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Sensex, Nifty open lower amid rising crude oil prices, West Asia tensions

Indian equity benchmarks opened lower on Thursday due to global cues. Rising geopolitical tensions in West Asia pushed Brent crude prices sharply higher. Several sectors, including Oil & Gas and Pharma, experienced declines. Some Nifty stocks like Dr Reddy’s and…

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Gold off two-week peak as oil advances, Fed meeting eyed

Gold traded below recent highs as oil prices climbed due to Middle East tensions. Traders are now watching the Federal Reserve meeting for interest rate clues. Rising oil prices increased concerns about inflation and potential Fed rate hikes. The European…

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Oil prices rise to six-week high as US-Iran tensions escalate

Oil prices reached their highest in over six weeks on Thursday. This surge occurred as the United States launched new strikes on Iran. Yemen’s Houthis also targeted oil tankers in the Red Sea. Iran’s Revolutionary Guards claimed control of the…

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Centre appoints Anurag Jain as NITI Aayog CEO

The Centre on Wednesday appointed senior IAS officer Anurag Jain as the Chief Executive Officer (CEO) of NITI Aayog.

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House panel seeks time up to Aug 13 to submit report on corporate laws bill

A joint parliamentary committee has requested more time to review the Corporate Laws Amendment Bill. This extension means the bill’s presentation will likely be delayed until the winter session. The initial bill proposed decriminalizing procedural defaults and easing compliance burdens.…

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Trump tariffs may stay alive as US set to impose new import taxes by Friday

Donald Trump is likely planning new import duties on many nations by Friday. These levies aim to continue his tariff regime after current ones expire. The administration proposed these tariffs citing lax forced-labor standards. Temporary charges are set to expire…

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  • Supreme Court sets aside ₹425 crore penalty over fake legal citations, says material appears to be ‘hallucination of AI’

    The Supreme Court set aside a ₹425.27 crore customs penalty after finding that the order relied on AI-generated legal material. The diamond trader will now face fresh adjudication by a different customs officer, while the court warned against relying on unverified AI-generated case law.

  • Planning to quit your job at 40? Know what happens to your EPF balance and interest after leaving work

    Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.

  • Hindu undivided family tax benefits: Can salaried individuals also take advantage of them? Details here

    Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one. 

  • ₹25L bank deposit lands Bengaluru woman in tax trouble; officer links it to property sale — here's how she won

    Income tax authorities questioned a ₹25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here's why ITAT Bangalore still ruled in her favour.

  • EMI affordability: When does an ‘affordable monthly payment’ become unaffordable? Experts explain

    A manageable EMI is about more than a low monthly payment. Experts explain the 30% EMI rule, debt risks and how borrowers can assess loan affordability while protecting savings and financial security. Seeking professional guidance is a must when faced with financial hardships. 

  • Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 5

    September 5 is Teachers' Day in India, but banks remain open as it is the first Saturday of the month. RBI guidelines mandate bank closures on specific Saturdays and Sundays. Details here.

  • Could your credit card pay for a luxury hotel stay? How to maximise reward points

    Frequent travelers can leverage credit card reward points for hotel stays, unlocking loyalty benefits and free-night awards. It's crucial to strategically redeem points and compare cash prices with point requirements for maximum value, especially when hotel rates are high.

  • How to safely replace a damaged credit card

    The Reserve Bank of India (RBI) requires card issuers to provide customers with clear mechanisms for reporting lost, stolen or misused cards, along with multiple channels through which cardholders can contact them

  • Retail sugar price falls 3.85% but remains above ₹62/kg ahead of festive season; check rates

    Retail sugar price has dropped 3.85% to ₹62.57 per kg in a week, data from the Consumer Affairs Ministry showed. The slight drop follows recent government measures, including allowing imports and tightening of stockholding norms for dealers. 

  • Delivery, ride-hailing and home services — Gig workers earn 2.5x compared to similar formal and informal jobs: Report

    Delivery, ride-hailing and home services — Gig internet workers earn 2.5x, at ₹138 per hour, compared to ₹54 per hour, earned in other similar formal and informal jobs, according to a Redseer Report.

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