The Latest Breaking News from The Economic Times

How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?

How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the answer you need to read CBDT Instruction No. 1916.

The Economic Times · 18h ago

Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT Jaipur

Senior citizen sent income tax notice for Rs 65.27 lakh unexplained cash deposit, which was later proved to be pension and FD money; ITAT Jaipur order explained.

The Economic Times · 18h ago

Bitcoin trades near $83,000 as macro headwinds and US political uncertainty weigh on sentiment

Bitcoin consolidated near $83,000 as rising US bond yields, dollar strength, and ETF outflows weighed on sentiment. Analysts highlight Wednesday's US CPI inflation data as the next key catalyst, with strong support holding near $81,000 and major resistance positioned at $84,000.

The Economic Times · 18h ago

Europe’s auto giants learn from China as Volkswagen, Stellantis rethink EV strategy

Volkswagen and Stellantis are adapting their electric vehicle strategies by collaborating with Chinese automakers. Stellantis aims to improve its market position through partnerships with Leapmotor and Dongfeng. Volkswagen continues to focus on its strategies in China while exploring potential collaborations in Europe. Industry analysts note that the competition from Chinese…

The Economic Times · 19h ago

A falling stock is not always cheap: Kotak explains the role of earnings and valuations

Kotak Institutional Equities argues that stock prices are driven by earnings expectations and PE multiples rather than market flows or liquidity. Rebutting myths about FPI outflows and IPOs draining secondary market cash, the brokerage highlights business fundamentals and mental DCF valuations as the true price drivers.

The Economic Times · 19h ago

FM Sitharaman's LTCG tax remarks lift Sensex by 1,100 points. Can markets hope for a review?

Indian equities rallied on Tuesday, with the Sensex surging over 1,100 points after Finance Minister Nirmala Sitharaman said discussions around long-term capital gains tax (LTCG) and securities transaction tax (STT) were ongoing. IT stocks also supported gains, led by HCL Tech and TCS. However, mixed broader-market trends, elevated crude prices…

The Economic Times · 19h ago

Indigo signs $328 million finance deal with Citi for 8 Airbus aircraft buys

Indigo has entered into a USD 328 million financing agreement with Citi for purchasing eight Airbus planes. This marks the first aviation financing deal insured by the Belgian export credit agency Credendo. The transaction will support the growth of Indigo's fleet and network through long-term funding. Citi acted as the…

The Economic Times · 19h ago

Shree Cement commissions 3 MTPA cement grinding facility in UAE

Shree Cement Ltd has successfully commissioned a 3 million tonnes per annum cement grinding facility in Ras Al Khaimah. This investment of AED 115 million increases the company's cement capacity in the UAE from 4 MTPA to 7 MTPA. The newly added facility features a Vertical Roller Mill and advanced…

The Economic Times · 19h ago

Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian markets

Indian AI- and energy-linked stocks decline as a global technology sell-off deepens, with South Korea’s KOSPI plunging amid intensifying competition in the AI sector. Investors reassess AI valuations following sharp losses in Asian semiconductor stocks.

The Economic Times · 20h ago

Inflation is up again; should you invest in FDs now or wait for interest rates to rise further? Check what a 1% hike means for your Rs 2 lakh FD

FD rate hike: In September 2026, retail inflation soared to 5.54%, sparking opinions about the possibility of interest rate hikes on fixed deposits. Analysts predict that the Reserve Bank of India may persist in raising the repo rate to combat persistent inflation. Investors must decide whether to invest now or…

The Economic Times · 20h ago