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Market demand playing key role in reviving nearly extinct mango varieties like Husnara, Ratol

Market demand playing key role in reviving nearly extinct mango varieties like Husnara, Ratol

1 Jun 2025 5:48 pm
Welspun Group sees strong US business despite US tariffs, expands into water management

Welspun Corp is benefiting from Trumps big support for the local US oil industry, which is is seeing a surge of investments. There is a huge demand for pipes, causing their prices to increase and Welspun Corp is doubling down on the business.

1 Jun 2025 5:38 pm
Will money crowdfunded from relatives, friends to pay medical bills be taxed?

Any amount received without consideration from a relative would not be taxable and is specifically exempt under section 56(2)(x) of the Income Tax Act, 1961.

1 Jun 2025 4:55 pm
Real estate players eye Edge Data centres; infra-ready Tier 2 Cities gains traction

The emergence of edge data centres has attracted real estate players due to the need for lower latency, real-time analysis, enhanced app performance, and business agility.

1 Jun 2025 2:30 pm
Parag Parikh Mutual Fund's Rajeev Thakkar turns to debt: Whats driving the shift in his personal portfolio?

The star fund manager says he wants to re-balance his personal portfolio, which has historically been skewed towards equities, as he is now in his 50s. He is also looking to build a separate corpus of 10 crore for post-retirement contingencies.   

1 Jun 2025 1:52 pm
Canara Bank scraps penalty on minimum average monthly balance for THESE accounts from June 1 onwards

Canara Bank has announced a waiver on average monthly balance requirements for all savings accounts starting June 1, 2025. This change aims to eliminate penalties and provide support to a diverse customer base, including NRIs and first-time users.

1 Jun 2025 1:19 pm
A new natural gas project off Senegal makes fishing communities feel threatened

A new natural gas project off Senegal makes fishing communities feel threatened

1 Jun 2025 10:56 am
Why historical data on withdrawal rate misleads Indian retirees

Indias retirees cant rely on historical returns like their Western counterparts. With falling asset returns, the safe withdrawal rate may be closer to 3% than the classic 4%.

1 Jun 2025 10:36 am
Bank holidays next week, June 2-8: Banks to be closed for 2 days in THESE cities; Check full list here

Bank holidays next week, June 2-8 : Banks in parts of India will close for two days this week for Kazi Nazrul Islam's birth anniversary and Maharana Pratap Jayanti. Notably, banks will be closed on June 1, 2025, but online banking services remain accessible during holidays.

1 Jun 2025 6:56 am
I-T department is cross-verifying claims in real time. You've been warned.

Taxpayers will be caught red-handed if they try to play smart while filing ITR.

1 Jun 2025 5:30 am
Can you claim the amount of joining bonus refunded to your employer?

Can you claim the deduction? Tax Expert highlights how there are no provision under the income tax laws to allow any deduction in case joining bonus is to be refunded to the employer. 

31 May 2025 10:32 pm
Bank credit growth falls from 19.5% to 9.8% in May 2025, says SBI report Here's how other sectors performed

Bank credit growth declined to 9.8% in May 2025, indicating a broader economic slowdown in credit demand across various sectors, including vehicle loans and services.

31 May 2025 2:10 pm
Bank holiday today: Are banks open or closed on Saturday, May 31? Check here

Bank holiday today: Banks will be open on May 31, 2025, the fifth Saturday of the month. As per the RBI calendar, banks are typically closed on the second and fourth Saturdays of the month.

31 May 2025 7:13 am
India to notify new rules to meet IMO's zero emission regulations; to get ports and shipping green compliant

These rules will transform ship design and operations, encourage green fuels, and enhance India's position in the global shipping industry, while aiming for significant reductions in carbon emissions by 2050.

31 May 2025 6:00 am
Govt slashes import duty on crude edible oil from 20% to 10% to reduce prices What it means for domestic industries

Govt cuts import duty on crude edible oils to 10 pc to bring down prices, protect local industry

31 May 2025 12:17 am
No 100% claims on food labels as it misleads consumers, says Fssai

Fssai says such terminology is not only undefined under current regulations but is also misleading and is likely to create a false impression among consumers

30 May 2025 11:14 pm
IndiGo gets one last time 3-month extension to lease Turkish Airlines aircraft

The DGCA clarified that a three-month extension has been granted to IndiGo for damp leasing two Boeing 777 planes from Turkish Airlines for one last time.

30 May 2025 9:22 pm
UPI Circle goes cross-platform: Here's how it works across BHIM, GPay and PhonePe

UPI Circle is a game changer for families navigating shared expenses and with interoperability among apps like BHIM, PhonePe, and GPay, users can now authorize trusted contacts to manage payments smoothly. Learn more about how this feature

30 May 2025 5:22 pm
InvITs look tempting. But are they right for you?

Are you a senior citizen, exploring InvITs for retirement income? Here's some expert advice on why these are not straightforward investments like fixed deposits and different from Reits

30 May 2025 4:28 pm
Latest stress test shows THIS about small cap mutual funds. Check details here

Mutual funds: Under stress test, fund houses are meant to examine the liquidity of portfolios under stress scenarios for their mid-cap and small-cap funds.

30 May 2025 4:18 pm
Applying for an ICICI credit card? Here's the credit score you should aim for

ICICI Bank generally prefers a credit score of 750+ for credit card approval, with options for lower scores or secured cards available based on individual credit profiles.

30 May 2025 4:03 pm
THESE new UPI rules for P2M transactions to come into effect from June 30. Check details

In case of peer to merchant (P2M) transaction where merchant bank and acquiring PSP is same, UPI will consider transaction status deemed acceptance as success in online and pass the response to the PSPs

30 May 2025 3:23 pm
United Airlines CEO says low-cost model is dead and he may be right

Go FIRST was possibly the last true LCC that operated in Indian skies, having a single fleet type. Akasa Air has taken that place eventually, though it has different configurations for planes and will continue to have a mix of MAX 8 and MAX 8-200 in its fleet.

30 May 2025 3:04 pm
7 key lessons from Ray Dalios Principles for Dealing with the Changing World Order

Ray Dalios Changing World Order explores the rise and fall of global empires, offering investors timeless principles to navigate economic cycles, debt crises, and geopolitical power shifts.

30 May 2025 2:25 pm
From EPFO 3.0 to free Aadhaar update & more: Key money rule changes from 1 June 2025 that could affect your wallet

June 2025, marks the implementation of various financial rules such as the EPFO 3.0 system for quick withdrawals, new TDS deadlines, and changes to mutual fund cut-off timings and credit card fees.

30 May 2025 2:24 pm
Karate Kid Legends: Hidden money lessons from the dojo to your wallet

Karate Kid Legends: As Xiao Li battles bullies and internal fears, he discovers crucial lessons about resilience and knowledge in martial arts and investing.

30 May 2025 2:17 pm
Investment of mutual funds in NSE firms touches a record high of 10 per cent: Report

Individual investors direct ownership dipped to 9.5 per cent, suggesting growing popularity of mutual funds as a preferred vehicle for equity investment by retail investors.

30 May 2025 2:08 pm
Gold loans or personal loans? What borrowers must know before choosing

Amid falling interest rates, it is prudent to compare gold loans and personal loans, highlighting key differences in interest rates, disbursal speed, eligibility, and risks to help borrowers make informed decisions.

30 May 2025 12:39 pm
1 crore personal loan sounds tempting? Check your eligibility with this rule first

When applying for a personal loan, the amount depends on the borrower's net monthly income and existing debts. Lenders offer varying limits, with some providing loans up to 1 crore. Maintaining a low debt-to-income ratio improves loan approval chances and interest rates.

30 May 2025 12:35 pm
What is revolving credit, and how does it affect your debt?

Revolving credit impacts personal finance significantly, allowing borrowers to access funds up to a limit and repay as needed. While it offers flexibility, misuse can lead to debt cycles and high interest costs. Responsible use is crucial for maintaining financial health.

30 May 2025 12:09 pm
Attention taxpayers! Excel Utility for ITR-1 and ITR-4 enabled check details here

The Income-Tax Department has enabled Excel Utility facility for ITR-1 and ITR-4 for taxpayers filing returns for AY2025-26.

30 May 2025 11:55 am
No Zepto, No Blinkit, No InstamartJust sanity: My 30-day detox changed everything

A 30-day break from convenience apps revealed their hidden costsfinancial, emotional, and socialwhile reconnecting the author with real-world routines and community. The experiment turned into a powerful reminder that mindful choices trump mindless ease.

30 May 2025 11:47 am
Education loan vs. personal loan: Which is better for funding your studies?

Beginning an academic journey often involves significant financial commitments. Personal loans offer quick access to funds but come with higher interest rates, while education loans are tailored for students with longer repayment periods and benefits like moratoriums.

30 May 2025 11:20 am
HSBC Visa Platinum Credit Card: Eligibility, documents and application process

Check out HSBC Visa Platinum Credit Cards eligibility, required documents, online application process, and top benefits like zero annual fee, fuel surcharge waiver, and global travel rewards.

30 May 2025 11:14 am
BSNL reports two straight profitable quarters after 18 years. Its auditor has some concerns

BSNL Ltd reported its second straight quarterly profit after 18 years. Yet, this was aided by accounting adjustments, non-core income and changes to how it reduces the value of its spectrum

30 May 2025 5:55 am
Centre eyes tighter customs rules to curb smuggling by import carriers

Import carrierswho may masquerade as regular Indian tourists going abroad, some may even have special privilegessmuggle in goods beyond permissible limits or which may be banned in the country.

30 May 2025 5:30 am
Iffco expresses concern over slow adoption of its nano-fertilizers

IFFCO launched the world's first 'Nano Liquid Urea' fertilizer in June 2021.

29 May 2025 11:42 pm
Tiny Guyana could soon become one of the worlds giant oil exporters

In 2015, 11 billion barrels of proven oil reserves were discovered off Guyana's coast, with a present value of over half a trillion dollars.

29 May 2025 10:41 pm
Insolvency board allows more flexibility in asset sale of bankrupt businesses

Amendments to the 2016 corporate insolvency resolution regulations published on Wednesday said the professional representative of creditors running the bankrupt business may invite debt resolution plans for the corporate debtor as a whole, or bids for sale of one or more of its assets or for both.

29 May 2025 9:45 pm
IndusInd Bank crisis: ICAI to review financial statements of fraud-hit private lender for FY24, FY25

IndusInd Bank has been embroiled in accounting lapses, fraud in microfinance portfolio and balance sheet disclosures during the March quarter of FY'25, which triggered an internal audit review, top-level resignations, and a forensics probe.

29 May 2025 8:50 pm
Wondrlab bets 30 crore on SaaS platform Hector to cut e-commerce chaos

Hector will help brands manage and optimise performance across e-commerce and q-commerce platforms by unifying fragmented data, offering real-time insights, and enabling campaign automation, positioning itself as a control centre for digital commerce growth.

29 May 2025 6:06 pm
How Zakir Khan, Bhuvan Bam and Kusha Kapila hit the big time

All digital creators aspire to make money and build careers through their social media content, but only a handful are able to do so. Zakir Khan, Bhuvan Bam and Kusha Kapila are among the few members of that tiny club. Read about how they did it.

29 May 2025 6:01 pm
Cyprus offers Syrian families money to resettle and work permits for main earners

Cyprus offers Syrian families money to resettle and work permits for main earners

29 May 2025 4:52 pm
RBI's balance sheet increases 8.2% to 76.25 lakh crore in FY25 on 33% forex boost

RBI's balance sheet increases 8.2% to 76.25 lakh crore in FY25. Increase on assets side was due to rise in gold, domestic investments and foreign investments by 52.09 per cent, 14.32 per cent and 1.70 per cent, respectively

29 May 2025 4:46 pm
Credit score basics: Whats considered bad and how to turn it around

Check out key steps to improve a poor credit score in India, covering payment discipline, credit mix, and monitoring to help borrowers access better financial opportunities in 2025.

29 May 2025 3:38 pm
Spirited Picks: What Indias alcobev insiders buy when they travel

From pechuga-style sotol to peaty Scottish malts, heres what Indias drinks professionals are picking up across borders.

29 May 2025 3:05 pm
Why has insurer denied death claim in father's debit card?

Active ATM usage doesnt qualify as an eligible transaction for debit card insurance claimsonly card swipes or online purchases count, a rule many users learn about only after a claim is denied.

29 May 2025 3:01 pm
Independent producers, boutique studios veer towards regional cinema for big gains

Producers find lower star fees and robust audiences in Gujarati, Punjabi, and Marathi films, leading to higher returns compared to Bollywood. 

29 May 2025 2:55 pm
How much does a breakup really cost Are you prepared for financial reality?

Breakups can be financially devastating, impacting shared expenses, impulsive spending, and joint assets. It's essential to budget for heartbreak, maintain transparency in shared costs, and prepare a 'Freedom Fund' for emergencies to mitigate the emotional and financial toll of a breakup.

29 May 2025 1:56 pm
Finance giants in Mumbai are coming hometo Worli

After being eclipsed by BKC and Lower Parel, Worli is re-emerging as Mumbais premium office hub. New infrastructure, limited supply elsewhere, and globally benchmarked towers like Altimus are drawing top firms back.

29 May 2025 1:29 pm