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Asian markets mixed ahead of US data, expected Fed rate cut

Asian markets struggled into the weekend on Friday following a bland lead from Wall Street as a mixed bag of US data did little to move the needle on expectations the Federal Reserve will cut interest rates next week. And…

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Rupee likely to inch up ahead of RBI decision after recovery tempers bearish run

Today, the Indian rupee is set to open on a slightly stronger note, fueled by recent gains that have mitigated its previous downward trend. As investors gear up for the Reserve Bank of India’s pivotal interest rate decision, all eyes…

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Govt may seek bids for $7 billion IDBI Bank stake this month

India is preparing to invite bids for its 60.72% stake in IDBI Bank Ltd., valued at approximately $7.1 billion. This move is a significant step in the government’s privatization efforts for the lender. Talks with potential suitors are advanced, with…

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Suzlon unveils plan for 3 new AI-enabled smart blade units

The company aims to speed up the fulfillment of its large order book. These new facilities will integrate advanced automation and digital systems. Suzlon is also upgrading its existing plants.

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IngiGo seeks FDTL exemption for A320 fleet, assures op stability by Feb 10: DGCA

IndiGo, which is experiencing operational disruptions and cancellations, has sought temporary operational exemptions from certain Flight Duty Time Limitations (FDTL) provisions for its A320 fleet until February 10, 2026, and assured that operational stability will be restored by that date,…

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No GST on leasing out residential premises as hostel for students: SC

The Supreme Court has made a significant ruling, stating that leasing residential properties for student and professional hostels is exempt from Goods and Services Tax. By affirming the Karnataka High Court’s earlier decision, the court emphasizes the importance of preserving…

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News

  • Gold and silver price today, Sept 16: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities

    Gold prices in India rose nearly 0.65% today amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today. 

  • UPI MDR from October 15: Will your mutual fund SIP, insurance premium or OTT AutoPay get costlier?

    UPI will introduce MDR on select merchant payments above ₹2,000 from 15 October, but the new charge does not apply uniformly to all UPI transactions. Mutual fund SIPs through UPI AutoPay remain outside the prescribed MDR, while one-time capital-market payments get a lower 0.02% rate.

  • UPI MDR from 15 October: How merchant charges compare with credit, debit card fees and credit-linked UPI

    From 15 October, NPCI's new MDR policy will apply to certain UPI transactions. Here's how the merchant charges compare with credit card and debit card fees, and credit-linked UPI. 

  • Got a stipend while studying? ₹18.34 lakh ITAT case explains when students can claim income-tax exemption

    A postgraduate medical student received ₹18.34 lakh as a stipend from Aligarh Muslim University, but the Income Tax Department treated it as taxable salary. The Delhi ITAT held that the stipend was linked to her education and compulsory residency training and allowed the Section 10(16) exemption.

  • More households are moving up income ladder: How India's wealth pyramid could change by FY31

    India’s income pyramid is shifting rapidly, with millions of households moving into higher-income brackets. As earnings rise, spending patterns, savings and investment behaviour are also changing. 

  • 5 simple money lessons from The Intelligent Investor by Benjamin Graham: Market moods, picking stocks and more

    Benjamin Graham’s The Intelligent Investor advises on understanding investments through careful examination. Check out these 5 simple money lessons from the celebrated book.

  • Government clarifies credit card-linked UPI payments exempt from 0.4% fee

    The clarification comes ahead of the revised UPI fee structure, which is scheduled to take effect from October 15. Under the new framework, a 0.4% MDR will be applicable to certain direct account-to-merchant-account UPI payments above ₹2,000, with the fee capped at ₹300 per transaction

  • Same mutual fund category, different capital gains tax? How a scheme's portfolio can change your tax bill

    Mutual fund investors cannot always rely on a scheme’s category to determine capital gains tax. The actual portfolio allocation and tax classification can change the holding-period threshold and tax rate. Here’s what investors should check before redeeming.

  • NPS Vatsalya: Rules for withdrawal and exit from scheme, explained

    National pension scheme: The NPS Vatsalya Scheme allows children below 18 years to partially withdraw funds from their accounts under certain circumstances. We take a look at the process and how it works…

  • Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    Large & mid-cap funds offer investors a single-fund route to large and mid-cap stocks. But how do their returns compare with pure large-cap and mid-cap funds, and what does their portfolio allocation reveal about the differences?

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