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UPI Digital Payments: Over 16.5 billion transactions worth ₹23.49 lakh crore processed in Oct ’24

As UPI continues to expand globally, it is setting new standards for digital payments, empowering citizens, enhancing economic opportunities, and contributing to India’s increasing influence in the global financial arena.

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India factory growth softened in November on high inflationary pressures, PMI shows

India’s factory growth slows in November while maintaining strong momentum, amid eased demand due to rising price pressures. PMI falls to 56.5 from 57.5 in October, still above the 50-mark. International demand rises, boosting business outlook, while there’s a rise…

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PM Internship scheme: Firms willing to top up stipend fixed by govt for pay parity

Large companies like Reliance Industries, Tata Consultancy Services, and Maruti Suzuki will top up the government stipend for interns under the PM Internship scheme. The scheme aims to provide internships to young Indians and enhance employability. The portal was launched…

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IPO rush keeps FPIs busy in primary market in November, outflow continues in secondary market

In November 2024, Foreign Portfolio Investors (FPIs) invested significantly in India’s primary market through IPOs, while selling in the secondary market slowed down compared to October. FPIs’ strong primary market engagement results from a surge in IPO activity, with 79…

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Rate cut is unlikely but RBI may signal it’s ready to act

The Reserve Bank of India’s Monetary Policy Committee is expected to focus on faltering economic growth rather than inflation during its December 4-6 meeting. Despite calls for lower interest rates, the RBI’s commitment to controlling inflation and promoting financial stability…

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Futures positions in RIL touch 18-year high; ‘Any upmove could be sharp’

Outstanding positions in Reliance Industries’ futures contracts hit an 18-year high as traders bet against the stock amid recent weakness. Analysts suggest the stock is oversold and a change in sentiment could lead to a short-covering rally. Brokerage recommendations indicate…

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  • Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India

    Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.

  • ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties

    Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.

  • EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?

    EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.

  • Annapurna Yojana: Haven't you received your payment yet? 8 reasons why

    The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.

  • Same trip, same loss: why was one insurance claim rejected?

    In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.

  • Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how

    A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.

  • India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it

    India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.

  • 2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline

    With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.

  • Why diversification—not stock picking—could define wealth creation over the next decade

    As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.

  • UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending

    UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.

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