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World Bank ups India's FY27 GDP growth projections to 6.6 pc; flags Middle-East crisis uncertainty

India’s growth forecast for FY27 is now 6.6 percent, according to the World Bank. This is a slight increase from previous estimates. However, the ongoing Middle East crisis poses a risk to this projection. While GST rate cuts are expected…

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RBI eases board compliance, TReDS norms; CFOs flag governance trade-offs, see gradual credit uptick

Moves to free up board bandwidth boost MSME liquidity welcomed but lenders likely to stay cautious on credit expansion.

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Collective Blindness in the Boardroom: Avoiding a Bolt from the Blue

Ashok Haldia, finance veteran and former Secretary of the Institute of Chartered Accountants of India(ICAI), dissects how boardroom complacency and collective blindness trigger silent resignations, erode investor trust, and signal deeper governance failures, calling for sharper accountability, active oversight, and…

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India set to get first Iranian oil cargo in 7 years, tracking data shows

India is set to receive its first oil shipment from Iran in seven years. This comes after the U.S. temporarily eased sanctions to address supply shortages. The cargo, purchased by Indian Oil Corp, is heading to India’s east coast. This…

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RBI projects FY27 inflation at 4.6%, flags El Nino and conflict risks

The RBI said recent spikes in energy prices due to the conflict have emerged as a risk. Although retail prices of petrol and diesel have remained unchanged so far, the pass-through of higher global energy prices has resulted in some…

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Indian embassy in Iran asks citizens to "expeditiously exit Iran"

Indian nationals in Iran are strongly advised to leave the country immediately. The Indian Embassy in Tehran is coordinating these exits. This advisory follows recent developments concerning US President Donald Trump’s suspension of attacks on Iran. Iran has proposed a…

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  • Income-tax returns: Are all donations 100% exempted from tax under old regime?

    ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more…

  • How a Gurgaon couple spent ₹1.59 lakh and still invested ₹2.2 lakh in March

    The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where ₹50,800 goes towards rent and electricity bills.

  • PM SVANidhi scheme: Street vendors receive loans worth ₹17,800 crore in 6 years; Key points to note while applying

    Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling ₹17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.

  • Moving abroad? Here's when your EPF withdrawal becomes taxable and how NRIs can avoid paying extra tax

    EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.

  • Shifting insurance providers? Improve your policy by porting — Here's why you should consider it and what steps to take

    Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take…

  • Credit card fees piling on? Here's things you can do to reduce or avoid some charges

    Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges…

  • 8th pay commission: Meeting with employee representatives scheduled in Kolkata — Check dates here

    8th pay commission: The 8th CPC will schedule meetings with employee representatives, unions, groups and stakeholders in Kolkata, West Bengal in July 2026. Check dates and full schedule of meetings in June and July here…

  • Radhika Gupta reveals the biggest finance job opportunities for the next decade: ‘Don’t only chase crowded markets…’

    Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.

  • Dearness Allowance: Punjab Cabinet to discuss DA, DR, pay arrear, clears regularisation of over 65,000 employees—Details

    DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported. 

  • Want to move your Sukanya Samriddhi Yojana account to another bank? Here's the complete transfer process

    Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.

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