The Income Tax Department reopened a woman’s assessment for assessment year 2015-16, alleging that she had wrongly claimed a Rs 14.70 lakh deduction under Section 54F of the Income Tax Act. The Assessing Officer denied the deduction on the ground that she owned more than one residential house apart from the new asset, and assessed her income at Rs 16,70,500.

Oil prices today: Brent crude tops $110 as Middle East tensions threaten shipments
https://timesofindia.indiatimes.com/business/international-business/oil-prices-today-21-october-2026-brent-crude-tops-110-as-middle-east-tensions-threaten-shipments/articleshow/135079433.cms

Oil prices have risen due to growing concerns over disruptions in Middle East supplies and threats to shipping routes. Recent attacks on vessels and infrastructure have heightened worries among traders and analysts. While Brent crude futures climbed to $110.10, WTI crude also saw an increase following previous declines. US officials are working with refiners to address rising fuel prices and shortages.

India-US ‘pretty close’ to signing a ‘different kind of deal,’ says Trump
https://timesofindia.indiatimes.com/business/india-business/india-us-pretty-close-to-signing-a-different-kind-of-deal-says-donald-trump/articleshow/135079765.cms

After prolonged negotiations, India and the United States are on the verge of solidifying a crucial trade agreement. US Secretary of State Marco Rubio noted the strategic alignment between the two countries during his visit to India. With a shared sense of optimism, both parties are excited about the latest developments in the Bilateral Trade Agreement discussions.

Jio IPO opens for subscription: Top 10 things to know about India's largest IPO
https://timesofindia.indiatimes.com/business/india-business/jio-ipo-indias-largest-public-issue-opens-for-subscription-price-band-gmp-listing-date-to-brokerage-views-top-10-things-to-know/articleshow/135079874.cms

Jio Platforms IPO: The company has fixed the price band at Rs 1,065 to Rs 1,119 per share. Based on the offer documents, the IPO values the company at around $108 billion. Investors will be able to apply for Jio Platforms shares in lots of 12, or in multiples of 12 shares.

Stock market today: Sensex trades 400 points higher, Nifty50 inches above 23,100
https://timesofindia.indiatimes.com/business/india-business/sensex-stock-market-today-21-october-2026-live-updates-nse-bse-gift-nifty-50-top-gainers-losers-mcx-stocks-in-focus-market-news/liveblog/135081041.cms

SpaceX Profit Jumps Sharply: AI unit fuels $4.4bn Q3 swing; Starlink adds 1.6m users
https://timesofindia.indiatimes.com/business/international-business/spacex-profits-skyrocket-to-4-4-billion-as-revenue-jumps-161-ai-business-surges-830/articleshow/135084319.cms

In the third quarter, SpaceX achieved a remarkable net profit of $4.4 billion, largely propelled by its flourishing Super Intelligence segment, which alone contributed $7.6 billion. The company's revenue skyrocketed by 161 percent to reach $14.6 billion, highlighting a significant rebound from the past year. Additionally, Starlink welcomed 1.6 million new subscribers, while capital expenditures surged to $19.6 billion, showcasing SpaceX's commitment to expanding its computing infrastructure.

Crude could hit $140 in early 2027 if Gulf supply disruptions persist: Goldman Sachs
https://timesofindia.indiatimes.com/business/india-business/brent-crude-could-hit-140-in-early-2027-if-gulf-supply-disruptions-persist-goldman-sachs/articleshow/135087496.cms

Commodity prices are expected to experience volatility due to geopolitical conflicts and supply chain disruptions. Energy prices may rise sharply if Middle Eastern supplies remain constrained or degrade further. Agricultural markets could face pressure from various conflicts and potential weather disruptions linked to El Niño. Goldman Sachs anticipates significant price increases for copper and gold by 2027, driven by demand trends.

SBI data leak: Nearly 4,000 customer records found on dark web; what we know so far
https://timesofindia.indiatimes.com/business/india-business/sbi-data-leak-nearly-4000-customer-records-found-on-dark-web-what-we-know-so-far/articleshow/135083923.cms