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India to be 3rd-largest economy by 2028, to reach $10.6 trillion by 2035: Morgan Stanley

A Morgan Stanley report on Wednesday said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035.

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GST notices based on UPI transaction: Traders on warpath, official calls action proper

Karnataka traders are protesting GST demand notices based on UPI data, prompting a strike call. A tax official clarified the notices are preliminary, allowing traders to provide documentation and seek exemptions. Concerns remain about the suddenness and lack of clarity,…

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GST demand over UPI credits: CM Siddaramaiah to meet stakeholders on Wednesday

Karnataka CM Siddaramaiah will meet stakeholders over GST notices sent to small traders based on UPI data, demanding tax arrears. Widespread protests are planned, with traders rejecting digital payments. The state blames the Centre, while BJP offers legal help. Rahul…

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Quick commerce firms chase brand ad dollars to boost revenue, margins

Quick commerce platforms are ramping up pressure on sellers to spend big on ads, chasing high-margin revenues to stem their mounting losses. Swiggy Instamart has rolled out tiered onboarding packages priced between Rs 4.5 lakh and Rs 9 lakh, which…

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IMF urges India to ease import curbs, liberalise FDI norms to maintain external balance

The International Monetary Fund has called on India to consider lifting import barriers, fostering a more favorable environment for private investments, and liberalizing foreign direct investment policies to support a stable external balance.

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SBI to file CBI complaint after tagging RCom, Anil Ambani as ‘Fraud’: MoS Pankaj Chaudhary

Minister of State for Finance, Pankaj Chaudhary, stated in Parliament that the State Bank of India (SBI) has classified Reliance Communications Limited (RCOM), along with Promoter Director Anil D. Ambani, as “Fraud” in accordance with the Reserve Bank of India’s…

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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.