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Delhi HC slams Centre over no GST exemption on air purifiers in ’emergency situation’

The Delhi High Court has expressed strong displeasure with authorities for failing to grant tax exemptions on air purifiers. The court highlighted the current emergency situation with ‘very poor’ air quality. It urged authorities to consider temporary tax relief for…

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India okays new airlines in attempt to challenge aviation duopoly; Al Hind Air, FlyExpress, Shankh Air cleared for takeoff

India’s aviation sector is bracing for new competition. Two airlines, Al Hind Air and FlyExpress, have received government approval. Shankh Air, already cleared, plans to launch operations next year. This move aims to break the market’s duopoly, currently dominated by…

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Despite global FDI slowdown, India’s gross inflows remain healthy in FY26: CareEdge Ratings

Even as global foreign direct investment (FDI) has been losing momentum over the years, India’s gross FDI inflows have remained resilient, supported by steady investment interest, according to a report by CareEdge Ratings.

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Auto dealers move SC seeking refund of ₹2,500 crore GST compensation cess

Dealers paid compensation cess on inward supplies expecting set-off, but with GST 2.0 ending cess liability and no transition mechanism, the credit is now unusable.

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Kalpa Power names Pankaj Aggarwal as CFO to back 5 GW renewable push

Pune-based Kalpa Power has appointed Pankaj Aggarwal as its new CFO to support its ambitious goal of reaching 5 GW capacity by 2030. With over two decades of finance and strategy experience, Aggarwal will oversee finance and compliance, bolstering governance…

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China clears Haier to dilute stake in India arm; Bharti–Warburg set to buy 49%: Sources

Chinese government has reportedly approved Haier’s sale of a 49% stake in its Indian arm, Haier Appliances India, to the Bharti Enterprises-Warburg Pincus combine. This strategic move aims to overcome regulatory hurdles and facilitate capital infusion for expansion. The deal,…

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News

  • Will your minor child's income be clubbed with yours while filing ITR? Know when and how it is taxed

    Minors can earn income independently through various means without it being taxed under their parents' income. Here's when and how their income is taxed in different scenarios.

  • Bank holidays this week: SBI, HDFC, ICICI, PNB closed on up to 4 days from 14–20 Sep; check city-wise RBI list

    Banks will remain closed on four days between September 14 and 20, 2026, although the closures vary by location. Here is the RBI holiday calendar-based list for customers planning branch visits this week.

  • Indian investors are overpaying for foreign ETFs. Beware the risks.

    Foreign investment limits and a new Sebi price-band rule have sent international ETF market prices soaring above their intrinsic NAVs, leaving buyers exposed if artificial premiums collapse.

  • Hybrid home loans offer rate certainty, but read the fine print

    With the repo rate at 5.25%, hybrid home loans offer borrowers a way to lock in EMI certainty, but the premium can make floating rates the better bet.

  • Nagaland govt examining delays in pension, other retirement benefits — Here's what could change

    The Nagaland government has formed a committee to address pension delays and digitise the process, Chief Minister Neiphiu Rio informed the state Assembly. He noted issues stem from procedural non-compliance and inadequate guidance for retirees.

  • PFRDA looking to allow workers registered on e-Shram portal to open pension accounts via mobile phone, says Chairman

    The PFRDA is working on tech to allow workers from the informal sector, registered on its e-Shram portal, to open pension accounts via mobile phone, according to Chairman S Ramann. 

  • Small-cap funds can fall harder than large-caps. How should investors size their bets?

    Small-cap funds offer high growth potential but come with significant volatility. 

  • Atal Pension Yojana: Premature withdrawal rules and how to claim maturity payout amount, explained

    Administered by the Pension Fund Regulatory and Development Authority, the Atal Pension Yojana (APY) aims to create a universal social security system in India. Today, we check the rules for premature withdrawal and how to claim maturity payouts.

  • PPF: Investing ₹1.5 lakh/year will accumulate this much corpus till your child turns 18 — Check calculations

    Today, we take a look at how much annual contributions of ₹50,000, ₹1 lakh and ₹1.5 lakh, made either as lumpsum or monthly credits, can generate for your child over 18 years. We also check how much they can accumulate by continuing the account till retirement…

  • What happens to your mutual fund units if an AMC shuts down? Franklin Templeton and Morgan Stanley cases offer answers

    An AMC shutting down does not mean investors lose their mutual fund units or the underlying stocks and bonds held by the scheme. Here’s what happens when a fund house closes, transfers schemes to another AMC or winds up a mutual fund.

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