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A NATO ally runs on 80% Russian oil while Trump targets India

Hungary continues to source most of its oil from Russia, despite the ongoing war in Ukraine. This dependence has drawn criticism from the US and within NATO. Donald Trump has criticized Hungary for funding Russia’s war efforts. Hungary defends its…

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Trump’s 100% tariffs on pharma: Sun Pharma, Biocon, Cipla & other pharmaceutical stocks tank; jitters on D-Street

Pharmaceutical stocks, particularly Indian firms, plummeted following President Trump’s announcement of 100% tariffs on imported branded medicines to the US. Companies like Sun Pharma, Biocon, and Zydus Lifesciences experienced significant declines.

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Binny Bansal’s 3State Ventures invests Rs 160 crore in Curefoods pre-IPO round

Bengaluru-based Curefoods filed its draft red herring prospectus (DRHP) to raise Rs 800 crore through the IPO, which also comprises an offer for sale (OFS) component of 4.08 crore shares.

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India bonds expected to trade rangebound before debt supply, borrowing plan

Indian government bonds may fluctuate within a narrow range this Friday. Traders are awaiting fresh debt supply. The federal borrowing calendar for the second half of the fiscal year is expected. New Delhi plans to issue 15-year and 40-year bonds.…

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BRIEF-Nestlé Appoints Alfonso Gonzalez Loeschen As CEO Of Nespresso

BRIEF-NestléBRIEF-Nestlé Appoints Alfonso Gonzalez Loeschen As CEO Of Nespresso

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Consumers see savings as traders, insurers pass on GST benefits, says Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman reports the Bachat Utsav initiative is successfully passing GST rate cut benefits to consumers, evidenced by increased savings on essentials and insurance. The auto sector is experiencing record sales, with Maruti Suzuki reporting significant gains. Banking…

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News

  • Want to give back this Diwali? Here's how to find causes that matter

    Diwali is a time for giving, but finding credible organisations can be daunting. Here's how to identify genuine causes, choose how to contribute and plan your donations.

  • Rising interest rates: should you borrow or delay festive season purchases?

    Looking ahead, we can be almost certain of additional increases in repo rates and the consequent hikes in cost of loans. We should factor in the uncertainties while making decisions around our future financial commitments.

  • FD interest rates after RBI repo rate hike, Nov 2026: Public or private? Which banks give highest fixed deposit returns?

    Following the RBI's October 2026 repo rate hike, how do FD interest rates stack up now? Find out which banks are offering the highest returns and how PSU bank rates compare with private lenders.

  • DA hike: Tamil Nadu, MP, Himachal, Rajasthan, Kerala — Full list of states with dearness allowance hikes ahead of Diwali

    The Union Cabinet raised the dearness allowance for central government employees and pensioners by 3%, from 60% to 63% of basic pay, effective 1 July, ahead of Diwali. Here are the other states that have also hiked DA amid the festive season.

  • RBI amends EDF rules for service exporters, freelancers under FEMA: ₹10 lakh threshold, relief for resident individuals

    The RBI has simplified EDF compliance for resident individual service exporters and introduced a ₹10 lakh threshold for other exporters. It has also revised IDPMS reporting requirements for service imports. Here's what the new FEMA amendment means for freelancers and other exporters. 

  • Income Tax: Can married daughters keep gold jewellery at parents' home? ITAT ruling explains tax implications

    The Delhi ITAT deleted ₹1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three married daughters. The ruling highlights how families can establish ownership of gold through supporting evidence.

  • Life Cycle Funds explained: How these mutual funds work, change asset allocation with age and help plan for retirement

    Life Cycle Funds automatically shift investments from equity to debt as the target date approaches. Here is how these mutual funds work, who should invest, how to choose the right maturity period and the risks investors must consider.

  • Income Tax Returns: 'How India filed in 2026' - 5 trends that reveal how young investors, salaried earners manage money

    India's income tax filing data reveals five changing money trends: more Indians are earning beyond salaries, young taxpayers are filing complex returns, low-income earners are reporting diverse income sources, young investors are reporting losses and retirees continue investing.

  • Silver, gold prices today: 24K gold slips to ₹1.37 lakh, silver below ₹1.80 lakh/kg; check latest 24K, 22K gold rates

    Gold and silver prices declined in the latest IBJA evening fixing on 2 November. 24K gold fell ₹2,530 to ₹1,37,524 per 10 grams, while 22K gold dropped to ₹1,25,990. Silver prices declined ₹1,372 to ₹1,79,972 per kg.

  • Tax relief in the offing? Sebi moots scrapping 12.5% LTCG tax for FPIs: What it means and how investors stand to gain

    The proposal has brought the taxation of investment profits into focus, particularly the rules governing gains earned from selling shares and other financial assets.

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