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Rural consumption to drive India’s GDP growth this fiscal year, economists say

INDIA-ECONOMY/ (PIX)Rural consumption to drive India’s GDP growth this fiscal year, economists say

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Centre seeks bigger, more frequent dividends from state-run companies

Prime Minister Narendra Modi’s government announced tax cuts for the middle class in his latest budget and will now depend on higher dividend payouts to meet its 4.4% deficit target. It has already gotten help from a record Rs 2.69…

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ADB commits $10 billion to boost India’s urban development and metro expansion

This initiative aims to attract private investment through the Urban Challenge Fund, targeting 100 cities for redevelopment and improved water and sanitation.

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AI likely to impact entry level jobs, unemployment could rise sharply: Jefferies

The impact of Artificial Intelligence (AI) on the job market is expected to fall on entry-level white-collar workers, says a report by Jefferies.

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Proprietary Trading Terminals: SEBI’s Crackdown on a Market Threat

Beyond the upcoming specific guidelines for terminal mapping, SEBI already has regulations in place requiring brokers to disclose their proprietary trading activities to clients and restricting the use of ‘pro-account’ terminals primarily to one specified location of the broking firm.

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LinkedIn lays off hundreds as tech giants continue to cut jobs

LinkedIn, owned by Microsoft, is reducing its workforce, cutting 281 positions in California, primarily affecting software engineers. This follows Microsoft’s broader layoffs and previous cuts at LinkedIn earlier in the year. Other tech giants like Google, Meta, and Apple have…

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News

  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

  • ITR-2 filing for AY 2026-27: Step-by-step guide to file income tax returns correctly before 31 July deadline

    ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.

  • Top 5 dividend yield funds based on 5-year returns: ICICI Prudential Dividend Yield Fund leads with 19.95% returns

    Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 

  • EPFO's 2026 overhaul: key takeaways from the latest EPF, EPS, EDLI schemes

    The new EPF Scheme, 2026 does not make higher PF contributions optional. Here's what remains unchanged, what has changed, and what it means for employees and employers.

  • Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand

    A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.

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