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What next for Indian rupee after falling past 89 per dollar?

In the absence of a breakthrough in US-India trade talks, the currency is expected to exhibit a downward bias, though Reserve Bank of India interventions are likely to moderate extreme movements.

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Why are foreign banks exiting India retail, wealth banking?

The divestments present a major opportunity for Indian private sector banks to acquire customer bases, deposits, and wealth management portfolios quickly.

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RBI chief says room for more interest rate cuts in India, timing up to panel

During a press briefing, Sanjay Malhotra, the Governor of the Reserve Bank of India, hinted at the potential for further cuts in the policy interest rate, backed by promising macroeconomic indicators. While market trends might suggest a pause, economic experts…

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TRAI ‘bans’ over 21 lakh fraud numbers, has ‘important’ advice for phone users

TRAI has disconnected over 21 lakh mobile numbers and one lakh entities for spam and fraud in a year. Citizens reporting through the official TRAI DND App enables permanent disconnection, unlike simple local blocking. Users are urged to report suspicious…

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Non-US markets emerge as new growth engine for marine exports

India’s marine export scene experienced a noteworthy upswing of 16.18%, hitting an impressive USD 4.87 billion from April to October. The increase is driven by robust interactions with key players like China, Vietnam, Russia, Canada, and the UK.

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SBI Ventures plans to launch Rs 2,000 cr climate-focussed fund in Jan-Mar

SBI Ventures plans to launch a Rs 2,000 crore climate-focused fund in early 2025 to invest in early and growth-stage climate startups, particularly in frontier technologies and AI innovations. The fund aims to address India’s significant financing gap for climate…

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News

  • NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits

    While both National Savings Certificates and tax-saving FDs share a standard five-year tenure, they differ significantly in compounding frequency, interest rates, and overall structures.

  • FII tax exemption on G-Secs explained: What changed, how foreign investors can invest and key details

    Government exempts FIIs from taxes on interest income and capital gains from Indian government securities, aiming to attract global investors and stabilize the rupee. All you need to know.

  • 'Spent ₹1.66 lakh in May': Bengaluru couple breaks down cost of raising a child, caring for a pet and staying fit

    A Bengaluru-based couple has gone viral after sharing a detailed breakdown of their family's monthly expenses, revealing they spent ₹1.66 lakh in May.

  • Co-owning a home and tax liability: Why shared ownership is a smart move for couples to safeguard financial future

    Indian families often include a spouse's name in property titles for strategic and practical reasons. Opting for shared ownership can safeguard a partner's financial future, streamline estate planning, and significantly reduce the likelihood of bitter inheritance conflicts down the line.

  • How mAadhaar users can switch to the new Aadhaar app: Step-by-step guide

    The existing mAadhaar app is set to be retired soon and replaced with a redesigned Aadhaar application. Here's how to switch to the new Aadhaar app on both iOS and Android devices.

  • ATMs are running out of cash. Should you be worried? Explained

    ATMs could run short of cash as operators face challenges in replenishing machines, despite India having a record ₹42.54 lakh crore in currency circulation.

  • Repo rate unchanged: The next move for FD investors and home loan borrowers

    RBI governor announced the unchanged repo rate of 5.25% with a 'neutral' policy stance, citing inflation risks from geopolitical tensions. Here's what it means for fixed deposit investors and home loan borrowers. 

  • ITR: Want to file income-tax returns as an NRI? Check here for I-T slabs, surcharge rate, rebate marginal relief

    Income-tax returns: NRIs are subject to income-tax in India depending on their residential status. Here's a look at the applicable tax slabs, surcharge rate, rebate, and marginal relief that they can claim while filing ITR.

  • PPF Scheme 2026: Interest rate, tax benefits, maturity, withdrawal rules – Key feature explained

    Backed by the government, PPF Scheme 2026 is widely used for retirement planning and wealth creation.

  • ₹31,000 on fitness? Bengaluru's millennial couple describes monthly expenses of a family of 3

    A millennial couple living in Bengaluru provided a breakdown of monthly expenses of a family of 3. Let's have a look at their lifestyle through their expenditure.

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