Economic Times11.05.2026BusinessIndia
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يتطور·16 dk önce
Rupee Weakens Against US Dollar Amid Rising Oil Prices and Geopolitical Tensions
The Indian Rupee opened weaker against the US dollar on Wednesday, trading at 95.15 and falling to 95.16. This decline is attributed to rising crude oil prices and a strengthening US dollar following fresh military actions involving the US and Iran. A weak opening in domestic stock markets also contributed to the currency's dip.
Times of India
يتطور·32 dk önce
Verify Annual Information Statement Data for Capital Gains, Taxpayers Advised
Taxpayers are urged to verify Annual Information Statement (AIS) data against primary sources like broker P&L statements before filing income tax returns for AY 2026-27. Relying solely on AIS may lead to incorrect income reporting. Independent capital gains computation is crucial for accuracy and compliance.
Economic Times
يتطور·46 dk önce
US Companies Urge Reconsideration of Proposed Tariffs on Imports from India and 60 Other Countries
Major US companies like Intel, IBM, and Ford are urging the USTR to reconsider proposed tariffs of up to 12.5% on imports from 60 countries, including India. They argue it will increase costs for consumers and businesses, counteracting domestic manufacturing goals. India also requested reconsideration, citing insufficient evidence of unfair advantage.
Economic Times
يتطور·1 sa önce
India's Cement Sector Faces Subdued Growth and Price Pressure in H1FY27
India's cement industry anticipates sluggish volume growth in the first half of fiscal year 2027 due to weak demand and rising input costs. Price increases in April 2026 are unlikely to fully offset profitability declines, with new supply additions expected to keep prices subdued.
Economic Times
يتطور·1 sa önce
Zostel seeks Sebi review of Oyo's IPO disclosures
Hospitality startup Zostel has asked India's Sebi to review disclosures by Oyo parent PRISM in its IPO draft prospectus, citing inadequate information on a legal dispute.
Economic Times
يتطور·1 sa önce
Google Invests in Proxima Fusion's €411 Million Round for European Fusion Power Plant
Google has invested in Germany-based Proxima Fusion as part of a €411 million funding round to build Europe's first commercial nuclear fusion power plant. While acknowledging fusion's potential, Google cautioned about the challenges of commercialization.
Times of India