Business

India Raises Windfall Tax on Petrol, Diesel and Aviation-Fuel Exports: Will Domestic Prices Change?

India has increased windfall taxes on petrol, diesel and ATF exports from August 3, 2026. The higher levies do not directly raise domestic pump prices, but global crude prices, currency movements and future fuel pricing decisions could still affect consumers.

Haryana Removes Registration Tax On EVs Up To ₹30 Lakh: How Much Could Electric-Car Buyers Save?

Haryana has approved a 100% Motor Vehicle Tax exemption for new pure electric vehicles priced up to ₹30 lakh, significantly reducing the cost of EV ownership. The new policy, effective for eligible vehicles registered in Haryana, also offers a 50% tax exemption for EVs priced above ₹30 lakh.

Paytm Payments Bank Ordered To Wind Down: What Happens To Customer Deposits, Wallets And Accounts?

Paytm Payments Bank is winding down after a court order. Check what happens to deposits, wallet money, UPI access, merchant payments and customer account claims.

Banks Collect ₹7,086 Crore In Minimum Balance Penalties: Why Are Customers Still Paying For Low Account Balances?

Banks collected ₹7,086.63 crore in FY26 from customers for failing to maintain the required minimum balance, taking the four-year total to over ₹26,170 crore. While most public sector banks have removed savings-account penalties, private banks continue to account for the majority of these charges.

Rohingya Schools In Malaysia Face Closure: How Is Online Hate Affecting Refugee Children?

India is expected to begin rolling out CKYC 2.0 from August 2026, allowing banks and insurers to reuse verified customer records through OTP-based consent. The upgrade aims to reduce repeated KYC document submissions while maintaining regulatory checks for updated or high-risk accounts.