[ad_1] BENGALURU: Gameskraft Technologies accused its former group chief financial officer, Ramesh Prabhu, of diverting company funds into unauthorised futures and options trading, causing losses he estimated at more than Rs 250 crore. Following a fact-finding review, the company wrote off Rs 270.4 crore in its accounts for the 2024-25 financial year. The allegations form…
[ad_1] Filing an ITR beyond the designated deadline is classified as a belated return, which can be submitted through December 31, 2025. (AI image) ITR filing FY 2024-25 due date: ITR filing FY 2024-25 due date: There is no intimation as of 12:00 AM, September 17, 2025 from the Income Tax Department on extension of…
[ad_1] After years of scepticism and branding Chinese stock markets as “uninvestable”, foreign investors are once again turning their attention to Chinese equities, betting on the country’s resilience in artificial intelligence, semiconductors and biotech as well as a growing need for diversification beyond US assets.Progress in China’s AI adoption, its push in semiconductors, and breakthroughs…
[ad_1] Eternal, formerly known as Zomato, has climbed further up the market-cap rankings, surpassing Tata Motors and Titan to reach a valuation of Rs 3.13 lakh crore. The company’s market capitalisation now stands above Tata Motors’ Rs 2.64 lakh crore and Titan’s Rs 3.12 lakh crore, putting it just short of Hindustan Aeronautics Ltd (HAL),…
[ad_1] The US Federal Reserve opened a key interest rate meeting on Tuesday, just hours after Donald Trump’s close aide Stephen Miran was sworn in as a governor of the central bank, while another top official, Lisa Cook, is fighting the president’s attempt to oust her.Miran, who has been a senior adviser to Trump, took…
[ad_1] Jindal Steel International has made a non-binding offer to acquire Thyssenkrupp’s steel division, the German conglomerate said Tuesday, in a move that could reshape Europe’s traditional steel landscape. The bid, details of which were not disclosed, sent Thyssenkrupp shares soaring nearly 8% in Frankfurt trade, AFP reported.The once-iconic German industrial major has been trying…
[ad_1] India has placed its $4 billion National Critical Mineral Mission at the heart of its energy strategy, with fresh emphasis on overseas acquisitions to secure supplies of lithium, cobalt and nickel. Union Minister for Coal and Mines G Kishan Reddy said on Tuesday that state-run Khanij Bidesh India Limited (KABIL) is holding active negotiations…
[ad_1] Retail spending in the US exceeded expectations in August, rising 0.6 percent month-on-month, government data showed on Tuesday, even as President Donald Trump’s tariffs continue to impact the global trade environment. On a year-on-year basis, retail sales climbed 5 percent.The Commerce Department data highlighted that motor vehicle and parts dealers saw a 0.5 percent…
[ad_1] Gold rate today: Gold futures soared to fresh peaks on Tuesday, with expectations of an imminent US Federal Reserve rate cut and a weaker dollar driving safe-haven buying across global and domestic markets. On the Multi Commodity Exchange (MCX), October contracts jumped Rs 384, or 0.34 per cent, to a record Rs 1,10,563 per…
[ad_1] Progress in India–US trade negotiations depends heavily on Washington revoking the additional 25 per cent tariffs linked to India’s Russian oil imports, according to a report by the India-based Global Trade Research Initiative (GTRI) as discussions resumed in New Delhi on Tuesday.“Negotiations will remain slow unless Washington signals genuine flexibility,” the GTRI report stated,…