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Crisis-hit BluSmart’s 500 staffers await clarity on their salary dues

BluSmart founder Anmol Singh Jaggi had written to employees earlier this month that the March salaries would get cleared by the end of April, but sources said there hasn’t been any update on this.

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Fintechs must build collection muscle to scale lending business: Cred founder Kunal Shah

Kunal Shah stressed that fintech founders are essentially in the business of trust, irrespective of the category. “If you’re building in fintech, you’re building trust. That’s the foundation for anything to work efficiently.”

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India’s top auto makers face market share decline as competition intensifies in FY25

Maruti Suzuki and Hyundai’s shares in the PV segment fell to 12-year lows, while Hero MotoCorp’s share also dropped significantly. Mahindra & Mahindra and Toyota Kirloskar bucked the trend, posting gains amid sluggish market conditions.

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Elon Musk’s no-show and why India should consider betting on BYD for its EV future

After Elon Musk’s abrupt cancellation of his India trip to prioritize a deal in China, India is urged to diversify its EV strategy. The article suggests embracing BYD, a leading Chinese EV manufacturer, to boost India’s EV ambitions and address…

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IMF slashes global growth outlook on impact of US tariffs

The International Monetary Fund has significantly lowered its global growth forecast for this year to 2.8%, attributing the downturn to the impact of US President Trump’s tariff policies. This revision reflects concerns over trade tensions and their potential to disrupt…

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Donald Trump says he has no plans to fire Fed’s Jerome Powell; market jumps

President Donald Trump has confirmed he will not fire Federal Reserve Chair Jerome Powell, despite days of public criticism over interest rates. This easing of tensions lifted investor sentiment, while Trump hinted at potential tariff cuts in a future China…

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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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