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Sensex tumbles over 1,000 points, Nifty below 24,700; IT, bank stocks top drags

Indian benchmark indices Sensex and Nifty experienced a decline on Tuesday morning, reversing gains from the previous day’s surge. This downturn followed a fragile ceasefire agreement with Pakistan. While some stocks like Sun Pharma saw gains, Infosys and Kotak Mahindra…

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India proposes retaliatory duties against US on steel, aluminium duties at WTO

India has proposed retaliatory tariffs on specific American goods under WTO guidelines, responding to US duties on steel and aluminum. New Delhi asserts that the US measures impact $7.6 billion worth of Indian exports, potentially costing $1.91 billion in duties.

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GST returns: Experts say new HSN code and invoice reporting rules to curb tax leakages and improve filing accuracy

With GST returns for May 2025 onwards, businesses must now mandatorily pick HSN codes from a system list and report the complete invoice series. Experts say this move will curb tax leakages, prevent backdated billing, and bring uniformity in return…

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Microfinance NPAs may ease from H2 FY26 as banks grapple with Q4 hit

Despite the near-term challenges, banks and analysts anticipate that the stress in the microfinance segment will gradually subside, with a clearer recovery trend emerging in the latter half of FY26.

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Common Empanelment sparks industry shift; Insurers seek oversight and fairer hospital pricing

IRDAI’s common empanelment drive is underway, with insurers onboarding 4,000 – 5,000 hospitals for a cashless network. With the PMJAY pricing model expanding its reach in the health insurance space, ETBFSI spoke to insurers to understand how this shift could…

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Demand recovery likely to be gradual, says Britannia MD

Britannia’s MD Varun Berry anticipates a gradual demand recovery extending into next year, emphasizing revenue and volume growth as key targets for this fiscal year. Despite recent price increases to combat inflation, the company hopes for healthy growth in both…

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News

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

  • How to ensure your retirement corpus does not run out early

    With proper planning, a little bit of caution and effort, you can have a smooth retirement. 

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