Headlines

Housing society wanted to label Mumbai doctor a defaulter over Rs 1.42 lakh maintenance dues and 18% interest; why Maharashtra court has granted him interim protection

The man, a doctor in Mumbai, owns a ground-floor unit in Building No. 1 of the housing society. (Image for representative purpose only) You default on the maintenance dues for the housing society you are living in. Should you be labelled as a defaulter? In one such case a man has secured interim protection from…

Read More

Starlink gets India-ready with 20 gateway sites, local data controls

Starlink has completed a major ground infrastructure in India, with 20 gateway sites and hundreds of antennas already in place as the satellite communications company prepares to serve the Indian market.Lauren Dreyer, vice president, Starlink business operations, SpaceX, said at India Mobile Congress 2026 that the company has also developed security controls specifically for the…

Read More

How will economy be impacted if India-US trade deal doesn’t happen? RBI governor Sanjay Malhotra answers

Malhotra’s comments come within days of FM Sitharaman indicating discussions having “reached a plateau”. India’s trade agreements with other countries should help mitigate the impact of possible US tariffs if a trade deal does not come through, indicated RBI governor Sanjay Malhotra on Wednesday.Asked about the possible impact on the economy if the India-US trade…

Read More

‘Rate cuts off the table’: Why RBI hiked repo rate by 25 basis points but also raised GDP growth forecast to 7.1%

The MPC observed that geopolitical developments continue to make the global environment difficult. RBI governor Sanjay Malhotra announced the Monetary Policy Committee’s (MPC) decision to hike repo rate by 25 basis points on Wednesday. Repo rate is the rate at which RBI lends money to banks and it now stands at 5.50%. The rate hike…

Read More

Gold price prediction today: Where is gold headed in near-term? Check October 7, 2026 outlook

Markets will keep an eye on Hormuz-related headlines and oil prices, along with any fresh central bank buying data. Gold price prediction today: While gold prices continue to be supported by central bank buying, the outlook stays cautious, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. Below is…

Read More

Stock Market Today Live Updates: BSE Sensex plunges 500 points, NSE Nifty50 trades near 22,600 after RBI hikes repo rates by 25 basis point

Indian benchmark indices ended sharply higher in the previous session, extending their rally for a second straight session. The 30-share BSE Sensex gained 685.34 points, or 0.95%, to settle at 73,067.81, while the 50-share NSE Nifty climbed 220.35 points, or 0.98%, to close at 22,776.10. Buying in banking stocks and Reliance Industries, along with a…

Read More

Man opted for VRS after employer shut plant, got Rs 65.21 lakh and reported it as advance salary in ITR; Section 89 relief was denied, but ITAT Pune later ruled it a non-taxable capital receipt

He reported the Rs 65.21 lakh as advance salary in his ITR and sought tax relief under Section 89 of the Income Tax Act. (Image for representative purpose only) You choose to retire early and get money from your company for the VRS. But you mistakenly report it in a wrong way in your income…

Read More