Business
Explained: Four amendments to Income Tax Act to be applicable in FY26
August 14, 2025
Explained: Four amendments to Income Tax Act to be applicable in FY26
The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the…
RBI may cut repo rate if GDP further declines
August 14, 2025
RBI may cut repo rate if GDP further declines
The Reserve Bank of India’s Monetary Policy Committee (MPC) could consider further policy rate cuts if upcoming GDP data falls…
India’s WPI inflation falls to 2-year low in July as food prices fall
August 14, 2025
India’s WPI inflation falls to 2-year low in July as food prices fall
India’s annual rate of inflation based on the Wholesale Price Index (WPI) fell further in the negative zone to a…
Banks to clear cheques within few hours starting October 4: RBI
August 14, 2025
Banks to clear cheques within few hours starting October 4: RBI
The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October…
ICICI Bank reduces minimum average balance for new savings accounts after backlash
August 14, 2025
ICICI Bank reduces minimum average balance for new savings accounts after backlash
Facing widespread outrage, private lender ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000…
India’s gems & jewellery exports jump 16 pc in July ahead of US tariff deadline
August 14, 2025
India’s gems & jewellery exports jump 16 pc in July ahead of US tariff deadline
The overall gross exports of gems & jewellery registered a robust increase of 15.98 per cent to $2.18 billion (Rs…
NPCI bans P2P collect requests in UPI from October 1
August 13, 2025
NPCI bans P2P collect requests in UPI from October 1
In order to address financial fraud, National Payments Corporation of India (NPCI) has directed banks and payment apps to halt…
Domestic mineral industry set to benefit from India-UK trade pact
August 13, 2025
Domestic mineral industry set to benefit from India-UK trade pact
The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to benefit the domestic mineral sector, according to the Ministry…
India’s CPI inflation plunges to 8-year low of 1.55 pc
August 12, 2025
India’s CPI inflation plunges to 8-year low of 1.55 pc
India’s inflation rate based on the Consumer Price Index (CPI) eased further to 1.55 per cent in July this year,…
New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds
August 12, 2025
New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds
The new Income Tax Bill, 2025, passed by the Lok Sabha, clarifies that late-return filers are eligible for refunds on…