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Luxe wheels gain speed on India’s salary surge as experience-led aspirations rise

Luxury car brands like Mercedes-Benz, BMW, and Audi are seeing a significant rise in buyers from salaried professionals and startup founders. This trend highlights strong corporate earnings and India’s economic growth. Wealth creation is expanding, with more senior professionals now…

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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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News

  • How to obtain tax residency proof in India?

    A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, an online Form 10FA must be submitted, confirming tax residency in India for the relevant financial year.

  • 4 common credit report errors that drop your score and trigger loan rejection

    Credit report errors such as incorrect details, misreported repayments, active closed loans and duplicate accounts can reduce your credit score and hinder loan approval, making regular credit report checks essential.

  • Markets will move in 2026, but behaviour will decide outcomes

    The markets in 2026 may test investors. When instinct pushes for quick reactions, it is behaviour discipline, restraint, and clarity of purpose that will decide outcomes.

  • Don’t pay tax on gifts if they are from family. Here’s the rule

    Gifts from relatives are exempt from tax, while gifts over ₹50000 from non-relatives are taxable. Gifts received during marriage are fully tax-exempt. 

  • Inside AIFs: The risks, rewards and real fit for your portfolio

    Each AIF is different and an investor needs to understand if and where it fits into their asset allocation mix, based on their portfolio size, risk-taking ability, return expectations and liquidity considerations

  • This couple had a New Year holiday in Oman just for ₹2 lakh. Here's how

    As part of Mint’s travel series, the couple shares details of their nine-day Oman holiday, showing how it’s possible to enjoy a full, hassle-free holiday without stretching the wallet.

  • Still believing these credit myths? They’re quietly ruining your financial health

    As 2025 ends, it's vital to debunk personal finance myths, especially regarding credit. Misconceptions include beliefs that BNPL doesn't affect credit scores, high income ensures good scores, and closing old cards is beneficial. 

  • Axis Bank credit card travel redemption options: Transfer ratios, limits, and tips

    Axis Bank credit cardholders can transfer their reward points to 20 partners (6 hotels and 14 airlines) categorised into Group A and B. There are groupwise calendar year limits on points transfers.

  • Rupee at record low: Should you invest abroad? Here are the smartest routes

    With traditional domestic mutual funds reaching overseas investment caps, this guide explores alternative routes, including Gift City funds, foreign brokerage platforms, and global mutual funds, to help build a robust international portfolio.

  • PNB cuts repo-linked lending rates by 25 bps after RBI MPC announcement — Will your home loan EMI go down? Explained

    Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

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