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Asian stocks today: Markets inch higher amid Venezuela crisis; Nikkei up 1,000 points, Kospi adds 2%

Asian markets mostly rose, with Japan’s Nikkei surging 2.36% driven by AI stocks. Gold prices climbed, while oil recovered after early weakness following a US military operation in Venezuela. The removal of President Maduro and potential for increased oil output…

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Trump’s Venezuela oil revival plan is a $100 billion gamble

Reviving Venezuela’s oil industry under a US-led plan would take years and cost more than $100 billion, analysts said, as decades of underinvestment and damage have left infrastructure in poor condition. Restoring output to past peaks would require sustained investment…

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Rupee may be in for tough week on Venezuela crisis, chances of more US action

Global tensions may weaken the Indian rupee this week. Experts predict volatility due to US actions in Venezuela. The rupee has already declined. The Reserve Bank of India’s upcoming swap operation on January 13 will be crucial. Foreign investor outflows…

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US could raise tariffs on India if they don't help on Russian oil issue: Trump

US President Donald Trump said Washington could raise tariffs on Indian goods if New Delhi does not address US concerns over India’s purchases of Russian oil. India became the largest buyer of discounted Russian seaborne crude after the Ukraine war…

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Air India set to say 'Tata' to CEO Campbell Wilson in cockpit reset

Tata Sons is actively seeking new leadership for its airline business, with chairman N Chandrasekaran reportedly in talks with international aviation executives.

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Anticipate government to go for 10% capex growth in budget: L&T CFO

Larsen & Toubro’s CFO R Shankar Raman anticipates a 10% rise in capital expenditure for FY27, expressing confidence that ample system liquidity will support government spending without crowding out private investment. He highlighted the crucial role of infrastructure in India’s…

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News

  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

  • ITR filing 2026 for pensioners: Health insurance, bank interest — These key deductions can reduce your tax outgo

    Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.

  • Canada was too expensive! A couple quit 9-to-5, sold their home to move to Japan: The FIRE strategy behind it

    Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.

  • Sebi simplifies share transfer process after an investor's death, giving legal heirs faster access to investments

    Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.

  • Fixed Deposit for senior citizens: Banks offer up to 8.25% interest — SBI, HDFC Bank, Utkarsh Small Finance, IDFC First

    Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders…

  • PM Kisan 23rd installment today: When, where and how to check ₹2,000 tranche payment status — Direct link here

    Prime Minister Narendra Modi will release the 23rd installment of the PM Kisan Samman Nidhi Yojana on 20 June 2026. Each beneficiary will get ₹2,000 tranche payment. Let's find out when, where and how to check payment status.

  • ITR: Attention taxpayers! Check key changes in ITR-4 (Sugam) form before filing income-tax returns for FY26 / AY27

    Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / Sugam form online for this tax year (FY26 / AY27). Here's all you need to know…

  • Employees provident fund: 8.25% interest rate ratified, EPFO 3.0 to allow ATM, UPI withdrawal — Check new EPF rules here

    Employees provident fund: The Centre has ratified 8.25% interest rate for EPF deposits this financial year. Looking ahead, here's a look at the rules under EPFO 3.0, which allow withdrawal of funds through ATM and UPI.

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