Latest News, Updates & Breaking Headlines
Losses from VDAs cannot be set off — not against other income, nor even against gains from another crypto asset. The Central Board of Direct Taxes (CBDT) has raised fresh concerns about the risks posed by virtual digital assets (VDAs) such as cryptocurrencies, aligning its stance with that of the Reserve Bank of India (RBI)….
Maharashtra has emerged as the top-performing state in NITI Aayog’s fourth Export Preparedness Index (EPI) 2024, followed by Tamil Nadu and Gujarat, according to the government think tank’s report released on Wednesday, PTI reported.The rankings place Maharashtra at the top, followed by Tamil Nadu, Gujarat, Uttar Pradesh, Andhra Pradesh, Karnataka and Punjab, reflecting states’ readiness…
India’s national highway network has grown sharply over the last decade, becoming the second-largest in the world. The total length now stands at 146,560 km, compared with 91,287 km in 2014, an expansion of over 61%. The increase has largely come from the push to build high-speed corridors and four-lane highways under the Bharatmala Pariyojana….
Gold prices surged to a fresh lifetime high on Wednesday, tracking firm global cues amid rising expectations of interest rate cuts by the US Federal Reserve and heightened geopolitical tensions.On the Multi Commodity Exchange (MCX), gold futures for the February contract jumped Rs 932, or 0.65 per cent, to hit a record high of Rs…
MUMBAI: RBI governor Sanjay Malhotra on Monday said that the strength of a nation should not be judged by its currency’s exchange rate alone. He said that India’s economic fundamentals were strongly boosted by high growth, low inflation, financial stability, healthy investment and consumption, and high foreign exchange reserves.The governor was responding to the question…
The upcoming Union Budget offers a moment to consider how crypto taxation can better align incentives with outcomes. By Nischal ShettyCrypto taxation in India was introduced at a moment when digital assets were gaining rapid adoption, but regulatory clarity was still evolving globally. In the Union Budget of 2022, the government implemented a flat 30…
MUMBAI: Housing demand declined by 8.7% quarter-on-quarter during Oct-Dec even as supply rebounded by 3.4% across key cities, hinting at a phase of measured moderation in India’s residential real estate market. Residential prices rose by 1.5% QoQ and 16.9% year-on-year during the quarter, the slowest pace of appreciation recorded during the last two years, according…
Gold price prediction today: Maneesh Sharma of Anand Rathi Shares and Stock Brokers sees the gold and silver price rally continuing amidst ongoing global economic and geopolitical uncertainty. Source link
MUMBAI: A decision by the Bloomberg Index Services to defer inclusion of Indian govt securities in its global bond index led to a spike in gilt yields, affecting investor sentiment on Dalal Street that pulled down stock prices and also the rupee in early trades Tuesday. At close, however, bonds, sensex and the rupee recovered…
China registered a trade surplus of nearly $1.2 trillion in 2025, the government reported on Wednesday. The record figure comes as strong exports to international markets offset slowing shipments to the United States. According to customs data cited by AP, the country’s exports rose 5.5% to $3.77 trillion last year, while imports remained steady at…
