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An employee was fined 10 lakh for not disclosing ESOP shares in his income tax return. The ITAT Chennai canceled the penalty, citing that the omi
Retrospective jurisdiction fix triggers fresh tax disputes
The latest round of litigation follows the Supreme Courts direction to petitioners to bring to the notice of their respective High Courts the leg
India, US to resume trade talks in Washington from April 20: Heres what has changed
Both sides may like to relook at the framework of the agreement in a new tariff landscape
The Union Cabinet on Saturday approvedthe creation ofBharat Maritime Insurance Pool (BMI Pool)with a sovereign guarantee of 12,980 crore aimed at
Sriram Finance revises fixed deposit interest rates from 6 May Check details here
Sriram Finance has revised its fixed deposit interest rates effective 6 May 2026, following upgrades to its credit ratings by CARE Ratings, CRISI
The I-T department has replaced the old Form 10E with the new Form 39 for taxpayers to claim relief on salary arrears and specified receipts unde
India to grow 6.8%-7.1% in FY27, defies oil shock pressures: SBI Report
The country has entered the global geopolitical conflict from a position of strength, with FY26 growth at 7.6%, similar to the Russia-Ukraine cri
Global oil shocks may hit US growth, India's impact likely limited: SBI Research
The report highlights concerns about a potential US economic slowdown due to rising geopolitical tensions and energy shocks, but suggests that th
I asked ChatGPT and Gemini what how much home loan i can afford on a 7-9 lakh salary. Here's what advice the chatbots gave me
The RBI has announced premature redemption for Sovereign Gold Bonds on 20 April 2026. Investors stand to gain over 200% from their initial invest
New ITR forms for AY 2026-27 require investors to disclose NBFC, HFC and corporate fixed deposit interest under Schedule OS. Here's what you must
Govt says El Nino threat to agri sector manageable due to better irrigation and reserves
IMD has forecast below-normal monsoon rainfall this year at around 92 per cent of the long-period average, and has flagged a risk of El Nino cond
Building wealth for your family is only half the job. The other half nobody does.
Decades of disciplined investing can unravel overnight if families cannot locate accounts or understand succession rules. A Will and a simple fin
Balanced advantage funds move in sync with marketsbut not in the same way
Indias top five BAFs in terms of investor assets cut and add equity through the cycle, but differences in models drive sharp variation in timing,
One Indian vessel crosses Hormuz, four others turn back as IRGC opens fire
Oil tanker Desh Garima appeared to have successfully crossed the Strait on Saturday, ship tracking data showed
DA hiked by 2%: Salary boost for govt employees - How much more will you take home?
The new DA hike of two per cent is an increase over the existing rate of 58 per cent in the Basic Pay. The hike now takes the Dearness Allowance
Strait of Hormuz tension: India protests after ships forced to turn back
The development comes amid rising tensions in the region, with Iran reopening and then reportedly closing the crucial shipping route again after
Buying products on low-cost EMIs? Here's how it can burn a bigger hole in your pocket in long run
Lower EMIs mean paying less immediately but losing much in the long run. Here we explain how.
Tax clearance required every time you leave the country? PIB fact checks viral claim
Under Section 230 (of the Income Tax Act, 1961), tax clearance certificates are not mandatory for all individuals, said PIB
Govt sets up 12,980-cr maritime insurance pool
Covers hull, cargo, P&I, war risks
Cabinet nod for continuation of Pradhan Mantri Gram Sadak Yojana-IIItill March 2028
The statement added that under the third phase, there will be extension of timeline till March 2028 for completion of roads and bridges in plain
A LinkedIn post by a CA discusses how high income does not guarantee wealth, citing lifestyle inflation as a key issue. Many earners struggle to
Cabinet extends PMGSY-III till 2028; outlay raised to 83,977 crore
The scheme focuses on upgrading rural road connectivity to link villages with markets, schools and hospitals.
India approves 12,980 crore maritime insurance pool amid rising shipping risks
The move comes as geopolitical tensions, including the Iran conflict, increase risks for maritime trade and drive up insurance premiums for busin
Godrej Agrovet unveils Disha programme to empower women in agri sector
Implemented with partners like 1M1B Foundation and Ikka Learning Foundation, the programme focuses on bridging the gap between education and form
The PPF is a popular long-term savings option offering safety, steady returns, and tax benefits. With a current deposit rate of 7.10%, strategies
Govt hikes DA by 2% to 60% for central employees, pensioners
The decision follows an earlier 3% hike in October 2025 and is expected to benefit millions of employees and pensioners.
India adds 55,200 startups in FY26; job creation tops 23.36 lakh
Backed by initiatives like Startup India, Fund of Funds, and Seed Fund Scheme, the sector saw a 51.6% rise in registrations and a 36.1% increase
At 6% inflation, 1 crore will lose significant purchasing power over 20 years, equating to roughly 31 lakh today. Investing wisely can help maint
Why most SIP investors fail midway And how the 7-5-3-1 rule can help you create real wealth
The main challenge in mutual fund SIPs is staying invested long enough to benefit from compounding. The 7-5-3-1 rule emphasises patience, diversi
Iran announces partial reopening of its airspace
The Civil Aviation Organisation said air routes over eastern Iran were reopened at 7 am (0330 GMT), according to the state-owned IRAN newspaper
Below-normal monsoon and West Asia conflict cloud India's agriculture outlook: BoB
The India Meteorological Department issued its first long-range forecast for the 2026 Southwest Monsoon, estimating rainfall at 92% of the Long P
Prolonged West Asia conflict to impact India's automobile sector, says FADA President
Vyapar Delhi event, FADA President C.S. Vigneshwar stated that the ongoing conflict in West Asia will specifically affect export volumes and the
Government strengthens DGFT Norms Committees to speed up export authorisations, cut delays
The ministry stated that the move comes as part of the government's broader push to enhance ease of doing business and reduce delays in approvals
What are arbitrage funds? How they work, who should invest, and other details
Arbitrage Funds are low-risk hybrid mutual funds that profit from price differences between cash and futures markets. While minimising risks, the
IAF clears Pune runway for flights after frontline jet incident
The runway at Pune Airport, which was temporarily unavailable due to an incident involving an Indian Air Force aircraft, has now been restored an
Planning to buy Gold on Akshaya Tritiya? Heres how to check hallmark and purity of 24K, 22K Gold
With Akshaya Tritiya near, gold buying is set to rise. Buyers must ensure jewelry authenticity using these steps
Mutual Fund SIP: Why is making the first crore the hardest thing to do?
The toughest part of building a 10 crore retirement fund is reaching the first 1 crore, which may take 14 years. However, with compounding and co
Hidden cost of delaying investments: Starting SIPs late can kill crores from your portfolio
Starting early in investment significantly impacts wealth creation due to compounding. Aman, investing 5000 at 25, accumulates 2.75 crore by 60.
India's renewable energy capacity to reach 359 GW by FY25-30: Jefferies
The report anticipates that power demand will rebound to a 6% growth rate in FY27, driven by a combination of normalising industrial activity and
Credit cards provide a grace period for interest-free payments if the full amount is repaid by the due date. Paying only the minimum incurs high
The official reference date for the 8th Pay Commission is 1 January 2026. But because the commission has 18 months to submit its final report, it
The pivotal role of AI in rewiring Indias agricultural ecosystem
Striking the balance between sustainable practices and economic pressures will become important going ahead
Strengthening agri-exports: The role of processed sugar in Indias global trade strategy
As the industry continues to modernise and align with national priorities such as biofuels and export growth, processed sugar is emerging as a ke
Multiple sources of income can include monthly interest, quarterly dividends, quarterly REIT, InvIT distributions, alternative investments, freel
8th Pay Commission: 32,400 to nearly 69,000 basic pay? Fitment factor for govt salary hike decoded
8th Pay Commission: Fitment factor is the multiplier that converts old basic pay into revised basic pay. Here's how the minimum basic pay could r
National Savings Certificate vs tax-saving FD: Which offers better returns?
While both NSC and tax-saving FDs have a standard 5-year duration, they differ in several key factors, including interest rates and compounding i
China suspends import licences of 3 Indian rice export firms
The government may take reciprocal steps if China continues with the suspension, as the ground on which the decision was taken was not legally va
Indias wheat procurement plummets 40% due to delayed start in Madhya Pradesh
Total wheat procurement has reached 51.34 lakh tonnes (lt) until April 16 after the purchase season began from April 1
Coal Ministry launches 15thround of commercial auctions
The mines being auctioned are spread across coal/ lignite bearing states are expected to attract significant investment, enhance domestic coal av
West Asia Conflict: Oil Ministry points at softening LPG demand as summers kick-in
Refiners are doing their best to line-up oil cargoes to meet local demand, says Ministry
As equity markets hit their lowest point in six years, conservative investors are increasingly gravitating toward fixed deposits.
Millions of Indians are investing every year, but not everyone is building wealth Heres why
A large share of those new entrants are first-timers. Many came in during a bull run and haven't yet seen a serious correction. That matters, bec
FIR against seed company on farmers complaint in Madhya Pradesh
According to the complaint, farmers bought seeds and seedlings from nurseries and agricultural service centres in November 2025, but the crop fai
FSSAI asks States to crack down on fruit ripening agents
In its order, FSSAI reiterated that the use of calcium carbide for artificial ripening of fruits such as mangoes, bananas and papayas is strictly
PMS or AIF: Where are HNIs finding better risk-adjusted returns?
Studies show that top PMS strategies have generated around 60 basis points of excess return per month over benchmarks. More importantly, roughly
In India, people buy gold on Akshaya Tritiya, depending on specific muhurat timings which vary from one city to another. From Kolkata, Delhi to
Oil plunges, stocks jumps as Iran declares Hormuz open
Irans Foreign Minister Abbas Araghchi said on X that passage for all commercial vessels through Strait of Hormuz is declared completely open for
Industries urge GST Council to allow inverted duty refunds on input services
Experts feel that absence of such a mechanism creates structural disadvantage for manufacturers
Falling prices leave Kashmir apple growers, traders distressed
Wholesale prices in markets outside Jammu and Kashmir have fallen by 3040%, driven by rising temperatures and a decline in fruit quality
Secure your future with these government-backed schemes in India that offer stable returns, tax benefits, and predictable income, making them ide
Kerala set to witness pre-monsoon rain peak likely from Wednesday
Thunderstorm activity is set to gather urgency over the south-western state around April 22 (Wednesday next), roughly 40 days ahead of the normal
Overseas buying lifts orthodox tea prices at Kochi auctions
The average price realised is 205 compared to 201 in the previous week
Income tax penalties can occur due to default in tax payments, incorrect reporting of income, and, in some cases, misreporting of income, which i
Zero tax on 20 lakh CTC? How a smart car lease can cut your tax under the new regime
Smart salary structuring unlocks major tax savings on car leases under the new tax regime, showing how a 20 lakh CTC can significantly reduce tax
India's first maritime-focused lender eyes $1 billion FY27 fundraise
The company aims to disburse 8,000 crore to 9,000 crore in loans in the year ending March 2027 and has already sanctioned 3,700 crore for two gre
Your Cibil score could update faster. Here's what changed
RBI has mandated lenders to report credit data weekly instead of fortnightly to ensure more accurate and fresh credit scores. This shift enables
Maize prices crash below MSP in Telangana; farmers want State Govt to procure produce
Telangana wants Centre to sanction 4,000 crore to purchase 15 lakh tonnes
PPF investment: How to build a 1 crore corpus at 7.1% and how long it takes
The PPF crorepati reality check shows that disciplined, long-term investing at 7.1% can build 1 crore over 25 years, highlighting tax-free compou
Indias share of global GDP projected to hit 7% by 2050: McKinsey
Rising economic weight boosts appeal for alternative investors; private markets gain traction
Govt forms high-level inter-ministerial body to steer AI governance strategy
AI Governance and Economic Group (AIGEG) to coordinate policy across ministries, departments and sectoral regulators and oversee cross-sectoral g
Singapore Airlines CEO meets Tata Sons Chairman Chandrasekaran
Both sides are believed to have detailed discussions on loss-making Air India
PPF vs ELSS vs NPS: Where does 5,000/month grow the most? 15-year returns compared
PPF, ELSS, and NPS are popular tax-saving investments, differing in structure, eligibility, and returns. Here's the best tax saving option.
Trump accounts explained: Eligibility, contribution limits, tax benefits for parents
Trump accounts explained: A new savings scheme, referred to as Trump accounts, is designed to help families start building wealth for children fr
Storage in Indias major reservoirs down to 42.5% of capacity
Water level in four of the five regions below 50 per cent; deficient rain in 30% of the country since March 1
A jet fuel crunch is looming. How will it affect your flight plans?
Jet fuel supplies are tightening due to the Iran war and oil disruptions, raising concerns over higher airfares, flight cuts and travel uncertain
US expands crackdown on Iran-linked ships, warns of seizures worldwide
Officials said both military and civilian-use goods, including oil and metals, could be treated as contraband
33% women quota law notified, rollout awaits census and delimitation
While the government cited technical reasons for notifying the law now, discussions are underway to enable its rollout by 2029 instead of the ear
CAFE-3: Industry, government agree to final draft
Government asks industry to prepare for E25 compliant vehicles
Indias sugar production in 2025-26 season may be around 28 million tonnes, experts say
A total of 19 factories are currently operational, as against 38 mills operating at the same time last year, ISMA says
West Asia conflict hits inbound tourism by 15-20%, says report
Study flags rising costs, traffic shifts and sectoral stress
Basmati exporters urge govt to suspend 83/tonne levy amid delayed payment, shrinking margin
With payment delays, skyrocketing shipping costs, and shrinking profits, small and medium-sized exporters are worried that this extra financial b
Pulses import value down 35% in FY26 at $3.57 billion on lower volumes, prices
Trade sees volumes down at 5.6-5.7 million tonnes from previous years 7.3 million tonnes
Secure retirement planning can turn a 50 lakh retirement corpus into a balanced income engine. Here is how you can blend SCSS, mutual funds, equi
Southern Railway records operational gains with 28 new trains, better punctuality
The zone also achieved over 93% punctuality, improving connectivity and passenger convenience across South India while maintaining efficiency des
Asset allocation involves distributing investments across various asset classes to manage risk and return. Common categories include fixed-income
Akasa Air, SpiceJet planes damaged after contact at Delhi airport; DGCA probes
The DGCA has launched an investigation into the incident, which occurred while one aircraft was stationary and the other was taxiing.
Delhi HC reserves order on SpiceJet plea to review 144 crore payment in Maran dispute
The airline cited financial distress and offered property as security, while the opposing side argued the issue had already been settled by highe
Foreign investments in India should be 100 times more
(This interview with Mark Mobius was originally published in October 2015. It is being republished following his passing yesterday)
6 reasons why first-time borrowers find it tough to maintain a healthy credit score
First-time borrowers often damage their credit score due to poor awareness, high utilisation and missed repayments, making disciplined financial
