Are housing societies allowed to impose user charges for facilities like gyms or swimming pools separately from maintenance? Know what the law says. The law says the Apartment Owners Association cannot impose arbitrary, retrospective or discriminatory charges that effectively deny equal access to common amenities.

Finance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing India at a summit, she emphasized the need for coordinated global action and stronger multilateral cooperation to build resilient economies and ensure inclusive growth for all.

Merlin Properties stock falls after Jefferies downgrade

HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates by twenty-five basis points. This increase applies to select US dollar FCNR(B) deposit tenures, effective August 2026. The government will bear hedging costs on three to five-year FCNR(B) deposits until September 2026.

India’s burgeoning talent pool, now the third-largest globally, presents a strategic hiring challenge. With over two million professionals in Global Capability Centres, companies face complex compliance hurdles. Utilizing an Employer of Record (EOR) is crucial for foreign firms, managing payroll, taxes, and legal obligations without a local entity. This approach ensures compliance with India’s intricate,…

India’s trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also key import sources. Singapore has become India’s third-largest export destination. Tanzania and South Africa are seeing increased Indian exports. These shifts highlight new trade routes and partnerships.

Jefferies downgrades Klepierre on valuation concerns

8th Pay Commission salary calculator: How Level 1 employees’ basic pay could double in just 7 years

NITI Aayog member Gobardhan Das has defended the use of multiple-choice questions (MCQs) for university entrance exams, including for institutions like JNU. He argued that MCQs effectively test intelligence and the ability to connect ideas, rather than rote memorization. This stance comes amidst criticism that the format may not adequately assess analytical skills, particularly in…

The India-UK Comprehensive Economic and Trade Agreement has officially come into force. Zero-duty consignments of Indian jewellery and coffee have now landed in the United Kingdom. This landmark pact is expected to significantly boost bilateral trade between the two nations. Businesses anticipate substantial growth and increased market competitiveness following the agreement. The pact aims to…