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India tech giants struggle to shake off $115 billion rout

India’s top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectations. This downturn, exacerbated by a weak global economy and AI disruption, has led to a significant drop in the IT sector’s…

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India's state-run SAIL wins court block on steel antitrust investigation

An Indian court has paused a major antitrust investigation into Steel Authority of India. The company challenged the Competition Commission of India for procedural errors. SAIL argued it was cleared in an initial report but a further probe was wrongly…

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Govt forms panel under SBI chief C S Setty to assess Mythos-related risks

Union Finance Minister Nirmala Sitharaman announced a panel led by SBI Chairman C S Setty to assess risks from AI platform Mythos and devise mitigation strategies. Banks will collaborate to understand threats and identify investment needs for countering AI-driven challenges.

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US slaps 123% anti-dumping duty on Indian solar imports

India’s solar industry said the decision to impose steep preliminary anti-dumping duties on cells and modules from India will have limited immediate impact on domestic exporters, but remains a matter of concern.

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India assured DTAA tax benefits will continue after Supreme Court ruling, Mauritius Cabinet Note says

India has assured Mauritius that it will uphold benefits under the Double Taxation Avoidance Agreement. This comes after a Supreme Court ruling raised concerns. India has softened tax regulations regarding the General Anti-Avoidance Rule for older investments. This move aims…

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Credit flows jump 38% in FY26 as RBI easing boosts demand

India’s formal loan systems saw a significant surge in FY26, marking a strong revival in borrowing demand. This growth followed a contraction in the previous year. The Reserve Bank of India’s policy rate cuts and liquidity infusion spurred lending. Credit…

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  • Earning FD interest? Why you should submit Form 121 — TDS provisions explained

    A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) in a financial year. A customer must submit Form 121 to avail a TDS exemption. However, interest must still be declared at the time of filing the ITR.

  • SpaceX surges past $2 trillion in Nasdaq debut: How much your ₹5 lakh investment could be worth by 2030

    SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Investors are optimistic about its potential but face volatility as SpaceX is unprofitable with a price-to-revenue ratio of 112.

  • 29-year-old laid-off MNC employee with ₹5 crore net worth asks: ‘Should I be satisfied…?’

    The Redditor shared that his personal net worth stands between ₹5 crore and ₹6 crore, while his wife's assets are worth approximately ₹2 crore. He added that his wife, who earns ₹40,000 per month, has reassured him that she would stand by him during this period.

  • One EMI, better control: How debt consolidation improves financial discipline and repayment management

    Are you drowning in multiple EMIs? Debt consolidation can simplify repayments, improve cash flow, reduce missed payments, strengthen financial discipline, and help borrowers build healthier long-term debt management habits.

  • 5 powerful money lessons I learned from the world’s first trillionaire, Elon Musk

    Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments create more wealth than chasing quick gains, highlighting the importance of a long-term approach to investing.

  • HDFC AMC data breach: Reset password, watch for SIM-swap - What you should do? What it means for your MF Investments?

    HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must do now.

  • Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?

     Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during these closures for uninterrupted access to financial services.

  • Why let gold sit idle? Here's how gold leasing can help investors earn returns

    Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while retaining ownership. Details here.

  • Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?

    The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pay?

  • Govt flags AI-driven identity fraud risks in banking, fintech sector: What you can do to protect your money

    The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Banks and fintech firms have been asked to strengthen onboarding and fraud-detection frameworks.

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