Banking And Finance
Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here’s what happened next
A retired ONGC employee has won a tax dispute after the Chennai bench of the Income Tax Appellate Tribunal (ITAT) allowed him to claim tax exemption on the full ₹19.06…
RBI overhauls Lead Bank Scheme after review, issues new guidelines
New Delhi [India]: The (RBI) has issued revised guidelines for the Lead Bank Scheme (LBS), aimed at strengthening , improving coordination among stakeholders and deepening financial inclusion across the country.…
RBI’s New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms
The Reserve Bank of India (RBI) has introduced revised guidelines for the Kisan Credit Card (KCC) Scheme, bringing greater uniformity to agricultural lending by standardising the definition of crop seasons.…
Made a mistake in your tax return? Here’s how to correct it even after receiving a refund
Even after carefully filing your income tax return (ITR), mistakes can sometimes slip through. You may realise later that you forgot to report certain income, claimed excess deductions or even…
Market
A stock trader’s guide to navigating a rare ‘Super El Niño’
As concerns over the Iran war recede, stock investors are confronting another threat: climate risk, which is prompting a reassessment of bets across sectors from agriculture to insurance. A high…
US-Iran peace deal: How are falling crude oil prices likely to impact petrol, diesel prices?
US-Iran peace deal: Brent crude prices edged higher on Friday but remained on track for a weekly decline of nearly 8%, as a ceasefire agreement between Israel and Hezbollah eased…
US-Iran talks, crude prices, trading activity of FIIs key drivers for markets this week: Analysts
Movement in the stock market will hinge on the outcome of talks between the US and Iran, crude oil prices and trading activity of foreign investors in the holiday-shortened week…
US-Iran talks, crude oil movement, macro data to dictate bullion trend next week: Analysts
Developments surrounding US-Iran negotiations, movement in crude oil prices and key global economic data are expected to steer gold and silver prices next week, analysts said. The focus will squarely…
Market
India’s premium RTD story is no longer a metro phenomenon
A bottle of premium Himalayan water in the outskirts of Patna. A Thai coconut jelly drink finding its fastest-growing market in Tier-2 and Tier-3 India. These are no longer isolated…
CCPA fines Storia Foods, English Oven ₹1 lakh each for misleading ‘100% claim’
The Central Consumer Protection Authority (CCPA) on Sunday said it has imposed penalties of ₹1 lakh each on Mrs Bectors Food Specialities, known for brand English Oven and Storia Foods…
No truth in missing coal stock allegations, says SCCL
The Singareni Collieries Company Ltd (SCCL) on Sunday dismissed recent allegations that coal stocks had gone missing from the company, saying there was “no truth” in the claims. In a…
CCPA fines Storia Foods, Mrs Bectors ₹1 lakh each over ‘100%’ claims
The Central Consumer Protection Authority (CCPA) has imposed penalties of ₹1 lakh each on Storia Foods and Beverages Pvt. Ltd and Mrs Bectors Food Specialities Ltd for allegedly misleading consumers…
Axis
