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Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?

Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel. The latest rally comes after both benchmarks climbed 5.5% last week, with WTI once…

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RBI steps up scrutiny of Corporate India's foreign investments

Indian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations with overseas investments will relay this information to the Reserve Bank of India.

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FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive

Finance Minister Nirmala Sitharaman will meet public sector bank chiefs on Monday. The meeting will review efforts to boost foreign currency deposit inflows. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to attract…

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IndiGo gets DGCA warning over cargo spillage, dangerous goods rule violations

IndiGo’s parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident occurred in January. The airline must now submit an action taken report to the aviation regulator.

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118-year-old Calcutta Stock Exchange plans comeback with new trading platform

The Calcutta Stock Exchange plans a revival with new technology and government support. It will withdraw its voluntary exit application filed with Sebi last year. The exchange possesses sufficient capital for trading operations and has a net worth over ₹300…

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EPFO opens 6-month amnesty window for exempted PF trusts to align with new rules

The Employees’ Provident Fund Organisation has notified a one-time Amnesty Scheme, 2026 to regularise establishments operating exempted Provident Fund Trusts, with the window opening on 29th June, 2026 and set to run for six months. The move comes after the…

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  • CKYC number explained: How this 14-digit ID eases opening bank and financial accounts

    CKYC number is a 14-digit identifier that simplifies KYC verification for banks and financial institutions. Here's how CKYC works, its benefits, ways to find your number and why it helps make financial transactions faster and safer.

  • Decoding crypto tax notices: Expert explains different notice types, penalties, how taxpayers should respond

    Ignoring a crypto tax notice can lead to reassessment, penalties or even prosecution in some cases. Timely reconciliation of records and responding within the prescribed deadline can help investors avoid unnecessary tax disputes.

  • NaBFID zero-coupon bonds explained: Investment size, returns, maturity, tax rules to know

    NaBFID’s ₹20,000 crore zero-coupon bonds offer investors a 10-year fixed-income option with no regular interest payouts. Here are the issue price, maturity value, expected returns, taxation rules and key factors to consider before investing in these infrastructure-focused bonds.

  • 8th Pay Commission talks gain momentum as fitment factor hinges on fiscal realities

    8th Pay Commission: Fitment factor remains the biggest concern for central government employees and pensioners. Final recommendations are expected by mid-2027, and fiscal sustainability will influence revisions to salaries and pensions.

  • Income-tax return: Here's a checklist of required documents for smooth ITR filing process

    Filing your income tax returns (ITR) can be a tough task for first-time taxpayers and salaried individuals alike. Here's a checklist of essential documents you'll need to make the process smooth and hassle-free.

  • EPFO: Here's how to retrieve your forgotten UAN using the official portal and Umang app — Stepwise guide

    The Employees' Provident Fund offers a secure retirement savings option for Indian salaried individuals offering an 8.25% interest rate for FY26. Here's how EPF subscribers can retrieve their UAN via the EPFO portal or Umang app.

  • Only 4 value mutual funds delivered double-digit returns in one year. Here's why experts aren't worried

    Only four of the 23 value mutual funds delivered double-digit returns over the past year, while nine schemes posted losses. Experts explain why the numbers don't tell the full story and what investors should look for instead.

  • 8th pay commission: Discussions ongoing, check full list of beneficiaries for pay hikes, allowances, other benefits

    The 8th Pay Commission is in discussion to recommend pay hikes and salary structure for central government employees and pensioners. Chaired by Ranjana Prakash Desai, it aims to benefit around 1 crore individuals and will submit recommendations by November 2025.

  • DA, DR hike: Dearness allowance for pensioners — Dearness Relief calculation, eligibility explained

    Dearness Allowance: A fixed percentage of pensioners' monthly pension payments is aimed at mitigating inflation. However, unlike DA in salaries for central government employees, the component is known as Dearness Relief or DR.

  • Newly married couples: 8 health insurance mistakes to avoid

    Newly married couples should review health insurance plans, assess coverage needs and plan for maternity benefits. This guide highlights common mistakes, including relying only on employer cover and overlooking parents’ healthcare needs, to help couples make smarter financial decisions.

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