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Geopolitical flare-ups, AI crash, tariff shocks to dampen India’s air travel demand in FY26, ICRA says

India’s air travel demand is projected to see modest growth of 4-6% in FY26 due to external shocks like geopolitical escalations and trade headwinds. Despite this, international passenger traffic for Indian carriers is expected to surge by 13-15%, driven by…

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Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief

New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, replacing the old Income Tax Act of 1961. The Income Tax Department aims for simple and easy-to-comply forms. Tax…

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Rural, industrial and service play will drive our next phase of growth: Castrol CFO

CFO Mrinalini Srinivasan in an interview with ETCFO said that rural and industrial are the two big levers for Castrol’s future growth. “Rural demand is rising, and we haven’t fully tapped it. Industrial is a large market where our presence…

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SC recalls order barring govt from retrospective green nod for projects

The Supreme Court has delivered a split verdict on retrospective environmental clearances. A majority of judges have voted to recall a previous judgment. This judgment had previously invalidated government office memoranda allowing post-facto environmental clearances. Projects already granted clearance under…

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RBI Announces Premature Redemption Price for Sovereign Gold Bonds 2020-21 Series-VIII

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after…

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India GDP outlook: SBI forecasts Q2 growth to hit 7.5% — here are the factors driving momentum

India’s economy is poised for robust growth, with projections indicating a 7.5% expansion in Q2 FY26. This surge is fueled by increased investment, recovering rural demand, and the positive impact of GST rationalization. Strong performances in services and manufacturing, alongside…

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  • India is way ahead of China, UK in the number of young entrepreneurs and women founders: Hurun's U35 Rich List

    India leads Hurun’s U35 comparisons with 180 entrepreneurs, ahead of China’s 101 and the UK’s 62. It also has the most women.

  • Dearness allowance hike: Cabinet skips July 2026 DA decision as railway bonus, social assistance plan get nod

    Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinet’s latest meeting. While the announcement remains pending, two other proposals have received approval. 

  • Who is Romita Mazumdar? Foxtale founder is only woman among Hurun’s 10 youngest entrepreneurs

    Romita Mazumdar, Foxtale’s founder and CEO, is the youngest woman on the Avendus Wealth–Hurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

  • Sectoral mutual funds: Why investors should explore banking, auto, power and healthcare funds now

    Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

  • HDFC Small Cap Fund is the only scheme with negative YTD returns in 2026: What sets it apart from the category leader?

    HDFC Small Cap Fund has delivered negative returns in 2026 so far, while Bank of India Small Cap Fund leads the category with 32.71% returns. Differences in small-cap allocation, sector exposure and stock selection offer insights into the contrasting performance of the two schemes.

  • Govt renames NSAP as PM Samajik Sahayata Yojana, raises disability pension to ₹375; minimum age limit removed

    The Union Cabinet has approved renaming the National Social Assistance Programme (NSAP) and revising disability pension rules. Monthly assistance will rise to ₹375 for beneficiaries aged 0-79 and ₹625 for those aged 80 and above, while the disability threshold drops from 80% to 40%.

  • Sent money to the wrong UPI ID? Here’s how to raise a complaint and recover it

    Report the transaction through your UPI app and bank immediately to improve your chances of recovering the money

  • US stocks: You receive $75 on a $100 dividend, but India may tax the full amount again; how to claim relief

    Indian residents earning dividends from US stocks generally receive payouts after US withholding tax. The full dividend is again taxable in India. Here's how to claim relief.

  • SC makes insurance mandatory for all train tickets from Oct 27; here's what it means for customers booking offline

    The Supreme Court has directed Indian Railways to make insurance mandatory for all tickets bought at station counters from October 27, 2026, extending coverage already available optionally to online ticket holders. Details here. 

  • Asked to be an executor? Know your duties before you agree

    Being an executor involves managing a deceased person’s estate, settling liabilities and distributing assets. Here’s what the role entails and when you can renounce it.

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