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Roto pumps CFO seeks reinstatement of interest subvention scheme as MSME exporters face rising finance costs

Amid rising finance costs, Roto Pumps CFO Pradeep Jain has called for the urgent reinstatement of the 3% interest subvention scheme, warning that its withdrawal from January 2025 could erode MSME exporters’ global competitiveness. Can Indian MSMEs survive without critical…

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Low labour productivity and gaps in high-tech infrastructure holding back India’s export potential: Report

India is diversifying exports with FTAs. The Purchasing Managers’ Index leads in Asia. Positive sentiment is seen across manufacturing parameters.

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Emerging economies lead the way in AI trust, survey shows

The survey found a clear split between emerging economies, where three in five people trust AI, and advanced countries, where only two in five do. As AI gains broader use, businesses and governments have been grappling with how to balance…

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Delhi HC appoints receiver to take charge of 95 EVs given to Gensol, BluSmart by Clime Finance

The Delhi High Court appointed a receiver for 95 electric vehicles. These vehicles were leased to Gensol and BluSmart by Clime Finance. The decision follows allegations of financial misconduct against Gensol’s promoters. Anmol and Puneet Jaggi were detained under FEMA.…

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RBI’s move to inject liquidity seen as a positive for bond prices

The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May.

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India’s path to USD 8 trn economy faces challenges, but digital growth shows strong promise: Report

It mentioned that India’s growth has been unequal, with just 13 of 788 districts contributing to half of the country’s GDP. Huge income gaps exist, with the top 10 per cent earning nearly 60 per cent of India’s total income.

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News

  • Income-tax returns: Here's how to access, file and submit your ITR-1 form using the official e-filing portal

    Income-tax returns: Here's how to access and submit your ITR-1 form using the official e-filing portal

  • Want to retire early? Achieving FIRE strategy ‘never been easier’ says this investor — We explore the opportunities

    Grant Sabatier, author of ‘Financial Freedom’, asserts achieving FIRE is increasingly feasible, despite current challenges like inflation and housing costs. For those wanting to retire early, we explore the opportunities…

  • Stock vs MF: Can stock SIPs match the discipline of Mutual Fund investing? Expert on choosing the right strategy

    Investors often err by trying to time stock purchases. Stock SIPs allow regular investments in stocks, similar to mutual funds. While they can yield significant returns, they can also backfire. 

  • Market participation is not wealth creation: 5 mistakes retail investors should avoid

    Experts underscore that there is a world of difference between rebalancing your portfolio and churning it. The former is good, the latter not.

  • Investing discipline beats market predictions: Why experts want investors to ignore the noise

    Investing should be calm and research-based, not influenced by social media hype. Experts urge investors to validate sources, consider risks, and focus on data. Maintaining discipline and sticking to personal goals is crucial for long-term success in wealth creation.

  • Can a ₹15 lakh FD generate ₹1 lakh annual income? Here's the simple calculation

    A ₹15 lakh fixed deposit can deliver a steady annual income with the right interest rate. See how a ₹15 lakh FD can generate around ₹1 lakh yearly, compare current bank FD rates, and understand the impact of taxes before investing.

  • 8th pay commission to visit Mumbai railway depts for firsthand experience of working conditions — What's on the agenda?

    8th pay commission: The panel will visit various railway departments in Mumbai to gain firsthand experience of employees' working conditions. On the agenda is observation of daily operations, duties and job risks.  

  • ‘Doesn’t matter if you win…,’ Rafael Nadal on his hotel, sports ventures and what tennis taught him about investing

    ‘Doesn’t matter if you win or lose,’ Rafael Nadal on his business ventures and what tennis taught him about investing‘Doesn’t matter if you win or lose,’ Rafael Nadal on what tennis taught him about investing

  • Which equity mutual funds topped SIP returns? These AMCs dominated the rankings

    Small-cap and mid-cap funds dominated the SIP return charts over three, five and 10 years. The rankings also reveal a handful of AMCs that consistently produced some of the best-performing equity mutual funds.

  • DA hike, bonus, minimum wage increase — Here's what Himachal Pradesh State Forest Development Corporation staff will get

    DA hike: Himachal Pradesh State Forest Development Corporation (HPSFDC) employees are set to receive a 3% hike in dearness allowance, minimum wage hike, and bonus for staff who draw up to ₹21,000 monthly salary. 

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