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High costs pull India Inc's foreign borrowing down 51%

The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits from Indian equities by overseas investors amid a global scramble for dollar-based…

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Crisis? Yes, but can it be an economic opportunity?

When a crisis appears to be knocking on the door, I am not going to be unrealistically optimistic. Yet, crises also force nations to rethink priorities, and there are several sectors where India initiated conversations years ago but failed to…

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India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shock

Wholesale inflation in India jumped to 8.3 percent in April. This is the highest rate recorded in the current series. Soaring fuel and crude oil prices are the main drivers. This rise impacts mineral oils, natural gas, and manufactured goods.…

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India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

INDIA-BONDS/India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

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Govt turns up heat on induction push, makers asked to ramp up production

In a bold push towards sustainability, the government is calling on manufacturers to ramp up induction cooktop production. With plans to acquire millions of units in the coming year and a half, this initiative signals a significant shift from LPG…

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Outward remittances: NBFCs don't need prior RBI nod for dealer tie-ups

The framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at regulated banks facilitating the transactions.

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News

  • Metal ETFs shine in uncertain market: Should you invest now?

    The performance of metal ETFs depends on the state of the economy, as they invest in industrial metals. While they are expected to grow during economic expansion, they carry more risk than gold and silver ETFs.

  • Planning to invest in a bond SIP? Why it doesn't work like your regular equity SIP

    Running a SIP in fixed income works on a fundamentally different principle than running one in stocks

  • FM Sitharaman asks I-T dept to crack down on tax evaders, ease compliance for honest taxpayers

    Finance Minister Nirmala Sitharaman called for firm actions against tax evaders while prioritising convenience of honest taxpayers. Details here.

  • EPFO: Want to claim provident fund after EPF member's death? Here's how — Stepwise guide for families

    Today, we take a look at how the family (nominees or legal heirs) of an EPF subscriber can claim the provident fund savings amount after the member's death. Here's a stepwise guide…

  • Can't access your EPF account because you forgot your UAN? Here's how to retrieve it online and offline

    EPF members can retrieve their forgotten UAN online via the EPFO portal or through SMS and missed call services.  Details here.

  • ₹9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money

    The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.

  • ITR portal: Govt says managed service provider was penalised in FY26 for outages and due date extension

    The government penalised the MSP of the income tax e-filing portal for an extension of the ITR filing deadline caused by technical issues in FY 2025-26. Here's why an extension this year is unlikely.

  • Fixed Deposits: Should you park ₹10 lakh in one FD or split it? Pros and cons explained

    The better option depends on your financial objectives, liquidity needs, investment horizon and comfort with risk.

  • Pay commission: Salary, allowances, benefits — Check West Bengal 7th pay commission's full list of terms of reference

    The West Bengal government has officially constituted its 7th central pay commission. The finance department's resolution states that the panel will review allowances, salaries and service conditions for state government employees and pensioners.

  • ITR filing 2026: Do you need to disclose both taxable and exempt gifts received from friends and family?

    Gifts received during the financial year may be taxable and need to be reported in the income tax return. Taxpayers should be aware of exemptions and the new reporting field for non-taxable gifts to maintain compliance. 

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