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Tata Sons to discuss RBI's listing rule, Chandrasekaran's reappointment at Board meeting

Tata Sons board meets Thursday with legal opinions on RBI listing directive and chairman’s reappointment. The nomination committee seeks N Chandrasekaran’s reappointment for another five years. Voting rights of Tata Trusts nominees and chairman are under close examination. The board…

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100% tariffs on India? US House passes bill authorising new duties on Russia oil buyers

The US House of Representatives has passed legislation authorising President Donald Trump to impose tariffs of up to 100% on India, China and other countries buying Russian oil and gas. The bill, which also targets Russia’s leadership, energy sector and…

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A 25 bps hike: US Federal Reserve raises interest rates for first time since 2023

The US Federal Reserve increased interest rates by twenty-five basis points on Wednesday. This move aims to control inflation that remains significantly above the central bank’s target. Consumer inflation stayed at three point four percent in August, prompting this necessary…

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NFRA to release second Staff Series on Technology in Audit

The series is in line with NFRA’s obligations to suggest measures to improve overall audit quality and promote awareness of the significance of accounting and auditing standards, auditors’ responsibilities, audit quality and other such matters.

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Reforms improved India’s competitiveness, strengthened resilience: CII’s R Mukundan

Reforms in taxation and digital infrastructure have boosted India’s economic competitiveness. GST and the JAM trinity integrated millions into the formal financial system. Government infrastructure investment has significantly lowered logistics costs across the nation. Manufacturing sectors like electronics and pharmaceuticals…

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NITI seeks easier access to geological data, capital for small exploration companies

Niti Aayog recommends government support for junior exploration firms and increased private participation. Streamlining approvals and forest procedures will reduce project delays significantly. Harmonizing renewable energy rules and addressing GST for logistics are also advised. Promoting domestic production of specialized…

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  • SEBI launches portfolio managers route for mutual funds: Here's what the new ₹25 lakh PRIM route means for investors

    SEBI has approved a new route allowing portfolio managers to build portfolios using mutual funds, ETFs, index funds and SIFs. With a minimum investment of ₹25 lakh, PRIM could offer investors a professionally managed alternative to investing directly in mutual funds.

  • Tax audit report filed for AY 2026-27? Check these errors before 30 September and know when revision is allowed

    Filed your tax audit report for AY 2026-27? It may still need a closer look before the 30 September deadline. From reporting details to disclosure requirements, here are the key errors taxpayers should check and what experts say about correcting them.

  • Inherited 1980s shares? How grandfathering rules save you from 2026 LTCG tax bill

    Grandfathering rules can determine the cost of inherited listed shares, but indexation is not available.

  • Domestic travel spending: From medical needs to pilgrimages, MoSPI data reveals which trips cost the most

    Indian households spend differently depending on why they travel, with some trips costing significantly more than others. MoSPI’s latest tourism expenditure survey reveals where the biggest expenses are coming from and how spending patterns differ between rural and urban households.

  • 31 of 46 flexi-cap mutual funds delivered positive 1-year returns despite market fall: Check the schemes in red

    Flexi-cap mutual funds saw a wide variation in one-year performance even as the Nifty 500 declined. While several schemes delivered positive returns, some slipped into negative territory. Here’s a look at how individual schemes fared against the benchmark.

  • After Madhya Pradesh, now Maharashtra to observe ‘no UPI day’ on October 2: What should consumers keep in mind?

    Traders in Madhya Pradesh observed ‘No UPI Day’ on Wednesday. They were seeking an immediate withdrawal of the imposed MDR fees on UPI transactions.

  • How to refuse money requests from family and friends without destroying relationships

    Lending money to friends and family without clear terms often leads to unreturned funds, damaged relationships, and personal stress. Learning to say no through clear boundaries, delaying responses, and offering alternative solutions can protect both your finances and personal bonds.

  • Can you make payments without internet connectivity? RBI’s offline e-rupee initiative explained

    RBI is exploring offline e-rupee transactions using Bluetooth and NFC, allowing digital payments without internet connectivity. Details here. 

  • Planning a joint home loan with your spouse? Know how it affects eligibility, tax benefits, EMI and repayment

    A joint home loan can help spouses increase their borrowing eligibility by combining their incomes, while also allowing them to share EMI payments. But higher eligibility does not mean couples should borrow the maximum, as both borrowers share the repayment responsibility.

  • UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes

    NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.

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