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India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shock

Wholesale inflation in India jumped to 8.3 percent in April. This is the highest rate recorded in the current series. Soaring fuel and crude oil prices are the main drivers. This rise impacts mineral oils, natural gas, and manufactured goods.…

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India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

INDIA-BONDS/India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

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Govt turns up heat on induction push, makers asked to ramp up production

In a bold push towards sustainability, the government is calling on manufacturers to ramp up induction cooktop production. With plans to acquire millions of units in the coming year and a half, this initiative signals a significant shift from LPG…

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Outward remittances: NBFCs don't need prior RBI nod for dealer tie-ups

The framework shifts regulatory focus away from ex-ante approvals toward compliance, transparency and consumer protection obligations at regulated banks facilitating the transactions.

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India bans sugar exports until Sept 2026 to cool local prices

INDIA-India bans sugar exports until Sept 2026 to cool local prices

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US, China will have 'a fantastic future together', Trump tells Xi at Beijing meeting

Chinese President Xi Jinping and US President Donald Trump met in Beijing. The leaders engaged in high-level discussions. Topics included trade, Taiwan, and Iran. The meeting featured ceremonial pageantry. Both sides are expected to discuss economic cooperation and potential trade…

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News

  • Are you planning your retirement correctly? Tax free, govt security—research explains key reasons why Indians prefer NPS

    HDFC Pension Fund Management’s ‘NPS Preference Index Study 2026’ revealed that preference for the National Pension Scheme among Indians has increased, driven by improved consideration, familiarity, and appeal. 

  • ‘Less exciting long-term savings crucial for financial security in old age’: CEA encourages pension investment

    CEA Nageswaran urged Indians to prioritise long-term savings over short-term trading, highlighting the importance of pension assets for financial security. He noted pension assets are only 17% of GDP, significantly lower than OECD peers, indicating room for growth.

  • EPS: What to do if employer fails to make pension contribution

    EPFO says eligible employees can approach employer first, then file grievance online

  • The corporate insurance trap: Relying solely on your company’s health cover is a bad idea; here’s why

    Relying solely on corporate health insurance can expose families to risks, especially during job transitions or retirement. Check why.

  • UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered

    The Centre will soon implement Merchant Discount Rate (MDR) fees on specific UPI transactions. Today we answer what the UPI MDR charge means, the start date, slabs, and why this is being introduced now… 

  • 8th pay commission: Stakeholder meetings underway — Here are the key dates and FAQs answered

    The 8th Central Pay Commission is consulting stakeholders to discuss possible revisions. Chaired by former SC Justice Ranjana Prakash Desai, it will benefit over 1 crore government employees and pensioners, with final recommendations expected by May 2027.

  • DA news: Sikkim govt hikes dearness allowance for employees, dearness relief for pensioners — Check details

    DA hike news: Sikkim has announced increased dearness allowance and dearness relief for state government employees and pensioners, respectively, with effect from 1 January 2026. Here's how much those under pre-revised and revised basic pay structures will get… 

  • Work From Hills: WFH here may be cheaper than your city accommodation; check rates in Himachal Pradesh, Uttarakhand

    Working remotely from hill stations in India may be cheaper than renting in cities. Various listings show monthly rates in Himachal, Uttarakhand, Sikkim and West Bengal.

  • Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers — why are millions still not investing? Report decodes

    India's digital financial ecosystem has seen rapid payment growth, but investment in mutual funds and equities remains low. An EY report reveals a gap in participation despite over 550 million UPI users. Details here. 

  • AI threat to financial advisors? It may make money advice cheaper, but what about jobs — EY report answers

    AI could democratise financial advice, bringing it to diverse investors across India, including women and younger generations. But what does it mean for the jobs of traditional advisors? A recent report answers that crucial question.

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