profit after tax

TNN

Capital gains tax rules on Property changed from July 23, 2024. Long-term gains now face a 12.5% tax without indexation, a shift from the previous 20% with indexation. However, those who bought property before this date can choose the old or new system. Exemptions under Sections 54, 54F, and 54EC remain available.

Plans New Products & Eyes New Applications

India Business Fuels Turnaround, FY26 Revenue Crosses Rs 11K cr

Recent fuel price hikes have ignited debate over oil marketing companies' (OMCs) profits amid the Middle East crisis. Despite a reported Rs 77,821 crore profit for FY26, a closer look reveals thin margins, past losses, and a lag in reflecting current crude price impacts. These profits are crucial for investments and national energy security.

A former software professional in Hyderabad was duped of over Rs 2.9 crore by fraudsters posing as a cryptocurrency investor on Facebook. Lured by promises of high profits on a fake platform, he invested heavily between July and September 2025. Despite paying additional charges, the victim was denied access to his funds, prompting a police investigation.

India’s net FDI has now shrunk to a trickle as rising repatriation and disinvestment offset strong inflows. What changed?

Experts believe that the RBI’s record surplus transfer will offer only partial support to the government’s strained fiscal position amid the continuing crisis in West Asia.

Bank of Baroda reported a record net profit of Rs 5,616 crore for Q4FY26, a 11.2% increase driven by higher net interest income and lower tax provisions. Full-year profit crossed Rs 20,000 crore. The bank raised its advances and deposit growth targets for FY27 after exceeding FY26 goals.

Smokeless tobacco, a cheap and accessible addiction, traps millions of Indians in poverty. Despite graphic warnings, products like gutka remain under-regulated, costing mere rupees. This article highlights the urgent need for stricter policies on affordability, availability, and appeal to combat this pervasive public health crisis.

India's gold demand has plummeted by nearly 70% following a government increase in import duty from 6% to 15%. This, coupled with rising fuel and food prices, has significantly dampened consumer sentiment and spending on discretionary items like gold.

US stocks advanced on Friday, nearing all-time highs as easing bond market pressure boosted investor sentiment. Strong retail and tech earnings, with companies like Ross Stores and Zoom exceeding expectations, fueled the gains. Global markets also saw positive movement, with Japan's Nikkei reaching a record.