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Category: Economy

Follow India’s market trends, GDP growth, inflation figures, tax updates and economic policy news on BusinessWire India.

  • Economy

Credit card balance transfers affect your credit score, experts say; here’s what borrowers should know

16 hours ago01 mins

Credit card balance transfers can lower interest costs but may temporarily affect your credit score through hard inquiries and new accounts. Experts explain why repayment discipline, lower credit utilisation and avoiding repeated transfers are essential for maintaining a healthy credit…

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  • Economy

EPFO fast-tracks PF withdrawals, aims to settle claims within 24–48 hours — check details here

16 hours ago01 mins

The EPFO aims to settle fresh PF withdrawal claims within the same day or a maximum of two days, easing access to savings for members. Details here. 

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  • Economy

Resigned without another offer in hand? Here’s how much PF you can access immediately and what stays invested

17 hours ago01 mins

The revised EPF Scheme no longer permits employees to withdraw their entire PF balance after just two months of unemployment. Check the recent withdrawal rules here.

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  • Economy

ITR filing after 31 July: Can you still submit your tax return? Check process, due date and other details

19 hours ago01 mins

The July 31 deadline has passed, but belated filings are possible until December 31, 2026, with late fees and interest applicable. How to file ITR after due date, who gets more time, consequences, and other details here.

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  • Economy

Planning retirement? Check how just ₹100 a day invested for 25 years can potentially grow to over ₹1 crore

19 hours ago01 mins

₹100 invested daily through a mutual fund SIP can potentially grow to over ₹1 crore in 25 years. Check how compounding, disciplined investing and starting early can help build long-term retirement wealth while understanding the risks of market-linked investments.

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  • Economy

India’s consumer giants plan fresh price hikes; here’s when the higher rates could reach store shelves

20 hours ago01 mins

Consumer companies in India are gearing up for another round of price hikes, which could impact people’s household expenses. This rise is attributed to a surge in commodity prices amid prolonged US-Iran conflict in West Asia. Details here.

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  • Economy

Own an EV? Here’s why a regular ICE vehicle insurance policy won’t cut it

21 hours ago01 mins

The real protection for your EV lies in specific covers like ‘EV Shield’, which is offered as an ‘add-on’ to cover batteries. An ‘EV Shield’ is essential as it specifically covers the battery, electric panel, and charging equipment.

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  • Economy

India’s first REIT index fund to launch in August: Should you invest in it?

21 hours ago01 mins

The REIT index fund provides access to commercial real estate at a low cost, with diversification and liquidity, and in a tax-efficient manner.

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  • Economy

From ITR deadline to new Tatkal ticket booking rule: 5 key financial changes in August that you should know

21 hours ago01 mins

August will bring various financial updates for consumers, including changes in banking rules, credit card regulations, and the implementation of CKYC 2.0. Key deadlines include the income tax return filing due by August 31. Full list here.

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  • Economy

Lakshmi Yojana in Delhi: What are the two options for receiving monthly ₹2500 assistance? Eligibility, norms and more

1 day ago01 mins

The Delhi government approved the Lakshmi Yojana, allowing eligible women aged 21-60 to receive ₹2,500 monthly. An online application portal will launch on August 1, with the first payment expected around Raksha Bandhan. 

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