According to Surjit Bhalla, the significance of an India-US trade agreement extends well beyond the issue of trade balances. (AI image) The comprehensive India-US trade deal can reshape India’s economic growth path, economist and author Surjit Bhalla has said. According to him, the significance of an India-US trade agreement extends well beyond the issue of…
Bot calls, AI chat generated Rs 5520 cr loans in FY26: Sanjiv Bajaj MUMBAI: An avalanche of automated calls, often dismissed as an irritant, is being recast as a powerful lending engine at Bajaj Finance. In his letter to shareholders, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, has laid out how conversational data…
India’s growth is supported by strong momentum in private consumption and services activity. (AI image) The International Monetary Fund (IMF) on Wednesday marginally lowered the growth projections for India to 6.4% from 6.5% earlier as part of its World Economic Outlook update for the current year. However, it raised the GDP growth projections for the…
New EPFO portal goes live!The Employees’ Provident Fund Organisation (EPFO) completed the migration of all member records to a centralised database on Wednesday, restoring online services for members and employers.The large-scale database consolidation and software upgrade, shifts member records from a decentralised architecture to a centralised database. According to Union labour and employment minister Mansukh…
What are the common mistakes that can lead to tax department queries or notices? (AI image) ITR filing FY 2025-26: Filing your income tax return (ITR) accurately is the first step to ensuring compliance. Any errors can invite questions from the Income tax Department, which may eventually lead to a tax notice as well. The…
India’s credit card market has expanded sharply over the past decade, but is yet to touch its potential, with only !According to a report by TransUnion CIBIL, credit cards continue to have limited reach, with only one in four credit-active consumers holding one.The credit information company’s managing director and chief executive, Bhavesh Jain, said that…
Investor sentiment turned sharply negative after US President Donald Trump announced that the ceasefire arrangement with Iran had collapsed. (AI image) Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday as fresh tensions between the US and Iran sent crude oil prices soaring. Both the benchmarks…
E85, a blend containing 85% ethanol and 15% petrol, also requires flex-fuel vehicles. (AI image) Even as the country debates the impact of E20 petrol on cars and mileage, oil marketing companies (OMCs) are reluctant to undertake a large-scale rollout of E85 fuel outlets. This comes on the back of an earlier experience with E100…
The Indian government has urged the USTR to withdraw its proposal to levy the additional 12.5% tariff. (AI image) The Donald Trump administration’s Section 301 probe and threat of fresh tariffs has added a layer of uncertainty for several countries including India.The United States Trade Representative (USTR) has advanced one of its two investigations into…
Equity markets head into Wednesday with global developments taking centre stage after crude oil prices jumped nearly 3% in early trade following US military strikes on Iran, reviving concerns over disruptions in the Strait of Hormuz. Back home, Sensex ended Tuesday 104.35 points lower at 78,180.72, while Nifty50 slipped 31.65 points to 24,398.70, with gains…
