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India's June exports shine through West Asia dark clouds; trade deficit widens to five-month high

India’s goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 billion due to higher imports. Oil, gold, and electronics imports drove this substantial increase in the trade deficit. Exports to West…

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HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26

HDFC Bank saw its employee count decrease by 3,343 during the last fiscal year. The bank’s total balance sheet size expanded by twelve percent to over forty-three lakh crore. Advances increased by twelve percent, and total deposits rose by fourteen…

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Trump: Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo

President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped. The vital Strait of Hormuz remains open under U.S. protection and security measures.…

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India’s youngest airline Akasa Air seeks funds as Iran war drives up costs

Akasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors and two point five billion rupees in loans. Existing owners will contribute five billion rupees to the equity portion.…

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One Indian killed, six injured as Iranian missiles target two UAE tankers in Hormuz

In a statement, the UAE MoD said that the attack killed one Indian crew member aboard the Mombasa and injured eight others, including six Indian nationals and two Ukrainians, four of whom sustained serious injuries.

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RBI likely to keep rates unchanged till October, India's GDP to moderate to 6.6-6.8% in FY27: BoB Outlook

The Reserve Bank of India (RBI) is likely to keep policy rates unchanged at least till October 2026, while India’s economy is expected to grow at a steady pace of 6.6-6.8 per cent in FY27 despite global uncertainties, according to…

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News

  • EPFO: Check withdrawal rules for members, conditions for partial withdrawal, how to make PF claims — Stepwise guide

    Here's a look at the EPFO's provident fund withdrawal process for members — from conditions for partial withdrawal, minimum balance required, limits, types of claims, which forms to submit, and more.

  • Unknown SIM linked to your Aadhaar? Check before it's too late; here's how to identify

    With the growing misuse of identity documents, it is important to regularly check how many mobile numbers are registered in your name.

  • Pension pending since 1996! Here's how spouses of two defence retirees received arrears of over ₹48 lakh

    Department of Pension and Pensioners’ Welfare conducted Special Campaign 3 and successfully resolved 2,306 cases of family pensions, disability pensions, war injury element arrears, among other claims. 

  • Punjab DA hike: Which govt employees will get jump from 42% to 60%? Check details here

    Punjab has proposed hiking dearness allowance of 85,000 state government employees from 42% to 60%, according to Cabinet Minister Aman Arora. Recommendation will be sent to CM Mann for final approval. 

  • 7th Pay Commission DA hike: What is AICPI-IW? Why it matters so much for amount calculation for central govt employees

    7th Pay Commission DA hike: What is the AICPI-IW? We explain its significance and why it matters so much for salary amount calculation for central government employees and pensioners in India.

  • Insurance fraud: ₹15 lakh landed in senior citizen’s account, HC said mere receipt of money doesn’t prove guilt

    A 78-year-old retired IFS officer got ₹15.15 lakh in his bank account linked to an alleged insurance fraud. The Madhya Pradesh High Court granted him anticipatory bail, saying merely receiving crime proceeds did not prove knowing involvement.

  • ITR deadline for businesses and professionals: Who gets time until October 31 to file their returns?

    The ITR filing deadline for businesses and professionals is later than the due date for most individual taxpayers. Taxpayers subject to audit have until October 31, 2026. Full list here.

  • EPF account rules: When does an EPFO account become inoperative, and what should members do?

    EPF account rules explained: Know when an EPFO account becomes inoperative, when interest stops, and how members can withdraw or transfer their PF balance using Form 19, Form 13 and other EPFO services.

  • Credit-risk funds deliver 8.97% 3-year returns, highest among debt funds. Should you invest? Experts flag key risks

    Credit-risk funds delivered 8.97% returns over three years, emerging as the best-performing debt mutual fund category amid improving corporate fundamentals. Experts caution that higher returns come with greater credit, downgrade and liquidity risks, making portfolio quality crucial for investors.

  • 8th Pay Commission: DA may hit 66%-67% by January 2027 as AICPI-IW points to another hike

    Central government employees may see DA rise to 66%-67% from January 2027 if AICPI-IW remains strong. The projection is based on the existing 7th Pay Commission formula and is not an official government announcement.

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