Rs 85.3 lakh cash gifts from relatives deposited in bank trigger unexplained deposit income tax notice; taxpayer contests and wins case in ITAT ChennaiMr Amirtharaj from Thygarayanagar, got Rs 85.03 lakh cash gifts from his sister’s husband, uncle and other relatives, he deposited this cas...
05 Oct, 2026, 03.52 PM IST
Bajaj Finserv to rope in ex-GIC re chief for reinsurance ventureBajaj Finserv is preparing to enter the reinsurance sector with the appointment of N Ramaswamy Narayanan. The former chairman of GIC Re bri...
05 Oct, 2026, 01.18 AM IST
ET Alpha Wealth Summit 2.0: Date, venue, speakers, agenda and registrationThe ET Alpha Wealth Summit 2.0 set to be held on October 8 at ITC Maratha in Mumbai. Leading investment experts will convene to discuss tre...
04 Oct, 2026, 02.46 PM IST
Jeff Bezos' ex-wife MacKenzie Scott gave $30 million to Silicon Valley housing group; here’s how her mega donation could help create affordable homes across the Bay AreaMacKenzie Scott has made headlines by donating $30 million to Housing Trust Silicon Valley, a game-changing support for the nonprofit. This...
03 Oct, 2026, 06.59 PM IST
West Bengal finance minister says Urban Land Act has to goSwapan Dasgupta highlighted the need to repeal the Urban Land Ceiling Act for development in West Bengal. Developers expressed challenges i...
02 Oct, 2026, 05.07 PM IST
Rob Walton donates $115 million to Arizona State University for conservation school focused on saving planetArizona State University has secured a groundbreaking $115 million gift to launch the Rob Walton School of Conservation Futures. This innov...
02 Oct, 2026, 04.13 PM IST
ETMarkets Smart Talk| ‘Desi to Videsi’: How GIFT City is changing the way Indians invest globally — Mustafa PardiwalaGIFT City is emerging as a gateway for Indian investors seeking global diversification, offering access to US stocks, ETFs and sectors such...
02 Oct, 2026, 12.06 PM IST
NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax noticeParents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny fro...
02 Oct, 2026, 11.41 AM IST
AMC stocks face rough waters; Kotak sees selective opportunities in SBI, HDFC AMCIndian asset management companies are experiencing steady retail inflows, notably through Systematic Investment Plans. Kotak Institutional ...
01 Oct, 2026, 03.27 PM IST
Solar Industries’ Omnia acquisition to reshape growth, debt outlookSolar Industries is performing well in the market despite broader weaknesses, primarily due to strong earnings. The planned acquisition of ...
01 Oct, 2026, 07.48 AM IST
Billionaire Ken Griffin donates $3 billion to Carnegie Mellon University. Becomes largest individual donor in the history of US education: here's what his record gift will createRenowned billionaire investor Ken Griffin has pledged a staggering $3 billion to Carnegie Mellon University. This historic donation will es...
30 Sep, 2026, 08.17 PM IST
GIFT City eyes direct listings without IPO to deepen equity market, says IFSCA's Pradeep RamakrishnanIFSCA plans to introduce a direct-listing framework at GIFT City within months, allowing companies to list shares without traditional IPOs....
30 Sep, 2026, 05.33 PM IST
Astana International Financial Centre explores to partner with India's GIFT CityAstana International Financial Centre is exploring potential collaboration with India's GIFT city due to regional proximity. This partnersh...
30 Sep, 2026, 03.27 PM IST
Groww begins phased rollout of US stock investing through GIFT CityThe rollout comes as US technology stocks have climbed back to record levels on renewed investor enthusiasm around artificial intelligence....
29 Sep, 2026, 12.00 PM IST
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
28 Sep, 2026, 04.14 PM IST
HSBC makes big push for affluent clients in India to fuel growthHSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to...
28 Sep, 2026, 10.29 AM IST
JPMorgan to double GIFT City business as $1 billion book expandsJPMorgan Chase & Co. plans to expand its operations at Gujarat's GIFT City in the next few years. The bank aims to double its business in a...
23 Sep, 2026, 10.27 AM IST