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Japan's MUFG Bank acquires 20 pc stake for Rs 39,618 cr in Shriram Finance

Japan’s MUFG Bank has acquired a 20 percent stake in Shriram Finance Ltd. The deal is valued at Rs 39,618 crore. This marks the largest cross-border investment in India’s financial services sector. The collaboration aims to accelerate Shriram Finance’s growth.…

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US Federal Reserve minutes flag stronger appetite for rate hike next month

Federal Reserve officials considered raising interest rates last month. Inflation remained above their target. The U.S.-Israeli war with Iran added to these concerns. Some officials saw a strong case for rate hikes if inflation persisted. However, many still expected rate…

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TRAI weighs direct satellite-to-mobile communication services

India’s telecom regulator TRAI is exploring direct satellite-to-mobile communication services. This move aims to provide connectivity in rural and remote areas. TRAI is seeking views on using spectrum for these services. The regulator is considering global practices and the outcome…

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Disney plans to cut 1,000 jobs, WSJ reports

Walt Disney is set to cut up to 1,000 jobs in the coming weeks. Many of these layoffs will impact the marketing department. This move is part of a new initiative called Project Imagine. The company aims to streamline its…

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Iran announces alternative routes in Hormuz strait

Iran announced alternative routes on Thursday for ships travelling through the Strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway. “All ships intending to transit the Strait of Hormuz are hereby notified…

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Oil rises as investors remain wary US-Iran ceasefire will open supply flow

Oil prices climbed on Thursday. Investors worry about Middle East supply. A ceasefire between the U.S. and Iran faces doubts. The Strait of Hormuz remains restricted. This vital waterway connects major oil producers to global markets. Shippers need more clarity…

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News

  • NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits

    While both National Savings Certificates and tax-saving FDs share a standard five-year tenure, they differ significantly in compounding frequency, interest rates, and overall structures.

  • FII tax exemption on G-Secs explained: What changed, how foreign investors can invest and key details

    Government exempts FIIs from taxes on interest income and capital gains from Indian government securities, aiming to attract global investors and stabilize the rupee. All you need to know.

  • 'Spent ₹1.66 lakh in May': Bengaluru couple breaks down cost of raising a child, caring for a pet and staying fit

    A Bengaluru-based couple has gone viral after sharing a detailed breakdown of their family's monthly expenses, revealing they spent ₹1.66 lakh in May.

  • Co-owning a home and tax liability: Why shared ownership is a smart move for couples to safeguard financial future

    Indian families often include a spouse's name in property titles for strategic and practical reasons. Opting for shared ownership can safeguard a partner's financial future, streamline estate planning, and significantly reduce the likelihood of bitter inheritance conflicts down the line.

  • How mAadhaar users can switch to the new Aadhaar app: Step-by-step guide

    The existing mAadhaar app is set to be retired soon and replaced with a redesigned Aadhaar application. Here's how to switch to the new Aadhaar app on both iOS and Android devices.

  • ATMs are running out of cash. Should you be worried? Explained

    ATMs could run short of cash as operators face challenges in replenishing machines, despite India having a record ₹42.54 lakh crore in currency circulation.

  • Repo rate unchanged: The next move for FD investors and home loan borrowers

    RBI governor announced the unchanged repo rate of 5.25% with a 'neutral' policy stance, citing inflation risks from geopolitical tensions. Here's what it means for fixed deposit investors and home loan borrowers. 

  • ITR: Want to file income-tax returns as an NRI? Check here for I-T slabs, surcharge rate, rebate marginal relief

    Income-tax returns: NRIs are subject to income-tax in India depending on their residential status. Here's a look at the applicable tax slabs, surcharge rate, rebate, and marginal relief that they can claim while filing ITR.

  • PPF Scheme 2026: Interest rate, tax benefits, maturity, withdrawal rules – Key feature explained

    Backed by the government, PPF Scheme 2026 is widely used for retirement planning and wealth creation.

  • ₹31,000 on fitness? Bengaluru's millennial couple describes monthly expenses of a family of 3

    A millennial couple living in Bengaluru provided a breakdown of monthly expenses of a family of 3. Let's have a look at their lifestyle through their expenditure.

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