More than 5 crore income tax returns (ITRs) have already been filed for Assessment Year (AY) 2026-27 so far, the Income Tax Department has said while urging taxpayers to complete their filings without waiting until the last minute.
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India’s special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupee or ease banking system liquidity. While borrowing costs have declined, the RBI’s foreign currency assets have risen more slowly…
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International funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently restricted due to regulatory limits. Experts suggest alternatives like LRS platforms and GIFT City funds for global exposure. Diversified global ETFs tracking broad…
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Indian stock markets traded flat on Thursday. The US Federal Reserve kept key interest rates unchanged. Policymakers indicated a potential rate hike later this year. Sensex and Nifty 50 saw slight gains after opening lower. Broader markets, however, remained in…
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The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student access to finance. Banks will organize camps for on-the-spot loan sanctions at many institutions. Credit guarantee cover for collateral-free loans is…
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The US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil prices and clouds economic outlook. Inflation remains above the Fed’s target, causing investor concern about potential price increases.
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