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business

Over 5 crore ITRs filed for AY 2026-27, Income Tax Department urges early filing

The tax authority advised taxpayers to verify Form 16, AIS, Form 26AS, and other records before submission to avoid technical issues and last-minute congestion on the e-filing portal.

Govt rolls out ‘Corporate Mitra’ initiative to empower MSMEs and young professionals

The scheme will provide affordable compliance and business support services while creating a network of trained para-professionals, with special focus on tier 2, tier 3 cities and the Northeast.

India's first indigenous hydrogen fuel cell train unveiled: Route, speed and key features

Developed using indigenous technology, the project marks a significant step toward sustainable rail transport and hydrogen-powered mobility infrastructure across the country's railway network.

GOLD AND SILVER

Gold and silver prices fall up to 1% on US-Iran tensions, stronger dollar

Precious metals witness sharp decline as geopolitical uncertainty and rising dollar index weigh on investor sentiment.

India's apparel market to reach $150 billion by 2030, skill demand rises

Industry estimates project employment to expand to nearly 60 million, with workforce development and public-private collaboration expected to support growing domestic and export opportunities.

Sensex

Sensex, Nifty slide in early trade as rising crude, US tariff concerns weigh on markets

Indian benchmark indices fall nearly 0.5% amid geopolitical tensions, higher Brent crude prices and fresh US tariff plans on generic drugs, while auto stocks buck the trend.

RBI takes first formal step towards introducing polymer banknotes in India

The initiative involves seeking security-enhanced polymer substrate suppliers while evaluating durability, cost, security features, and operational requirements before any final decision on replacing traditional paper currency.

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