Business

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media report quoted by PTI.A high-level conference held Tuesday focused on incorporating digital currencies within the formal financial framework. Pakistan Crypto Council (PCC) CEO Bilal Bin…

Nayara’s lawyer told a New Delhi court today that the services have been restored by Microsoft. EU sanctions on Russia: Global IT giant Microsoft has restored IT services to Russia-backed Indian oil refinery Nayara Energy, according to a Reuters report. Nayara had sued Microsoft for abrupt suspension of services following European Union’s fresh sanctions on…

The Income Tax Department has enabled online filing for ITR-3 on its e-filing portal for Assessment Year 2025–26 (Financial Year 2024–25), easing return submissions for individuals with income from share trading (including F&O), business ventures, and investments in unlisted shares. The department announced on July 30, 2025: “Kind Attention Taxpayers! Income Tax Return Form of…

The Initial Public Offering (IPO) of National Securities Depository Ltd (NSDL), India’s pioneering and largest depository, opened for subscription on Wednesday, marking a significant event in the Indian financial market. The IPO, which is entirely an offer for sale (OFS) by existing shareholders, aims to raise Rs 4,012 crore, with no fresh capital being raised….

Indian electronic contract manufacturers are expanding globally through acquisitions and strategic partnerships to gain access to clients in the US, Europe, and other international markets. They are capitalising on supply chain disruptions triggered by tariff-related shifts, particularly those involving China. These companies are leveraging the current trade environment to acquire technologies and capabilities that would…

Gold in spot markets might see a trading range of $3,345 – 3,275 per oz (CMP $3,322/oz) for 1 – 2 weeks perspective. (AI image) Gold price prediction today: Gold rates are likely to see a limited upside in the coming days as greater clarity on US President Donald Trump’s trade policies emerges. Maneesh Sharma,…

Market experts anticipate selective purchasing activities influenced by quarterly earnings reports. (AI image) Market experts anticipate selective purchasing activities influenced by quarterly financial reports, whilst overall market sentiment remains dependent on economic indicators and developments in India-US trade negotiations.VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “The technical bounce back in Nifty by 140…

JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and order wins remained strong. They said they were not unduly concerned about BEL’s revenue growth. The PSU major’s order wins were well ahead of the…

NEW DELHI: IMF on Tuesday raised the global growth projection marginally, with the Indian economy too likely to expand more than what was estimated earlier. In its latest update, IMF said India is projected to grow 6.4% in 2025 and 2026, “reflecting a more benign external environment than assumed in the April reference forecast”. The…

L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company’s revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950…