Navi Mumbai Municipal Corp to hike wages of 7,000 staff
Navi Mumbai Municipal Corporation proposes Rs 7,000-8,000 monthly wage hike for 7,000 contractual employees, backed by leaders and unions, to be voted on May 20.
Category : Banking
ITAT Chennai Upholds Registered Sale Deed Validity in Tax Case
ITAT Chennai ruled that a registered sale deed carries a strong presumption of validity, setting aside an AO's order that rejected a taxpayer's claim for long-term capital gains exemption under Section 54.
Petrol prices surge over Rs 100 in Assam after elections
Petrol prices in Assam breached Rs 100 per litre after a Rs 3 hike post-elections. Diesel also rose by over Rs 3. The increase follows PM Modi's fuel conservation appeal and mirrors 2021 trends.
PMK Chief Anbumani Demands Rollback of Fuel Price Hike
PMK president Anbumani Ramadoss urged oil companies to withdraw the recent hike in petrol, diesel, and CNG prices, citing the burden on the public and the cascading effect on the economy.
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Emirates NBD Gets Nod for Up to 74% Stake in RBL Bank
The finance ministry approved Emirates NBD Bank's proposal to acquire up to 74% stake in RBL Bank, a day before PM Modi's UAE visit. RBI and CCI had earlier cleared the deal.
Wall Street Slumps as AI Stocks Tumble, Oil Surges
Wall Street retreated sharply as AI-linked tech stocks fell and oil prices surged, fueling inflation fears. The S&P 500 dropped 1.1%, Dow fell 408 points, and Nasdaq declined 1.6%.
India's Unemployment Rate Rises to 8.3% in August 2023
India's unemployment rate increased to 8.3% in August 2023, up from 7.2% in July, according to CMIE data. Urban unemployment saw a sharp rise to 10.1%.
Silver Plunges Rs 21,600, Gold Falls Rs 3,200 in Global Selloff
Silver prices crashed by Rs 21,600 per kg and gold dropped Rs 3,200 per 10 grams in Indian markets, tracking a global selloff triggered by strong US economic data and a stronger dollar.
Delta's First Renal Denervation for Uncontrolled BP
Kauvery Heart City performs delta region's first renal denervation, an advanced procedure for uncontrolled high blood pressure, offering new hope for patients.
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LBSIM Achieves 95% Placement Rate in Ongoing 2026 Season
Lal Bahadur Shastri Institute of Management (LBSIM) reports nearly 95% placement for its 2024-26 batch, with top recruiters and average salary of ₹16.5 LPA.
IT Dept Enables Online Filing of ITR-1, ITR-4 for 2026-27
The Income Tax Department has enabled online filing of ITR-1 and ITR-4 for Assessment Year 2026-27. Deadline for ITR-1 is July 31, for ITR-4 is August 31.
Online Refund Denied? Know Your Legal Rights and Steps to Get Money Back
Struggling with refund delays from Amazon, Flipkart, or Myntra? Indian law protects you. Learn step-by-step actions under the Consumer Protection Act 2019.
Meerut-Prayagraj Ganga Expressway Toll-Free Ride Ends, New Fee
The toll-free period on the Ganga Expressway from Meerut to Prayagraj has ended. Drivers now have to pay a fee of Rs 1,500 for the entire stretch. Check details.
Indian Stock Markets Close Lower on Weak Rupee, Inflation Fears
Indian stock markets closed lower on Friday as weak rupee and inflation fears after fuel price hike weighed on sentiment. Sensex dropped 160 points to 75,237.
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Karnataka Excise Policy: Premium Drinks Cheaper, Local Costlier
Karnataka's new excise policy from May 11 shifts from bulk litre to alcohol percentage system, reducing prices of premium whiskey and beer while increasing costs of local liquor.
Crude Oil Futures Jump Over 3% on Supply Disruption Fears
Crude oil futures surged over 3% as the IEA warned of severe undersupply through October, even if geopolitical tensions ease, stoking supply disruption fears.
Rupee Hits Record Low of 96.14/USD, Settles at 95.86
Indian rupee hits all-time low of 96.14 against US dollar, settles at 95.86. Over 6% losses this year, crude oil surge amid Iran war fears weighs.
Hong Leong Bank Wins Best Managed Bank in Malaysia
Hong Leong Bank has been awarded Best Managed Bank in Malaysia by The Asian Banker, with CEO Kevin Lam named Best Bank CEO in Malaysia.
Nifty, Sensex End Week Under Pressure as Rupee Hits Record Low
Indian equity markets ended the week under pressure with Nifty and Sensex declining, as the rupee hit a record low of 96 against the US dollar amid global economic concerns.
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Maharashtra Cuts VAT on Aviation Fuel to 7% for 6 Months
Maharashtra reduces VAT on ATF from 18% to 7% for six months from May 15, aiming to lower airline costs and stabilize airfares amid global crises and summer demand.
Rupee Hits Record Low of 96.07 Against US Dollar
The Indian rupee fell to an all-time low of 96.07 against the US dollar on Friday, extending losses for three consecutive sessions due to surging crude oil prices and escalating West Asia tensions.
Why Tata Sons Faces Pressure to List: Explained
Tata Sons faces regulatory pressure to list due to RBI rules for large non-bank lenders with public funds. The conglomerate must comply or face restrictions.
RBI's ECL RWA Pivot to Boost Bank Capital and Credit Growth
RBI's expected move to Expected Credit Loss-based risk weights could free up capital for banks, boosting credit growth. Large lenders are best placed, says Ambit Institutional Equities.
ITR Filing 2026: ITR-1 and ITR-4 Forms Released
The Income Tax Department has released ITR-1 and ITR-4 forms for AY 2026-27. Taxpayers can now file returns using Excel utilities or the e-filing portal. Here's what it means.
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ITR Filing for AY 2026-27 Starts: ITR-1 & ITR-4 Utilities Out
The Income Tax Department has released Excel utilities for ITR-1 and ITR-4 for AY 2026-27. Know who can file these forms and the key changes.
IOCL Director: Petrol, Diesel Price Hike a 'Small Rise'
IOCL Director Arvind Kumar calls the recent petrol and diesel price hike of Rs 3 per litre a 'small rise', says refineries are running at over 100% capacity to ensure uninterrupted supply.
Gold Falls Nearly 2% on MCX, Silver Drops Almost Rs 19,000 Per Kg
Gold prices on MCX dropped nearly 2% while silver fell almost Rs 19,000 per kg. Global cues, strong dollar, and rising bond yields behind the sharp decline in precious metals.
Rupee Falls 30 Paise to 95.94 Against US Dollar
The Indian rupee depreciated 30 paise to 95.94 against the US dollar in early trade on Thursday, tracking weak domestic equities and strengthening crude oil prices.
Indian Markets Open Flat to Lower Amid Fuel Price Hike
Indian benchmark indices opened flat to lower on Monday, tracking mixed global cues and a hike in domestic fuel prices. The BSE Sensex fell 0.2% to 57,500, while the NSE Nifty slipped 0.1% to 17,150.
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Sensex, Nifty Open Higher; Adani Ports Among Top Gainers
Indian stock markets opened in green on May 15, 2026, with Sensex and Nifty rising. Adani Ports led gains amid mixed global cues and falling crude oil prices.
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