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Oil edges up after Trump steps backs from tariff threats over Greenland

GLOBAL-Oil edges up after Trump steps backs from tariff threats over Greenland

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PhonePe India IPO set to see Walmart cut stake as Tiger Global, Microsoft exit

PhonePe is preparing for its initial public offering by mid-2026. Major investors Walmart, Tiger Global, and Microsoft are reducing or exiting their stakes. PhonePe leads India’s unified payments interface market. The company aims to list amidst a strong Indian primary…

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US stocks rise as markets cheer easing of Greenland tensions

Stocks mostly steadied Wednesday as markets digested shifting comments from US President Donald Trump that dialed down tensions with Europe over Greenland. After Tuesday’s equity market weakness following Trump’s tariff threats against Europe over Greenland, US stocks opened the day…

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Trump backs down on Greenland and cancels tariff threat after NATO agrees to future Arctic deal

President Donald Trump has withdrawn threatened tariffs on eight European nations. This move follows his insistence on acquiring Greenland. Trump announced a framework for future Arctic security deals. Discussions are ongoing regarding a missile defense program. This development potentially eases…

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Rs 19,000 crore FII selloff: Banks, IT, FMCG worst hit. Metals only bright spot

Foreign institutional investors have divested Rs 19,015 crore from Indian equities in early 2026, heavily impacting banks, IT, and FMCG sectors. Metals, however, emerged as a bright spot, attracting significant foreign inflows. Despite the sell-off, domestic brokerages see opportunities in…

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CBDT must strengthen internal mechanisms to ensure one consistent view, says former chairperson, Anita Kapur

India’s tax regime needs consistent application of current laws to reduce disputes. Former CBDT Chairperson Anita Kapur suggests strengthening internal mechanisms for uniform interpretation. She advocates for stability over frequent changes in tax rates and exemptions. Budget 2026 should focus…

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Dearness Allowance: From DA hikes and arrears announced by states to pay commission decisions — Latest updates
Dearness Allowance helps mitigate inflation pressures for central government employees and pensioners. The 8th pay commission is reviewing pay structures and its recommendations will impact 50 lakh employees and 65 lakh pensioners in India.
8th Pay Commission delayed again: When will you receive the revised salary? What it means for your pay and pension?
The 8th Central Pay Commission has extended the deadline for submissions to June 15, allowing more time for employee associations and unions to present demands. 
How much does it truly cost to have a baby in India? I asked ChatGPT: AI reveals hidden expenses parents often miss
Expectant parents in India face hidden costs and emotional challenges in the first year. A practical financial roadmap is essential.
5 ways to keep your personal finances healthy amid market volatility, geopolitical tensions and rising oil prices
Rising geopolitical tensions are reshaping personal finance decisions. Diversified investments, SIPs, emergency funds and disciplined planning can help protect wealth and manage market volatility effectively.
Withdrawing more than ₹10 lakh from your bank account in a year? Here's what you must know
Bank customers can withdraw over ₹10 lakh without automatic tax scrutiny, but large transactions must comply with reporting norms to avoid issues with the income tax department. Details here.
Top 5 mid-cap index funds with lowest tracking error and benchmark-like returns
Since mid-cap index funds track a specific index, tracking error is an important factor to consider before investing. Here are the top 5 mid-cap index funds with the lowest tracking error. 
Should small finance banks be a part of your FD strategy?
Unlike larger lenders with diversified and sticky deposit franchises, small finance banks rely more heavily on retail deposits to fund their loan books and, therefore, need to offer higher rates to attract and retain savers.
Applying for a personal loan? Here's the list of documents you will need
To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply for a personal loan.
REITs distribute ₹8900 crore to unitholders in FY26, a 50% increase in disbursements
In FY26, India's five publicly listed REITs distributed over ₹8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.
UPI goes live in Cambodia: Indian tourists can now pay at 4.5 million merchant outlets via KHQR
Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.