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Anil Ambani appears before ED in bank loan ‘fraud’ linked PMLA case

In a related case, the ED had recently arrested Partha Sarathi Biswal, the MD of a Odisha-based company, for allegedly providing a fake bank guarantee of Rs 68 crore for a Anil Ambani Group company.Biswal may be confronted with Ambani…

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RBI likely to hold rates steady in August, but more cuts may be on the horizon: Nuvama

Nuvama Institutional Equities anticipates the Reserve Bank of India to maintain the policy rate at 5.5% in its upcoming meeting, despite a slowing domestic economy. While inflation remains under control, with CPI near a six-year low, growth momentum has faltered.

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India strikes back at Trump’s ‘more tariffs’ threat, says US targeting ‘unjustified’

India strongly protested against potential US tariffs for importing Russian oil, arguing that it’s essential for affordable energy and national interest. The Ministry of External Affairs highlighted that the US and EU are unfairly targeting India while maintaining significant trade…

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With enterprises demanding ROI from AI, Uniqus commits up to $20 million to new AI UniVerse platform: Jamil Khatri

Amid rising enterprise interest in artificial intelligence, Uniqus Consultech co-founder Jamil Khatri says many deployments struggle to deliver measurable ROI due to gaps in data, governance, and functional alignment. To address this, the firm is investing up to$20 million in…

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Trump’s tariff to test Reserve Bank of India’s rate decision

RBI MPC Meet: US President Trump’s tariffs have complicated the Reserve Bank of India’s interest rate decision, prompting some economists to anticipate easing. While a majority still expect the RBI to hold rates, a few now predict a quarter-point cut…

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Finance Committee flags delay in GSTAT rollout, calls for time-bound action

In its latest report submitted with the Lok Sabha on Monday, the Committee noted that despite several administrative and procedural advances, the GSTAT is yet to become fully functional nationwide. It urged the Ministry of Finance to adopt a “time-bound…

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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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