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Strait of Hormuz open or closed? Trump has a warning for Iran if deal with US fails

US President Donald Trump has extended the Iran ceasefire while simultaneously escalating tensions with Tehran over the Strait of Hormuz crisis and an ongoing US naval blockade targeting Iranian oil shipments and maritime routes. Soon after the announcement, Trump posted…

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US will indefinitely extend ceasefire, unclear if Iran agrees

President Donald Trump has extended a ceasefire with Iran indefinitely for peace talks. This move comes as Pakistani mediators facilitate discussions. However, the U.S. Navy’s blockade of Iran’s sea trade will continue. Iran has reacted skeptically, with some officials threatening…

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HDFC Life board reappoints Vibha Padalkar as MD, CEO for 5 years

The board meeting further stated that Padalkar “has not been debarred from holding the office of Director by virtue of any SEBI order or any other such authority.”

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NSE IPO back on track as Sebi panel clears Rs 1,800 crore settlement proposal

The four-member expert committee on settlement orders is chaired by Jai Narayan Patel, former chief justice of the Calcutta High Court. The other members are N Venkatram, country chair of Canadian pension fund CDPQ; SK Mohanty, former Sebi member; and…

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Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costs

Moody’s has lowered India’s FY27 growth forecast to 6% due to weaker private consumption and industrial activity, driven by higher energy prices from the Iran war. Elevated energy costs are expected to widen the trade deficit and increase fiscal pressures,…

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$166 bn Trump tariff refunds open in US, but India still has to ask for a slice

A significant reduction in US tariffs is setting the stage for a $166 billion refund wave. For Indian exporters, the potential for profit exists, but their success will depend on how well they can negotiate with American partners. Importantly, while…

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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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