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FCRA amendment bill to introduce a new Authority to manage assets of NGOs that lose license

A new bill aims to strengthen oversight of foreign-funded organizations. It proposes a dedicated authority to manage assets of non-profits whose licenses are cancelled. This move seeks to prevent misuse of foreign funds and ensure accountability. The government asserts the…

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Lok Sabha passes Finance Bill 2026-27, advancing government's fiscal plans

The Finance Bill has been passed by the Lok Sabha on Wednesday, marking a key step in implementing the Central Government’s Budgproposals for the fiscal year 2026-2027. Finance Minister Nirmala Sitharaman had moved the bill in the House on Monday.

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S&P Global Ratings raised India's FY27 growth forecast to 7.1%

S&P Global Ratings has raised India’s FY27 growth forecast to 7.1%, citing strong consumption and exports, but warns of downside risks from the Gulf conflict. Elevated oil prices could strain fiscal positions and dampen domestic demand, potentially leading to a…

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From autos to chemicals, Hormuz crisis widens supply risks beyond oil: UBS

Trade disruptions via the Strait of Hormuz are hitting more than just oil and gas. Key industries like automobiles, chemicals, metallurgy, and personal care products face supply chain strains. UBS reports highlight that the availability of essential raw materials, not…

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LPG crisis sours India's AC industry; production costs jump, Nuvama says

Indian air conditioner makers face production issues. A shortage of Liquefied Petroleum Gas is disrupting manufacturing. Companies are using alternative fuels at higher costs. This comes as demand rises for summer. Brands are increasing prices to cover expenses. Unseasonal rains…

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Silver rebounds Rs 12,200/kg, gold up Rs 5,500/10g as soft dollar, easing oil prices spur rate cut bets

Gold and silver prices saw a significant rebound on Wednesday. This recovery was driven by a weaker US dollar and falling oil prices. Experts suggest that safe-haven demand for gold is returning. Near-term price movements will be influenced by the…

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  • SCSS gives 8.2% returns, but are Small Finance Bank FDs a better choice for senior citizens? Check out now

    SCSS provides government-backed safety and regular quarterly income, while Small Finance Bank FDs offer flexibility and competitive rates. Explore a detailed comparison of returns, risk, liquidity and tax advantages before choosing the right retirement investment strategy.

  • RBI revises deposit interest rate rules: What fixed deposit investors should know before investing from October 1

    The RBI's revised deposit interest rate framework takes effect from October 1, 2026. While banks get more flexibility in pricing bulk deposits, retail FD investors will see greater transparency and uniformity in interest rates.

  • ITR filing deadline is over: Received a tax notice after July 31 due date? Here's how you should respond

    Taxpayers should not overlook income tax notices post-ITR submission. Responding promptly via the e-filing portal is crucial to avoid penalties, as non-compliance can lead to higher tax assessments and even prosecution in severe cases.

  • Here's how this millennial became a millionaire — Housing hacking and investing in index funds, strategy explained

    Millennial investor Todd Baldwin became a millionaire in his 30s by employing a combination of real estate and equity investment. Here's how he used the housing hacking strategy to gain rental income and invested it in index funds. 

  • Bank holidays this week: SBI, HDFC, ICICI, PNB to remain closed for upto 3 days — Check RBI calendar here

    Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks across India will be closed for upto three days this week, but digital platforms like UPI and banking apps will remain operational.

  • The motorcycle and the Ferrari: when to indulge and when to hold back

    Buy the Ferrari, by all means, on the day you become the person who has earned it. Until then, it's fine to admire one zooming past, and getting on with the un-Ferrari years that are the real work.

  • Higher social security payouts for Americans in 2027 may put the retirement programme at risk — Here's how

    US President Donald Trump's policies have pushed up inflation, which has increased the potential social security payouts for Americans in 2027, and threatened to put the US' retirement programme at risk.

  • Labour codes to ensure social security for millions of gig workers in India, says Mandaviya — Here's all we know

    The central government will ensure gig workers in India have access to social security scheme benefits through implementation of the labour codes, Union Minister Mansukh Mandaviya told Rajya Sabha. 

  • Social Security SSI August payment arrives early: Why August payments arrived early and who is eligible

    Social Security benefits vary by retirement age, with a maximum of $5,181 available at 70. For 2026, benefits at 62 are $2,969, at 67 are $4,152, and payments are adjusted for SSI due to calendar changes, emphasising separate programs for different needs.

  • 8th pay commission: Delhi, Chennai, Puducherry, Chandigarh — Full list of state visits and meetings in August, September

    8th pay commission: Delhi, Chennai, Puducherry, Chandigarh and Mumbai — Here's a full list of cities and dates that the 8th CPC is set to conduct state visits and meetings in August and September 2026.

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