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American economy will hurt more from Trump’s reciprocal tariffs: PHDCCI President

US President Donald Trump’s reciprocal tariffs will impact the American economy more, leaving them with limited buying options to cater for their needs, Ranjeet Mehta, CEO and Secretary General of industry body PHDCCI, told ANI.

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Travel fintech startup Scapia raises $40 million from Peak XV, existing investors

Travel-focused fintech Scapia, founded by ex-Flipkart executive Anil Goteti, raised $40 million in funding led by Peak XV Partners. The startup, rebounding after a slowdown due to RBI restrictions on co-branded cards, aims to attract young Indian travellers with reward-focused…

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Resilient economy: India’s GDP to see marginal 0.1 pc impact due to US tariffs

The PHD Chamber of Commerce and Industry (PHDCCI) on Thursday said that owing to India’s price competitiveness and supportive government policies, it expects GDP to see only a marginal 0.1 per cent impact amid the recently announced US reciprocal tariffs.

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US reciprocal tariff may erode India’s GDP by up to 50 bps: Experts

Experts suggest that the reciprocal tariffs announced by the Trump administration may reduce India’s GDP growth by up to 50 basis points to 6 percent. Additionally, India’s exports to the US might decline by 2-3 percentage points in the current…

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Mercedes-Benz India expands India footprint as private consumption rises

As private consumption rises in tier 2 and 3 cities amid a resilient economy, luxury carmaker Mercedes-Benz India on Thursday announced to expand its footprint in two future potential growth markets in the country.

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India’s GDP growth projected at 6.7 pc for FY26, cyclical recovery expected

India’s economy is set to grow at 6.7 per cent in FY26, driven by a cyclical recovery and steady market performance, a new report said on Thursday.

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  • EPFO contributions evolve: Is it still lucrative investment as EPF rules, Labour Codes change? Experts explain the math

    With the new EPF rules and Labour Codes redefining contributions by employees and employers towards provident fund, we asked experts to explain how this impacts your monthly investment in the financial instrument. Here's what they said…

  • ITR filing now shapes your financial identity: 6 key benefits beyond tax compliance every taxpayer should know

    Income Tax Return filing has become more than a tax obligation. A timely and accurate ITR strengthens your financial identity, improves loan eligibility, supports visa applications, speeds up refunds and builds long-term financial credibility with lenders, insurers and financial institutions.

  • Chose the new tax regime? Here are 5 ways to reduce your tax while filing ITR for AY 2026-27

    The new tax regime features lower rates with fewer deductions, leading many salaried taxpayers to think they can't reduce tax liabilities. However, there are tax-saving provisions available. Here are five ways to lower your tax outgo.

  • NPS exit rules explained: How the Retirement Income Scheme and drawdown options work

    The PFRDA’s latest initiative aims to provide NPS subscribers with more flexible periodic payouts during the decumulation phase while continuing to support corpus appreciation through the RIS. While the subscriber gets periodic payments, the remaining corpus stays invested and continues to grow.

  • 8th pay commission: Here's how employees, pensioners, govt departments can submit data — Stepwise guide

    8th pay commission: Here's how union representatives, employees, pensioners, government departments and stakeholders can submit data to the 8th pay commission (CPC). Today, we take you through the full step-by-step process.

  • SK Hynix makes history with biggest foreign US IPO, shares soar 13%: Why this is even bigger news for Indian investors

    SK Hynix shares surged 12.8% on Wall Street debut, raising $26.5 billion in the largest U.S. share sale by a foreign company. SK Hynix dominates the high bandwidth memory market and has partnered with Nvidia, capitalizing on the expanding AI sector.

  • Sam Altman wants a $1 trillion OpenAI IPO after SpaceX's success; But will investors still make money?

    After SpaceX's IPO valuation surpassed $2 trillion, investors eye OpenAI as the next major IPO. CEO Sam Altman won't consider going public below $1 trillion, raising questions on whether OpenAI can match SpaceX's investment return despite their differing business models.

  • Term Insurance FAQ: How to calculate how much cover you need? When should you stop? Who can skip it entirely?

    Term insurance serves as a fundamental part of financial planning, providing affordable life coverage. It's essential to determine how long coverage is needed based on financial responsibilities and existing assets before purchasing a policy.

  • Want Alibaba, Tencent, Baidu in your portfolio? 5 China ETFs Indian investors should know about

    Diversifying equity portfolios geographically can be beneficial, especially with China-focused ETFs, which track Chinese companies. While easier for Indian investors through US-listed ETFs, risks such as geopolitical tensions remain.

  • Dearness Allowance: DA hike, OPS, pension revision — Check demands made by Punjab state govt employees, pensioners

    Dearness Allowance: From DA hike to restoration of Old Pension Scheme, pension revision, gratuity, minimum wage and more — Check the demands made by Joint Coordination Committee of Punjab Government Employees and Pensioners.

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