IT Dept Enables Online ITR-2 Filing for AY27
The Income Tax Department has launched online ITR-2 filing for AY27, allowing taxpayers to file returns for income from capital gains and multiple sources.
Category : Banking
Gujarat ATS Seizes 115kg Cocaine in Major Maritime Bust
In a major anti-narcotics operation, Gujarat ATS and Indian Coast Guard seized 115kg of cocaine worth Rs 1,150 crore from a cargo vessel near Mundra port, arresting three foreign nationals.
Supreme Court rulings threaten online fantasy gaming industry
The Supreme Court upheld 28% GST on fantasy gaming and ruled states can criminalize money-based games, potentially wiping out the sector with over Rs 1 lakh crore in tax demands.
Delhi Court Dismisses Insurance Appeal in Cancer Claim Case
A Delhi court dismissed an insurance company's challenge to criminal conspiracy charges in a case where a cancer patient died after treatment was interrupted due to claim rejection.
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Soyabean yield estimates flawed, collector urges fair payout
A study found DSSAT-based soyabean yield estimates for insurance in Dharashiv don't reflect ground reality. Collector urges Maharashtra govt to ensure fair compensation under PMFBY based on actual mandal-wise productivity.
Rs 31 crore fraud attempt in Dhanbad
Dhanbad police registered an FIR after an attempt to fraudulently withdraw over Rs 31 crore from a businessman's closed bank account using stolen cheques and forged signatures was foiled by bank officials.
Rajasthan fuel dealers threaten strike from June 1
Fuel pump dealers in Rajasthan have threatened to go on strike from June 1, citing supply disruptions, financial stress, and harassment by government departments despite repeated representations.
Stock Markets Closed on May 28 for Bakri Id: 2026 Holidays
Stock exchanges NSE and BSE will remain closed on Thursday, May 28, for Bakri Id. Trading across equity, derivatives, and SLB segments will be suspended. This is one of 16 scheduled holidays in 2026, with seven more closures after this break.
Vigilance catches Odisha ACSO red-handed accepting Rs 15,000 bribe
Odisha Vigilance caught Champua block ACSO Dhumaram Murmu accepting Rs 15,000 bribe from a LAMPS for pending paddy procurement dues. Case registered under PC Act, 2018.
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Coal India OFS Oversubscribed 8.14 Times on Day 1
The government's offer for sale in Coal India saw strong demand, oversubscribed 8.14 times on day one. The green shoe option will be exercised to raise additional funds.
ITAT: TDS Credit Must Follow Income Assessment
The Mumbai ITAT ruled that if income from Form 26AS is taxed, the taxpayer must get TDS credit even without filing a return, preventing double taxation.
PSB Performance Review Meeting Called by Finance Ministry
The finance ministry has called a meeting of PSB heads on May 29 to review credit flow to agriculture and MSMEs, financial performance, and banking operations amid the Middle East crisis.
HDFC Bank Denies Wrongdoing in Rs 45 Crore Payment to MSRDC
HDFC Bank refutes allegations of wrongdoing in a Rs 45 crore payment to MSRDC, causing a slight dip in its share price. The bank clarifies the payment was part of a legitimate transaction.
Institutional Investors Bid Rs 19,000 Crore for Coal India
Institutional investors placed bids worth Rs 19,000 crore for Coal India shares on the first day of the government's offer for sale, subscribing over eight times the reserved portion.
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Rupee Flat at 95.68 Against US Dollar
The Indian rupee closed almost unchanged at 95.68 against the US dollar on Tuesday, edging up 2 paise from the previous close amid mixed cues from global markets.
ITR-2 Filing for AY 2026-27 Now Open on e-Filing Portal
Income Tax Department has enabled online filing of ITR-2 for AY 2026-27 on the e-Filing portal. The form is for individuals and HUFs without business income but with capital gains.
Healthcare Stock Hits 52-Week High Amid Market Volatility
A healthcare stock surged to a 52-week high despite market volatility. The company's strong fundamentals and positive industry outlook drove investor interest.
HDFC Bank shares fall 2% on payment allegations
HDFC Bank shares dropped 2% after a report alleged improper payments of Rs 45 crore to a state agency for deposits. The bank denied wrongdoing, citing strong internal controls.
Court Denies Bail to Builder in NRI Cheating Case
A Gurgaon court denied bail to builder Devender Pandey for allegedly cheating an NRI of Rs 87.5 lakh in a commercial property deal, citing deliberate deception and criminal conspiracy.
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Samsung Union OKs Wage Deal, Avoids Strike; Chip Bonus Set
Samsung's union has approved a wage agreement to prevent a strike, which includes a 10.5% profit bonus pool for chip division workers, ensuring stability.
Rs 200 Crore IDFC Scam: Who is Nalini Malik, Chandigarh Smart City CFO
Nalini Malik, CFO of Chandigarh Smart City, is in CBI custody for a Rs 200 crore IDFC scam. She is accused of misappropriating funds meant for smart city projects.
JP Power Stock Surges 18% Amid Heavy Volumes
JP Power share price surged 18% on May 27, 2026, amid heavy trading volumes. The stock hit an intraday high of ₹18.50, driven by strong investor interest and positive market sentiment.
PM Modi Urges Indians to Avoid Gold for Year Amid Economic Uncertainty
PM Modi urged Indians to avoid buying gold for a year to protect the rupee. Gold prices hit ₹1,55,180/10gm as import duty rose to 15%. Experts suggest lighter jewellery, alternatives like silver and ETFs.
Coal India Share Falls Over 6% as OFS Opens; Check Price
Coal India share price fell over 6% on Wednesday as the government's two-day offer for sale opened with a floor price of Rs 450 per share. The OFS aims to raise around Rs 7,000 crore.
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Banks Closed in Multiple States for Eid-ul-Adha Today
Banks in several Indian states are shut today for Eid-ul-Adha. Customers should check local schedules as holidays vary. Digital banking remains available.
Stock Market Holiday May 2026: NSE, BSE Closed for Bakri Eid
Indian stock markets NSE and BSE remain closed on May 27, 2026, for Bakri Eid (Eid-ul-Adha). Trading resumes on May 28. Check full holiday calendar.
Irdai Links Executive Pay to Customer Outcomes
Irdai directs insurers to link executive performance and pay to customer outcomes, transparency, and governance, moving beyond financial metrics.
Cash logistics firms seek fee hike as costs surge
Cash logistics companies have approached banks seeking measures to offset rising costs due to fuel inflation, wage hikes, and compliance expenses, warning of a 15-20% cost increase.
Forex Trader Robbed of Rs 25.9 Lakh in Pune Pepper Spray Attack
A forex trader was robbed of Rs 25.9 lakh after being sprayed with pepper by four men in Dhankawadi, Pune. Police are investigating CCTV footage.
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Consumer Commission Orders Dell to Refund Laptop Cost
Ahmedabad consumer commission orders Dell India and retailer Infinity Retail to refund Rs 62,730 for a defective laptop, plus Rs 25,000 compensation for mental harassment.
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