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Banks' credit-deposit ratio hits all-time high of 82.2% for second consecutive fortnight

As of the fortnight ended January 15, 2026, both aggregate deposits and bank credit declined sequentially. However, deposits declined by Rs 3.6 lakh crore, exceeding the Rs 1.9 lakh crore fall in credit, resulting in the CD ratio rising further…

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India-US trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers: Piyush Goyal

India, US trade: India and the United States have finalized a significant trade agreement. This deal promises to boost opportunities for farmers, MSMEs, and entrepreneurs. It will facilitate technology transfer from the US to India, accelerating India’s journey towards Viksit…

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India-US trade deal: India will drop Russian oil, pivot to US, Venezuela, says Trump

India may halt Russian oil imports after a US trade deal, pivoting to US and Venezuelan crude. The shift could reshape global oil flows and prices, as refiners move away from discounted Russian supplies.

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Rupee set to rally on prospects India-US trade deal to attract flows

INDIA-MARKETS-Rupee set to rally on prospects India-US trade deal to attract flows

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Tax ‘edge’ for foreign firms puts local data centre companies on edge

The Bharat Digital Infrastructure Association (BDIA), which represents local data centre operators, has prepared a seven-point policy charter that it aims to submit to the government seeking corrective measures to ensure a level playing field. ET has reviewed the document.

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AI plan collides with funding reality as budget halves outlay

Officials, however, said the allocation is lower because the mission subsidises end-users’ access to graphics processing units (GPUs) instead of buying GPUs outright.

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News

  • 8th Pay Commission fitment factor: Is the government considering employees' key demand? Here's what it said

    The Centre has clarified that the 8th Pay Commission is not required to keep the government informed about its deliberations, including proposals on the fitment factor. It also declined to comment on employee demands, saying the Commission will determine its own procedure.

  • Over 5 crore ITRs filed for AY 2026-27: Income Tax Department urges taxpayers to file before July 31 deadline

    With the July 31 ITR filing deadline approaching, the Income Tax Department says over 5 crore returns have already been filed for AY 2026-27. Here's who should file ITR-1, who needs ITR-2, and why you shouldn't wait until the last minute.

  • 8th Pay Commission: How rise in annual increments from 3% to 5% could boost Level 1 employee pay over 5 years

    The 8th Pay Commission may consider higher annual increments for central government employees as proposed by several prominent unions. A 5% increment scenario shows Level 1 basic pay rising from ₹18,000 per month to around ₹24,200 per month in five years.

  • ITR filing deadline: Can freelancers declare earnings as business income? Tax experts explain

    Freelance income cannot always be reported as business income in ITR filings. Here is when earnings qualify as business income, salary, or other sources; common filing mistakes; presumptive taxation rules; and expert tips to avoid tax notices and ensure compliance before the 31 July deadline. 

  • ITR filing 2026: Why 31 July is not the deadline for all salaried taxpayers and who gets more time

    The 31 July ITR filing deadline may not apply to all salaried taxpayers. The applicable due date depends on the taxpayer’s overall income profile, ITR form, and audit requirements. Those with business or professional income may get additional time. 

  • Large & mid-cap funds strike a balance: Higher returns than large-caps, lower volatility than mid-caps

    Large & mid-cap funds have historically delivered a balance between returns and volatility. Over the past 5 years, the benchmark index gave 14% returns, compared with 10% for large-caps and 18% for mid-caps. 

  • PNB Housing Finance tops list of mutual funds' 10 favourite small-cap stocks; Crompton Greaves, Delhivery make the cut

    Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.

  • Filed ITR in May or June? Here's why you should revisit it and check these 7 key things before 31 July deadline

    Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays. 

  • ITR filed and verified? Here's how the Income Tax Department spots mismatches—and when it sends a notice

    The CPC first verifies that you've used the correct ITR form, filled in all mandatory schedules, and that there are no calculation errors. If it finds major issues, you may receive a defective return notice.

  • Hidden risks of UPI Autopay: Nykaa AVP’s LinkedIn post sparks debate about free trials

    Lokesh Ahuja from Nykaa shared a cautionary tale about hidden AutoPay mandates after teaching his mother how to make UPI payments. He emphasises the importance of digital literacy.

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