IRDAI has expanded insurers’ investment options by permitting investments in private limited companies, infrastructure SPV debt and repo, reverse repo and government securities lending transactions. The changes aim to improve investment flexibility and liquidity while setting exposure caps, eligibility criteria…
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More than 5.5 crore income tax returns have been filed for Assessment Year 2026-27. Over 42 lakh returns were filed on July 30 alone as the deadline approached. The Income Tax Department urged taxpayers to file their returns promptly. Taxpayers…
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Rising oil prices driven by recent geopolitical tensions could prompt the US Federal Reserve to resume interest rate hikes later this year if they fuel inflation, according to a report by ICICI Bank.
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The Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple states. Field formations will gain clarity on filing appeals before the GST Appellate Tribunal. Jurisdictional commissioners will independently decide on…
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Swiggy and Eternal shares have rallied sharply in July as investors reassess the competitive landscape following Zepto’s IPO valuation reset. Swiggy has gained nearly 24%, marking its best monthly performance since listing, while Eternal is up 17%, its strongest monthly…
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India and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Cooperation in health education and research was also expanded between institutions. Forty-five electric vehicles were handed over to support green…
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