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11,000 exporters avail benefits under interest equalisation scheme: Govt

​In India, the repo rate stands at about 6.25 per cent, with exporters bearing interest rates ranging between 8 to 12 per cent or even more, depending on the spread and risk assessment of the borrower by the Authorised Dealer…

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Everybody ‘pays lip service’ to MSMEs, they are most affected by regulations: NITI Aayog CEO

BVR Subrahmanyam, CEO of NITI Aayog emphasized that MSMEs face significant challenges due to regulations and lack of uniformity in their classification. He highlighted the need for government support in transitioning MSMEs across size categories and identified technology, skilled workforce,…

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LG India’s IPO valuation could soften to $10.5 billion–$11.5 billion

LG Electronics’ India IPO valuation may dip to $10.5-$11.5 billion amid market slump, down from initial estimates of up to $15 billion. Despite the reduced valuation, the IPO could raise up to $1.7 billion, exceeding previous expectations. The IPO might…

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Tesla Inc’s trademark dispute with Gurugram’s Tesla Power heads to Delhi High Court

The Delhi High Court is set to hear Tesla Inc’s trademark infringement dispute against Tesla Power India on April 15 after mediation talks failed. Tesla Inc claims confusion among consumers due to the use of its trademark by the Gurugram-based…

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RBI Imposes penalty of Rs 75 lakh on HDFC Bank for violating customer KYC directions

HDFC Bank: The Reserve Bank of India found HDFC Bank violated Know Your Customer (KYC) norms as laid down by RBI’s Master Direction – Know Your Customer (KYC) Direction, 2016. The RBI’s inspection found HDFC Bank allotted multiple customer identification…

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Trump turmoil: US investment banks headed for a major layoff crisis? Details

US investment banks may reduce their workforce if dealmaking remains slow due to economic uncertainties and potential tariffs. Wall Street firms like Goldman Sachs, JPMorgan, and Bank of America are already planning layoffs. Banks are monitoring their pipelines and staffing…

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  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

  • ITR-2 filing for AY 2026-27: Step-by-step guide to file income tax returns correctly before 31 July deadline

    ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.

  • Top 5 dividend yield funds based on 5-year returns: ICICI Prudential Dividend Yield Fund leads with 19.95% returns

    Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 

  • EPFO's 2026 overhaul: key takeaways from the latest EPF, EPS, EDLI schemes

    The new EPF Scheme, 2026 does not make higher PF contributions optional. Here's what remains unchanged, what has changed, and what it means for employees and employers.

  • Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand

    A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.

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