BUSINESS
Income Tax compliance in India is on the upswing across slabs
The data shows that the number of returns filed have shot up across various tax slabs reflecting the more robust revenue base. The number of ITR filings has shown a consistent upswing over the last few years. The returns filed by individual taxpayers have shot up from 3.36 crore in Assessment Year (AY) 2013-14 to 6.37 crore in AY 2021-22 registering an overall increase of 90 per cent.
Onion prices up, selling at Rs 50-80 per kg across NCR
While the staple vegetable was selling at Rs 35 to 40 per kg last week, the prices are touching Rs 50-80 across Delhi-NCR now.
'Millions' of misogynistic posts daily on X from India: Study
The study defined online misogyny as consisting of six overlapping forms -- sexist abuses, sexual objectification, threatening to physically or sexually harm women, asserting women's inferiority, justifying violence against women, and dismissing feminist efforts.
RBI fixes Rs 100 per day compensation for customers in case CIs don’t resolve complaint in 30 days
The circular has been sent to all banks, NBFCs, financial institutions, asset reconstruction companies, and credit information companies.
RBI tells banks to raise limit for non-callable term deposits to Rs 1 crore
The RBI issued a master direction to banks on Thursday, stating that all domestic term deposits accepted from individuals for amount of Rs 1 crore and below shall have premature withdrawal facility.
Short-term trend of Nifty continues to be negative, say analysts
While Nifty closed 281 points down at 18,841, Sensex fell 900 pts to close 63,148.
Nifty sinks below 19K to four-month low
While Nifty tanked 257 points to a four-month low, Sensex plunged 900 points to settle at 63,148 levels, he said.
Google will continue to make meaningful investments in AI: Sundar Pichai
Pichai said that it is all part of the focus on making AI more helpful for everyone, like the Search Generative Experience (SGE) which is our experiment to bring Generative AI capabilities into Search.
Ola Electric raises Rs 3,200 cr to boost EV biz, build cell manufacturing factory
The funds raised would be used towards expansion of Ola’s EV business and setting up India's first lithium-ion cell manufacturing facility in Krishnagiri, Tamil Nadu, the company said in a statement.
Canara Bank logs 43% growth in Q2 PAT at Rs 3,606 cr
In a regulatory filing, Canara Bank said for the quarter that ended September 30, it had earned a total interest income of Rs.26,837.68 crore (Q2FY23 Rs 20,106.92 crore) and a net profit of Rs 3,606.14 crore (Rs 2,525.47 crore).
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