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Trump tariff blow set to ripple through India’s economy and banks: Fitch’s CreditSights

India’s economy is bracing for impact as the US prepares to double tariffs on Indian exports in retaliation for continued Russian oil imports. CreditSights anticipates a manageable but noticeable hit, with GDP growth potentially slowing and key sectors like textiles…

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India’s economy and youth to fuel 30+ years of growth: IKEA

IKEA anticipates significant growth in India over the next three decades. This is due to India’s strong economy and young population. The company plans to increase local sourcing to 50 per cent by 2030. IKEA is expanding its presence with…

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India’s housing prices rise 7.7% annually, ranks 15th globally in Q1

India’s housing market demonstrates robust growth, securing 15th position globally with a 7.7% nominal price increase in Q1 2025. Strong domestic demand, rising incomes, and investor confidence fuel this positive momentum. Experts anticipate continued resilience throughout 2025, driven by economic…

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US tariffs not to impact India’s growth; no threat to positive outlook on sovereign rating: S&P

S&P Global Ratings says Trump tariffs will not impact India’s growth. India’s sovereign ratings outlook remains positive. India is not a trade-oriented economy. Exports to the US are a small part of India’s GDP. Many businesses invest in India for…

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India’s economy continues on fast-growth track: CEA Nageswaran

The overall momentum of the Indian economy has not slowed, as is evident from high-frequency indicators and although trade-related issues are important, they should not overshadow other critical challenges, the government’s Chief Economic Advisor (CEA) V. Anantha Nageswaran said on…

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Rupee-rouble rule: RBI clears path for faster India-Russia payments

Amid growing interest in rupee-rouble transactions, the Reserve Bank of India has simplified rupee trade settlements with Russia. This move allows authorized banks to open special rupee accounts, streamlining payments and reducing reliance on the dollar. Challenges remain due to…

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  • New ITR-4 form introduces mandatory investment disclosure for presumptive taxpayers: Here's how to file step-by-step

    To file ITR-4 for AY 2026-27, visit the Income Tax e-Filing Portal, verify details, enter income and deductions, validate the form, and submit using Aadhaar OTP or EVC. Eligibility includes earning under ₹50 lakh from business, with specific conditions for freelancers and property owners.

  • 8th Pay Commission: Teachers' body demands ₹50,000 basic pay, higher HRA, annual increments, old pension scheme—Details

    PSNM demands a minimum basic pay of ₹50,000 for Level 1 employees and ₹1,34,500 for Level 6 teachers in the 8th Pay Commission. Key demands include higher HRA, annual increments, merging basic pay with DA, and restoring the Old Pension Scheme.

  • Will govt employees be paid DA, DR arrears for Covid times ahead of 8th Pay Commission? What we know

    Central government employees and pensioners await DA and DR arrears from the COVID-19 period. The Finance Ministry confirmed in 2020 that these payments cannot be released, despite ongoing demands. A recent increase of 2% in DA and DR has been approved, effective January 1, 2026.

  • DA hike: How much monthly increase in salary does each employee level get from 2% jump in dearness allowance?

    The Ministry of Finance said Dearness Allowance (DA) payable to central government employees shall be increased from 58% to 60% of Basic Pay, with effect from 1 January 2026. Here's how much that impacts the monthly income…

  • Income-Tax returns: Taxpayers get rebate under Section 87A — Check here for eligibility, limit and rules, explained

    Rebate under Section 87A reduces tax for low to middle-income earners, with different income limits applicable under the old tax regime and the new regime. Check details for eligibility, limits and rules here…

  • Switching health insurers? Here’s how to keep your waiting period benefits

    From porting health insurance without losing waiting period credits to increasing term cover as income rises, here’s what policyholders need to know before making a move.

  • WFH employee moves to Manali, reveals monthly expenses to enjoy snow, free WiFi, homecooked food

    A 23-year-old marketing strategist shared her monthly expenditure in Old Manali. She divided it into non-negotiable and discretionary expenses, giving a reality check of life in the mountains.

  • 5 common credit card mistakes you should avoid

    Credit cards are essential for daily expenses, aiding travel with convenience and rewards. However, misuse can lead to debt and low credit score. Here are 5 common credit card mistakes one should avoid at any cost.

  • ‘I asked ChatGPT how to spend my first ₹50,000 salary’: Check how AI gave Gen Z structured personal finance advice

    I told ChatGPT: ‘I’m Gen Z, fresh into my first job in Bengaluru after moving away from home. My first salary is ₹50,000. So, how to spend it?’ Here's the AI response. 

  • Income-Tax returns: How senior citizens can save tax through benefits and exemptions while filing ITR, explained

    Indian I-T rules allow senior citizens some relief in taxes through deductions, exemptions and compliance activities, that they can use to reduce liability. Here's a look at what's available, which tax regime to choose and how investment planning can help finances and taxes.

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