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Mercedes-Benz agrees to pay $149.6 million to settle multistate emissions allegations

Mercedes-Benz and parent company Daimler AG will pay $149.6 million to settle allegations of installing “defeat devices” in over 211,000 diesel vehicles. These devices allowed cars to pass emissions tests while exceeding legal limits for nitrogen oxides during normal operation.…

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New Year to bring higher car prices as auto industry passes on cost inflation

Manufacturers are passing on increased commodity costs and a weaker rupee, with some carmakers raising prices by up to 3% and appliance makers by up to 10%. This marks the first price hike since September’s GST rate reduction.

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Airlines duopoly not a concern as long as airport operators have negotiating power: Jeet Adani

The recent near-collapse of IndiGo, which flies around 65 per cent of the total domestic passengers, and consequent massive jump in the airfares, brought back the issue of the duopoly in the country’s airline industry.

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Provision in new Insurance Bill sparks fears of board shake-ups

A new insurance law provision raises concerns for directors. It may force many to step down from insurance boards. This impacts bank-promoted ventures where directors also serve lenders. The current wording could lead to confusion and board instability. Insurers seek…

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AI spending spree drives global tech debt issuance to record high

Michelle Connell, president at Portia Capital Management, said debt-funded AI capex reflects a structural shift, as rapid technological obsolescence and short chip lifespans force companies to reinvest continuously.

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Paytm sets up units in Indonesia, Luxembourg; sells 49% stake in UAE arm

The proposed entities will focus on expanding the distribution of Paytm’s technology-led merchant payments and financial services stack through a combination of local licences, partnerships, investments, and organic growth. The fintech plans to invest up to Rs 25 crore in…

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Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more
Interest rates on fixed deposits differ significantly among banks. Investors should consider factors such as bank reputation and financial goals when choosing deposit options with varying maturities.
ITR-6 Excel utility for AY 2026-27 released: Eligibility, due dates, key documents explained
The Income Tax Department has released the Excel utility for ITR-6 for AY 2026-27. The utility is now available on the e-Filing portal. The form is applicable to companies that are not claiming exemption under Section 11 of the Income Tax Act.
Boost your savings on autopilot: How cash optimisation apps put your surplus money to work
Cash optimisation apps allow you to park unused money in liquid mutual funds or fixed deposits, delivering higher yields than standard savings accounts.
EPFO may launch E-PRAAPTI by August-end: How the new portal can help you trace old or inactive PF accounts
The EPFO is expected to launch E-PRAAPTI by the end of August to help members recover money lying in old or inactive PF accounts. The Aadhaar-based portal aims to simplify account tracing, reduce paperwork, enable UAN linking, and make claims faster through a digital process.
RBI holds repo rate at 5.25%: 5 assumptions about EMIs, FD rates and inflation salaried employees shouldn't make
The RBI has kept the repo rate unchanged at 5.25% while raising its FY27 growth forecast and trimming its inflation estimate. Here's why salaried employees shouldn't expect lower EMIs, cheaper loans or sharply lower FD rates just yet.
Does Section 54F tax exemption apply if LTCG is used to buy property from spouse? Here's what the ITAT ruling says
The Mumbai ITAT ruled that a genuine property purchase from a spouse cannot be denied Section 54F tax exemption merely because it results in tax savings. The tribunal found no evidence of tax avoidance and allowed a taxpayer's ₹6.92 crore exemption claim after the tax department challenged it.
RBI policy remains unchanged — but is this the right time to revisit and strengthen your emergency fund strategy?
The RBI held the policy repo rate at 5.25%, maintaining a cautious stance amid uncertainties. Governor Malhotra noted the uncertain growth outlook due to various factors. Here's what retail investors should do in such times.
Beyond 31 July: Taxpayer's guide to every ITR deadline
While business and professional filers of ITR-3 and ITR-4 get more time, even those who missed the 31 July deadline get a chance to file a belated ITR, though with a penalty.
Does paying off a loan early improve your credit score? Here's what experts say
Early loan repayment reduces interest costs but may not immediately improve credit scores. Experts explain how timely payments, credit utilisation, debt management and responsible borrowing habits play a bigger role in building a strong credit profile.
What India's investors can learn from South Korea's market meltdown
South Korea's AI-driven stock market boom turned into a sharp rout within weeks. Here's what Indian investors can learn about leverage, passive investing, diversification and FOMO.