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Geopolitical flare-ups, AI crash, tariff shocks to dampen India’s air travel demand in FY26, ICRA says

India’s air travel demand is projected to see modest growth of 4-6% in FY26 due to external shocks like geopolitical escalations and trade headwinds. Despite this, international passenger traffic for Indian carriers is expected to surge by 13-15%, driven by…

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Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief

New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, replacing the old Income Tax Act of 1961. The Income Tax Department aims for simple and easy-to-comply forms. Tax…

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Rural, industrial and service play will drive our next phase of growth: Castrol CFO

CFO Mrinalini Srinivasan in an interview with ETCFO said that rural and industrial are the two big levers for Castrol’s future growth. “Rural demand is rising, and we haven’t fully tapped it. Industrial is a large market where our presence…

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SC recalls order barring govt from retrospective green nod for projects

The Supreme Court has delivered a split verdict on retrospective environmental clearances. A majority of judges have voted to recall a previous judgment. This judgment had previously invalidated government office memoranda allowing post-facto environmental clearances. Projects already granted clearance under…

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RBI Announces Premature Redemption Price for Sovereign Gold Bonds 2020-21 Series-VIII

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after…

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India GDP outlook: SBI forecasts Q2 growth to hit 7.5% — here are the factors driving momentum

India’s economy is poised for robust growth, with projections indicating a 7.5% expansion in Q2 FY26. This surge is fueled by increased investment, recovering rural demand, and the positive impact of GST rationalization. Strong performances in services and manufacturing, alongside…

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  • Crude oil prices above $100 a barrel: How can it impact your monthly budget?

    Higher crude oil prices can impact the monthly budget directly with higher daily commuting costs, costlier vacation flight tickets, higher bills for grocery purchases, and expensive dining out. The indirect impact can come from higher prices of finished goods made using crude oil derivatives.

  • I asked ChatGPT if a lavish destination wedding makes sense at ₹50 LPA: AI breaks down actual costs

    I asked ChatGPT if I should go for a lavish destination wedding at Umaid Bhawan Palace. AI broke down the actual costs of the event.

  • Is ‘your network is your net worth’? 22-year-old says return on investment for ₹40 lakh loan goes beyond money

    Why did a 20-year-old take a ₹40 lakh loan to study abroad? A viral video on social media, explains the reasons why the now 22-year-old made the decision to take on an expensive loan to complete her Masters abroad…

  • Bitcoin crashes below $60K first time in almost 2 years: buy, hold, or exit – What investors should do now?

    Bitcoin has lost more than half its value since reaching a peak above $126,000 in October last year and is now worth less than it was when crypto-friendly Trump retook the White House.

  • Bank holiday today, June 6: Are SBI, HDFC Bank, and other banks closed on Saturday?

    The Reserve Bank of India (RBI) has listed a total of eleven holidays this month due to national, regional, and religious holidays.

  • Contra funds explained: How they work, key risks, benefits and top 3 options for investors

    A contra fund is a type of equity mutual fund that follows a contrarian investment strategy and is required to invest at least 65% of its assets in stocks. Let's explore in detail what contra funds are, their benefits and risks, the key factors to consider, and the top 3 contra funds.

  • Home loans: Types, eligibility, tax benefits and application process explained

    Before applying for a home loan, borrowers should understand the various loan options available, eligibility requirements, interest rates, tax benefits and the documentation required.

  • Despite earning ₹2.2 lakh monthly, Mumbai couple struggles to save. Reddit explains why

    A Mumbai-based man has sparked a lively debate online after revealing that he and his partner, who collectively earn ₹2.2 lakh a month, are struggling to save money. 

  • ITR filing 2026: Received dividend income or bonus shares? Here’s how they are taxed and reported

    Investors receiving dividend income or bonus shares must consider tax implications while filing ITR. Dividends are now taxable in the hands of investors, subject to slab rates and TDS if over ₹10,000. Bonus shares are tax-free upon receipt but result in taxable capital gains upon sale. Details here.

  • NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits

    While both National Savings Certificates and tax-saving FDs share a standard five-year tenure, they differ significantly in compounding frequency, interest rates, and overall structures.

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