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Fuel price hike on the cards as India struggles to absorb soaring crude costs

India is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily losses to shield consumers. However, the ongoing West Asia crisis and disruptions to energy supply routes are making this unsustainable. Tough…

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India orders antitrust probe into liquor giant Pernod's dealing with retailers

PERNOD-INDIA-India orders antitrust probe into liquor giant Pernod’s dealing with retailers

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Trump hopes for extension to agreed three-day Ukraine-Russia ceasefire

UKRAINE-CRISIS-Trump hopes for extension to agreed three-day Ukraine-Russia ceasefire

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India leads in global remittance inflows as overseas workforce and student migration grow

India maintained its position as the world’s largest recipient of remittances in 2024, with inflows reaching $138 billion. This significant economic contribution from its 19 million-strong diaspora highlights a decade-long surge, driven by earnings from professionals in countries like the…

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Indiabulls Real Estate case: Four entities pay Rs 10.5 cr to Sebi as settlement

The entities — Agnes Developers Pvt Ltd, Everlast Projects Pvt Ltd, Lincoln Developers Pvt Ltd and Deneb Developers Pvt Ltd — settled the matter “without admitting or denying the findings of fact and conclusions of law”, according to a settlement…

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Swiggy Q4 Results: Loss narrows to Rs 800 crore, revenue surges 45% YoY

Swiggy Q4 Results: Swiggy significantly narrowed its losses to Rs 800 crore in Q4 FY26, driven by a 45% revenue surge and the food delivery business’s strongest growth in 15 quarters. The quick commerce arm, Instamart, also saw substantial GOV…

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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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