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India tech giants struggle to shake off $115 billion rout

India’s top software exporters are facing investor concerns over growth, with Infosys and HCL Technologies reporting results below expectations. This downturn, exacerbated by a weak global economy and AI disruption, has led to a significant drop in the IT sector’s…

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India's state-run SAIL wins court block on steel antitrust investigation

An Indian court has paused a major antitrust investigation into Steel Authority of India. The company challenged the Competition Commission of India for procedural errors. SAIL argued it was cleared in an initial report but a further probe was wrongly…

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Govt forms panel under SBI chief C S Setty to assess Mythos-related risks

Union Finance Minister Nirmala Sitharaman announced a panel led by SBI Chairman C S Setty to assess risks from AI platform Mythos and devise mitigation strategies. Banks will collaborate to understand threats and identify investment needs for countering AI-driven challenges.

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US slaps 123% anti-dumping duty on Indian solar imports

India’s solar industry said the decision to impose steep preliminary anti-dumping duties on cells and modules from India will have limited immediate impact on domestic exporters, but remains a matter of concern.

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India assured DTAA tax benefits will continue after Supreme Court ruling, Mauritius Cabinet Note says

India has assured Mauritius that it will uphold benefits under the Double Taxation Avoidance Agreement. This comes after a Supreme Court ruling raised concerns. India has softened tax regulations regarding the General Anti-Avoidance Rule for older investments. This move aims…

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Credit flows jump 38% in FY26 as RBI easing boosts demand

India’s formal loan systems saw a significant surge in FY26, marking a strong revival in borrowing demand. This growth followed a contraction in the previous year. The Reserve Bank of India’s policy rate cuts and liquidity infusion spurred lending. Credit…

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  • What Taylor Swift teaches about money and how you can apply it, expert says, ‘its a masterclass in wealth management’

    Taylor Swift's journey to billionaire status teaches valuable financial lessons. Experts highlight her savvy decisions in income diversification, ownership protection, and long-term investments as keys to her success. 

  • Beyond Dalal Street: why more Indian investors are looking overseas

    A weakening rupee, limited sector exposure and concentration risks are pushing Indian investors to gradually diversify into global markets and dollar assets.

  • Checking your portfolio daily? Experts warn it may hurt long-term gains; recommends a smarter approach

    Staying disciplined and aligned with financial goals is key to successful investing, rather than chasing short-term gains in fluctuating markets.

  • Bank holiday next week: SBI, HDFC, others closed on this day between June 1 and June 6; check here

    Private and public sector banks in India will be closed for one day next week from 1st to 7th June 2026 due to eleven holidays listed by the RBI, including weekends and national holidays. Customers should check holiday schedules before visiting branches.

  • Radhika Gupta calls for ESOP tax reform: ‘Imagine paying lakhs in tax for shares you cannot sell. Or worse…?’

    Radhika Gupta, CEO of Edelweiss Mutual Fund, urges reform of India's ESOP taxation, advocating for taxes only when employees realise gains from shares. Read her full statement here.

  • 5 key money events in June 2026 that could impact your taxes, investments and monthly budget — Check full list

    June 2026 will be crucial for taxpayers and investors due to important financial developments and deadlines. Here's the full list of key dates that one should know. 

  • PPF for children: Can both parents contribute to the account and claim tax deductions?

    PPF is a long-term savings scheme with tax benefits. Parents can open a PPF account for minors, but total contributions by both parents cannot exceed ₹1.5 lakh annually. Details here. 

  • I asked ChatGPT if a ₹1 lakh salary can buy a ₹1 crore home. The AI verdict was a reality check

    With a monthly take-home of ₹1 lakh and taking expenses and investments into account, buying a ₹1 crore flat may be financially imprudent. Here's what ChatGPT advised me to do instead.

  • BOBCARD unveils discount deals with Air India, MakeMyTrip, EaseMyTrip and more

    Through these partnerships, BOBCARD said that it is aiming to make travel more rewarding and accessible for customers this summer by offering instant discounts, exclusive deals, and convenient EMI options.

  • Planning your child's future? These 4 government-backed investment options can help you start early

    Parents can secure their child's financial future through various government-backed investment schemes. Options include the National Savings Certificate, Sukanya Samriddhi Yojana, Public Provident Fund, and NPS Vatsalya. 

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