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Japan's MUFG Bank acquires 20 pc stake for Rs 39,618 cr in Shriram Finance

Japan’s MUFG Bank has acquired a 20 percent stake in Shriram Finance Ltd. The deal is valued at Rs 39,618 crore. This marks the largest cross-border investment in India’s financial services sector. The collaboration aims to accelerate Shriram Finance’s growth.…

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US Federal Reserve minutes flag stronger appetite for rate hike next month

Federal Reserve officials considered raising interest rates last month. Inflation remained above their target. The U.S.-Israeli war with Iran added to these concerns. Some officials saw a strong case for rate hikes if inflation persisted. However, many still expected rate…

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TRAI weighs direct satellite-to-mobile communication services

India’s telecom regulator TRAI is exploring direct satellite-to-mobile communication services. This move aims to provide connectivity in rural and remote areas. TRAI is seeking views on using spectrum for these services. The regulator is considering global practices and the outcome…

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Disney plans to cut 1,000 jobs, WSJ reports

Walt Disney is set to cut up to 1,000 jobs in the coming weeks. Many of these layoffs will impact the marketing department. This move is part of a new initiative called Project Imagine. The company aims to streamline its…

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Iran announces alternative routes in Hormuz strait

Iran announced alternative routes on Thursday for ships travelling through the Strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway. “All ships intending to transit the Strait of Hormuz are hereby notified…

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Oil rises as investors remain wary US-Iran ceasefire will open supply flow

Oil prices climbed on Thursday. Investors worry about Middle East supply. A ceasefire between the U.S. and Iran faces doubts. The Strait of Hormuz remains restricted. This vital waterway connects major oil producers to global markets. Shippers need more clarity…

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Income-tax returns: Are all donations 100% exempted from tax under old regime?
ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more…
How a Gurgaon couple spent ₹1.59 lakh and still invested ₹2.2 lakh in March
The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where ₹50,800 goes towards rent and electricity bills.
PM SVANidhi scheme: Street vendors receive loans worth ₹17,800 crore in 6 years; Key points to note while applying
Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling ₹17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.
Moving abroad? Here's when your EPF withdrawal becomes taxable and how NRIs can avoid paying extra tax
EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.
Shifting insurance providers? Improve your policy by porting — Here's why you should consider it and what steps to take
Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take…
Credit card fees piling on? Here's things you can do to reduce or avoid some charges
Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges…
8th pay commission: Meeting with employee representatives scheduled in Kolkata — Check dates here
8th pay commission: The 8th CPC will schedule meetings with employee representatives, unions, groups and stakeholders in Kolkata, West Bengal in July 2026. Check dates and full schedule of meetings in June and July here…
Radhika Gupta reveals the biggest finance job opportunities for the next decade: ‘Don’t only chase crowded markets…’
Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.
Dearness Allowance: Punjab Cabinet to discuss DA, DR, pay arrear, clears regularisation of over 65,000 employees—Details
DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported. 
Want to move your Sukanya Samriddhi Yojana account to another bank? Here's the complete transfer process
Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.