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Asian stocks jumped on Thursday, lifted by US job data reports that hinted at possible interest rate cuts, even as parts of the US government partially shut down.Japan’s Nikkei was up 359 points or 0.8%, trading at 44,910. Kospi gained 3% to each 3,562 while HSI surged 390 points reaching 27,245, at 10:00 AM IST….
NEW DELHI: The income tax department is set to launch a drive to nudge people who entered into joint development agreements, but didn’t pay capital gains, to deposit the requisite tax. In Kolkata and Bengaluru alone, there are 25,000 to 30,000 such entities have been identified, said sources.Joint development agreements — a deal between real…
Diwali shoppers may feel the excitement of GST 2.0, with headlines promising lower taxes on televisions, air-conditioners, cars, and other goods. At first glance, the new GST slabs — simplified to 5%, 18%, and 40% — appear to deliver a straightforward win for buyers. The government hopes the reform will reduce prices, simplify compliance, and…
Rapido looks to raise $500 million funding as Swiggy exits stake Bengaluru-based ride-hailing startup Rapido is finalising a $500-550 million (Rs 4,500-5,000 crore) funding round, combining primary and secondary deals, while Swiggy exits its stake in the company.The move comes as Rapido expands its ride-hailing operations and scales its food delivery platform, Ownly. The primary…
Iga Świątek Net Worth in 2025: How World No. 2 tennis star’s titles and brand deals built her unstoppable fortune (Image via Reuters) Iga Świątek is one of the brightest stars in women’s tennis today. In 2025, her net worth is estimated at around $30 million, making her one of the richest young players in…
India has placed its $4 billion National Critical Mineral Mission at the heart of its energy strategy, with fresh emphasis on overseas acquisitions to secure supplies of lithium, cobalt and nickel. Union Minister for Coal and Mines G Kishan Reddy said on Tuesday that state-run Khanij Bidesh India Limited (KABIL) is holding active negotiations with…
TOI correspondent from Washington: In the hand tools section of the Ace Hardware store outside Washington DC, the medium-sized monkey wrench you check out is still priced $ 19.99. The price hasn’t changed in over a year, but the salesman warns that won’t last for long. Almost all hand tools coming into America are imported…
The Flipkart Big Billion Days Sale 2025 is set to bring massive discounts on Apple’s iPhone 16 series, making it one of the most anticipated events for smartphone buyers. The iPhone 16 Pro Max will effectively start at Rs 89,999, down from its launch price of Rs 1,44,900 for the base 256GB model. The iPhone…
