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Connectivity without respect for sovereignty loses trust and meaning: PM Modi at SCO Summit

Prime Minister Narendra Modi, delivering his opening remarks at the Shanghai Cooperation Organisation (SCO) Summit in Tianjin on Monday, underscored that connectivity initiatives which bypass sovereignty ultimately “lose trust and meaning”.

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Indian steelmakers urge government for minimum import price amid global slump

With safeguard duty set to expire, domestic producers warn that falling international prices are eroding profits and demand extended government support.

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Real-money game over, battle will now shift to the old field

Following the real-money game ban in India, traditional gaming studios anticipate growth as RMG players migrate to casual gaming. This shift is expected to attract investment and talent, with developers focusing on in-app purchases and subscriptions. An industry association has…

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Reliance Jio IPO at $154 billion valuation? India’s biggest listing and what investors need to know

Global brokerage Goldman Sachs has projected Reliance Jio’s enterprise value at $154 billion in a bull-case scenario, setting the upper benchmark for what analysts are calling a potential game-changer for Indian capital markets. Other major brokerages are similarly bullish—Jefferies values…

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Chip mission 2.0 to prioritise silicon carbide wafer making

The push for SiC wafers comes as they operate at higher voltages, temperatures and frequencies, officials said. In semiconductor manufacturing, a wafer is a thin, circular slice of a crystalline semiconductor material, most commonly silicon, upon which integrated circuits are…

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Rupee likely to stay under pressure after breach of critical 88/USD mark

The Indian rupee is expected to remain weak after breaching the 88-per-dollar mark, emboldening speculators. Despite better-than-expected June-quarter GDP, the rupee faces downside risks due to heavy equity outflows and dollar demand. Asian currencies are generally weak, and the market’s…

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News

  • 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.

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