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US Treasury chief says 15% global tariff likely implemented this week

US Treasury Secretary Scott Bessent said Wednesday that Donald Trump’s 15-percent global tariff is likely to be rolled out this week, as the president moves to rebuild his trade agenda after a major legal setback. Since then, the US leader…

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Airline ticket prices soar on Asia-Europe routes after Gulf airport closures

Australia’s Flight Centre Travel Group has experienced a 75% increase in calls to its stores and emergency assistance lines since the crisis began, with teams having to work around the clock to help customers. Global Managing Director Andrew Stark said…

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Trump’s Iran war powers survive Senate challenge in 53-47 vote

Senate Republicans blocked a bipartisan resolution to curb President Trump’s war powers against Iran, voting 53-47 against advancing the measure. Supporters argued it was a bid to reclaim Congress’s constitutional authority to declare war, while opponents deemed Trump’s actions legal…

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Oil price up more than 1% in early Asian trade

Oil prices were up more than one percent in early Asian trade on Thursday off the back of persistent worries about supplies because of the Middle East conflict. But following days of market declines, Asian stocks rose in early trade…

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India-UK trade deal faces challenges amid West Asia conflict

India’s new trade deal with the UK faces a potential hurdle. The ongoing West Asia crisis is impacting sea routes. Vessels are rerouting away from key passages. This could affect India’s exports in the initial phase of the agreement. Gem…

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Iran says will hit all Mideast economic hubs if US-Israeli attacks persist

An Islamic Revolutionary Guard general warned Tuesday that continued US-Israeli attacks would see Iran conduct reprisals against “all economic centres” in the Middle East. “We are saying to the enemy that if it decides to hit our main centres, we…

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  • Bank Holidays next week — 8 to 14 June: When will SBI, HDFC, ICICI and other banks be closed? RBI calendar here

    Bank Holidays next week: Banks will remain closed on various dates in June, including weekends, regional and religious holidays. Check RBI calendar to know more about bank holidays in the coming week.

  • Rupee hits 96 against USD: How can falling currency impact your investments and how to protect them?

    A falling rupee leads to higher inflation and, in turn, higher interest rates, which adversely impact corporate profitability and share prices. It can lead to higher yields on G-secs, lower bond prices and a fall in bond fund NAVs. However, international mutual funds benefit from INR depreciation.

  • How Millennials and Gen Z can improve credit health and build a strong credit score for future financial success

    A strong credit score can unlock better financial opportunities. Discover practical credit health tips for Millennials and Gen Z to build financial resilience and improve borrowing prospects.

  • Old vs new tax regime: Which saves more tax if you earn ₹20 lakh, ₹25 lakh or ₹30 lakh?

    The new tax regime offers lower rates but fewer deductions, leading many salaried taxpayers to reconsider the old regime. 

  • Relief or red flag? What borrowers should know about loan settlements

    As loan defaults rise, debt resolution firms are helping borrowers negotiate settlements and escape recovery pressure—but the relief comes with lasting consequences.

  • Studying abroad on a loan? Here's the true cost—and the mistakes that can make it even higher

    Overseas education now costs Indian families up to ₹1 crore, exacerbated by a weaker rupee and rising visa restrictions. Despite financial challenges, 90% of parents aspire to send their children abroad. Education loans can bridge funding gaps, but borrowers must choose wisely .

  • EPF e-nomination can be considered invalid if you miss this key step — Here's what to do

    EPFO mandates e-nomination for EPF members to ensure smooth transfer of benefits to nominees upon a member's death and avoiding legal disputes. Members must complete e-signing via the EPFO portal to validate nominations. Here's how to do it.

  • PFRDA launches StAR NPS: How the new digital onboarding process works and charges applicable

    NPS will be easier to join with the launch of StAR NPS, a digital onboarding platform designed to streamline enrolment and contributions while minimising paperwork. Details here.

  • Provident Fund guide: What are EPF, VPF and how to check your PF passbook

    The Provident Fund (PF) is a crucial long-term savings option for salaried employees. Here's how EPF and VPF work and how you can keep a track of your contributions and account balance via PF passbook. 

  • Sold a residential property? Here's how you can save tax on capital gains

    Long-term capital gains from property sales are eligible for tax exemptions if reinvested in another residential property within specified time frames. Here's how to park your capital gains in the meantime and claim exemption.

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