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Hitachi India to hire over 5,000 in infrastructure, energy and tech bets

​The investments will span energy, artificial intelligence and resources, and will be integrated into the company’s global centres ‌of excellence, Bharat ‌Kaushal, executive chairman of Hitachi India, said on the sidelines of the World Economic Forum in ‌Davos.

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Will unsecured lending make a comeback as margins stay under pressure?

System-level trends indicate that while cumulative rate cuts of 125 bps since February 2025 have eased funding costs, any significant NIM expansion may be delayed until late FY26 or early FY27. In the near term, banks are relying on portfolio…

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Citigroup to lay off more employees in March

​They come as Citi CEO Jane Fraser continues a sweeping turnaround ‌plan designed to cut costs, fix regulatory problems and boost profits to help the bank catch up with rivals.

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Bombay HC stays GST demands on co-Insurance premiums

The Bombay High Court has granted interim relief to several insurance companies by staying GST demands on co-insurance premiums and ceding commissions, holding that the levy appears to be contrary to CBIC circulars. The stay applies until the next hearing.

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Demand for agentic AI skills surges; supply falls short by over 50%: Report

Agentic AI is an advanced form of artificial intelligence focused on autonomous decision-making and action. Based on an analysis of more than 28,000 job postings, the report shows that Agentic AI roles are now firmly embedded within enterprise hiring, supported…

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India seeks to boost manufacturing, hit $1.3 trln in exports through deregulation, sources say

INDIA-ECONOMY-India seeks to boost manufacturing, hit $1.3 trln in exports through deregulation, sources say

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News

  • EPF nomination: How to check, add and validate your nominee online | A step-by-step guide

    All EPF members must register a nominee under the EPF Scheme, 1952, to ensure smooth settlement of benefits upon the member's death. Members can check nominee status and complete e-nomination online, ensuring to e-sign the document for it to be valid.

  • 8th Pay Commission calculator: Check how much your basic pay could rise under fitment factors of 1.92 to 3.83

    If the Central Government Employees' Association's demands are accepted, the minimum basic salary under the 8th Pay Commission could rise to nearly ₹69,000, significantly influenced by the fitment factor, which converts pre-revised salaries to new structures.

  • Cryptocurrency F&O: How are gains taxed in India? Know rules and ways to report in ITR

    Cryptocurrency futures and options involve trading derivative contracts based on digital assets, enabling price speculation without ownership. Here's how the gains are taxed.

  • Indian rupee in free fall: What the govt is doing to lure foreign capital and lift currency

    India's rupee is under pressure, hitting record lows against the US dollar due to economic uncertainty and high import bills. The government and the RBI have implemented several measures to stabilise the currency and attract foreign inflows. 

  • RBI announces redemption price for SGB 2021-22 Series III, investors set for over 220% gains; check details

    The RBI has fixed the premature redemption price at ₹15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.

  • Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know

    NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.

  • Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor

    Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.

  • CAGR vs XIRR: Which is better for analysing mutual fund returns?

    The Compound Annual Growth Rate (CAGR) is the average annual rate of return of a lump-sum investment over a specific period. The Extended Internal Rate of Return (XIRR) is a return calculation method used for investments with multiple cash flows occurring on different dates.

  • A guide to government securities for retail investors: Meaning, ways to invest, benefits and risks

    Government securities (G-Secs) are debt instruments issued by the RBI on behalf of the central and state governments to raise funds from investors. These securities can be purchased in the primary market during government auctions or in the secondary market. 

  • HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why

    Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.

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