State-run refiner Indian Oil Corp Ltd's quarterly profit more than doubled, as the value of its inventory increased on the back of higher crude prices and margins rose at its petrochemical business.

Cost of goods sold (COGS) is more than an accounting term—it's a critical metric that directly measures your business's ...

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...