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Income isnt wealth: The silent trap of high-flying executives
High income, high lifestyle, zero strategy. Why even top executives with stellar careers often fail at wealth creation and how misplaced confide
Mirae Asset launches SIF-based Platinum Hybrid Long-Short Fund key details explained
Mirae Asset Mutual Fund has launched the Platinum Hybrid Long-Short Fund under the SIF category, offering conservative investors risk-adjusted re
PMs 7 appeals could save up to $37.8 billion, says Brickwork Ratings
The appeals aim at demand-side management, creating a forex buffer to stabilise the rupee at t Rs 95/USD and shield the fiscal deficit from $100+
Gold and silver prices fell in India on 14 May amid key global developments. MCX gold futures slipped 0.37% to 1,62,270 per 10 gm, while silver f
$1 trillion exports target for this year: Piyush Goyal
Goyal says India can achieve 16-17% export growth despite global headwinds.
Chief Minister Suvendu Adhikari announced that the cabinet will discuss Dearness Allowance and the Seventh Pay Commission on May 18. A recent 4%
Warren Buffett flags three dangerous trends for investors in 2026: Thats not investing
Warren Buffett cautioned against the growing trend of gambling in investing as markets reach record highs, citing excessive greed driving asset p
The Bihar government has approved a Dearness Allowance increase for state employees and pensioners, raising it by 5 percentage points for the 6th
Social Security raise in 2027? New forecasts signal a higher COLA than earlier expected
New inflation data suggests a possible 4.2% increase in Social Security COLA for 2027, up from 3.2%. Rising costs of essentials have led to revis
Jaishankar holds talks with Russias Lavrov; trade and geopolitics in focus
The discussions also covered global developments, including the West Asia crisis and the Ukraine conflict
Locked EPFO account? Here's why it happened and how you can recover it
See an EPF account locked message when you try to log into your employee provident fund. This can happen due to multiple reasons. Here's what ste
Why is the EPFO launching a new website? Here's all you need to know about E-PRAAPTI portal
The EPFO is all set to launch a new web portal soon, known as the E-PRAAPTI, to help members recover their old and inoperative employee provident
I asked ChatGPT how to build fintech startup in 5 years on 10 LPA job: AI didn't sugarcoat anything
A Bengaluru tech professional sought a realistic startup plan from ChatGPT. The advice emphasised using a stable job as financial capital, mainta
Three labourers die after falling unconscious inside cargo hold at Kandla
The deceased were identified as Rajesh, Masuk Ali and Raj Kumar, all labourers engaged under Mira Cargo Handling on behalf of Rishi Shipping Indi
Sri Lanka seeks strengthening of free trade deal with India
Sri Lanka is looking to attract more Indian investments in infrastructure, agriculture, energy and tourism
Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) p
Labour Secretary urges industry to revise payrolls to protect social security benefits
Labour and Employment Secretary Vandana Gurnani said this while speaking at a Assochams national seminar on labour codes
Uber to expand Hyderabad tech centre
Uber to set up a corporate office in Future City
Gold duty hike hits demand, raises smuggling concerns across jewellery trade
The Gem and Jewellery Export Promotion Council (GJEPC) cautioned that higher duties could further inflate prices and encourage smuggling
ITR filing 2026: Sold property at a loss? Heres how you can claim income tax relief this year
Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains.
Defence Ministry pushes TReDS to accelerate payments to MSMEs
Defence Secretary RK Singh is monitoring developments for implementation of Trade Receivables Discounting System (TReDS) to improve sluggish proc
Indian government hikes minimum support prices for kharif crops; raises paddy rate by 3%
The government estimates the total payout to farmers at Rs 2.60 lakh crore after the revision in MSPs
Cabinet approves scheme to promote coal/lignite gasification projects with outlay of 37,500 crore
The financial incentive at a maximum of 20% of the cost of plant and machinery will be provided
Cabinet clears Kharif MSP hikes, 37,500-crore coal gasification push to shore up economy
Measures target rural incomes, energy security and logistics amid global uncertainty
Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' re
PPF extension vs phased withdrawals: What should investors choose after account maturity?
After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial
Air India suspends flights on six international routes as ATF prices bite
businessline was the first to report on the airlines plans to temporarily suspend all flights to certain destinations such as Chicago
Govt hikes import duty on gold, silver to 15% amid forex concerns
The gold route via UAE also hit as the centre moves to ease CAD pressure
8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as ce
IVPA welcomes Govts decision to increase MSP for oilseeds
A sustainable edible oil economy requires a balanced approach that protects farmer remuneration, says association chief Sudhakhar Desai
To file an FIR for a cybercrime involving elderly parents or family members, swift evidence collection, online fraud reporting and bank notificat
The NC-JCM, led by Shiv Gopal Mishra, submitted a 51-page memorandum to the 8th CPC, proposing salary hike, increased minimum pay and expansion o
Pension amount for elderly, widows under NSAP unchanged since 2012; inflation makes it worse
When adjusted to the current Consumer Price Index (CPI), a pension of 200 should cost 353 to retain its original purchasing power.
Govt approves 37,500-cr incentive to promote coal gasification projects
The decision was taken in the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi
Air India cuts international flights on 6 overseas routes amid fuel price surge
The airline temporarily suspends services on six routes, including Delhi-Chicago and Mumbai-New York, from June-August.
Bayers FarmRise app reaches 5 million users
Its phygital ecosystem for farmers is led by FarmRise, a farmer-focused digital platform
Govt raises paddy MSP by 72 to 2,441/quintal for 2026-27
The support price for common and A-grade varieties has been increased by 72 per quintal to 2,441 and 2,461 per quintal, respectively, for the 202
Bank FD vs SCSS: Which investment gives better returns over 5 years?
SCSS vs FD comparison highlights higher assured returns from government-backed schemes than bank fixed deposits over five years, with SCSS offeri
ITCMAARS Crop Doctor enables farmers to improve plant health across 70 crops
ITCs AI- and ML-powered agritech solution is enabling real-time detection of plant diseases, delivering tailored remedial guidance to Indian farm
Dearness Allowance: After the Finance Ministry and IBA, the Indian Railways has also hiked DA component of employees' salaries by 2%, from 58% to
How can NRIs simplify investing between India and their country of residence?
From NRE vs NRO confusion to tax treaties and GIFT City access, heres a practical roadmap for NRIs to simplify cross-border investing and build o
Indias edible oil import bill jumps 19% in H1 of oil year 2025-26, volumes rise over 13%
The value of imported cooking oils increased to around 87,000 crore from 73,000 crore a year ago, while the volume was up to 78.15 lakh tonnes fr
Geopolitical crisis, weather may help India export 2 mt of wheat, says USDA
The governments move to lift the 2023 ban on shipments of the cereal will facilitate meet over 25 mt drop in global production
Canara Bank hikes MCLR lending rates; Bank of Baroda keeps rates unchanged check details
Canara Bank MCLR hike by 5 bps may raise EMIs on floating-rate loans like home, auto and personal loans, while Bank of Baroda keeps rates unchang
He owned Bitcoin and Ethereum, but this coin made him rich: Ripple ex-CTOs crypto strategy decoded
Ripple's former CTO, David Schwartz, has revealed that XRP significantly increased his wealth compared to Bitcoin and Ethereum. He once held 26 m
Call to strengthen enforcement against illegal wildlife trade
The three-day meet focuses on improving enforcement mechanisms, species identification, legal procedures, digital evidence collection and inter-a
India doubles platinum import duty, raises costs for diesel SUVs and hybrids
The move is aimed at curbing imports and conserving forex, but may increase compliance costs, working capital pressure and supply-chain expenses
India wheat procurement tops 30-million tonne mark, heading towards target of 34.5 mt
Purchases surpass year-ago levels for first time this season despite Madhya Pradesh lag, with Punjab and Haryana showing strong gains
Maruti Suzuki crosses 30-lakh car dispatches through railways
MSIL says rail-based vehicle dispatches now account for 26.5% of total outbound logistics, marking a major milestone in its green logistics push.
Aditya Birla Health Insurance launches Activ Yuva, a wellness-first plan offering unlimited hospitalisation cover, OPD benefits, income protectio
India vegetable oil imports rise 13% to 7.94 million tonnes in Apr-Nov period
Palm oil imports nearly doubled, while soft oils like soybean and sunflower declined. In value terms, imports jumped 19% to Rs 87,000 crore
Outsourcing house chores is the new and easy norm, but is it burning a hole in your pocket?
App-based domestic help platforms promise reliability and ease. But as promo prices fade and surge fees kick in, urban users are rethinking wheth
Marked increase in regulatory burden on food processing sector: Teamlease Regtech founder
Stringent food safety norms have meant tighter packaging and labelling requirements, higher traceability expectations, environmental regulations
Gold prices soar after duty hike should you buy, hold or rebalance? Expert says, good time to
The Indian government raised import duties on gold and silver to 15% to curb rising import costs due to the West Asia crisis. This hike may lead
Maruti Suzuki ramps up green logistics, targets 35% rail dispatch by 2031
Maruti Suzuki has already increased rail share to 26.5%, crossing 30 lakh cumulative rail dispatches
AERA defers 15% revenue recovery to moderate Noida airport charges
Regulator says part of airports revenue requirement was shifted to next tariff cycle to reduce burden on passengers and airlines
Noida airport domestic flyers to pay 490 user development fee: AERA
Tariff for greenfield facility to rise gradually till FY31 with UDF up to 1,461 for departing international passengers
Gold duty under India-UAE pact raised in line with standard rate hike
Gold import under specified quota to now attract duties of 14 per cent instead of 5 per cent; experts advise tighter origin rules to check misuse
Clarity act up for vote tomorrow: Will it change how you use crypto? 5 Key provisions to watch
The US Senate Banking Committee released the Clarity Act text, defining financial regulators' jurisdiction over cryptocurrencies. Key provisions
As of May 13, gold is priced around 161,410 per 10 gm, while silver reached 296,570 per kg, driven by demand and currency fluctuations.
India's travel industry braces for hit from Modi's appeal to avoid foreign trips
The travel pullback is unfolding against a backdrop of rising global inflation, with crude oil trading above $100 a barrel after Irans closure of
Global sugar deficit expected in 2026-27 as demand outpaces production
Sugar output is projected to fall sharply in the European Union, the UK and Thailand, where low sugar prices are prompting farmers to switch to o
India launches new IFAD-backed programme to boost rural incomes and climate resilience
Aligned with the Viksit Bharat@2047 vision, the strategy focuses on empowering rural communities, scaling proven development models, and strength
Southwest monsoon likely over Bay of Bengal and Andaman and Nicobar by week-end: IMD
A low-pressure area persisting over the southwest Bay of Bengal is expected to strengthen over the next 48 hours, potentially aiding the monsoons
Income-tax returns: Form 26AS displays taxpayers' financial statements and can be accessed via the Income Tax portal or your banks' website. Taxp
Is foreign-earned salary in NRE account taxable in India? Here's what rules say
Non-resident Indians can transfer overseas earnings to India via NRE accounts, which are not taxable if income is foreign. NRO accounts manage In
US wheat harvest set to hit lowest level since 1972 amid severe Plains drought
Wheat output for the 2026/27 season is estimated at 1.561 billion bushels, well below last years levels and market expectations.
India set for record DAP fertiliser import in single tender amid supply concerns
Indian Potash Ltd agreed to buy the cargoes at prices between $930 and $935 per tonne on a cost-and-freight basis for deliveries to both the west
China moves WTO against India over solar cells, modules and tech incentives
Beijing has alleged that Indias tariff structure and domestic preference policies discriminate against Chinese products and violate WTO agreement
Investment planning is crucial for financial stability, involving assessment of current finances, risk tolerance, and future goals. Here are key
The ERD economists observed that the impact of war in West Asia has been key point of interest in current months CPI inflation
A young Bengaluru professional earning 30 lakh annually wants to buy a Mercedes A-Class Limousine. ChatGPT replies.
PM Modis UAE visit to focus on Indias energy security: MEA
The PM is scheduled to hold talks with UAE President Mohamed bin Zayed Al Nahyan in Abu Dhabi
Talent migration is among the biggest economic crisis today, says Sridhar Vembu
Indias brain power runs Silicon Valley, and we are in turn buying the services of those companies at a huge mark up, Vembu said.
Puri pointed out that India currently holds around 60 days of crude oil supplies, 60 days of LNG inventories and 45 days of LPG reserves
India has a strong economic runway for at least next 15-20 years: Citi India chief
India offers macroeconomic resilience, political stability, demographic strength that is rare among emerging markets: Balasubramanian
Ensure speedy completion of paddy, maize procurement, Revanth tells officials
Telangana Chief Minister also reviewed the availability of warehouses and advised the collectors to map temporary facilities to store the procure
Air India looks to suspend flights to key foreign destinations such as Chicago
Further international flight cuts likely for the June-August period as talks on ATF pricing relief fail to yield progress
Are you investing in gold alternatives digital gold, gold ETFs, gold mutual funds or sovereign gold bonds (SGBs)? Check here to see if these opt
Odishas Dhenkanal farmers export 3 tonne of mango to London
The export was undertaken by Madanamohan, DKL Innovative and Kankadahad Farmer Producer Cooperative Societies
India gets its UPI for EV charging as Kumaraswamy unveils unified Bharat e-charge
Unified Bharat e-Charge, which businessline first reported on May 10 as a UPI for EV charging, will let EV users locate, book and pay across BPCL
IMD launches pilot weather forecast within 1 km radius in UP, national roll out in 2-3 years
The Indian weather agency will start a 10-day monsoon forecast every Wednesday, more specific to district and block levels
The government is working on a new employment policy: Mandaviya
Labour and Employment Minister Mansukh Mandaviya also urged the industries to join hands with government for providing a roadmap for job creation
The Chief Economic Advisors warning comes days after the EUs Ambassador to India made similar statements about compliances not being used as trad
West Asia crisis a live balance of payments stress test, says CEA Nageswaran
Currently, the world is geopolitically contested and dotted with active conflicts, Nageswaran said
The logistics park currently has five warehouses, of which three already have clients onboarded, said sources
At 1.98 lakh crore, PSBs clock record high net profit in FY26
With 11% growth y-o-y, this marked the fourth consecutive year of aggregate profitability for PSBs
What is digital gold? How can you buy it, and can it be converted to physical gold?
Digital gold allows online investment in physical gold without immediate possession. It is also backed by real gold stored in secure vaults but n
The Union Ministry of Mines launched the tranche at a function in Srinagar, inaugurated by Mines Secretary Piyush Goyal, as part of efforts to ex
India-Oman FTA likely to come into force on June 1: Goyal
Current global situation a wake-up call for India to become more efficient, self-reliant, the Minister said
