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US-Iran peace deal brings relief, but India turns to a risk at home

rm economic boost from a US-Iran peace deal, cooling oil prices and easing inflation risks. However, a weakening monsoon and potential El Niño conditions present a new domestic challenge. This shift from external energy concerns to internal climate risks requires…

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Goldman Sachs sees India BoP surplus after 2 yrs of deficit, cuts CAD forecast to 1.3% of GDP

Goldman Sachs has turned more constructive on India’s external sector outlook, saying the country’s balance of payments (BoP) position remains stronger than suggested by the recent weakness in the rupee and projecting a BoP surplus in 2026 after two consecutive…

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India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite

India’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflict-driven pressures on crude oil and global supply chains. The government also introduced a producer price index and…

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Hudco mulls $1 billion foreign debt under RBI forex swap facility

Hudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India’s concessional forex swap facility. The company is engaging with international entities for this fundraising. This move supports Hudco’s lending and…

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Bharti Airtel shareholders approve share swap deal with ICIL to boost Airtel Africa stake

The transaction will involve Airtel issuing equity shares to Indian Continent Investment Limited (ICIL), a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa, the Gurugram-headquartered telco said in a regulatory filing.

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Agentic AI adoption drives stronger governance oversight, risk controls

Indian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption grows. While global standards align, domestic regulations like DPDP are the immediate focus. Firms are investing in AI governance…

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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.