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India and Russia seek to increase trade to $100 billion as US ties fray

India and Russia plan to boost their annual trade by 50% to reach $100 billion. Both nations seek to reduce tariffs. This comes amid rising tensions with the US. Subrahmanyam Jaishankar highlights the need to remove trade barriers. Narendra Modi…

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Centre, states stare at fiscal tensions from India’s big tax cut proposal

Modi’s government plans GST tax cuts. This move may cause revenue loss for states. States and the center will negotiate revenue sharing. Some states worry about financial impact. The GST Council will discuss the proposal. The government aims for consensus…

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Parliament Monsoon Session: Lok Sabha adjourns sine die after just ’37 hours’ of productive debate, says Om Birla

The Monsoon session of Parliament concluded amidst disruptions, with the Lok Sabha passing 12 bills and the Rajya Sabha clearing 14. Key legislations included amendments to GST, sports governance, and regulations for online gaming. Repeated adjournments due to opposition protests…

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CCPA slaps Rs 10 Lakh fine on Rapido over misleading advertisement

The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs 10,00,000 on online ride-hailing platform Rapido (Roppen Transportation Services) for publishing misleading advertisements and unfair trade practices.

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Why India Must Redefine Risk and Cost in the New Global Tech Economy

In a world of tariff shocks and fractured supply chains, how can Indian firms balance cost optimization with risk resilience? Rajesh Sethi, Group CFO of Lava International, outlines why supply diversification and policy alignment are now central to India’s Atmanirbhar…

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Indian economy likely grew 6.8-7% in Q1 FY26, higher than RBI’s estimate: SBI report

The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India’s estimate of 6.5 per…

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News

  • The debt-free trap: Why shunning all forms of credit can actually stunt your financial growth

    Before you vow to never borrow another rupee, here is a realistic look at how to make debt work for you—not against you.

  • Ex-Microsoft employee walked away from ₹1.9 crore salary, shares challenges of starting over

    Christian Harms, a former Microsoft employee, has opened up about leaving a corporate job that paid $200,000 (approximately ₹1.9 crore) a year in Switzerland to start over in Australia.

  • Dearness Allowance: Increase in basic salary component, 3-4% hike expected — Why is DA important?

    Dearness Allowance (DA) is a percentage of salary for central government employees and pensioners to offset inflation. Updated bi-annually, it rose from 58% to 60% in January 2026, benefiting 50 lakh employees and 65 lakh pensioners. Future hikes depend on AICPI data and government approval.

  • Can ₹50 lakh grow into ₹5 crore through mutual funds? Here's what a 15-year investment could deliver

    Meeting such a high-value financial goal requires careful planning, patience and the right investment strategy.

  • ITR filing 2026: Beyond Form 16 — avoid these costly income tax compliance mistakes

    Salaried workers who have switched employers, selected a suboptimal tax regime, claimed unsupported deductions, or omitted capital gains face heightened financial risks.

  • ₹10,000 SIP to ₹30 lakh: These large & midcap mutual funds led 10-year returns

    A ₹10,000 monthly SIP would have grown to over ₹30 lakh in these four large & midcap funds. Check the top-performing schemes and how they stack up over shorter investment horizons.

  • Foreign assets are coming soon in AIS: Compliance is about to become harder to ignore

    Information on foreign assets will increasingly show up in taxpayers' AIS, but the absence of an asset from the statement does not erase the legal obligation to disclose it.

  • EPFO interest credit: Here's how to check your EPF balance, e-passbook using portal, Umang app, SMS — Stepwise guide

    Labour Minister Mansukh Mandaviya said the EPFO has processed interest on provident funds of 34 crore members for FY26. Interest earned on EPF contributions is tax-exempt up to ₹1.5 lakh under Section 80C under the old tax regime.

  • RBI fixes SGB 2019-20 Series II redemption price at ₹14,199. Should investors redeem now?

    The Reserve Bank of India has fixed the premature redemption price for Sovereign Gold Bond 2019-20 Series II at ₹14,199 per gram. Investors who bought the bonds in 2019 have earned more than 300% in capital appreciation, but tax implications should also be factored into the decision.

  • What is a home loan top-up and when should you consider it?

    A home loan top-up can offer cheaper credit than a personal loan—but only if you understand the costs, eligibility rules and hidden pitfalls.

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