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Akasa Air completes strategic investment transactions, welcomes new partners

Akasa Air finalized strategic investments from Premji Invest, 360 ONE Asset, and Claypond Capital, along with additional funds from the Jhunjhunwala family. These investments will fuel Akasa Air’s expansion plans, enhance customer experience, and invest in advanced technology, aiming to…

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GST rate rejig to give Rs 1.98 lakh cr consumption boost, yearly revenue loss seen at Rs 85,000 cr: Report

GST reforms are on the horizon. These reforms may bring a two-tier tax structure. Household goods may see lower tax rates. An SBI Research Report suggests a revenue loss of Rs 85,000 crore annually. However, consumption may increase by Rs…

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Cabinet approves blanket ban on online money games; proposes 3 years jail, fine upto Rs 1 crore

The cabinet has approved a bill to ban online money gaming due to addiction and financial losses. The bill proposes penalties for violations and impacts companies like Dream11. It aims to curb cybercrime and money laundering. The government will promote…

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Trump imposed "sanctions on India" to end Russia-Ukraine war: White House

US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia from pursuing the Ukraine conflict. Trump has doubled India’s tariff to 50 per cent by imposing…

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India aims to capture 10% of global green hydrogen demand: MoS Shripad Naik

India is setting its sights on becoming a global hub for green hydrogen exports, with the government laying out an ambitious roadmap to capture a significant share of the emerging clean fuel market. At the FICCI Green Hydrogen Summit 2025…

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Centre to table Online Gaming Regulation Bill in Lok Sabha today

The central government will present the Online Gaming Bill 2025 in Lok Sabha. Ashwini Vaishnaw will introduce the bill. It focuses on regulating online gaming and e-sports. The bill aims to curb online money games and protect users. It seeks…

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  • Gold, silver prices today, 21 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 21 October: Check the latest 24K and 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities. Also, track MCX gold and silver futures, key market movements, and factors influencing precious metal prices.

  • SIFs vs mutual funds performance in 2026: Equity and hybrid scheme returns, risks compared — what investors need to know

    SIFs offer long-short strategies that traditional mutual funds generally cannot. A study compares their downside protection, market recovery, and year-to-date returns, with equity long-short SIFs down 1.8% versus 6.9% for large-cap funds. Here's what investors need to know. 

  • Finance Ministry exempts interest on NDB's Maharaja Bonds from TDS: What changes for resident investors and FIIs?

    The Ministry of Finance has exempted interest payments on the New Development Bank’s Maharaja INR Bonds from TDS for eligible resident investors and foreign institutional investors from the tax year 2026-27.

  • Small-cap mutual funds: Should you pick funds with high index overlap? What one-year returns show

    Small-cap mutual funds with higher benchmark overlap did not necessarily deliver better returns. Value Research data shows one-year returns ranging from -0.1% to 29.1% across 10 schemes, highlighting why investors should look beyond portfolio overlap when choosing funds.

  • Bought a ₹50 lakh LIC policy on ₹4.81 lakh income? Why ITAT rejected the woman’s claim and upheld the tax addition

    A woman who declared ₹4.81 lakh income invested ₹50 lakh in an LIC policy, claiming the money came from her late husband’s HUF. ITAT rejected her explanation for lack of evidence and upheld the ₹50 lakh addition as unexplained investment.

  • CBDT notifies Form 173A for government securities: New tax exemption rules for eligible foreign investors

    CBDT has notified Form 173A for eligible foreign institutional investors and the Bank for International Settlements claiming tax exemption on government securities. The form requires disclosures on holdings, interest income and capital gains.

  • Indian equities vs gold vs US stocks: Which asset class delivered the highest returns in 2026 so far?

    Indian equities fell 6.81% in 2026 so far through September, while US stocks gained 12.75% and gold rose 11.56%, according to Edelweiss Mutual Fund research. Short-term bonds returned 3.57%, while silver and Chinese equities posted losses.

  • One family brand, two heirs: how can you avoid trademark disputes?

    A family trademark is not a separate legal category under India’s trade mark law. For business owners planning succession, the key is to clarify ownership and usage rights before disputes arise.

  • Emergency fund: Earn ₹1 lakh a month? Here’s how much you should save for 6, 9 or 12 months, experts explain

    An emergency fund should cover six, nine or 12 months of essential expenses, depending on job security, family responsibilities and income stability. Home loan EMIs, insurance premiums and school fees should be factored into the savings target.

  • Land dispute lasted 23 years and ended in a ₹1.5 crore payout. Why did ITAT classify it as capital gains?

    A ₹1.5 crore payout after a decades-long land dispute was held taxable as capital gains, not income from other sources, by Ahmedabad ITAT. The ruling clarifies the tax treatment of assigned property rights, but does not make the receipt tax-free.

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