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Corporate and business entities dominate political funding as donations to national parties surge 161% to Rs 6,648 crore in FY25

Electoral trusts contribute 60.53% of total funding; BJP receives over Rs 6,000 crore, more than 10 times of other parties combined.

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ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala Sitharaman

​In the Lok Sabha, Sitharaman also said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from evading Indian law by staying abroad and was applicable to offences involving Rs 100 crore or more.

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Government has taken steps to mitigate risks arising from West Asia conflict: Ministry of Finance

He listed out the steps taken by the government to deal with the crisis, including measures to manage external sector volatility and support the balance of payments.

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Quick commerce, restaurant chains firing offers to cash in on IPL

​Amazon Now, Flipkart Minutes and Instamart this weekend launched ‘match-ready’ deals on food and beverages brands with discounts of over 40%, while cafes and chains have kick-started promotions to leverage the high-decibel tournament that started on Saturday.

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Senior exits shake up Deloitte M&A business amid strategy shift

​Executives who quit include Rajesh Aggarwal, head of debt advisory, Ruchi Sarna, national head of consumer investment banking, and Suresh Atal, a senior partner in transaction advisory, multiple sources said.

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Expect more funky moves from RBI

Rupee’s decline in March has been unusually severe, and RBI is drawing on its emergency playbook to stabilise the currency.

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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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