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Iran vows to attack any ship trying to pass through Strait of Hormuz

Iran’s Revolutionary Guards declared the Strait of Hormuz closed, threatening to fire on any ship attempting passage. This explicit warning follows earlier threats and could disrupt a fifth of global oil flows. The move is a retaliation for alleged U.S.…

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Forex reserves rise on gold, dollar valuation gains despite balance of payments pressure: RBI

India’s foreign exchange reserves saw a nominal rise of USD 19.4 billion in April-December 2025, primarily due to valuation gains from higher gold prices and a weaker dollar. However, excluding these valuation effects, reserves declined by USD 30.8 billion on…

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India's oil contingency plan in pipeline amid Iran disruptions: Export curbs, more Russian crude, LPG rationing on table

Demand management measures, including LPG rationing, are also under consideration. These steps are being taken due to ongoing disruptions in the Strait of Hormuz.

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India, Canada sign $2.6 billion uranium deal, target $50 billion trade by 2030 with CEPA push

This partnership includes cooperation in defense, technology, and renewable energy. The leaders finalized terms for a comprehensive economic partnership agreement. This move signifies a reset in relations and unlocks new opportunities for both countries.

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As Mideast conflict widens, US says attacks on Iran will last weeks and intensify

A major conflict has erupted in the Middle East as Israeli and US forces strike Iran. Iran and its allies are retaliating, targeting energy facilities and embassies across the region. The fighting has expanded, impacting global markets and causing significant…

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US-Iran War: India Inc must prepare and hedge for risks, not panic, say experts

India Inc faces a significant geopolitical challenge as the US-Israel war with Iran escalates, threatening crucial oil and LNG imports. With the Strait of Hormuz at risk, rising crude prices, currency pressure, and inflation are immediate concerns. Experts warn of…

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UPI MDR Charges: Will newly introduced fees impact your Diwali, Dhanteras shopping bills?
UPI MDR will apply to select merchant transactions above ₹2,000 from 15 October 2026, but consumers will not have to pay the charge. Here’s what the new rules mean for Diwali and Dhanteras shopping, including high-value purchases.
What Lionel Messi's career teaches us about building long-term wealth: 5 key money lessons
Lionel Messi’s career with Argentina offers valuable lessons for building long-term wealth. From staying consistent and adapting to setbacks to diversifying income and planning beyond peak earnings, these five money lessons can help investors build stronger financial habits.
Gold and silver price today, 7 Oct: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
Gold and silver prices today, 7 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.
Let commissions fall: Why we should welcome the Irdai reforms
Irdai’s proposed commission reforms are a step forward, but better claims data are needed to ensure consumers can judge not just what insurance costs, but what it delivers.
Retired professor waited 12 years for pension benefits, Telangana rights panel directs NIMS to pay within 3 weeks
A Telangana retired professor waited nearly 12 years for his pensionary benefits after taking voluntary retirement. The Telangana Human Rights Commission has now directed NIMS to settle his dues within three weeks.
8th Pay Commission Bengaluru meeting today: 5 latest updates central govt employees need to know
The 8th Pay Commission begins its meetings in Bengaluru today. Here are the five latest updates on consultations, fitment factor, salary, allowances and pensions, and what central government employees and pensioners should know about the ongoing process.
Paid a large credit-card bill in cash? ITAT ruling explains when the tax department can question the source of money
A Jaipur ITAT ruling offers relief to taxpayers making large cash payments from bank withdrawals. The tribunal said every credit-card payment need not be matched to a specific withdrawal if the taxpayer can establish the source and availability of the cash.
₹10,000 SIP to ₹46 lakh in October 2026: Which mutual fund scheme created most wealth for investors over 10 years?
A 10-year SIP can significantly grow wealth through the power of compounding. We look at the top-performing active diversified equity funds and hybrid funds, their long-term SIP returns and how a ₹10,000 monthly investment could have grown over a decade.
RBI 25-bps rate hike or status quo: What should mutual fund investors do after the policy announcement? Experts weigh in
The RBI may raise the repo rate by 25 bps or hold it at 5.25% on October 7. What should mutual fund investors do with their equity, debt, and gold allocations? Experts explain how to navigate the decision and what portfolio changes to make after the announcement in either scenario.
Cyber fraud: How customers can prevent their bank accounts from being used as mule accounts
Experts advise customers to be particularly cautious about unsolicited job offers, schemes promising easy money and requests to ‘rent’ or ‘lend’ a bank account