5-member NCLT bench stays Subhash Chandra ‘6.5cr repayment order

NCLT stayed its earlier order allowing Subhash Chandra to settle his personal insolvency proceedings NEW DELHI: National Company Law Tribunal (NCLT) on Tuesday stayed its earlier order allowing Zee Group founder Subhash Chandra to settle his personal insolvency proceedings by paying Rs 6.25 crore as against admitted claims of Rs 22,006.57 crore and also restrained…

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Economists raise growth projections after Q1 show

Private economists raise FY27 GDP growth projections to 7-7.3% after strong Q1 data, marking fourth straight year above 7%. NEW DELHI: Within hours of govt estimating strong growth during April-June quarter, private sector economists started raising projections for the full year, reflecting the sustained strong growth momentum in the economy.According to estimates from various economists,…

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Stock Market Highlights: Sensex ends flat; Nifty slips 24.60 points to settle at 24,055

Indian shares are expected to open marginally higher on September 1 after data showed the economy grew a stronger-than-expected 7.8% year-on-year in the April-June quarter, helped by robust investment, manufacturing and consumer demand. GIFT Nifty futures pointed to a positive start for the Nifty 50, which closed at a one-month low of 24,080.4 on August…

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Shun foreign holidays, weddings abroad, buy gold only if needed: PM Modi’s ‘vocal for local’ pitch

PM Modi hailed India’s 7.8% GDP growth, says youth dreams need sustained effort NEW DELHI: Prime Minister Narendra Modi on Tuesday urged Indians to embrace the ‘vocal for local’ mantra, asking people to avoid foreign holidays, hosting weddings abroad and buying gold unless necessary, while hailing the country’s robust GDP growth. He linked the appeal…

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Gold price prediction today: Will gold trade with bearish bias? Check September 1, 2026 outlook

The yellow metal is likely to consolidate in near term with a possible test of support at $4370. Gold price prediction today: Gold prices are under pressure due to the US Federal Reserve chair’s hawkish outlook, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold Price Performance: The Fed Chair Warsh, in his…

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Start with Rs 25,000 basic salary, end with Rs 1 crore corpus: How EPF compounding math can make you a crorepati at 8.25% interest in less than 30 years with 6% annual increment

Over time, the interest earned on the accumulated balance earns interest, allowing compounding to steadily increase your retirement savings. Being a crorepati and accumulating a corpus of over Rs 1 crore is often a financial goal for money. But when you are thinking of SIPs, mutual funds, stock markets, ETFs, gold, silver, one quiet savings…

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Sold a property funded entirely by you but jointly owned with your wife? You may claim 100% Section 54 LTCG exemption on a new home in your name; what your wife should report in her ITR

Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning…

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