BUSINESS

The Assessing Officer restricted the deduction by approximately Rs 55 lakh. (Image for representative purpose only) You sell a property and reinvest the money you get from the sale in another property, and claim capital gains exemption in your income tax return. The catch however is that the property you buy as a replacement is…

One drawback of verbal or unregistered rental arrangements is the difficulty of establishing proof. (Image for representative purpose only) Recently, the Uttar Pradesh government announced plans to revamp the state’s tenancy rules, including changes to the stamp duty and registration charges that are applicable to rental agreements.At a press conference, Ravindra Jaiswal, Minister of State…

US Secretary of State Marco Rubio NEW DELHI: US secretary of state Marco Rubio on Monday said that India and the US are close to finalising a trade deal. He also explained the reason behind Washington’s consideration of India energy needs before imposing sanctions or tariffs linked to Russian oil.Speaking to reporters in Samarkand, Uzbekistan,…

India has officially entered the festive season, with celebrations lined up one after another. But while the calendar fills up with festivals, bank customers may want to keep an eye on another list: the October bank holidays.Before setting out for a branch visit, it is worth checking whether the bank is open or taking a…

Rupee strengthens against US dollar NEW DELHI: Rupee began the week on a cheerful note, inching towards the 94 mark against US dollar on Monday. The currency strengthened by 9 paise to 94.80 against the greenback in early trade, extending its recovery for a third consecutive session. This followed Friday’s close of 94.89, when the…

Sugar stocks slip after govt’s latest ethanol procurement tender NEW DELHI: Sugar stocks turned sour on Monday, tumbling over 5% after the government halted sugar-based ethanol supplies for 2026-27.Bajaj Hindusthan Sugar led the losses among the listed companies, with its shares falling 5.22% to Rs 20.16 on the Bombay Stock Exchange in early trade. Dwarikesh…

Stock market recommendations: Radico Khaitan, and Bharti Airtel – Motilal Oswal Wealth Management Research Desk has recommended these as the top stocks to buy for the week starting October 19, 2026. Let’s take a look: NAME CMP (15th Oct) TP (Rs) Upside (%) Radico Khaitan 4419.75 5,350 21% Bharti Airtel 1852 2,250 21% Radico KhaitanRadico…

The move is part of an exercise to win back customers who have flocked to more nimble private banks in recent years NEW DELHI: From facilitating loans to startups to special savings accounts for students and credit card offers, state-run Punjab National Bank (PNB) is rolling out the red carpet for young customers.“Every young person…

File photo: US treasury secretary Scott Bessent US treasury secretary Scott Bessent has accused European countries of refusing Washington’s request to impose secondary tariffs on India and China for purchasing Russian oil, questioning why the United States should bear the burden of pressuring Moscow alone.Speaking to NBC News’ Meet the Press on Sunday, Bessent said…

NEW DELHI: India’s crude import bill surged 46% year-on-year in Sept, while import volumes rose only 7%, as oil prices remained elevated amid concerns over prolonged disruptions to supplies from West Asia.Provisional data compiled by the Petroleum Planning and Analysis Cell (PPAC) showed that India imported 21.7 million tonnes (MT) of crude in Sept, compared…