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Indian firms target small-town growth that’s insulated from US tariffs

Indian firms focus on rural areas for growth amidst US tariff concerns. Rural consumption exceeds urban for six quarters. Low inflation and good harvests boost spending in villages. Companies like Britannia and Pidilite expand in smaller towns. Government tax cuts…

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India service sector growth hit 15-year high in August but inflation intensifies, PMI shows

India’s services sector saw a significant boost in August. The growth hit a 15-year high due to strong demand. New orders increased sharply, supported by international demand. Companies passed on rising costs to customers. Overall inflation may rise soon. Business…

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CAD outlook: Report predicts deficit to nearly double in FY26; projected at 1.2% of GDP

Union Bank of India projects India’s current account deficit (CAD) may nearly double to 1.2% of GDP in FY26 due to rising trade and geopolitical tensions. A widened merchandise trade deficit and the recent US tariff hikes on key sectors…

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Schneider Electric appoints Jai Sharma as CFO

Schneider Electric on Tuesday announced the appointment of Jai Sharma as its Chief Financial Officer (CFO) for the Greater India Zone.

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Google keeps Chrome and Apple deal but must share data in big antitrust ruling

A US judge ruled Google can keep Chrome and Android but must share search data with rivals to encourage fair competition. The decision highlights AI’s growing threat to Google’s dominance. It’s part of a broader US antitrust push against Big…

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CBDT extends I-T exemption window for sovereign wealth, pension funds till 2030

The CBDT has extended income tax exemptions for sovereign wealth and pension funds investing in India’s infrastructure until March 31, 2030. This move, formalized after an earlier announcement, aims to attract long-term global capital by exempting these funds from taxes…

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  • 8th Pay Commission: AIDEF seeks review of DA and DR inflation formula to better reflect living costs

    Rising inflation concerns spark fresh demands for reform as Defence employees urge the 8th Pay Commission to overhaul the DA and DR calculation formula. AIDEF says the current inflation index fails to reflect the true cost of living for employees and pensioners.

  • 8th Pay Commission may revamp HRA structure as employee unions seek higher rates and DA linkage

    Rising living and housing costs have intensified calls for major reforms to the 8th Pay Commission HRA. Employee unions have proposed higher HRA rates, DA-linked revisions and regular city reviews to ensure central government employees and pensioners receive better support against inflation.

  • ITR filing 2026: Can you claim corporate health insurance as a tax deduction? Only under these conditions

    Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question. 

  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

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