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FM Sitharaman highlights surge in Diwali sales to all-time high of Rs 6.05 lakh crore

Finance Minister Nirmala Sitharaman on Wednesday highlighted the surge in Diwali sales this year which touched a record Rs 6.05 lakh crore, driven by GST rate cuts and strong demand for ‘swadeshi’ products.

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India’s renewable energy focus shifts from speed to system strength: Govt

India is shifting its renewable energy focus from rapid capacity additions to building a resilient, dispatchable, and integrated system. The nation is prioritizing grid integration, energy storage, and market reforms to support its goal of 500 GW non-fossil capacity by…

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Impact of Cheap Steel Imports on India’s Domestic Steel Industry: RBI Insights

India’s steel sector faced significant headwinds in 2023-24 and 2024-25 due to cheap imports and dumping from global producers, impacting domestic production and capacity utilization. The RBI Bulletin highlighted the need for policy support, including safeguard duties, to boost competitiveness…

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AI talent war looms as global tech comes talent fishing here

AI leaders are entering India to tap into its strong tech talent. Their first local hires will come from startups and global capability centres, focusing on roles in engineering, research, sales, and product.

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New funding routes on regional flight map: Budgetary support, other options on cards

The Indian government is exploring new funding mechanisms for its regional air connectivity scheme, UDAN, including direct budgetary support to airlines. This comes as the scheme aims to connect 120 new destinations over the next decade, with existing funding models…

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India’s Snack Market Sees Clash Between Legacy Brands and New Startups This Diwali

India’s Rs 46,571-crore snack market is a fierce battleground this Diwali, pitting legacy giants like Haldiram’s against startups offering ‘clean’ and ‘modern’ indulgences. As the market is projected to more than double by 2033, both traditional and new players are…

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Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India
Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.
ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties
Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.
EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?
EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.
Annapurna Yojana: Haven't you received your payment yet? 8 reasons why
The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.
Same trip, same loss: why was one insurance claim rejected?
In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.
Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how
A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.
India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it
India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.
2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline
With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.
Why diversification—not stock picking—could define wealth creation over the next decade
As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.
UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending
UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.