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India's inflation accelerates to 3.93% in May, remains a tad below RBI target

INDIA-ECONOMY-India’s inflation accelerates to 3.93% in May, remains a tad below RBI target

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Three parliamentary committee meetings begin in Delhi; Corporate laws, finance, energy sectors under discussion in Parliament

Three crucial parliamentary committee meetings commenced on Friday in New Delhi, focusing on the Corporate Laws (Amendment) Bill, finance, and the energy sector.

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Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethink

Indian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability. Major firms like Ultratech Cement and Vedanta are expanding their electric fleets. Manufacturers report a surge in corporate interest.…

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Flexible office space market crosses 100 million sq ft mark, GCCs driving growth

India’s flexible workspace industry wrapped up FY26 on a high note, showcasing impressive double-digit revenue growth alongside rising profits. The key players driving this trend are Global Capability Centres, which have significantly increased deal sizes and customer loyalty.

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Agentic AI returns in India projected to grow fivefold to US$14.4 million: SAP study

Indian enterprises are rapidly advancing AI implementation, moving beyond experimentation to value-driven adoption and ranking second globally in strategic AI investment. Organizations plan significant investments, with AI currently supporting a third of business tasks and expected to rise substantially. This…

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Flipkart appoints senior leaders across AI, fintech and engineering functions

Flipkart said the new executives will support the company’s work across AI-driven solutions, payments infrastructure, engineering systems and technology platforms serving customers, sellers and partners on its marketplace. Flipkart said the new executives will support the company’s work across AI-driven…

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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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