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US tariff rate to hit 15% or more for some nations, US trade rep says

The U.S. plans to increase tariffs to 15% or higher for some countries, while maintaining current levels for China ahead of President Trump’s visit. These new duties, replacing tariffs struck down by the Supreme Court, are compatible with existing trade…

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Commerce minister Piyush Goyal says India has concluded nine free trade agreements covering 38 nations

India has signed nine free trade agreements with 38 nations, opening up access to almost two-thirds of global markets. These pacts will boost Indian goods, services, and talent mobility. Discussions are underway for new agreements, including with Canada. The nation’s…

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IMF calls for US fiscal consolidation to bring down 'too big' current account deficit

The International Monetary Fund urged the United States to reduce its growing fiscal deficit, stating it’s the most effective method to lower the current account and trade deficits. The IMF projects U.S. fiscal deficits to remain high, posing a growing…

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RBI summons Yes Bank executives over forex card breach

The Reserve Bank of India has called in senior Yes Bank executives after a major security incident involving the Yes Bank–BookMyForex multi-currency forex card. According to reports, card numbers and CVV details of numerous customers may have been exposed. The…

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SP Group's Rs 25,000 crore bond issue price likely to be lower

Shapoorji Pallonji Group is set to raise approximately ₹25,000 crore through a bond issue. This fundraising effort, planned for early April, is expected to have a lower pricing than previous borrowings. Improved prospects for asset sales and a potential settlement…

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PRISM appoints former SEBI chairman Ajay Tyagi as independent director

Oyo parent PRISM has appointed Ajay Tyagi to its board as an independent director. Tyagi is a former chairman of SEBI, India’s capital markets regulator. He brings extensive experience in financial policy and corporate governance. His background includes significant roles…

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News

  • 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.

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