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China files complaint, says India’s PLI schemes for auto, EV policy violate WTO norms

China has lodged a complaint with the WTO against India’s incentive schemes for battery and electric vehicle manufacturing. Beijing claims these policies favor domestic goods over imports, potentially violating global trade rules. India’s measures aim to boost local production in…

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Unilever delays Magnum demerger timeline on US government shutdown

Unilever’s planned demerger of The Magnum Ice Cream Company has been delayed due to the U.S. federal government shutdown, preventing the SEC from declaring the registration statement effective for its New York Stock Exchange listing. While preparatory work is on…

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Muhurat to Muhurat: Stock indices see tepid gains; banks shine

Indian stock markets, Sensex and Nifty, saw subdued performance since November 1, 2024. Banking and IT sectors showed gains. However, mid and small-cap indices experienced significant drops. Past years like 2020 and 2023 offered better returns post Muhurat trading. Market…

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Adani Realty, Marathon ink JV for Rs 3,400-crore commercial, retail project in Mumbai’s Byculla

Adani Realty and Marathon Nextgen Realty have partnered to develop a significant commercial project in Byculla, South Mumbai, valued at Rs 3,400 crore. This joint venture will add 1.2 million sq ft of office and retail space to the existing…

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Reliance Retail operationalises 600 dark stores pan-India to scale hyper-local delivery

Reliance Retail CFO Dinesh Taluja said JioMart is better placed with an extensive physical store network and dark stores being set up in select locations. Reliance Retail has already operationalised 600-odd dark stores and is also investing in more to…

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Gold, silver prices cool after record highs; jewellery sales jump 35-40 pc during Dhanteras

Gold and silver prices saw a dip on Tuesday after reaching record highs. This profit booking occurred even as jewellery sales during Dhanteras experienced a significant jump of 35-40 percent across India. Silver ETFs also corrected sharply. Despite the short-term…

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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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