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- Rs 30 lakh salary, missed ITR after job switch; why ITAT cancelled Rs 3.74 lakh tax penalty September 2, 2026What appeared to be a filing lapse eventually turned into a tax penalty of Rs 3.74 lakh. The Income Tax Department took a strict view of the matter, maintaining that had the non-filing not been detected, Aggarwal might not have filed his ITR at all. This, in turn, would have meant that his salary and interest income remained unreported.
- India draws record $127 billion through forex deposits: RBI September 2, 2026
- Indians cash in idle gold: Rs 20 lakh for a home, Rs 80 lakh for US degree & business September 2, 2026What is changing is what a younger generation wants it to do with idle gold. For some, the jewellery in the locker is no longer something to preserve indefinitely. It can become a house, an education, a business or an investment.
- Yolo meets SIP: How Gen Z is rewriting money rules & mistakes they should avoid September 2, 2026Gen Z is one of the more financially aware generations, focusing on financial independence and investing rather than just saving. YOLO? Sure. But Gen Z is also thinking, “How do I make my money work for me?”
- Uber lays off 3,300 employees as it restructures for faster growth September 2, 2026Uber is cutting approximately ten percent of its global workforce, impacting about thirty-three hundred employees. This major restructuring aims to reduce management layers and simplify company operations. Resources will be reallocated towards core ride-hailing, delivery, and robotaxi businesses. The company is also tightening remote-work policies, requiring […]
- Reducing India’s exposure to U.S. tariff risks September 2, 2026The Lindsey O. Graham Act puts India under pressure, but export diversification and domestic reforms can cushion shocks
- Many layers: On onion produce, issues September 2, 2026Farmers need more storage facilities and better distribution networks
- Mahajan Imaging & Labs has entered a joint venture partnership with Neuberg Diagnostics September 2, 2026The joint venture is structured to create a single, integrated diagnostic pathway for patients and clinicians.
- Sugar mills reassure adequate availability during festival season September 2, 2026For most of the 2025–26 sugar season, mills have realised prices well below the normal cost of production of ₹42 per kg; the prices were ₹39.5–₹40.0 per kg in June and roughly ₹41- 41.5 per kg through August 2026
- VinFast said to put brakes on making some cars in India, sources and memo say September 2, 2026The suspension marks another setback for loss-making VinFast, which turned to India after difficulties in gaining market share in the U.S. and Europe