A weakening rupee is quietly boosting returns for Indian investors in US markets even as the same factors weigh on domestic equities. The Indian rupee has weakened 2.63% so far in 2026 and about 1.8% since tensions escalated in West Asia, pressured by higher crude oil prices, foreign fund outflows and a stronger dollar. For…
Several lenders, including Axis Bank, YES Bank and SBI Card, are revising credit card rewards, fees and access benefits from April 2026, part of a broader shift in how issuers design card economics. The changes, ranging from tighter cashback caps and revised fee thresholds to reduced airport lounge access, signal what industry experts describe as…
As the financial year nears its close, individuals typically rush to lock in last-minute tax-saving investments. Among the available options, health insurance stands out, not just for its tax benefits, but also for its role in safeguarding long-term financial stability. Under Section 80D of the Income Tax Act, 1961, individuals opting for the old tax…
Discounts on physical gold in India narrowed this week from near decade-high levels, supported by festival-led buying and a correction in global prices, even as broader demand trends across Asia remained uneven. Bullion dealers offered discounts of up to $75 per ounce over official domestic prices, down from $83 last week — the deepest since…
The Government of India has officially notified the Income‑tax Rules, 2026, publishing them in the Official Gazette ahead of the new financial year beginning April 1. The notification marks a key procedural step in implementing the Income‑tax Act, 2025, which replaces the decades‑old taxation framework under the earlier Act. The Income‑tax Rules, 2026 are subordinate legislation…
Silver and gold staged a notable recovery in Friday’s (March 20’s) futures trade, following recent sharp declines driven by global uncertainties and rising energy costs. On the Multi Commodity Exchange (MCX), gold for April delivery surged by ₹1,914, or 1.32%, to ₹1.46 lakh per 10 grams. Meanwhile, silver for May delivery jumped ₹8,540, or nearly…
India’s health insurance sector is expanding with higher sum insured options and “unlimited” coverage plans. However, complex policies and rising costs lead to claim disputes. By Shilpa Arora March 20, 2026, 6:26:15 PM IST (Published) India’s health insurance sector is growing rapidly, with insurers offering higher sum insured options and even “unlimited” coverage plans. On…
India’s financial inclusion programme under the Pradhan Mantri Jan Dhan Yojana continues to expand, with total accounts reaching 578 million as of February 25, according to data shared in Parliament. Deposits in these accounts have crossed ₹2.94 lakh crore. Finance Minister Nirmala Sitharaman informed the Lok Sabha that more than 55% of Jan Dhan accounts…
Finance Minister Nirmala Sitharaman on Friday, March 20, said the new Income Tax Act seeks to significantly reduce litigation and simplify compliance, urging tax officials to treat taxpayers as “partners in nation building” rather than adversaries. Speaking at the launch of the income tax website 2.0 and awareness campaign, ‘Prarambh 2026,’ in New Delhi, Sitharaman…
The Ministry of Ayush recently signed a Memorandum of Understanding (MoU) with the Central Industrial Security Force (CISF) to promote preventive healthcare, wellness, yoga, stress management, and holistic well-being among personnel and their families. The initiative reflects a growing emphasis on wellness and lifestyle-led interventions, stressing a broader societal shift toward experience-driven consumption. This trend…
