For self-occupied homes, the deduction for interest is capped at Rs 2 lakh a year – a figure unchanged since 2015. (AI image) Falling home-loan rates, increase in young population seeking to buy homes and a steady revival in residential sales have encouraged many to take the plunge into home ownership. Tax incentives continue to…
Captain Brandon Fisher, the pilot of Alaska Airlines Flight 1282, has filed a $10 million lawsuit against Boeing. He alleges the company wrongly blamed him and his first officer for the door plug blowout that forced an emergency landing in January 2024. The lawsuit was filed on December 30, 2025, in an Oregon court and…
India-led International Solar Alliance (ISA) will continue working with its 125 member and signatory countries to advance solar energy deployment and climate objectives, official sources said, after the United States withdrew from the initiative, PTI reported.The Gurugram-headquartered ISA, a joint initiative of India and France, was launched on the sidelines of the COP21 climate summit…
The National Stock Exchange (NSE) is in discussions with the Indian Gas Exchange (IGX) to develop and launch Indian natural gas futures, an initiative aimed at strengthening the country’s natural gas market ecosystem, PTI reported.The proposed futures contract is expected to provide market participants with a transparent, efficient and robust risk management tool aligned with…
The rupee weakened by 7 paise to close at 89.94 (provisional) against the US dollar on Thursday, pressured by higher crude oil prices, sustained foreign fund outflows and a firmer greenback, PTI reported.Forex traders said the local unit also faced headwinds from renewed concerns over potential US tariff action and weak sentiment in domestic equities….
Gold prices opened lower on Thursday amid a mix of technical pressures and global macro cues, while silver traded higher. On the Multi Commodity Exchange (MCX), February gold futures slipped Rs 324 to trade at Rs 1,37,685 per 10 grams, reflecting mild profit-booking after recent volatility. The subdued trend in gold followed a choppy week…
Air India has taken delivery of its first Boeing 787-9 Dreamliner since returning to private ownership, signalling steady progress in the Tata Group-led overhaul of the airline’s long-haul fleet, PTI reported citing an official.The aircraft, handed over at Boeing’s Everett facility in Seattle on January 7, is the first “line fit” Dreamliner built specifically for…
As part of a wider overhaul, the government is also looking to revisit and recalibrate the duty structure governing transactions between special economic zones. (AI image) Budget 2026: The Narendra Modi government is looking to revamp the customs duty slabs and tariff structure in the Union Budget 2026. FM Nirmala Sitharaman is expected to present…
The prolonged selloff has eroded investor wealth. (AI image) Stock market crash: Sensex and Nifty are on a declining spree with both benchmark indices crashing in the last few days. Today is the fourth consecutive session of decline for the stock markets as mounting geopolitical risks, the threat of higher Trump tariffs and mixed corporate…
Every festive season, India’s cultural affinity for gold expresses itself in strong demand. (AI image) By Navneet MunotIndia is a country of enormous diversity, with languages, customs and beliefs varying widely across regions. Yet one financial habit cuts across income levels and geography. Most households have grown up buying physical gold or silver every year…
