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New tax coming for demerit goods like cigarettes and not for essential goods: FM Sitharaman

Finance Minister Nirmala Sitharaman said the new Health and National Security Cess will primarily focus on demerit goods, including pan masala, ensuring that the revenues generated are channeled into health initiatives and enhancing our national defense.

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Trump admin orders H-1B, H-4 visa applicants to make social media profiles public

In a new order issued Wednesday, the State Department said beginning December 15, a review of the online presence for all H-1B applicants and their dependents will be conducted.

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Russia, India to push toward USD 100 billion trade turnover by 2030: Russian Finance Minister

Russian Finance Minister Anton Siluanov expressed confidence that Russia and India can reach their shared goal of achieving USD100 billion in trade turnover by 2030, citing rapid growth in recent years and expanding cooperation across multiple sectors.

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Commercial & Industrial RE capacity to be 60-80 GW by 2030, says official

India’s commercial and industrial renewable energy capacity is set for significant growth. By 2030, this sector is projected to reach 60 to 80 gigawatts. Installations are expected to surpass 6 gigawatts in 2025 alone. This expansion supports India’s ambitious renewable…

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India needs transparent GDP methods, robust surveys to reflect true state of economy: Report

India should adopt transparent methodologies, robust surveys, and simultaneous index updates in GDP calculations to accurately assess the true state of the economy, highlighted a report by Systematix Research.

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Market Wrap: Sensex adds 158 pts, Nifty above 26,000 as D-St snaps 4-day losing run

Indian stocks snapped a four-day slide on Thursday, with the Sensex and Nifty closing higher, primarily driven by IT shares. This advance occurred ahead of the Reserve Bank of India’s policy decision, with IT stocks benefiting from a softer rupee…

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  • India’s pension system has a blind spot: those already old

    India’s pension system is getting better at helping people save for retirement. But for older informal workers with little pension income, reverse mortgages could turn home equity into a financial lifeline.

  • Celebrities are selling sarees on Facebook, Instagram LIVE: Here's what works for them; social media advantages and more

    Celebrities are using Facebook and Instagram Live to sell sarees, combining product demonstrations, entertainment and direct customer interaction. 

  • 8th pay commission: What is fitment factor? We calculate salary hike for multipliers of 1.83, 2, 2.57 and 3.83

    The commission, chaired by former Supreme Court Justice Ranjana Prakash Desai, is reviewing proposed pay and pension changes. Possible fitment factors range from 1.83 to 3.83. The panel’s report is due by May 2027. 

  • 8th Pay Commission: 5 latest developments central government employees and pensioners should know

    The 8th Pay Commission's latest updates include notices regarding visits to Mumbai, Bengaluru, Jaipur, and Chandigarh, as well as revised consultant engagement guidelines. Here are 5 key developments that central government employees and pensioners should know about. 

  • DA, pay scale, salary, pension, increments — Here's what can be expect from 8th CPC recommendations; full list

    From dearness allowance (DA) to pay scale, salary structure and pension revision, increments and promotions — Here's the full list of what employees and pensioners can be expect from the 8th CPC. 

  • ₹2 lakh credit card dues vs ₹5 lakh personal loan: Which debt should you repay first? Experts explain

    Should you repay ₹2 lakh in credit card dues or a ₹5 lakh personal loan first? Experts explain why high-interest credit card debt usually takes priority, how minimum payments increase borrowing costs, and how to protect your credit score while repaying both debts. 

  • EV owners alert! Insurance claims for repairs may cost more than for petrol, diesel cars — here's how

    Electric car insurance claims cost 14% more on average than comparable petrol and diesel car claims, with average costs rising further during monsoon conditions. Here's why.

  • Sold property but did not file ITR? ITAT gives taxpayer another chance to contest ₹90.09 lakh income tax penalty

    A property seller facing a ₹90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.

  • Will RBI’s new measures to support rupee affect overseas investments? Experts explain

    The rupee surged 93 paise after the RBI tightened forex rules to curb dollar speculation. Experts explain how the measures could affect returns on US stocks, international mutual funds and ETFs, and what Indian investors should know about currency risk and overseas investments.

  • Earning ₹50,000, ₹1 lakh or ₹2 lakh a month? Here's how much you could save in 10 years

    A consistent monthly investment can help salaried individuals build wealth over 10 years. For those earning ₹50,000, ₹1 lakh or ₹2 lakh a month, the potential corpus depends on how much they invest, the returns they earn and how inflation affects the future purchasing power of their savings.

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