Mistakes to avoid while filing IT return before July 31
By Priti Rathi Gupta In 2010, the Indian government declared July 24 the National Income Tax Day. This is just six days before July 31, which is the last date for filing an income tax…
Business
Karnataka takes lead in renewable energy, says IEEFA
New Delhi, July 24 (IANS) Karnataka is the new national leader in renewable energy generation, US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday. It has overtaken Tamil Nadu that had long…
Stalled Nafta talks may resume: Mexico
Mexico City, July 24 (IANS) A “window of opportunity” to resolve complex issues in renegotiating the North American Free Trade Agreement (Nafta) has shown up, Mexican Minister of Economy Ildefonso Guajardo has said. “Clearly there…
Google’s parent Alphabet beats expectations despite EU fine
San Francisco, July 24 (IANS) Taking the latest $5 billion fine by the European Commission into account, Google’s parent company Alphabet reported $26.24 billion in revenue for the quarter that ended on June 30, making…
Sensex hits fresh high; banking stocks rise
Mumbai, July 24 (IANS) The benchmark BSE Sensex touched a new record high of 36,869.34 points on Tuesday morning with healthy buying in banking, consumer durables and metal stocks. The Sensex, had opened at 36,859.69…
Dhaka cafe siege: British detainee freed
Dhaka, July 24 (IANS) A British man detained in Bangladesh following a deadly cafe siege two years ago has been freed without charge, the BBC reported. Hasnat Karim was celebrating his daughter’s 13th birthday at…
20 killed in Greece wildfires
Athens, July 24 (IANS) Forest fires raging across Greece have killed at least 20 people, the government said on Tuesday, as the authorities sought international assistance. Government spokesman Dimitris Tzanakopoulos confirmed the death toll and…
UN urges Africa to develop regulations to spur e-commerce growth
Nairobi, July 24 (IANS) The United Nations has urged African states to develop regulations in order to spur e-commerce growth. Mukhisa Kituyi, Secretary-General of UN Conference on Trade and Development (UNCTAD), told journalists in Nairobi…
Chinese shares open higher
Beijing, July 24 (IANS) Chinese stocks opened higher on Tuesday, with the benchmark Shanghai Composite Index up 0.1 per cent to open at 2,862.27 points. The Shenzhen Component Index opened 0.03 per cent higher at…
US stocks close mixed amid earnings, data
New York, July 24 (IANS) US stocks closed mixed as investors awaited second-quarter earnings reports from some of the largest technology companies as well as major economic data. The Dow Jones Industrial Average on Monday…
US dollar rises against most currencies
New York, July 24 (IANS) The US dollar index increased against most other major currencies as investors bought the dip after the previous day’s sharp decline. In late New York trading on Monday, the euro…
India extends $200-mn credit lines to Rwanda, announces new diplomatic mission
New Delhi, July 24 (IANS) India has extended lines of credit (LoCs) worth $200 million to Rwanda as Prime Minister Narendra Modi announced that the first Indian diplomatic mission will be opened in the East…
Fincantieri to build two LNG-powered cruise liners
Trieste (Italy), July 24 (IANS/AKI) Fincantieri will build two new cruise ships for Carnival Corporation – the biggest ever to be constructed in Italy and which will be primarily fuelled by Liquified Natural Gas, the…
US stocks trade mixed amid earnings, data
New York, July 24 (IANS) US stocks traded mixed on Monday as investors awaited second-quarter earnings reports from some of the largest technology companies as well as major economic data. The Dow Jones Industrial Average…
Indian investors should set up ‘buy-back projects’ in Bangladesh for easy connectivity: Envoy
Kolkata, July 24 (IANS) Pointing out that trade figure between the two countries have increased manifold in recent years, Bangladesh High Commissioner Syed Muazzem Ali on Monday said Indian investors should set up large-scale “buy-back…
India to open its first mission in Rwanda
New Delhi, July 23 (IANS) In yet another manifestation of India’s growing engagements with Africa, Prime Minister Narendra Modi on Monday said that India will soon open a High Commission in the East African nation…
GST ‘big challenge’ to Gujarat’s future finances: Finance Commission chief
Ahmedabad, July 23 (IANS) The Goods and Services Tax (GST) is set to become a big challenge for the otherwise financially prudent Gujarat once the 14 per cent compensation commitment of the Centre winds up,…
Banks sign inter-creditor agreement on resolving NPAs: Goyal
New Delhi, July 23 (IANS) Indian banks and financial institutions (FIs) on Monday entered into an inter-creditor agreement (ICA) to expedite the resolution of banks’ non-performing assets (NPAs), or bad loans, and ensure smooth credit…
PNB receives over Rs 2,800 cr capital infusion
Mumbai, July 23 (IANS) State-run Punjab National Bank (PNB) has received capital infusion of Rs 2,816 crore from the Central government. PNB informed the BSE in a regulatory filing on Monday that the capital infusion…
Lok Sabha passes Negotiable Instruments Bill, 2017
New Delhi, July 23 (IANS) The Lok Sabha on Monday passed the Negotiable Instruments (Amendment) Bill, 2017, which provides for allowing a court trying an offence related to cheque bouncing to direct the drawer to…