The Economic Times
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| 11 November, 2026, 04:50 PM IST | Today's ePaper
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    Own property in UAE? Income Tax Department nudges taxpayers to declare undisclosed assets under FAST-DS 2026, know who needs to act and what they can do

    UAE property owners have received communication from the income tax department regarding undisclosed assets. Taxpayers are prompted to assess their foreign assets in relation to their tax status. Those eligible can use the FAST-DS 2026 scheme before the deadline. Failure to disclose such assets may result in severe penalties or taxation. It is important to review and act upon this nudge to avoid repercussions.

    Sanjeev Bikhchandani to return as Info Edge CEO after 16 years

    The leadership change was announced alongside the company’s July-September quarter results on Wednesday. Info Edge reported an 87% year-on-year increase in consolidated net profit to Rs 650 crore, while operating revenue rose 12% to Rs 904 crore.

    Other income rose to Rs 428 crore from Rs 162 crore, contributing to the sharp increase in reported profit. The underlying business also strengthened, with standalone billings rising 12.8% to Rs 822 crore and operating profit before tax increasing 29.8% to Rs 347 crore. The operating margin expanded to 41.3% from 35.9% a year earlier.

    Brittany Murphy bought an LA home for $3.85 million in 2003; after listing post-death, it eventually sold at a $1.15 million loss

    Brittany Murphy purchased a mansion previously owned by Britney Spears, which was marked by tragic events. Murphy died in the house in December 2009, and her husband followed five months later. The speculation surrounding their deaths contributed to rumors of the property being haunted or cursed. The house was sold for less than its purchase price, and the original structure was demolished in 2013.

    The 1952 El Portal Church sat boarded up for a decade. After a $5.5 million sale in 2021, its future became a major redevelopment fight- here's what actually happened to the historic 75-year-old church

    In El Portal, a long-abandoned church has been bought by Elm Springs for commercial development. However, Adam Neumann has since taken control, envisioning its transition into SOLFL School, a private educational institution for 350 students. Local residents voiced strong opposition to the church's demolition during a recent town hall, highlighting the significance of preserving the structure amidst a growing push for mixed-use developments in the area.

    New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock market

    For decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credit growth and other official numbers, and then used them to work out whether households were spending more or pulling back. Those indicators still matter. But the Indian consumer has changed faster than the dashboard used to track consumption and spending patterns. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.

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