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India’s basmati rice shipments to Iran stuck at ports amid Middle East conflict

Around 100,000 tonnes of basmati rice destined for Iran are stranded at Indian ports due to the Israel-Iran conflict, causing financial strain for exporters. Shipments are held up at Kandla and Mundra ports due to unavailability of vessels and insurance.…

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Magnet crunch: Indian firms pitch supply chain plans to curb China’s rare earth dominance

These companies have made presentations to the government, including the Ministry of Heavy Industries, assuring that they will build supplies within India to reduce dependence on China.

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Centre plans first nationwide Household Income Survey in 2026; MoSPI sets up expert panel

India is set to conduct its first full-scale household income distribution survey in 2026, overseen by a newly formed Technical Expert Group (TEG) chaired by Dr. Surjit S. Bhalla. The TEG will finalize the survey’s design and methodology, addressing data…

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Meesho concludes reverse flip process; likely to file DRHP in 2–3 weeks

SoftBank-backed Meesho has completed its reverse flip, moving its domicile to India and becoming a fully Indian company. The board approved the merger and share allotment, with plans to file for an IPO in the coming weeks.

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Malabar Gold opens 400th store; eyes Rs 78,000 cr revenue this fiscal

Malabar Gold & Diamonds has inaugurated its 400th showroom in Noida, Uttar Pradesh, signaling a major step in its expansion strategy. The company, with a current turnover of Rs 63,000 crore, aims to increase revenue to Rs 78,000 crore by…

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Air India crash risks fueling up to 30% jump in insurance premiums

Air India’s recent crash is set to impact airline insurance costs. Indian insurers anticipate premium hikes of up to 30 percent. This increase covers hull, war-risk, and liability. The Air India accident involved claims near USD 475 million. Global rates…

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News

  • 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.

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