NRI home buyer gets a relief from paying income tax on imposed income of Rs 40.45 lakh, due to delayed reg
Income tax appellate tribunal (ITAT): In an order dated January 8, 2024 ITAT has granted relief to a non-resident Indian (NRI) upon whom the income tax assessing officer (AO) imposed an income of Rs 40.45 lakh. The NRI individual purchased a flat in West Mumbai for Rs 1.82 crore in 2010 when the stamp duty of such flat was Rs 1.4 crore. The stamp duty value was Rs 2.2245 crore when the flat was registered in 2013. Key Points
Economic TimesKolkata landlord breaks open flat for cleaning, discovers skeleton with bangles in a sealed drum
A shocking discovery was made during the cleaning of a flat in Kolkata when a skeleton was found inside a sealed drum. The flat, rented by a Nepalese couple in 2018, was left vacant for two years before the landlord decided to clean it. The identity of the skeleton is yet to be confirmed, but it was found with a bangle and remnants of a nightdress. Key Points
Economic Times‘Don’t see a way out’: Homeowners in Noida project where Mayawati’s brother and his wife got 261 flats
Now 43, Shweta recalls being allotted unit G-1601 in 2010, when she was expecting her first child. Originally from Bihar's Begusarai, she had moved to NCR after marrying Manish Gupta a year earlier. Key Points
The Indian ExpressAlaya Apartment Collapse: Month after tragedy, struggle continues for shelterless survivors
The flat was a wedding gift to the couple from their parents. When it collapsed, its interior designing was still in progress. Key Points
Hindustan TimesLucknow man shoots live-in partner in 'heart and mind' for hiding divorce, child from previous marriage
Taking responsibility for the crime, Rishabh admitted, 'I cannot comprehend the thoughts that drove me to commit this act. I was aware that the authorities would locate me. Hence, I remained on the premises, even leaving my mobile phone on Key Points
Firstpost
PureLife Organics flat Belly Tea Reviews - Does It Work? Ingredients, Benefits & Where to Buy? Must Read
PureLife Organics flat Belly Tea is a delicious & potent weight loss supplement packed with all-natural ingredients that help burn fat and lose weight effectively by maintaining a healthy metabolism. Read this review before you buy. Key Points
ThePrintflat sizes shrink in Mumbai region by 20% in Q1 FY2024, says report
Average flat sizes in Mumbai Metro Region have declined by 20% in Q1 2023, while flat sizes increased in Delhi-NCR and other metropolitan cities due to the Work from Home culture. Anarock report shows that despite the surge in property prices, the demand for bigger homes continues. Key Points
mintBuilders launching bigger flats; average apartment size rises 5% annually in January-March 2023: Anarock
Among seven cities, Delhi-NCR saw average flat size rising 50 per cent to 1,700 square feet in the first quarter of 2023 from 1,130 square feet in January-March last year. Developers in Delhi-NCR are closely tracking demand and launching bigger homes in this region, Anarock noted. Key Points
Economic TimesMovies at ₹99: Watch Yudhra, Stree 2, GOAT and other new releases with flat discounts; here’s how
The action thriller Yudhra, starring Siddhant Chaturvedi and Raghav Juyal, was released on September 20, coinciding with National Cinema Day, offering tickets at ₹99. Several new releases and popular films like Stree 2 continue to attract audiences. Key Points
mint70-year-old woman brutally murdered in Bengaluru, body chopped into pieces, stuffed in drum
A 70-year-old woman's body was found chopped into pieces and stuffed in a drum in Bengaluru. Three men have been picked up for questioning. The woman was a BJP worker and her severed limbs were found near her flat. Key Points
Times Of IndiaGold remains flat at Rs 63,920 per 10 grams
New Delhi, Jan 1 (PTI) Gold prices remained flat at Rs 63,920 per 10 grams in the national capital on Monday, according to HDFC Securities. Silver was also flat at Rs 78,500 per kilogram. “Spot gold prices (24 carats) in the Delhi markets are trading flat at Rs 63,920/10 gram, unchanged from the previous close. […] Key Points
ThePrintRupee falls 4 paise against USD amid strengthening US bond yields
Mumbai, Oct 23 (PTI) The rupee dropped 4 paise to 83.16 against the US dollar on Monday due to sharp losses in local stocks and US bond yields surging to 5 per cent. Easing crude oil prices and a flat greenback in the overseas markets helped cap the rupee’s fall, forex dealers said. At the […] Key Points
ThePrintSensex Today | Share Market Live Updates: Sensex, Nifty expect muted start; Gift Nity trading flat
Sensex Today | Share Market Updates: Indian stock indices expected a cautious start as Gift Nifty is trading flat. Wall Street finished flat on Thursday on milder-than-feared inflation data. Asian markets remain mixed in the morning session on Friday Key Points
MintApple supplier Foxconn’s Q1 profit slumps 56% y/y, lags forecasts
Overall, revenues for the second quarter would fall, while full-year revenues would be flat, the Taiwanese company said. Foxconn earlier this year forecast revenue to be flat for 2023. Key Points
FinancialexpressAlia buys Bandra flat worth nearly ₹38 cr, gifts sister Shaheen 2 flats: Report
Alia Bhatt reportedly bought a Bandra flat at nearly ₹38 crore through her film company Eternal Sunshine. She also allegedly gifted two flats to her sister. | Bollywood Key Points
Hindustan Times
ICICI-Videocon loan fraud case: Quid pro quo in Kochhars' South Mumbai flat deal, says CBI
In 2009, while VN Dhoot (of Videocon) transferred the ownership of the flat in CCI Chambers for ₹11 lakh, in the same year, another flat in the same society was sold for ₹10.6 crore. In subsequent years in 2010 and in 2019, flats in the same society have been sold for ₹16 crore and ₹18.50 crore, respectively, the person said, quoting the chargesheet. Key Points
Economic TimesSensex, Nifty recover to end flat after volatile trading day
The S&P BSE Sensex dropped by 45.46 points, closing at 73,466.39, and the NSE Nifty50 closed flat at 22,302.50 points. Key Points
India TodayShyam Metalics plans Rs 450 cr investment to set up aluminium project in Odisha
New Delhi, Mar 21 (PTI) Shyam Metalics on Wednesday announced plans invest Rs 450 crore to set up a greenfield aluminium project in Odisha. The company plans to produce aluminium flat rolled products from the proposed project, which will have an annual capacity of 60,000 metric tonnes, Shyam Metalics said in a statement. “Shyam Metalics […] Key Points
ThePrintStocks To Watch: Adani Enterprises, Kalyan Jewellers, Hindustan Unilever, Dr Reddy’s, MOFSL, ABB India
Buzzing stocks: The SGX Nifty hinted at a flat open for domestic equities on Monday. Here's a look at the key stocks to watch in trade today. Key Points
FinancialexpressStock Market Today: Sensex, Nifty end flat on profit booking; US debt ceiling uncertainty weighs on sentiment
Sensex closed at 61,981.79, up 18 points, or 0.03 per cent. Nifty settled with a gain of 34 points, or 0.18 per cent, at 18,348. Key Points
mint
Stock Radar: Bounce back on cards? Havells India trading near lower end of triangle pattern
The stock rose over 1% in a week but remained flat in the last 1 month, data suggests. It rose by over 5% in the last 3 months. Short-term traders can look to buy the stock now for a possible target towards Rs 1,400 levels in 2-3 months Key Points
Economic TimesRupee falls 2 paise to 83.25 against US dollar in early trade
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was flat at 104.35. Key Points
mintRude Food by Vir Sanghvi: Decoding India’s chop, cutlet and patty
Chop, cutlet and patty mean different things in the West and across India. Blame history, geography, even politics. Just don’t let it get in the way of a good meal Key Points
Hindustan TimesSmartphone sales to remain subdued this year: Experts
India’s smartphone market is expected to remain subdued in the current year. According to the industry, challenging economic conditions, increasing lifecycle of smartphones and stable 5G handset prices are the major reasons that would impact the sales. Key Points
The Tribune India11 booked for rioting after row over Jain temple construction
Upon checking the CCTV footage, the accused were found to be behind the damage. Madhvani called up the Police Control Room and sought police protection. Key Points
The Indian ExpressGold remains flat at Rs 64,200 per 10/grams; silver declines Rs 200
New Delhi, Mar 4 (PTI) Gold prices remained flat at Rs 64,200 per 10 grams in the national capital on Monday in line with firm global trends, according to HDFC Securities. However, silver prices plunged Rs 200 to Rs 73,800 per kg, while it had ended at Rs 74,000 per kg in the previous trade. […] Key Points
ThePrintRupee flat, far forward premiums extend decline to 2-1/2-month low
By Jaspreet Kalra MUMBAI (Reuters) - The Indian rupee was largely flat on Wednesday as sustained dollar inflows helped ease the pressure from weakness in most Asian currencies. The rupee was at 82.90 Key Points
ThePrintDollar droops as key US data looms; yen firms on CPI beat
By Kevin Buckland TOKYO (Reuters) - The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Key Points
ThePrintOnePlus Nord CE 3 Lite 5G available at flat discount of Rs 2000 on Amazon
Amazon is offering a flat discount of Rs 2000 on OnePlus Nord CE 3 Lite 5G, bringing its price down to Rs 17,999. Additional discounts available on exchange and certain bank cards. Key Points
India TodayBritannia Q3 Results Preview: PAT may fall YoY on muted revenue, profitability; demand outlook eyed
Britannia Q3 Results Preview: The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the December quarter due to flat growth in volumes, according to the average of estimates given by 10 brokerage firms. Key Points
Economic Times
Sensex, Nifty end lower in volatile session; HUL falls nearly 4%
The S&P BSE Sensex closed 259.58 points lower at 71,423.65, while the NSE Nifty50 fell 50.60 points lower at 21,571.80. The broader market indices also ended the trading session on a flat note. Key Points
India TodayHUL Q3 Results: PAT rises just 0.6% YoY to Rs 2,519 crore, trails estimate
Hindustan Unilever (HUL) reported a disappointing quarterly performance, with net profit rising 0.6% YoY to Rs 2,519 crore, missing estimates. Revenue from operations fell 0.3% YoY. Underlying sales growth and volume growth were flat. EBITDA rose 0.1% YoY to Rs 3,540 crore. Operating margins expanded 8 basis points to 23.31%. Homecare segment sales declined, beauty and personal care segment had flat sales growth, and the foods and refreshments segment saw a 1% growth in sales. Key Points
Economic TimesRupee settles flat at 83.18 against US dollar
India Business News: Read the latest update on the rupee settling flat at 83 against the US dollar. Find out the reasons behind this and its impact on the market. Key Points
Times Of IndiaChintels residents demand full settlement before demolition
Residents of the Chintels Paradiso condominium in Gurugram, India, have decided to submit a set of demands to the district administration and department of town and country planning. They are seeking financial settlement, payment of rent, safety measures, and submission of pending audit reports before the demolition of unsafe towers can take place. The residents are also requesting compensation for flat owners and the option to reconstruct flats instead of receiving compensation. They want the safety of occupied towers to be ensured and for safety measures to be agreed upon in writing. Key Points
Hindustan TimesGold remains flat at Rs 61,210/10 gm; silver climbs Rs 300
New Delhi, Nov 16 (PTI) Gold price remained flat at Rs 61,210 per 10 grams in the national capital on Thursday, according to HDFC Securities. However, silver climbed Rs 300 to Rs 75,300 per kilogram. In the previous trade, it had settled at Rs 75,000 per kg. In the global markets, gold was slightly down […] Key Points
ThePrintGold languishes as strong US data stokes Fed rate hike woes
(Reuters) - Gold prices were flat on Wednesday, a day after breaching the key $1,900 support level on strong U.S. consumer spending data fuelling speculation that the Federal Reserve was not done with Key Points
ThePrintLIC Q1 results: Net profit surges fourteen-fold to Rs 9,544 cr
LIC's solvency ratio improved marginally to 1.89 compared with 1.88 last year and its net premium income was mostly flat at Rs 98,363 crore Key Points
Business TodayRupee fails to shake off 82.80/USD; US inflation, RBI policy awaited
The Indian rupee was trading flat on Wednesday amid limited risk appetite and mixed Asian cues and ahead of U.S. inflation data and the Reserve Bank of India's (RBI) policy decision. Key Points
Reuters