As Russian discounts fall to below $5 per barrel, GRMs of India public sector OMCs have already declined by about 80% in FY25 from the highs recorded in FY24.

Sebi brought in new rules under the PMS (portfolio management services) regime for co-investments in 2022. A key reason to regulate co-investors was to ensure that all AIF investors had identical termsmeaning a co-investor cannot have more favourable terms than other investors of an AIF.

Indias agriculture sector, employing about 42.3% of the population and contributing 18.2% to the GDP, faces challenges such as climate change, inconsistent crop yields, and lack of adequate modernization.

CCI's order barred WhatsApp from sharing user data with other Meta companies, citing violations of competition law. However, under India's new digital personal data protection law, it is the Data Protection Board of India which regulates matters on data sharing.

Private bankers are ballooning in headcount, and their salaries, too, are skyrocketing as demand shoots through the roof and they jump jobs as well

Onion prices tend to rise during August and remain elevated through October and November, coinciding with the festive season. At this time, the government steps in to release stocks held by Nafed and NCCF.

Consolidated gross stage 3 assets ratio worsened to 3.23% as of December from 3.19% a quarter ago. Profit fell 2% over a year earlier.

In 2020, the Chinese-owned video-sharing app faced an exodus of users after the Indian government banned it following clashes between Indian and Chinese military officials along the border.

The import of refurbished medical deviceslargely high-tech equipment like MRIs, CT scans, and surgery robotshas been a point of contention for the domestic medtech industry.

Yadav highlighted the significance of transitioning to a circular economy, which he described as an imperative for Indias future.

During his election campaign, Donald Trump had threatened tariffs of up to 60% on Chinese exports. If he imposes such high tariffs, Chinese exports to the US could fall by 85%. This output will find its way into other markets, including India. Thats bad news for Indian manufacturers. 

This credit card enables credit on UPI through fixed deposit-backed virtual credit card. It also offers 1 per cent cashback on the UPI transactions

You will be required to deduct tax at source at 12.5% (plus applicable surcharge and cess) on the long-term capital gains when paying the non-resident individual.

Rising attrition and fewer mega deals suggest underlying pressures for IT majors in Q3 despite growing net profit.

Government efforts to reduce tax disputes for small taxpayers have not succeeded, with pending appeals increasing significantly. Experts suggest reforms, including personal hearings for complex cases, improved staffing, and stricter deadlines to expedite resolution.

Personal loans offer instant cash for financial needs with flexible repayment and quick disbursal. Minimal documentation, often just an Aadhaar card, simplifies the process. These loans cater to salaried and self-employed individuals, making them accessible for small amounts like 5,000.

Co-branded credit cards offer exciting discounts and exclusive reward points for loyal customers of specific brands. They enable smart spending but should be used cautiously to avoid overspending and financial burdens. Consider the best options for 2025 while being mindful of credit card risks.

India's taxation framework focuses on individual income. Unlike other nations that integrate family structures into tax laws, India's system remains limited

Credit cards offer rewards and cashbacks, enhancing lifestyle without overspending. However, they come with annual fees. Waivers may be possible through spending thresholds, negotiation, or using reward points. It's essential to use credit cards wisely to avoid overspending and hefty bills.

Notable companies selected include Hindalco Industries Limited, LG Electronics India Private Limited, Voltas Limited and Blue Star Climatech Limited, which committed a combined additional investment of 1,173 crore.

Can a single tax rate modernise Indias tax system? Examining its potential to simplify compliance, ensure fairness, and boost economic growth.

Understanding credit cards can turn ordinary spending into rewards. Pay bills on time, use multiple cards for diverse benefits, and track rewards carefully to maximize financial advantages while being mindful of risks.

Personal loans: Banks tend to rely on e-KYC for a variety of services such as for giving approval of an instant personal loan

Some believe the right time to get a credit card is as soon as start earning, whereas others opine that you should apply for it only some after you are financially sound

Mutual Funds: Varun Goel of Mirae Asset believes Budget 2025 will likely see no significant changes. He highlights a positive outlook for IT and pharmaceuticals, and suggests that both active and passive funds serve essential roles in investor portfolios amid market consolidation.

Personal loan: When you prepay the loan, you can save yourself from interest burden. Although prepayment leads to some additional cost, this is one time payment and may be lower than the total interest payable in future.

The therapy can cost anywhere between $350,000 and $700,000 globally. While Immuneel has brought it down to about 51 lakh to 60 lakh, it is still prohibitive 

Once operational, the production of the two units will substitute imports of high-end steel required by the entire automotive sector, promoting 'Atmanirbhar Bharat' initiative, said ArcelorMittal Nippon Steel

Inability to provide accurate and timely diagnosis is one of the major contributors to the misuse and overuse of antimicrobial drugs.

The dialogue signals a renewed push to advance negotiations on the India-EU FTA, a pact that has faced hurdles over the years due to differences on issues such as market access, tariff reductions and regulatory alignment.

The steelmaker will commission its new $1-billion production line in March. Currently, car companies in India consume about 8 million tonnes of steel annually, nearly a fifth of which is imported, Ranjan Dhar, director and vice-president, sales & marketing, AM/NS India, said. 

To be sure, hospitals cannot deny treatment to a patient if they do not want an ABHA ID, as it is voluntary in nature.

As per the proposal, the government is considering to waive 50% of interest and 100% of penalties and interest on penalties, said the report

According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to 130 trillion over next 3-5 years. According to RBI norms, banks are required to maintain at least 40% of their adjusted net bank credit as priority sector loans.

Under the Liberalized Remittance Scheme, Indian residents are allowed to remit up to $250,000 annually. Platforms like Vested Finance, INDmoney, and Appreciate have leveraged this provision to simplify US stock and ETF investments.

The CII survey, which was conducted over the past 30 days, suggests that 75% of the respondents believe that the current economic environment is conducive for private investments.

As rising asset prices create a sense of financial well-being, many fall prey to the psychological trap of over-spending. But by adopting strategies to stay grounded, we can harness the wealth effect without letting it derail long-term financial health.

Planning to sell your house? Certain furnishing and interior expenses may help reduce your taxable capital gains, provided they qualify as cost of improvement.

IndusInd Bank CFO Gobind Jain resigns after 3.25 years to hunt for opportunities outside the private lender, as per the BSE filling. Whole-time director and Dy CEO Arun Khurana to take over on January 21.

The FTC study reveals that companies manipulate prices based on consumers' location, demographics, and shopping behaviors. This practice, termed 'surveillance pricing', involves tracking online activities to customize pricing for individual consumers. 

With Meta embracing community notes and YouTube resisting fact-checks, social platforms are pivoting towards user-driven truth verification.

Employees' Provident Fund Organisation (EPFO) launched a new facility on January 18, allowing members to change personal details without employer approval.

The AIF will only lend to financial services companies and is targeting an internal rate of return of 11% to 14%.

Income Tax: The new tax regime has made traditional tax-saving investments like PPF and NSC less appealing, encouraging diversification into higher-return options. However, some experts still consider these instruments relevant for conservative strategies.

Fixed deposits are ideal for risk-averse investors, with some banks offering over 8% interest. Northeast Small Bank tops the list at 9%. 

EPFO has simplified the provident fund transfer process for employees changing jobs by removing the need for online claims to previous and current employers.

The Cabinet has approved the formation of the 8th Pay Commission to revise salaries of Central government employees and pensioners. The commission is expected to be implemented by January 1, 2026, benefiting nearly 50 lakh employees and 65 lakh pensioners.

Bank holiday today: Banks will be open on January 18, 2024, the third Saturday of the month, as per the RBI calendar. 

Vinoba Bhave once said Jamnalal Bajaj was not merely a wealthy man but a man of wealth who knew how to use it for the service of the country and its people.

Speaking at the 17th edition of Mint Annual BFSI Summit on Friday, the HDFC Pension CEO said while financialization kept pace over the past five years, financial planning hasn't.