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Govt capex may cross Rs 12 lakh crore in FY27, fiscal deficit likely at 4.2 pc of GDP: SBI

India continues to remain the bright spot supported by its strong macro fundamentals and the government capex may cross Rs 12 lakh crore in FY27, a year-on-year growth of 10 per cent, an SBI Research report said on Monday.

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Semicon firms caution govt against rigid DLI framework

Industry executives broadly welcomed the intent to deepen state support for chip design companies but flagged concerns around venture capital (VC) compatibility, the structure of funding instruments, and the need for continuity for firms graduating from DLI 1.0.

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Europe’s cracks finally give India its long-awaited opening

India and the European Union are at a turning point after decades of slow progress on deeper ties, driven by major shifts in global geopolitics. The EU’s traditional pillars—security reliance on the US, energy ties with Russia, and strong trade…

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Budget 2026: Government seen easing fiscal grip amid global headwinds

Budget 2026 will likely focus on supporting the economy amidst global challenges. Rating agencies suggest a cautious approach to fiscal consolidation. Reforms, especially in deregulation, will be viewed favorably. Any deviation from fiscal discipline could negatively impact ratings. Experts anticipate…

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Budget 2026: The GCC capital of the world needs more brains to bank its $100-billion dream

With GCCs transitioning to AI-driven roles and aiming for $100 billion in revenue, targeted skilling initiatives are crucial to sustain growth and leverage India’s demographic advantage.

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Republic Day sales see fastest growth in five years on GST cuts, wedding demand

Republic Day sales recorded their fastest growth in five years as demand picked up across groceries, electronics and apparel. Lower prices following GST cuts, early wedding purchases and stronger demand for mass-market products drove the surge, according to companies and…

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  • Income-tax returns: What is assisted filing, who are authorised representatives, eligibility and factors explained

    Income-tax returns: Today we explain what ITR assisted filing is, who is allowed to assist, who is considered authorised representative, the requirements and eligibility criteria and other important factors.

  • ₹14.65 lakh salary? Here's how you can legally reduce your income tax liability to zero under new tax regime

    A ₹14.65 lakh CTC does not necessarily mean you have to pay income tax under the new tax regime. With the right salary structure, employer contributions to EPF and NPS, and the standard deduction, your taxable income can be brought down to ₹11.99 lakh, making you eligible for zero tax liability.

  • Mutual funds holding cash: Is high cash balance a red flag for investors? Experts explain

    Experts suggest that cash holdings should be viewed as a portfolio management tool rather than a buy-or-sell signal. A fund's investment philosophy, portfolio quality, and long-term performance remain far more important than a single percentage shown in the monthly factsheet.

  • EPF vs Labour Codes: If basic pay must be 50%, why is PF capped at ₹1,800?

    Payroll rules are changing in India as EPF vs labour codes reshape salary structures and PF calculations. While basic pay norms rise, EPF contributions remain capped at ₹1,800, impacting take-home pay and retirement planning choices.

  • Are super top-up plans becoming redundant?

    While stacking policies was once the ultimate cost-saving hack for medical emergencies, a shifting market has quietly changed the math for policyholders.

  • 8th pay commission: Visits to Bhubaneswar, Kolkata this week, plans for Railway workers meet in Mumbai — Latest updates

    The 8th pay commission has multiple state visits and other meetings scheduled in July 2026, with plans for more consultations with employee groups, unions and stakeholders across states and union territories in due course.

  • Buying health insurance? One overlooked document can tell you what brochures won’t

    Irdai-mandated product-wise NL-47 disclosures reveal claim settlement, complaint rates, renewals and more, helping buyers compare health insurance plans beyond brochures and marketing claims.

  • DA merger demands: Does salary structure and Dearness Allowance change? Here's what Finance Ministry said on the issue…

    Employee groups are demanding merger of Dearness Allowance with basic pay to increase monthly salary. Here's what the Finance Ministry has clarified about higher basic pay, changes to salary structure and DA…

  • Gold drops 30%, silver plunges 54% — but history shows 2026 correction isn’t the deepest yet

    Gold and silver have fallen sharply from their record highs in 2026, with gold down about 30% and silver by 54%. However, historical cycles show the current declines are not the deepest, and the time correction is still pending. 

  • EPFO's ₹1,800 EPF contribution cap explained: Who benefits more – employees or employers?

    The EPF Scheme, 2026 introduces clearer guidelines on provident fund contributions, capping mandatory payments at ₹1,800 monthly. While employees benefit from increased take-home pay and flexibility, they may risk a smaller retirement fund if they don't opt for additional voluntary contributions.

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