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Trump slaps 25% tariff on India, plus a penalty for using Russian weapons & oil

President Trump announced a 25% tariff on Indian exports, effective August 1, 2025, citing the lack of a finalized trade deal. He criticized India’s high tariffs and non-monetary trade barriers, highlighting its close ties with Russia, including military and energy…

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Sebi fines 11 entities Rs 4 cr for share price manipulation

Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL) using social media channels.

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Trump announces 25% tariff on India starting Aug. 1, unspecified penalties for buying Russian energy

Donald Trump plans to impose a 25% tariff on Indian goods. An additional import tax is also planned. This is due to India’s purchase of Russian oil. Trump states India’s tariffs on US goods are too high. He mentions India’s…

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IndiGo profit falls 20 pc to Rs 2,176 crore in June quarter

IndiGo, India’s largest airline, experienced a 20% decline in profit after tax, reaching Rs 2,176.3 crore for the quarter ending June 2025. Despite geopolitical tensions, airspace restrictions, and an accident in the Indian aviation sector, the airline remained profitable. Passenger…

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Govt appoints law secy Anju Rathi Rana as ex-officio member of IBBI

The government has appointed Anju Rathi Rana, the law secretary, as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI). This appointment, made under the Insolvency and Bankruptcy Code, allows the Ministry of Law & Justice representation…

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Decathlon aims to boost sourcing from India to $3 billion, create 3 lakh jobs by 2030

Global sports retailer Decathlon has announced that it will boost its local sourcing in India to $3 billion by 2030 as part of the ‘Make in India’ policy.

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  • Dearness allowance delay July 2026: Government employees await DA hike and arrears update — what to watch next

    Central government employees and pensioners are still awaiting the July 2026 dearness allowance (DA) and dearness relief (DR) revision. Despite recent Cabinet meetings and bonus announcements, the Centre has not confirmed the hike, revised rate or arrears payment timeline.

  • Need an air ambulance? Your health policy may not cover the full cost

    Air ambulance cover varies widely across health policies, with sub-limits, approval requirements and claim conditions. A few clauses can determine whether families pay lakhs out of pocket.

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

    Gold and silver prices fell on 22 October. Check the latest retail rates of 24K and 22K gold and 999-purity silver in Delhi, Mumbai, and Kolkata. Here's how prices have changed and what to watch ahead of the US Federal Reserve’s policy meeting. 

  • GIFT City funds vs international mutual funds: Returns, minimum investment and tax compared

    With many international mutual funds closed to fresh investments under RBI’s $7 billion overseas cap, GIFT City funds offer Indian investors another route to US and global equities. Here’s how they compare on minimum investment, taxation and returns, and what the LRS limit means for you.

  • Sold a house and bought another within 2 years? Here's when capital gains could still be taxable – Section 54 rules

    Sold a residential house and reinvested the capital gains? Section 54 of the Income-tax Act, 1961, now Section 82 under the 2025 Act, offers tax relief subject to specific conditions. Here’s when the exemption can be denied or withdrawn.

  • Fuel prices today: Check petrol, diesel and CNG rates on 22 October in different cities across India

    On 22 October, petrol and diesel prices were unchanged across 14 cities. CNG prices rose in nine of 13 locations and held steady in four; Chennai, 

  • Which transactions can trigger notice from Income Tax Department? Know rules for large cash deposits and UPI transfers

    Large UPI transfers do not automatically trigger income tax notices, but unexplained bank credits can attract scrutiny. From freelancers to individuals receiving money for others, here's when digital transactions may raise red flags and what records to keep.

  • Term insurance claim amount rejected after death: Which common mistakes can put your family's payout at risk? List here

    Term insurance provides a death benefit to beneficiaries during a fixed policy term, helping families manage debts and future expenses. Here's why a claim can get rejected.

  • DA hike 2026: No festive relief yet for 1.2 crore employees and pensioners. When will Centre announce the 3% increase?

    Central government employees and pensioners face a longer wait for the July 2026 DA hike. The expected 3% increase could raise DA to 63%, boosting salaries and pensions. Here's what the delay means for monthly payments and arrears.

  • NPS vs mutual funds: Need your retirement savings at 35? Check withdrawal rules, lock-in periods and tax benefits

    NPS and retirement-focused mutual funds differ in withdrawal rules, lock-in periods and tax benefits. Investors planning a home purchase, career break or early retirement should understand how much of their savings they can access and when.

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