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Dozens of countries with no deals face higher tariffs as trade deadline looms

President Trump’s administration is implementing new tariffs on numerous countries, impacting the global economy. While some major trading partners like the EU and Japan have reached agreements, they still face higher duties. Countries without deals, including Canada and India, face…

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Affordable housing finance sector’s AUM to hit ₹2.5 lakh crore by FY28: ICRA

ICRA projects affordable housing finance companies’ assets to surge to ₹2.5 lakh crore by FY28, fueled by home loan demand and limited unsecured credit. NBFCs and AHFCs mortgage loans are expected to grow significantly, driven by self-employed borrowers and smaller…

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India’s Manufacturing PMI hits 16-month high at 59.1 in July

India’s manufacturing sector gained momentum in July, with the seasonally adjusted HSBC India Manufacturing PMI climbing to 59.1, up from 58.4 in June, marking a 16-month high. The improvement was fuelled by strong growth in new orders and output, supported…

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Sebi proposes to cut retail quota in large IPOs, raise QIB allocation

Securities and Exchange Board of India, Sebi, suggested revisions for big Initial Public Offerings. The proposal includes increasing the allocation limit for institutional buyers. It also suggests reducing the share reserved for retail investors. For IPOs exceeding ₹5,000 crore, retail…

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Anil Ambani summoned by ED in ₹17,000 crore loan fraud investigation

Anil Ambani has been summoned by the Enforcement Directorate for questioning in connection with an alleged `17,000-crore loan fraud case. Searches were conducted at multiple locations linked to Reliance Group. SEBI shared findings of a probe into alleged diversion of…

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IndusInd Bank announces exit of Internal Audit Head Jyoti Prasad Ratho

IndusInd Bank has made an announcement. Jyoti Prasad Ratho, previously the Head of Internal Audit, is no longer a part of the Senior Management Personnel. This change was announced on Wednesday. The bank has officially communicated Ratho’s departure from the…

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  • Applying for a loan, requesting a credit report? Here's how your credit score is calculated in India

    Credit scores, ranging from 300-900, indicate credit risk to lenders based on past behavior. Scores can be improved through timely repayments and responsible financial habits. Here's what factors determine your score…

  • RBI updates auto-debit rules: Here's what changes for UPI, card payments

    The central bank updated its rules on customer auto-debit transactions this month. Here's a look at what changes the RBI has mandated for digital payments using credit and debit cards and UPI.

  • Credit report: Does your spouse's credit history impact your creditworthiness? Check key factors, how to maintain score

    A clean credit profile is important when you apply for a credit card, home loan, mortgage or personal loan in the future. Here's whether your spouse's credit history and score can impact your own, and what factors you must consider…

  • DA: Differences between Dearness Allowance and House Rent Allowance, explained

    Dearness Allowance for central government employees is adjusted twice a year to offset inflation, with the recent revision increasing it from 58% to 60% of Basic Pay effective January 2026. Here's a look at how it differs from HRA component…

  • NPS unclaimed money: How to recover your funds with interest and secure your pension

    Hidden savings could still be yours, NPS unclaimed money can be recovered with interest through a clear process, helping subscribers secure missed pension contributions and strengthen long term financial planning.

  • No more OTP hassle: how RBI’s new e-mandate rules smooth out high-value payments

    The standard threshold remains at ₹15,000 for everyday subscriptions such as streaming services, utility bills and gym memberships, which will continue to be processed without an OTP.

  • 8th Pay Commission: Is the 8th CPC also applicable for state government employees? Top FAQs answered

    Established by the government every 10 years to revise pay for its employees, the Central Pay Commission is responsible for decisions on allowances, contributions, retirement and pension benefits and government spending. 

  • EPFO campaign deadline tonight: Last chance for employers to enrol left-out employees

    The EPFO's 'Employees’ Enrolment Campaign 2025' allows employers until 30 April 2026 to declare previously unregistered staff without penalties, promoting transparency and compliance while expanding social security benefits for workers.

  • ITR filing: Key strategies to maximise savings and reduce tax liability

    Taxpayers must plan their finances for the 2026-27 financial year, taking into consideration income tax rules, exemptions and deductions to assess their tax liability. Here's how you can maximise your savings.

  • 8th Pay Commission: Staff Side (NC-JCM) submits major demands on salary, pension and promotions; check details

    Major push for pay and pension reform under the 8th Pay Commission as the Staff Side submits key demands on salary, NPS, leave, and promotions. Check details here.

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