Ashley Paul
Physical, digital gold and silver and gold and silver MFs fall under long-term capital gains (LTCG) if they're held for 24+ months, while for gold and silver ETFs, LTCG is applicable after 12 months. In each type of precious metal sale, LTCG tax is 12.5%. Short-term capital gains tax is calculated based on tax slab in which the individual falls.
Jan 25th, 2026

Vaishnavi Mishra
The Ministry of Corporate Affairs, in the Union Budget 2026-27, may hike the one-time stipend amount provided to interns under the PM Internship Scheme by ₹1,000-₹2,000, Moneycontrol reported. At present, new interns are provided a direct benefit transfer of ₹6,000. Government would allocate over ₹30,000 crore for the employment scheme that will generate 350 million jobs by July 31, 2027.
Jan 24th, 2026

Ashley Paul
ICICI Prudential AMC's Passive Multi-Asset Fund of Funds will be "grandfathered" from January 27, stopping all new investments, as its existing asset allocation doesn't fit into any of SEBI's new framework's categories. The scheme will continue unchanged but will be merged and/or wound up in 2029. Existing SIPs and STPs will be discontinued from February 5 onwards.
Jan 24th, 2026

Ashley Paul
British journalist Zanny Minton Beddoes called JPMorgan's Jamie Dimon an "outspoken...man with many strong opinions" who was "very careful" when talking about Donald Trump. Beddoes asked Dimon if there's a "climate of fear" among American CEOs in opposing Trump. Noting that he opposes Trump's tariffs and immigration policies, Dimon said, "What the hell else do you want me to say?"
Jan 24th, 2026

Ashley Paul
US SEC claimed it requested India's Law Ministry twice for permission to serve summons to billionaire Gautam Adani and his nephew Sagar Adani in a ₹2,400-crore bribery case. The ministry first cited absence of an ink signature and seal on the summons in May 2025. It cited US SEC's own rules to reject the request a second time in December.
Jan 24th, 2026

Vaishnavi Mishra
IndiGo has vacated 717 slots (operating flights at the given time) at various domestic airports, PTI reported. This comes after DGCA reduced the country's largest airline's winter flights by 10% due to massive operational disruptions in early December. With new restrictions, IndiGo, which was earlier allowed to operate 2,144 flights per day, will now see 1,930 domestic flights per day.
Jan 24th, 2026

Vaishnavi Mishra
US President Donald Trump sued JPMorgan Chase and its CEO Jamie Dimon for $5 billion for "debanking". For Trump to prevail, his legal team must prove the bank cancelled the accounts because of his political viewpoints. Trump could argue that his political views were mainstream, as he had just amassed more than 70 million votes in losing the 2020 election.
Jan 24th, 2026

Vaishnavi Mishra
Parliamentary Affairs Minister Kiren Rijiju has called an all-party meeting on January 27 to discuss important national issues and legislative business before the Budget Session, News18 reported. The meeting will be held in Parliament’s main Committee Room and will outline the agenda for the upcoming session. The Union Budget for 2026-27 will be presented on February 1.
Jan 24th, 2026

Ashley Paul
US President Donald Trump threatened Canada with 100% tariffs on its imports into US if Canada signs a deal with China to expand trade and investment. Trump called Canadian PM Mark Carney "Governor", referring to his earlier suggestion of making Canada US' 51st state. "China will eat Canada alive, completely devour it, including the destruction of their...social fabric," Trump said.
Jan 24th, 2026

Vaishnavi Mishra
Infosys is asking for household electricity consumption data from its over three lakh employees who are working from home (WFH). The company said it needs this information to track its greenhouse gas emission footprint and balance it out with clean energy. Hybrid work means Infosys' carbon footprint now stretches into employees' homes, CFO Jayesh Sanghrajka said.
Jan 24th, 2026

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