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Trump's 200% generic drug tariff threat puts $9.7 billion Indian pharma exports at risk; industry says reshoring not practical

US President Trump’s proposed tariffs on imported generic drugs will not immediately affect Indian drugmakers. Indian companies export significant generic medicines to the United States market. The proposed tariffs are set to begin in 2028, offering a two-year window. This…

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Houthis claim attacks on Saudi tankers in Red Sea, raising risk of new chokepoint in Iran war

Houthi militants claimed strikes on two Saudi oil tankers, raising Red Sea shipping risks. The United States launched new strikes on Iran, marking a twelfth successive night of attacks. These actions threaten global oil supplies and increase regional conflict potential.…

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Temasek doubles down on India; sees long-term opportunities in family businesses

Temasek International sees family businesses opening to investors as a major market shift. Generational transitions create attractive long-term investment opportunities for the firm. The investment firm plans to invest billions annually in India’s key sectors. Temasek focuses on long-term opportunities…

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Carmakers call on govt to test fuel quality at pumps

As per BIS specs, there should be “no addition of detergents, dispersants, silicon, chlorine containing additives, materials and metallic additives” in E20 fuel.

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Top retailers raise Rs 4,000 crore as store expansion hits four-year high

India’s largest retailers are significantly increasing offline store launches this fiscal year. Companies like Reliance Retail and Trent are raising substantial funds for expansion. This growth marks the fastest pace seen since the Covid-19 pandemic period. Retailers are investing in…

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Arkose Labs on building cybersecurity innovation and digital trust from India

From owning core product platforms and AI-driven security systems to shaping global engineering strategy, Arkose Labs’ India center has evolved into a key innovation hub supporting the company’s fight against increasingly sophisticated cyber threats.

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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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