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Domestic demand lifts commercial vehicle sales in April, export pressures persist

India’s commercial vehicle (CV) segment reported a mixed performance in April 2026, with strong domestic demand supporting growth across major manufacturers, while export pressures and segmental weakness weighed on overall momentum, according to the monthly sales data released by companies.

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Net direct tax collection rises 5% to Rs 23.40 lakh cr in FY26, misses revised budget target

India’s net direct tax collections reached over Rs 23.40 lakh crore in fiscal year 2025-26. This marks a 5.12 per cent increase from the previous year. However, the collections fell short of the revised government target for the fiscal. Corporate…

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IndiGo ropes in former Airbus executive for AI push

​Hoesch’s appointment comes at a time when the domestic aviation industry is sharpening its focus on AI to enhance efficiency amid pressure on operating costs especially high jet fuel prices.

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Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Oil prices saw a dip on Tuesday. This followed a significant rise after indications that the U.S. Navy is easing Iran’s control over the Strait of Hormuz. This development could potentially unlock vital oil supplies from the Middle East. The…

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Trump warns Iran would be "blown off the face of the Earth" if Tehran attacks US vessels in Strait of Hormuz

US President Donald Trump on Monday (local time) sharpened his warnings to Iran over its nuclear program and regional tensions, saying that the United States “can’t let Iran have a nuclear weapon”. During a Fox News interview, Trump also suggested…

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NRI investors shift second-home bets to domestic hotspots amid global uncertainty

Indian second-home markets like Goa and Himachal Pradesh are seeing a surge in demand. High-net-worth individuals are shifting investments from Dubai to India. This trend is driven by a desire for stability and familiarity. Indian destinations offer lifestyle benefits and…

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  • Aarogya Setu 2.0 launch today: How India’s new digital health platform may cut healthcare costs

    A smarter healthcare future begins with Aarogya Setu 2.0, bringing digital health records, ABHA integration, insurance support and easier access to medical services. The new platform aims to simplify healthcare access, reduce paperwork and improve patient experiences.

  • 8th Pay Commission: 5 key employee demands take centre stage ahead of crucial July consultations

    8th Pay Commission: Five major employee demands move into focus ahead of July consultations. Demands include pension revision, pay parity, maternity benefits and other allowances.

  • From ITR filing to TDS: 6 major tax deadlines in July 2026 that every taxpayer should know

    July is crucial for taxpayers due to key compliance deadlines, including income tax return filing. Missing deadlines can result in penalties and late fees. Full list of due dates this month.

  • EPFO 3.0: UPI, ATM withdrawal facility rollout date, limit, will you get an ATM card — All questions answered

    EPFO subscribers can soon withdraw provident fund savings via UPI apps and EPF-linked ATMs under the new EPFO 3.0 digital platform. 

  • EPFO portal upgrade: What changes for EPF members, what happens to existing claims, when you can file a new claim

    The EPFO's member and employer portals have been down since June 26 for software upgrades, causing delays in claims processing. Services are anticipated to resume by July 1, 2026. Here's what changes for EPF members among other details.

  • Mumbai IT employee hit with ₹3.36 lakh tax demand after employer fails to deposit TDS — here's what happened next

    A Mumbai IT professional faced a tax demand of ₹3.36 lakh after her employer failed to deposit deducted TDS. The ITAT ruled in her favor, stating tax demands cannot be raised if TDS is deducted but not remitted. Details of the case here.

  • Meet 29-year-old techie who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings

    Meet 29-year-old software engineer named Michelle Yeung who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings.

  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

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