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Interest subsidy may return to help MSMEs compete in global market

This move aims to enhance their competitiveness amidst global tariff uncertainties, addressing concerns raised after the previous interest equalisation scheme was discontinued in December 2024.

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Interest subsidy may return to help MSMEs compete in global market

The government is contemplating reinstating interest subsidies on export credit, particularly for MSMEs, under the proposed Export Promotion Mission. This move aims to enhance their competitiveness amidst global tariff uncertainties, addressing concerns raised after the previous interest equalisation scheme was…

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iPhone’s 28% revenue jump in Q1 helps Apple beat Samsung in India

Apple witnessed a surge in iPhone wholesale revenues in India during the March quarter. The company’s revenues grew significantly, driven by record iPhone sales. Apple surpassed Samsung in wholesale revenue share. The iPhone 16 was the top-selling model. The premium…

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India’s GDP growth revised downward to 6.3% for 2025, country remains one of fastest-growing large economies: UN

The UN projects India’s economic growth at 6.3% for 2025, a downward revision, yet the nation remains a fast-growing large economy due to strong consumption and government spending. Global growth faces headwinds from trade tensions and policy uncertainty, impacting both…

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Celebi India refutes false allegations; reaffirms its commitment to India’s aviation sector

Celebi Aviation India has refuted social media allegations regarding its ownership and operations, emphasizing its majority ownership by international institutional investors. The company denied claims of Turkish President Erdogan’s daughter being a part owner and highlighted its 15-year presence in…

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Manufacturing iPhones in US could raise price to $3,000, say industry experts on Trump’s remark

The industry experts stated that if the USA starts manufacturing iPhones in the US as compared to India, it will cost USD 3,000, which is almost three times the current cost of USD 1,000 per iPhone, highlighted industry leaders while…

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News

  • EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained

    EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.

  • ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers

    The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.

  • 8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries

    The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.

  • When should young investors pivot from aggressive bets to capital preservation for retirement?

    During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.

  • HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

    HDFC Bank has revised its SmartBuy rewards program, introducing a cap on reward points for brand voucher purchases on major premium credit cards. Here's what changes for customers.

  • Buying the dip vs SIP: Which strategy delivers better returns? Here's what math says

    Market swings often lead investors to seek ideal buying moments. However, historical data shows systematic investment plans outperform market timing strategies, as cash on the sidelines incurs opportunity costs. 

  • EPF Scheme 2026 notified under Social Security Code: New withdrawal rules and other changes you should know

    The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.

  • SK Hynix heads to Nasdaq: Should Indian investors choose it over Micron? Which is the better long-term bet?

    SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.

  • Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold

    Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.

  • Selling property or stocks? These 5 smart hacks can help you save capital gains tax

    Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.

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