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Gaining ground: Household manufacturing grows 4x faster than corporates

Household manufacturing in India is growing nearly four times faster than corporate entities. This sector’s gross value added shows a substantial compound annual growth rate. Corporate manufacturing’s share of total manufacturing GVA has seen a decrease. The expansion is driven…

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US destroys 5 Iranian crude oil tankers following attacks on navy warship

United States forces said it targeted and destroyed five Iranian oil tankers, sharply escalating tensions. In retaliation, Iran fired missiles toward American positions in Jordan, though the majority were intercepted by Jordan’s air defence systems. Adding to the conflict, the…

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Oil’s $100 nightmare is back as worst-case scenario is taking shape

This situation makes significantly lower oil prices before late 2026 increasingly unlikely, Oil prices may potentially slip back into above-$100 territory.

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The big Gen Z market taking over how India spends, saves and strategises

India’s youngest generation now leads consumption spending with unique preferences. Gen Z’s influence is reshaping brand strategies and investment patterns significantly. This demographic is embracing early credit access and design-led purchases. Their spending power is projected to grow substantially in…

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NSE cuts IPO price range, giving up shot at India’s top listing

National Stock Exchange of India is likely to price its long-awaited IPO at Rs 1,700-1,785 a share, below its earlier range of Rs 2,000-2,100. The exchange may also reduce the stake on offer to 5.5%, valuing NSE at up to…

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Ashok Leyland plans Rs 5,000 crore capex over 3 years, targets EV, ADAS and alternate propulsion: CFO KM Balaji

Ashok Leyland plans investment towards product development and regulatory compliance. The company is also focusing on technology for electric and software-defined vehicles. Non-truck businesses are growing rapidly, improving overall profitability. This strategic shift aims to reduce truck dependence and enhance…

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  • Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors

    SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.

  • Bank strike from September 28-30: ATMs and 9 other services customers can avail without a branch visit; check list

    A nationwide bank strike from September 28 to September 30 could disrupt cheque clearing and cash transactions as unions demand a five-day workweek. However, many banking services are expected to remain operational, allowing customers to manage funds and pay bills without visiting branches.

  • CA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 September

    Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report.

  • Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income

    Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Here’s who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.

  • CM Vijay to launch Tamil Nadu gold ring scheme on 28 Sept: What is it, who is eligible and how does it work? | Explained

    Tamil Nadu Chief Minister S. Joseph Vijay will launch the 'Thaai Maaman Thanga Mothiram Thittam' scheme for newborns in Madurai on September 28, providing 1-gram gold rings to eligible babies delivered in government hospitals, promoting institutional deliveries and maternal health.

  • Sold house, land, shares or mutual funds? Know 9 reinvestment options to claim capital gains tax exemption

    Selling a house, land, shares, mutual funds or other capital assets can trigger capital gains tax. The Income-tax Act provides nine exemptions under Sections 54 to 54GB if the gains or sale proceeds are reinvested in specified assets within prescribed timelines.

  • Invested in a top-performing mutual fund? Why strong returns may not translate into similar gains for you

    A mutual fund’s reported returns may not always match what investors actually earn. The timing of investments and withdrawals can create a significant gap, even when the fund delivers strong long-term performance.

  • Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?

    Irdai has proposed commission caps, tighter expense limits and stronger safeguards against mis-selling. But whether the reforms make insurance cheaper and easier to buy and claim will depend on implementation.

  • UPI MDR row reaches SC: Plea against merchant charges on payments above ₹2,000 to be heard on Monday

    The Supreme Court will review a petition against the Centre's MDR on UPI transactions over ₹2,000, which will come into effect on October 15. Full details here.

  • ₹10 lakh in 3-year Post Office TD vs 5-year TD: Which earns more interest? Check out the calculations

    A ₹10 lakh Post Office Time Deposit earns 7.1% for three years and 7.5% for five years in July-September 2026. Here is how the interest compares and what investors should consider before choosing a tenure.

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