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India needs real mergers, not paper alliances, to build globally competitive firms, say veteran accountants

As India eyes global leadership in accounting and consulting services, three challenges persist: symbolic alliances over real mergers, outdated branding rules, and restrictive procurement norms. Veteran chartered accountants tell ETCFO that bold consolidation, brand reform, and policy overhaul are vital…

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Trump’s staffing gaps complicate India’s bid to ease US tensions

Indian officials are finding it difficult to engage with the Trump administration due to unfilled key foreign policy roles, hindering efforts to advocate for a favorable trade deal. The absence of key personnel in the State and Defense Departments complicates…

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RBI intervention shields rupee from record low after Trump tariff threat

The Indian rupee extended its decline on Tuesday on the back of escalating trade tensions with the United States, although likely central bank intervention prevented the currency from breaching record low levels.

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Weak Indian rupee may blunt US tariff bite, say economists

The Indian rupee’s recent depreciation, hitting near its all-time low, may soften the impact of increased U.S. tariffs amid trade tensions. While other Asian currencies have appreciated, the rupee has declined, providing India with a competitive price advantage in export…

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Mutual fund houses allocate Rs 5,294 crore in IPOs, backing small-cap growth stories

India’s mutual fund industry has shown robust participation in newly listed companies, with total investments amounting to over Rs 5,294 crore across recent initial public offerings (IPOs) in the April-June quarter, a report said on Tuesday.

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India’s corporate earnings growth stays weak, banks and IT firms disappoint

INDIA-COMPANIES-India’s corporate earnings growth stays weak, banks and IT firms disappoint

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  • Sold property but received money in instalments? ITAT explains when you must pay income tax on capital gains

    ITAT Surat deleted a ₹2.45 crore capital gains addition after a landowner showed that he received only ₹25 lakh in the relevant year, despite ₹2.86 crore appearing in Form 26AS. The tribunal considered subsequent tax returns and co-owners' cases.

  • Exchanging old gold for new jewellery this Diwali? 6 things to check before accepting your jeweller’s valuation | Guide

    Exchanging old gold for new jewellery this Diwali? Check six things before accepting your jeweller’s offer, including gold purity, net weight, market rates, melting deductions, making charges and exchange terms to avoid losing money.

  • Got salary bonus this Diwali? 5 smart ways to strengthen your finances instead of spending it all - Top ideas to follow

    A Diwali salary bonus can do more than fund festive shopping. From strengthening insurance cover and preparing for upcoming expenses to boosting retirement savings and investing in skills, here are five ways to put the extra money to work.

  • Diwali shopping: Should you pay upfront or choose no-cost EMI for expensive purchases? Here’s what buyers must know

    Planning expensive Diwali purchases? Paying upfront could help you secure additional discounts, while no-cost EMI can spread payments. Compare processing fees, GST, cashback and credit card rewards before deciding which option saves you more.

  • Meghalaya HC denies pension to ex-Assam Rifles rifleman, says voluntary discharge leads to forfeiture of past service

    The court clarified that an employee cannot claim pensionary benefits under Rule 49(2) merely because he has completed 10 years of qualifying service if Rule 26(1), which provides for forfeiture of past service upon resignation, applies to his case

  • Looking to invest in international funds? Only one scheme remains open for new investors amid fresh subscription curbs

    Indian investors seeking overseas exposure through mutual funds have limited choices, with only one scheme accepting fresh SIPs. Three other international funds have suspended new investments and paused existing SIP instalments. Here's what investors should know.

  • Air pollution in India: Does health insurance cover pollution-related illnesses? What policyholders should know

    Air pollution can aggravate respiratory illnesses such as asthma and COPD. Health insurance may cover hospitalisation, but policyholders should check pre-existing disease waiting periods, ICU coverage, room rent limits, restoration benefits and OPD add-ons.

  • ITAT Surat ruling: Retired employee wins leave encashment tax dispute over ₹8.02 lakh exemption claim

    The ruling highlights the importance of following due process before the tax authorities modify an already processed income tax return

  • SEBI settlement rules from November 7: Who can apply online, how much to pay and the 90-day deadline explained

    SEBI's new settlement rules came into effect on November 7, 2026. The revised framework changes application fees, minimum settlement amounts and filing deadlines, while introducing fast-track options for eligible cases. Here's what applicants need to know.

  • Got Diwali bonus from your employer? Clear credit card dues or start mutual fund SIP: Which money move is right for you?

    Got a Diwali bonus of ₹10,000? Should you clear credit card dues or start a mutual fund SIP? Compare the interest savings from repaying high-cost debt with the potential returns from investing to understand which money move makes more financial sense.

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