Your daily snapshot of the biggest business stories, market moves, leadership insights and trends shaping India.

Your daily snapshot of the biggest business stories, market moves, leadership insights and trends shaping India.


‘Just negotiating’: Trump says the US has two options on how to deal with Iran

Donald Trump’s comments came as Pakistan said the US and Iran were close to “some sort” of deal, while Qatar said talks on managing the Strait of Hormuz were at an advanced stage.

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Top stocks in news: L&T, Ardee, Tenneco, BEML, Manappuram, KFin Tech, Bata, Zydus Life

Stocks like L&T, Ardee Industries, Tenneco Clean Air, BEML, Manappuram Finance, KFin Tech, Bata, Zydus Life, Balrampur Chini will be in the spotlight on Wednesday, August 12.

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Can UPI, NEFT, RTGS or IMPS transactions trigger an income tax notice? What taxpayers should know

Digital transactions, such as UPI, NEFT, RTGS or IMPS , do not automatically trigger an Income Tax notice, but unexplained high-value transactions can attract scrutiny. Tax experts say mismatches between financial transactions and income reported in the ITR are more likely to raise questions from the tax department.

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