Page 28 - Top 10 Headlines

Top Headlines: Windfall tax revision, Jio's purchase of 700 MHz, and more

The government on late Tuesday increased the windfall tax on domestically produced crude to Rs 17,750 a tonne from Rs 17,000 a tonne earlier

Al Qaeda leader Zawahiri killed in US strike in Afghanistan, says Biden

The United States killed al Qaeda leader Ayman al-Zawahiri in a strike in Afghanistan over the weekend, President Joe Biden said

Property crisis threatens to drag down a third of China's steel industry

Almost a third of China's steel mills could go into bankruptcy in a squeeze that's likely to last five years

ITR 2021-22: How to e-verify income tax return to complete filing process

If the income tax return (ITR 2021-22) is not verified before the last date, it is deemed invalid (not filed) by the Income Tax Department

Bangladesh economy outshone India, now it must learn from its neighbour

Bangladesh's per capita national income is now higher than that of India next door

Top Headlines: Debate on RBI rate hike, Zomato biz structure change & more

Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal

Tiger Global and SoftBank trim investments in India by over a third in 2022

Start-ups feeling the heat, but funds like PremjiInvest increasing exposure

Here's what Jagdeep Dhankhar will bring to the table if elected as VP

The election of Jagdeep Dhankhar as vice-president is hardly a challenge but as VP and, therefore, chairman of the Rajya Sabha, he will inherit a troubled legacy

With $208 bn in fortunes, Mukesh Ambani, and Gautam Adani start to face off

Ambani's Reliance Jio Infocomm Ltd. is the top player in India's mobile market, while the Adani Group doesn't even have a license to offer wireless telecommunications services

Oil prices fall as China slowdown spurs concern over demand outlook

Weekend data indicated a surprise contraction in Chinese factory activity, highlighting the cost of Beijing's preference for mobility curbs to tackle Covid-19

Income tax return: Missed ITR 2021-22 deadline? Here's what to do next

On the last day, July 31, over 6.5 million ITR were filed by 11 PM, according to the Income Tax Department

Top Headlines: RBI to push rates by 30-50 bps, task force for monkeypox

The Reserve Bank of India's MPC is likely to announce a repo rate hike of 35-50 basis points in its policy statement on August 5, a Business Standard poll showed

Taxpayers fear notices due to AIS discrepancies; CBDT says unfounded

The deadline for filing income-tax returns (ITRs) for the assessment year 2022-23 ended on Sunday

We continue to increase our reach and access in India, say Sun Pharma execs

Senior Sun Pharma executives speak on a two-pronged strategy for the China market, beginning R&D of biosimilar products, and more

Startup style: the smart way of dressing up is to rent your clothes

Lease designer and premium brands from companies that offer attire you can return after wearing for a while

Jaishankar, Muttaqi likely to hold bilateral meet at Tashkent SCO summit

In the meeting at the SCO summit, which will be the first face-to-face interaction between the two leaders, issues like humanitarian aid to Afghans are likely to be discussed

Top Headlines: Macy expenditure cut to hurt Indian IT cos, 5G auction Day 4

Macy's has informed its tech vendors of a 10-15 per cent cut in the IT budget for this year amid fears of a recession, a move that may hurt IT companies. Read more on this in our top headlines

First global gold exchange in India aims to create regional bullion hub

The India International Bullion Exchange is expected to attract dealers, refineries and foreign banks, Chief Executive Officer Ashok Gautam said

At Rs 123 cr, HCL's Vijayakumar is the highest paid CEO in Indian IT sector

HCL Tech, in its annual report, said that it provided a remuneration of Rs 123 crore to its chief executive officer (CEO) C. Vijaykumar last year, making him the highest-paid Indian CEO right now

ITR 2021-22: What do you lose if you file a belated income tax return?

Under section 234F of the Income Tax Act, 1961, the taxpayer is required to pay a penalty of Rs 5,000 for delaying the ITR and filing a belated ITR