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Reports on GST rate changes for goods and services are speculative: CBIC

The CBIC clarified on the social media platform ‘X’ that the Group of Ministers on GST rate rationalisation has not yet submitted its recommendations, following media reports suggesting a proposed tax hike on sin goods.

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HC: Tax officer’s arrest in 175cr GST scam illegal

The court cited procedural violations that rendered his detention null and void.

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Hyundai Motor Group ties up with IITs to advance battery, electrification research

Hyundai Motor Group has partnered with IIT Delhi, IIT Bombay, and IIT Madras to research batteries and electrification. They will invest USD 7 million over five years from 2025 to 2029. A Hyundai Center of Excellence will be set up…

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BlackRock to buy HPS Investment for $12 bn in major private credit push

BlackRock plans to acquire HPS Investment Partners for about $12 billion in an all-stock deal to expand its presence in the burgeoning private credit market. The acquisition is set to close in mid-2025 and aligns with BlackRock’s strategy to grow…

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Mother Dairy to market co-operative society NCOL’s organic products in Delhi-NCR

Mother Dairy signed an agreement with National Cooperative Organics Ltd to distribute Bharat Organics products in Delhi-NCR. The products include organic atta and sweeteners and Mother Dairy will use its network to offer these products. The collaboration aims to provide…

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Lectrix EV looks to raise USD 100 mn to fund future growth

Lectrix EV, the e-mobility arm of SAR Group, is planning to raise around USD 100 million from external sources next year to fund its growth. The company has invested around Rs 300 crore from internal accruals so far. They will…

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News

  • DA hike July 2026: AICPI-IW rises to 150.8, Dearness Allowance revision awaited

    DA hike July 2026 estimates rise after AICPI-IW reaches 150.8. Here's the latest inflation data, the expected Dearness Allowance revision, the calculation method and the final approval process.

  • 8th Pay Commission FAQs: 10 key facts for central government employees in July 2026

    Big changes are ahead as the 8th Pay Commission enters key discussions in July 2026, covering salary revision, fitment factor and pension updates for central government employees and pensioners. Here are some FAQs and the latest developments.

  • Not all agricultural land sales are tax-free: Check what is taxable and how to report it

    Taxpayers may believe that income tax doesn't apply to agricultural land sales, but this isn't always true. Tax liability depends on location and capital asset classification. Here's what is taxable and how to save taxes. 

  • Gold loans are becoming the biggest driver of consumer borrowing? Here's what RBI FSR report says

    Gold loans have become India's fastest-growing retail credit, recording a CAGR of 42.4% since March 2024, nearly double the 23% growth in non-housing retail loans. 

  • Can your debt mutual fund withstand liquidity pressure? Here's what the RBI financial stability report reveals

    The RBI's stress tests revealed 44 open-ended debt mutual funds breached liquidity thresholds in March 2026. Despite this, the central bank reports no immediate concerns, as affected funds have either rectified the issue or initiated corrective actions.

  • SIP inflows hits record high of ₹32,086 crore in FY26 despite market volatility: RBI FSR | Key takeaways

    Despite market volatility, SIP inflows reached a record ₹32,086 crore in March 2026, according to the RBI's Financial Stability Report. 

  • How much does it cost to relocate to Hyderabad? Microsoft techie says ₹3.6 lakh

    Krish, shared a detailed breakdown of the expenses involved in the move, including rent, security deposit, furniture, appliances and other household essentials.

  • From ₹90,000 salary to ₹15 lakh debt: Viral LinkedIn post explains a financial spiral

    A LinkedIn post by SEBI-registered investment advisor Vivek S G (Sulegai), founder of Wealth Crafts, is resonating with users after he shared the story of a Pune professional whose finances unravelled following a family medical emergency, eventually leaving him with a ₹15 lakh debt burden.

  • Interest rate of small savings schemes remains unchanged for July-September quarter — Check latest PPF, SCSS, SSY rates

    The government has maintained interest rates on small savings schemes for the July-September 2026 quarter, marking the ninth consecutive quarter of unchanged rates. 

  • PFRDA to launch NPS Swasthya with top-up health insurance through insurer tie-ups — here's when it will be live

    Health insurance companies will soon offer top-up health cover to National Pension System subscribers via PFRDA's NPS Swasthya product, set to launch in 60-70 days.

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