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Iran vows to attack any ship trying to pass through Strait of Hormuz

Iran’s Revolutionary Guards declared the Strait of Hormuz closed, threatening to fire on any ship attempting passage. This explicit warning follows earlier threats and could disrupt a fifth of global oil flows. The move is a retaliation for alleged U.S.…

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Forex reserves rise on gold, dollar valuation gains despite balance of payments pressure: RBI

India’s foreign exchange reserves saw a nominal rise of USD 19.4 billion in April-December 2025, primarily due to valuation gains from higher gold prices and a weaker dollar. However, excluding these valuation effects, reserves declined by USD 30.8 billion on…

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India's oil contingency plan in pipeline amid Iran disruptions: Export curbs, more Russian crude, LPG rationing on table

Demand management measures, including LPG rationing, are also under consideration. These steps are being taken due to ongoing disruptions in the Strait of Hormuz.

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India, Canada sign $2.6 billion uranium deal, target $50 billion trade by 2030 with CEPA push

This partnership includes cooperation in defense, technology, and renewable energy. The leaders finalized terms for a comprehensive economic partnership agreement. This move signifies a reset in relations and unlocks new opportunities for both countries.

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As Mideast conflict widens, US says attacks on Iran will last weeks and intensify

A major conflict has erupted in the Middle East as Israeli and US forces strike Iran. Iran and its allies are retaliating, targeting energy facilities and embassies across the region. The fighting has expanded, impacting global markets and causing significant…

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US-Iran War: India Inc must prepare and hedge for risks, not panic, say experts

India Inc faces a significant geopolitical challenge as the US-Israel war with Iran escalates, threatening crucial oil and LNG imports. With the Strait of Hormuz at risk, rising crude prices, currency pressure, and inflation are immediate concerns. Experts warn of…

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  • 8th Pay Commission: How 3%, 5%, 6% annual increments could raise central government employees' salaries over 5 years

    8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay over five years through compounding.

  • Can unpaid business expenses be claimed as tax deduction? ITAT Mumbai's ruling explains when you can

    A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.

  • Filed your ITR before 31 July but found an error later? Tax expert explains who can revise and how

    Filed your ITR before the 31 July deadline but spotted an error later? Eligible taxpayers can still revise their return under Section 139(5). Here's who can file a revised ITR, the process and the key documents to verify.

  • India's loan story: Women, younger borrowers and non-metro regions driving credit growth as numbers jump to 74% in 2026

    Women, younger borrowers and non-metro regions are driving credit growth in the country. The number of eligible Indians opting for loans has jumped from 34% in 2017 to 74% in 2026.

  • Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

    After years of small and mid-cap outperformance, large caps could be poised for a stronger phase. A new report cites six factors, including improving economic growth, attractive valuations and supportive macro trends, while urging investors to maintain a balanced market-cap approach.

  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

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