income tax
Finance

Income Tax Emails Flag High Value Transactions

By BPN News Desk
India’s Income Tax Department has started sending emails to several taxpayers highlighting significant financial transactions and possible shortfall in advance tax payments. The communication is part of the department’s ongoing data analytics exercise aimed at improving tax compliance and reminding individuals to review their tax liabilities before the end of the financial
idfc
Business Finance

ED Raids 19 Sites In ₹597 Crore IDFC Fraud

By BPN News Desk
The Enforcement Directorate (ED) has conducted search operations at 19 locations across Chandigarh, Mohali, Panchkula, Gurugram and Bengaluru in connection with an alleged ₹597-crore fraud linked to IDFC First Bank. Authorities also froze more than 90 bank accounts suspected to be connected to the diversion of funds as investigators attempt to trace the money trail […]
rupee
Business Finance

Rupee May End 2026 Near 93 Against Dollar

By BPN News Desk
The Indian rupee is projected to weaken toward the 93 per dollar level by the end of 2026 due to capital outflows and rising import costs, according to market assessments. Rupee Outlook 2026 Currency Forecast Analysts expect pressure on the currency as global investment flows shift and domestic demand for foreign exchange increases. Capital movement […]
kotak mahindra bank
Business Finance

Kotak Mahindra Denies Bid For IDBI Bank

By BPN News Desk
Kotak Mahindra Bank clarified that it has not submitted a bid for IDBI Bank, responding to market speculation about potential participation in the government’s ongoing disinvestment process. The statement was issued to address reports suggesting the private lender was evaluating an acquisition proposal. Kotak Mahindra Bank Denies IDBI Bank Bid The bank said it has […]
RBI
Business Finance

RBI Keeps Repo Rate Unchanged After Budget

By BPN News Desk
The Reserve Bank of India (RBI) kept the benchmark repo rate unchanged in its first monetary policy decision after the Union Budget, maintaining its cautious approach amid moderating inflation and steady economic growth signals. RBI Repo Rate Decision After Budget The Monetary Policy Committee decided to hold the repo rate steady, signalling continuity in its […]

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