Market

The Indian economy continues to grow at a healthy pace, remaining a key driver of global growth due to sound macroeconomic fundamentals and prudent policies, according to the Reserve Bank of India’s latest Financial Stability Report (FSR) released on Monday.In its half-yearly assessment of the financial system, the RBI said, “Despite an uncertain and challenging…

The new fares shall be effective for tickets purchased from July 1, 2025. Indian Railways has on Monday officially notified a minor increase in railway fares, effective July 1, 2025. TOI had earlier reported that fares for passenger trains are likely to be hiked marginally.According to the Ministry of Railways, the adjustment aims to improve…

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are two separate provisions under the Indian tax regime, both intended to facilitate early and efficient tax collection. Though applied during transactions, they differ in usage, liable parties, and the nature of the payments they cover.For both individuals and businesses, understanding how TDS and…

India’s industrial output growth fell to a nine-month low of 1.2% in May 2025, dragged down by weak performance in the manufacturing, mining, and electricity sectors, data released by the National Statistical Office (NSO) on Monday showed.The factory output, measured by the Index of Industrial Production (IIP), had grown 6.3% in May 2024, while the…

As the Goods and Services Tax (GST) marks eight years since its rollout, PwC India has called for key reforms, including a simplified three-rate structure and the phased inclusion of petroleum products under the GST ambit, starting with Aviation Turbine Fuel (ATF).The GST regime, introduced on July 1, 2017, replaced 17 local taxes and 13…

Short-haul destinations in Asia continue to attract Indian travellers despite a decline in long-distance travel since summer due to geopolitical issues. Countries such as Thailand, Malaysia, Vietnam, Indonesia, Bhutan, Sri Lanka, and Nepal maintain their appeal, according to travel firms.“While travellers have considered delaying or postponing plans, Southeast Asia has emerged as a go-to destination…

Whilst conditions appear favourable for small-cap growth, success will depend on careful analysis and selective investment choices. (AI image) India’s equity market appears set for a significant transformation as it enters the latter half of 2025. The first half of 2025 witnessed the Sensex climb approximately 8%, displaying notable strength in large-cap shares that guided…

Remittances constituted over 10% of the total gross current account inflows. Remittances from Indian diaspora hit record high! The overseas Indian community transferred $135.46 billion to India during the previous fiscal year, setting a new record. For over ten years, India has maintained its position as the leading recipient of diaspora remittances globally.The Reserve Bank…

As Canadians gear up for fireworks, backyard barbecues, and community celebrations this Tuesday, July 1, it’s important to know which services and establishments will be open or closed on the Canada Day holiday. Here’s a detailed guide to help you plan your day: Government services Federal and provincial government offices will be closed for the…

Gold price prediction: The holiday-shortened week ahead could see subdued volumes, but volatility may persist depending on economic data and geopolitical updates. (AI image) Gold price prediction today: Gold prices have been trading lower as geopolitical tensions ease and demand for safe haven assets falls. However, the downside has been capped by a weaker US…