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India, Italy announce joint initiative for co-op in combating financing of terrorism as PM Modi meets Meloni

In a significant move, India and Italy have unveiled a collaborative effort to tackle terrorism financing head-on. Prime Ministers Narendra Modi and Giorgia Meloni convened during the G20 summit, where they explored ways to enhance not only trade and defense…

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States must take labour market reforms ahead: 16th Finance Commission head

India stands on the brink of an economic renaissance, with many analysts consistently underestimating its growth potential. Recent reforms in key areas such as infrastructure, taxation, and labor laws are sparking significant advancements. However, the task of generating high-productivity employment…

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Finance ministry weighs proposal for PSU general insurers’ merger

In the Budget for 2018-19, the then finance minister Arun Jaitley announced that the three companies – Oriental Insurance, National Insurance, and United India Insurance – would be merged into a single insurance entity.

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No recession risk for US economy as a whole, Bessent tells NBC

U.S. Treasury Secretary Scott Bessent said the 43-day government shutdown resulted in a permanent economic loss of $11 billion, even as he expressed confidence about growth prospects in 2026. He said interest rate–sensitive sectors such as housing had slipped into…

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CAG auditing reforms by states to improve ease of doing biz for MSMEs

This initiative aligns with national priorities such as Viksit Bharat @2047 and Business Reform Action Plan 2024 spearheaded by the Department of Promotion of Industries and Internal Trade, he said.

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Adani Green adds two fresh entities to boost renewable operations

Adani Green Energy is expanding its clean energy reach. The company has formed two new subsidiaries in Gujarat. These entities will focus on generating and distributing renewable power. This move strengthens Adani Green’s commitment to solar and wind energy development.…

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  • 8th Pay Commission: AIDEF seeks review of DA and DR inflation formula to better reflect living costs

    Rising inflation concerns spark fresh demands for reform as Defence employees urge the 8th Pay Commission to overhaul the DA and DR calculation formula. AIDEF says the current inflation index fails to reflect the true cost of living for employees and pensioners.

  • 8th Pay Commission may revamp HRA structure as employee unions seek higher rates and DA linkage

    Rising living and housing costs have intensified calls for major reforms to the 8th Pay Commission HRA. Employee unions have proposed higher HRA rates, DA-linked revisions and regular city reviews to ensure central government employees and pensioners receive better support against inflation.

  • ITR filing 2026: Can you claim corporate health insurance as a tax deduction? Only under these conditions

    Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question. 

  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

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