Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Monday (August 25, 2025) affirmed India’s sovereign rating at ‘BBB-‘, with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. “India’s ratings are supported by its robust growth and solid external…
Two decades ago, if you had told someone you were investing in a currency not regulated by the government, or didn’t bear the signature of the RBI Governor and couldn’t be seen but only stored in virtual wallets, they would have laughed at you. Fast forward to 2025. Several firms have started accepting crypto payments….
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto An emergency fund is one of the most important pillars of financial planning. Without an adequate emergency fund in place, a single financial exigency can push one to high-cost debt, premature liquidation of investments and even adversely impact financial health for the long term. Costly…
Finance Minister Nirmala Sitharaman chairs a meeting of Group of Ministers (GoMs) constituted by the GST Council on Compensation Cess, Health and Life Insurance, and Rate Rationalisation at Vigyan Bhawan, in New Delhi. File. Photo: X/@FinMinIndia via PTI The story so far: The Group of Ministers (GoM) appointed by the Goods and Services Tax (GST)…
Union Minister of State for Commerce and Industry Jitin Prasada. File Photo: ANI Photo/Sansad TV The rate of rejection for Indian products by importing countries has fallen by 12.50% in June 2025 compared to June 2024, according to Minister of State for Commerce and Industry, Jitin Prasada, in response to a query raised by Viduthalai…
The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3-4 in New Delhi, the Council said in a memorandum | Photo Credit: Getty Images/iStockphoto The Goods and Services Tax (GST) Council will hold its 56th meeting on September 3-4 in New Delhi, the Council said in a memorandum issued on…
U.S. Federal Reserve Chair Jerome Powell. File | Photo Credit: Reuters The dollar fell on Friday (August 22, 2025) after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank’s September meeting but stopped short of committing to cutting interest rates. “While the labour market appears to be in balance,…
President Droupadi Murmu has given her assent to the Income-tax Act, 2025, which will replace the archaic Income Tax Act, 1961. The Income Tax Act, 2025, will come into effect from the next financial year, beginning April 1, 2026. The new Act will make tax laws simple and reduce wordage in the legislation, making it…
RBI Executive Director Indranil Bhattacharyya | Photo Credit: LinkedIn The Central Board of Directors of Reserve Bank of India (RBI), at its meeting held in Lucknow, under the chairmanship of Governor Sanjay Malhotra, approved the nomination of Indranil Bhattacharyya, Executive Director, as an ex officio member of the Monetary Policy Committee (MPC). The Board assessed…
Image used for representative purpose only. | Photo Credit: K.R. Deepak India private sector activity expanded at the fastest pace on record in August, fuelled by a robust surge in demand led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a survey showed on…
