Social media giant Meta Platforms Inc. has named fintech entrepreneur Kunal Shah as the new global head of WhatsApp, pulling off an unusual executive crossover as part of a $900 million investment in his financial services startup Cred. Kunal Shah’s appointment puts an Indian founder at the helm of WhatsApp, which has 3.3 billion monthly…
Taxpayers should carefully evaluate their eligible deductions before deciding which tax regime to opt for. (AI image) ITR filing AY 2026-2027: Do you plan to file income tax returns under the old tax regime? The first thing to know is that your ITR must be filed within the July 31, 2026 deadline, otherwise you will…
India’s US LPG imports to surpass 1 million tonnes after Hormuz disruption (Image/PTI) India’s imports of liquefied petroleum gas (LPG) from the United States are set to surpass 1 million metric tonnes in June for the first time.The move comes as New Delhi turned to more expensive suppliers after disruptions to LPG supplies from the…
Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
The rupee fell 6 paise to 94.69 against the US dollar in early trade on Tuesday as the greenback strengthened further to hover around its 13-month high. Mumbai: Rupee logo at Reserve Bank of India (RBI) headquarters (PTI/File) FII outflows and a weaker start to the morning trade at the domestic equity markets put further…
NEW DELHI: As US Trade Representative Jaimeson Greer touches down in the Capital for negotiations, commerce and industry minister Piyush Goyal Monday said that India will seek a comparative advantage in the trade deal.“We are trying to work out with the US how we can get a comparative advantage so that our exporters, MSMEs, processed…
US suspends Iranian oil sanctions after nuclear deal push The United States on Monday temporarily suspended sanctions on Iranian oil after Vice President JD Vance said that Tehran had agreed to allow United Nations nuclear inspectors back into the country. This marks a significant step in ongoing negotiations between Washington and Iran.The move came days…
NEW DELHI: The index of infrastructure industries grew 0.5 per cent in May, the slowest pace of expansion since last Oct, as only three of the eight sectors registered higher output. While cement expanded at 8.4 per cent, steel saw production rise by 5 per cent and power generation was 8.7 per cent higher, according…
The land of WhatsApp uncles and ubiquitous ‘Good morning’ messages has given the blockbuster messaging platform its next global head, with Meta Platforms elevating Cred founder Kunal Shah to a senior role at the Facebook parent.Meta is also investing $900 million (about Rs 8,550 crore) in Cred through a mix of primary and secondary share…
NEW DELHI: As part of its crackdown on bogus claims, the income tax department has advised employers to analyse mismatches in their salary related filings, while also looking to move against several cases of “swapping” of concessions after suspected irregularities were flagged and taxpayers updated or revised their returns.Officials said they have come across several…
