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India’s surprise GDP flattered by data calculation, analysts say

India’s recent strong economic growth of 7.8% in the April-June quarter is likely overstated due to statistical factors, particularly a lower deflator. Economists suggest the deflator, influenced by volatile food prices and wholesale price index, artificially inflated the headline figure.…

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Govt launches advanced biomanufacturing hubs to boost bioeconomy, innovation

India has launched a network of advanced biomanufacturing hubs to boost its bioeconomy and drive innovation across sectors like health, agriculture and energy. This initiative, under the BioE3 Policy, provides state-of-the-art infrastructure and expertise to startups and researchers. India aims…

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India’s GST collections rise 6.5% y-o-y to Rs 1.86 lakh crore in August

India collected Rs 1.86 lakh crore as goods and services tax in August, 6.5% higher than the same period last year, showed government data on Monday. For the previous month, India’s gross Goods and Services Tax (GST) collection stood at…

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Pivotal in initiating DBT scheme, TCA Kalyani takes charge as Controller General of Accounts

TCA Kalyani, a 1991-batch officer of the Indian Civil Accounts Service (ICAS), on Monday assumed charge as the new Controller General of Accounts (CGA) in the country.

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Oil holds in tight range as rising output offsets Russia supply disruptions

While Russian oil shipments saw a temporary dip, exports to India are expected to rise. Investors are closely watching the upcoming OPEC+ meeting and U.S. labor market data for further economic cues.

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Modi says Russia and India stand together even in difficult times

In a significant diplomatic encounter in China, Narendra Modi and Vladimir Putin shared a moment of camaraderie, with Putin referring to Modi as a ‘dear friend.’ The two leaders explored avenues for collaboration across multiple sectors, highlighting the robust ties…

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EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.
Property registry alone doesn't prove ownership: Here's what else homebuyers need to do
Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 
Trump's accounts sold Micron, bought Nvidia: Expert warns, ‘Don't mistake it for a strategy’
Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.
Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?
Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 
EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims
EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.
Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios
Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 
How can families preserve art, jewellery and heirlooms for future generations?
A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.
Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance
Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.
SIP returns disappointing? Here's when to stay invested and when to switch funds
Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.
NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India
Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.