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HIGHER TAX RATE
NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
US stocks: US market ticks up ahead of first Fed policy decision under WarshU.S. stock indexes opened higher on Wednesday, with chip stocks rebounding ahead of the Federal Reserve's first interest rate decision unde...
US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
Best arbitrage mutual funds to invest in June 2026Arbitrage mutual funds offer attractive after-tax returns for investments held over a year, taxed at 12.5% like equity funds. These funds e...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
ETMarkets Smart Talk| RBI's FPI reforms could attract $50-100 billion into Indian debt over time: Vikas Garg of Invesco MFRBI’s easing of foreign investment norms for government securities could attract substantial long-term capital inflows into India’s debt ma...
Petrol, Diesel prices today June 13: Check latest fuel rates in Delhi, Mumbai, Bengaluru, and other citiesFuel prices remained steady across major Indian cities on June 13, offering consumers a brief respite after recent hikes. Oil companies mai...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
India waives excise duty on petrol with higher ethanolIndia's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...
World Bank Raises India's FY27 Growth Forecast to 6.6%India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US t...
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...
Petrol, Diesel price today changed amid excise duty relief on ethanol-blended fuel? Check latest rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel price today: Fuel prices remained stable across major Indian cities on June 11, 2026, despite the Centre's excise duty exemp...
Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...
Best tax saving mutual funds or ELSS to invest in June 2026Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual fund...