Gold prices end firm this week amid tariff concerns

IANS | August 9, 2025 5:46 PM

Mumbai, Aug 9 (IANS) Indian bullion prices ended marginally higher this week amid global market cues and higher festive demand. By mid-week, gold prices saw a significant dip, with the price of 24-carat gold dropping by Rs 91, but the price inched up higher toward the weekend.

SEBI proposes easier norms for resident Indian participation in FPIs

IANS | August 9, 2025 4:48 PM

Mumbai, Aug 9 (IANS) The Securities Exchange Board of India has proposed easier norms for resident Indians and mutual funds to invest in foreign funds. The regulator proposed to enable retail schemes based in IFSCs in India with resident Indian non-individuals as sponsors or managers to register as FPIs.

Income Tax Dept releases ITR-5 Excel utility for filing annual returns

IANS | August 9, 2025 3:31 PM

New Delhi, Aug 9 (IANS) The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and cooperative societies to file their annual returns.

GeM enables procurement of nearly Rs 15 lakh crore across 3 crore orders: Minister

IANS | August 9, 2025 2:51 PM

New Delhi, Aug 9 (IANS) Delivering on PM Narendra Modi's vision of 'Minimum Government, Maximum Governance', the Government e-Marketplace (GeM) evolved into a cornerstone of transparency, inclusivity and efficiency, said Union Commerce Minister Piyush Goyal on Saturday, hailing the successful 9 years of the digital governance initiative.