New Delhi: The much-anticipated IPO of Globtier Infotech has closed, with allotment results expected soon. The offering, which spanned from August 25 to August 28, attracted moderate interest, with bidding reported at 1.34 times the total offer. Investors can now check their allotment status through the registrar and the BSE SME platform. Understanding Globtier Infotech’s […]

New Delhi: The deadline for filing income tax returns for FY 2024-25 is fast approaching, with a final date set for September 15. While seasoned taxpayers may be awaiting their refunds, first-time filers might still be navigating the registration process on the income tax e-filing portal. This article offers a comprehensive step-by-step guide for new […]

Mumbai: Investor sentiment took a hit as both major stock indices in India faced a downturn for the third consecutive session on August 29. This decline was largely influenced by rising US tariffs, which raised concerns over their potential impact on various sectors of the Indian economy. Consequently, the Nifty 50 saw a drop of […]

New Delhi: A recent proposal by a Group of Ministers (GoM) aims to exempt health insurance premiums from Goods and Services Tax (GST), currently set at 18%. This shift is anticipated to make health insurance more affordable for middle-income families and seniors, reshaping the landscape of India’s health insurance market. The move responds to the […]

New Delhi: In August, the U.S. dollar witnessed a notable retreat after an impressive performance in July, amidst predictions of a slowing economy and potential interest rate cuts by the Federal Reserve. The currency has faced challenges, including skepticism regarding central bank independence, leading to forecasts of an extended decline in its value. Dollar Performance […]