The Government of India has announced plans to raise as much as 314 billion rupees (approximately $3.3 billion) by selling up to a 6.5% stake in state-owned Life Insurance Corporation of India (LIC). The move is part of the government’s ongoing disinvestment programme and aims to comply with India’s minimum public shareholding regulations.
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California Diesel Prices Surge Amid Iran Conflict, Raising Costs Across US Supply Chain
California’s diesel prices have climbed sharply since the conflict involving Iran began, adding new pressure to transportation costs and increasing concerns that consumers across the United States could face higher prices for everyday goods.
SpaceX Earnings in Focus After Post-IPO Stock Slump Wipes Out More Than $500 Billion in Market Value
SpaceX is set to release its first quarterly earnings report as a publicly traded company this week, with investors closely watching whether the aerospace and technology firm can restore confidence after a steep decline in its share price following its market debut.
Commercial LPG Prices Cut by Up to ₹209: Check Latest Rates in Delhi, Mumbai, Kolkata and Other Cities
Commercial LPG cylinder prices have been reduced across several cities from August 1, providing relief to restaurants, hotels and commercial establishments. According to information cited by ANI and market data from Good Returns, the price of a 19-kg commercial LPG cylinder has been cut by ₹202 in Delhi and ₹209 in Kolkata, while there has been no change in domestic LPG cylinder prices.
ITR Filing After July 31: How to File a Belated Income Tax Return, Late Fees, Deadlines and Rules Explained
The July 31 deadline for filing Income Tax Returns (ITR) for many individual taxpayers has ended without any extension from the government. While over 5.9 crore income-tax returns were filed by the due date for Assessment Year 2026-27 (Financial Year 2025-26), taxpayers who missed the deadline can still file a belated Income Tax Return by December 31, 2026, subject to applicable late fees and interest. The July 31 deadline, however, does not apply to every taxpayer, as businesses and certain professionals have separate due dates.
State Bank of India’s Perpetual Bond Issue Signals Fresh Fundraising Opportunity for Banks
MUMBAI, July 31: Strong investor demand for State Bank of India (SBI) perpetual bonds is expected to encourage more Indian banks to tap the market through similar issuances in the coming months, according to merchant bankers and debt market experts.