Clipped from: https://www.business-standard.com/world-news/us-jobless-claims-fall-to-decades-low-as-layoffs-stay-largely-subdued-126043001624_1.html Continuing claims, a proxy for the number of people receiving benefits, dropped to 1.79 million in the previous week, the lowest in two
Author: Anil R Tikotekar
Why Powell chose a high-stakes path to stay at Fed after chair term ends | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/why-powell-chose-a-high-stakes-path-to-stay-at-fed-after-chair-term-ends-126043001637_1.html The question now is whether Powell’s continued presence at the Fed will further inflame tensions between the administra- tion and the central bank
Govt bars Mythos testing in banks, move to counter any potential threat – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/govt-bars-mythos-testing-in-banks/4222416/ Stance may be reviewed after US sandbox results on frontier AI model India Bars Banks from Anthropic’s ‘Mythos’ AI: Pre-emptive Ban on Unreleased
Filing ITR this year? This common ITR mistake could quietly trigger a tax notice in FY26 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/filing-itr-this-year-this-common-itr-mistake-could-quietly-trigger-a-tax-notice-in-fy26-528257-2026-04-30 Filing your income tax return may seem straightforward, but even small oversights can trigger unexpected scrutiny. With tighter data checks in place, accuracy
LLP vs Private Limited Company: Which structure is better for your business in 2026? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/llp-vs-private-limited-company-which-structure-is-better-for-your-business-in-2026-528289-2026-04-30 Choosing between an LLP and a Private Limited Company can shape your business’s future growth, taxation, and funding options. Understanding the key differences
*****Between early December 2025 and the end of March 2026, the rupee moved from 84.68 to 94.65 against the dollar — a fall of nearly 11.8 per cent in under four months. –This article answers all the questions — Worth reading second time — Courtesy BL
Between early December 2025 and the end of March 2026, the rupee moved from 84.68 to 94.65 against the dollar — a fall of nearly
*****Why the rupee has fallen steeply – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-the-rupee-has-fallen-steeply/article70921489.ece Despite the economy doing well, there was sustained foreign capital outflow which put pressure on the rupee and affected the sentiment around it
*****West Asia crisis creates a need to reprioritise policies and fiscal spending: CEA Nageswaran – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/west-asia-crisis-creates-a-need-to-reprioritise-policies-and-fiscal-spending-cea-nageswaran/article70921556.ece India enters this challenging phase from a position of relative strength, Nageswaran says Chief Economic Advisor V Anantha Nageswaran (right) in an interaction
Challenge of Mythos – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-challenge-of-mythos/article70920902.ece Cyber security, regulation might have changed forever Unlike earlier AI systems that assisted with coding or security analysis, Claude Mythos reportedly possesses the
*Rs 1 crore gold seized from taxpayer in income tax search with no purchase bills — can it be taxed? ITAT ruling explains – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/rs-1-crore-gold-seized-from-taxpayer-during-search-with-no-purchase-bills-can-it-be-taxed-itat-ruling-explains-4222161/ Gold found in an Income Tax search isn’t always taxable. A recent ITAT ruling shows how CBDT’s jewellery limits can help taxpayers avoid
Representing Counsel Fails to File Income Tax Appeal on Time: ITAT Condoned Delay Subject to ₹20k Costs [Read Order]
lipped from: https://www.taxscan.in/top-stories/representing-counsel-fails-to-file-income-tax-appeal-on-time-itat-condoned-delay-subject-to-20k-costs-1445494 The ITAT Chandigarh condoned delay in filing appeal where the delay arose due to the assessee’s counsel, but imposed a cost of ₹20,000
US Fed holds rates steady between 3.5%-3.75% – 7 key takeaways from Powell’s final meet as chair – Global Markets News | The Financial Express
Clipped from: https://www.financialexpress.com/market/global-markets/us-fed-holds-rates-steady-between-3-5-375-7-key-takeaways-from-powells-final-meet-as-chair/4222641/?ref=hometop_hp The US Federal Reserve held interest rates steady at 3.50%–3.75% while Jerome Powell highlighted inflation concerns, rising oil prices, and global uncertainty, signalling
Food card reporting in ITR: What salaried employees need to know for FY27 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/food-card-reporting-in-itr-what-salaried-employees-need-to-know-for-fy27-528062-2026-04-29 The revised Income-Tax Rules, 2026 have made meal cards a powerful tax-saving tool by increasing the exemption limit to ₹200 per meal. However,
Labour Codes face friction from state law overlaps, says experts
Clipped from: https://www.business-standard.com/industry/news/labour-codes-state-law-overlap-compliance-uncertainty-india-126042901081_1.html Overlaps between Labour Codes and state laws on working hours, leave and overtime may create compliance uncertainty, especially for firms operating across multiple