Business

Several small-cap stocks surged as much as 20% in Monday’s trade even as benchmark indices slipped into the red amid brisk selling in large-cap counters.According to an ET report, top gainers included Kimia Biosciences (20.00%), Rapicut Carbide (20.00%), AI Champdany (20.00%), Shemaroo Entertainment (19.99%), Adinath Textiles (19.99%), Concord Drugs (19.98%), TN Telecom (19.94%), Innovana Thinklabs…

GTRI cautions that permanent reduction of agricultural tariffs would be both irreversible and strategically unsound. (AI image) India-US trade deal talks: Under the proposed India-US trade agreement, India must maintain its agricultural policy stance, as lowering import duties on US farm products could pose risks to national food security, according to GTRI.The Global Trade Research…

US stocks extended their gains on Monday, adding to all-time highs as Wall Street moved closer to wrapping up a second straight monthly advance. Early gains were driven by easing trade tensions and a flurry of corporate activity, while investors awaited key economic data later this week.The S&P 500 rose 0.2% in early trading, after…

India and Oman have revised their Double Taxation Avoidance Agreement (DTAA), first signed in 1997, to align with evolving global tax standards and cross-border economic realities. The updated pact, which comes into effect from May 28, 2025, aims to provide relief to individuals and businesses earning income in both countries by eliminating the risk of…

The central government’s fiscal deficit fell sharply to 0.8 per cent of the full-year target at the end of May 2025, aided by a record Rs 2.69 lakh crore dividend received from the Reserve Bank of India, according to data released by the Controller General of Accounts (CGA).In April, the fiscal deficit stood at 11.9…

The new personal tax regime has been made the default regime from the financial year 2023-24. (AI image) ITR filing FY 2024-25: When e-filing your Income Tax Regime (ITR) for AY 2025-26, the choice of the income tax regime is an important one. The new income tax regime is the default tax regime, so if…

Short-haul destinations in Asia continue to attract Indian travellers despite a decline in long-distance travel since summer due to geopolitical issues. Countries such as Thailand, Malaysia, Vietnam, Indonesia, Bhutan, Sri Lanka, and Nepal maintain their appeal, according to travel firms.“While travellers have considered delaying or postponing plans, Southeast Asia has emerged as a go-to destination…

Infosys has sent personalised emails to staff members, requesting them to maintain standard working hours. Even as Infosys founder NR Naryana Murthy calls for Indians to work 70 hours a week, the IT services giant has flagged employees working extended hours, stressing on the need for work-life balance. Infosys has started a campaign to caution…

The new fares shall be effective for tickets purchased from July 1, 2025. Indian Railways has on Monday officially notified a minor increase in railway fares, effective July 1, 2025. TOI had earlier reported that fares for passenger trains are likely to be hiked marginally.According to the Ministry of Railways, the adjustment aims to improve…

The Indian economy continues to grow at a healthy pace, remaining a key driver of global growth due to sound macroeconomic fundamentals and prudent policies, according to the Reserve Bank of India’s latest Financial Stability Report (FSR) released on Monday.In its half-yearly assessment of the financial system, the RBI said, “Despite an uncertain and challenging…