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Finance Minister Sitharaman to embark on 9-day visit to Canada, US to boost trade ties and deepen investment linkages

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman will begin an official nine-day visit to Canada and the United States from August 25 to September 2, 2026, aimed at deepening bilateral economic partnerships and advancing cooperation on global financial…

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India raises $73 bn in forex inflows at record pace

India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap scheme, the finance ministry said.

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Sensex, Nifty trade lower in early deals amid crude oil, geopolitical concerns

Domestic equity benchmarks traded lower in morning deals on Tuesday as investors assessed geopolitical tensions in Middle East and their potential impact on crude oil supplies, while caution prevailed ahead of the monthly expiry of Nifty 50.

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India to amend rules within two months to ease semiconductor, auto component manufacturing: Piyush Goyal

India will amend regulations and introduce new rules within two months for manufacturers. The minister assured companies that their concerns were resolved during recent discussions. The government has simplified the Bureau of Indian Standards framework and approval processes. India aims…

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Income Tax Dept reminds non-audit taxpayers to file ITR by Aug 31

The Income Tax Department on Monday reminded taxpayers with business or professional income who are not subject to tax audit that August 31, 2026, is the deadline for filing their income tax returns for assessment year 2026-27.

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Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explains

The number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, said MSME Secretary.

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  • 7 aggressive hybrid funds delivered 12%+ 5-year SIP returns; Bank of India led with 16.5%

    Seven aggressive hybrid funds delivered 12% or more in five-year SIP returns, led by Bank of India Aggressive Hybrid Fund at 16.50%. However, performance varied widely among the category’s largest schemes, with HDFC Aggressive Hybrid Fund returning 5.99% and ICICI Prudential delivering 12.26%.

  • Gold and silver price today, Sept 28: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities

    Gold and silver prices in India witnessed a sharp drop during early trading hours on Monday. Check retail rates of the precious metals in top metro cities of the country.

  • ₹85.30 lakh cash gifts from relatives: ITAT says donors’ low income alone isn’t enough to reject genuine gifts

    The Chennai ITAT deleted an ₹85.30 lakh tax addition on cash gifts after the taxpayer produced gift deeds, ITRs and financial statements, while all five donors confirmed the gifts. The tribunal said the initial burden under Section 68 was discharged.

  • Customers may not be able to use UPI at mobile stores on October 2; why retailers are protesting

    Mobile retailers  have called for a 'No UPI Day' protest on October 2, during which customers may not be able to use UPI for making payments at mobile shops. Here's why the protest is happening and what are their demands.

  • Can money collected for someone else be taxed as your income? ITAT ruling on ₹20.33 lakh cash deposits

    An 89-year-old retired principal said ₹20.33 lakh deposited in his bank accounts represented hostel fees collected for an education society, with only ₹2,251 left as surplus. The ITAT has sent the case back to the tax officer to verify the records and determine who actually owned the money.

  • Tax audit due date remains Sept 30: No extension yet — Here's how much penalty you could face for late filing

    The September 30 deadline for taxpayers to submit tax audit reports is approaching, with no extensions granted yet. Here's the penalty for late filing. 

  • 3-day bank strike deferred: What happened during union body meet? Will SBI, HDFC Bank now remain open 5 days a week?

    The nationwide bank strike scheduled for 28-30 September has been deferred following an agreement between the IBA and the UFBU. The decision offers temporary relief to bank customers, including those of SBI and HDFC Bank, while discussions will focus on a five-day banking week and unresolved issues.

  • 3-day bank strike deferred after bank union body meet: Will SBI, HDFC Bank remain open on Monday, 28 September?

    The proposed three-day bank strike from September 28 to 30 has been deferred after the IBA and UFBU reached an understanding. SBI and other public sector bank branches are expected to operate normally on Monday, while private banks such as HDFC Bank will remain open.

  • Manufacturing mutual funds: Top scheme delivered over 23% in 1 year—did this stellar return come with higher risk?

    Manufacturing mutual funds have outperformed their benchmark over the past year, with the top schemes delivering strong returns. But higher returns do not tell the full story. How much volatility did investors take on and did the additional returns come with higher risk?

  • Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors

    SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.

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