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India, US 'very close' to trade deal, need to get over last hurdle, Deputy Secretary of State Christopher Landau says

US Deputy Secretary of State Christopher Landau stated that the US and India are “very, very close” to signing a trade deal, needing to overcome a “last hurdle.” Negotiations have been ongoing for months, with both sides aiming to finalize…

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Rare earths, PCBs among 40 sub-sectors on FDI fast track

As per the updated standard operating procedure (SOP) for processing FDI applications, the government has also rolled out reporting guidelines for investments in India from a company having any direct or indirect ownership by a citizen or an entity of…

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Cabinet approves two more semiconductor manufacturing units in Gujarat with cumulative investment of over Rs 3,900 crore

The Union Cabinet on Tuesday approved two new semiconductor manufacturing units under India Semiconductor Mission (ISM), marking the last two projects of ISM 1.0 with a cumulative investment of over Rs 3,900 crore.

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'AI push to bring Rs 4,100-cr revenue': Mahindra Group's Anish Shah

Mahindra Group is integrating artificial intelligence across its operations. This move aims to boost profits significantly. In the automotive sector, AI will drive over ₹4,100 crore in revenue by FY27. Customer satisfaction will also see a 2-3 percentage point increase.…

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Ola's full stack AI plans shrink on A-level exits, funding woes

Krutrim, Ola founder Bhavish Aggarwal’s ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and semiconductor leaders, along with over 60 linguistics staff, have departed as funding dried up, leading to the discontinuation of its…

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Oil Price Today (May 6): Crude oil falls below $110, down 6% in just two sessions. What’s behind the dip?

Oil prices dipped for a second day as U.S. President Trump hinted at a potential peace agreement with Iran, leading to hopes of restored Middle East supply routes. Trump announced a temporary pause on escorting ships through the Strait of…

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Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments
Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.
PPF extension vs phased withdrawals: What should investors choose after account maturity?
After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.
8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision
8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 
Did your elderly parent become victim of cyber fraud? From saving proof to filing FIR, here’s what you should do next
To file an FIR for a cybercrime involving elderly parents or family members, swift evidence collection, online fraud reporting and bank notification are crucial. Quick action will help minimise financial losses and protect the victim's rights. 
8th central pay commission: Why are staff representatives demanding expansion of family units from 3 to 5, explained
The NC-JCM, led by Shiv Gopal Mishra, submitted a 51-page memorandum to the 8th CPC, proposing salary hike, increased minimum pay and expansion of family units for salary calculations from 3 to 5 to reflect current realities.
Pension amount for elderly, widows under NSAP unchanged since 2012; inflation makes it worse
When adjusted to the current Consumer Price Index (CPI), a pension of ₹200 should cost ₹353 to retain its original purchasing power.
Bank FD vs SCSS: Which investment gives better returns over 5 years?
SCSS vs FD comparison highlights higher assured returns from government-backed schemes than bank fixed deposits over five years, with SCSS offering superior maturity value alongside FD flexibility for investors. 
What happens if you don’t extend SCSS tenure? Rules, interest and withdrawal explained
The Senior Citizens' Savings Scheme (SCSS) offers investment options for individuals aged 60 and above, with quarterly interest payments. It has a five-year maturity period and allows extensions. Here's what happens if you extend the tenure.
Dearness Allowance: Indian Railways hikes DA for employees by 2% effective from 1 January — Here's all you need to know
Dearness Allowance: After the Finance Ministry and IBA, the Indian Railways has also hiked the DA component of employees' salaries by 2%, from 58% to 60%, with effect from 1 January 2026. Here's all you need to know.
How can NRIs simplify investing between India and their country of residence?
From NRE vs NRO confusion to tax treaties and GIFT City access, here’s a practical roadmap for NRIs to simplify cross-border investing and build one coherent global financial strategy.