The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
With just days left before the December 31, 2025 deadline, taxpayers across India are being urged to check whether their PAN is linked with Aadhaar. The warning comes from the Income Tax Department, which has made it clear that failure to complete the linking process on time could lead to serious financial and tax-related disruptions. PAN Aadhaar linking is the process of connecting an ind
With just days left before the December 31, 2025 deadline, taxpayers across India are being urged to check whether their PAN is linked with Aadhaar. The warning comes from the Income Tax Department, which has made it clear that failure to complete the linking process on time could lead to serious financial and tax-related disruptions. PAN Aadhaar linking is the process of connecting an ind
Maruti Suzuki India Limited recorded its highest-ever monthly sales performance in November 2025, supported by robust domestic demand and the strongest export tally in the company’s history. The automaker reported total sales of 2,29,021 units for the month, reflecting continued momentum in both passenger vehicles and utility models as the broader auto sector experiences sustained growth. In the domestic market, Maruti Suzuki delivered 1,74,593 units, a sharp rise from 1,44,238 un
Maruti Suzuki India Limited recorded its highest-ever monthly sales performance in November 2025, supported by robust domestic demand and the strongest export tally in the company’s history. The automaker reported total sales of 2,29,021 units for the month, reflecting continued momentum in both passenger vehicles and utility models as the broader auto sector experiences sustained growth. In the domestic market, Maruti Suzuki delivered 1,74,593 units, a sharp rise from 1,44,238 un
Amaravati is once again in the national spotlight with a major milestone set to unfold in the capital region. As the NDA government accelerates the development of Andhra Pradesh’s capital, the city is emerging not only as an AI hub and renewable energy center but also as a rising financial powerhouse. The long-held dream of transforming Amaravati into India’s financial capital, first envisioned by Chandrababu Naidu, is now gaining renewed momentum with concrete steps toward large-scale ba
Amaravati is once again in the national spotlight with a major milestone set to unfold in the capital region. As the NDA government accelerates the development of Andhra Pradesh’s capital, the city is emerging not only as an AI hub and renewable energy center but also as a rising financial powerhouse. The long-held dream of transforming Amaravati into India’s financial capital, first envisioned by Chandrababu Naidu, is now gaining renewed momentum with concrete steps toward large-scale ba
India’s seafood industry is witnessing a sharp rise in demand from China after Beijing imposed a complete ban on Japanese seafood imports. The move comes amid escalating geopolitical tensions between China and Japan, triggered by remarks linking the Taiwan conflict to Japan’s national security. As China halted all Japanese seafood imports, Indian seafood exporters experienced a significant surge in interest, marking a major shift in Asian trade patterns. Indian seafood stocks re
India’s seafood industry is witnessing a sharp rise in demand from China after Beijing imposed a complete ban on Japanese seafood imports. The move comes amid escalating geopolitical tensions between China and Japan, triggered by remarks linking the Taiwan conflict to Japan’s national security. As China halted all Japanese seafood imports, Indian seafood exporters experienced a significant surge in interest, marking a major shift in Asian trade patterns. Indian seafood stocks re
As India moves into 2026, investors face a familiar yet complex choice: gold or real estate. Both assets have historically served as trusted vehicles for preserving and growing wealth. Yet, their performance and purpose vary significantly depending on economic conditions, investor goals, and market trends. Over the past year, both gold and property values have surged. Gold’s recent rally has been driven by global inflation, economic instability, and rising central bank purchases.
As India moves into 2026, investors face a familiar yet complex choice: gold or real estate. Both assets have historically served as trusted vehicles for preserving and growing wealth. Yet, their performance and purpose vary significantly depending on economic conditions, investor goals, and market trends. Over the past year, both gold and property values have surged. Gold’s recent rally has been driven by global inflation, economic instability, and rising central bank purchases.
The Telecom Regulatory Authority of India (TRAI) has officially approved the Calling Name Presentation (CNAP) system, a new initiative that will allow mobile users to see the real, verified names of callers on their phone screens. This feature, developed in collaboration with the Department of Telecommunications (DoT), aims to bring transparency to digital communication by displaying the name used during SIM registration, rather than relying on third-party caller ID apps like Truecaller. The
The Telecom Regulatory Authority of India (TRAI) has officially approved the Calling Name Presentation (CNAP) system, a new initiative that will allow mobile users to see the real, verified names of callers on their phone screens. This feature, developed in collaboration with the Department of Telecommunications (DoT), aims to bring transparency to digital communication by displaying the name used during SIM registration, rather than relying on third-party caller ID apps like Truecaller. The
Mukesh Ambani has once again secured the top spot on the Hurun India Rich List 2025, reaffirming his position as the wealthiest Indian with a net worth of Rs 9.55 lakh crore. The report, released as the 14th edition of the M3M Hurun India Rich List, also saw Bollywood megastar Shah Rukh Khan make history by entering the billionaire club for the first time with a personal fortune of Rs 12,490 crore. This milestone marks a rare crossover of fame and fortune, cem
Mukesh Ambani has once again secured the top spot on the Hurun India Rich List 2025, reaffirming his position as the wealthiest Indian with a net worth of Rs 9.55 lakh crore. The report, released as the 14th edition of the M3M Hurun India Rich List, also saw Bollywood megastar Shah Rukh Khan make history by entering the billionaire club for the first time with a personal fortune of Rs 12,490 crore. This milestone marks a rare crossover of fame and fortune, cem
The Union Cabinet has approved a 3% hike in Dearness Allowance (DA) for central government employees and pensioners, with the revised rate taking effect from July 1, 2025. This move, announced after the Cabinet meeting on Wednesday, is expected to benefit nearly one crore individuals, including both serving employees and retired staff. Dearness Allowance is a cost-of-living adjustment paid by the government to offset
The Union Cabinet has approved a 3% hike in Dearness Allowance (DA) for central government employees and pensioners, with the revised rate taking effect from July 1, 2025. This move, announced after the Cabinet meeting on Wednesday, is expected to benefit nearly one crore individuals, including both serving employees and retired staff. Dearness Allowance is a cost-of-living adjustment paid by the government to offset
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
Ranked among the world’s top public institutions, the Darden School of Business at the University of Virginia has gained recognition for shaping students into leaders who can thrive in rapidly evolving global markets. With students from across the world joining its programs, Indian students in particular are increasingly enrolling with a clear aim: to sharpen their leadership and entrepreneurial skills while learning how to apply technical expertise in international business contexts.
Ranked among the world’s top public institutions, the Darden School of Business at the University of Virginia has gained recognition for shaping students into leaders who can thrive in rapidly evolving global markets. With students from across the world joining its programs, Indian students in particular are increasingly enrolling with a clear aim: to sharpen their leadership and entrepreneurial skills while learning how to apply technical expertise in international business contexts.
The clock is ticking for taxpayers who are required to file their income tax audit reports for the financial year 2024–25. The deadline has been set for September 30, 2025, and unlike in some past years, the Income Tax Department has not announced any extension. For companies, proprietorships, and firms whose accounts must be audited, filing the audit report on time is not just a compliance requirement—it is essential to avoid hefty penalties unde
The clock is ticking for taxpayers who are required to file their income tax audit reports for the financial year 2024–25. The deadline has been set for September 30, 2025, and unlike in some past years, the Income Tax Department has not announced any extension. For companies, proprietorships, and firms whose accounts must be audited, filing the audit report on time is not just a compliance requirement—it is essential to avoid hefty penalties unde
The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.
The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.
The Income Tax Department extended the ITR filing deadline for Assessment Year 2025–26 by one day, moving it from September 15 to September 16, 2025. The announcement came after the e-filing portal suffered major technical glitches, including login failures and frozen screens, leaving lakhs of taxpayers stranded. By the original deadline, 7.3 crore returns were filed, crossing last year’s record, but at least 1.5–2 crore taxpayers were still
The Income Tax Department extended the ITR filing deadline for Assessment Year 2025–26 by one day, moving it from September 15 to September 16, 2025. The announcement came after the e-filing portal suffered major technical glitches, including login failures and frozen screens, leaving lakhs of taxpayers stranded. By the original deadline, 7.3 crore returns were filed, crossing last year’s record, but at least 1.5–2 crore taxpayers were still
India’s wealth has always been closely tied to family-run businesses, many of which span across generations. The latest Hurun India Rich List 2025 has revealed fascinating insights into which surnames dominate the country’s wealthiest business dynasties. According to the report, Agarwal and Gupta families lead the pack, with 12 families each making it to the list of India’s richest. This reflects how certain surnames continue to hold influenc
India’s wealth has always been closely tied to family-run businesses, many of which span across generations. The latest Hurun India Rich List 2025 has revealed fascinating insights into which surnames dominate the country’s wealthiest business dynasties. According to the report, Agarwal and Gupta families lead the pack, with 12 families each making it to the list of India’s richest. This reflects how certain surnames continue to hold influenc
With the rationalisation of the Goods and Services Tax (GST) completed, the Indian government is preparing a targeted relief package for exporters impacted by steep US tariffs. According to official sources, the Centre is working on a set of schemes designed to help sectors that have been hit hardest by the 50 per cent import duties imposed by President Donald Trump, which included a 25 per cent penalty linked to India’s Russian oil purchases.
With the rationalisation of the Goods and Services Tax (GST) completed, the Indian government is preparing a targeted relief package for exporters impacted by steep US tariffs. According to official sources, the Centre is working on a set of schemes designed to help sectors that have been hit hardest by the 50 per cent import duties imposed by President Donald Trump, which included a 25 per cent penalty linked to India’s Russian oil purchases.
The Goods and Services Tax (GST) Council has approved a major overhaul of India's GST system, effective September 22, 2025. This comprehensive revamp introduces significant changes, impacting everything from household essentials and food items to vehicles and healthcare products. The council has streamlined the tax slabs by reducing the existing four-tier system to just two primary slabs 5% and 18% and introduced a 40% slab for select luxury and harmful it
The Goods and Services Tax (GST) Council has approved a major overhaul of India's GST system, effective September 22, 2025. This comprehensive revamp introduces significant changes, impacting everything from household essentials and food items to vehicles and healthcare products. The council has streamlined the tax slabs by reducing the existing four-tier system to just two primary slabs 5% and 18% and introduced a 40% slab for select luxury and harmful it
The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for
The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for
The Central Bureau of Investigation (CBI) on Saturday conducted raids at six premises in Mumbai linked to Reliance Communications (RCom) and its Promoter Director, Anil Ambani, in connection with an alleged bank fraud case worth over Rs 2,000 crore. According to sources, the searches were aimed at collecting key documents and digital records to establish whether bank funds had been misused or loans diverted across group companies.
The Central Bureau of Investigation (CBI) on Saturday conducted raids at six premises in Mumbai linked to Reliance Communications (RCom) and its Promoter Director, Anil Ambani, in connection with an alleged bank fraud case worth over Rs 2,000 crore. According to sources, the searches were aimed at collecting key documents and digital records to establish whether bank funds had been misused or loans diverted across group companies.
Tirumala Venkateswara Swamy Temple is regarded as one of the wealthiest places of worship in India, thanks to its ever-growing pilgrim donations and Hundi collections. Recently, Andhra Pradesh Chief Minister Chandrababu Naidu shared a fascinating story highlighting the depth of devotion shown by one anonymous businessman. According to Naidu, this devotee, who attributed his immense business success to the blessings of Lord Venkateswara, made a staggering offer
Tirumala Venkateswara Swamy Temple is regarded as one of the wealthiest places of worship in India, thanks to its ever-growing pilgrim donations and Hundi collections. Recently, Andhra Pradesh Chief Minister Chandrababu Naidu shared a fascinating story highlighting the depth of devotion shown by one anonymous businessman. According to Naidu, this devotee, who attributed his immense business success to the blessings of Lord Venkateswara, made a staggering offer