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‘American jobs come first’: Trump throws cold water over Apple’s Make in India plans

Although Apple was initially the focus of Trump’s comments, the president widened the scope of the tariff warning to include other smartphone makers. “It would be anybody that makes that product, otherwise it wouldn’t be fair,” he said, naming South…

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Groww files IPO papers via confidential filing route; seeks to raise up to USD 1-bn

Groww, India’s fastest-growing retail broking platform, has confidentially filed draft papers with SEBI for an IPO estimated between USD 700 million and USD 1 billion. The IPO includes a fresh issue of equity and an offer for sale, with proceeds…

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India’s cement sector poised for resilient growth: Report

The Indian cement sector is likely to witness a strong growth trajectory, boosted by robust economic factors, substantial infrastructure development and favourable demand-supply dynamics, a recent report by PhillipCapital indicated.

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RBI to Auction Rs19,000 Crore in Treasury Bills on May 28

The Reserve Bank of India (RBI), in a press release on Friday, May 23, 2025, announced the latest auction of Government of India Treasury Bills (T-Bills) to raise Rs19,000 crore.

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US Trade Deal: India must demand reciprocal gains, preserve US market access for local products, says ASSOCHAM Secretary General

Manish Singhal calls for reversal of reciprocal tariffs, enhanced US investment, and freer movement of professionals.

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Bumper RBI dividend to give extra 0.15 pc fiscal boost to GDP: Report

The incremental gain from the higher RBI dividend is expected to partly offset potential shortfalls in tax revenues and nominal GDP growth, a report said on Monday, adding that supported by a robust RBI dividend, system liquidity is likely to…

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News

  • Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments

    Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.

  • PPF extension vs phased withdrawals: What should investors choose after account maturity?

    After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.

  • 8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision

    8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 

  • Did your elderly parent become victim of cyber fraud? From saving proof to filing FIR, here’s what you should do next

    To file an FIR for a cybercrime involving elderly parents or family members, swift evidence collection, online fraud reporting and bank notification are crucial. Quick action will help minimise financial losses and protect the victim's rights. 

  • 8th central pay commission: Why are staff representatives demanding expansion of family units from 3 to 5, explained

    The NC-JCM, led by Shiv Gopal Mishra, submitted a 51-page memorandum to the 8th CPC, proposing salary hike, increased minimum pay and expansion of family units for salary calculations from 3 to 5 to reflect current realities.

  • Pension amount for elderly, widows under NSAP unchanged since 2012; inflation makes it worse

    When adjusted to the current Consumer Price Index (CPI), a pension of ₹200 should cost ₹353 to retain its original purchasing power.

  • Bank FD vs SCSS: Which investment gives better returns over 5 years?

    SCSS vs FD comparison highlights higher assured returns from government-backed schemes than bank fixed deposits over five years, with SCSS offering superior maturity value alongside FD flexibility for investors. 

  • What happens if you don’t extend SCSS tenure? Rules, interest and withdrawal explained

    The Senior Citizens' Savings Scheme (SCSS) offers investment options for individuals aged 60 and above, with quarterly interest payments. It has a five-year maturity period and allows extensions. Here's what happens if you extend the tenure.

  • Dearness Allowance: Indian Railways hikes DA for employees by 2% effective from 1 January — Here's all you need to know

    Dearness Allowance: After the Finance Ministry and IBA, the Indian Railways has also hiked the DA component of employees' salaries by 2%, from 58% to 60%, with effect from 1 January 2026. Here's all you need to know.

  • How can NRIs simplify investing between India and their country of residence?

    From NRE vs NRO confusion to tax treaties and GIFT City access, here’s a practical roadmap for NRIs to simplify cross-border investing and build one coherent global financial strategy.

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