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Centre to help ITIs become AI-driven training centres: FM Sitharaman

The Union government plans to transform Industrial Training Institutes (ITIs) across the country into Artificial Intelligence (AI)-driven training centres, Finance Minister Nirmala Sitharaman said on Thursday.

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Panasonic aims to develop groundbreaking EV battery in about two years

Panasonic plans to develop a higher-capacity battery in two years. This innovation eliminates the anode during manufacturing. It could increase Tesla Model Y’s range by 90 miles. The technology aims for a 25% capacity boost. Panasonic also intends to reduce…

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Asian shares mostly climb after US stocks remained near record levels following the Fed’s rate cut

Asian shares mostly rose, led by tech stocks, following the Federal Reserve’s interest rate cut. Japan’s Nikkei 225 and South Korea’s Kospi saw gains, while Chinese markets were mixed amid trade negotiation optimism. The Federal Reserve’s projections indicate potential further…

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Industry should not hesitate to invest, expand capacities: Sitharaman tells India Inc

Finance Minister Nirmala Sitharaman urged India Inc to increase investments and expand capacities, acknowledging the government’s delivery of industry-friendly policies. Tata Sons Chairman N Chandrasekaran recognized the significant opportunities created by the government, expressing confidence in increased investments from various…

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Pvt capex jump unlikely in FY26; companies to invest USD 800 bn over 5 years: S&P

S&P Global anticipates significant private capital expenditure in India, projecting USD 800-850 billion over five years. Crisil notes private investment growth lags nominal GDP. Corporate firms prefer internal funding over bank loans. Banking sector credit growth is expected to rise.…

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AC makers start pre-booking of units with reduced GST slab ahead of festive season

Air conditioner companies in India are offering pre-booking discounts. This is due to the Goods and Services Tax rate reduction. The new rate will be effective from September 22. Companies like Blue Star and Haier are already taking pre-orders. Customers…

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Gold, silver prices today, 19 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
What is a ‘boss scam’? 5 ways to protect yourself from CEO fraud
A Chennai firm allegedly lost ₹1.90 crore after a WhatsApp message posing as its managing director, leading to a Delhi arrest. Here’s how the ‘boss scam’ works, the warning signs of CEO impersonation fraud, and five steps to verify payment requests and report cyber fraud on helpline 1930.
8th Pay Commission: What is dearness relief and how is it different from DA? Expert explains
As the 8th Pay Commission meets in Mumbai on 22-23 October, here’s how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by May-June 2027.
Got refund for online shopping after cancelling order but your credit card bill still shows due amount? Should you pay?
Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 5–14 days to appear. Here's what to do if your billing date is near but the refund has not been credited yet.
How should you withdraw money after early retirement? Expert explains the 3-bucket strategy for your FIRE corpus
The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced portfolio for medium-term expenses and equity for long-term growth.
₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules
The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.
NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief
An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.
Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains
Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.
FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?
When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.
Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed
Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.