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Gold futures hit record Rs 1.58 lakh/10g; breach USD 4,800 per ounce in global market

Gold prices have reached a record high of Rs 1,58,339 per 10 grams. Silver also hit a new peak. Global uncertainty and trade tensions are driving investors towards safe-haven assets. The weakening Indian Rupee is further increasing local gold prices.…

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ZET obtains NPCI clearance for UPI payments via credit cards

ZET has secured NPCI approval for a TPAP licence, enabling UPI payments using RuPay credit cards. The fintech expects monthly UPI-on-credit-card transactions to scale to about Rs 100 crore.

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Rs 6 lakh crore wiped out! Sensex crashes 1,000 points, Nifty slips below 25,000. 5 factors behind today’s market meltdown

Sensex Crash Today: Indian equities experienced a significant selloff for the third consecutive session, with the BSE Sensex and Nifty 50 tumbling due to global uncertainties and weak domestic earnings. Escalating tensions from U.S. President Trump’s threats, a depreciating rupee,…

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Rapido FY25 revenue jumps 44% to Rs 934 crore, loss narrows 30% to Rs 258 crore

Bengaluru-based Rapido’s net loss for FY25 came in at Rs 258 crore, down 30% from the year ended March 2024. This was mainly on a marked improvement in operating leverage, with its Ebitda losses (or operating losses) coming down to…

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Adani Power plans up to Rs 7,500 crore NCD raise

Adani Power plans to raise Rs 7,500 crore via non-convertible debentures, targeting institutional investors to refinance debt and fund operations. The company operates 18 gigawatts of thermal capacity and aims to expand to 42 gigawatts by 2032.

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Dow tumbles over 850 pts, posts biggest daily drop in 3 months; Greenland tariff threat triggers selloff

Major Wall Street indexes experienced their largest one-day drops in three months, driven by renewed tariff threats from President Trump against Europe. This “risk-off” sentiment boosted gold to record highs and pressured U.S. Treasuries, while Bitcoin also declined. The selloff,…

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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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