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4 mins read

With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?

Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…

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2 mins read

IT department declares 363 as cost inflation index for current fiscal

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

PTI   


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1 min read

EPFO to ensure UAN activation for employees through Aadhaar-based OTP

The Ministry of Labour and Employment has instructed the EPFO to ensure all employees activate thei…

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3 mins read

Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'

Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

Katherine Tangalakis-Lippert   


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2 mins read

US Justice Department hits Visa with antitrust lawsuit over its debit card business

Visa is in the antitrust crosshairs. The US Department of Justice filed a lawsuit accusing the paym…

Dominick Reuter   


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1 min read

Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services

The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…

PTI   


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2 mins read

Indian economy likely to grow 7% next financial year: Ministry of Finance

The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 that star…

ANI   


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2 mins read

Millions of student-loan borrowers just lost access to a key debt relief program — and it could have big financial consequences

The on-ramp period for millions of student-loan borrowers is over. This means those who miss paymen…

Ayelet Sheffey   


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1 min read

Budget 2024-25: Drinking water and sanitation dept gets a mere 0.5% boost

The Department of Drinking Water and Sanitation has received a budgetary allocation of Rs 77,390.68…

PTI   


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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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2 mins read

Budget: Rs 13,539 cr allocated to social justice department, 37% higher than last year

This increase is primarily focused on enhancing welfare programmes for marginalised communities and…

PTI   


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2 mins read

2.7 million student-loan borrowers' accounts will be switched to a company that the Education Department previously punished for poor customer service

Navient announced it would begin outsourcing servicing of its privately held student loans to MOHEL…

Ayelet Sheffey   


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3 mins read

Justice Department calls for dismissal of the Corizon bankruptcy

Sen. Elizabeth Warren applauded the DOJ's intervention, saying, "Corizon does not belong in a bankr…

Dakin Campbell,Nicole Einbind…