Articles for category: Business

Koushik Roy

PC Jeweller Secures ₹67.54 Crore Refund from Income Tax Department

PC Jeweller Secures ₹67.54 Crore Refund from Income Tax Department

PC Jeweller Receives Substantial Income Tax Refund PC Jeweller Ltd., a prominent player in the retail jewellery sector, has announced a significant financial development on September 10. The company confirmed that it has successfully received a refund of ₹67.54 crore from the Income Tax Department, which was credited to its account on September 6. This ...

Koushik Roy

New Allegations Surface Against Madhabi Buch

New Allegations Surface Against Madhabi Buch

Introduction On September 10, 2024, the Indian National Congress, the primary opposition party, made serious allegations against the Chairperson of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch. These accusations have raised significant questions about potential conflicts of interest and ethical standards in regulatory positions in India. Allegations Against SEBI Chairperson The ...

Koushik Roy

Greater Noida Stadium: Street Cricket Unplayable, Afghanistan vs New Zealand Test Wasted; Fans Troll on Social Media

Greater Noida Stadium: Street Cricket Unplayable, Afghanistan vs New Zealand Test Wasted; Fans Troll on Social Media

The Unfortunate Delay of the Historic Test Match The much-anticipated one-off Test match between Afghanistan and New Zealand in Greater Noida is embroiled in controversy as it enters its third day without a single ball bowled. Originally scheduled to commence on Monday, the match faces considerable jeopardy due to a wet outfield, raising significant concerns ...

Koushik Roy

Pharma Stocks to Skyrocket: Get Ready for a Boost with New Legislation!

Pharma Stocks to Skyrocket: Get Ready for a Boost with New Legislation!

Pharmaceutical Sector Update: The pharmaceutical industry is experiencing significant activity due to the recent passage of a new law in the United States known as the Biosecure Act. This pivotal legislation, approved by the US House of Representatives on September 9, aims to reduce American pharmaceutical companies’ reliance on China and restrict the transfer of ...

Koushik Roy

TalkCharge Scam: Gurugram Firm Defrauds Users of ₹5,000 Crore with Cashback Promise

TalkCharge Scam: Gurugram Firm Defrauds Users of ₹5,000 Crore with Cashback Promise

Massive Wallet Scam Unveiled: The TalkCharge Debacle A staggering wallet scam has emerged, revealing that a Gurugram-based company, TalkCharge, has allegedly defrauded individuals of a whopping ₹5,000 crore. Investigations initiated by CNN-News18 unveiled that users were drawn in by promises of extraordinary returns, branded as cashback offers. Victims are claiming that this Ponzi scheme is ...

Koushik Roy

Rising Credit Card Costs: New Disclosure Rules on the Horizon

Rising Credit Card Costs: New Disclosure Rules on the Horizon

Potential Impact of Stricter Financial Regulations on Credit Card Transactions The financial landscape is set to undergo significant changes as the Financial Action Task Force (FATF) considers implementing stricter disclosure requirements for cross-border online transactions. As these regulations evolve, banks and credit card issuers may face increased compliance costs, which could ultimately lead to higher ...

Koushik Roy

Stock Market Insights: September 11 Predictions and Trends

Stock Market Insights: September 11 Predictions and Trends

Market Overview On September 10, the Indian stock market experienced a significant bullish trend for the second consecutive day, bolstered by strong global cues. The Sensex, a key index of the Bombay Stock Exchange (BSE), surged 362 points, closing at an impressive level, while the Nifty crossed the psychological mark of 25,000. Investors in the ...

Koushik Roy

Viral Video: Sushil Kumar Shinde's Shocking Story from Lal Chowk

Viral Video: Sushil Kumar Shinde’s Shocking Story from Lal Chowk

Sushil Kumar Shinde: Renowned senior Congress leader Sushil Kumar Shinde shared an intriguing anecdote about his experience during a visit to the Kashmir Valley in 2012. Reflecting on his time as the Union Home Minister, he candidly admitted feeling apprehensive about walking through the iconic Lal Chowk in Srinagar. Although his visits garnered significant media ...

Koushik Roy

Gold Prices Soar in Delhi & Indore: Silver Rises by ₹700 Today!

Gold Prices Soar in Delhi & Indore: Silver Rises by ₹700 Today!

Current Gold and Silver Prices in India Gold Price Today: On Tuesday, gold prices witnessed an increase of Rs 600, reaching Rs 74,100 per 10 grams in the national capital, reflecting a surge in demand from jewellers. This marks a notable rise from the previous trading session’s closing price of Rs 73,500 per 10 grams ...

Koushik Roy

Urgent: 5 Days Left to Pay Your Advance Tax – Avoid Fines!

Urgent: 5 Days Left to Pay Your Advance Tax – Avoid Fines!

Advance Tax Deadline Approaching: Taxpayers have just five days remaining to submit the second installment of advance tax for the financial year 2024-2025. The deadline for this payment is September 15, 2024. Failing to pay advance tax by this date may result in penalties as stipulated under sections 234B and 234C of the Income Tax ...

Koushik Roy

Time to Take Profits in Pharma Stocks: Ashwini Shami on Zomato's Overvaluation

Time to Take Profits in Pharma Stocks: Ashwini Shami on Zomato’s Overvaluation

Insights on the Pharmaceutical Sector from Ashwini Sami In a recent interview with Moneycontrol, Ashwini Sami, Executive Vice President and Portfolio Manager at OmniScience Capital, shared his views on the current state of the stock market, particularly focusing on the pharmaceutical sector and investment strategies moving forward. Pharmaceutical Sector: Time for Profit Booking Sami expressed ...

Koushik Roy

Rising Costs: Banking Services & Credit Cards Face New FATF Disclosure Standards

Rising Costs: Banking Services & Credit Cards Face New FATF Disclosure Standards

The growing emphasis on regulatory compliance within the financial sector has led to significant discussions surrounding international transaction standards. The Financial Action Task Force (FATF), an intergovernmental organization focused on combating money laundering, is currently considering new disclosure guidelines that would impact cross-border online transactions, including the use of credit cards and wire transfers. According ...

Koushik Roy

Diljit Dosanjh Concert Tickets Sell Out in 2 Minutes: Fans Go Wild!

Diljit Dosanjh Concert Tickets Sell Out in 2 Minutes: Fans Go Wild!

Diljit Dosanjh’s Spectacular Dil-Luminati Tour in India Indian Fans Rejoice! After mesmerizing audiences in Canada, the United States, Australia, and New Zealand, renowned Punjabi singer and actor Diljit Dosanjh is set to enchant his fans right here in India. The tickets for his much-anticipated concert series, the Dil-Luminati Tour, have entered the pre-sale phase, much ...

Koushik Roy

PN Gadgil Jewellers IPO: Key Benefits You Need to Know!

PN Gadgil Jewellers IPO: Key Benefits You Need to Know!

Introduction The Initial Public Offering (IPO) of PN Gadgil Jewellers is creating a buzz in the investment community as it opens for subscription until September 12, 2024. With a legacy of over 180 years, PN Gadgil Jewellers has established itself as a trusted name in the Indian jewellery market. This article provides insights into the ...

Koushik Roy

Tata and U.S. Defense Firm Join Forces to Build C-130J Super Hercules

Tata and U.S. Defense Firm Join Forces to Build C-130J Super Hercules

Lockheed Martin and Tata Advanced Systems Unite for C-130J Airlifter Program In a significant step for defense collaboration between the United States and India, Lockheed Martin has announced a partnership with Tata Advanced Systems Limited (TASL) for the C-130J Super Hercules Tactical Airlifter Project. The announcement was made on 10 September 2023, shortly after Indian ...

Koushik Roy

IndusInd Bank's Exciting Offer: 8.49% FD Interest for Millions!

IndusInd Bank’s Exciting Offer: 8.49% FD Interest for Millions!

IndusInd Bank’s Latest Fixed Deposit Interest Rates IndusInd Bank, a prominent player in the Indian banking sector, has recently taken a significant step to benefit its customers by revising its Fixed Deposit (FD) interest rates. This change, effective from September 7, introduces competitive rates that cater to both general customers and senior citizens. With these ...