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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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Export tariffs to US may fall to 15-16% under trade deal: Report

Under the deal, India may also agree to gradually cut its imports of Russian crude oil–the key sticky point between the two nations–among other concessions.

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Gold, silver extend losses after gold’s biggest slump in 12 years

Gold and silver experienced significant plunges from record highs, driven by profit-taking and concerns of market bubbles. Asian stocks fluctuated as Wall Street’s rally showed fatigue. Despite recent de-risking, equity exposure remains high, with analysts anticipating healthy pullbacks.

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Trump and Modi Discuss Trade Amid Concerns Over Indian Oil Imports from Russia During Diwali

President Trump stated he discussed trade and energy with Indian Prime Minister Modi, who assured him India would limit oil purchases from Russia. This comes as Trump pressures Moscow to end the Ukraine war, with India being a major buyer…

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Walmart pauses job offers to H-1B candidates amid $100,000 visa fee rule: Report

The move comes in the wake of the Trump administration’s recent decision to impose a $100,000 fee on new H-1B applications, a policy that has disrupted hiring plans across several industries.

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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.

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