Category: Business

LPG cylinder shortage triggers crisis in India’s MSME sector, with experts warning nearly 20 lakh jobs at risk due to gas supply disruptions. India is facing a growing LPG cylinder shortage, with industry experts warning of significant economic consequences as disruptions in gas supply begin to impact the country’s manufacturing sector. The crisis, linked to ongoing geopolitical tensions in West Asia, is affecting millions of workers employed in micro, small, and medium enterprises (MSMEs), particularly those dependent on industrial gas for production. According to industry estimates, nearly 20 lakh jobs…

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New tax rules April 1 bring ITR deadline changes, STT hike and key updates impacting taxpayers in India for FY 2026–27. With the beginning of the new financial year on April 1, several important changes are set to come into effect under the new tax rules April 1, impacting individuals, investors, and businesses across India. These updates include changes in Income Tax Return (ITR) filing deadlines, a revision in Securities Transaction Tax (STT), and other regulatory adjustments aimed at improving compliance and streamlining the taxation framework. The changes are part…

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Aman Gottumukkala AI developer joins Elon Musk’s xAI after building a million-dollar AI coding tool with a small team. In a significant development in the global artificial intelligence space, Aman Gottumukkala AI developer has emerged as a key name after joining xAI, the artificial intelligence venture founded by billionaire entrepreneur Elon Musk. The Indian-origin engineer gained attention for building a million-dollar AI coding assistant with a team of just three people, demonstrating how small, highly skilled teams can create impactful technology products in today’s fast-moving AI ecosystem. His decision to…

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Share market rise March 16 as Sensex and Nifty gain on strong banking stocks, global cues and improved investor sentiment. The Share market rise March 16 brought renewed optimism to investors as benchmark indices surged during the trading session. Both the BSE Sensex and the Nifty 50 moved higher following strong buying across several sectors. Market participants attributed the rally to a combination of positive global signals, strong performance in banking and technology stocks, and improved investor sentiment. The upward movement also reflected confidence among traders after recent volatility in…

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Indian equity benchmarks witnessed a sharp decline on Wednesday, with the BSE Sensex falling more than 1,000 points during intraday trade and the Nifty 50 slipping below the 24,000 mark, according to market data and financial news reports. The sell-off marked one of the steepest single-day declines in recent weeks, as investors reacted to a combination of global and domestic factors. Broader markets also traded in negative territory, reflecting cautious sentiment across sectors. Market Performance The Sensex opened on a subdued note before extending losses through the trading session. The…

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Indian IT stocks are seeing sharp movements as investors react to global AI disruption concerns. Search interest in TCS share price, Infosys stock, Wipro shares, and HCLTech updates has increased in recent days. Retail investors and mutual fund holders are closely tracking trends in the IT sector. Artificial Intelligence is reshaping global technology spending. While AI creates new business opportunities, it also raises questions about traditional IT services models. This mix of opportunity and uncertainty is driving volatility in India’s top IT companies. Here is a clear breakdown of what…

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