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iPhone production reaches $10 bn in India in April-Oct, creates 1.75 lakh direct jobs in 4 years

Riding on the government’s production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on…

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RBI’s inflation ‘horse’ is at war but FinMin is not worried

In its monthly economic review, the Finance Ministry highlighted that geopolitical factors will continue to affect domestic inflation and supply chains, despite an expected moderation in the prices of key food items. The economic review said trends in early November…

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Generative AI funding in India soars 6x in Q2 FY25: report

Total funding grew 3.4 times year-on-year, boosted by investments in enterprise applications and agentic AI. The number of funding rounds grew three times, with early-stage investments accounting for 77% of all rounds, including angel and seed funding.

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46 % of India’s workforce in agriculture contributes only 18 % to GDP: Report

Jobs in manufacturing and services are 3-6 times more productive than agricultural work, underscoring the sector’s potential to transition the workforce into higher productivity roles.

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S&P Global retains India 2024-25 GDP forecast, lowers for next two years

S&P Global Ratings on Monday retained India’s GDP forecast for the current financial year 2024-25 at 6.8 per cent while cutting economic growth forecasts for the next two years.

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Mediclaim Vs Health insurance: What is the Difference

Mediclaim vs Health Insurance: What is the Difference? When securing financial stability in times of medical emergencies, health-related financial products are essential. Among the most common options available are Mediclaim and health insurance policies. While both provide financial protection for…

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  • Small Savings Scheme interest rates for July-Sept 2026 to be announced today; investors eye PPF, SCSS and SSY updates

    Small Savings Scheme Interest Rates July-September 2026 are expected today, with investors awaiting updates on PPF, SCSS, SSY, NSC and other government-backed schemes.

  • 8th Pay Commission: How family unit formula could boost salaries, expert explains

    8th Pay Commission: A higher family unit may increase the minimum basic pay, influence the fitment factor and boost salaries and allowances for central government employees across all pay levels.

  • Delhi EV policy to give purchase incentives: Two-wheeler buyers can get up to ₹30,000, ₹1 lakh for electric trucks

    Delhi EV policy: Here's a look at the proposed electric vehicle subsidy and purchase incentives for buyers of e-autos, electric trucks, two-wheelers and three-wheelers offered by the state government. 

  • Big relief for EV buyers! Delhi now offers tax waiver on electric cars up to ₹30 lakh

    The Delhi government has approved a new EV policy offering  incentives for electric vehicle buyers, including road tax exemptions and subsidies for two-wheelers. Here's which vehicles will benefit from the policy.

  • I-T dept flags up to 20,000 ITRs for ‘swapped provisions’ used to lower net tax liability — What happens next?

    The income tax department has identified 15,000-20,000 cases of taxpayers using swapped provisions to reduce taxable income. This involves replacing exemptions to lower tax liability without valid reasons and documents. Details here.

  • No restriction on buying petrol and diesel from July 1? Here's what changes

    The Indian government will lift restrictions on petrol and diesel sales starting July 1, following an improvement in fuel supplies. The move indicates stability in fuel distribution and supply in India, as per the Centre. 

  • EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered

    EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.

  • Can you gift overseas property tax-free? What returning NRIs and OCIs should know

    Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.

  • Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report

    Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…

  • From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances

    Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.

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