Business

This is an AI-generated image, used for representational purposes only. (Picture credit: DALL-E) The Australian government has unveiled its 2025-26 federal budget, focusing on cost-of-living relief, tax cuts, and support for households, students and businesses.With a general election approaching, Australia’s treasurer Jim Chalmers introduced several measures aimed at easing financial pressure on Australians while addressing…

The tax demand constitutes a significant portion of Samsung’s net profit in India, which stood at $955 million last year. (AFP Photo) India’s tax authorities have demanded Samsung and its local executives to pay $601 million as back taxes and penalties for allegedly evading tariffs whilst importing essential telecommunications equipment, a Reuters report says. This…

Ajit Mishra of Religare Broking notes that the market’s renewed strength stems from FII buying. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, continued to rally for the 7th straight session on Tuesday. While BSE Sensex surged over 650 points, Nifty50 went above 23,800. At 10:10 AM, BSE Sensex…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, RBL Bank and ACC are the top stocks to buy today:RBL Bank – Buy in the range between Rs 173 & Rs 178; Stoploss: Rs 164; Target: Rs 205RBL Bank has formed…

Small depositors have protection through the DICGC’s (Deposit Insurance and Credit Guarantee Corporation) deposit insurance programme. Are your bank deposits insured if your bank fails? The recent news around IndusInd Bank has raised concerns about the safety of deposits. The Reserve Bank of India (RBI) has been quick to reassure bank customers that their deposits…

US stock market (Photo-AP) Stocks rose in morning trading (US local time) as Wall Street attempts to navigate uncertainty amid an ongoing trade war. The S&P 500 jumped 1.1%, coming off its first winning week after a four-week losing streak. The Dow Jones Industrial Average rose 0.7%, while the Nasdaq composite gained 1.5%. Wall Street…

FPIs bought Indian equities in three out of five trading sessions last week. (AI image) Indian stock markets have reversed the 2025 losses in the last six trading sessions. While BSE Sensex is marginally down from its December-end closing, Nifty50 has turned positive for the calendar year 2025. Stock market investors’ wealth has risen by…

The next hearing is set for April 22, where IBA must present a progress report on UFBU’s demands. (AI image) Bank strike today? Bank unions have postponed their planned nationwide strike for March 24 and March 25 following constructive assurances from the Indian Banks’ Association (IBA) and the Finance Ministry regarding their demands, including a…

RailTel share (AI generated image) RailTel Corporation of India shares surged by 9.6% to an intraday high of Rs 339.50 on the BSE on Monday, March 24, following the company’s announcement of winning a Rs 25.15 crore work order from Hindustan Petroleum Corporation Ltd (HPCL).At 2:44 pm, the share of RailTel were trading at Rs…

Adani Enterprises, the group’s primary entity, experienced a 27% reduction in share price this year. Gautam Adani-led Adani Group stocks’ aggregate market capitalisation has declined by 21% in FY25 compared to the previous year, amidst market fluctuations and regulatory scrutiny. A total of Rs 3.4 lakh crore have been wiped out in market cap. Adani…