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Interest subsidy may return to help MSMEs compete in global market

The government is contemplating reinstating interest subsidies on export credit, particularly for MSMEs, under the proposed Export Promotion Mission. This move aims to enhance their competitiveness amidst global tariff uncertainties, addressing concerns raised after the previous interest equalisation scheme was…

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iPhone’s 28% revenue jump in Q1 helps Apple beat Samsung in India

Apple witnessed a surge in iPhone wholesale revenues in India during the March quarter. The company’s revenues grew significantly, driven by record iPhone sales. Apple surpassed Samsung in wholesale revenue share. The iPhone 16 was the top-selling model. The premium…

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India’s GDP growth revised downward to 6.3% for 2025, country remains one of fastest-growing large economies: UN

The UN projects India’s economic growth at 6.3% for 2025, a downward revision, yet the nation remains a fast-growing large economy due to strong consumption and government spending. Global growth faces headwinds from trade tensions and policy uncertainty, impacting both…

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Celebi India refutes false allegations; reaffirms its commitment to India’s aviation sector

Celebi Aviation India has refuted social media allegations regarding its ownership and operations, emphasizing its majority ownership by international institutional investors. The company denied claims of Turkish President Erdogan’s daughter being a part owner and highlighted its 15-year presence in…

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Manufacturing iPhones in US could raise price to $3,000, say industry experts on Trump’s remark

The industry experts stated that if the USA starts manufacturing iPhones in the US as compared to India, it will cost USD 3,000, which is almost three times the current cost of USD 1,000 per iPhone, highlighted industry leaders while…

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IndusInd reveals Rs 674 crore error in microfinance books, flags ‘other’ asset lapse

IndusInd Bank addressed a whistleblower complaint regarding discrepancies in its financial records. The bank revealed that ₹595 crore in “other assets” were offset against “other liabilities” in January 2025. Additionally, ₹674 crore was incorrectly recorded as interest in the microfinance…

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  • Tax refunds jump 22% so far, claims Scott Bessent – what should filers look for this season?

    The average tax refund has increased by 22% this season, according to Treasury Secretary Scott Bessent. The IRS has not released official data yet, and early figures can be misleading, says expert.

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

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