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Indian CV industry wholesale volumes likely to grow 3–5% in FY26: ICRA

The Indian commercial vehicle industry anticipates a modest 3–5 per cent growth in FY26, fueled by infrastructure projects and a stable economy. While May 2025 saw a slight increase in wholesale volumes, retail figures declined, indicating inventory challenges. The M&HCV…

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ICRA projects moderate 2-3 pc growth for Indian IT sector in FY26, maintains stable outlook

​ICRA’s analysis, based on a sample of 15 leading IT companies representing approximately 60 per cent of the industry’s revenue, indicates that the sector will experience modest revenue growth of 2-3 per cent in FY2026, slightly lower than the 2.9…

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RBI appoints Kesavan Ramachandran as new Executive Director

Reserve Bank of India has announced the appointment of Shri Kesavan Ramachandran as the new Executive Director. He will assume the role on July 1, 2025. Ramachandran previously served as Principal Chief General Manager in Risk Monitoring Department. He brings…

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SBI Cards shares in focus after GST show cause notice on input tax credit

Shares of SBI Cards and Payment Services are in focus after the firm disclosed a GST show cause notice for alleged wrongful ITC claims worth Rs 81.93 crore for FY19 to FY21. The notice cites mismatches in tax filings and…

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GST landmark reform that reshaped India’s economic landscape: PM Modi

Prime Minister Narendra Modi hails Goods and Services Tax as a landmark reform on its eighth anniversary. He says it boosted ease of doing business and economic growth. GST unified taxes, creating a national market. Collections have grown from Rs…

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Delhi HC stays operation of order to Amazon to pay Rs 339 crores to Beverly Hills Polo Club over trademark infringement

The High Court in February 2025 had directed Amazon Technology Inc. to pay the amount for infringement of the luxury brand Beverly Hills Polo Club (BHPC) owned by Lifestyle Equities.

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  • EPFO: Taxation rule on Voluntary Provident Fund — the ₹2.5 lakh VPF threshold, explained

    VPF allows employees to contribute more than the mandatory EPF rate for a larger retirement corpus. Contributions over ₹2.5 lakh face taxation on excess interest. VPF matches EPF's interest rate and qualifies for tax deductions under Section 80C, with specific withdrawal conditions.

  • ₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here's what ITAT ruled

    A Delhi taxpayer was denied a ₹17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.

  • Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases

    The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms — curb corruption and overcharging at these stores. Here's all we know…

  • HDFC Bank revises MCLR across tenures: Check latest lending rates and what they mean for your loan EMI

    HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

  • 8th pay commission: HRA revision, minimum monthly transport allowance, salary increase — Check top demands by AINPSEF

    8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.

  • Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy

    Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of ₹15,798 crore and has delivered an 18.77% return over the last three years.

  • DA hike: Kerala mulls 2% increase in Dearness Allowance by August for extra salary during Onam festivities

    DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.

  • Form 68 explained: Who should file the new exempt income statement, how it works, can it be revised — all FAQs answered

    The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.

  • What is the active share of a mutual fund

    Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.

  • Is a ₹35,000 monthly pension enough in Lucknow? Expert breaks down housing, healthcare, food and daily costs

    Stretching a ₹35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.

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