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AI talent war looms as global tech comes talent fishing here

AI leaders, such as OpenAI, Anthropic, and Perplexity, are entering India to tap into its strong tech talent. Their first local hires will come from startups and global capability centres, focusing on roles in engineering, research, sales, and product.

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Trump doesn’t want ‘wasted meeting’ with Putin as he confirms talks on Ukraine war are off for now

​The decision to hold off on the meeting in Budapest, Hungary, which Trump had announced last week, was made following a call Monday between Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov.

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Walmart pauses job offers to H-1B candidates amid $100,000 visa fee rule: Report

The move comes in the wake of the Trump administration’s recent decision to impose a $100,000 fee on new H-1B applications, a policy that has disrupted hiring plans across several industries.

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Diwali wish: Trump talks trade with ‘great friend’ Modi, Indian PM discusses terror fight

President Trump stated he discussed trade and energy with Indian Prime Minister Modi, who assured him India would limit oil purchases from Russia. This comes as Trump pressures Moscow to end the Ukraine war, with India being a major buyer…

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New funding routes on regional flight map: Budgetary support, other options on cards

The government is exploring new funding mechanisms for its regional air connectivity scheme, UDAN, including direct budgetary support to airlines.

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FRRB now looks at low audit fees, negative reserve parameters for reviewing cos’ fin statements

FRRB is using these parameters, along with other factors, in the review of financial statements for 2023-24.

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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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