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World Bank endorses PM Modi’s claim of reducing poverty in India

Extreme poverty (living on less than USD 2.15 per day) fell from 16.2 percent in 2011-12 to 2.3 percent in 2022-23, lifting 171 million people in Indian above this line, according to a report by World Bank.

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RBI’s gold buying spree continues! 57.5 tonnes added to gold reserves; second highest in 7 years

The Reserve Bank of India significantly increased its gold reserves by 57.5 tonnes in FY25 amidst global financial instability and rising gold prices. This acquisition, the second largest since 2017, aligns with a global trend of central banks bolstering gold…

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Why gold prices could surpass $4,000: JP Morgan’s bullish outlook explained

JP Morgan forecasts a significant rise in gold prices, predicting it could reach $3,675 per ounce by late 2025 and potentially surpass $4,000 by mid-2026. The surge is driven by macroeconomic concerns and geopolitical instability, with strong demand from central…

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ACC posts highest-ever annual profit of Rs 2,402 crore in FY25, up 3 per cent YoY

Group, has reported its highest-ever annual profit after tax (PAT) of Rs 2,402 crore for the financial year 2024-25, a 3 per cent rise from the previous year.

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Indian households well positioned to support 6.5 pc growth over 3-5 years: Morgan Stanley

The households in India remain well positioned to support 6.5 per cent growth over the next 3-5 years, a Morgan Stanley report said on Friday.

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Geopolitical tensions, trade war fear drove mutual fund redemptions higher: ICRA Analytics

Escalating geopolitical tensions and global trade war fears have triggered a 71% rise in equity mutual fund redemptions over five years, reaching Rs 31,444 crore in March 2025. Despite this, inflows surged 114% to Rs 25,082 crore, reflecting investor resilience.…

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  • 8th Pay Commission: 5 important Gazette provisions that could impact lakhs of employees and pensioners

    The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs. 

  • Reporting capital gains on equity and debt MFs? Here's a step-by-step guide

    While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.

  • Your child's education can help you save tax: Eligibility, rules, limits for school and hostel fee exemption

    Families can save on school fees through tax exemptions for education and hostel allowances from employers. Tuition fees may also also qualify for deductions under Section 80C. Here's everything you need to know about these tax benefits.

  • Income-tax returns: Filing tax as a senior citizen? Tax slab, rebate and marginal relief — here are key things to know

    Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.

  • Karnataka builder failed to give promised amenities for 6 years; RERA intervenes: What you can do if it happens to you

    A Bengaluru homebuyer has been waiting over six years for promised amenities after paying ₹40 lakh for an apartment. He approached Karnataka RERA for relief and partly won the case. Here's what you can do if it happens to you.

  • 8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details

    8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.

  • EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process

    The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.

  • DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements

    DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.

  • ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory

    Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.

  • Pension rules: Orissa HC says government employees can't lose pension over leave alone

    The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.

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