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Bankers, economists expect RBI to cut key interest rate in second half of FY25

RBI kept benchmark interest rate unchanged at 6.5%, instilling confidence in the market. Expectations of repo rate cut in FY25. Monetary Policy Committee meet post elections focused on inflation and economic growth. The central bank also retained its projection for…

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New govt to continue to maintain focus on infra sector: Icra

The new Indian government will focus on infrastructure, with higher outlays towards railways, roads, and water, according to Icra. Narendra Modi will assume the role for the third time, but with a smaller-than-expected election victory, the BJP will share power…

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What happens to India’s startups with a coalition government at the Centre? Here is what they want

As a new coalition government gears up, startups call for clearer regulations, simpler relocation processes to India, and a more straightforward legal framework. Tax department’s approach, including issues like angel tax and GST notices, concerns the industry. Simplified registration, advocated…

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Central Excise Bill may be introduced in budget session

The Centre is set to introduce the Central Excise Bill, 2024 to replace the outdated Central Excise Act, 1944 and align excise law with GST and customs. The bill aims to reduce compliance burden, enhance transparency, and address excise duty…

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Not just employers with benefits! India Inc looks to be more to woo talent

Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries. Cos offer new-age perks like cash for self-development, health insurance for siblings and pet care to woo talent

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Google is getting a new CFO, Anat Ashkenazi; she comes from drug maker Eli Lilly

Anat Ashkenazi appointed as new CFO at Google parent Alphabet Inc, succeeding Ruth Porat, who transitions to investment chief. Ashkenazi brings over two-decades experience at Eli Lilly.

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News

  • Critical illness cover: Who needs it and what to watch for

    Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.

  • AI may change the world. That doesn’t make it a good investment

    Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.

  • Bank holiday next week: SBI, HDFC, others closed for four days between June 22 and June 28; check here

    Private and public sector banks in India will be closed for four days next week from 25 to 28 June 2026 due to regional holidays, including Muharrum and weekends. Customers should check the RBI holiday calendar for specific bank closures across different states.

  • Renting a house but not receiving HRA? Non-salaried individuals can still claim tax deduction on rent

    Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.

  • Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think

    As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.

  • India’s crypto boom is moving beyond men in metros: How women and small-towns are driving the shift?

    India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.

  • Bihar approves Sindhu Darshan Yatra grant: Pilgrims can claim up to ₹20,000 travel reimbursement

    Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses

  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

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