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Panasonic pulls plug on washing machines, refrigerators in India

Panasonic Holdings is reducing its consumer electronics operations in India. The company is discontinuing refrigerators and washing machines. Production will cease at the Jhajjar, Haryana factory. Some job losses are expected, with support for affected employees. The company will now…

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PLI schemes attract Rs 1.76 lakh cr investment, create 12 lakh jobs: Govt

India’s PLI schemes show strong results. Investments reach Rs 1.76 lakh crore. Production exceeds Rs 16.5 lakh crore. Over 12 lakh jobs are created by March 2025. Incentives of Rs 21,534 crore are disbursed across sectors. Focus is now on…

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Adani Total Gas, Reliance’s Jio-bp partner to offer each other’s fuels in select outlets

Adani Total Gas Ltd. and Jio-bp have partnered to enhance the auto fuel retail experience in India. Select ATGL outlets will offer Jio-bp’s high-performance fuels, while Jio-bp outlets will integrate ATGL’s CNG dispensing units. This collaboration leverages the strengths of…

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Tata Play FY25 loss widens to Rs 529 cr; revenue slides to Rs 4,082 cr

Tata Play, formerly Tata Sky, faced a wider consolidated loss of Rs 529.43 crore in FY25, amidst stiff competition from other DTH operators. Revenue dipped by 5.15 per cent, even as the company reduced its advertising expenses and net debt.…

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Tata Steel acquires 179 crore shares in Singapore subsidiary T Steel Holdings for Rs 1,562.54 cr

Tata Steel Limited has acquired 179.10 crore equity shares in its Singapore-based wholly owned subsidiary, T Steel Holdings Pte. Ltd (TSHP), for approximately Rs 1,562.54 crore. This acquisition, with shares valued at USD 0.1005 each, is part of Tata Steel’s…

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JAL insolvency: Five firms submit bids to acquire bankrupt firm

Jaiprakash Associates Ltd (JAL) has received five resolution plans, including bids from Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power, and PNC Infratech, as part of its insolvency process. Lenders met to assess these bids after JAL was admitted into…

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Income-tax returns: Investment proof, PAN Card — Here's a checklist of required documents for smooth ITR filing process
Income tax returns: From salaried individuals overwhelmed by the process to first time ITR filers — Here's a checklist of necessary documents, including Form 16, PAN Card, and investment proofs to ensure a smooth proper.
EPF vs PPF: Key differences, rules, tax benefits and returns explained
EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.
Dearness Allowance: What are the types of DA and how often are they revised? We answer top FAQs
Dearness Allowance is of two types, one which is revised quarterly based on CPI, and the other revised semi-annually. Both these aim to mitigate inflation effects for households of central government employees.
Looking for safe returns? These 5 government-backed schemes offer over 7.5% interest
Several government-backed savings schemes in India offer annual interest rates of 7.5% and higher. These options cater to various groups and provide tax benefits, attracting conservative investors.
Loan waiver offer? RBI says it could be a scam; 5 ways borrowers can protect themselves
RBI warns borrowers about rising fake loan waiver scams nationwide, urging verification with banks, avoiding upfront fees, and relying on official sources to prevent financial losses and credit damage.
8th central pay commission: Memorandum submission date extended to 31 May — Six months on here are the top updates
The 8th CPC has extended its deadline for stakeholders to submit their memorandum of suggestions for the panel ahead of its recommendations. Here's a look at the top updates six months into the process…
A digital living will: What it means for your family's financial decision
Maharashtra’s digital living will framework may seem like a small administrative step. But for families that use it, it does something estate planning often cannot
₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension
A 25-year-old investor can accumulate ₹3,64,92,972 in the next 20 years through a disciplined monthly SIP of ₹9,000, potentially providing a monthly pension of ₹2 lakh post-retirement at 45 through a SWP for the next 40 years
Rupee falls to 95.16 vs dollar; Steve Hanke warns of further slide—5 ways it hits your personal finance
Rupee falls to ₹95.16/USD, highlighting currency weakness, as Steve Hanke warns of a continued slide without inflows, which could impact inflation, travel costs, EMIs, investments and savings across the country. 
100% FDI in Insurance: What rule says? What will be its impact?
The Finance Ministry has approved 100% foreign direct investment in the insurance sector under the automatic route, with a 20% cap for LIC. This reform aims to enhance technology and product design, addressing India's insurance penetration gap and improving affordability and distribution.