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RBI may cut rates by 25 bps in August as inflation falls below expectations

While rural demand remains strong, urban consumption continues to show weakness. On the external front, Indian goods exports to the US have picked up, but shipments to other regions remain under pressure. These diverging trends, alongside manageable inflation, strengthen the…

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Adani group to invest ₹96,000 crore in airports biz over next 5 years

The conglomerate’s airport head Jeet Adani, son of patriarch Gautam Adani, says the potential in India is so immense that it has no immediate plans to expand this vertical of business abroad.

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India tops global fast payments with UPI processing 18 billion transactions monthly

The UPI system now serves 491 million individuals and 65 million merchants. It connects 675 banks on a single platform, allowing people to make payments easily without worrying about which bank they use.

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Brookfield, EQT close in on Gland Pharma, but rising stock a pain

The Chinese parent has diversified investments that range from healthcare to football clubs, asset management, banks, estate, hospitality, fashion and industrials. The conglomerate has a presence across the pharma value chain from manufacturing to diagnostics and medical devices. Shanghai Fosun…

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Jio-Allianz, Fairfax-backed Valueattics Re set to shake up India’s Rs 50,000-cr reinsurance market

India’s ₹50,000-crore reinsurance sector is set for disruption with the entry of two new domestic players—Jio-Allianz, a joint venture between Jio Financial and Allianz, and Valueattics Re, backed by Fairfax’s Prem Watsa and Oben Ventures.

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Viceroy alleges Vedanta Semiconductor is a Rs 2,500-cr sham; co says baseless

Viceroy Research intensifies its attack on Vedanta Group, alleging its semiconductor unit is a sham operation designed to avoid NBFC classification and facilitate fund transfers to its parent company during a liquidity crisis. Vedanta vehemently denies these allegations, asserting full…

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News

  • How does a Ulip compare to buying a term plan and investing in MFs separately?

    Unit-linked insurance plans or Ulips bundle life insurance and investment into a single product. Ulips also carry a tax advantage

  • DA hike: Next Dearness Allowance increase to be 3%? Here's what employees expect from 8th Pay Commission

    The Finance Ministry raised the Dearness Allowance by 2% for central government employees and pensioners, increasing it from 58% to 60% of basic pay. Here's why some expect the next hike in July under 8th CPC to be 3%…

  • 8th Pay Commission: Is 6% increment likely? Meetings begin over minimum pay, NPS removal, more promotion opportunities

    The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decide salary hikes for 50 lakh central employees and 65 lakh retirees, potentially raising pay significantly.

  • Withdrawing PF money? Fill these details correctly to avoid TDS deductions

    The declarant, who is a resident, must ensure that their expected final tax liability for the year is NIL and duly fill all the rows in Part A of the Form No.121 and sign it.

  • Five smart investing rules for navigating India’s volatile equity markets in 2026

    To turn market volatility into an instrument for wealth creation, retail investors should consider adopting a structured approach. Here are five fundamental rules that can help navigate the complexities of today’s financial environment.

  • How mutual fund-based portfolio management services work

    Mutual fund-based portfolio management services are becoming popular among high-net-worth individuals. Here is how these services work

  • Tax deadlines in May 2026: Key dates every taxpayer should know

    May 2026 has crucial tax deadlines, including TDS payments and quarterly filings. Taxpayers must comply to avoid penalties. Full list of the deadlines here.

  • The hardest part of investing isn’t picking, it’s holding

    Legitimate capital, patiently held, is the only edge in this business that has worked reliably for a hundred years. It is not glamorous enough to go viral. But it is the only version of the story that ends with you still holding the asset.

  • Missed Subhadra Yojana? Here are alternative welfare schemes available in Odisha

    Odisha has several welfare schemes aimed at empowering women through financial assistance and social support, including Lakhpati Didi Yojana and MAMATA. Details here.

  • Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 3 May in Delhi, Mumbai, Kolkata, others

    On May 3, gold prices in India remained stable, silver prices also showed limited movement. Check retail rates of 24K, 22K gold, 999 silver in your city.

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