Business

Business

Retail inflation jumps to 4.38% in June, driven by food, jewellery prices; breaches RBI’s 4% target

India’s retail inflation increased to 4.38 percent in June from May’s 3.93 percent. Higher food prices significantly pushed up the overall Consumer Price Index for the month. Ginger and tomatoes saw substantial year-on-year price increases, contributing to the overall rise. However, some items like potatoes and peas became cheaper compared to last year. Rural areas

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Business

ITR filing: 10 penalties taxpayers should not ignore – from late filing fee to under-reporting defaults

ITR filing: What are the various sections under which income tax penalties are applicable? When does a default happen and what are the penalty amounts that have to be paid by taxpayers? Here is a list of 10 top 10 penalties that can be imposed:

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Business

Supreme Court: Bank merger without landlord’s consent can attract eviction under Delhi Rent Control Act

The Supreme Court has ruled that a bank cannot resist eviction under the Delhi Rent Control Act merely because it came into possession of leased premises through a statutory amalgamation.

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Business

Spain’s Submer to invest $2 billion in Madhya Pradesh semiconductor sector, may create 5,000 jobs

Spain’s Submer Group will invest two billion dollars in Madhya Pradesh’s semiconductor sector. This significant investment is expected to generate approximately five thousand direct employment opportunities. The company plans to establish a manufacturing facility for advanced liquid cooling solutions. Submer aims to position India as a central hub for manufacturing and serving the Asian region.

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Business

Global funds fall in love with Indian stocks again; buy $1 billion in equities as foreign investors rush back

Foreign investors, who resumed buying Indian debt in June, have extended that renewed interest to equities in July. After several months of continuous selling, foreign portfolio investors (FPIs) have become net buyers this month, investing $2.59 billion (Rs 24,662 crore) during the first 10 days of July.

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Business

Stocks to buy: What’s the outlook for Nifty for July 13-July 17 week? Check list of top stock recommendations

Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends Indian Hotels Company, and Equitas Small Finance Bank as top stocks to buy for the July 13-July 17, 2026 week. Technical outlooks for Nifty, and Bank Nifty have also been shared:

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Business

Gold price prediction today: Any end to gold fall in sight? Check outlook for July 13, 2026 week

Gold price prediction today: Gold prices are trading with a bearish bias as geopolitical events weigh on investor sentiment, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

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