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No more input tax credit block for companies buying insurance cover

New Delhi, Oct. 8 -- Businesses will now be able to claim input tax credit (ITC) on health and life insurance bought for employees, as the GST Council has recommended easing several restrictions on bl... Read More


Indian carriers cancel Riyadh flights

New Delhi, Oct. 8 -- Indian carriers have cancelled their flights to Saudi Arabia's capital Riyadh as it came under attack from Houthi rebels on Wednesday and Thursday. Three persons were killed and ... Read More


GST Council meeting: Businesses can now get 90% of claimed refunds in 13 days

New Delhi, Oct. 8 -- Businesses will now be able to get 90 per cent of eligible GST refunds within 13 days. This was one of the several changes recommended by the GST Council on Thursday to speed up t... Read More


Stocks in focus today: Polycab, Tata Power, Tata Steel, Airtel, Ola Electric and more

New Delhi, Oct. 8 -- Polycab India Limited has announced that the National Company Law Tribunal, Ahmedabad Bench, has admitted an insolvency petition against the company. The order was delivered in Co... Read More


Cargo traffic handled by major ports rises 8% in Apr-Sep 2026

New Delhi, Oct. 8 -- Cargo traffic handled by India's major ports rose 8.01 per cent year-on-year to 472.75 million tonnes during April-September 2026, according to data released by the Indian Ports A... Read More


Depositors unlikely to see immediate benefit from rate hike: CS Setty

New Delhi, Oct. 8 -- State Bank of India, Chairman, CS Setty expects the recent rate hike to support banks' margins over the next two to three quarters, with deposit rates unlikely to rise immediately... Read More


Fuel surcharges to pinch festive season flyers as ATF costs rise

New Delhi, Oct. 8 -- Festive season airfares are expected to pinch passengers as airlines across the board introduce or revise fuel surcharges amid rising aviation turbine fuel (ATF) prices. On Thursd... Read More


Indian stock markets set for weak opening as global cues turn negative

New Delhi, Oct. 8 -- Indian stock markets are likely to open on a weak note, amid weak global cues and persistent selling by foreign portfolio investors. All eyes will be on Tata Consultancy Services,... Read More


Goldman Sachs sees 26% return for Asian equities, bets big on tech earnings surge

New Delhi, Oct. 8 -- Goldman Sachs on Thursday raised its outlook for Asian equities, projecting a 26 per cent USD price return over the next 12 months for the MSCI AC Asia Pacific ex-Japan (MXAPJ) in... Read More


Amazon Great India Festival opens with 100 per cent y-o-y growth in order volume

New Delhi, Oct. 8 -- Amazon India is witnessing strong growth in order volume as per early trends for its key festival sale event, amidst macroeconomic concerns around inflationary pressures. The e-co... Read More