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Qatar halts LNG output after attacks; disruptions to hit Indian supplies, city gas firms flag concerns

Qatar has stopped liquefied natural gas production following attacks. This halts supplies to India, affecting industrial consumers and city gas companies. Petronet LNG cannot send ships through the Strait of Hormuz. This disruption impacts India’s energy needs and domestic sectors.…

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With a little nudge from RBI, banks tap AI for bigger tasks

While automation of call centres saw the first wave of AI adoption in the highly regulated sector, more applications are getting powered by this technology now. The remit of AI applications widened after the Reserve Bank of India (RBI) listed…

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China's cheap money is shaking $9.5 trillion global loan market

Chinese financial institutions are carving out a significant foothold in global lending markets. With their ability to provide more affordable credit options, they are attracting desirable borrowers away from established international banks. This shift has been fueled by China’s easing…

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Israel planning at least "one or two" more weeks of Iran ops: media

Israel’s military is planning at least one or two more weeks of operations in Iran, Israeli media reported on Wednesday after briefings to military reporters. “The Israeli military is planning for at least one or two more weeks of operations…

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Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day

The US Iran conflict escalates with a US strike on an Iranian warship. Shipping through the vital Strait of Hormuz is halted for five days. Oil and gas flows are choked off, impacting global energy markets. Asian refiners seek alternative…

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US Treasury chief says 15% global tariff likely implemented this week

US Treasury Secretary Scott Bessent said Wednesday that Donald Trump’s 15-percent global tariff is likely to be rolled out this week, as the president moves to rebuild his trade agenda after a major legal setback. Since then, the US leader…

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How balanced credit mix improves credit score, boosts loan eligibility, say experts
A healthy credit mix can improve your credit profile by showing responsible borrowing behaviour. Here's how secured and unsecured loans, timely repayments and low credit utilization influence credit scores constructively and help borrowers access better financial opportunities.
8th Pay Commission: Top 5 latest official updates central government employees and pensioners must know
The 8th Pay Commission is holding stakeholder meetings and consultations. Central government employees can track key developments and submission deadlines before recommendations on salaries, pensions and allowances are finalized.
Property inheritance: How this one document can prevent family disputes later
A missing property document can lead to legal disputes over inheritance. Estate planning is essential for ensuring asset distribution aligns with one's wishes and minimises conflict among heirs after the owner's death. Here are the key components of estate planning. 
Bank holidays in August: SBI, HDFC, other lenders to be closed for 14 days next month; Check full RBI calendar here
In August 2026, RBI has marked 14 holidays for banks, during which in-branch services will not be available. UPI, ATM and other such essential services remain functional on holidays. Check full RBI's bank holiday calendar for next month here.
EPFO mandates PF, pension claim settlement within 20 days — What to do if it's delayed?
EPFO employees will experience faster settlements for provident fund, pension, and insurance claims, with a 20-day processing rule. Delays incur a 12% penal interest. Here's how employees can submit their complaints. 
EPF interest credit delayed? What it means for your savings
EPFO members have begun receiving the annual interest of 8.25% for FY2025-26 in their provident fund accounts, starting July 15. Interest is credited annually, and updates may take time to display, but any delays do not affect the amount earned.
Gifting money to your spouse? Here's when tax applies and who pays it
Transferring money to a low-income spouse to reduce tax liability can backfire, as income may be taxed in your hands under clubbing provisions if invested. Details here.
EPF withdrawal tax rules explained: When your corpus is tax-free, when it is taxable and how TDS works
EPF withdrawals are tax-free if an employee completes five years of continuous service. Withdrawals before five years may be taxable, except in certain cases such as ill health or employer closure. TDS rules depend on the withdrawal amount. 
REITs vs REIT mutual funds vs physical property: A complete guide to capital gains tax, TDS and post-tax returns
The same real estate exposure can result in different post-tax returns. REIT mutual funds and listed REITs offer a shorter holding period for long-term capital gains than direct property, while differences in income taxation and TDS can further impact investor returns.
ITR filing deadline nears: Why the 31 July deadline is more important than you think
Missing the ITR due date can have consequences beyond a late filing fee. Delayed filing may lead to interest on unpaid taxes and the loss of key tax benefits, such as carrying forward capital losses. Knowing the applicable deadline can help taxpayers avoid unnecessary costs.