Business

Navigating sudden unemployment is an emotionally challenging and financially destabilizing experience. In an unpredictable corporate landscape shaped by restructuring, cost-cutting cycles, and technological shifts, an unexpected pink slip immediately disrupts regular cash inflows. However, panicking and liquidating long-term retirement assets or defaulting on debt can create deep financial scars that …

Domestic bullion markets witnessed a fresh upward trajectory on September 19, driven by positive momentum in international metal exchanges, fluctuating dollar valuations, and an uptick in pre-festive retail demand across India. The price of 24-carat gold rose by approximately Rs 142 per gram, taking standard 24K retail prices to around …

Indian scheduled commercial banks recorded a sharp acceleration in credit expansion during the first quarter of financial year 2026-27 (Q1 FY27), with overall bank credit growing at 16.5% year-on-year. According to the latest monetary and banking data released by the Reserve Bank of India (RBI), this expansion represents the highest …

Under the statutory guidelines laid down by the Employees’ Provident Fund Organisation (EPFO), both employees and employers contribute 12% of the employee’s basic salary plus dearness allowance toward retirement savings. While the employee’s entire 12% contribution lands inside the Employees’ Provident Fund (EPF) account, the employer’s 12% contribution splits into …

The Foreign Currency Non-Resident (Bank), or FCNR (B), deposit window has emerged as a major balance sheet booster for the Indian banking sector rather than a fiscal strain, according to an extensive analysis published by SBI Research. Mobilising an unprecedented $127.23 billion within a condensed window of under three months, …

India’s foreign exchange reserves fell by $4.924 billion to stand at $780.782 billion for the week ended September 11, 2026, according to the latest statistical supplement released by the Reserve Bank of India (RBI). The contraction marks the first drop in ten consecutive weeks, snapping a sustained rally that saw …

The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Fourth Amendment) Rules, 2026, introducing crucial procedural updates and extending key compliance timelines under the Income-tax Act, 2025 framework. In a major relief to financial professionals, tax authorities have revised application Forms 169 and 171 and provided an additional …

A widening price premium for diesel over gasoline has driven an unexpected squeeze across global energy markets. According to a research assessment by investment bank Goldman Sachs, global gasoline exports have tumbled 24 per cent year-on-year. The sharp downturn is primarily driven by refiners strategically maximizing diesel yields to capitalize …

The Central Government has significantly reduced the windfall tax and export duties on petrol, high-speed diesel, and aviation turbine fuel (ATF), providing substantial operational relief to domestic refiners and oil marketing companies. According to an official notification issued by the Ministry of Finance, the revised levy structure took effect as …

Indian equity benchmarks Sensex and Nifty cracked at the opening bell, tracking widespread declines across major Asian indices amid persistent global risk aversion. Investor sentiment took an immediate hit following hawkish commentary from the US Federal Reserve, where policymakers reiterated a commitment to keeping interest rates elevated to tame persistent …