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CBIC eases procedures for SEZ export cargo amid Strait of Hormuz disruption

The CBIC has issued new guidelines for handling export cargo from SEZs affected by shipping route disruptions. Exporters can now cancel ‘Let Export Order’ or ‘Shipping Bill’ at the SEZ. Customs will allow cargo return or rerouting without bringing it…

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Why stock market is rising today? Sensex surges over 700 pts, Nifty tops 24,000. 4 key reasons behind Rs 4 lakh crore gains

Indian stock markets surged Friday, with Sensex and Nifty climbing significantly on hopes of an Iran-US ceasefire and falling oil prices. Positive global cues and a strengthening rupee also boosted sentiment. Despite some IT and pharma stock dips, broader market…

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Consumer durables growth muted as demand slows, margins shrink: HDFC Securities

The Indian consumer durables sector is expected to remain under near-term pressure amid weak demand trends and rising input costs, even as select categories and structural drivers support a gradual recovery over the medium to long term, according to a…

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RBI to conduct Rs 2 lakh cr 7-day VRRR auction on Friday

The Reserve Bank of India will conduct a Rs 2 lakh crore Variable Rate Reverse Repo auction next Friday. This move addresses the current surplus liquidity in the banking system. The auction aims to absorb excess funds. This proactive measure…

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Gujarat HC pulls up CBDT for 11-year non-compliance on ITR utilities, seeks affidavit; warns of strict action

Court flags failure to follow 2015 order mandating April 1 release of e filing utilities, directs remedial roadmap.

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India caps refinery margins after windfall export tax to cushion fuel losses

India has capped refinery margins to cover losses on domestic fuel sales. This follows a windfall tax on fuel exports. The move aims to balance costs as international oil prices surge. Retail fuel rates have remained unchanged, impacting oil marketing…

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  • What great minds like Benjamin Graham and Warren Buffett think about investing—timeless lessons you shouldn't ignore

    What great minds like Benjamin Graham and Warren Buffett think about investing—timeless lessons you shouldn't ignore

  • ITAT cancels employee's ₹10 lakh penalty for non-disclosure of ESOPs in ITR. Here's how you can avoid the same mistake

    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 omission was accidental and there was no intent to conceal income, as the shares were already taxed.

  • Shriram Finance revises fixed deposit interest rates from 6 May — Check details here

    Shriram Finance has revised its fixed deposit interest rates effective 6 May 2026, following upgrades to its credit ratings by CARE Ratings, CRISIL Ratings, ICRA, and India Ratings. Here's all you need to know:

  • Salary arrears, pension or FNF increasing your income tax liability? Here's which form to use to reduce tax burden

    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 under Section 157(1) of ITA 2025. Here's all you need to know…

  • I asked ChatGPT and Gemini how much home loan I can afford on ₹7–9 LPA income. The answer wasn’t what I expected

    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

  • Sovereign Gold Bonds: Investors can avail early redemption for this SGB series tomorrow; here's how much you gain

    The RBI has announced premature redemption for Sovereign Gold Bonds on 20 April 2026. Investors stand to gain over 200% from their initial investment, benefiting from both capital appreciation and 2.5% annual interest during the holding period.

  • ITR Filing 2026: NBFC, HFC fixed deposit interest must now be declared under schedule OS — Here's what changed

    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 report before 31 July 2026.

  • 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 financial map can prevent chaos.

  • Balanced advantage funds move in sync with markets—but not in the same way

    India’s top five BAFs in terms of investor assets cut and add equity through the cycle, but differences in models drive sharp variation in timing, range and conviction.

  • Akshay Tritiya 2026: 31% Indians feel cheated buying silver; 93% back mandatory hallmarking, reveal survey

    A survey reveals that 31% of consumers feel cheated when buying silver, with 93% supporting mandatory hallmarking to ensure purity and quality of silver products.

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