Real estate businessman lost Rs 34.21 lakh in F&O trading; taxman called it speculative, but ITAT Delhi allowed Rs 25.09 lakh as business loss: Here’s why

The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his real estate trading business. However, the said taxpayer alsoincurred a loss of around Rs 34 lakh from futures and options (F&O) trading in the stock market. When the taxpayer filed his income…

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Gold price prediction today: Will bearish bias continue? Check outlook for September 15, 2026 week

Overall, the weekly bias remains cautious to bearish below Rs 155,700. Gold price prediction today: Gold outlook remains tilted to bearish as corrective pressures persist, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Below is his outlook on gold prices:Gold remains under corrective pressure after the sharp rejection from the…

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Stock Market Live Updates Today: D-Street erases early gains; BSE Sensex turns red, Nifty50 slips below 23,400

Indian benchmark indices opened higher on Tuesday, with the BSE Sensex rising around 400 points and the Nifty climbing above 23,500, despite persistent concerns over elevated crude oil prices and geopolitical tensions in West Asia. Oil prices rose above $100 a barrel as attacks on Saudi energy infrastructure disrupted the kingdom’s East-West pipeline and renewed…

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Top stocks to buy: Stock recommendations for September 15, 2026 week – check list

Top stocks to buy for the trading week starting September 15, 2026 Stock market recommendations: Emcure Pharmaceuticals, and Cholamandalam Investment & Finance Company Ltd – Motilal Oswal Wealth Management Research Desk has identified these as the top stocks to buy in the holiday-shortened trading week starting September 18, 2026: NAME CMP (Rs) TP (Rs) Upside…

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New costlier iPhones may boost refurbished smartphones’ demand

NEW DELHI: Apple’s latest iPhone launch could trigger a fresh wave of trade-ins, while strengthening demand for older, refurbished models, as sharply higher flagship prices push buyers towards more affordable ways of entering the company’s ecosystem, according to Cashify.The refurbished-device platform expects buybacks to increase within 30 days of the launch and gather pace over…

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Rishikesh-Karnprayag railway line project for Char Dham connectivity boost hits 41 tunnel breakthroughs; RVNL completes 10.847-km Escape Tunnel 1, with 5 more expected within a year

The completion is particularly significant given the difficult geological conditions along the Himalayan alignment. (Image for representative purpose only) The 125 kilometres long Rishikesh-Karnaprayag new railway line, which is currently under construction, has achieved a major milestone with a new tunnel breakthrough. Rail Vikas Nigam Limited (RVNL), which is the implementing body for the project,…

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Four homebuyers paid Rs 2.08 crore each for flats with promised pool, gym, spa and sports facilities; Karnataka RERA orders Rs 10 lakh compensation after many amenities were not delivered

The authority held that showcasing these facilities in brochures and agreements but failing to provide them amounted to misrepresentation. A builder promises several amenities in a housing project, but fails to deliver. What happens after that? A Karnataka RERA ruling in this context assumes importance.A reputed builder has been asked to pay Rs 10 lakh…

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