Tata Power on Tuesday announced plans to invest Rs 1,572 crore to acquire a 40 per cent equity stake in a special purpose vehicle (SPV) that will develop the 1,125 MW Dorjilung hydropower project in Bhutan, marking a key step in its green energy expansion strategy, PTI reported.According to a regulatory filing, the acquisition-to be…
Wall Street witnessed mixed trading on Tuesday, cooling off after Monday’s sharp rally that followed a week of losses. The S&P 500 slipped 0.2% in early trading, the Dow Jones Industrial Average added 73 points, while the tech-heavy Nasdaq fell 0.5%. Despite the pullback, all three major indexes remained close to record highs, AP reported….
A new property purchase can feel like a proud milestone — until a letter from the Income Tax Department lands in your inbox asking where your money came from. Experts say that such notices are becoming increasingly common as tax authorities use advanced data analytics to verify whether property buyers’ declared income matches their level…
In a move set to ease taxpayer grievances and streamline refund corrections, the Central Board of Direct Taxes (CBDT) has authorised the Commissioner of Income Tax (CPC), Bengaluru, to directly rectify mistakes in assessment orders under Section 154 of the Income-tax Act, 1961.The notification, issued on October 27, 2025 (No. 155/2025), gives the Bengaluru-based Centralised…
Neville Tata has been appointed by Tata Trusts to the board of Sir Dorabji Tata Trust (SDTT). Neville Tata is the son of Tata Trusts chairman Noel Tata. Group veteran Bhaskar Bhat has also been inducted.This appointment strengthens Noel Tata’s position whilst elevating Neville, aged 32, to one of the most significant roles within the…
The rupee strengthened 23 paise to settle at 88.50 against the US dollar on Tuesday, supported by upbeat sentiment around a potential US-India trade agreement and easing concerns over the prolonged US government shutdown.At the interbank foreign exchange market, the rupee opened at 88.69 against the greenback, touched an intraday high of 88.50 and a…
NEW DELHI: India and Vietnam have decided to further expand and deepen their defence cooperation, including in important emerging areas like cybersecurity and real-time exchange of information, even as they inked a MoU on submarine search and rescue collaboration.The Defence Policy Dialogue, co-chaired by defence secretary Rajesh Kumar Singh and Vietnam’s deputy minister of national…
Veterans Day 2025 will be observed on Tuesday, November 11, across the United States, honouring all who have served in the military –in both wartime and peace. Originally observed as Armistice Day in 1919, one year after the end of World War I, the day was renamed Veterans Day in 1954 to commemorate all American…
Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong…
India’s direct tax mop-up rose 7 per cent to over Rs 12.92 lakh crore between April 1 and November 10, lifted by stronger corporate tax inflows and a slowdown in refund issuances, latest government data showed.Refunds fell 18 per cent year-on-year to Rs 2.42 lakh crore during the period, aiding overall net collections, PTI reported….
