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SMBC to share its global learning with Yes Bank, help raise the bar: CEO

Toru Nakashima, the global CEO of Sumitomo Mitsui Banking Corporation, recently engaged with employees at Yes Bank, emphasizing his commitment to their future. He conveyed a message of confidence regarding job security and anticipated growth, following SMBC’s recent acquisition of…

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iPhone boom powers India’s electronics exports to record highs, set to overtake petroleum

In its race to the third spot, electronics dislodged gems and jewellery and chemicals from third and fourth place, respectively, in FY25.

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SBI to hire 3,500 officers in next 5 months to drive business growth

State Bank of India is set to recruit approximately 3,500 officers to strengthen its operations. The bank is also focusing on increasing its women workforce to 30 percent within the next five years. This initiative aims to enhance gender diversity…

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Japan’s Nikkei tops 50,000 mark for first time on stimulus euphoria

Japan’s Nikkei stock index has crossed the 50,000 mark for the first time. This milestone follows a series of record highs. Investors anticipate significant spending from the new prime minister, Sanae Takaichi. The Nikkei 225 saw a substantial rise, while…

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LIC refutes Washington Post report on $3.9 bn Adani investment

Life Insurance Corporation of India (LIC) has vehemently denied a Washington Post report alleging government pressure to invest $3.9 billion in Adani Group companies. LIC stated that no such proposal was ever drafted by officials, calling the report false and…

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India, US ‘very close’ to sealing trade pact: Both sides converge on core issues, legal language being finalised amid tariff uncertainties

The United States and India are nearing the completion of an innovative bilateral trade pact. As both countries engage in constructive dialogues, they’re discovering shared interests. This agreement departs from traditional free trade formats. President Trump recently held a conversation…

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News

  • RBI announces redemption price for SGB 2021-22 Series III, investors set for over 220% gains; check details

    The RBI has fixed the premature redemption price at ₹15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.

  • Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know

    NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.

  • Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor

    Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.

  • CAGR vs XIRR: Which is better for analysing mutual fund returns?

    The Compound Annual Growth Rate (CAGR) is the average annual rate of return of a lump-sum investment over a specific period. The Extended Internal Rate of Return (XIRR) is a return calculation method used for investments with multiple cash flows occurring on different dates.

  • A guide to government securities for retail investors: Meaning, ways to invest, benefits and risks

    Government securities (G-Secs) are debt instruments issued by the RBI on behalf of the central and state governments to raise funds from investors. These securities can be purchased in the primary market during government auctions or in the secondary market. 

  • HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why

    Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.

  • ITR filing AY 2026-27: How to claim TDS refund while filing your income tax return

    Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. A TDS refund becomes applicable when the amount of tax deducted from your income during a financial year is more than the tax you are actually required to pay.

  • Mango bonds and tree renting: a side of Alphonso in your portfolio

    Consumers are renting mango trees and buying so-called mango bonds to secure premium fruit directly from farms. But are these genuine investments or simply a smarter way to buy mangoes?

  • How to change or update your EPF nominee online: Step-by-step process here

    EPF members can update their nomination online at any time. This allows them to change beneficiaries. Here's the full process and what to do to make your nomination valid.

  • Top 5 multi-cap funds with lowest expense ratios and highest long-term returns for investors to track

    Are you looking for a multi-cap fund that charges low fees and delivers benchmark-beating returns? Here are the top 5 multi-cap funds that combine low expense ratios with strong return performance.

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