is controlled.In separate complaints filed on Sept 25, Srinivasan and Singh alleged that SDTT had exceeded its…
Cabinet may clear Rs 10,000 crore SME growth fund, integrated logistics authority NEW DELHI: The Union Cabinet is likely to take up two proposals linked to the government’s growth and infrastructure priorities, including the setting up of an Integrated Transport and Logistics Authority and the Rs 10,000 crore SME Growth Fund announced in the Union…
Indian Railways is working towards finishing the long-delayed Sivok-Rangpo railway project by December 2027. (Image for representative purpose only) Sikkim is moving closer to being on the railway map and now Indian Railways is stepping up efforts to bring Sikkim’s capital Gangtok onto the railway network by prioritising a proposed 34-km rail link between Rangpo…
Gold tried to recover on tepid US nonfarm payroll data released Friday, too, but the rally once again proved to be abortive. Gold price prediction today: Gold prices are expected to be under pressure unless yields fall, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Here’s what he has to say: Gold Performance:…
GST reforms (representative image) NEW DELHI: Tax experts see the proposed changes to the GST regime – that will now be discussed on Thursday — as positive for businesses, helping reduce the working capital requirement and eventually benefit buyers.“It is expected that businesses may be entitled for refund of accumulated GST on input services and…
Rupee slips 4 paise to 96.39 against US dollar Rupee remained under pressure against the US dollar on Tuesday, slipping 4 paise to 96.39 in early trade as higher crude oil prices and continued foreign investor selling weighed on the currency.The currency, however, found some support from gains in domestic equities and a softer dollar….
South Korea ships 150,000 tonnes fuel to Russia while funding Ukraine South Korea is backing Ukraine, but its fuel tankers are sailing in the opposite direction — towards Russia.In July and August, more than 176,000 tonnes of fuel, mainly diesel, was shipped from South Korea to Russia as Moscow turned to imports to make up…
The second addition arose after the man transferred five of the six flats to his wife through sale deeds in 2020. (Image for representative purpose only) You enter into an agreement with a builder for your land and later transfer five flats from it to your wife. Is a capital gains tax applicable?In one such…
Benchmark equity indices ended Monday’s session with gains, marking a recovery after a spell of heavy selling. BSE Sensex climbed 472.77 points, or 0.66%, to settle at 72,382.47, after rising as much as 722.23 points, or 1%, to 72,631.93 during the session. NSE Nifty50 advanced 133.80 points, or 0.60%, to close at 22,555.75. Buying interest…
Google to seal $1 billion-plus nuclear power Google is close to striking a deal to buy nuclear power from Constellation Energy Corp, for its data centres, as tech gaints look for more reliable electricity to support the rapid growth of artificial intelligence.The Alphabet Inc. company could pay $1 billion or more under a multi-year agreement…
