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India’s EXIM Bank boosts credit to exporters hit by US tariffs, eyes Africa expansion

INDIA-TRADE-EXIM-India’s EXIM Bank boosts credit to exporters hit by US tariffs, eyes Africa expansion

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Govt allows 2G ethanol exports with authorisation, certification: DGFT

India’s export regulations have been amended by the Directorate General of Foreign Trade, now permitting the export of Second Generation (2G) ethanol. This eco-friendly ethanol, derived from non-food sources like agricultural residues, aligns with sustainability goals due to its low…

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Bain-backed Dhoot Transmission is said to appoint banks for $250 million IPO

Dhoot Transmission Ltd., backed by Bain Capital, has enlisted Axis Bank, Kotak Mahindra Bank, Jefferies, and Nomura to manage its upcoming Mumbai IPO. The offering, anticipated next year, aims to raise approximately $250 million through a combination of fresh shares…

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Air India Group announces expansion strategy for Navi Mumbai International Airport

Air India Group will begin operations from Navi Mumbai International Airport (NMIA) with 20 daily departures to over 15 cities by Air India Express in the first phase. The group plans to scale up to 55 daily departures, including international…

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India may raise foreign investment limit in PSU banks

India is contemplating raising the foreign investment limit in public sector banks (PSBs) beyond the current 20% to bolster their capital-raising capabilities. This proposal is part of broader economic reforms aimed at fostering growth amid geopolitical uncertainties. The government intends…

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Reliance Consumer Products Ltd to invest Rs 1,156 Cr for manufacturing unit in Tamil Nadu

Reliance Consumer Products will invest Rs 1,156 crore in Tamil Nadu to establish an integrated manufacturing facility at SIPCOT Allikulam Industrial Park, creating 2,000 jobs over five years. Additionally, Cochin Shipyard and Mazagon Dock Shipbuilders are set to invest a…

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EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.
Property registry alone doesn't prove ownership: Here's what else homebuyers need to do
Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 
Trump's accounts sold Micron, bought Nvidia: Expert warns, ‘Don't mistake it for a strategy’
Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.
Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?
Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 
EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims
EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.
Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios
Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 
How can families preserve art, jewellery and heirlooms for future generations?
A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.
Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance
Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.
SIP returns disappointing? Here's when to stay invested and when to switch funds
Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.
NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India
Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.