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CS, CMA inclusion in income tax audits may hinge on EY curriculum review

Amid an ongoing debate over whether CMA and CS should be included as accountants in the new Income Tax Bill and allowed to conduct tax audits — a role currently reserved for Cas — the Lok Sabha’s Select Committee has…

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India markets regulator to review provisions for members’ conflict of interest

SEBI will establish a committee to review conflict of interest provisions among its members, following allegations during the tenure of former chairperson Madhabi Puri Buch. Additionally, SEBI has approved raising the AUM threshold to 500 billion rupees for foreign portfolio…

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Billion-dollar US levies on Chinese ships risk ‘trade apocalypse’

A US proposal to impose hefty levies on Chinese-built ships is creating significant disruptions in global trade. Steel pipes for a Louisiana project remain stuck in Germany, as shipping costs could triple. The measures aim to curb China’s dominance in…

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Private capex share dipped to decadal low of 33% in FY24: ICRA

ICRA reports that private capital expenditure in India dropped to a decade-low 33% of total investments in FY24, with unlisted companies showing subdued investment compared to listed ones. The private sector focused on reducing debt instead of expanding.

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India central bank’s $10 billion FX swap oversubscribed, cut-off at 5.86 rupees

The Reserve Bank of India’s $10 billion, 3-year dollar/rupee buy-sell swap auction aimed at boosting rupee liquidity was oversubscribed by over two times, with a cutoff rate of 5.86 rupees. The RBI will inject $10.04 billion equivalent of rupees on…

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Dragged down by steel and aluminium, India’s engineering exports slip 8.6% in February

India’s engineering goods exports declined by 8.62% in February 2025, with significant drops in iron and steel, aluminium, and copper exports. This marks the first monthly decline since April 2024. The decline is attributed to global trade upheavals and new…

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  • Nithin Kamath explains difference between ‘direct’ and ‘regular’ mutual funds, urges investors to review plans

    Zerodha co-founder Nithin Kamath has asked investors to understand the difference between ‘direct’ and ‘regular’ mutual fund plans. He said many investors remain unaware of the higher costs associated with regular plans and advised reviewing their portfolios to identify their existing investments.

  • 8th Pay Commission: Railway engineers seek pay parity, Group B status and better career growth opportunities

    Railway engineers have urged the 8th Pay Commission to restore pay parity, grant Group B status and improve promotions. Their demands, raised during stakeholder consultations, could shape future salary, pension and allowance reforms for 1.1 crore Central government employees and pensioners.

  • 8th pay commission: Submission window for data collection portal extended — Check date, website, process, FAQs

    8th pay commission: Window for submission of data online for the 8th CPC's consideration has been extended to 31 July this year. Here's how to complete the process and some of the frequently asked questions answered…

  • EPF interest being credited this month: Here's how to calculate your monthly earnings at 8.25% p.a.

    EPF interest for FY26 is being credited this month. Here's how to calculate your monthly earnings at 8.25% p.a. and stepwise guide to check your closing balance via passbook online on the EPFO website.

  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

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