Finance

Rupee Collapses to Historic 89.50 per Dollar as RBI Scales Back Support

Rupee Collapses to Historic 89.50 per Dollar as RBI Scales Back Support and Trade Uncertainty Deepens

The Indian rupee plunged to an unprecedented low on Friday, slipping past the long-defended 88.80 mark and hitting levels near 89.50 against the US dollar. The sudden and sharp slide, driven by fading expectations of a US Federal Reserve rate cut, escalating US–India trade tensions, heavy foreign investor outflows, and ...

Nvidia Financial Report Q3 AI Chip Demand Skyrockets as Blackwell Sales Drive Record $57B Revenue

Nvidia Financial Report Q3: AI Chip Demand Skyrockets as Blackwell Sales Drive Record $57B Revenue

Nvidia Financial Report Q3: Nvidia has delivered a landmark third-quarter performance that exceeded every Wall Street expectation, fueled by unprecedented demand for its Blackwell GPUs and soaring AI compute requirements worldwide. The company posted record revenue of $57 billion, marking a 62% surge from last year and a 22% increase ...

SBI Signals Support as Government Prepares Major PSU Bank Merger Overhaul

SBI Signals Support as Government Prepares Major PSU Bank Merger Overhaul

India’s public sector banking landscape is on the brink of one of its most significant structural shifts in recent years. Over the past week, multiple reports from Bloomberg and Informist have confirmed that the Finance Ministry has begun drafting a detailed roadmap for the next round of PSU bank mergers. ...

Martin Lewis Issues Major Warning to Debit Card Users Hidden Costs You Can’t Ignore

Martin Lewis Issues Major Warning to Debit Card Users: Hidden Costs You Can’t Ignore

Millions of consumers across the UK are being urged to reassess how they make everyday payments after money expert Martin Lewis issued a strong warning to anyone using debit cards from major banks including Lloyds, Barclays, NatWest and Nationwide. Speaking on his BBC podcast, Lewis revealed that many shoppers rely ...

Income Tax Refunds to Get Faster as CBDT Empowers CPC for Direct ITR Rectifications

Income Tax Refunds to Get Faster as CBDT Empowers CPC for Direct ITR Rectifications

Taxpayers troubled by long refund delays and unresolved ITR mistakes may finally see smoother and faster resolutions. The Central Board of Direct Taxes has issued a major notification allowing the Centralised Processing Centre in Bengaluru to directly correct errors found in income tax records. Earlier, many mismatches and mistakes had ...

Rs 8 Lakh Cash Deposit Sparks 6-Year Tax Battle

Rs 8 Lakh Cash Deposit Sparks 6-Year Tax Battle | ITAT Delhi Rules in Favour of the Taxpayer

A Delhi resident’s simple bank deposit turned into a six-year legal struggle, but the Income Tax Appellate Tribunal (ITAT) Delhi finally ruled in his favour, setting a new benchmark for taxpayer rights and transparency. When a Delhi man named Mr Kumar deposited ₹ 8.68 lakh in his bank account, he ...

CBDT Extends ITR and Audit Due Dates for AY 2025–26

CBDT Extends ITR and Audit Due Dates for AY 2025–26: Big Relief for Taxpayers and Professionals

In a major relief to taxpayers, professionals, and business entities, the Central Board of Direct Taxes (CBDT) has officially extended the deadlines for filing Income Tax Returns (ITRs) and tax audit reports for the Assessment Year 2025–26. According to the notification issued on October 29, 2025, the due date for ...

8वें वेतन आयोग को कैबिनेट की हरी झंडी: 1.19 करोड़ केंद्रीय कर्मचारियों के लिए तय हुआ ‘सैलरी रोडमैप’

नरेंद्र मोदी कैबिनेट ने 8वें वेतन आयोग (8th Pay Commission News in Hindi) के नियम और शर्तों को औपचारिक रूप से मंजूरी देकर देश के लाखों केंद्रीय कर्मचारियों और पेंशनभोगियों को एक बड़ा तोहफा दिया है। इस निर्णायक कदम से केंद्र सरकार के लगभग 50 लाख कर्मचारियों और 69 लाख ...

Huntington to Buy Cadence Bank in $7.4 Billion All-Stock Deal

Huntington to Buy Cadence Bank in $7.4 Billion All-Stock Deal, Creating Top-10 US Lender

The ground beneath America’s regional banking landscape has been decisively reshaped. Huntington Bancshares’ $7.4 billion all-stock acquisition of Cadence Bank is far more than a simple transaction; it is a declaration of strategic intent. This merger creates a new top-ten financial titan with $276 billion in assets, vaulting Huntington into ...

Delhi Circle Rate 2025 Unveiled: Complete Area-Wise Guide

Delhi Circle Rate 2025 Unveiled: Complete Area-Wise Guide and How It Shapes Property Values

Delhi Circle Rate 2025: In 2025, the Delhi government has reaffirmed the use of circle rates as the baseline for property transactions in the capital. These government-set minimum valuations across categories A to H determine stamp duty, registration and overall property value in various localities. With zone classifications and detailed ...