Narendra Modi promoted India’s 7.8% quarterly GDP growth in an Instagram video. His “jhooth ki goonj” remark was interpreted as a veiled response to Rahul Gandhi’s youth-focused political campaign. Prime Minister Narendra Modi has used a selfie-style Instagram video to highlight India’s stronger-than-expected economic growth and counter what he described as an “echo of lies” and pessimism being spread across the country. Modi recorded th

NEW DELHI: Finance Minister Nirmala Sitharaman has urged India’s public sector banks to transform their image among young customers, asking them to become more appealing to Gen Z without compromising responsible banking standards. Speaking at the concluding session of PSB Confluence 2026, Sitharaman said state-run banks should focus on customers aged 16 and above with simple, personalised and accessible services. Banking for Youth was also one of the key themes discussed at the two-day gove

The Andhra Pradesh government plans to mobilise investments of up to Rs 9.3 lakh crore for the Visakhapatnam Economic Region through public and private projects. The VER plan will focus on AI data centres, ports, tourism, clean technology, green hydrogen, energy and infrastructure-led regional development. Visakhapatnam Economic Region Eyes Rs 9.3 Lakh Crore Push Amaravati: The Andhra Pradesh government has unveiled an ambitious inves

What RBI’s New Bulk Deposit Rules Mean The RBI’s revised deposit rules, effective October 1, 2026, require banks to publish bulk deposit rates daily, maintain uniform pricing for comparable deposits, and allow different rates based on liquidity risk. RBI Bulk Deposit Rules 2026: What Changes From October 1 The RBI bulk deposit rules 2026 will introduce stricter disclosure requiremen

Visa Restructures Workforce Despite Strong Business Growth Visa is cutting approximately 2,600 jobs, representing about 7% of its global workforce. Technology and product teams will face most of the reductions as the payment company improves efficiency and redirects resources towards AI and other growth opportunities. Visa 2,600 Job Cuts in 2026 Target Tech and Product Teams Visa's 2,60

From Historic Fort Town to Automobile and Cultural Hub Kia’s manufacturing ecosystem has reshaped Penukonda from a historic fort town into a fast-growing industrial and cultural hub. New jobs, supplier units, rental housing, Korean stores, and language training are creating a distinctive ‘Little Korea’ in Andhra Pradesh. Kia Penukonda Local Economy: How ‘Little Korea’ Took Shape

Indo-MIM IPO Allotment and Listing Update Indo-MIM IPO allotment is expected to be finalised on July 28, 2026, after the public issue received 72.34 times subscription. Applicants can verify their share allocation through the NSE, BSE, or MUFG Intime portals using their PAN and application details. Indo-MIM IPO Allotment Status: Check Shares on NSE and BSE The Indo-MIM IPO allotment sta

Gift Deed vs Inheritance: Which Saves More Tax? Gift deed and inheritance can both transfer family property, but their timing, cost, and control differ. This guide explains the 2026 income-tax rules, state-level stamp duty, registration requirements, documentation risks, and capital-gains impact before a family chooses either route. Gift Deed vs Inheritance in India: Which Saves More Tax?

ITR Deadline Missed? Know the Penalties and Tax Consequences Missing the applicable ITR due date for AY 2026-27 does not end your chance to file, but it may trigger a late fee, interest, and restrictions on carrying forward certain losses or choosing the old tax regime. Here is what taxpayers should know.   ITR Late Filing Penalty AY 2026-27: What Taxpayers Could Lose New Delhi, July 27, 2026: The ITR late fil

New vs Old Tax Regime for ₹13 Lakh Salary Explained A salaried person earning ₹13 lakh in FY 2025-26 may pay substantially less tax under the new regime. A corrected comparison for AY 2026-27 shows how the ₹75,000 standard deduction and Section 87A marginal relief change the final liability and regime choice.   ₹13 Lakh Salary Tax in 2026: Which Regime Is More Beneficial? A salaried taxpayer earning ₹13 lakh annually

ITR Filing Challenges 2026: AIS, Property, and Foreign Asset Errors Taxpayers filing income tax returns in 2026 face challenges involving property sale calculations, AIS mismatches, incorrect return forms, foreign asset disclosures and portal glitches. The Income Tax Department has also explained why overseas accounts and investments may now appear in AIS. Why Accurate Reporting Matters More This Filing Season New Del

EPFO Portal Shutdown From June 26 To 28: What EPF Members Should Know Before Filing Claims The Employees’ Provident Fund Organisation will temporarily shut down key online claim services from June 26 to June 28, 2026, as part of a planned system upgrade. EPF members who are planning to submit withdrawal, transfer, or claim requests during this period may need to wait until services resume on June 29.

Stock Market Closing Bell: Sensex Gains Over 500 Points, Nifty Ends Near 24,000 Indian equity markets continued their positive run on Tuesday, June 16, 2026, as benchmark indices closed higher for the third consecutive session. Strong buying in IT, FMCG, media, and realty stocks helped Dalal Street maintain its recovery momentum, while weakness in metal and auto counters limited further upside.

Anupam Mittal’s Twice-A-Month Salary Idea Starts Fresh Payroll Debate In India Anupam Mittal’s suggestion to pay salaries twice a month has triggered debate over employee cash flow, financial stress, and payroll challenges in India. Anupam Mittal’s suggestion that Indian companies should consider paying salaries twice a month has started a fresh debate on how employees receive their monthly income. The idea sounds simple. Instead of waiti

Why Sensex And Nifty Closed Lower Today Sensex and Nifty ended lower as IT stocks fell sharply, crude oil moved near $100, and investors watched rupee weakness and RBI policy cues. Sensex Ends Lower After Volatile Session Indian stock markets closed lower on Wednesday after a volatile trading session. The Sensex ended 303 points lower, while the Nifty also finished in