44 C 
ICRA lowers Indias FY27 GDP growth estimate to 6.2%
For FY26, ICRA estimates GDP growth at 7.5%, marginally lower than the National Statistical Office's (NSO) Second Advance Estimate (SAE) of 7.6%
Indias peak power demand hits record high of 257.37 GW
The peak shortage on Monday stood at 601 megawatts (MW) and the energy met stood at 5.62 billion units (BU)
Duty-free inflows from Nepal push Indias edible oil imports up 3% in FY26
Shipments from the Himalayan nation under the SAFTA arrangement helps the neighbouring country enjoy zero-duty access for export of refined edibl
Indian Railways approves 993 crore ArakkonamChengalpattu doubling project
The project is expected to reduce train detention time, improve punctuality, and increase the frequency of suburban services, noted Ashwini Vaish
Supreme Court asks SpiceJet to move Delhi HC for extension of time to deposit 144 crore
Refusing its plea, the top court remarked: What happened before the West Asia crisis? Something which has happened on May 5 (Bailout announcement
Indian cardamom exports regain aroma amid West Asia tensions
A 50% crop failure in Guatemala due to weather and pest attacks drives a sharp increase in shipments
Smart emergency fund planning strengthens financial stability as experts explain emergency fund in FD or savings account strategy balancing liqui
LPG supply disruption pulls Indias March petroleum product imports to 8-year low
According to the Petroleum Planning and Analysis Cell, Indias refined petroleum product imports fell by 25.5% Y-o-Y in March 2026
India to monitor Boeing fuel-switch test tied to Air India London incident, documents show
The testing, deemed sensitive by Indian officials, highlights the switches on Boeing Dreamliners that control jet fuel flow, as investigators fin
Railway Minister Ashwini Vaishnaw stated that the Arakkonam-Chengalpattu Doubling Project will play a significant role in easing congestion on th
Airlines plead with oil majors to postpone jet fuel hikes
The proposal floated by airlines including Air India, IndiGo and SpiceJet is being considered by the refiners, sources said
Govt debunks rumours on temple gold monetisation, rejects gold bond claims
The Government of India has dismissed rumours about monetising temple gold, stating that no such proposals exist. A press release highlighted the
AI-powered early warning systems are changing credit risk management
AI-powered early warning systems are transforming credit risk management by analyzing real-time data to identify financial stress. These systems
Gold prices today moved higher as softer crude oil prices and a weaker dollar lifted bullion demand, while investors tracked MCX gold futures and
Coal gasification can raise India's resource security amid decarbonisation uncertainties: Report
As per the report, India's steel sector continues to stand as the fastest-growing steel market globally, with demand projected to expand by 7.4%
Delhi taxi drivers' unions to go on 3-day strike from May 21 demanding fare hike
The unions said a protest will be held at the Delhi Secretariat as well on May 23
How alumni health plans differ from individual insurance policies
Alumni or affinity health plans are a supplement, not a substitute, for your primary cover.
Unlearnt lessons: On Indias inadequate strategic petroleum and gas reserves
Indias inadequate strategic petroleum and gas reserves stand exposed
PM Modi invites Norwegian companies to invest in India
Modi emphasised opportunities in clean energy, manufacturing, shipbuilding and health sectors, while urging stronger bilateral cooperation
ITR filing 2026: What salaried employees should check in AIS and Form 26AS before submitting returns
As the ITR filing season for 2026-27 begins, salaried employees must review their AIS and Form 26AS for accurate income reporting. The ITR deadli
UPI ID blocked due to cybercrime complaint? Heres how to recover your account and restore access
UPI remains the top payment method, but rising cybercrime cases may lead to account suspensions, despite the user being innocent. Here are the st
MPEZ approves new projects worth 450 crore in Tamil Nadu
These sectors include IT/ITES, nutraceuticals, warehousing & logistics, engineering services, and footwear, further accelerating industrial growt
Airfares across domestic, international routes rise sequentially since March
According to data shared by Wego, international ABVs increased significantly from approximately 22,700 in February to over 32,600 in May
High equity taxes, alongside foreign institutional investor outflows, geopolitical tensions, and elevated oil prices, weigh on market sentiment a
I asked ChatGPT how to spend money guilt-free? AI suggests me the concept of Anti-Budget. Check the comprehensive plan as suggested by artificial
Soluble Fertilizer Industry Association launches Research Contest for academic community
This is to encourage innovation in plant nutrition, foster scientific research, and promote the development of new technologies in the field
What NRIs should know about gift received from grandparents
While ITA 1961 did not expressly clarify whether the term covered maternal as well as paternal relatives, there are judicial precedents supportin
How credit card interest works: Even a 100 unpaid bill can hurt your pocket
Credit cards allow users to borrow money up to a limit, offering convenience and rewards. They provide an interest-free period if the full balanc
Zero balance savings accounts for kids: Top five banks where you can save your childs pocket money
Parents can teach children the value of saving with zero balance savings accounts from various banks in India. These accounts offer features like
Wait for next GST Council meeting continues
Experts flag disruptions in reforms momentum
Industry must aim for import-substitution, gear up for $1 trillion export target: Goyal
Industry must look at import data put up by the Commerce Department on its trade portal to identify opportunities for local manufacture and subst
Ground staff strike in Mumbai hits Air India flights, 15 flights delayed
A senior executive of AI Airport Services Limited whose workers went on flash strike said the management will discuss the demands with staff memb
India buys Russian oil irrespective of US sanctions or waivers
Petroleum ministry says purchases driven by commercial logic, not waiver or no waiver
Chandrababu Naidu asks Centre to resolve crises faced by aqua, tobacco farmers
While the aqua sector is struggling with new US tariffs and falling domestic prices, the tobacco industry faces a sharp decline in sales and pric
Indian scientists create worlds first AI-designed gene editor for crops
While a US company had earlier developed a similar AI-designed system for human cells, this is the first successful demonstration in plants
Why finding the right insurance agent matters as much as choosing the best policy
While aggregators may be cheaper, a dedicated agent provides vital advocacy during claim disputes and disclosures. But since commission structure
Rising milk, petrol and vegetable prices: Does this justify a higher DA hike in July 2026?
Rising milk, vegetable, petrol and CNG prices have intensified inflation concerns across the country, increasing expectations of a reasonable Jul
Want better returns than FDs? Here are top five government-backed schemes you can consider
Bank fixed deposits are favored by risk-averse investors for stable returns. However, if you are seeking alternative schemes that are backed by t
BEE showcases Indias low-energy housing model in Baku amid energy conservation push
The initiative reflects the governments effort to treat energy efficiency as an economic strategy rather than a stand-alone environmental program
ITCs high-value spice cultivation benefits over 31,800 spices farmers
Facing layoff anxiety? Discover exactly how much emergency fund you need to survive job loss on a 10 LPA salary. A practical 3-to-6 month financi
GMR Hyderabad International Airport commissions cargo terminal 2
Spread acrossan area of 16864 sq. m, the new terminal has been engineered for operational efficiency and long-term scalability
Teenagers gain independence and now no longer need to borrow their parents phone, ask for OTPs, or send QR, Paytm said. Here is step-by-step guid
Best term insurance plan 2026 guide: 5 key factors to check before you buy
Best term insurance plan selection guide covering key factors like adequate coverage, claim settlement ratio, riders and insurer reliability for
FCI to raise 50,000 crore short-term loan for foodgrain operations
Tenders submitted in this regard will be opened on May 22; Total borrowings under the tender will not exceed 75,000 crore
India-EU FTA to create new opportunities for industries, investors, innovators: Modi
India holds tremendous potential for collaboration with Sweden in high-tech sectors such as AI, health-tech, green mobility
Sikkim govt rolls out odd-even vehicle restriction norm to save fuel
The implementation came after Prime Minister Narendra Modi appealed to people to reduce fuel consumption and spend more wisely in view of the Wes
CGHS dependency rules revised introduce a one-time irreversible choice for male employees between parents or in-laws, clarifying eligibility, inc
New fuel-efficiency rules, global testing systems could raise car prices, lower mileage
Starting April 1, 2027, the government will replace Indias Modified Indian Driving Cycle (MIDC) with a stricter global testing system and tighten
Why Agroforestry is key to Indias twin goals of carbon reduction and farmer income growth
With sustained policy support and private investment, agroforestry could become central to building a more resilient and future-ready agricultura
Urban areas to contribute 70% of India's GDP growth by 2036: Report
According to the report, Urban areas' contribution to India's GDP by 2036 is projected at 70%, underlining the growing importance of cities in In
The soldier who fought for 29 extra yearsand the investors doing the same
What the West Asia war, a fragile ceasefire and a volatile Nifty reveal about oil shocks, margins and investor psychologyand why waiting for cert
MCX gold prices fell on Monday morning as rising crude oil prices boosted the US dollar index. A stronger dollar made gold costlier for buyers us
Sabari Rail: An answered prayer?
Revived rail project promises improved access to pilgrim town and agro-industries in Keralas central Travancore region
Global rice prices poised to gain on deficit, geopolitical crisis and weather concerns
Production projected to drop by 5 million tonnes, while consumption could rise by 3.8 million tonnes
Bought your first commercial vehicle? Heres how insurance works
For small logistics businesses, even brief vehicle downtime can hit cash flow. Heres how light commercial vehicle insurance worksand which covers
ITR: Income-Tax department notifies all forms for AY27 Here's how you can file your returns online
The Income-Tax department has notified all ITR forms for AY2026-27 and made excel utility for ITR-1 and ITR-4 for available to taxpayers. Here's
PPF Calculator: How 12,500 monthly investment can build tax-free corpus in 15 years
One of the biggest advantages of the PPF scheme is that it provides a combination of capital protection, guaranteed returns, and tax exemptions
SIPs: We explain how much monthly investment of 5,000, 10,000 or 15,000 can yield for you. Investors can build wealth and gather a retirement cor
Auto exports jump 38% as Indian firms gain ground in emerging markets
Aprils sharp 38% jump in vehicle exports suggests Indian automakers are increasingly turning overseas markets into a key growth lever at a time w
Before takeoff: South, West Bengaluru see land frenzy over second airport plans
Among the emerging corridors, the Kanakapura RoadHarohalli belt has witnessed the sharpest movement so far, aided by stronger residential infrast
Public provident fund: Here's how monthly deposit of 10,000 per in your or your child's PPF account ( 1.2 lakh annually) can earn up to 5.40 cror
India taps Oman to rescue $11.8 billion food exports to West Asia
Avoiding Hormuz blockade, New Delhi looks at utilising Omani ports and land bridges to bypass high-risk maritime zones
PF Balance Check: How to know whether EPF interest has been credited
EPFO members can easily download their EPF passbook online and verify all account transactions
Discrepancies in CIBIL report How to correct credit score error?
A borrower must identify and document all credit score errors. Download credit report from CIBIL or another bureau and carefully review all entri
What happens to your credit score if you miss EMI payment? Penalty and recovery strategy explained
The credit system does not differentiate between the reasons behind a default, whether it results from travel expenses, temporary cash shortages,
EPFO is looking to automate final provident fund withdrawal claims to expedite money transfer to applicants' accounts and plans to allow auto-tra
The 8th central pay commission is consulting with stakeholders ahead of its recommendations that will significantly impact salaries of central go
The Income-Tax Department has enabled Excel Utility facility for forms ITR-1 and ITR-4 for taxpayers filing returns for AY2026-27 (i.e. FY2025-26
Wondering why your bank just reduced your credit card limit? These could be the reasons behind it
Understanding the underlying triggers and practicing consistent credit management can prevent abrupt changes in credit card limitand protect your
Retirement planning: We asked experts how much corpus a 27-year-old newly married couple, living and working in Mumbai, will require to meet long
Goldman Sachs flags rise in global steel prices, subdued China production
Global long steel prices also saw gains during April.
India, key oil buyers likely to seek transit deals with Iran: Moodys
Moody's said the transit flows will gradually improve, but through bilateral channels rather than a general reopening.
Day-one newborn cover: what insurers dont tell you
Given the lack of standardization in maternity and newborn insurance products, careful comparison and close scrutiny of policy wording remain ess
Credit card blocked? Follow these 5 simple steps to unblock it quickly
Blocked credit card problems can interrupt urgent transactions, but checking bank alerts, clearing pending dues, and contacting customer support
Undisclosed cash, gold or investments? Pay up to 78% tax under income tax rules
There is no legal limit on the cash that you can keep at home. But you should explain how you got it and it should be through legal means.
Gold, silver rates today: Gold and silver prices declined on the MCX on Friday morning, May 15, pressured by a stronger US dollar amid rising cru
Brickwork Ratings stated that with crude prices expected to remain above $100 per barrel in 2026 and the rupee under pressure near 95/USD, PM Mod
What are gold-backed stablecoins and can they become the future of digital gold investing?
As gold prices rise amid West Asia tensions, India increases customs duty on gold to 15% to conserve foreign exchange. With gold imports hitting
Delhi-NCR gets its second CNG price hike in 48 hours. Here is the latest rate
CNG in Delhi will cost 80.09 per kg, while consumers in Noida and Ghaziabad will have to pay 88.70 per kg, following the latest revision.
NSE's Electronic Gold Receipts: What are EGRs and what is in them for gold buyers?
EGRs give people the option to convert their physical gold into electronic format, hold it and enjoy the upside in gold prices, and later sell it
The market crisis where 'this too shall pass' doesn't work
For thirty years, I have told readers to ride out every crisis. The US-Iran war is the exception, and the reason matters more than the news itsel
Bank holiday next week: SBI, HDFC, others closed on these days between 18 and 24 May; check here
Private and public sector banks in India will observe two holidays next week, on May 23 and 24, as per RBI's schedule. Customers are advised to c
Nasdaqs round-the-clock trading dream sparks debate over when markets close: What SEC suggests
The SEC has approved Nasdaq's proposal to expand trading hours for NMS stocks and ETPs to 23 hours, starting December 6. This change aims to meet
Taxpayers with foreign investments must disclose them in Schedule FA when filing income tax returns. Resident and Ordinarily Resident taxpayers a
India invites Dutch firms to design and manufacture, says PM Modi at CEO roundtable
Speaking at a CEO Roundtable in the Netherlands, he said India contributes 17% to global growth and is driving reforms across key sectors includi
Transport allowance exemption for employees: Who can claim tax relief of up to 1.80 lakh a year?
The tax exemption for transport allowance has been revised, offering higher limits for disabled employees starting FY 2026-27. This change aims t
Govt restricts silver barimports after steep duty hike
Instead of automatic imports, government authorisation now mandatory for shipments
India loses 430 kb/d of LPG imports during MarchApril amid supply disruption
Around 3.4 billion people across the developing world use LPG as their primary source of energy for cooking
