25 C 
Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to 1.5 lakh in a financial year. H
MIP on virgin multi-layer paper board extended to September 30
The measure, first introduced in August 2025, aims to regulate low-cost imports and support domestic manufacturers.
India launches first barrier-less toll system on NH-48 in Gujarat
Powered by FASTag and ANPR technologies, the system allows vehicles to pass without stopping, reducing congestion, travel time, and emissions
NITI Aayog gets two new full-time members, count rises to seven
The Centre has appointed Joram Aniya and R Balasubramaniam as full-time members of NITI Aayog, strengthening the think tanks leadership and bring
FinMin notifies changes in FEMA rules easing FDI for foreign cos with up to 10% Chinese stake
New FEMA rules clear low-level China-linked FDI under automatic route
Concerns about a housing market crash are growing among Americans as mortgage rates rise and inflation increases. Financial experts recommend kee
DEA eases FDI rules for firms with up to 10% Chinese shareholding under FEMA
The revised policy shifts focus to beneficial ownership while retaining curbs on entities from land-border countries, marking a calibrated relaxa
Aushadhi Express reefer rake flagged off to boost pharma logistics
The service is expected to reduce transit time, lower costs, and improve supply-chain reliability, supporting Indias growing pharma exports.
Electric bus sales up 19% in JanApr; JSW entry signals new capacity as April sales see dips
JSW Greentechs April dispatch of 25 buses marks its formal entry into Indias electric bus market, albeit at a pilot stage
8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?
8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central go
Crude surge is a price shock, not supply shock for India: CEA Nageswaran
He warned that rising oil prices could widen the current account deficit, strain fiscal targets, and impact trade, remittances and logistics, tho
Bank deposit risk explained: What happens to your money if a lender fails to return it?
Bank deposits are generally safe, but in case of bank failure, only 5 lakh per depositor is insured under the DICGC. This coverage applies to all
Power Ministry mandates phased rollout of local content in HVDC substations
Power Ministry aims to reach 60% minimum local content in HVDC substations by FY35
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section
The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at 14,901 per unit, payable on 4 May 2026. Investors coul
New Air India CEO: Search narrows to Singapore Airlines Vinod Kannan, insider Nipun Aggarwal
CEO search follows Campbell Wilsons resignation
Income tax rules discourage cash transactions, limiting annual deposits to 10 lakh. Experts recommend using savings accounts for cash deposits
How to claim stuck NPS funds with interest? Step-by-step guide for subscribers
Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Aut
The sector is expected to scale from $9.1 billion in 2024 to nearly $27 billion by 2030, growing at a 19% CAGR, as digital adoption and urbanisat
Family floater vs separate policy: Whats best health insurance policy for your elderly parents?
Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insu
Spirit shuts operations after White House bailout falls apart
All Spirit flights have been canceled, and passengers have been advised not to go to the airport, after the airline failed to secure a deal with
Electric 3-wheeler sales steady in April; fuel cost worries push shift to L5
Growth was led by the L5 segment, which expanded nearly 4% to 25,307 units, even as the L3 category declined about 1% to 35,953 units
A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and
I asked ChatGPT why the principal of my 90 lakh home loan hasn't decreased much despite paying off 45 lakh via 60 EMIs. Here is what AI said.
25-year old techie shares how he built a 20 lakh portfolio in 3 years while earning under 10 lpa
A 25-year-old tech professional built a 20 lakh investment portfolio in three years on a salary under 10 lakh. He attributed his success to disci
I asked ChatGPT: How to build 10 crore retirement corpus? The answer was a wake up call
Investing in mutual funds varies by age to build a 10 crore corpus. Younger investors benefit from compounding over decades, while older investor
Gold monetisation scheme: Govt plans e-gold units to unlock idle gold, boost liquidity
Proposal to offer dematerialise units of idle physical gold for future fast-track sales, loans and jewellery conversion. Move to unlock idle gold
Gold and silver prices remained stable in India's retail market on Saturday, May 2. Check retail rates of 24K, 22K gold, 999 silver today in majo
If you have children especially a young family a popular rule of thumb is to choose a term long enough to see them out of the house and through
6 personal finance mistakes to avoid in May 2026 for a stronger financial future
Avoid costly personal finance mistakes in May 2026 for stronger financial growth as poor planning, emotional investing and debt misuse can erode
Air India to cut international flights till July amid jet fuel price surge, airspace curbs
Airspace restrictions in the wake of the West Asia conflict have forced the airline to take longer routes for many international destinations, re
From roti to revolution: Indias next big hunger fix isnt what you think
The Smart Nutrition Revolution will save India from deficiency - it is about building stronger bodies, sharper minds, healthier futures
The missing link in agri-tech: Why semiconductor startups will decide Indias farming future
The real missing link in agtech is integration and at its centre lies one critical element: semiconductors
New income tax rules for doctors: Who needs to maintain Form 25 and why
It is a prescribed daily case register required to be maintained by practitioners of any system of medicine under Rule 46(6) of the Income Tax Ru
Bank holiday today: Are SBI, HDFC Bank, and other banks closed on Saturday, May 2?
Banks in India are open today, May 2, 2026, as it is the first Saturday of the month. They will be closed on May 9, May 23, and May 27 as per the
I asked ChatGPT: SIP or home loan prepayment what's better? The answer was surprisingly logical
As a 40-year-old married person with one kid, here's how you can repay your home and car loans while investing in SIPs. Follow this balanced appr
Odisha kicks off mango season with first domestic shipment
Farmers are feeling the love this year, with prices soaring to 45 per kg up a whopping 80% from last years 25
Players, especially in the restaurant industry, are expected to pass on the cost pressures to some extent to the end consumers
Indias wheat procurement down 9% on lower buy in Madhya Pradesh
Purchases in the central Indian State for buffer stocks down 59% from a year ago, while targets achieved for Punjab, Haryana
Fertilizer industry consortium welcomes Maharashtra govt move to streamline quality inspections
Consortium also lauds decisions to ban bundling of subsidised and non-subsidised fertilizer and strengthen quality control
Punjab records highest-ever GST collection of 2,987.4 cr in April
Punjab logs 66% growth in post-settlement GST year-on-year, minister says
Centre to sustain capex push despite fiscal stress due to global uncertainties: FinMin Official
The FY27 Budget has pegged the fiscal deficit at 4.3% of GDP, which is now seen at 4.5% of GDP, following a downward revision in India's nominal
Most models predict El Nino may last until January 2027: IMD
It could potentially impact kharif and rabi seasons; south-west Monsoon may set in over Andamans around May 14-16
India-UK trade boost: Goyal, Kyle discuss leveraging free trade pact
The India-UK CETA is likely to be implemented after all domestic processes for ratification conclude
P2P portfolio: Should you invest in peer-to-peer lending to earn high returns? Experts weigh in
P2P: In peer-to-peer lending, individual lenders offer unsecured loans directly to borrowers via RBI-regulated online platforms.
Telangana crosses 10-lakh tonne paddy procurement
Telangana targets to procure 90 lakh tonnes of paddy in rabi season
India to maintain budgeted capex despite global challenges: Expenditure Secy
The current global uncertainties have created a challenging situation for India, says Vualnam
Are you paying active fees for a passive fund?
Active share helps you spot whether your active fund is actually just tracking the index at a higher cost.
Should you replace 5 credit card EMIs with 1 personal loan? ChatGPT explains
I asked ChatGPT if I should consolidate 5 credit card EMIs into a single EMI by taking a personal loan. Check what the AI chatbot said:
ITR filing 2026: Who can claim meal card benefit before 31 July deadline? Rules explained
The revised tax treatment for employer-provided meal benefits raises the tax-exempt value to 200 per meal from 50, effective 1 April 2026. Here's
Petrol and diesel rates could rise in near future. Heres why
Crude, which was $70 per barrel last year, averaged over $114 this month
Indias heat exposes a fragile grid as energy crunch deepens
Areas like Gujarat, Maharashtra and parts of the foothills of the Himalayas will see more days of unusually high temperatures in May typically t
India, UK discuss ways to boost bilateral trade
Discussion takes place during virtual meeting between Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trad
India auto retail sees broad-based growth in April; Two-wheelers lead surge: Goldman Sachs
According to the report, two-wheeler (2W) volumes rose 14% year-on-year in April, outperforming passenger vehicles (cars), which grew 11% during
For a Bengaluru-based Software Development Engineer who is starting out in her/his career, aims to accumulate a corpus of 1 crore in 15 years. He
Dividends, bonus shares and buybacks taxation in India: Rules, rates and reporting process explained
Income from the stock market is taxed based on its type: dividends are taxed as income, and bonus shares are taxed differently upon sale. Here ar
Morgan Stanleys latest report indicates that geopolitical tensions may boost Indias efforts for supply chain resilience and domestic capacity
Boosting rural financial inclusion, India Post Payments Bank launches SHG Savings Account to empower women-led SHGs with zero balance banking, do
Passenger vehicle sales fall 10% as EVs show resilience, Tata leads: Vahan data
EVs account for 5.7% share amid broader market slowdown
Pilots association flags safety risks, seeks full implementation of duty time rules
The association has said extensions to airlines granted by the Directorate General of Civil Aviation poses safety risk and should be withdrawn
Can you go to jail for cheque bounce? Section 138 explained
Can a cheque bounce land you in jail? Check what Section 138 of the Negotiable Instruments Act covers: the legal process, penalties, and how to p
EPFO updates: Key changes and new rules for employees' provident fund subscribers in 2026
EPFO has recently made changes to streamline compliance and improve access for provident fund subscribers, including a new unified Form 121 effec
GST collections hit all-time high of 2.42 lakh crore in April
Strong imports and year-end stock clearance drive record-high revenue; collections rise 8.7% y-o-y despite absence of compensation cess
As Bhogapuram International airport nears launch, rural economy takes wing
Bhogapuram villages see land rush, business buzz
Air India Express reinstates operations in Gulf
Operations to Qatar, Bahrain restart; more flights added across region
Storage in over 50% of Indias major reservoirs drops below 40% of capacity
Level in the southern region drops below 30% as overall level down to 39% of 183.565 billion cubic metres capacity
Bajaj Finance FD rates have jumped to 7.40%, offering higher returns for long-term investors, while senior citizens can now earn up to 7.75% with
Govt reduces windfall gains tax on diesel, jet fuel
The Special Additional Excise Duty (SAED) on export of diesel has been reduced to 23 per litre from 55.5 per litre, and aviation turbine fuel to
Airport operators seek regulatory relief after cut in landing, parking charges
Industry body urges government support to offset cash flow impact of temporary tariff reduction at major airports
Commercial LPG cylinder price hiked by 993 to 3,071; domestic rates unchanged
According to sources, the price of a 19 kg commercial LPG cylinder has been increased by 993, taking the cost in Delhi to 3,071.50 from today
Govt lowers export duty on diesel, ATF; petrol duty unchanged
Separately, new rules allow blending of ATF with synthetic fuels, expanding fuel definitions to align with evolving aviation standards.
Applying for a loan, requesting a credit report? Here's how your credit score is calculated in India
Credit scores, ranging from 300-900, indicate credit risk to lenders based on past behavior. Scores can be improved through timely repayments and
Draft rules on 100% Ethanol: Not all vehicle makers are gung-ho about it
While the draft notification for E100 and E85 has been cheered by the sugar and distillery sectors, automakers, particularly in the luxury segmen
Private airports ask government for increase in user fees, deferral in revenue share payments
The private airport operators body has also requested for a revision in charges after the relief period
Agriculture Ministry `non-committal as Textile Ministry pushes for cotton duty cuts
Apparel exporters make a case for import duty exemption to help stabilise prices, increase competitiveness
The central bank has updated its rules for auto-debit transactions by customers this month. Here's a look at what changes the RBI has mandated fo
Indian firms ramp up global acquisitions as Sun Pharma-Organon deal leads trend
Sectors such as IT services, pharmaceuticals, healthcare and renewable energy are leading the charge.
Rajasthan farmers appeal Centre to buy 100% chana or reimburse difference
Over 5,000 chana farmers have already been registered in Rajasthan to sell their produce to the government at MSP of 5,875/quintal
A clean credit profile is important when you apply for a credit card, home loan, mortgage or personal loan in the future. Here's whether your spo
Airlines brace for ATF price revision amid global oil volatility
The government had earlier capped the April price hike at 25% to shield airlines from a sharp surge triggered by geopolitical tensions, including
Vodafone Idea gets 27% relief as government cuts AGR dues to 64,046 crore
Vodafone Idea will repay the dues over a 10-year period, beginning with a minimum annual payment of 100 crore between FY32 and FY35, followed by
Amid global uncertainties, strong cargo volumes steer Adani Ports Q4 earnings
Net profit for the quarter rose 9% to 3,308 crore, demonstrating stable performance amid global trade uncertainties
FEMA notification easing FDI norms for China, other land-border countries awaited
The DEA will have to issue the notification under FEMA, says DPIIT Joint Secretary Jai Prakash Shivahare
Bengaluru airport sees growth in international travel and cargo segment in FY26
International traffic grew 23.9 per cent to 7.23 million, while domestic traffic grew 3.3 per cent to 37.24 million
Kerala planters oppose duty cut in natural rubber, warns of blow to farmers livelihood
Although natural rubber prices are currently above 250 per kg after 14 years, rising production costsestimated between 210 and 220 per kgare redu
India eases FDI norms; firms with minor Chinese stake to get automatic route access
The move follows Cabinet approval to amend Press Note 3 of 2020, though restrictions will continue for entities registered in China, Hong Kong, o
FDI in India may cross $90 bn in 2025-26: DPIIT Secy
Reform measures, free trade agreements and fast-growing economy are helping India to attract healthy investments, DPIIT Secretary Amardeep Singh
DA: Differences between Dearness Allowance and House Rent Allowance, explained
Dearness Allowance for central government employees is adjusted twice a year to offset inflation, with the recent revision increasing it from 58%
To reach $30 trillion economy by 2047, India needs 12% growth, says Chief Economic Advisor
He noted that achieving this target would require around 12% annual growth in dollar terms, with Indias GDP currently at about $3.91 trillion and
NPS unclaimed money: How to recover your funds with interest and secure your pension
Hidden savings could still be yours, NPS unclaimed money can be recovered with interest through a clear process, helping subscribers secure misse
