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Domestic demand lifts commercial vehicle sales in April, export pressures persist

India’s commercial vehicle (CV) segment reported a mixed performance in April 2026, with strong domestic demand supporting growth across major manufacturers, while export pressures and segmental weakness weighed on overall momentum, according to the monthly sales data released by companies.

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Net direct tax collection rises 5% to Rs 23.40 lakh cr in FY26, misses revised budget target

India’s net direct tax collections reached over Rs 23.40 lakh crore in fiscal year 2025-26. This marks a 5.12 per cent increase from the previous year. However, the collections fell short of the revised government target for the fiscal. Corporate…

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IndiGo ropes in former Airbus executive for AI push

​Hoesch’s appointment comes at a time when the domestic aviation industry is sharpening its focus on AI to enhance efficiency amid pressure on operating costs especially high jet fuel prices.

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Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Oil prices saw a dip on Tuesday. This followed a significant rise after indications that the U.S. Navy is easing Iran’s control over the Strait of Hormuz. This development could potentially unlock vital oil supplies from the Middle East. The…

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Trump warns Iran would be "blown off the face of the Earth" if Tehran attacks US vessels in Strait of Hormuz

US President Donald Trump on Monday (local time) sharpened his warnings to Iran over its nuclear program and regional tensions, saying that the United States “can’t let Iran have a nuclear weapon”. During a Fox News interview, Trump also suggested…

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NRI investors shift second-home bets to domestic hotspots amid global uncertainty

Indian second-home markets like Goa and Himachal Pradesh are seeing a surge in demand. High-net-worth individuals are shifting investments from Dubai to India. This trend is driven by a desire for stability and familiarity. Indian destinations offer lifestyle benefits and…

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  • Gold, silver prices today, 21 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 21 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • India market is going to act like an AI-hedge: DSP’s Jay Kothari

    India has lagged global markets amid the AI boom. DSP’s Jay Kothari explains why that underperformance could reverse, where investors should look and how to approach the coming IPO wave.

  • Turning 60? These financial benefits can cushion your retirement

    Senior citizens in India get higher interest rates, tax concessions and discounts on travel and utilities—but with retirement largely self-funded, building a sufficient corpus remains crucial.

  • Can a govt employee switch pension scheme after accepting retirement benefits? SC clarifies

    The Supreme Court ruled that a retired employee cannot switch pension schemes after accepting benefits. This arose from a case where a retired professor sought GPF coverage after being under CPF. Details of the full case here.

  • 8th Pay Commission: Can government amend ToR to cover pension revision for pre-2026 retirees?

    The 8th Pay Commission’s Terms of Reference could be amended to include pension revision for retirees who retired before 1 January 2026. While the Centre has yet to announce any change, historical precedents show that the ToRs of earlier Pay Commissions have been amended and improved when required.

  • Only two consumption funds gave over 10% SIP returns in 3 years, while one scheme posted less than 1%: Here's why

    Consumption funds have delivered widely different returns over the past three years, despite focusing on the same broad theme. Find out what drove this divergence, the role of stock selection, key sectors, and the risks investors should consider.

  • Bitcoin and Dogecoin emerge as India's favourite crypto duo: New study reveals how age shapes investing preference

    Bitcoin and Dogecoin have emerged as the most popular crypto pairing among Indian investors across age groups, according to a report. While younger investors are driving new participation, older investors display stronger buying conviction and greater portfolio diversification.

  • Joint FCNR (B) accounts for NRIs: Eligibility, mode of operations and key rules explained

    NRIs are permitted to open and maintain FCNR(B) accounts jointly with eligible resident relatives, subject to certain conditions.

  • Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights

    A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay ₹88,362 with 9% interest, plus compensation.

  • Doctor today, lawyer tomorrow: How do you save for your child’s education when they keep changing dreams?

    In 2026, planning for a child's education fund is complex due to shifting career paths. Experts advise creating flexible investment structures.

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