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Strait path laid for crude prices to travel downward

Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopening the Strait of Hormuz. This deal would end hostilities, lift the US naval blockade, and allow for the swift…

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No merit in issues flagged by ex-chair of HDFC Bank: Law firms

The reviews were prompted by former Chairman Atanu Chakraborty’s dramatic March 18 resignation, a decision he had said in a letter to the exchanges was prompted by alleged deviations ‘incongruent’ with his ethics and value systems. The reference to possible…

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Tentative deal on ending the Iran war sends stocks soaring, oil prices to lowest levels in months

Global markets are soaring today. A tentative deal to end the Iran war and reopen the Strait of Hormuz has been announced. Oil prices have dropped significantly. This news brings relief to markets after months of turmoil. Investors are hopeful…

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Will SpaceX's $75 billion IPO set the ball rolling for Reliance Jio and NSE listings in India?

SpaceX’s massive IPO is making waves globally. However, Indian market experts believe this will not directly impact upcoming listings of Jio Platforms and NSE. The timing for these Indian mega IPOs will depend on domestic market sentiment and conditions. Geopolitical…

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India deepens export linkages with G7 while diversifying imports: Report

India is becoming more export-dependent on advanced G7 markets while reducing import dependence on them, which indicates both market diversification on the import side and export concentration in high-value developed economies, as per a Rubix report.

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CEA defends India's GDP data, says country does not use methodology changes to inflate growth numbers

Chief Economic Advisor (CEA) Dr V Anantha Nageswaran has defended the credibility of India’s GDP statistics, saying the country does not use revisions in methodology or base years to artificially boost economic output figures.

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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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