Despite a substantial increase in the coverage of health insurance or finance schemes, which only cover inpatient treatment, between 2017-18 and 2025, out-of-pocket expenditure by patients and their families still accounts for almost all of the spending on hospitalisation. This was revealed in the latest household consumption survey on health conducted by the National Statistical…
Chennai: Summer vacations for Indians to exotic destinations have been disrupted as the West Asia conflict and a weakening rupee have pushed overseas tour package costs up by about 20%, offsetting the Centre’s cut in Tax Collected at Source (TCS) on such packages to 2% from 20% and 5%.The conflict has also led to a…
CORPORATE CHAMPIONS: (Left to right) Bharti Airtel MD and CEO Shashwat Sharma, JSW Group chairman & MD Sajjan Jindal, YouTube India country MD Gunjan Soni, HDFC Life MD & CEO Vibha Padalkar, Andhra Pradesh chief minister N Chandrababu Naidu, RateGain Travel Technologies founder & MD Bhanu Chopra, Serum Institute of India chairman & MD Cyrus…
Mumbai: Veteran banker Uday Kotak cautioned that India’s foreign exchange reserves remain strong but leave “very little room for complacency”, as large foreign capital flows expose the economy to risks from global volatility. At the ET Awards, Kotak said India has received around $1.5 trillion in foreign capital through FPI and FDI, which creates vulnerability…
What if children picked up a ringing phone instead of a smartphone after school? This might sound strange, given the 21st centuary, the era of digital and smart devices. However, it is becoming a reality in some homes and schools, as a landline-style device called the Tin Can gains popularity among families trying to cut…
India’s wheat output for the 2025–26 crop year is expected to remain steady despite weather disruptions, the agriculture ministry said on Sunday, even as an industry estimate suggested lower production. The ministry said that the crop is “stable and resilient despite localised damage” caused by unseasonal rainfall and hailstorms. It described the season as “mixed…
Mumbai: Salaried taxpayers claiming House Rent Allowance (HRA) under the Income-Tax (I-T) Act, face tighter disclosure norms from April 1, 2026, with the introduction of a new declaration format: Form 124 which replaces the earlier Form 12BB and requires additional details to curb misuse.Employees are required to submit this form to their employers for the…
US President Donald Trump’s second term has seen a striking trend: most major geopolitical moves, trade signals and domestic policy pushes appear to orbit a single strategic axis—oil.What once sounded like campaign rhetoric in the form of “drill, baby, drill” has now evolved into a structured economic doctrine, where energy dominance is not just a…
MUMBAI: RBL Bank reported a net profit of Rs 230 crore for the quarter ended March 31, 2026, up 234% from Rs 69 crore in the corresponding quarter a year earlier, driven by higher income and lower provisions.Total income rose 7% year-on-year to Rs 2,740 crore, supported by steady growth in both interest and non-interest…
एक्सिस बैंक की ब्याज से कमाई बढ़ी Axis Bank reported a net profit of Rs 7,071 crore for the fourth quarter ended March 31, 2026, marking a marginal year-on-year decline of 0.6% from Rs 7,117 crore, as a jump in standard-asset provisioning as a prudential measure and drop in trading profits offset steady growth in…