DOWNLOAD IPFS Bank credit growth in India has dipped below 10 percent despite multiple interest rate cuts by the Reserve Bank of India (RBI), signaling persistent weak demand and risk-averse lending behavior. According to RBI data, year-on-year credit growth stood at 9.8 percent as of early July, compared to over[Read More…]

DOWNLOAD IPFS The Goods and Services Tax (GST) Council is evaluating a proposal to reduce or waive the 18 percent GST on life and health insurance premiums. If approved, the measure could provide significant financial relief to middle-class families and senior citizens, with potential savings of up to ₹9,000 per[Read More…]

DOWNLOAD IPFS The Income Tax Department has introduced a new profession code for social media influencers, vloggers, and digital content creators starting in the financial year 2024-2025. This change aims to streamline tax filings by allowing influencers to report their income under a distinct classification for the first time. Profession[Read More…]

DOWNLOAD IPFS A recent case shared by tax expert Rahul Jain from Sanjay Misra & Co. has highlighted a serious issue in the Annual Information Statement (AIS) system. The case involved a taxpayer whose AIS wrongly reflected an inflated interest income due to duplication, resulting in a discrepancy of ₹1.9[Read More…]

DOWNLOAD IPFS For newlyweds, blending lives doesn’t end with love and celebrations, it extends to managing finances effectively. Financial influencer Siddhant Garg has shared five essential financial practices that couples should adopt early in their marriage to prevent future disputes and build a secure financial foundation. The first recommendation is[Read More…]

DOWNLOAD IPFS Grip Invest, a leading platform for fixed-income investments, has unveiled a new feature called Infinite, aimed at helping investors automatically reinvest their monthly interest earnings from bonds and structured debt instruments. The launch of Infinite comes as more retail investors seek smarter ways to maximize returns without the[Read More…]

DOWNLOAD IPFS The Indian Energy Exchange (IEX) has reported a robust financial performance for the first quarter of the fiscal year 2025-2026, with a 21% year-on-year increase in net profit, reaching ₹113 crore. The energy trading platform also recorded a 13% growth in revenue from operations, which rose to ₹139.9[Read More…]

Download IPFS Walmart Inc. (NYSE: WMT) is facing renewed scrutiny as its stock wavered following a financial crime investigation into its Indian fashion arm, Myntra Designs Pvt. Ltd. India’s financial enforcement agency is examining alleged violations of foreign investment rules, raising concerns about compliance and regulatory clarity in one of[Read More…]

Download IPFS The United Kingdom has secured a major trade agreement with India, unlocking nearly £6 billion in investment and export deals. The pact is expected to generate over 2,200 new jobs across the UK, reinforcing the country’s economic recovery plan by expanding key sectors such as aerospace, advanced manufacturing,[Read More…]