NEW DELHI: Automobile retail sales across categories, including passenger vehicles and two-wheelers, witnessed a drop of 7% in Feb, amid declining demand, dealers’ body FADA said on Thursday. Overall, retail sales in the domestic market stood at 18.9 lakh units last month compared to 20.5 lakh units in the year-ago period.“Feb witnessed a broad-based downturn across all categories,” FADA president …
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It is important to note that the Section 80C exemption of up to Rs 1.5 lakh per annum is only available under the old income tax regime. (AI image) Post Office Savings Schemes Income Tax Benefits: Post Office Savings Schemes are seen as a secure investment alternative in India with government backing. Some of these post office small savings schemes …
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India’s real GDP growth is expected to remain steady at 6.5 per cent for the 2026 fiscal, despite global uncertainties due to geopolitical shifts and trade tensions triggered by US tariff, a report by CRISIL Intelligence revealed on Thursday.The credit rating agency’s forecast depends on two major factors: a normal monsoon and stable commodity prices, both of which are expected …
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Indian stock markets are gradually showing signs of recovery, buoyed by a combination of favourable macroeconomic factors: a weakening US dollar and falling crude oil prices.Out of 13 major sectoral indices, 12 closed in the green. The Nifty 50 ended the session with a 0.93% gain, closing at 22,544 points, while the Sensex finished at 74,340, marking a 0.83% increase …
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Sajjan Jindal said that Elon Musk would not find it easy to chart a success story in India. Tesla in India: As Elon Musk-led Tesla prepares to start selling electric vehicles in India, a statement by JSW Group chairman Sajjan Jindal is going viral on social media. Jindal expressed confidence in domestic manufacturers Tata Motors and Mahindra & Mahindra’s stronghold …
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Indian Railways departmental promotion exams: Examination teams nationwide will receive candidate information just two hours before the assessment commences. Indian Railways job promotion exams: The Railway Board‘s new directive mandates that departmental promotion assessments will be administered through centralised examinations. As per officials familiar with this change, assessments will be exclusively Computer Based Tests (CBT), requiring all zonal railways to …
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India currently imposes import duties of up to 110% on vehicles, which Tesla’s CEO Elon Musk has publicly criticised. (AI image) Elon Musk’s Tesla cars in India: Donald Trump-led US government is seeking India’s agreement to remove tariffs on automobile imports as part of a proposed bilateral trade agreement. However, India is hesitant to immediately reduce such duties to zero, …
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Department heads at the Bengaluru-based organisation sent emails to their team members, instructing them to restrict their work-from-home requests. Infosys work from office rules: Infosys, the second-largest software services firm in India, has issued a directive on Wednesday requiring its technology staff to comply with the work from office for 10 days monthly mandate, aiming to increase on-campus attendance.Infosys has …
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Market experts indicate that sustained recovery will depend on developments regarding US tariff policies and continued interest in domestic equities. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, surged in opening trade on Thursday. While BSE Sensex went above the 74,000 mark, Nifty50 was near 22,450. At 9:18 AM, BSE Sensex was trading at 74,068.32, …
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Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Indigo, Jindal Steel, and Medanta are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March 6, 2025:Index View: NiftyNifty gave a positive close after …
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