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Rupee hits record low past 94/USD, heads for worst fiscal-year drop since 'taper tantrum'

The Indian Rupee has fallen to a record low against the US Dollar. This decline is driven by concerns over the energy supply crisis stemming from the Middle East war. The currency is on track for its first fiscal year…

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Rs 5 lakh cr wiped off! Sensex slumps over 1,000 points, Nifty near 23K: Rupee at historic low among 6 key factors

Indian stock markets plunged on Friday. The Sensex dropped over 1,000 points and the Nifty neared 23,000. A record-low rupee and ongoing Iran-US conflict fears impacted investor sentiment. Many top companies saw significant losses. The IT sector was an exception,…

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Asian stocks mostly lower after Wall Street's worst day since start of Iran war

Asian markets saw a decline Friday following a significant drop on Wall Street. Doubts about de-escalation in the Iran war are causing market uncertainty. Tokyo, Seoul, and Australia experienced losses. Hong Kong and Shanghai showed slight gains. Oil prices dipped…

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To keep fuel prices stable, govt cuts petrol, diesel excise duty; ATF tax revised

Amid the West Asia crisis and rising crude oil prices, the Finance Ministry has reduced special excise duty on petroleum products to keep petrol and diesel prices stable.

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Fino Payments Bank defers MD Rishi Gupta's reappointment; awaits RBI review

Fino Payments Bank has put managing director Rishi Gupta’s reappointment on hold, pending a regulatory review of his ‘fit and proper’ status by the RBI. The bank’s board withdrew a shareholder vote notice after Gupta’s recent arrest and subsequent bail…

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Family Offices Shifting Mindset for the New-Age Economy

Wealth preservation remains the core objective for most family offices, even as they pursue wealth creation. At the same time, priorities such as succession planning, governance and compliance are moving to the centre. Many family offices are evolving beyond investment…

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  • Crude oil prices above $100 a barrel: How can it impact your monthly budget?

    Higher crude oil prices can impact the monthly budget directly with higher daily commuting costs, costlier vacation flight tickets, higher bills for grocery purchases, and expensive dining out. The indirect impact can come from higher prices of finished goods made using crude oil derivatives.

  • I asked ChatGPT if a lavish destination wedding makes sense at ₹50 LPA: AI breaks down actual costs

    I asked ChatGPT if I should go for a lavish destination wedding at Umaid Bhawan Palace. AI broke down the actual costs of the event.

  • Is ‘your network is your net worth’? 22-year-old says return on investment for ₹40 lakh loan goes beyond money

    Why did a 20-year-old take a ₹40 lakh loan to study abroad? A viral video on social media, explains the reasons why the now 22-year-old made the decision to take on an expensive loan to complete her Masters abroad…

  • Bitcoin crashes below $60K first time in almost 2 years: buy, hold, or exit – What investors should do now?

    Bitcoin has lost more than half its value since reaching a peak above $126,000 in October last year and is now worth less than it was when crypto-friendly Trump retook the White House.

  • Bank holiday today, June 6: Are SBI, HDFC Bank, and other banks closed on Saturday?

    The Reserve Bank of India (RBI) has listed a total of eleven holidays this month due to national, regional, and religious holidays.

  • Contra funds explained: How they work, key risks, benefits and top 3 options for investors

    A contra fund is a type of equity mutual fund that follows a contrarian investment strategy and is required to invest at least 65% of its assets in stocks. Let's explore in detail what contra funds are, their benefits and risks, the key factors to consider, and the top 3 contra funds.

  • Home loans: Types, eligibility, tax benefits and application process explained

    Before applying for a home loan, borrowers should understand the various loan options available, eligibility requirements, interest rates, tax benefits and the documentation required.

  • Despite earning ₹2.2 lakh monthly, Mumbai couple struggles to save. Reddit explains why

    A Mumbai-based man has sparked a lively debate online after revealing that he and his partner, who collectively earn ₹2.2 lakh a month, are struggling to save money. 

  • ITR filing 2026: Received dividend income or bonus shares? Here’s how they are taxed and reported

    Investors receiving dividend income or bonus shares must consider tax implications while filing ITR. Dividends are now taxable in the hands of investors, subject to slab rates and TDS if over ₹10,000. Bonus shares are tax-free upon receipt but result in taxable capital gains upon sale. Details here.

  • 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.

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