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Govt eases certain SEZ rules for semiconductors, electronic components manufacturing

The government has relaxed land area regulations for Special Economic Zones (SEZs) dedicated to manufacturing semiconductors or electronic components, reducing the required contiguous land area from 50 to 10 hectares. This move aims to boost domestic production of essential electronic…

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Amazon prepares to test humanoid robots for deliveries: Report

The company is developing the artificial intelligence software that would power such robots, the report said, adding that Amazon plans to use hardware from other firms in its tests, for now.

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57% of global workers live paycheck to paycheck despite record employment, ADP reports

Despite record global employment in 2024, 57% of workers still live paycheck to paycheck, with 23% holding multiple jobs to cover basic expenses, according to ADP’s People at Work 2025 report. In Singapore, 60% of workers face similar financial strain,…

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Adani Group contributes Rs 74,945 crore tax in FY25

Group’s total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore from Rs 58,104 crore in FY 2023-24 through its portfolio of listed entities for the fiscal year 2025, the conglomerate said in a release.

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Most Indian HNIs saving too little despite big aspirations, under-allocate to equity: Survey

The Marcellus–D&B Survey 2025 found that 43% of HNIs save less than 20% of their post-tax income despite most respondents harbouring long-term aspirations such as early retirement, home ownership, and wealth transfer.

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Lower wage growth impacting consumption; tax cuts and rate cuts tools to spur growth: Report

Weakening wage and job growth cycle is impacting consumption sentiment, and tax cuts and rate cuts will help accelerate momentum, according to the ICICI Bank Global Markets report.

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  • SBI employees to go on a 2-day strike on May 25,26: Check their 16 key demands

    State Bank of India employees plan a two-day strike on May 25-26, 2026, to demand better working conditions and job security. The All India State Bank of India Staff Federation cites administrative neglect and anti-employee policies as reasons for the protest.

  • Income-tax returns: Form 121 replaces Form 15G, 15H — Who is eligible, where to download and how to avoid TDS, explained

    The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms — Form 15G and 15H — with a single Form 121, as part of the government's move to streamline and simplify India's tax codes.

  • Tenant rights in India: How much of security deposit can be legally deducted by your landlord?

    Security deposit rules in India, guided by the Model Tenancy Act, 2021, vary by state and dictate how much landlords can collect and under what conditions deductions may occur. Details here.

  • ₹100 crore retirement fund ‘a math scam’, ₹2-3 crore ‘strong number, stop taking advice from influencers’, warns CA

    CA Kaushik believes that ordinary investors should not take advice from influencers who push for ₹100 crore retirement fund, calling it a ‘mathematical impossibility’ and ‘math scam’. He feels that ₹2-3 crore or even up to ₹5 crore are ‘strong, realistic numbers’.

  • I asked ChatGPT to plan my daughter’s Harvard education: AI suggests mutual funds, dollar assets, gives yearly cash flow

    ChatGPT recommends planning for global education beyond Harvard. It outlines significant costs for a master's degree, estimating up to ₹7.22 crore for two years. It suggests diversifying investments and emphasizes the importance of academic preparation and scholarship opportunities.

  • Buy Now Pay Later: Here's how BNPL works, who is eligible and how it impacts your credit score

    Buy Now Pay Later (BNPL) is a short-term financing option allowing customers to buy items and pay in installments. Here's all you need to know about how it works, who is eligible and how it impacts your credit score…

  • Rupee at record low: What it means for your personal finances, foreign travel, imports and markets — explained

    The rupee fell to a record low against the US dollar on 5 May 2026 due to rising US-Iran tensions and soaring crude oil prices. This could impact India's economy as well as household spending. Details here.

  • Income-tax returns: Investment proof, PAN Card — Here's a checklist of required documents for smooth ITR filing process

    Filing income tax returns can be a tough task for salaried individuals and first-time ITR filers alike. To make the process smoother and hassle-free, here's a checklist of essential documents you'll need, including Form 16, your PAN Card, and proofs of investment.

  • 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.

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