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ICAI set to lift advertising ban for CAs; experts call for wider reforms to build Indian accounting giants

As ICAI moves towards lifting its decades-old ban on advertising by CAs—a development confirmed to ETCFO—a bigger question is surfacing: Does India’s accounting profession need a complete overhaul to build globally competitive homegrown firms? While experts call the branding push…

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Trump says ‘no extensions’ to August 1 tariff deadline; warns more letters to follow

The announcement follows a brief extension of the ‘liberation day’ tariffs until August 1. According to Trump, letters have been sent and will continue to be sent, emphasizing that tariffs are due starting August 1, 2025, with no exceptions.

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India and US set to finalize mini trade deal: Key insights and implications

India and the US are nearing a mini trade deal, aiming to finalize the first phase by September-October with a goal to double bilateral trade to $500 billion by 2030. While sensitive agricultural issues remain, the focus is currently on…

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Trump says all BRICS nations, including India, to face additional 10% tariff

Donald Trump announced potential 10% tariffs on BRICS nations, including India, accusing the bloc of undermining the US dollar. During a Cabinet meeting, Trump warned that BRICS countries would soon face these additional charges. He asserted that the economic alliance…

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Preliminary report in Air India crash expected to be released by Friday, sources say

A preliminary report on the Air India crash that killed 260 people in June is expected soon, potentially revealing early details into the disaster. The investigation focuses on engine fuel control switches and possible thrust loss after takeoff. The crash…

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IndiGo likely to firm up orders for more Airbus A350s: Executive

IndiGo is likely to convert its purchase rights for 40 Airbus A350 family aircraft into a firm order, according to Airbus. This move follows IndiGo’s previous order of 30 A350-900s, with deliveries expected to begin in mid-2027.

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  • EPF interest after retirement at 58 continues until 61. Here's right time to withdraw your savings

    An EPF account can continue earning interest for up to 3 years after retirement at age 58. Knowing the right time to withdraw your EPF savings helps maximise returns before the account becomes inoperative.

  • 8th Pay Commission enters next phase: Stakeholder meetings begin in Odisha today; here's the progress so far

    8th Pay Commission begins stakeholder consultations in Odisha. The Commission will gather feedback on salaries, allowances and pensions before tabling its recommendations to the Centre by mid-2027.

  • ‘Stock markets are like a church with casino attached’: Why Warren Buffett's warning against ‘gambling’ still rings true

    Discouraging investors from blindly chasing returns, Buffett reiterated his view that the stock markets are like a church (long term investments) with a casino (quick, short-term bets) attached and many investors are taking too much risk.

  • Online payments: 84% of female entrepreneurs, 54% rural women earners now use UPI, finds study—Here's what they spent on

    A study by DBS Bank India explored how female earners in the country engage with digital payments, banking, credit and investment platforms and found that over half of the rural women earners now use UPI.

  • EPF withdrawal: No TDS after five years of service? Know tax rules, forms and claim process to avoid surprises

    EPF withdrawals are tax-free after five years of service. Before that, TDS applies for amounts over ₹50,000. Partial withdrawals are allowed with conditions, and claims can be made online or offline.

  • Bank holidays next week: SBI, HDFC, ICICI and others will be closed on four days between 6 and 12 July; check here

    Bank holidays next week: UPI and bank apps allow 24/7 transactions. Banks will be closed on Sundays and second Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules.

  • Delhi EV policy: ₹1 lakh incentive for four-wheeler owners who switch to EVs, scrappage incentives explained

    Delhi's new electronic vehicles policy provides ₹1 lakh scrapping incentive for four-wheeler owners who switch to EVs from petrol and diesel vehicles. We explain how the incentives work and steps to apply…

  • Top 5 diversified equity funds based on 10-year returns: Nippon India Small Cap Fund leads with over 21% return

    Based on 10-year returns, Nippon India Small Cap Fund emerged as the best-performing diversified equity scheme, delivering a CAGR of 21.81% over the past decade. The rankings also highlight that Quant Mutual Fund had three schemes among the top five performers.

  • Nifty PSU Bank ETFs: Top 5 funds by AUM and their historical performance compared

    Among ETFs tracking the Nifty PSU Bank Index, Nippon India ETF Nifty PSU Bank BeES is the biggest fund with assets under management (AUM) of ₹4,078 crore. It is followed by Kotak Nifty PSU Bank ETF, while DSP Nifty PSU Bank ETF is the third biggest fund in the category.

  • Fallen trees, flooded roads, dead batteries: How motor OD cover protects you

    Own Damage cover protects vehicles from storms and floods, but payouts shrink sharply without add-ons like zero depreciation. A Mumbai case shows how skipping the fine print can cost thousands in unexpected out-of-pocket repairs.

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