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ICAI to push for curbing foreign travel, other forex-saving ways among its members, officers

​There will be curbs on foreign travel for the members holding positions at the institute, as well as the officers. If there are alternatives of having meetings virtually, then overseas travels will be curtailed, and such travels will be allowed…

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Kishore & Rakesh Biyani fined for Future Retail disclosure lapses

SEBI has fined Kishore Biyani, Rakesh Biyani, and former CFO C P Toshniwal a total of ₹50 lakh for violating disclosure norms and related party transaction rules in the Future Retail case. The regulator found inadequate disclosure of relationships and…

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CBI seizes forensic audit, tax records at RCom director's residence

Central Bureau of Investigation officials searched the home of Grace Thomas, a director at Reliance Communications. The operation focused on her past role at Reliance Telecom Limited. CBI seized personal details, a forensic audit report, and accounts records. Reliance Communications…

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Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifies

Consumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi’s call for austerity measures. Jewellers report a significant increase in sales. Customers fear higher import duties or GST on gold. Many are advancing purchases…

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How streamlined GST credits may help Indian manufacturers stay agile amid global disruption

As India opens its markets through FTAs, domestic cost structures, especially those linked to GST credit accumulation, become even more critical to ensure a level playing field.

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Uday Kotak puts India's troubles in perspective as the economy swings between hope and despair in the wake of Iran war

CII Annual Summit: Uday Kotak issued a rallying cry for India to gear up for looming global challenges. He stressed upon the importance of a proactive stance rather than a wait-and-see approach for India to successfully navigate the current global…

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  • Parag Parikh Flexi Cap doubles down on IGL, MGL; adds more ITC and bank stocks

    Parag Parikh Flexi Cap Fund doubled its holdings in IGL and MGL while increasing exposure to ITC, HDFC Bank and ICICI Bank, without introducing any new stocks.

  • Not Bitcoin or Ethereum: These were the most popular crypto tokens in May

    In May, traders sought lesser-known tokens. While Bitcoin and Ethereum struggled, digital assets such as HYPE and BNB gained. Here's why major tokens failed to entice investors, and some tokens emerged as winners. 

  • 'The less I tinker, the better it works': inside Radhika Gupta’s autopilot portfolio

    The Edelweiss Mutual Fund CEO manages thousands of crores for investors, but her personal wealth strategy relies on an annual ritual that keeps emotion out of the market.

  • ITR filing AY 2026-27: Complete list of deductions and exemptions available under new tax regime

    While the old tax regime offers a wider range of exemptions and deductions, the new tax regime still provides several tax benefits. Salaried taxpayers can benefit from the standard deduction of ₹75,000, making income up to ₹12.75 lakh effectively tax-free in the new regime.

  • HDFC Bank raises MCLR by up to 10 bps across tenors — Check latest lending rates here

    HDFC Bank's MCLR has increased by up to 10 basis points as of June 8, 2026. Check latest lending rates here.

  • Income tax return for AY 2026-27: Is filing your ITR too early a mistake this year?

    Balwant Jain, tax and investment expert, said taxpayers should avoid rushing to file immediately after the utilities become available, as AIS records continue to evolve.

  • Top 5 large- and mid-cap funds beating the benchmark: Meaning, benefits and risks explained

    Large- and mid-cap funds are equity mutual funds that are required to invest at least 35% of their assets in large-cap stocks and at least 35% in mid-cap stocks. Check the list of the top 5 large- and mid-cap funds that have generated the highest alpha in this category.

  • Atal Pension Yojana vs NPS: Key differences, benefits and who should choose which

    APY offers guaranteed monthly pensions for unorganised sector workers, while NPS is a flexible, market-linked retirement savings option for a wider audience. Details here.

  • 8th pay commission: What is ICMR's 3,490-calorie formula recommendation?

    The 8th Pay Commission, chaired by former Supreme Court Justice Ranjana Prakash Desai, is reviewing pay structures and allowances for central government employees. Amid this, here are calorie and food expenses related demands from employee groups, explained…

  • Dearness Allowance: How DA is treated under Income Tax, explained

    One of the most closely watched components of government employees' salaries and pensions, here's a look at if DA is subject to income-tax, whether it must be reported in your income tax returns filing and more.

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