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Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?

Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to $74.20 a barrel. The latest rally comes after both benchmarks climbed 5.5% last week, with WTI once…

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RBI steps up scrutiny of Corporate India's foreign investments

Indian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations with overseas investments will relay this information to the Reserve Bank of India.

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FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive

Finance Minister Nirmala Sitharaman will meet public sector bank chiefs on Monday. The meeting will review efforts to boost foreign currency deposit inflows. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to attract…

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IndiGo gets DGCA warning over cargo spillage, dangerous goods rule violations

IndiGo’s parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident occurred in January. The airline must now submit an action taken report to the aviation regulator.

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118-year-old Calcutta Stock Exchange plans comeback with new trading platform

The Calcutta Stock Exchange plans a revival with new technology and government support. It will withdraw its voluntary exit application filed with Sebi last year. The exchange possesses sufficient capital for trading operations and has a net worth over ₹300…

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EPFO opens 6-month amnesty window for exempted PF trusts to align with new rules

The Employees’ Provident Fund Organisation has notified a one-time Amnesty Scheme, 2026 to regularise establishments operating exempted Provident Fund Trusts, with the window opening on 29th June, 2026 and set to run for six months. The move comes after the…

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  • From 5 lakh to 1.30 crore: Trial and error, discipline and boredom — Investor shares how portfolio grew over 7 years

    A process of trial and error and self-learning led this investor from ₹5 lakh portfolio to ₹1.30 crore over a seven-year period, he shared online. Here's how the investment journey went…

  • Widow denied ₹1 crore claim after husband passed away, later receives payment: Why court sides with the family

    Tata AIA rejected a ₹1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues. 

  • 8th pay commission: Full recommendations to come in May 2027? Here's how the timeline works

    8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline works…

  • Prashant Kishor has nearly ₹8 crore in FDs: How much tax could he pay on this massive corpus?

    Prashant Kishor's financial portfolio largely consists of fixed deposits totaling ₹7.36 crore with HDFC Bank, compared to only ₹63 lakh in equities. His election affidavit shows total assets of nearly ₹198 crore, including movable and immovable properties.

  • DA hike: ₹30,000 minimum wage, higher pension, job security — Full list of BMS' demands ahead of 17 August strike

    Key demands by the BMS include hike in variable DA, a minimum monthly wage of ₹30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes. 

  • Kisan Vikas Patra at 7.5%: How long will your money take to double in 2026?

    Kisan Vikas Patra offers a 7.5% annual interest rate in July-September 2026, with investments doubling in 115 months. Here is how KVP works, its maturity period, investment limits and key points savers should know before investing.

  • CBDT’s foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay?

    The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until December 2026. A 60% payment on the declared value ensures immunity from penalties.

  • Delhi Lakshmi Yojana: Here's how to check status of your application online — Stepwise guide

    Registration for the Delhi Lakshmi Yojana will continue till the target of 17 lakh women is met, CM Rekha Gupta said. Here's how eligible women can track the status of their application after applying for the financial assistance scheme… 

  • Have multiple jobs at the same time? Here’s how your PF membership is regulated under EPFO rules

    Employees with multiple jobs may receive separate EPF benefits from each employer, and EPFO provides guidelines for overlapping employment. Details here. 

  • Home loan prepayment vs investing: When should you use extra cash to repay debt?

    Home loan prepayment can reduce interest costs, while investing surplus funds may offer higher returns. Compare the loan rate, post-tax investment gains, risk and liquidity before deciding. 

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