Business

Woman paid Rs 79 lakh for a Rs 2.14 crore villa, but construction remained unfinished; Telangana RERA orders full refund with 10.7% interest and fines builder Rs 1.03 crore Updated: 2026-09-18 06:22:48 | Source: timesofindia.indiatimes.com The matter was decided ex-parte after neither the agent nor the builder appeared. (Image for representative purpose only) A Hyderabad…

Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season Updated: 2026-09-17 06:09:22 | Source: timesofindia.indiatimes.com Jewellers will now have to pay Rs 75 for hallmarking each gold article, with a minimum charge of Rs 200…

‘To strengthen UPI’s long-term sustainability’: RBI backs 0.4% MDR on transactions above Rs 2,000 Updated: 2026-09-16 04:55:13 | Source: timesofindia.indiatimes.com The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW DELHI: The Reserve Bank of India has backed the introduction of a Merchant Discount Rate (MDR) on large-value UPI…

Real estate businessman lost Rs 34.21 lakh in F&O trading; taxman called it speculative, but ITAT Delhi allowed Rs 25.09 lakh as business loss: Here’s why Updated: 2026-09-15 05:53:15 | Source: timesofindia.indiatimes.com The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his…

Businessman paid Rs 6.42 lakh for foreign business travel using wife’s card and then reimbursed her; taxman disallowed it, ITAT Mumbai says nothing in law bars it Updated: 2026-09-14 05:48:04 | Source: timesofindia.indiatimes.com The individual said he reimbursed his wife after returning to India. (Image for representative purpose only) You incur business expenses on your…

India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge Updated: 2026-09-13 04:40:41 | Source: timesofindia.indiatimes.com India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge India’s gem and jewellery exports rose 3.14% year-on-year to $2.30 billion (Rs 21,945.87 crore) in August, as a sharp increase in shipments of…

Nvidia weighs $10 billion investment in Anthropic’s mega IPO: Report Updated: 2026-09-12 04:49:36 | Source: timesofindia.indiatimes.com Anthropic plans massive IPO Anthropic is planning what could be the biggest IPO in history, with the artificial intelligence giant looking to raise as much as $100 billion at a valuation of around $2 trillion. Nvidia is in talks…

Rupee tumbles 27 paise against US dollar as crude prices hold firm above $108 per barrel Updated: 2026-09-11 04:39:01 | Source: timesofindia.indiatimes.com Rupee falls 27 paise against US dollar Rupee began Friday on a weak note, falling 27 paise to extend its decline against the US dollar. In early trading, the currency touched 95.79 as…

‘Largest Europe investment’: Google to invest nearly $15 billion in AI Infrastructure in Finland Updated: 2026-09-10 04:07:42 | Source: timesofindia.indiatimes.com “Google’s decision is a clear testament to our strengths,” Finland’s Prime Minister Petteri Orpo said in a statement (Photo: Reuters). Google announced to invest 13 billion euros (nearly $15.1 billion) in Finland in the next…

Rupee slips to 94.95 as crude nears $100 amid intensifying US-Iran tensions Updated: 2026-09-09 04:31:24 | Source: timesofindia.indiatimes.com Rupee began Wednesday on a weak note, tumbling 21 paise to 94.95 against the US dollar. Rupee began Wednesday on a weak note, tumbling 21 paise to 94.95 against the US dollar as surging crude oil prices…