IRCTC records highest-ever 20.06 lakh ticket bookings in a day; system capacity doubled as festive rush drives demand, 19.51 lakh more booked next day

Indian Railways is undertaking several measures to modernise and strengthen its rail ticket booking system. The Indian Railway Catering and Tourism Corporation (IRCTC) has set a new ticket booking record! Online booking of train tickets now accounts for 89% of total train ticket bookings on the Indian Railways network and this rush became evident when…

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Indian working in Kuwait sent home over a crore in remittances but filed no ITR; taxman treated Rs 3.63 crore as unexplained, ITAT deletes Rs 5.52 lakh and orders fresh check of Rs 2.50 crore

The absence of an original ITR became a key issue. An Indian working in Kuwait and originally from Ahmedabad received an income tax notice after he failed to file an Income Tax Return (ITR), despite remitting more than a crore to his bank accounts in India.The man had moved to Kuwait to work in the…

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Gold price prediction: Is it time to buy gold on dips? Check September 11, 2026 outlook

Gold’s intraday structure has turned constructive after the sharp recovery from lower levels. Gold price prediction today: Gold is showing a constructive intraday bias and a buy on dips strategy is favoured, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. The analyst shares the rationale:MCX Gold October futures are showing signs…

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‘Key growth engine for the world’: IMF hails India’s 7.8% growth, backs GDP estimate changes

IMF hails India’s 7.8% growth, calls economy a key global growth engine India’s economy has stayed on the growth track despite the energy price shock, with real GDP rising 7.8% in the April-June quarter. The IMF hailed the stronger-than-expected performance, saying that the growth was boosted by better-than-expected activity in services and exports.At a press…

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Gold, Silver Rate Today Live Updates: Gold heads for third weekly loss as US rate hike bets strengthen

Outlook for the precious metals remains closely tied to the direction of US monetary policy, with expectations of higher interest rates emerging as a key pressure point for the metal. Stronger-than-expected inflation data could reinforce expectations of further rate increases, while elevated bond yields and a firmer US dollar could add to the pressure on…

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Small towns power Quick-commerce biz for Flipkart

MUMBAI: Small towns are fueling the growth of Flipkart’s quick commerce business Minutes. Cities such as Siliguri, Ambala, Barabanki, Bhagalpur and Durgapur are seeing huge consumer adoption with the overall customer base growing nearly 25 times year-on-year across such regions, the Walmart-owned company said.The broader Minutes business has expanded four times y-o-y since its launch…

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