One of the most notable changes is the introduction of a unified ‘Tax Year’. (AI image) By Sunil BadalaAs we approach FY 2026-27, the country stands at the cusp of one of the most significant overhauls of its income-tax framework in decades. With the introduction of the new Income-tax Act, 2025 and the Income-tax Rules,…
Gold is witnessing sharp swings in a broad range amidst mixed signals. (AI image) Gold price prediction today: Gold prices seem to be exhibiting a corrective phase with a bearish tone, feels Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. The analyst shares his outlook on the yellow metal:Gold is witnessing…
Rupee opened the week in green, recovering sharply in early trade after regulatory intervention aimed at curbing banks’ currency exposure. The currency climbed to 93.57 against the US dollar, on Monday, gaining 128 paise from its previous close, after opening at 93.62 in the interbank foreign exchange market. This comes days after the currency had…
Trading volumes are likely to be subdued, with domestic commodity markets set to remain shut on March 31 and April 3 due to Mahavir Jayanti and Good Friday. In the domestic market, gold futures ended last week slightly lower at Rs 1.44 lakh per 10 grams, while silver closed higher, gaining Rs 1,182, or 0.52…
Top stocks to buy (AI image) Stock market recommendations: Ipca Laboratories, and AU Small Finance Bank are the stocks that Motilal Oswal Wealth Management Research Desk recommends buying for the week starting March 30, 2026. Target prices and potential upsides are listed below: Stock Name CMP (Rs) Target (Rs) Upside (%) Ipca Laboratories 1595 1820…
Asian markets opened the week on a weak footing, with investor sentiment weighed down by surging oil prices and escalating tensions in the ongoing US-Iran conflict. While Nikkei slid 5%, South Korea’s Kospi fell over 4%, though the indices later pared some of the losses.On Monday, Hong Kong’s Hang Seng Index fell 412 points or…
NEW DELHI: The penalty on nine carmakers that failed to meet the Corporate Average Fuel Efficiency (CAFE-2) targets for three years — FY23 to FY25 — has been revised to Rs 2,728 crore, as per power ministry’s presentation made to the PMO last week. Earlier, the penalty was estimated around Rs 7,800 crore.Earlier, penalty was…
MUMBAI: RBI has placed consumer empowerment through portable bank accounts and cross-border efficiency at the centre of its Payments Vision 2028, signalling a new focus to improving user experience and reducing friction in money movement.While customers can freely open accounts with any bank, savings accounts are considered ‘sticky’ because of multiple standing instruction to send…
NEW DELHI: WTO talks in Cameroon are deadlocked over a moratorium on e-commerce with the US seeking a long freeze on countries for levying tax on digital downloads and streaming, while India is so far unwilling to agree to this period.Starting from two years, India has indicated its willingness to go up to four, with…
NEW DELHI: Confederation of Indian Industry (CII) on Sunday called upon companies to work with govt to build reserves of raw material, fuel and strengthen supply chains amid disruptions from the West Asia crisis.“The present situation represents a supply side disruption, with pressures transmitted through energy costs, logistics and working capital cycles,” it said in…