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India, US 'very close' to trade deal, need to get over last hurdle, Deputy Secretary of State Christopher Landau says

US Deputy Secretary of State Christopher Landau stated that the US and India are “very, very close” to signing a trade deal, needing to overcome a “last hurdle.” Negotiations have been ongoing for months, with both sides aiming to finalize…

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Rare earths, PCBs among 40 sub-sectors on FDI fast track

As per the updated standard operating procedure (SOP) for processing FDI applications, the government has also rolled out reporting guidelines for investments in India from a company having any direct or indirect ownership by a citizen or an entity of…

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Cabinet approves two more semiconductor manufacturing units in Gujarat with cumulative investment of over Rs 3,900 crore

The Union Cabinet on Tuesday approved two new semiconductor manufacturing units under India Semiconductor Mission (ISM), marking the last two projects of ISM 1.0 with a cumulative investment of over Rs 3,900 crore.

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'AI push to bring Rs 4,100-cr revenue': Mahindra Group's Anish Shah

Mahindra Group is integrating artificial intelligence across its operations. This move aims to boost profits significantly. In the automotive sector, AI will drive over ₹4,100 crore in revenue by FY27. Customer satisfaction will also see a 2-3 percentage point increase.…

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Ola's full stack AI plans shrink on A-level exits, funding woes

Krutrim, Ola founder Bhavish Aggarwal’s ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and semiconductor leaders, along with over 60 linguistics staff, have departed as funding dried up, leading to the discontinuation of its…

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Oil Price Today (May 6): Crude oil falls below $110, down 6% in just two sessions. What’s behind the dip?

Oil prices dipped for a second day as U.S. President Trump hinted at a potential peace agreement with Iran, leading to hopes of restored Middle East supply routes. Trump announced a temporary pause on escorting ships through the Strait of…

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  • Gold, silver prices today, 21 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 21 August: 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.

  • India market is going to act like an AI-hedge: DSP’s Jay Kothari

    India has lagged global markets amid the AI boom. DSP’s Jay Kothari explains why that underperformance could reverse, where investors should look and how to approach the coming IPO wave.

  • Turning 60? These financial benefits can cushion your retirement

    Senior citizens in India get higher interest rates, tax concessions and discounts on travel and utilities—but with retirement largely self-funded, building a sufficient corpus remains crucial.

  • Can a govt employee switch pension scheme after accepting retirement benefits? SC clarifies

    The Supreme Court ruled that a retired employee cannot switch pension schemes after accepting benefits. This arose from a case where a retired professor sought GPF coverage after being under CPF. Details of the full case here.

  • 8th Pay Commission: Can government amend ToR to cover pension revision for pre-2026 retirees?

    The 8th Pay Commission’s Terms of Reference could be amended to include pension revision for retirees who retired before 1 January 2026. While the Centre has yet to announce any change, historical precedents show that the ToRs of earlier Pay Commissions have been amended and improved when required.

  • Only two consumption funds gave over 10% SIP returns in 3 years, while one scheme posted less than 1%: Here's why

    Consumption funds have delivered widely different returns over the past three years, despite focusing on the same broad theme. Find out what drove this divergence, the role of stock selection, key sectors, and the risks investors should consider.

  • Bitcoin and Dogecoin emerge as India's favourite crypto duo: New study reveals how age shapes investing preference

    Bitcoin and Dogecoin have emerged as the most popular crypto pairing among Indian investors across age groups, according to a report. While younger investors are driving new participation, older investors display stronger buying conviction and greater portfolio diversification.

  • Joint FCNR (B) accounts for NRIs: Eligibility, mode of operations and key rules explained

    NRIs are permitted to open and maintain FCNR(B) accounts jointly with eligible resident relatives, subject to certain conditions.

  • Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights

    A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay ₹88,362 with 9% interest, plus compensation.

  • Doctor today, lawyer tomorrow: How do you save for your child’s education when they keep changing dreams?

    In 2026, planning for a child's education fund is complex due to shifting career paths. Experts advise creating flexible investment structures.

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