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US trade talks: Trump makes big tariff statement again, puts ball firmly in India’s court

US President Donald Trump announced that the US and India are nearing a trade deal with reduced tariffs, aiming for fair competition. Negotiations are intensifying before the July 9 deadline to avoid the reinstatement of 26% reciprocal tariffs. India is…

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Loans flow at a faster clip into MSMEs; asset quality up, too

MSME lending outpaced retail and services sectors in FY25, growing by 14.1% amid overall deceleration in bank credit. The surge was supported by improved asset quality, with a decline in subprime borrowers and gross NPA ratio. Government credit guarantee schemes…

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Indian CV industry wholesale volumes likely to grow 3–5% in FY26: ICRA

The Indian commercial vehicle industry anticipates a modest 3–5 per cent growth in FY26, fueled by infrastructure projects and a stable economy. While May 2025 saw a slight increase in wholesale volumes, retail figures declined, indicating inventory challenges. The M&HCV…

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ICRA projects moderate 2-3 pc growth for Indian IT sector in FY26, maintains stable outlook

​ICRA’s analysis, based on a sample of 15 leading IT companies representing approximately 60 per cent of the industry’s revenue, indicates that the sector will experience modest revenue growth of 2-3 per cent in FY2026, slightly lower than the 2.9…

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RBI appoints Kesavan Ramachandran as new Executive Director

Reserve Bank of India has announced the appointment of Shri Kesavan Ramachandran as the new Executive Director. He will assume the role on July 1, 2025. Ramachandran previously served as Principal Chief General Manager in Risk Monitoring Department. He brings…

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SBI Cards shares in focus after GST show cause notice on input tax credit

Shares of SBI Cards and Payment Services are in focus after the firm disclosed a GST show cause notice for alleged wrongful ITC claims worth Rs 81.93 crore for FY19 to FY21. The notice cites mismatches in tax filings and…

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  • Income-tax returns: Forms, disclosures, details and documentation — Top 10 common mistakes to avoid while filing ITR

    From using appropriate forms, to making proper income disclosures, filling correct details and attaching documentation for proof — Here are the top 10 common mistakes to avoid while filing your returns.

  • Bank FDs earn up to 7.75% in May 2026! Check latest interest rate — Compare SBI, HDFC, ICICI and Yes Bank fixed deposits

    FD rates comparison: Here's a look at the latest bank fixed deposit rates offered by the biggest lenders State Bank of India, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and Yes Bank.

  • Aadhaar gearing for ‘new look’? IT Ministry says no such plan, speculation ‘not correct’ — Here's all we know

    The IT Ministry clarifies that it has no plans for a “new look” for its Aadhaar cards, adding that such speculation is “not correct”. Here's what's new for the government's biometric ID so far in 2026.

  • 6 essential emergency fund rules every Indian household should know to stay debt-free

    Emergency fund rules help households build financial resilience. It is imperative to maintain 3–6 months' expenses, keeping funds separate, prioritising liquidity, starting small, refilling after use, and reviewing annually for stability. 

  • Struggling with a credit score below 650? 6 simple ways to improve it and boost loan approval chances

    The strategy to improve a credit score below 650 focuses on timely EMI payments, reducing credit utilisation, limiting loan applications, clearing high-interest debts, maintaining old accounts, and regularly monitoring credit reports for accuracy.

  • Safe personal loan EMI on ₹30,000 salary: Simple budgeting tips explained

    Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.

  • Can cancelling a credit card hurt your score? Here's how to minimise the impact on your credit history

    A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history…

  • I-T returns: Want to verify if your Income-Tax notice is authentic? Here's a stepwise guide for how to do so

    Filing income tax returns online has simplified the process, but it can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity.

  • 5 reasons strong savings rate matters more than market returns in building a secure and sustainable retirement plan

    A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.

  • Salary ₹50,000? Here’s how much PF corpus you can build in 20 years

    EPF corpus from a ₹50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching ₹40–60 lakh with salary increments.

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