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Indian rupee strengthens against US dollar

The Indian rupee strengthened to 87.22 against the US dollar at open on Monday following a volatile week after continued FII selling and US President Donald Trump’s 25 per cent tariff announcement on the country.

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3-day RBI MPC begins, economists suggest 25 bps cut to mitigate impact of US tariffs

The much-awaited Reserve Bank of India’s Monetary Policy Committee (MPC) meeting from August 4-6 comes at a time when the global economy is facing fresh challenges amid US tariffs – with India set to face 25 per cent tariffs from…

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Not acceptable for India to continue financing Ukraine war by purchasing oil from Russia: Trump aide

A top aide to Donald Trump accuses India of undermining American interests by imposing high tariffs, engaging in immigration policy “cheating,” and financing the Ukraine war through Russian oil purchases. Trump plans to impose a 25% tariff on India, plus…

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Big Tech continues to hire in India even as local majors downsize

Global giants under the FAAMNG umbrella – Facebook parent Meta, Amazon, Apple, Microsoft, Netflix, and Google – have grown their India headcount across their own and their affiliate entities by 16% over the past 12 months, data from staffing firm…

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ET Exclusive: ED to question bank officials over Rs 17,000 cr loan fraud linked to Anil Ambani-led Reliance Group

The Enforcement Directorate will summon bank officials who sanctioned ₹17,000 crore in loans to Anil Ambani’s Reliance Group as part of a money laundering probe. ED seeks details on credit assessments and actions taken after defaults. The agency recently arrested…

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Centre plans entry norms for private sector in nuclear power push

India is considering allowing private companies to operate nuclear power plants by setting qualifying criteria focused on financial health, technical expertise, and large-scale project experience. Proposed changes to the Atomic Energy and Civil Liability for Nuclear Damage Acts are under…

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News

  • Advance tax: How to check and download challan, make corrections in case of errors — step-by-step guide

    The advance tax payment deadline was on 15 March. Taxpayers can check your payment status online, check and download your payment challan and make corrections. Here's where and how…

  • Missed advance tax final instalment deadline? Here's what taxpayers should do now to avoid higher penalties

    Taxpayers who missed the 15 March advance tax deadline can still make the payment. However, delays incur interest under Sections 234B and 234C. Here's what they should do now. 

  • Tax harvesting can save money—but it can also derail your portfolio

    As investors rush to optimize taxes before the financial year ends, experts warn that tax harvesting can trigger poor portfolio decisions and behavioural mistakes that undermine long-term returns.

  • A ₹38 lakh hospital bill—and the top-up claim that took months

    Top-up policies are a cost-effective way to boost health insurance cover, but deductibles, paperwork and insurer coordination can complicate claims.

  • I bought an apartment in 2013 but registered it only in 2025. What is the year of acquisition?

    If you had entered into an agreement with the builder in 2013 and the registration was undertaken only in August 2025, the date of acquisition would be the date of the agreement, i.e. 2013, and not the date of registration.

  • Can I use MF sales proceeds to pay home loan and get Section 54F benefit?

    Section 54F exemption is unavailable because the residential property was acquired more than one year before the sale of the MF units. While the exemption fails the timing criteria, taxpayers can still use Section 80C and Section 24 deductions for principal, interest repayments under old tax regime.

  • Advance tax deadline today: Can you pay the final instalment on 15 March via credit card?

    The final advance tax payment deadline for FY 2025-26 is 15 March 2026. Payments can be made via the e-filing portal, including credit cards, which may incur fees. Details here. 

  • How global reporting may pull crypto bets out of the grey zone

    Through a series of legislative changes in 2025 and 2026, India has operationalized a reporting framework aligned with the OECD’s Crypto-Asset Reporting Framework, aiming to move crypto from an opaque asset class into a transparent financial instrument.

  • Gold investment taxation explained: Jewellery, gold ETF vs sovereign gold bonds

    The investments in gold products of this category are treated as capital asset under the income tax laws so any gains realised over its acquisition cost is taxed under the head ‘capital gains’.

  • The Netherlands’ new tax experiment—and why investors should worry

    The Netherlands plans to tax unrealized investment gains from 2028. India’s experience with punitive wealth and income taxes in the 1970s shows why taxing paper wealth can distort markets and behaviour.

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