GST reforms: 38,700 exporters to get faster refunds, wider access to input tax creditsNearly 38,700 export taxpayers will become eligible for cash refunds on input taxes paid on services and plant and machinery under GST refo...
10 Oct, 2026, 03.55 PM IST
RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
10 Oct, 2026, 03.35 PM IST
RBI to sell $2.6 billion of bonds, tighten bank reserve need to squeeze cashThe Reserve Bank of India is set to initiate bond sales to better regulate liquidity within the banking system. As of October 16, banks wil...
10 Oct, 2026, 01.48 PM IST
RBI moves to support rupee at 96.78, cracks down on forex derivativesThe Reserve Bank of India introduced new measures to address the pressure on the rupee. These measures include tightening foreign exchange ...
10 Oct, 2026, 09.09 AM IST
RBI raises average CRR maintenance requirement for banksThe Reserve Bank of India will raise the minimum daily cash reserve ratio requirement to 99% from 90%. This change will take effect from mi...
09 Oct, 2026, 07.21 PM IST
CEA Nageswaran pitches for MSME-specific approach to NPA classification normsV Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He hi...
09 Oct, 2026, 02.20 PM IST
BoE to put barn owls, bees on future notesThe Bank of England is embracing a new approach by swapping out renowned Britons on banknotes for images of local wildlife like barn owls, ...
09 Oct, 2026, 06.41 AM IST
50 Cent took Vitaminwater equity rather than just an endorsement check; when Coca-Cola bought Glacéau for $4.1 billion in 2007, Forbes says he made $100 millionIn a bold move, 50 Cent opted for equity over cash when he partnered with the relatively obscure beverage company, Glacéau. After a success...
07 Oct, 2026, 01.40 PM IST
McDonald’s Monopoly returns with $1 million cash prize: Here’s how to play and what else you can winMcDonald’s Monopoly is back with a $1 million cash prize, 2027 Jeep Cherokees, cruises and other rewards. Here’s how the game works, where ...
07 Oct, 2026, 12.44 AM IST
Electricity, cash and crises: what's on the COP31 agenda?The upcoming COP31 conference in Antalya, Turkey, is gearing up to tackle pressing climate change and energy challenges. The negotiations w...
06 Oct, 2026, 10.03 AM IST
Rs 85.3 lakh cash gifts from relatives deposited in bank trigger unexplained deposit income tax notice; taxpayer contests and wins case in ITAT ChennaiMr Amirtharaj from Thygarayanagar, got Rs 85.03 lakh cash gifts from his sister’s husband, uncle and other relatives, he deposited this cas...
05 Oct, 2026, 03.52 PM IST
Brother-in-law caught with Rs 4.34 lakh worth of foreign currency; income tax officer sends notice; he wins case in ITAT Delhi with help from sister-in-lawA brother-in-law got into trouble when he was found with Rs 4.34 lakh in foreign currency. A tax officer sent him a notice about it. But, t...
05 Oct, 2026, 10.55 AM IST
UPI MDR: 0.4% charge raises questions over MSME margins, cash flows and digital creditIndustry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...
05 Oct, 2026, 10.34 AM IST
Barber finds bag full of over USD128,000 at Bank of America ATM. Man's next action will draw your awePolice authorities found out that cash was belonged to Bank of America and was sent to the bank through vendor Brinks.
03 Oct, 2026, 11.07 PM IST
‘Cash flow statement can't lie’ is the most expensive assumption in the stock market. That number can be dressed up tooThe cash-flow statement is supposed to be honest, the place you see whether a company is really making money or merely reporting it. But a ...
02 Oct, 2026, 12.42 PM IST
Medicine shop owner deposits Rs 2.47 crore cash in bank account, gets income tax notice for unexplained cash; wins case in ITAT Delhi for this reasonMr Kumar, a medicine shop owner had deposited Rs 2.47 crore cash in his bank account during demonetisation period, he got an unexplained ca...
01 Oct, 2026, 10.41 AM IST
Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
29 Sep, 2026, 01.49 AM IST