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India, US trying to finalise interim trade deal before July 9: Sources

India and the United States are in discussions for a temporary trade agreement. Both countries are working to finalize the deal before July 9. The US had previously suspended additional tariffs on Indian goods. India seeks full exemption from these…

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Irdai nudged on premiums, grievances: Finmin wants upgrade in claims settlements, corp governance

The finance ministry has urged Irdai to enhance vigilance on claim settlements and grievance redressal amid rising health insurance premiums. Concerns were raised about premium hikes, corporate governance in stand-alone health insurers, and declining insurance penetration.

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Amazon, Microsoft use AI to generate 25% of their code: Will it take away jobs of software engineers in 2025?

The tech industry faces ongoing job cuts in 2025, largely attributed to the rise of generative AI. Major companies like Alphabet and Microsoft are increasingly using AI for code generation, impacting entry-level positions. This shift has led to concerns among…

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Oil prices fall to over one-week lows as Trump announces Israel-Iran ceasefire

Oil prices plummeted to their lowest in over a week following President Trump’s announcement of a ceasefire agreement between Iran and Israel, easing concerns about potential supply disruptions. Brent crude futures fell by 3.76% to $68.79 a barrel, while U.S.…

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Trump announces a ceasefire in Iran-Israel war, but status remains unclear amid strikes

President Trump announced a ceasefire between Israel and Iran, but its status remains uncertain amidst ongoing strikes. Iran stated it would halt attacks if Israel ceased aggression by a specific deadline, though missile launches continued.

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Private power firms urge gradual phase-out of green energy transmission waiver

In a representation to the Centre, the Electric Power Transmission Association (EPTA) urged the government to adopt a more flexible approach to the planned withdrawal of the Inter-State Transmission System (ISTS) waiver.

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News

  • EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered

    EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.

  • Can you gift overseas property tax-free? What returning NRIs and OCIs should know

    Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.

  • Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report

    Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…

  • From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances

    Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.

  • How NRI money could allow Indian banks to lend more to businesses? Axis Bank CEO explains

    Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.

  • 8th pay commission: Check how much salary could increase with conservative 2.1 and optimistic 3.83 fitment factor

    8th pay commission: Multiple groups, industry watchers, and reports estimate fitment factor could rise up to 3.83. Today we calculate how the conservative and optimistic estimates could each impact your salaries

  • How rupee movements directly affect your gold ETF returns: Experts explain the impact

    For Indian investors, gold ETF returns are driven by global gold prices and currency movements. A weaker rupee can amplify gains, while a stronger rupee can reduce them. However, experts caution against making investment decisions solely on exchange rate expectations.

  • Axis Greater China Equity FoF vs Edelweiss Greater China Equity Offshore Fund: Risks, returns and portfolio compared

    Edelweiss Greater China Equity Offshore Fund has delivered slightly higher average returns and marginally better risk-adjusted performance, while the Axis Greater China Equity FoF has experienced lower volatility and has a higher Sortino ratio.

  • Dearness Allowance: What is DA merger and why the issue is in focus now, explained

    Dearness Allowance: DA and DR are revised twice annually based on the All-India Consumer Price Index (AICPI) formula as prescribed under the 7th central pay commission. Today, we explain DA merger and why the issue is in focus now.

  • Can your tax refund be denied if you missed filing ITR last year? Here are your options

    Missing the income tax return deadline doesn't eliminate the possibility of claiming a refund for excess tax deduced in FY 2024-25, but options are limited. Details here. 

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