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Smartworks Coworking Spaces IPO: GMP at 6%. Should you subscribe? Here’s all you need to know

ECONOMICS TIMES
11 hours ago
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BUSINESS

ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone may not suffice - why your claim can be rejected

HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be disallowed if rent is paid to close family me ...more

TIMES OF INDIA
45 minutes ago
BUSINESS

‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

Hardeep Puri, India's Petroleum Minister, asserts that India's continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to surge past $120 per barrel. Despite Western restrict ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Housing squeeze: 30-year US mortgage rate rises to 6.72%; 5-week easing streak ends as borrowing costs inch up

US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed rate rising to 6.72%. Despite recent fluctuations and a brief dip in April, economists ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Order classifying Anil Ambani’s loan account as ‘fraudulent’ withdrawn: Canara Bank tells Mumbai High Court

After the bank’s disclosure, a Bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Mr. Ambani challenging the bank’s order, saying nothing survives in it.

THE HINDU
1 hour ago
BUSINESS

RBI outlook to Parliament panel: Malhotra says economy strong; Rs 2,000 notes still legal but out of circulation

RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal t ...more

TIMES OF INDIA
1 hour ago
BUSINESS

Investing in FDs? Banks now offer interest rates up to 8.10% on 444 day scheme; check list

With recent FD rate reductions, opportunities remain in special 444-day deposit schemes. Several banks, including ESAF Small Finance Bank, offer competitive rates, reaching up to 8.10% for senior citizens. These schemes provide a chance ...more

TIMES OF INDIA
1 hour ago
BUSINESS

India top contributor in US immigrant billionaire list: 12 Indian-origin tycoons in list; Jay Chaudhry beats Sundar Pichai, Satya Nadella in US rich club

India has emerged as the leading source of billionaire immigrants in the US, surpassing Israel, according to Forbes' 2025 list. Twelve India-born individuals, including tech leaders like Sundar Pichai and Satya Nadella, are featured. Cy ...more

TIMES OF INDIA
2 hours ago
BUSINESS

HDB IPO triggers grey market reset: NSE, NSDL, Tata Capital shares dip in unlisted trade; retail FOMO persists despite valuation concerns

Investor confidence in India's unlisted securities market has been shaken following HDB Financial Services' IPO being priced below expectations. This has led to a decline in the unlisted values of other prominent pre-IPO stocks like NSE ...more

TIMES OF INDIA
2 hours ago
STOCK

TCS Q1 FY26 results: Key takeaways for investors

The way things are trending, the three-year period ending FY26 will be the weakest three-year period for TCS on record

THE HINDU BUSINESS LINE
2 hours ago
BUSINESS

TCS Q1 net profit rises 6% to ₹12,760 crore; board declares interim dividend of ₹11 per share

Revenue at ₹63,437 crore grew 1.3% year on year for the quarter; operating margin at 24.5% has seen an expansion of 30 bps quarter on quarter; net margin during the quarter was 20.1%; wage hike not announced for the employees

THE HINDU
2 hours ago
BUSINESS

Clean Fanatics raises $2 million in seed round led by Inflection Point Ventures

Clean Fanatics, a premium home services marketplace, has secured $2 million in seed funding led by Inflection Point Ventures. The investment will fuel team growth, tech upgrades, and expansion into civil construction and home renovation ...more

TIMES OF INDIA
2 hours ago
BUSINESS

UPI: India tops global digital payment speed charts; IMF highlights fall in cash and card use

India leads in faster payments due to the rapid growth of the Unified Payments Interface (UPI), which has become the world's largest retail fast payment system. The IMF Fintech Note highlights UPI's open and interoperable nature as key ...more

TIMES OF INDIA
2 hours ago

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