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Asian shares decline as hopes dim for resolution in Iran after Trump's latest comments

Asian markets opened lower on Monday. Oil prices continued to surge following President Trump’s strong statements on Iran. This escalation has heightened concerns about a wider conflict and disrupted energy supplies. Global markets reacted negatively, with stock indices across Asia…

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Brent crude surges to USD 112 per barrel, up about 56% in 30 days

Brent crude prices have surged sharply by more than 60 per cent since the beginning of the US-Iran-Israel conflict, rising to around USD 112 per barrel on Monday from approximately USD 70 per barrel before the war, reflecting severe disruptions…

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Global economy under 'major threat' from Strait of Hormuz crisis: IEA chief

The global economy is under “major threat” from the energy crisis caused by the Middle East war and “no country will be immune” to its effects, International Energy Agency chief Fatih Birol said Monday. “No country will be immune to…

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JP Morgan Chase settles FPI rule violation case with Sebi

JP Morgan Chase has settled a case with Sebi over alleged Foreign Portfolio Investor rule violations. The bank paid Rs 34.42 lakh to resolve the matter. Sebi found JP Morgan Chase had granted licenses to unregistered entities and delayed acting…

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New I-T Act framework notified; taxpayer relief with stricter compliance from April 1

The rules have raised house rent allowance limits to 50% of salary in eight major cities including Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Pune, Ahmedabad and Bengaluru, while mandating disclosure of landlord-tenant relationships.

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SBI receives Rs 6,338 crore income tax demand for AY24

The demand, which includes interest payment, was raised after scrutiny of the assessment proceedings conducted for the said period, SBI said in a stock exchange notice.

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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.