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Apple offers $100 million to undo Indonesia’s iPhone 16 ban

Apple has significantly increased its investment proposal to Indonesia, from nearly $10 million to almost $100 million over two years, in an attempt to overturn a sales ban on the iPhone 16. The Indonesian government, however, is requesting that Apple…

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Services tax surplus and robust remittances may help India in overcoming tariff hikes by US: CRISIL

The tariff hikes proposed by Donald Trump may pose threat to India’s exports but the country’s surplus in services trade and robust remittances flow may provide comfort, highlighted a report by CRISIL.

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X faces hiccups in influencer-led monetisation push in India

A Kantar survey report in September pointed out a declining trend of brand spending on X. It stated that 26% of marketers are planning to spend fewer of their ad dollars on X in 2025 – the biggest recorded pullback…

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Capex companies will face a longer winter than consumer companies: Ajay Srivastava

Ajay Srivastava, CEO of Dimensions Corporate, believes that while the Indian market has faced difficulties, a reversal is underway. He sees positive signs in retail sales, particularly in sectors like two-wheelers, appliances, hotels, and aviation. However, he cautions that capex…

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Rupee holds ground; cenbank intervention counters outflows, dip in Asia FX

The Indian rupee ended nearly unchanged on Monday, supported by the central bank’s market intervention as portfolio outflows and a decline in most Asian currencies weighed on the local unit.

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Emerging India Focus Funds settles FPIs violation case with Sebi; pays Rs 64.35 lakh

The Securities and Exchange Board of India (Sebi) initiated adjudication proceedings against the applicant and issued a showcause notice in February for the alleged violations of FPI Regulations and Intermediaries Regulations.

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News

  • EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered

    EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.

  • Can you gift overseas property tax-free? What returning NRIs and OCIs should know

    Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.

  • Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report

    Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…

  • From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances

    Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.

  • How NRI money could allow Indian banks to lend more to businesses? Axis Bank CEO explains

    Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.

  • 8th pay commission: Check how much salary could increase with conservative 2.1 and optimistic 3.83 fitment factor

    8th pay commission: Multiple groups, industry watchers, and reports estimate fitment factor could rise up to 3.83. Today we calculate how the conservative and optimistic estimates could each impact your salaries

  • How rupee movements directly affect your gold ETF returns: Experts explain the impact

    For Indian investors, gold ETF returns are driven by global gold prices and currency movements. A weaker rupee can amplify gains, while a stronger rupee can reduce them. However, experts caution against making investment decisions solely on exchange rate expectations.

  • Axis Greater China Equity FoF vs Edelweiss Greater China Equity Offshore Fund: Risks, returns and portfolio compared

    Edelweiss Greater China Equity Offshore Fund has delivered slightly higher average returns and marginally better risk-adjusted performance, while the Axis Greater China Equity FoF has experienced lower volatility and has a higher Sortino ratio.

  • Dearness Allowance: What is DA merger and why the issue is in focus now, explained

    Dearness Allowance: DA and DR are revised twice annually based on the All-India Consumer Price Index (AICPI) formula as prescribed under the 7th central pay commission. Today, we explain DA merger and why the issue is in focus now.

  • Can your tax refund be denied if you missed filing ITR last year? Here are your options

    Missing the income tax return deadline doesn't eliminate the possibility of claiming a refund for excess tax deduced in FY 2024-25, but options are limited. Details here. 

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