CBDT has decided to extend the due date of furnishing of Return of Income for the AY 2025–26. (Reuters)
Posted in Business

Income tax audit deadline extended: Corporates, taxpayers get relief till December 10 | Details

The Income Tax Department on Wednesday extended the deadline for filing income tax returns (ITRs) for corporates and assessees requiring an audit for the assessment…

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Posted in Economy

Why AI-led layoffs are bad not just for the laid off: Big reality check coming for Indian economy

Mass layoffs have been announced by several mega companies, especially tech giants, in the US, largely due to AI and automation. In India too, some…

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Ixigo posts 37% revenue growth; slips into loss on one-time costs
Posted in Startups

Ixigo posts 37% revenue growth; slips into loss on one-time costs

Le Travenues Technology, the parent company of online travel aggregator Ixigo, saw its operating revenue increase by 37% year-on-year (YoY) to Rs 283 crore for…

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Nvidia CEO Jensen Huang has dismissed concerns about an AI bubble. (Reuters)
Posted in Business

Jensen Huang net worth tops $180 billion as Nvidia becomes $5-trillion company| Business News

The surge in the stock of Nvidia Corp. has not only made it the first $5-trillion company in the world, but also propelled Jensen Huang’s…

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Ola’s Bhavish Aggarwal tells HC campaign over employee suicide hurt company’s image
Posted in Startups

Ola’s Bhavish Aggarwal tells HC campaign over employee suicide hurt company’s image

Ola Electric founder Bhavish Aggarwal urged the Karnataka High Court to restrain the brother of an employee who died by suicide from carrying on with…

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Posted in Economy

Robust, globally competitive manufacturing sector key to raise share in GDP: Niti report

A robust, globally competitive, and technologically advanced manufacturing sector is required to push up its contribution to the GDP to 25 per cent and generate…

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Russia currently supplies nearly a third of India's crude imports, averaging around 1.7 million barrels per day in 2025, of which approximately 1.2 mbd came directly from Rosneft and Lukoil. (Reuters)
Posted in Business

Lakshmi Mittal’s JV HPCL-Mittal Energy stops buying Russian crude amid US sanctions| Business News

HPCL-Mittal Energy Ltd., a joint venture of Lakshmi Mittal’s Mittal Energy and Hindustan Petroleum Corp. Ltd., has stopped buying Russian crude oil. The ships used…

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Posted in Economy

Himachal CM urges FM to increase additional borrowing limit for state by 2 pc

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Wednesday met Union Finance Minister Nirmala Sitharaman and urged her to increase the additional borrowing limit of…

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Posted in Economy

Goyal to visit New Zealand next week for trade pact talks

Commerce and Industry Minister Piyush Goyal on Wednesday said he will visit New Zealand next week to hold discussions on the proposed free trade agreement…

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Nvidia has taken just three months to go from a market capitalisation of $4 trillion to $5 trillion. (Getty Images via AFP)
Posted in Business

Nvidia becomes first $5-trillion company as AI boom powers meteoric rise| Business News

Nvidia Corp. has become the first company to achieve a market capitalisation of $5 trillion, powered by a stunning stock rally that has cemented its…

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