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Rupee breach of 90 against dollar set to trigger price hikes across consumer goods sector

Rupee’s slide past 90 against the dollar is forcing consumer electronics, beauty, and car companies to consider price hikes, potentially negating recent sales gains from GST cuts. Companies heavily reliant on imports are planning increases of 3-7% due to rising…

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IndiGo’s prolonged, unorthodox lean manpower strategy caused current disruption: Pilots’ body FIP

The Federation of Indian Pilots (FIP) has accused IndiGo of staffing shortages and a hiring freeze, leading to widespread flight cancellations and delays. FIP urged the DGCA to ensure airlines have adequate staff under new flight duty norms before approving…

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Andhra govt allots 480 acres for Adani-Google AI data Centre in Visakhapatnam

Andhra Pradesh government has allocated 480 acres in Visakhapatnam and Anakapalli districts to Adani Infra for a 1 GW AI Data Centre. Raiden Infotech India, a Google company, is spearheading this massive project, which involves a cumulative investment exceeding Rs…

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SpotDraft appoints Amit Sharma as CFO to drive global expansion

Legal-tech firm SpotDraft has appointed Amit Sharma as Chief Financial Officer and Alon Waks as Chief Marketing Officer. These appointments support the company’s accelerated global expansion. SpotDraft is doubling down on scaling operations across the Americas, EMEA, and India. The…

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Fitch ups India’s FY’26 GDP growth forecast to 7.4% on better consumer spending, GST reforms

Fitch Ratings has raised India’s GDP growth forecast for the current fiscal to 7.4%, citing increased consumer spending and improved sentiment boosted by GST reforms. Falling inflation is expected to allow the RBI one more policy rate cut in December…

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IndusInd Bank denies report of talks to bring in strategic partner

IndusInd Bank has firmly refuted speculation surrounding the pursuit of a strategic partnership. The bank clarified that there are currently no negotiations taking place. Previous claims had indicated that Hinduja Group, its major shareholder, was interested in finding a global…

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News

  • Can I use MF sales proceeds to pay home loan and get Section 54F benefit?

    Section 54F exemption is unavailable because the residential property was acquired more than one year before the sale of the MF units. While the exemption fails the timing criteria, taxpayers can still use Section 80C and Section 24 deductions for principal, interest repayments under old tax regime.

  • Advance tax deadline today: Can you pay the final instalment on 15 March via credit card?

    The final advance tax payment deadline for FY 2025-26 is 15 March 2026. Payments can be made via the e-filing portal, including credit cards, which may incur fees. Details here. 

  • How global reporting may pull crypto bets out of the grey zone

    Through a series of legislative changes in 2025 and 2026, India has operationalized a reporting framework aligned with the OECD’s Crypto-Asset Reporting Framework, aiming to move crypto from an opaque asset class into a transparent financial instrument.

  • Gold investment taxation explained: Jewellery, gold ETF vs sovereign gold bonds

    The investments in gold products of this category are treated as capital asset under the income tax laws so any gains realised over its acquisition cost is taxed under the head ‘capital gains’.

  • The Netherlands’ new tax experiment—and why investors should worry

    The Netherlands plans to tax unrealized investment gains from 2028. India’s experience with punitive wealth and income taxes in the 1970s shows why taxing paper wealth can distort markets and behaviour.

  • Advance tax deadline today news LIVE: Final instalment to be paid on 15 March — what happens if you miss it?

    Advance Tax Deadline News Today LIVE: The due date for paying the fourth and final instalment for the financial year 2025–26 is on Sunday, 15 March 2026. Check who needs to pay, how to pay online, among other details.

  • Fake it till you make it? This CA disagrees, warns obsession with looking rich, fastest way to stay broke — Here's why

    CA Nithin Kaushik warns that the obsession with looking rich and faking wealth is the fastest way to stay broke. Feels real financial independence and power allows you freedom to say “no”. He explains…

  • PSU mutual funds defy market slump in 2026 with strong three- and five-year returns

    Mutual Funds, which deploy money exclusively in shares of PSUs, are among the only three equity fund categories that have given positive returns so far in 2026.

  • PPF withdrawal: Here's how you can access your public provident fund balance before the lock-in period ends

    The Public Provident Fund is a low-risk savings scheme with a fixed interest rate of 7.1%, suitable for retirement planning and tax benefits. Here's how you can withdraw your funds before the lock-in period ends…

  • How to merge multiple PF accounts after switching jobs: Step-by-step guide

    Switching jobs often results in multiple EPF accounts under the same UAN. Employees must request EPFO to merge these accounts to ensure all retirement savings are consolidated. Here's how to do it online. 

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