Ineligible ITC refunds? Infosys issued Rs 415 crore showcause notice by DGGI; what the matter is about
DGGI startd their investigation based on confidential information suggesting Infosys had sought improper ITC refunds. Infosys, India’s second-largest IT services exporter, has been issued a showcause notice over alleged ineligible refunds. The GST Intelligence wing (DGGI) has reportedly served Infosys with a notice questioning their claim of input tax credit (ITC) refunds amounting to Rs…
OpenAI valuation: ChatGPT parent is now worth $500 billion; more than SpaceX and ByteDance
ChatGPT maker OpenAI’s valuation has surged to $500 billion after employees and former staff cashed out $6.6 billion worth of shares in a secondary sale, a source familiar with the deal told Reuters . With this valuation, the AI giant has left behind SpaceX and ByteDance.The transaction lifts the artificial intelligence company’s value from $300…
Gold price prediction: What’s the outlook for October 31, 2025? Why ‘buy on dips’ makes sense
Traders may prefer a buy-on-dips approach above ₹1,20,700 with a stop below ₹1,20,500. (AI image) Gold price prediction today: Gold prices will likely trade in a range with a neutral bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold prices traded in a narrow…
Health insurance room rent limits: What they mean for your coverage
The limit on room rent is a significant factor in a health insurance policy as exceeding it will increase your out-of-pocket expenses significantly. If a policyholder opts for a room that is above the limit set in the policy, the insurer will apply a proportional deduction, affecting not only the room rent payout but also…