Beyond Financial News

Income Tax Return (ITR) Due Date Extension AY 2023-24 Latest News (July 17): If you are waiting for the extension of the due date to file ITR for Assessment Year 2023-24 beyond July 31, you should stop doing so and file now. The Government is not contemplating any extension of the due date of filing ITR for AY 2023-24.

MUMBAI — After the stellar run by midcap and smallcap stocks in the recent months, a few sections in this segment do look a bit stretched, but one cannot say that the market is overheating, believes investment advisory firm Weekend Investing. “The large cap stocks and the more institutional invested portions of the markets are not heated at all.

dollar took respite on Monday after suffering its worst weekly drop of the year, as traders waited on economic data and policy decisions before selling it down any further. Chinese growth data and loan-rate settings are due later in the session, ahead of U.S. retail sales and British inflation later in the week and a slew of central bank meetings next week.

Investing.com-- Oil prices fell in Asian trade on Monday, retreating further from recent highs as markets hunkered down ahead of key economic data from China, the world’s largest oil importer, which is expected to show a slowing economic recovery. 

IAG allegedly agreed to insure billions of dollars in debts at Sanjeev Gupta’s steel companies despite increasing public concerns about his conglomerate’s rapid growth.

MUMBAI : Billionaire banker Uday Kotak, the founder of India’s fourth largest private sector lender, will transition to a non-executive board member after he steps down from the whole-time role at Kotak Mahindra Bank. In his final letter to shareholders as managing director on Saturday, Kotak said that the alignment and commitment of the shareholders, board and management will help the bank navigate the changing times. “I see my role as a non-executive board governance member and a strategic shareholder with a long-term perspective of nurturing a world-class institution," Kotak said in his letter.

₹199 per month, allows users one credit per month that can be used to access one book of their choice. “We’re still in early days of building (the audio listening) category in India but expanding rapidly as we diversify our offerings beyond book adaptations to appeal to non-readers as well and find ways to localize in the regional languages," said Shailesh Sawlani, country manager, India, Audible, in an interview.

BJP President Sukanta Majumdar said on Sunday. The party is evaluating Panchayat election results in Kolkata today where national observers Amit Malviya, Sanjay Bansal and Asha Lakra were present. «The Trinamool government may fall in 5-6 months.

₹4.85. Further, the drop in prices of aviation turbine fuel bodes well for margin.

Jane Birkin, known for inspiring the famous Birkin bag by French luxury house Hermes, has passed away at the age of 76, as per reports. Just last month, the Birkin bags hit record prices even though the world was halted after the Covid-19 pandemic. Jane Birkin, an English singer, actress, and model, was born in London in 1946 and sadly passed away in Paris.

₹4.85. Further, the drop in prices of aviation turbine fuel bodes well for margin.

Trinamool Congress in West Bengal, the BJP on Sunday said the collapse of the Mamata Banerjee government was just a matter of time. Speaking at a party programme in his Bongaon Lok Sabha constituency in North 24 Parganas district, BJP MP Shantanu Thakur said the TMC government will not last beyond five months. «I have a hunch that this government will not last beyond five months,» he said.

Trinamool Congress in West Bengal, the BJP on Sunday said the collapse of the Mamata Banerjee government was just a matter of time. Speaking at a party programme in his Bongaon Lok Sabha constituency in North 24 Parganas district, BJP MP Shantanu Thakur said the TMC government will not last beyond five months. «The Mamata Banerjee government has outlived its utility.

More than 80 per cent of the broadcast viewers for the ABC’s marquee news program, the 7pm bulletin, are over 55 years old – with a staggering two-thirds of viewers older than 65, internal data circulated to managers shows.

Jaishankar on Sunday said that peace and prosperity in the Mekong region play a pivotal role in realising India's vision for security and growth for all countries in the region under its Act East policy. In his opening remarks at the 12th Mekong Ganga Cooperation (MGC) Mechanism meeting here, Jaishankar said the lower Mekong region holds immense significance for India both in a historic sense and a contemporary one. «We represent the ancient river civilizations of this continent,» he said. The Mekong-Ganga Cooperation (MGC) is an initiative by six countries — India and five ASEAN countries — Cambodia, Lao PDR, Myanmar, Thailand, and Vietnam — for cooperation in tourism, culture, education, as well as transport and communications. «Peace and prosperity in the region also play a pivotal role in realising Prime Minister (Narendra) Modi's vision of security and growth for all in the region under India's Act East policy,» he said. «The Mekong Ganga Cooperation holds a special place in this region as the oldest sub-regional cooperation rooted in the rich historical, geographical and cultural ties among our six member countries,» Jaishankar said.

Rahul Gandhi has changed after he completed his 4000-km-long walk and describe him as a wise man. “My thoughts about Rahul Gandhi changed after seeing his ‘tapasya’ when he walked 3000-4000 km. I used to think he was not serious about the common man and did not understand their pain," Ramnik Muni said.

By Kunal Kothari

Small-cap funds have been on a roll of late, with the category receiving nearly Rs 18,000 crore of inflows, or 25% of the fresh inflows into actively managed equity mutual funds, in the first half of calendar 2023. 

UAE), Prime Minister Narendra Modi on Sunday shared a video bearing highlights from his trip to the Gulf nation and said both the countries will continue to work closely for global good. Sharing a video on Twitter on Sunday that featured him attending important events in the UAE, PM Modi, wrote, «India and UAE will keep working closely to further global good.» On July 15, Prime Minister Modi reached Delhi Airport after successfully completing his France and UAE visit.

Janet Yellen said on Sunday she was «eager» to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered. In remarks prepared for a press conference before a meeting of Group of 20 finance ministers and central bankers in India, Yellen said her visit to Beijing last week helped put the U.S.-China relationship on «surer footing» and that the world's two biggest economies had an obligation to the world «to cooperate on areas of mutual concern».

By David Lawder and Aftab Ahmed