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Commercial LPG prices hiked by Rs 15.50; ATF prices up by 3,052.50

Oil marketing companies will revise fuel prices from October 1, 2025. Commercial LPG cylinders will see a price increase of Rs 15.50 in Delhi. Aviation turbine fuel will also increase by over Rs 3,000 per kilolitre. Domestic LPG cylinder prices…

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US government lurches toward shutdown, Trump threatens fresh cuts

The U.S. government is poised for a shutdown after a Senate vote to extend funding failed, driven by deep partisan divides over healthcare subsidies. President Trump’s threats of layoffs and withholding funds exacerbate the crisis, potentially disrupting essential services and…

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Japan’s MUFG set sights on 20% stake in Shriram Finance for $2.6 billion

Mitsubishi UFJ Financial Group (MUFG) is in advanced talks to acquire a 20% stake in Shriram Finance for ₹23,200 crore ($2.6 billion), potentially the largest FDI in an Indian NBFC. The investment would be via a primary issuance, with MUFG…

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Sebi’s new disclosure rules for promoter relatives: Implications for listed companies

Sebi’s recent clarification mandates listed companies disclose promoter relatives, including in-laws and their entities, in shareholding filings, even without direct ownership. This move, intended to enhance transparency, has sparked debate among India Inc. Lawyers criticize it as “absurd” and “impractical,”…

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Centre receives Rs 12.83 lakh crore in receipts up to August this fiscal

The monthly accounts of the Government of India up to the month of August, 2025 has been consolidated and reports published.

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Maha Cabinet approves tax hike on sale of electricity to fund PM-KUSUM scheme

The Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis, on Tuesday, approved a hike of 9.90 paise per unit in the additional tax on sale of electricity (Additional Time of Supply/Servicing Equipment) to be recovered from industrial and commercial consumers…

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₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules
The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.
NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief
An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.
Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains
Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.
FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?
When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.
Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed
Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.
Train ticket insurance from October 27: Is it mandatory, what is the current premium, coverage and claim process?
The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.
Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits
An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.
DA hike before Diwali 2026: How much extra salary could central government employees get if DA rises to 63%?
Central government employees could get a festive-season salary boost if the Centre approves a DA hike from 60% to 63%. Here’s how much extra monthly salary and July arrears employees could receive across different basic pay levels, and what remains unconfirmed.
EPFO scheme offers up to ₹15,000 to first-time employees: Check eligibility, salary limit and payment rules
Eligible first-time employees can receive up to ₹15,000 under the EPFO-linked PM-VBRY scheme. Check the salary limit, joining dates, EPF membership rules, six- and 12-month service requirements and the financial literacy course needed for the second instalment.
Failed UPI, ATM or card payment? Here's when you'll get ₹100 per day for a delayed refund — Key RBI rules explained
Failed UPI payments, unsuccessful ATM withdrawals and other payment errors can qualify for ₹100 per day in compensation if refunds exceed RBI's prescribed deadlines. Know the T+1 and T+5 rules, how turnaround time is calculated and what to do if your refund is delayed.