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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%…
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
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…
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
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
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
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
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
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
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…
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
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
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…