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World markets face fresh jolt as Trump vows tariffs on Europe over Greenland

Global markets brace for renewed turbulence. President Trump plans tariffs on eight European nations. This action stems from a demand for the U.S. to acquire Greenland. Tariffs will begin in February and increase in June if no agreement is reached.…

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India’s big IT ends recruitment freeze, but only for niche skills

​These companies—Tata Consultancy Services, Infosys, HCLTech, Wipro and Tech Mahindra—posted a net reduction of 2,500 employees in calendar year 2024, when the IT sector was cutting excessive workforce it had built up during the Covid-19 pandemic. They employed more than…

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NRI property sellers lose lakhs to TDS delays; why Budget 2026 must step in to simplify the tax rules

Complex tax regulations for Non-Resident Indian (NRI) property sellers are causing significant fund blockage, with 12.5% to 31.2% of sale proceeds stuck. Budget 2026 should simplify Tax Deducted at Source (TDS) compliance for home buyers to ease this burden and…

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EU scrambles to avert Trump Greenland tariffs, prepares retaliation

Greenland tariffs: Trump vowed on Saturday to implement a wave of increasing tariffs from February 1 on EU members Denmark, Sweden, France, Germany, the Netherlands and Finland, along with Britain and Norway, until the U.S. is allowed to buy Greenland,…

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Gold, silver jump to record highs on Trump tariff threats over Greenland

Gold and silver prices reached record highs as escalating U.S.-Europe trade tensions drove investors to safe-haven assets. President Trump’s threat of new tariffs on European countries over Greenland prompted a broad risk-averse market move, with U.S. stock futures and the…

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Sun Pharma looks to rise in US with $10 billion Organon buy

India’s largest drugmaker, Sun Pharma, is considering a major acquisition. The company is evaluating the purchase of US-based Organon, a specialist in women’s health. This potential deal is valued at around $10 billion. A successful acquisition would be a significant…

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  • Dearness Allowance: Here's all we know about Punjab, West Bengal and Himachal Pradesh govts' discussions on DA hikes

    Dearness Allowance: DA is the component of the basic salary that is periodically adjusted for inflation. Here's all we know about the Punjab, West Bengal and Himachal Pradesh state governments' discussions on respective DA hikes.

  • Will ₹10 crore be enough to retire comfortably? Expert says ‘wrong approach’ | Use this simple formula to understand

    Determining retirement needs requires calculating future monthly expenses, factoring in inflation, and estimating the necessary corpus. For example, a current expense of ₹70,000 may grow to ₹3 lakh in 30 years, necessitating a corpus of about ₹5.2 crore for adequate retirement funding.

  • How are dark patterns causing ₹25,000 crore loss to consumers annually?

    The CCPA issued guidelines in 2023 to prevent and regulate dark patterns. The authority has listed 13 specific dark patterns. It has issued an advisory to strengthen compliance with guidelines and even penalised some platforms. However, the compliance still needs to improve.

  • Bank holiday today: Are banks closed on Saturday, 20 June for the weekend? Check RBI calendar here

    Bank holiday today: Are banks closed today for the weekend holiday on Saturday, 20 June? Check the RBI calendar here… 

  • PhonePe to charge ₹100 quarterly fee on wallets inactive for a year: Here's how users can avoid it

    PhonePe has introduced a ₹100 quarterly inactivity fee for wallets not used in 365 days. Users must complete a transaction to avoid charges. Details here.

  • PM Kisan 23rd instalment 2026: Payment date announced for ₹2,000; eligibility, eKYC details

    Under the flagship income-support programme, eligible farmers receive ₹2,000 every four months, amounting to ₹6,000 annually in three equal instalments.

  • ITR-3 excel utility for AY 2026-27 goes live: Who can file and key details for taxpayers

    The I-T department has released the Excel Utility for ITR-3 for Assessment Year 2026-27 on the e-filing portal. Here's who must file this form what changed this assessment year.

  • I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…

    An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.

  • Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

    The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.

  • EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

    Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 

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