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Sensex, Nifty trade flat as crude oil declines, monsoon remains in focus

Indian stock markets are trading flat today after a strong three-day rally. Lower crude oil prices and hopes for a US-Iran peace deal fueled the earlier gains. Investors are watching crude oil prices and monsoon forecasts closely. The rupee’s strengthening…

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HDFC Bank board to review findings on Atanu Chakraborty's exit on June 18

HDFC Bank’s board meets June 18 to review legal findings on Atanu Chakraborty’s concerns. Preliminary reports suggest no governance issues. The board will also seek a three-month extension for interim chairman Keki Mistry, pending RBI approval. Mistry’s term ends June…

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Unilever partners with Accenture to build 40 AI-powered digital twins across manufacturing network

Consumer goods giant Unilever is teaming up with Accenture. They will use AI-powered digital twins in factories worldwide. This initiative aims to boost efficiency and quality.

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India's digital fraud rate nearly double global average as scammers target existing accounts

India’s digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital payments expand. Fraudsters are increasingly targeting existing accounts with compromised credentials. Sectors like logistics, telecommunications, and insurance face high…

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Remittances, services surplus lift India to $4.7 billion current account surplus in April

The services sector also contributed to the surplus. However, higher imports, particularly crude oil, led to a merchandise deficit. Foreign portfolio investors withdrew funds amid global conflicts, impacting the capital account.

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Sebi allows AIFs to retain liquidation proceeds beyond fund life

The regulator also introduced an ‘Inoperative Fund’ framework for wound-up funds with residual obligations.

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  • No ITR filed despite ₹30 lakh salary: Delhi ITAT explains why ₹3.74 lakh penalty was deleted

    A salaried taxpayer earning over ₹30 lakh did not file his ITR and was later fined ₹3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.

  • CGHS medical reimbursement rules clarified: Know ₹3,000 test limit, referral rules for employees and pensioners

    CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to ₹3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.

  • Three habits young professionals can’t afford to skip

    Three habits—from reading beyond your field to questioning your assumptions—that can help young professionals stay ahead.

  • Freelancers earning income from US IT companies: Key FAQs answered on tax calculation, TDS, GST and ITR filing

    Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules. 

  • Husband deposits his income in wife's bank account: Is she liable to pay tax? Here's what ITAT ruling says

    A ₹71.56 lakh cash deposit in a wife’s bank account came under the tax department’s scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income. 

  • Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?

    At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.

  • Foreign asset disclosure scheme 2026: How to calculate market value of different overseas holdings — check rules

    The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets. 

  • 8th pay commission: What's on the agenda for upcoming states visits and meetings? Check top updates

    8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.

  • Fact Check: Did PM Modi announce free 1-tola gold scheme on Independence Day? Here's what the PIB unit says

    A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.

  • DA hike: BMS stages protest at Jantar Mantar to push demands — Minimum pension, OPS, labour codes on charter

    The Bharatiya Mazdoor Sangh protested in Delhi today, urging the government to address long-standing demands for employees, pensioners, and unorganised workers, including a minimum wage of ₹30,000 and job security for contract workers.

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