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IBM and MeitY Startup Hub sign MoU to help deep-tech startups turn innovations into commercial solutions

IBM and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and Information Technology, have signed a Memorandum of Understanding (MoU) to help India’s deep-tech startups develop, test and commercialise their technologies through access to enterprise technology, mentorship…

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RBI likely to continue steps to curb rupee volatility: FM Sitharaman

The Reserve Bank of India (RBI) is expected to continue deploying measures to limit excessive volatility in the foreign exchange market as the rupee faces pressure from global developments, Finance Minister Nirmala Sitharaman said on Tuesday.

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RBI's forex curbs lift rupee as banks reassess hedging costs

The Indian rupee has appreciated in value against the dollar following banks’ compliance with recent currency derivative guidelines. The Reserve Bank of India has required banks to hold a 20% reserve for foreign exchange risks. This policy seeks to mitigate…

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Sebi extends IPO size flexibility by six months to March 2027

In a significant regulatory update, Sebi has extended the timeline by six months for companies to adjust their issue sizes without the need for new approvals. This applies to initial public offerings set to commence by March 31, 2027. Lead…

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Five big states get permanent seats in new GST standing committee

Karnataka, Maharashtra, Uttar Pradesh, Gujarat and Tamil Nadu will be permanent members of a new Standing Committee under the GST framework, a senior government official said on Tuesday.

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GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek Chaturvedi

Vivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, various stakeholders discussed upcoming reforms focused on simplifying tax administration processes. Proposed changes include decriminalisation of certain offences and a higher…

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  • Dearness allowance delay July 2026: Government employees await DA hike and arrears update — what to watch next

    Central government employees and pensioners are still awaiting the July 2026 dearness allowance (DA) and dearness relief (DR) revision. Despite recent Cabinet meetings and bonus announcements, the Centre has not confirmed the hike, revised rate or arrears payment timeline.

  • Need an air ambulance? Your health policy may not cover the full cost

    Air ambulance cover varies widely across health policies, with sub-limits, approval requirements and claim conditions. A few clauses can determine whether families pay lakhs out of pocket.

  • Gold, silver prices today, 22 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices fell on 22 October. Check the latest retail rates of 24K and 22K gold and 999-purity silver in Delhi, Mumbai, and Kolkata. Here's how prices have changed and what to watch ahead of the US Federal Reserve’s policy meeting. 

  • GIFT City funds vs international mutual funds: Returns, minimum investment and tax compared

    With many international mutual funds closed to fresh investments under RBI’s $7 billion overseas cap, GIFT City funds offer Indian investors another route to US and global equities. Here’s how they compare on minimum investment, taxation and returns, and what the LRS limit means for you.

  • Sold a house and bought another within 2 years? Here's when capital gains could still be taxable – Section 54 rules

    Sold a residential house and reinvested the capital gains? Section 54 of the Income-tax Act, 1961, now Section 82 under the 2025 Act, offers tax relief subject to specific conditions. Here’s when the exemption can be denied or withdrawn.

  • Fuel prices today: Check petrol, diesel and CNG rates on 22 October in different cities across India

    On 22 October, petrol and diesel prices were unchanged across 14 cities. CNG prices rose in nine of 13 locations and held steady in four; Chennai, 

  • Which transactions can trigger notice from Income Tax Department? Know rules for large cash deposits and UPI transfers

    Large UPI transfers do not automatically trigger income tax notices, but unexplained bank credits can attract scrutiny. From freelancers to individuals receiving money for others, here's when digital transactions may raise red flags and what records to keep.

  • Term insurance claim amount rejected after death: Which common mistakes can put your family's payout at risk? List here

    Term insurance provides a death benefit to beneficiaries during a fixed policy term, helping families manage debts and future expenses. Here's why a claim can get rejected.

  • DA hike 2026: No festive relief yet for 1.2 crore employees and pensioners. When will Centre announce the 3% increase?

    Central government employees and pensioners face a longer wait for the July 2026 DA hike. The expected 3% increase could raise DA to 63%, boosting salaries and pensions. Here's what the delay means for monthly payments and arrears.

  • NPS vs mutual funds: Need your retirement savings at 35? Check withdrawal rules, lock-in periods and tax benefits

    NPS and retirement-focused mutual funds differ in withdrawal rules, lock-in periods and tax benefits. Investors planning a home purchase, career break or early retirement should understand how much of their savings they can access and when.

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