IIFL estimates the scheme could unlock 2.55 trillion in additional credit amid global headwinds.
June 2026: Prominent small finance banks offer FD rates of up to 8.10% check details
Amid global market volatility, small finance bank fixed deposit (FD) rates of up to 8.10% can offer stable returns. Compare tenure, tax impact an
Dearness Allowance: Today we explore why DA and fitment factor decisions are significant when it comes to deciding how much salary and pension hi
Mid-caps beat large-caps over 20 years; here's the hidden cost of outperformance
Mid-caps delivered stronger long-term returns than large-caps over the past two decades. But the outperformance came with significantly longer an
Cancer: NPPA raises price cap on key drugs amid shortage
Patients in India have been grappling with shortages of platinum-based cancer drugs cisplatin and carboplatin, as hospitals, especially governmen
Over 60% chances of Super El Nino developing by winter, says US weather body
US National Weather Service says sea surface temperatures could exceed the super El Nino threshold by winter, declares El Ninos onset
Bangladesh wheat tenders stiff norms likely to keep Indian exporters out
Quality specification will be tough for Indian shippers to meet in the tender that opened today and closes on June 24; New Delhi prices are highe
India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports
It is willing to let the budget gap widen to 4.8% of GDP, up from a 4.3% target for the fiscal year starting April 1, according to the report
On 12 June, gold prices rose amid peace deal hopes in the Middle East conflict, with MCX gold trading at 1,50,320 per 10 grams. US President Trum
Govt rations diesel sales at retail outlets
Oil marketing companies and retail outlet dealers shall ensure compliance with the restrictions imposed under Section 3 and prevent their circumv
Manish Kumar linked the decline to a number of factors, including rising living costs and demanding work cultures. He cited the example of a Delh
Elon Musk's SpaceX had a bumper $75 billion IPO and is set to propel the world's richest person into trillionaire status. Here's a look at whethe
Who really makes money during a boom?
Why identifying a theme is only the beginning of successful investing.
Bengaluru woman loses 98.4 lakh in digital arrest scam: 5 ways to protect yourself
A shocking digital arrest scam cost a Bengaluru woman 98.4 lakh after fraudsters posed as police officials. Know five warning signs to avoid cybe
Wealth management for women: 4 smart strategies to tackle key financial challenges
Financial independence starts with smart choices. Wealth management for women becomes easier through disciplined investing, retirement planning,
Smart financial protection meets savings with ABSLI Anmol Akshaya, a goal-based plan by Aditya Birla Sun Life Insurance that offers wealth creati
Air India Ahmedabad crash report may take a few more months to complete: sources
Final investigation report likely in two-three months time; probe on track, say sources
France invites top priority partner India to all six sessions of G7 meet
PM Modi to attend summit in Evian, discuss defence deals, innovation partnership
Indias horticulture production rises to 378 mln ton in 2025-26, says Govt
Higher yields and marginal increase in acreage drive output growth
Trade sees Indias 2026-27 cotton carry-forward stocks 42% up at 85 lakh bales on higher imports
Imports rise 32 per cent till May. With duty exemption total imports may top 60 lakh bales
UDAN seaplane service to Lakshadweep likely to begin June 22
SkyHop Aviation set to launch Kochi-Agatti operations; Civil Aviation Minister expected to inaugurate service
Capex by CPSEs, Railway Board, NHAI touched over 17% in April-May
Over 1.44 lakh crore spent in two months of FY27; GAIL (India) tops the table
J&K eyes Clean Health Plant Institution to improve quality of horticulture planting material
We are working to establish a Clean Plant Centre that will supply disease-free planting material to growers, says Jammu and Kashmir Agriculture P
Wheeled construction equipment sales fall 17.5% in May; JCB expands market lead
Industry sales in May 2026 declined nearly 20 per cent sequentially, indicating a broad-based demand moderation in the segment
The bank lowered forecasts for two-thirds of countries as a result of the war, with the biggest cuts affecting the United Arab Emirates, Iraq and
Missed filing income tax returns for years? How to use ITR-U to clear your backlog
To help taxpayers catch up on missed filings or report previously unrecorded income, the government introduced the Updated ITR (ITR-U) framework.
Can missing 15 trading days over 27 years cost investors 1.9 crore? The data says yes
FundsIndia analysis shows that missing just 15 trading days over 27 years would have cut a 2.84 crore corpus to 95 lakh. The data highlights how
Tax-loss harvesting explained: Key things mutual fund investors should know before booking losses
Tax-loss harvesting can help mutual fund investors offset capital gains and improve post-tax returns. However, experts say investors should stay
LTCG: How to save long-term capital gains tax key exemptions and errors explained
Sections 54, 54B, 54EC, and 54F represent the most effective pathways to claim these tax reliefs, tax experts say.
Air India crash probe not fair, key evidence not being followed: Pilots body
The pilots body alleged that key evidence, including aircraft communication data and technical factors, has not been adequately examined
El Nino has set in, Positive IOD likely by July, says Japanese weather body
Positive IOD emergence may partly offset South-West Monsoon risks from El Nino
What financial decisions do people regret at 50? I asked ChatGPT; and, it was an eye-opener
At 50, people often regret financial decisions that hinder their long-term freedom and relationships, according to ChatGPT.
Akasa Air launches SkyCadet pilot training programme to build future-ready aviation workforce
The initiative, developed with approved Flight Training Organisations, aims to strengthen Indias pilot pipeline amid rapid growth in the aviation
Fund of Funds explained: Meaning, types, benefits and limitations you must know
Fund of Funds (FoFs) are a type of mutual fund that does not invest directly in stocks, bonds, or other asset classes. Instead, they invest in ot
After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. If yo
What changes in ITR-3 for F&O traders?
The revised tax form mandates split reporting of derivatives turnover and profits, improving AIS-based data matching and raising compliance press
A crucial phase begins as the 8th Pay Commission advances consultations and extends submissions, while fitment factor demands gain momentum ahead
Income-Tax Returns: The presumptive taxation scheme simplifies I-T compliance for small businesses, professionals, and freelancers by allowing th
India likely to boost urea imports beyond 17 LT as tender prices plunge over 50%
Lowest bids fell below pre-Ukraine-war levels, prompting the government to consider expanding purchases if suppliers match L1 rates.
Concerned about their dependency on EMIs for ordinary expenses, a salaried individual seeks an analysis of his financial habits. ChatGPT obliges.
India closely monitoring incident involving vessel off Oman port
Mission says it is coordinating with local authorities for details as tensions remain elevated in the Gulf region.
Centre likely to extend 500-crore loan support to Pawan Hans
Government examining 10-year funding proposal as helicopter operator advances fleet expansion and new business plans
Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu, Uttar Pradesh Check the full list of states that have announced DA hike
IndiGo issues travel advisory for West Asia, urges passengers to check flight status
IndiGo is monitoring developments and coordinating with authorities, prioritizing the safety and well-being of passengers and crew
Indias economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMI
Expects rupee to trade in the range of 95.1 against the US dollar this calendar year
Want to triple your money? Understanding the Rule of 114 and how it works
The Rule of 114 helps estimate when your money could triple through compounding, while other popular personal finance rules can support smarter i
Portfolio obsession: when constant monitoring hurts returns
Patience and letting the portfolio be may look like inaction. But that may be the best action for the health of ones wealth
India eyes green trucking, operators ask: who pays?
Transporters say they are being asked to replace 3545 lakh diesel trucks with electric vehicles costing up to 1 crore, while customers negotiate
Why Indias hydrogen trucking push is still stuck in first gear
Indias plan to shift long-haul trucks to green hydrogen is running into a harsh commercial reality: the fuel still costs too much, refuelling inf
CBDT issues ITR scrutiny guidelines for FY27; these 6 cases will face mandatory checks
The CBDT has identified six categories of cases that will be compulsorily selected for complete scrutiny during FY 2026-27. According to the guid
bl interview: Global trade networks can help businesses navigate a fragmented world
The Railways Senior Citizens Welfare Society has submitted demands to the 8th Pay Commission, emphasising fair pay structure, minimum pay based o
Two Indian sailors dead, chief engineer missing after attack on vessel near Hormuz: Seamen's Union
General Secretary of the Seamens Union said US naval forces were aware of the nationalities of those onboard the vessel and that detention could
Monsoon momentum shifts east; rains may revive over west coast during June 22-23
Incoming spell may unfold with heavy rain over Coastal Karnataka and Goa and northward across Konkan, Mumbai and south Gujarat up to Surat
What intrigued social media users even more was Pooja's claim that the swimming pool owner earns from the same resource in more than one way.
Frozen bank account access can disrupt daily finances. Understand common reasons, required documents, timelines, and practical steps to unfreeze
India fertilizer offers sink in sign of easing supply strain
National Fertilizers, a state-run producer that also imports urea received offers between $444.90 and $617 a tonne, according to people familiar
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Sunday presided over a meeting of the Finance Department and reviewed the financ
Electronic manufacturing services market in India may grow 3x to $150 billion by FY30: Report
Indias Electronics manufacturing services (EMS) market has scaled rapidly to around $40-45 billion in FY25, according to a KPMG report
Hidden credit report errors can hurt your credit score: Here are 5 ways to dispute them
Spot hidden credit report disputes before they harm your credit score. Correcting errors promptly improves creditworthiness, protects your financ
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Thursday, 11 June 2026. Check the price of 18K, 22K and 2
A corporate employee working remotely relocated to Manali and shared his living costs. His experience sparked discussions online about the afford
What you must know when gifting money to your child in the US
A family gift may be tax-neutral, but it is not compliance-neutral. Proper documentation, LRS compliance and timely US reporting can prevent a ge
Not transferring your PF when switching jobs could cost you tax-free withdrawal benefits Here's why
Transferring your EPF balance when switching jobs is essential for maintaining tax benefits and continuity of service. Unlinked accounts can comp
Iran conflict pushes global container shipping prices to near double levels
Industry experts say freight rates are increasingly reflecting energy risk, particularly disruptions linked to the Strait of Hormuz, a key global
India summons US envoy over strike on vessel off Oman coast, 3 Indians missing
According to official statements, the vessel Settebello was struck during operations linked to US enforcement actions against ships allegedly vio
Fintech firms PhonePe and CRED are testing credit card rent payments with select users, potentially relaunching the feature next month after regu
Govt denies import ban on Indian mangoes by Nepal
Since January 2026, India has been sending over 2,000 tonnes of mangoes across the border, with 18 shipments just this June
After rice, China turns up heat on Indian red chillies
Largest buyer rejects some consignments, suspends three Indian firms for presence of methamidophos residue
APEDA to park maximum fee in FDs from non-Basmati export development fund
This decision comes after they raked in 9.66 crore from rice exporters between September 2025 and April 2026
ELSS funds see 650 crore outflow; are tax-saving mutual funds losing relevance?
According to data released by the Association of Mutual Funds in India, ELSS funds recorded net outflows of 650 crore in May, marking the fifth c
Centre pushes States towards PNG as PSU OMCs losses from LPG surge
Govt estimates the loss per domestic LPG cylinder at 690 which could translate into a cumulative loss of 1.38 lakh crore on an annual basis if th
Modi government raises agriculture budget five-fold to 1.4 lakh crore in 12 years
The official booklet highlights key farm initiatives such as PM-KISAN, fertiliser subsidies, MSP procurement, crop insurance, organic farming, di
The 7 lakh tax rebate from the Union Budget 2023 aimed to ease the tax burden on middle-income earners but it also led to a shift in investment p
Rising living costs push Indian professionals to prioritise job security and flexible careers
A new Indeed survey shows many workers are exploring side incomes and considering moves to Tier-2 and Tier-3 cities as housing and commuting cost
ECLGS 5.0 guarantees cross 1 lakh mark with 48,484 crore coverage in a month
The scheme aims to provide 2.55 lakh crore additional credit support to borrowers impacted by liquidity challenges from the West Asia crisis, wit
From Khorasan to Kashmir, saffron prices surge amid global supply squeeze
Traders in the Valley also sell Iranian saffron, as production in Kashmir has declined significantly
Telangana tenant farmers want loan eligibility cards
This will give them access to institutional credit and all government schemes
ITR filing AY 202627: Difference between ITR-1 and ITR-4 who should file which form?
ITR-1 is generally filed by salaried individuals or pensioners, while ITR-4 is meant for individuals earning income from business or profession.
How to file a complaint in consumer court and seek redressal Step-by-step process explained
Consumers who are unsatisfied with a product or service can file complaints in consumer courts, provided they have necessary documents and the se
Govt approves 22 new applicants in Round-III of Textile PLI Scheme; 12,822 cr investment committed
Newly approved companies include those from Man-Made Fibre (MMF) Apparel, MMF Fabrics and Technical Textiles segments
Monsoon stalls along coast, rain deficit deepens over west India
Mumbai misses date for tryst with monsoon on Wednesday (June 10) while forecasts suggest it may have to wait for a few more days
Death doesn't end income tax liability: Who is responsible for paying a deceased person's tax dues?
Tax obligations of a deceased taxpayer remain, requiring legal heirs to file returns and settle dues. Under the Income-tax Act, liability is limi
Women-led development can boost India's GDP growth by 2-3%, says Hardeep Puri
Hardeep Puri highlighted womens reservation, government welfare schemes, and energy security measures as key pillars of the Viksit Bharat vision.
SAEL Industries commissions 14.9 MW agri waste-to-energy plant in Rajasthans Bhadra
The facility will process agricultural residues, including paddy straw, mustard stubble and cotton stalks
8th pay commission: From submission of feedback and memorandum from employee representatives, job applications for consultant posts, and the sche
Will AI take jobs? Vijay Kedia points to refrigerators, electricity and highways for answers
In a post on X on 9 June, Vijay Kedia addresses the common concern that AI will take jobs. The ace investor says history suggests a different pos
Pharma exports to clock $50 billion by 2030: Ministry official
Affordability Indias key strength in pharma export market, says Mohit Yadav, Joint Secretary, Department of Commerce
No overcapacity in textiles, steel sectors in India: DGTR
India rejects US trade representatives allegations that structural excess capacity in its major industries had led to a trade surplus with the US
The 6-km extension will provide direct Metro access to the airport, which has remained outside the citys rail transit network despite the rapid e

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