Insurance agent deposited Rs 35 lakh in cash collected as policy premiums; tax officer called it unexplained money saying his name was missing from some policies, why ITAT Jaipur gave full relief

The tax officer noticed discrepancies while examining the insurance documents that the man submitted to support his explanation.  (Image for representative purpose only) An insurance agent based in Rajasthan came under the Income Tax Department’s scrutiny for alleged unexplained cash deposits in his bank account. The agent claimed these were payments for premiums of policyholders.The…

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From classroom to billion-dollar fortune: How Chinese siblings struck gold in the stock market

How Chinese siblings struck gold in the stock market A stock market debut has delivered a billion-dollar glow-up for a former elementary school teacher and his sister in China, turning them into billionaires after shares of their adhesive products company skyrocketed nearly eightfold on their first day of trading.Michael Mai, 62, who once taught at…

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Tata Sons chair Chandrasekaran meets Italy PM Meloni after Iveco takeover

Tata Sons Chairman Chandrasekaran meets Italian PM Meloni after Iveco acquisition NEW DELHI: Tata Sons chairman N Chandrasekaran met Italian Prime Minister Giorgia Meloni at Palazzo Chigi in Rome, with the Indian conglomerate’s acquisition of Italian commercial vehicle maker Iveco Group featuring prominently in their discussions.The meeting comes as India and Italy look to deepen…

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Gold, silver price prediction: Will gold hit Rs 1.5 lakh in Dhanteras week? Check outlook on November 5, 2026

A buy-on-dips strategy appears favourable heading into the festive week, with strict stop-loss placed below the previous week’s low of 138,000. Gold and silver price prediction today: Gold and silver prices have recovered from recent lows but may face some upside resistance, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. Here…

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Diwali bonanza on Dalal Street: Investors add over Rs 6.9 lakh crore; top reasons behind Sensex, Nifty rally

Fireworks on Dalal Street Stock market today: Dalal Street brought an early Diwali bonanza for investors on Thursday, with Sensex soaring over 1,600 points and Nifty50 gaining 2% in early trade. The rally added over Rs 6.9 lakh crore to investors’ wealth, as easing crude oil prices, renewed foreign investor buying and improving global sentiment…

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Immigration debate tone may change

BENGALURU: A Democratic majority in Congress may shift the tone of the US immigration debate, but it is unlikely to bring immediate policy relief for Indian technology professionals or employers.Experts believe a Democratic victory could help temper anti-immigrant sentiment and the political rhetoric targeting Indian technology professionals, creating a more favourable environment for skilled immigration…

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Stock Market Today Live Updates: BSE Sensex soars 1,400 points, NSE Nifty50 gains 1% in opening trade

Stock market extended its winning streak for the fifth consecutive session on Wednesday, with the Sensex climbing nearly 384 points to close above the 77,000 mark. Buying in blue-chip financial, FMCG and automobile stocks, continued foreign fund inflows and easing crude oil prices supported the rally. The BSE Sensex gained 384 points to settle at…

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