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Fiscal deficit at 17.9 pc of full-year target in Q1: CGA data

India’s fiscal deficit reached 17.9 percent of its full-year target by June. The Controller General of Accounts released the data. The fiscal gap for April-June 2025-26 stood at Rs 2,80,732 crore. Net tax revenue was Rs 5.4 lakh crore, 19…

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Rupee suffers worst monthly drop since 2022 on tariff blow, portfolio outflows

The Indian rupee suffered its worst monthly drop in nearly three years on Thursday, weighed down by U.S. tariff concerns and persistent portfolio outflows, with traders and analysts seeing little relief for the currency in the near term.

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India fastest growing major economy, Trump’s perception of ‘dead economy’ misplaced: Analysts

Despite US President Trump’s “dead economy” remark, international agencies like the IMF project India as the fastest-growing major economy. Experts highlight India’s dynamic economy, youthful population, and technological prowess, attracting foreign investment and talent. The IMF commends India’s prudent policies…

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Nuvama shares fall 4% on reports of income tax search in connection to Jane Street case

Nuvama Wealth Management shares fell nearly 4% after Income Tax officials searched its offices in connection with the Jane Street market manipulation case. Although not directly accused, Nuvama’s link as Jane Street’s Indian partner has spooked investors amid regulatory scrutiny.

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After RBI nod, fintech Xflow plans global payments expansion

RBI’s in-principle approval to operate as an online payment aggregator for cross-border transactions is a major milestone in our mission to make global payments seamless for Indian SMBs, says Anand Balaji.

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Everybody, except PM, FM, know Indian economy is ‘dead’: Rahul Gandhi

Rahul Gandhi asserted that the Indian economy is “dead,” echoing Donald Trump’s sentiments and criticizing Prime Minister Modi and Finance Minister Sitharaman. He accused the BJP government of decimating India’s economic, defense, and foreign policies, favoring Gautam Adani’s interests.

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News

  • How to lock in premiums and navigate portability while upgrading health insurance?

    A 38-year-old with ₹10 lakh family cover weighs unlimited sum insured and multi-year health plans, seeking clarity on benefits, portability rules and upgrade flexibility.

  • EPFO 3.0 PF withdrawal rules: How much provident fund balance can you withdraw using ATM and UPI?

    EPFO 3.0 features: One of the most significant changes under EPFO 3.0 is the availability of the option to withdraw PF money using ATM and UPI.

  • Gratuity payment: What are the new rules? How is gratuity calculated? Key FAQs answered

    There are significant changes in gratuity rules for fixed-term employees. Employers are now required to pay gratuity on termination of contract of such employees after completion of one year of service.

  • Loan against PPF: What is it? Who can avail loan against Public Provident Fund? Interest rates and how to repay

    A loan against PPF is a facility available to all account holders who are not yet eligible for premature withdrawals. It allows you to borrow money against your PPF balance at a nominal interest rate

  • Positioning portfolio to navigate uncertainty

    Amid the US- Iran war, trade disruptions and energy uncertainties, a common question persists: does this environment warrant a portfolio rethink?

  • How to plan summer holidays amid soaring airfares due to West Asia war

    The West Asia war and rising fuel costs have pushed international airfares from India up by 30%, triggering a massive shift toward domestic tourism. Travellers are navigating a complex landscape of devalued currency and airspace closures.

  • PPF: Can a Public Provident Fund account be closed prematurely?

    While the PPF carries a mandatory 15-year lock-in, accounts can be closed after five full financial years, but only under specific circumstances

  • From pension disbursal system to auto settlement, how EPFO 3.0 reforms have improved user experience

    EPFO 3.0 represents a comprehensive digital overhaul of the retirement fund's IT infrastructure, with full implementation expected by mid-2026

  • 8th Pay Commission: From old pension scheme to improved questionnaire - full list of demands by Govt staff body

    The Staff Side of the NC JCM has urged the 8th Pay Commission to improve the memorandum submission process, among other demands. List of all nine demands here.

  • ITR filing for AY 2026-27: Don't miss these crucial changes in Form 1

    The government has updated Income Tax Return forms for Financial Year 2025-26, effective 1 April 2026. Here are the key changes and how to avoid scrutiny after filing tax returns.

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