Central bank statements fail to lift market mood Recent announcements from the central bank did not succeed in lifting investor optimism. Traders in the foreign exchange market say persistent demand for the US dollar and a climb in crude oil prices have kept pressure on sentiment, outweighing whatever reassurance the central bank tried to offer. … Read more
New deadline for processing income tax returns — what it means Under the rule now in focus, if your income tax return (ITR) is not processed by 31 December 2026 — or within the applicable deadline for earlier assessment years — the Central Processing Centre (CPC) must forfeit its right to the ITR. In plain … Read more
The rupee opened stronger after the central bank announced a liquidity infusion of about ₹3 lakh crore into the markets. Forex traders said the move helped ease immediate pressure on the currency and calmed short-term volatility. Immediate market reaction On the opening of trade, the rupee firmed up as participants responded to the central bank’s … Read more
Gold futures for February delivery climbed for the third straight session, rising by ₹791 (0.57%) to reach a lifetime high of ₹1,38,676 per 10 grams on the MCX. The fresh peak underscores steady appetite for the metal among traders and investors, even as markets weigh global and domestic economic cues. What the new high means … Read more
Early trade sees a steady start for Indian benchmarks Indian equity markets opened on a positive note, with the BSE Sensex rising 115.8 points and the NSE Nifty gaining 40.7 points in early trade. The move came as investors responded to broadly favourable global cues and a calmer risk tone in overseas markets. What’s behind … Read more
Why worsening air quality makes sustainable housing more valuable Air quality is declining in many parts of the world because of urban pollution, wildfires and changing weather patterns. That shift is pushing homeowners, developers and policymakers to rethink how buildings protect people’s health and hold value over time. Sustainable housing — designed to reduce energy … Read more
US layoffs surge to 1.17 million in 2025 Layoffs in the United States reached 1.17 million in 2025, a sharp rise that has unsettled workers, employers and policymakers. While many factors drove the wave, artificial intelligence (AI) was directly tied to roughly 55,000 job cuts — about 4.7% of the total. Large employers in the … Read more
Deadline for revising returns: what taxpayers need to know December 31 is the cut-off for taxpayers who must revise their income tax returns to disclose foreign assets and income. If you’ve already filed a return this year but did not declare overseas holdings or foreign-source income, you should act promptly to update the return. Failing … Read more
Cheap candies priced at ₹1 still make up the largest share of sales in India’s confectionery market, but the leading candy maker is increasingly focusing on higher-price offerings to lift revenue and margins. By pushing ₹5 and ₹10 packs, expanding distribution and rolling out new launches, the company aims to capture more value from both … Read more
The Indian rupee showed a modest recovery in early trade at the interbank foreign exchange market, opening at 89.56 against the US dollar and then strengthening to 89.51. That move represented a gain of 12 paise over its previous close. Market snapshot: small gain, steady tone The intraday movement was subtle but notable: after opening … Read more