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India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

India is now a leading smartphone supplier to the US. Electronics manufacturing has reached Rs 12 lakh crore. Electronic production has grown six times in 11 years. Exports have increased eightfold to Rs 3 lakh crore. India is the second-largest…

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PSBs step on the gas in retail as private ones take foot off the pedal

Indian public sector banks are aggressively expanding their retail loan portfolios. They are growing faster than private sector banks in this segment. State Bank of India, Bank of Baroda and Punjab National Bank are leading this growth. Private banks are…

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Brookfield acquires Jet Airways’ office property in Mumbai through insolvency process

The sale was conducted under the Insolvency and Bankruptcy Code (IBC) and overseen by the National Company Law Tribunal (NCLT).

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India’s textile exports face uncertainty as companies shift production to Vietnam, Indonesia, and Africa

Facing potential tariffs, some Indian textile companies like Pearl Global Industries are shifting US-bound production to countries like Vietnam, Indonesia, and Bangladesh, where tariff structures are more favorable. This strategic move aims to maintain customer relationships and profitability amidst evolving…

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US tariffs force Indian electronics makers to explore new markets amidst pricing challenges

US tariffs are prompting electronics makers to reconsider Indian expansion and explore alternative markets, negating India’s pricing advantage over China. Munoth Industries fears losing its US business due to potential tariffs on lithium cells, impacting revenue projections. Dixon Technologies adopts…

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No impact of rare earth magnets supply issue on production: Tata Motors Group CFO PB Balaji

Speaking during an earnings call, Balaji noted that while some challenges may arise in the coming quarters, the company is actively working to resolve them and fully de-risk its operations.

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  • 8th Pay Commission accelerates consultations on fitment factor and salary revision – top 5 updates

    8th Pay Commission gathers pace: The Commission is inviting stakeholder feedback before finalizing recommendations on the fitment factor, salaries and pension reforms expected to impact over 1.19 crore beneficiaries.

  • Bank holiday today: Are bank operations shut for Muharram on 26 June in Mumbai, Delhi, Chennai? Check RBI calendar here

    Bank holiday today: Banks are closed across cities in India today on account of Muharram. In addition to the common national and gazetted holidays, banks in India could have local holidays and festivals off, as required.

  • Should you invest in last year’s top mutual fund? Experts warn against this common mistake

    Experts caution against chasing performance after fund rankings, as returns are influenced by market conditions. Instead, investors should focus on long-term goals and avoid frequent switches, which can lead to missed opportunities and additional costs.

  • Micron shares surges after blockbuster earnings: Here's what is driving the rally and how Indians can invest

    Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

  • Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years

    Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

  • I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think

    Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

  • Should you switch SIPs to last year’s top-performing fund? This study has the answer

    Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

  • UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

    UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

  • Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

    Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

  • I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights

    For good weather plus softer luxury pricing, aim for April, May, September, or early October. 

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