Investments

This authorisation allows Worldline to process cross-border online payments for import and export of goods and services. Source

As summer vacation season kicks in, Indian travellers are redefining how they spend on holidays, with a marked shift towards ‘immersive, memorable experiences.’ Source

The US lower house has passed the bill that envisages tax on remittances abroad. This move is likely impact the immigrant communities, including the Indian diaspora. The bill proposes 3.5% tax on remittances that will take effect from 1 January next year. Source

The department noted that additional time is required for system development, integration, and testing of e-filing utilities. Source

The income tax notices are part of a broader strategy to enforce anti-abuse provisions, especially following the implementation of the Multilateral Instrument (MLI) and General Anti-Avoidance Rules (GAAR). Read on: Source

Strong demand for protection products and underpenetration continue to fuel this surge, positioning India as the fastest-growing insurance market globally. Source

In international markets, spot gold hovered flat at $3,297.19 per ounce as of 0413 GMT. US gold futures dipped 0.1% to $3,296 per ounce. Source

A lump sum investment of ₹1 lakh made at launch would have grown to over ₹10.3 lakh during the same period. Source

Senior citizens can apply for the Ayushman Vay Vandana Card online using their Aadhaar card. Source

Since May 1, 2025, Positive Pay has been mandatory for all Cheque Truncation System (CTS) clearing cheques of ₹4 lakh and above, down from the earlier threshold of ₹5 lakh. The bank will further reduce this threshold in two additional phases: Source