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Hormuz chokehold leaves over 1.7 million tonnes of India's oil, LNG and LPG cargo stranded

Twenty-two Indian ships carrying vital oil and gas are stuck in the Persian Gulf. These vessels are waiting to pass through the Strait of Hormuz amid ongoing conflict. India faces significant disruptions to its energy supplies. Efforts are underway to…

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Nazara Technologies to acquire 50% stake in Spain-based Bluetile, BestPlay for $100 million

Nazara Technologies is acquiring a 50% controlling stake in Spain-based Bluetile Games and its platform BestPlay Systems for $100.3 million, marking its largest deal to date. This strategic move aims to bolster Nazara’s core gaming strategy by integrating Bluetile’s AI-driven…

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From hospitals to govt offices: What counts as 'industry'? & why a 9-judge Supreme Court bench is revisiting a 1978 ruling

India’s Supreme Court is re-examining the definition of ‘industry’ under labor laws. A nine-judge bench is considering if the 1978 ‘triple test’ still applies in today’s liberalized economy. The ruling will impact which organizations, including government welfare activities and private…

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India's tax coffers swell as direct tax collections cross ₹22.8 lakh crore, up 7.2%

The overall net direct tax mop-up includes net corporate tax of ₹10.91 lakh crore, non-corporate tax of ₹11.32 lakh crore and securities transaction tax (STT) of ₹55,717 crore.

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From airlines to chemicals: Iran war may deepen raw (material) wounds, leave India Inc bleeding

Economists caution that rising energy costs and higher freight charges will add to inflationary pressures and squeeze margins in a wide range of sectors, including oil marketing companies (OMCs), fertilisers, ceramics and tiles, paints, tyres, chemicals, synthetic textiles and airlines.

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₹2,200 crore SRS group fraud: ED restores properties worth ₹650 cr to over 2,300 homebuyers

Enforcement Directorate has successfully restored immovable properties worth ₹650 crore to 2,312 genuine homebuyers allegedly defrauded by SRS group, people in the know said.

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News

  • Sold a residential property? Here's how you can save tax on capital gains

    Long-term capital gains from property sales are eligible for tax exemptions if reinvested in another residential property within specified time frames. Here's how to park your capital gains in the meantime and claim exemption.

  • Facebook privacy settlement: Second round of payouts to begin from June 9 — Check eligibility and amount

    Facebook users part of the $725 million privacy settlement will receive second payments starting June 9. Check whether you are eligible for the payout and the amount that you may receive.

  • Why you should file your ITR before by the deadline: Top 3 benefits for taxpayers

    The ITR filing season for FY 2025-26 is ongoing, with forms notified. Filing late can cause stress, errors, and penalties. Here's why you must file your ITR within the due date.

  • 8th pay commission: Here's how much will the salary hike with 3.83 fitment factor — Check proposed increase

    The 8th Pay Commission, established in November 2025, is gathering inputs until June 15, 2026. Amid this, some of the proposals put forth to the commission include increase in fitment factor over 3.80 by multiple employee representatives.

  • Are tokenized funds a threat to mutual funds and ETFs? Explained

    Tokenisation of funds is the process of representing shares in a traditional investment vehicle—such as a mutual fund, ETF, or private equity fund—as digital tokens on a blockchain.

  • ₹6.75 cr to raise a child in India! Influencer shares shocking details of school inflation hitting parents

    A detailed calculation of raising a child in metro cities of India has left people surprised. Reportedly, the school fees are rising at a rate of 10 to 12 per cent per year. Check it out.

  • Dearness Allowance: Assam, Bihar, Odisha, Tamil Nadu, Arunachal, UP — How much DA hikes have states announced so far?

    Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu and Uttar Pradesh have announced DA hikes in 2026 so far. Here's a look at how much increase each state has rolled out for employees…

  • ‘Capital has no nationality,’ FII are selling India despite the growth story – 5 key factors to look at

    FIIs withdrew roughly ₹1.98 lakh crore in the first four months of 2026 alone, vastly exceeding the ₹1.66 lakh crore withdrawn in all of 2025.

  • Data analyst turns to Reddit for advice as ₹36 lakh p.a. offer in Mumbai pays less in-hand than ₹25 lpa Gurugram job

    A data analyst has sought advice on Reddit after he received a job offer for ₹36 lakh pa salary in Mumbai, which gives him less in-hand pay compared to his current ₹25 lpa job in Gurugram. Here's how netizens reacted…

  • I asked ChatGPT to skip overcrowded Shimla and Manali for a relaxing June holiday – These hidden gems made the cut

    The favourite hill stations of Himachal Pradesh and Uttarakhand—Shimla, Manali, Mussoorie, Nainital, and Kullu—are often packed with tourists during the summer months.

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