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Private banks lead Indian benchmark shares higher post Axis Bank results

Indian shares edged higher on Thursday, led by gains in private banks following positive results from Axis Bank. The Nifty 50 and BSE Sensex saw modest increases, with the banking sector showing improved asset quality and net interest margins. Analysts…

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Foreign Investors Return to Indian Stock Markets with Over Rs 10,000 Crore in Purchases Amid Optimism

Foreign investors are showing renewed confidence in Indian stocks, with significant net buying in both primary and secondary markets recently. This shift follows months of selling and coincides with a steady rise in key market indices. Analysts attribute the turnaround…

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CEOs in India double down on AI and talent to accelerate transformation

Confidence among CEOs in India in their own companies’ growth prospects has climbed to 83 per cent, up from 68 per cent in 2024, a significant leap that outpaces CEOs globally, whose confidence rose from 76 per cent in 2024…

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India’s unemployment rate rises to 5.2% in September, driven by rural job losses

As of September, India’s unemployment rate climbed to 5.2%, with rural areas particularly impacted, affecting men and women alike. Urban centers also felt the squeeze, as youth unemployment reached a concerning three-month high.

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China files complaint against India in WTO over EV, battery subsidies

China has lodged a complaint with the World Trade Organization against India. The complaint concerns India’s subsidies for electric vehicles and batteries. China claims these measures violate WTO rules and unfairly benefit Indian industries. This action comes as Chinese EV…

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Gold extends record run past $4,200 on rate-cut hopes, safe-haven fervor

Gold has reached a historic high, surpassing $4,200 per ounce. This surge is fueled by expectations of interest rate cuts and global uncertainties. Investors are seeking safety in gold amidst rising geopolitical tensions and trade disputes. The precious metal has…

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News

  • Dearness Allowance: Here's all we know about Punjab, West Bengal and Himachal Pradesh govts' discussions on DA hikes

    Dearness Allowance: DA is the component of the basic salary that is periodically adjusted for inflation. Here's all we know about the Punjab, West Bengal and Himachal Pradesh state governments' discussions on respective DA hikes.

  • Will ₹10 crore be enough to retire comfortably? Expert says ‘wrong approach’ | Use this simple formula to understand

    Determining retirement needs requires calculating future monthly expenses, factoring in inflation, and estimating the necessary corpus. For example, a current expense of ₹70,000 may grow to ₹3 lakh in 30 years, necessitating a corpus of about ₹5.2 crore for adequate retirement funding.

  • How are dark patterns causing ₹25,000 crore loss to consumers annually?

    The CCPA issued guidelines in 2023 to prevent and regulate dark patterns. The authority has listed 13 specific dark patterns. It has issued an advisory to strengthen compliance with guidelines and even penalised some platforms. However, the compliance still needs to improve.

  • Bank holiday today: Are banks closed on Saturday, 20 June for the weekend? Check RBI calendar here

    Bank holiday today: Are banks closed today for the weekend holiday on Saturday, 20 June? Check the RBI calendar here… 

  • PhonePe to charge ₹100 quarterly fee on wallets inactive for a year: Here's how users can avoid it

    PhonePe has introduced a ₹100 quarterly inactivity fee for wallets not used in 365 days. Users must complete a transaction to avoid charges. Details here.

  • PM Kisan 23rd instalment 2026: Payment date announced for ₹2,000; eligibility, eKYC details

    Under the flagship income-support programme, eligible farmers receive ₹2,000 every four months, amounting to ₹6,000 annually in three equal instalments.

  • ITR-3 excel utility for AY 2026-27 goes live: Who can file and key details for taxpayers

    The I-T department has released the Excel Utility for ITR-3 for Assessment Year 2026-27 on the e-filing portal. Here's who must file this form what changed this assessment year.

  • I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…

    An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.

  • Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

    The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.

  • EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

    Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 

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