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Asian shares decline as hopes dim for resolution in Iran after Trump's latest comments

Asian markets opened lower on Monday. Oil prices continued to surge following President Trump’s strong statements on Iran. This escalation has heightened concerns about a wider conflict and disrupted energy supplies. Global markets reacted negatively, with stock indices across Asia…

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Brent crude surges to USD 112 per barrel, up about 56% in 30 days

Brent crude prices have surged sharply by more than 60 per cent since the beginning of the US-Iran-Israel conflict, rising to around USD 112 per barrel on Monday from approximately USD 70 per barrel before the war, reflecting severe disruptions…

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Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief

The global economy is under “major threat” from the energy crisis caused by the Middle East war and “no country will be immune” to its effects, International Energy Agency chief Fatih Birol said Monday. “No country will be immune to…

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JP Morgan Chase settles FPI rule violation case with Sebi

JP Morgan Chase has settled a case with Sebi over alleged Foreign Portfolio Investor rule violations. The bank paid Rs 34.42 lakh to resolve the matter. Sebi found JP Morgan Chase had granted licenses to unregistered entities and delayed acting…

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New I-T Act framework notified; taxpayer relief with stricter compliance from April 1

The rules have raised house rent allowance limits to 50% of salary in eight major cities including Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Pune, Ahmedabad and Bengaluru, while mandating disclosure of landlord-tenant relationships.

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SBI receives Rs 6,338 crore income tax demand for AY24

The demand, which includes interest payment, was raised after scrutiny of the assessment proceedings conducted for the said period, SBI said in a stock exchange notice.

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News

  • How an NRI can fight an ex parte tax order

    You should register on the income tax e-filing portal using your PAN, add your email ID, and update your address to your current foreign residence as an immediate step

  • April 1 Financial Rule Change Highlights: Income tax, salary, PAN, gratuity to undergo massive overhaul as FY27 starts

    April 1 Financial Changes Highlights: A host of new changes are coming into effect from 1 April, 2026, as the new financial year begins. Follow Mint's LIVE coverage of 1 April financial rule changes.

  • Why you lose money holding precious things: The emotional tag

    From empty flats to losing stocks and unused wardrobes, the Endowment Effect makes us overvalue what we own. Here’s how emotional pricing quietly erodes wealth—and how to stop paying the ego tax.

  • You can give mutual funds as a gift card soon. Here is how

    Sebi has proposed prepaid ‘Gift PPIs’ that let you gift up to ₹10,000 for mutual fund investments — a move aimed at easing first-time investors into the market.

  • The noisy pursuit of money versus the quiet creation of wealth

    The obsessive tracking of portfolios, the anxiety over short-term market movements, the urge to trade rather than hold—all of these confuse activity with progress. They mistake the scoreboard for the game.

  • April 1 financial change Highlights: Income tax, salary, PAN card rule changes you should know about as FY27 nears

    Changes from April 1 2026 Highlights: Several financial and regulatory changes will come into force across banking, fuel, income tax and travel from 1 April. These financial changes will have a direct impact on the day-to-day lives of Indian citizens. Follow for LIVE updates.

  • Can you use two health insurance policies for one hospital bill? Here's what experts say

    Many individuals hold multiple health insurance policies, such as a corporate cover and a personal plan. Claiming from both policies is permitted. Here's what policyholders must know. 

  • What are balanced advantage funds? 5 reasons why they can help you navigate market volatility

    Balanced Advantage Funds can help investors manage market volatility through dynamic asset allocation between equity and debt, offering stability, tax efficiency, and disciplined investing for long term wealth creation.

  • How becoming a loan guarantor can hurt your retirement income and credit score

    Pensioners should be mindful when considering becoming a loan guarantor, as a borrower’s default could impact their retirement savings, credit score, and overall financial stability, potentially leading to legal obligations and added financial pressure on a limited income.

  • Is India really one of the cheapest places to retire? ₹1 cr, ₹2 cr or ₹10 cr - How much is enough?

    Most global retirement models assume that individuals retire around the age of 60 and need to fund 20–25 years of expenses. That assumption is quietly becoming outdated.

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