Business

Train travel could soon become even better, with passengers able to savour their favourite delicacies from popular brands, right on board!Indian Railways has begun testing a revamped on-board catering model on selected trains, as the Indian Railway Catering and Tourism Corporation Ltd (IRCTC) looks to upgrade the quality and delivery of meals served to passengers….

NEW DELHI: After a massive nationwide operation, Central Board of Direct Taxes acted against several intermediaries involved in filing income tax returns with bogus claims of deductions and exemptions under the Income Tax Act.The move followed actions in July 2025, covering 150 premises, during which more than 102 suspicious RUPPs were identified for their role…

After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, several major banks have moved to pass on the benefit to borrowers. Latest addition to the wave is the State Bank of India (SBI), which announced cuts across its lending rate benchmarks, in a move aimed at easing…

India is experiencing a rare economic phase with near-zero inflation and robust growth exceeding 8%. While this ‘Goldilocks’ moment benefits borrowers and large corporations, farmers face significant losses due to falling food prices. Savers might see reduced returns as interest rates decline, highlighting a complex economic landscape where benefits are unevenly distributed. India is in…

As the year draws to a close, signs are emerging that the dominance of Big Tech in driving the US equity bull market may be starting to fade, with major Wall Street firms urging investors to broaden their exposure beyond the so-called Magnificent Seven. As per Bloomberg reports, strategists at Bank of America Corp. and…

Railways is implementing focused cost-cutting initiatives across maintenance, procurement and energy sectors to fortify its financial position before dealing with increased wage expenses anticipated from the Eighth Pay Commission recommendations.Established in January 2024, the Eighth Pay Commission must submit its recommendations within an 18-month timeframe.The previous Seventh Pay Commission led to wage increases of 14-26%…

CARACAS: Venezuela’s oil exports have plummeted since the US seized an oil tanker off the country’s coast this week and imposed new sanctions on shipping companies doing business with the embattled Latin American country, Al Jazeera reported.Oil tanker movements into and out of Venezuelan waters have almost come to a standstill, Al Jazeera’s sources stated,…

Image used for representative purposes NEW DELHI: The Income Tax Department has issued a public advisory cautioning taxpayers, especially senior citizens, against fraudulent emails, SMS messages, and websites impersonating the Department to steal personal and financial information.In an official awareness message shared by the Income Tax Department, Government of India, on X, taxpayers have been…