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Global agencies cut GDP forecast to 6.2-6.7 pc in FY26; India to remain fastest growing economy

International agencies have revised India’s growth forecasts for the current fiscal year downwards, citing global uncertainties and trade tensions. Despite these cuts, projections still place India as the fastest-growing major economy, with growth expected in the range of 6.2-6.7%. The…

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India clocks strong growth in manufacturing & services sectors in April: HSBC report

There was a strong growth in India’s composite flash purchasing managers index (PMI) for April on the back of an acceleration in manufacturing output and services business activity, according to HSBC data released on Wednesday.

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Gensol Engineering promoters’ stake more than halves amid Sebi crackdown

Gensol Engineering’s promoters have seen their stake plummet 57% as pledged shares rise amid regulatory scrutiny. Meanwhile, allegations of fund siphoning and falsified documents have led to credit downgrades and a significant drop in share value. The Jaggi brothers, accused…

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NRI deposits rise over 23% in FY25 till February; FCNR(B) accounts see highest surge

NRI deposits in Indian banks surged by 23.3% to $14.55 billion between April 2024 and February 2025, according to RBI data. FCNR(B) accounts led the increase, reaching $32.49 billion, offering currency fluctuation hedges. NRE deposits also saw significant growth, totaling…

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Foreigners betting on India rate cuts lap up offshore dollar-rupee swaps

US-INDIA-RATES-INTEREST-RATE-Foreigners betting on India rate cuts lap up offshore dollar-rupee swaps

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Dutch firm Vopak gets India regulator nod for joint venture’s public listing

UK-VOPAK-IPO-Dutch firm Vopak gets India regulator nod for joint venture’s public listing

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News

  • 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.

  • How to ensure your retirement corpus does not run out early

    With proper planning, a little bit of caution and effort, you can have a smooth retirement. 

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