Salaried employees often claim House Rent Allowance (HRA) for rent paid to family members, such as parents or spouses, under the current tax regime. However, under the proposed draft Income-tax Rules, 2026, such arrangements may soon undergo closer scrutiny, especially if the rent exceeds Rs 1 lakh in a financial year. The new rules, if implemented, would require taxpayers to disclose their relationship with the landlord along with other details like the landlord’s name, address, and PAN nu

Trading gold and silver futures on India’s major commodity exchanges has become more affordable after the Multi Commodity Exchange (MCX) and the National Stock Exchange (NSE) removed additional margin requirements that were imposed earlier due to market volatility. This move is expected to make futures trading more accessible, especially for retail traders and smaller investors, as it reduces the amount of upfront capital required to enter these contracts. The decision reflects stabilizing

Gold and silver prices saw a sharp correction on February 17, rattling investors after weeks of strong gains. Gold dropped by Rs 2,561 or 1.65% to Rs 1,52,199, while silver fell by Rs 6,241 or 2.6% to Rs 2,33,650 at the time of writing. The sudden decline comes amid reduced global trading activity and rising volatility in the bullion market. A major reason behind the decline is low participation from key global markets. Chinese markets remain closed from February 15 to February 23 f

Syria and Saudi Arabia have signed a series of major economic and infrastructure agreements aimed at accelerating Syria’s post-war reconstruction and strengthening bilateral ties, marking one of the most significant rounds of cooperation between the two countries in recent years. Officials said the deals span aviation, telecommunications, energy, and development projects, with billions of dollars expected to flow into key sectors of the Syrian economy. The agreements include the l

Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin

Global gold reserves have come under renewed scrutiny as bullion prices climb to historic levels, strengthening the strategic and economic significance of mineral-rich nations. Gold is currently trading at approximately $4,290 an ounce in the international market, sharply raising the value of unmined deposits and drawing attention from investors, governments and mining companies seeking long-term supply security. Against this backdrop, geological estimates highlight a small group of countries

Silver prices in India have surged to a historic high, crossing the Rs 4 lakh per kilogram mark in futures trading and pushing up spot prices across major cities. The sudden spike has caught many buyers by surprise, especially as silver was trading at much lower levels just weeks ago. The rally has been sharp and swift, making silver one of the strongest-performing commodities in recent times and raising questions among consumers and investors about whether prices will continue to rise or cor

Gold has once again proven its reputation as a safe-haven asset, reaching new lifetime highs amid rising geopolitical tensions, a weakening US dollar, and growing concerns over global economic stability. On Friday, the price of gold on the MCX touched Rs 1,56,521, continuing its bullish momentum. This surge in gold prices has piqued the interest of investors, pushing them away from traditional financial assets like bonds and major currencies towards the metal. As geopolitical risks, such as t

Telangana made a significant splash at the 2026 World Economic Forum (WEF) in Davos, Switzerland, showcasing its ambition to become a global hub for innovation, technology, and sustainable development. Led by Chief Minister A. Revanth Reddy, the Telangana delegation secured several key partnerships and investments aimed at propelling the state’s economy to new heights. One of the most notable agreements was with Blaize, a US-based company specializing in energy-efficient AI hardware and sof

The Andhra Pradesh delegation’s presence at the World Economic Forum Summit in Davos has already begun yielding remarkable results. IT Minister Nara Lokesh made a major announcement that has drawn national and international attention by revealing a massive strategic infrastructure partnership between the Andhra Pradesh government and RMZ Group. Valued at nearly 10 billion dollars, this partnership is expected to redefine the state’s digital, industrial and employment landscape over the co

Congress adjourned for the year without renewing enhanced Affordable Care Act subsidies, a decision expected to significantly affect health coverage across Ohio beginning in 2026. State health policy analysts warn that as many as 140,000 Ohio residents could lose insurance coverage as premiums rise sharply following the expiration of the enhanced premium tax credits at the end of 2025. The Affordable Care Act has provided premium tax credits since 2014 to help eligible individuals a

Gold prices are hovering near record highs across both global and domestic markets, supported by a rare convergence of powerful macroeconomic and geopolitical factors. Investors tracking precious metals are increasingly questioning whether the rally still has momentum left or if prices are nearing exhaustion after a sharp multi-year run. Market experts say the surge in gold prices is not being driven by a single trigger. Instead, a combination of safe-haven demand, aggressive centra

Gold prices have surged to a new all-time high as 2025 approaches its final days, marking one of the strongest rallies ever seen in the precious metals market. Spot gold climbed to a record level above $4,500 per ounce in early Asian trade, extending a remarkable year-long run that has delivered gains of more than 70 percent so far this year. Silver and platinum have also joined the rally, underlining that the momentum is not limited to gold alone but reflects broader strength across precious

Gold and silver prices have surged to record highs as investors rush back to precious metals, turning them into one of the strongest signals of global economic anxiety. A year that began cautiously is ending with aggressive buying, driven by inflation concerns, interest rate expectations, geopolitical tensions, and fears emerging from global bond markets. On Tuesday, gold prices climbed sharply, with spot gold rising to fresh all-time highs and futures also posting strong gains. Sil

Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the prestigious Business Reformer of the Year award by The Economic Times, earning nationwide recognition for his push to transform the state into a major investment destination. The award highlights the renewed momentum in business policy, infrastructure development and industrial expansion under his leadership. With a strong focus on investor confidence and governance reforms, Naidu has positioned Andhra Pradesh as a key

The Telangana Rising Global Summit 2025 has set the stage in Hyderabad, marking a significant moment for the state as it steps into a larger global investment arena. The summit aims to bring together industry leaders, international investors, and global representatives to explore projects and opportunities that can transform Telangana into a key international business hub. With preparations in full swing, the event is expected to highlight Telangana’s potential in sectors such as technology

The Trump family’s wealth has fallen by more than $1 billion following sharp losses in a range of cryptocurrency, memecoin, and other speculative digital asset investments. According to the Bloomberg Billionaires Index, the family’s net worth declined from roughly $7.7 billion in early September to around $6.7 billion, reflecting the impact of severe volatility in the broader crypto market as well as significant depreciation in Trump-linked tokens. The downturn marks one of the most subst

India is preparing for one of its busiest wedding seasons, with nearly 46 lakh weddings expected in 2025 and spending projected at around Rs 6.5 lakh crore. As celebrations grow grander, Indian weddings often resemble Bollywood productions with choreographed sangeets, elaborate décor and multi-day festivities. But with budgets crossing Rs 30–35 lakh for most weddings, and luxury ceremonies easily exceeding Rs 1 crore, families are pouring unprecedented amounts into these events. With such