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Gold declines Rs 900 to Rs 98,900/10 g on Iran-Israel ceasefire hopes

Gold prices plummeted Rs 900 to Rs 98,900 per 10 grams in the national capital on Tuesday as the expectations of a ceasefire between Iran and Israel reduced the precious metal’s safe-haven appeal in the global market.

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Vedanta Resources secures $600 mn loan for refinancing high-cost pvt credit facility

Vedanta Resources has secured a USD 600 million term loan to refinance a high-cost private credit facility, with USD 380 million already committed by a consortium of international banks. This refinancing aims to reduce interest costs by approximately USD 50…

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A $17 billion opportunity: Why global capital is chasing India’s office assets

India’s commercial real estate sector has transformed into a globally competitive market, attracting multinational tenants and institutional investors. The office sector, driven by the growth of Global Capability Centers (GCCs) and REITs, offers high-quality spaces at competitive costs. This presents…

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Walmart $10bn sourcing goal on track, says CEO McMillon; aims to strengthens India ties with export and digital push

Walmart aims to source $10 billion in goods annually from India by 2027, according to CEO Doug McMillon during his recent visit. The company is expanding its sourcing beyond traditional categories, engaging with a more diverse range of Indian suppliers.…

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GST defaulters can’t play ‘ducks and drakes’ with courts: Apex court

The Supreme Court has taken a strong stance against GST defaulters who use bail deposits in High Courts as a loophole to challenge their financial obligations. Labeling this approach as unjust, the Court argues that it disrupts the proper functioning…

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Indian exporters outperform global peers despite geopolitical headwinds: Finance Minister

Finance Minister Nirmala Sitharaman on Monday lauded the resilience of Indian exporters, highlighting that the country’s export growth of 6.3 percent has significantly outpaced the global average of 4 percent despite an increasingly complex geopolitical landscape.

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News

  • ITR filing deadline extended to Sept 15: Will there be penalty if you file return after July 31?

    Under section 234A of Income Tax (I-T) Act, interest is charged when ITR is filed after the due date. Since the last date has been extended, no interest will be payable till Sept 15 so long as the advance tax has been paid

  • Will an Indian beneficiary of a foreign trust face tax liability here?

    As a non-resident, transferring foreign assets into a foreign trust will not trigger any tax liability for you in India.

  • Grey market trading lessons for retail investors from HDB Financial IPO

    HDB Financial’s fall in the grey market just ahead of the IPO is a wake-up call for investors looking to buy unlisted shares.

  • FDs Vs PPF: Does this still make sense to invest in fixed deposits? Check details

    RBI cut the repo rate by 25 basis points in February followed by another 25 basis points cut in April and a jumbo cut of 50 bps in June. In total, RBI cut the repo rate by 100 basis points in 2025.

  • EPFO alert! Auto settlement limit for advance claims raised from ₹1 lakh to ₹5 lakh for faster fund access

    Labour Minister Mansukh Mandaviya announced that the EPFO raised the auto claim settlement limit for advance claims of provident funds (PF) to ₹5 lakh for faster access on Tuesday, 24 June 2025. 

  • 5 easy steps to reduce personal loan EMI and save money

    Reduce personal loan EMIs with smart tips like part-prepayment, balance transfer, and longer tenure to ease monthly burden and boost cash flow.

  • Mutual funds turn out to be aggressive buyers via bulk and block deals: Report

    Mutual funds: An analysis of deals since January shows domestic funds accounted for 20 percent of the top transactions, primarily where promoters or private equity players were offloading stakes.

  • How to apply for an education loan without collateral? A complete guide

    Unsecured education loans offer students in India a way to finance their studies without collateral. Lenders assess academic performance and financial background before approval. Proper planning is essential for successful loan acquisition.

  • What happens if you default on a gold loan? Consequences explained

    A gold loan allows borrowers to use gold as collateral for urgent expenses. Defaulting can lead to financial and legal issues, negatively impacting future credit applications. Responsible borrowing and communication with lenders are crucial to avoid repercussions.

  • Can I legally pay branch rent to HUF when the property is registered in individuals' names?

    To rent jointly owned property through HUFs, owners must first transfer their shares to the HUFs. This can be done by selling or gifting the shares. Rent payments must go to individual owners, as the agreement is not in the HUF names.

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