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Swiggy, Zomato deliveries to cost more from Sept 22. Finance Ministry explains the why & how behind it

From September 22, food delivery via Zomato, Swiggy and Magicpin will cost more as 18% GST applies on delivery charges, adding Rs 2–2.6 per order. This comes alongside higher platform fees—Swiggy at Rs 15, Zomato at Rs 12.50, and Magicpin…

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RBI likely to cut rates by 25 bps each in Oct, Dec MPC; CPI may avg at 2.4% in FY26: Morgan Stanley

The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to…

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Bank earnings may rebound in FY27 after slowdown in FY26 amid margin, credit pressures

Mid-sized private banks with higher exposure to microfinance and unsecured retail loans have faced the steepest earnings cuts, with some seeing declines of 40-95% over the past year.

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Google parent Alphabet enters $3 trillion market cap club, powered by AI optimism and legal relief

Alphabet’s shares surged, propelling it into the $3 trillion market-cap club alongside tech giants like Apple and Microsoft. This milestone was fueled by easing regulatory concerns, strong cloud demand, and growing AI enthusiasm. The company’s diversified business and expanding role…

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Ambani’s Reliance raises $2.4 billion in asset-backed securities

Reliance Group companies, led by billionaire Mukesh Ambani, have successfully raised approximately 210 billion rupees through asset-backed securities. This deal, one of India’s largest this year, saw strong demand from leading asset managers like Aditya Birla Sun Life and HDFC…

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GST Rate Cut: With anti-profiteering law gone, can govt still enforce pass-through to consumers?

Industry and consumers anticipate a consumption boost from GST rate rationalization, yet concerns linger about benefit transfer to consumers, especially with the anti-profiteering mechanism’s expiration. Companies face challenges in calculating the actual impact and dealing with existing stock. While some…

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  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

  • ITR filing 2026: Who pays a taxpayer's tax dues after death? Do they have to pay from their own pocket?

    After a taxpayer's death, their legal heirs or legal representative is responsible for filing ITR on their behalf. Legal heirs are not liable for a deceased taxpayer's tax dues beyond inherited asset value.

  • Missed declaring FD income last year? Here's how you can rectify it and what happens if you ignore it

    Fixed deposits offer safe, assured returns but are taxable under income tax laws. Taxpayers who missed declaring FD interest can file an updated return (ITR-U) within four years, allowing for corrections with varying additional tax penalties based on the filing time. Details here.

  • Power of compounding: Become crorepati with ₹12,500/month PPF contribution—Here's how you can build ₹6.75 crore corpus

    Investment planning should align with current finances, risk tolerance, and future goals. The Public Provident Fund (PPF) offers a safe, low-risk option for long-term savings, providing tax benefits and guaranteed returns, making it an ideal choice for wealth building.

  • AMFI seeks review of decade-old $7 billion overseas MF investment cap

    AMFI plans to again approach RBI, Sebi and the government to raise the decade-old overseas investment cap for mutual funds. The industry says a higher limit will give investors greater access to global markets.

  • Buy Nvidia at 2 am on a Sunday? How Indians can own tokenised US stocks and how they differ from traditional trading

    Nvidia's stock surged over 1,000% since the ChatGPT release, becoming the world's most valuable company. Investors are now eyeing other AI chipmakers like Micron and Sandisk, while tokenized stocks offer a new way to invest in these companies.

  • Bitcoin crash far from over? Experts see another 30% downside to $42,000 | Buy, sell or hold?

    Bitcoin futures dropped to $58,995 on Thursday, over 50% below last year's peak, with predictions indicating a further decline to around $42,000-$44,000 by year-end. Profit booking across assets and rising AI investments contribute to selling pressure amid a strong U.S. Dollar Index.

  • Income-tax returns: How much rebate can you claim under Section 87A? Eligibility and rules explained

    Income-tax returns: Filing your ITR for AY27 / FY26, here's how much rebate you can claim under Section 87A of the I-T Act. We explain the eligibility criteria, tax regime details and rules for taxpayers.

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