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RBI survey shows uptick in urban consumer confidence in July 2025

The RBI’s July 2024 Urban Consumer Confidence Survey reveals a slight increase in urban households’ sentiment. The Current Situation Index rose due to improved perceptions of income, spending, and economic conditions, despite employment and price concerns. Optimism persists as the…

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India exporters say 50% Trump levy ‘severe setback’

Indian exporters warned that additional US tariffs risked making businesses “not viable” after President Donald Trump ordered steeper levies on Indian goods over New Delhi’s purchasing of Russian oil. But that will be doubled in three weeks, after Trump signed…

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PVR Inox plans box office blockbuster in FY26: 200 million admissions, 100 screens, zero debt in the script, says CFO

How will PVR Inox script its next big blockbuster in FY26? In an exclusive with ETCFO, CFO Gaurav Sharma shared the financial climax of India’s screen business, targeting 180–200 million admissions, 90–100 new screens, and a net debt-free balance sheet.

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New immigration bill proposes $20,000 option for applicants to skip the 10-year green card queue

A bipartisan bill, the Dignity Act of 2025, aims to tackle the US green card backlog by 2035. Spearheaded by Reps. Salazar and Escobar, it proposes a $20,000 premium for those waiting over a decade to expedite their applications. The…

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Private sector may get SOPs in lagging states as govt firms up National Manufacturing Mission blueprint

The government is planning to incentivize private sector investment in manufacturing, particularly in lagging states, and encourage the hiring of more women. The National Manufacturing Mission aims to increase manufacturing’s GDP contribution to 25% by 2047. Niti Aayog is finalizing…

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India-US spat over trade and oil threatens wider fallout

In recent years, successive US administrations, including Trump’s first, carefully cultivated relations with India with an eye on it as a vital partner in long-term efforts to counter the growing might of China.

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  • US shifts $1.7T student loan system to Treasury — what it means for borrowers in default

    While only Congress can formally dismantle the department, the administration is pursuing incremental changes through inter-agency agreements.

  • NRIs selling property in India may have to pay higher taxes: All you need to know

    NRIs reportedly face higher tax implications when selling property in India due to revised capital gains tax rules and increased TDS rates. Proper planning, understanding exemptions, and compliance with regulations are essential to minimise tax liabilities and ensure smooth transactions.

  • What is minimum due on credit card and can not paying full amount affect your credit score?

    The minimum payment is usually about 5% of your total outstanding bill. This is the minimum amount you must pay each month on a credit card.

  • Planning to redeem your mutual funds? Know how FIFO method affects capital gains tax, how it is calculated

    Investing in equity mutual funds is popular for long-term wealth. When redeeming, capital gains tax may apply based on profits and holding periods. The FIFO method determines which units are sold first, impacting tax calculations for short-term and long-term capital gains.

  • 8th Central Pay Commission schedules meetings with unions, associations from 28-30 April 2026 in Delhi — What we know

    8th Pay Commission says it is scheduling maximum meetings with Unions and Associations between 28 to 30 April in Delhi and will hold more meetings in the national capital and in other states “in due course”.

  • How high should your credit score be to secure the best home loan deal?

    The score, which usually ranges from 300 to 900 points, tests one’s capability to pay debts. The significance of a credit score is that it indicates just how creditworthy an individual is.

  • 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…

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