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Sensex tanks over 1,000 pts ahead of Fed rate decision

During Tuesday’s session foreign funds lost stocks worth Rs 6,410 crore while domestic funds were net buyers at Rs 2,706 crore, BSE data showed. Among the sensex stocks, HDFC Bank, Reliance Industries and Bharti Airtel contributed the most to the…

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Inflation risks roughly balanced as rate cuts signal caution: Fed Chair Jerome Powell

US Federal Reserve Chair Jerome Powell highlighted a cautious outlook after the central bank cut key interest rates by 0.25% to 4.25% to 4.5%. ​​Inflation has eased but remains slightly elevated, with projections of 2.4% for this year and 2.5%…

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US Federal Reserve cuts key interest rates by 0.25%

The US Federal Reserve lowered interest rates by 0.25%. This is the third rate cut in a row. Inflation has been rising recently. The Fed’s move comes before Donald Trump replaces Joe Biden as President. Trump has proposed economic changes,…

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Rate rationalization on insurance part of agenda for next GST Council meeting: Sources

The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.

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‘Govt expects to recover 6k cr GST dues under amnesty plan’

“The scheme will be in force till March 31, 2025, for the recovery of the outstanding Rs 54,000 crore, including Rs 27,000 crore towards the disputed tax and the rest in penalty and accumulated interest,” Pawar said in the legislative…

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GST authorities, e-gaming companies in race against time

The Indian online gaming industry faces a critical deadline as tax authorities prepare to finalize demands based on show-cause notices. The Supreme Court is hearing a case challenging the 28% GST levied on betting amounts, with the industry arguing it…

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News

  • EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained

    EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.

  • ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers

    The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.

  • 8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries

    The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.

  • When should young investors pivot from aggressive bets to capital preservation for retirement?

    During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.

  • HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

    HDFC Bank has revised its SmartBuy rewards program, introducing a cap on reward points for brand voucher purchases on major premium credit cards. Here's what changes for customers.

  • Buying the dip vs SIP: Which strategy delivers better returns? Here's what math says

    Market swings often lead investors to seek ideal buying moments. However, historical data shows systematic investment plans outperform market timing strategies, as cash on the sidelines incurs opportunity costs. 

  • EPF Scheme 2026 notified under Social Security Code: New withdrawal rules and other changes you should know

    The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.

  • SK Hynix heads to Nasdaq: Should Indian investors choose it over Micron? Which is the better long-term bet?

    SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.

  • Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold

    Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.

  • Selling property or stocks? These 5 smart hacks can help you save capital gains tax

    Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.

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