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US tariffs on India’s Russian oil imports impacting Moscow, says NATO chief

NATO Chief Mark Rutte claims US tariffs on India over Russian oil impact Moscow. Rutte says Narendra Modi contacted Vladimir Putin for clarity on Ukraine strategy after tariffs. Donald Trump earlier imposed tariffs on India for buying Russian oil. Trump…

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Why India Inc CFOs need to become new chief business and future officers

Chief Financial Officers in India are adapting to a more strategic role. They are becoming co-pilots to CEOs, driving transformation and tracking numbers. Adaptability and business leadership are key traits for the new-age CFO. They are uniquely positioned to contribute…

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Govt tracks GST rate cut benefits, field reports due by September end

The central government is checking if companies are giving Goods and Services Tax benefits to buyers. Field reports will decide enforcement after September. Over 50 products are under review. Tax cuts reflect in almost 90 per cent of sectors. An…

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GST 2.0 for hotels: Complex realities for businesses demanding smart strategies

India’s hospitality sector is poised for growth with reduced GST rates on hotel accommodations up to Rs 7,500, effective September 2025. While consumers benefit from lower taxes, hotels face challenges due to the denial of Input Tax Credit, requiring careful…

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India’s duty-free liquor sales outpace domestic market with 13% growth in 2024

Liquor sales at Indian airports are booming. Duty-free and travel retail saw 13% growth, outpacing domestic beverage sector. Whisky dominates, growing 12%. Passenger numbers are expected to rise. Global travel retail is vital for drinks companies. India’s middle class and…

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‘Double standards evident’: EAM Jaishankar takes a shot at US over Russian oil; sends big message on terror

S Jaishankar addressed the G20 Foreign Ministers’ meeting, criticizing double standards in energy purchases, particularly regarding Russian oil, and emphasizing the need for dialogue and diplomacy to address global conflicts. He highlighted the impact of conflicts in Ukraine and Gaza…

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News

  • 8th pay commission: Discussions with employee groups, stakeholders ongoing — Check meeting dates in July 2026 here

    The 8th pay commission is engaged in discussions with employee representatives to formulate pay recommendations, which will impact around 50 lakh central government employees and 65 lakh retired pensioners.

  • How SCSS helps senior citizens earn a ₹20,500 monthly income from ₹30 lakh savings

    Secure your retirement with SCSS, a government-backed savings scheme offering stable income for senior citizens. This article explains how a ₹30 lakh investment can generate around ₹20,500 monthly income with safety, tax benefits and predictable returns.

  • Dearness Allowance: Teachers' bodies in West Bengal welcome 20% DA hike, want another increase this year — What we know

    West Bengal has announced a 20% hike in dearness allowance for state employees and pensioners, raising it to 38% effective October 1. Teachers' organizations welcomed the decision but urged faster implementation and clearance of remaining dues.

  • The RBI just published a list of the tricks your bank plays on you

    New directions on product marketing and sales highlight practices such as bundling and hidden opt-outs, while formalizing safeguards against mis-selling.

  • Bank holiday next week: SBI, HDFC, others closed for only one day between 29 June and 5 July; check here

    UPI and bank apps allow 24/7 transactions. Banks close on specific Sundays and Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules. 

  • Mumbai couple makes ₹2.2 lakh a month yet can't save: Expert explains what they could do differently

    A Mumbai couple earning ₹2.2 lakh monthly struggles to save money. The Reddit post sparked discussions on budgeting issues, with an expert suggesting clear savings plans. 

  • Micron surged 700% in a year: Is it too late to buy? How much should you allocate | What Indian investors need to know

    Micron's stock surged over 700% to $1,184, reflecting a shift from a cyclical to an AI infrastructure narrative. With significant revenues predicted and strong demand for HBM, the future hinges on sustained performance despite potential cyclical risks and varying analyst price targets.

  • ₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'

    He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.

  • How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

    SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.

  • Section 80C: Which small savings schemes qualify for tax deduction and which don't?

    Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.

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