The Central Board of Direct Taxes (CBDT) has announced the formation of an internal committee tasked with a thorough review of the Income Tax Act. This initiative aims to modernise tax regulations and enhance the user experience of the e-filing portal.

CBDT establishes committee to overhaul income tax act and enhance e-filing experience

Seen as a remarkable display of growth, two of India's leading real estate firms, Godrej Properties and Macrotech Developers, have reported combined sales exceeding Rs 22,000 crore during the first half of the fiscal year 2024-25.

Godrej and Macrotech developers report record property sales

Foreign Portfolio Investors (FPIs) have offloaded Rs 27,142 crore from Indian equities during the first three trading days of October 2024. This significant withdrawal has been attributed to escalating geopolitical tensions, rising crude oil prices, and a robust rebound in the Chinese markets.

FPI outflows hit Indian equities amid geopolitical tensions, Chinese market surge

The US economy is witnessing a surprising shift as bond traders prepare for a "no landing" scenario a situation where economic growth continues, inflation reignites, and the Federal Reserve has little room to cut interest rates.

Bond traders brace for ‘No Landing’ scenario after jobs surge

As global markets experience an unprecedented rally, accumulating an astounding $8 trillion in value over recent months, analysts are closely monitoring the potential challenges that lie ahead.

Global markets surge as $8 trillion rally faces key tests

The People's Bank of China has reported a significant increase in the use of the yuan for cross-border trade, with payments and receipts rising by 21.1 per cent year on year in the first eight months of 2024.

Chinese yuan use rises 21.1% in cross-border trade as Beijing seeks global currency status

The State Bank of India (SBI) has unveiled ambitious plans to expand its workforce by an additional 10,000 employees during the current fiscal year. This strategic move is aimed at enhancing service delivery and operational efficiency across its extensive network of branches and digital platforms.

SBI to boost workforce by 10,000 this fiscal year to enhance service delivery

Former world number one Caroline Wozniacki showed her class in upstaging eighth seed Madison Keys 6-3, 6-4 to enter the quarter-finals of the US Open on Sunday. The Dane will now face unseeded Latvian Anastasija Sevastova in the last eight.

Indian industry optimism grows as CII business confidence index reaches 68.2

Global accounting firm Deloitte has set an ambitious target to quadruple its revenue from its India operations to five billion dollars (approximately Rs 40,000 crore) by 2030.

Deloitte targets five billion revenue from India by 2030

Chinese stocks have experienced a remarkable resurgence, soaring for the ninth consecutive day, marking their most significant rally since 2015. The CSI 300 Index surged by as much as 6.

Chinese stocks soar most since 2015 as market heads for bull run

Foreign investors have made a remarkable return to the Indian equity markets, injecting Rs 57,359 crore in September alone. This influx marks the highest level of foreign portfolio investment (FPI) in nine months and has propelled total FPI investments in Indian equities to over Rs 1 lakh crore for the year 2024, according to data from depositories as detailed in a Press Trust of India report.

Foreign investments surge into Indian equities with record Rs 57,359 crore inflow in September

China's central bank has issued a directive for financial institutions to begin reducing interest rates on existing mortgages, marking a pivotal step in the country’s efforts to support its struggling economy.

China tells banks to start cutting rates on existing mortgages

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Zee News Rajasthan

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Hanshika Ujlayan

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