Indian Railway Finance Corporation (IRFC) Ltd. has sanctioned and disbursed a ₹1,000 crore term loan to Maharashtra State Power Generation Company Ltd. (MAHAGENCO), marking its first funding transaction of the new financial year. In an exchange filing on Monday, April 6, the Navratna PSU said the disbursement reflects its continued push to expand beyond railways…
With the final advance tax instalment for the financial year due on March 15, taxpayers, including salaried individuals with additional income and freelancers, may need to assess their tax liability and make payments to avoid interest charges. According to Kinjal Bhutta, Treasurer at the Bombay Chartered Accountants Society (BCAS), advance tax is not limited to…
Air India CEO Campbell Wilson has resigned amid mounting losses and a slower-than-expected turnaround of the airline the Tata Group took back in its fold over four years ago. Wilson, whose resignation was accepted by the airline board last week, will stay till a successor is found and is serving his notice period. And that…
SRINAGAR: Hope blooms in Srinagar’s Tulip Garden. Some cancer-struck kids just came back with rich pickings.The children were brought to the garden along Dal Lake on Monday from Sher-i-Kashmir Institute of Medical Sciences (SKIMS) as part of the hospital’s immunotherapy efforts — strengthening the immune system with hope, optimism and positivity. The children numbered around…
A 21‑year‑old Indian‑origin engineering student has died after being pulled unconscious from Lake Taupō, New Zealand, while on an Easter holiday trip with friends, according to a family friend.Emergency services were called to Whakamoenga Point in Acacia Bay at around 3.20pm on Sunday, April 5, after the young man was retrieved from the water. Police…
Gracie Hunt, daughter of Kansas City Chiefs owner and CEO Clark Hunt, has announced her engagement to Derek Green. The couple shared the news on Instagram on April 4, with a joint post featuring photos from the proposal. Gracie, 27, captioned the post: “It was always you ” and included the Bible verse from Romans…
What would a future look like with no darkness because people learned how to produce limitless amounts of power instead of saving electricity? It seems like this scenario was considered by the engineers from Japan in a project called the “Lunar Solar Ring.” The idea offered by Shimizu Corporation is a solar ring made of…
Divya Dutta recently opened up about her early days in the industry, revealing that she once had crushes on both Salman Khan and Farhan Akhtar—only to end up playing their sister on screen. Divya also shared an anecdote about her first meeting with Shah Rukh Khan, calling it nothing short of cinematic. She recalled tripping…
Indian equities kicked off the week on a strong note, with the Nifty rebounding sharply to reclaim the 22,900 mark. After opening 67 points higher, the index witnessed early selling pressure, slipping over 250 points from the morning high within the first two hours. However, post 11:15 am, the Nifty staged a sharp recovery, surging…
As the financial year approaches its close on March 31, taxpayers with overseas financial interests may need to pay close attention to disclosure requirements while preparing for the upcoming income tax return (ITR) filing cycle. Under Indian tax rules, individuals classified as resident and ordinarily resident (ROR) are required to report foreign assets in Schedule…
