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US-Iran ceasefire: Trump orders 2-week truce with Iran, Tehran says war not over

A two-week ceasefire between the US and Iran has been agreed upon. President Trump announced the suspension of attacks after Iran’s 10-point peace plan was accepted. This development follows mediation by Pakistan’s Prime Minister Shehbaz Sharif and Field Marshal Asim…

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Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Kreditbee has achieved unicorn status after raising $280 million. This funding round values the digital lending startup at $1.5 billion. The company is preparing for a public listing. It plans to complete its merger and formally begin its initial public…

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Government issues draft norms to standardise state, district GDP estimates

The key focus areas in SDP include identification and integration of new data sources such as administrative records, sector-specific databases and survey inputs to improve coverage and reliability, and refinement of estimation techniques to better capture emerging sectors, particularly services…

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CCI clears Warburg Pincus' stake buy in Fleur Hotels; approves Lemon Tree restructuring

India’s competition regulator has approved Warburg Pincus’ acquisition of a stake in Fleur Hotels, a Lemon Tree Hotels subsidiary. The approval also covers Lemon Tree’s internal restructuring. This move will create two focused platforms for hotel management and ownership. Fleur…

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Goldman Sachs warns AI job loss: Long-term financial impact on workers

Goldman Sachs warns AI job losses could lead to years of lower pay and slower career growth. Analysis shows displaced workers face lasting financial challenges, including longer job searches and reduced earnings. However, retraining offers a path to improved outcomes,…

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How CFOs are responding to rising geopolitical conflicts across the globe

Chief financial officers are responding with stronger risk awareness, tighter financial controls and a sharper focus on short-term performance, even as optimism around growth and investment remains intact.

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News

  • The economics of group health distribution

    Irdai’s proposed distribution reforms need to account for the economics of group health insurance, where commissions are already low and intermediaries provide significant services to employers and employees.

  • 8th Pay Commission: How fitment factor could change Level 6, 7 and 8 basic pay

    8th Pay Commission resumes consultations in Bengaluru on 7 October. Here is what different fitment factors could mean for Level 6, 7 and 8 basic pay, amid employee union demands for higher salaries.

  • Sweat and savings: how to plan for Hyrox's associated expenses without going into debt

    While competing in Hyrox offers a unique experience, the associated expenses require clear financial guardrails.

  • Booked a rental car online? These hidden charges and damage fees can increase your final bill, expert explains

    A rental car’s advertised price may not be the final bill. Here are the charges and damage-liability terms customers should check before booking a self-drive car.

  • Gold and silver price today, Oct 6: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities

    Gold and silver prices today, 6 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • Tax department rejected ₹37.82 lakh deduction, but ITAT cancelled the 200% penalty: What the ruling means

    A Bangalore ITAT ruling has deleted a ₹23.31 lakh penalty imposed on a cooperative housing society that claimed a ₹37.82 lakh deduction under section 80P. The tribunal said a fully disclosed, bona fide claim on a debatable tax issue does not amount to misreporting.

  • Starting your first job at 21? Here’s how to start building your credit score without taking unnecessary financial risk

    Starting a credit journey at 21 does not mean taking on unnecessary debt. A secured or entry-level credit card, disciplined spending, timely full repayments and controlled credit utilisation can help young borrowers build a strong credit history.

  • 8th Pay Commission: Salary, pension, fitment factor — What employee unions want ahead of Bengaluru meeting

    8th Pay Commission: Bengaluru meeting will hear stakeholder views on salaries, fitment factors, allowances and pensions. IRTSA has sought higher minimum pay and fitment factors, while RSCWS has called for stronger basic pay and better retirement security, with similar demands expected to be tabled. 

  • Lower premiums, higher out-of-pocket expenses: Experts decode proposed 10% health insurance co-pay rule

    Health insurers may introduce a 10% co-payment on claims from January 2027, capped at ₹5 lakh per claim. While this could lower premiums, policyholders may face higher upfront costs during hospitalization. Here’s how the proposal could work and what consumers should check.

  • ITR filed in July, but refund still not received? Expert explains key reasons for the delay and what taxpayers can do

    Filed your ITR in July or August but still waiting for your refund? Delays can happen for several reasons, from mismatches in tax details to processing issues. Here’s what taxpayers should check on the e-filing portal and when they may need to take further action.

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