Gold, silver surge on safe-haven demand amid West Asia tensions

Gold, silver surge on safe-haven demand amid West Asia tensions

Prices of Gold and Silver surged sharply as investors turned to safe-haven assets amid ongoing West Asia tensions and weak risk sentiment. On the Multi Commodity Exchange, gold climbed above ₹1.42 lakh per 10 grams, while silver jumped over 3% to near ₹2.28 lakh per kg 19 days ago
LIC gets ₹61,147 crore income tax demand for FY22, to challenge order

LIC gets Rs 6,146.71 crore income tax demand for FY22, to challenge order

LIC has received a tax demand of LIC gets Rs 6,146.71 crore income tax demand for FY22, to challenge order plus interest for FY22. The demand arises from adjustments treating interim bonuses and negative reserves as income. LIC plans to appeal the order before the Commissioner of Income Tax (Appeals), stating the issue will not materially impact its operations. 20 days ago
Centre accelerates PNG rollout to ease LPG pressure; fuel supply normal across India

Centre accelerates PNG rollout to ease LPG pressure; fuel supply normal across India

The Centre has assured that all petrol and diesel retail outlets are functioning normally with sufficient stocks, while refineries operate at high capacity. A rapid rollout of PNG connections is underway, with a single-day record of 9,046 new connections. The government is maintaining full supply for domestic PNG and CNG transport. 20 days ago