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Trump threatens 25% import tax on Apple unless iPhones are made in the US

President Trump has threatened to impose a 25% tariff on Apple products if iPhones are not manufactured in the United States. This threat, delivered via social media, could significantly raise iPhone prices and negatively impact Apple’s sales and profits.

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Reliance to invest Rs 75,000 crore in North East over next 5 years: Mukesh Ambani

Chairman and MD Reliance Industries while speaking at the ‘Rising Northeast Investors Summit 2025’.

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Rupee soars with Asian peers to post best day in over 2 years

The Indian rupee experienced a significant surge on Friday, marking its best single-day gain in over two years, climbing 0.9% to 85.2125 against the dollar. This rally was fueled by concerns surrounding U.S. fiscal health and trade tariffs, which weakened…

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Big jump in coconut oil prices hits Indian households

Coconut oil prices in India have surged, with Marico and Dabur raising prices by nearly 40% due to a 40-50% spike in copra costs. Marico, holding over 50% of the market, anticipates stable commodity prices ahead. Globally, coconut oil prices…

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RBI’s dollar buys near 4-year high! Reserve Bank of India’s net forex purchases hit $14.4 billion in March

The Reserve Bank of India’s net forex acquisitions surged to a near five-year high in March, driven by dollar-rupee swaps aimed at boosting banking system liquidity. The RBI purchased $41.5 billion and sold $27.2 billion as the rupee appreciated.

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Five forces which are reshaping the future of accounting and reporting

In this insightful piece, veteran Chartered Accountant Abhishek Rara explores five key trends—ranging from AI-driven transformation to ESG integration—that are reshaping global accounting and reporting into powerful tools for business resilience, trust, and strategic growth.

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  • 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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