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The Iranian rial has plummeted to over 2 million rials per dollar amid harsh US sanctions and the ongoing Iran-Israel conflict.
New-age health covers allows couples to get covered well before pregnancy and better align insurance with their family plans
The FAST-DS scheme allows small taxpayers to disclose foreign assets and income until December 31, 2026. Affected taxpayers must pay an additional levy based on asset category, which varies significantly between undisclosed and already-taxed foreign assets.
The US has raised the H-1B visa fee to over $100,000 and paused new visa appointments globally to train staff on new visa rules. How will it impact Indian workers and companies?
Amazon is shutting down Mechanical Turk, its crowdsourced work platform, on 30 September, 2026. Launched in 2005, the service connected workers with tasks such as data labelling and surveys, but faced declining investment, growing competition, and questions over data quality.
CPP Investments sees data centres, infrastructure and real estate as key opportunities in India as the countrys economic growth, expanding middle class and digital economy drive demand for new assets.
Malone joined the company in March 2025, and is now leaving after one-and-a-half years. His previous stints were at other tech giants like Meta and Google.
Accounting and consulting giant Deloitte has agreed to pay the US government $21.5 million to settle allegations that it violated federal contracting laws by discriminating based on race and sex. The settlement comes as the Trump administration steps up its crackdown on corporate DEI practices.
Indias music-streaming market is betting on telecom, OTT, banking and other bundles to convert reach into paying users, but experts say exclusive content and better licensing economics will be key to making the model work.
This large TAM will help the company justify its valuation as well as its heavy spending on infrastructure, guide its product priorities, as well as frame its rivalry with other AI giants like OpenAI and Google.
Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.
Indias mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.
Hero MotoCorp has appointed five senior executives from non-two-wheeler backgrounds to steer its shift toward electric vehicles, premium motorcycles, and exports.
Shree Naman Group wins bids for two Advantage Raheja Group properties after a six-month bidding process under the insolvency resolution mechanism.
Indias lower-middle-class consumers are not abandoning digital channels, but 2026 data shows a surprising shift towards offline transactions. Bill payments, food orders and travel bookings have moved back to physical channels.
Air India is pursuing $1.5 billion in fresh equity from Tata Sons and Singapore Airlines to address substantial losses, following a record $2.33 billion deficit last fiscal year.
India is a strategic growth market for FedEx and one of the fastest-growing markets in its global network, with the countrys growing role in global trade to drive demand for time-sensitive logistics
Capital gains tax treatment differs for brokerage, STT and loan interest. Learn which investment expenses can be deducted, which are excluded and how taxpayers should assess borrowing costs.
PPFAS GIFT has cut the minimum investment in its Nasdaq-100 and S&P 500 fund of funds from $5,000 to $500. The 90% reduction lowers the entry requirement by about 4.3 lakh for eligible investors seeking US equity exposure through GIFT City.
The Bengaluru startup will use the funding to expand engineering, commercial manufacturing and go-to-market efforts as it builds drone delivery networks in India.
Employees moving abroad and foreign nationals working in India may fall under EPFOs International Worker rules, which can affect PF contributions, withdrawals, pension eligibility and social-security coverage.
OTT platforms are breaking the binge, one episode at a time. Staggered drops are helping shows build momentum, sustain conversations and drive higher cumulative viewership and retention.
Launched in February 2025, Nexedge has been among the fastest-growing wealth-management platforms, scaling to more than $3 billion in assets under management within 18 months across over 1,300 clients. It has onboarded more than 95 senior bankers, with another 50-60 expected to join in 2026.
Coal India has incorporated a Singapore-based subsidiary, CIL Global Pte. Ltd, to spearhead its international acquisition of critical minerals like lithium and cobalt.
Both plans invest in the same underlying assets. The main difference lies in how the investor purchases the fund and the costs involved in the process.
Premature withdrawal from post office schemes Senior Citizens Saving Scheme, Public Provident Fund, Sukanya Samriddhi Yojana, Monthly Income Scheme and Kisan Vikas Patra can cost more than you think. We explain
The income tax regime chosen, the nature of the income and, crucially, compliance with the prescribed procedure can all affect the final outcome.
The ITR-4 deadline is approaching for taxpayers using presumptive taxation. Sections 44AD, 44ADA and 44AE offer simplified tax rules for eligible businesses, professionals and goods-carriage operators. Heres who can opt, the income limits and key conditions to know.
Is it possible to reach his 10 crore goal in 15 years simply with SIPs? Check out the simple calculations behind the investment strategy.
Though India is one of the worlds top destinations for smartphone assembly after China, and alongside Vietnam, Thailand and Malaysia, the countrys own brands could never make it over the past decade. Is a major homegrown phone feasible in the country?
Having multiple health insurance policies can help cover a hospital bill when one policy falls short. Here is how insurers coordinate claims, which policy pays first and how much you can actually receive.
Under the arrangement, Axis Bank will issue standby letters of credit to support financing provided by Citigroup through its offshore operations
Plaud's expansion into India comes at a time when India's wearables market is estimated to hit $3.6 billion this year.
Small savings schemes vary based on individual needs and tax situations. Notable options include PPF with 7.1% interest, SSY at 8.2%, and NSC at 7.7%, each with tax benefits, lock-in periods, and unique characteristics.
PPF investment calculator: See how 1,000, 5,000 and 10,000 monthly investments could grow over 15 years at 7.1%. Check the PPF returns, tax benefits, contribution limits and long-term savings.
Working abroad or hiring a foreign national in India? EPFOs International Worker rules can change how much you contribute, when you can withdraw EPF and how social-security benefits work.
On examining the return and the applicable compliance requirements, we found that the taxpayer had selected the new tax regime but had not furnished Form 10-IEA. The department consequently processed the return under the old regime.
LICs 31,500 crore share sale will earn its four investment banks a paltry 4 lakh in fees in total, reviving concerns over aggressive undercutting as banks chase prestige and future mandates, while the smaller advisors risk being priced out.
A complaint to SEBI by an Embassy REIT unitholder accuses delayed disclosures of criminal cases involving its sponsor and promoters. Embassy Group refuted the claims, labeling them as unfounded attempts to damage its reputation, citing previous court dismissals of similar allegations.
Airlines are cutting flights faster than demand is falling, keeping planes more than 85% full and leaving passengers with fewer chances of cheaper fares.
Sony Pictures distribution of Ramayana could help Indian films break beyond diaspora audiences. Global studios bring scale and reach, while Indian distributors offer local insightmaking hybrid models an increasingly compelling route for ambitious films.
The merger will simplify IHCLs holding structure, give it direct ownership of seven OHL hotels and allow it to deploy its balance sheet on upgrades and expansion.
Nomura expects Indias public markets to remain active as QIPs and block deals gain ground, while global buyout funds with dry powder continue to scout for large India opportunities.
Third Wave Coffee has raised 408 crore from existing investors Westbridge and Creaegis as it targets 400-500 stores, expands into smaller cities and builds new food and beverage categories.
KPMG Australia is cutting around 400 jobs, or 5% of its workforce, amid weak economic conditions, falling consulting demand, and the fallout from a scandal involving confidential client information. Revenue and partner pay also declined, while its CEO expects tough conditions to persist
ALIBABA-FUNDRAISING:Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI
As the festive season approaches, companies are optimistic about increasing demand despite previous purchasing hesitations due to elevated prices.
The provision will protect clean energy developers from the risk of penaltiesincluding encashment of bank guarantees, payment of daily extension fees, other financial compensation or reduction in contracted tariffsfor missing their project completion deadlines.
Weeks after Brown-Forman Corp. announced it had terminated discussions to combine with spirits group Pernod Ricard SA, two members of the family that controls the owner of Jack Daniels drafted a letter to the board. Their assessment was withering.
Volkswagen CEO Oliver Blume warned employees the carmaker's position is more than critical adding that the company and the German car industry is facing the biggest upheaval in their history due to global headwinds and Chinese competition.

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