If you think that every rupee deposited in a bank is completely safe, then think again. Even if your savings account is protected, there is a limit behind it—and this limit can be very important to you. In 2020, the government made a major change for bank account holders, which is important for every depositor … Read more
Fintech company Infibeam Avenues on Monday reported 15 per cent sequential decline in profit from operations in the January-March period (Q4) to Rs 54 crore, from Rs 64 crore in the December quarter (Q3). The company said in a stock exchange filing that its income from operations stood at Rs 1,160 crore in the March … Read more
India’s benchmark jumped 230 points on Monday, driven by a strong mix of positive triggers, and briefly crossed the 25,000 mark for the fifth time in eight sessions. However, the bulls have struggled to sustain momentum, with the index managing to close above this key level on only two occasions in 2025. Can they reclaim … Read more
The Pension Fund Regulatory and Development Authority has introduced the (UPS) to provide additional benefits to subscribers who retired under the (NPS) on or before March 31, 2025, and their legally wedded spouses. Unified Pension SchemeThe Unified Pension Scheme (UPS) is introduced by the Central Government as an option under the National Pension System (NPS) … Read more
Tata Starbucks , the joint venture between Tata Consumer Products Ltd (TCPL) and US-based Starbucks Corporation , reported a net loss of Rs 135.7 crore in FY25, widening from Rs 82.16 crore in FY24, according to TCPL’s latest annual report. The company saw its revenue from operations rise by 5 per cent to Rs 1,277 … Read more
Mumbai: Substantial gains from US dollar sales and interest income from securities prompted the Reserve Bank to announce a record Rs 2.7 lakh crore annual dividend to the central government, according to analysts.The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to the government for FY25, helping the exchequer to tide … Read more
Pakistan is dedicating 2,000 megawatts (MW) of electricity to facilitate Bitcoin mining and artificial intelligence (AI) data centers. The move is part of a larger plan to convert the country’s excess power generation capacity into money-making enterprises. The idea is to generate high-tech jobs, draw foreign direct investment (FDI), and increase government revenues. Initiative follows … Read more
New Delhi: The US, despite reporting a USD 44.4 billion trade deficit with India, runs a USD 35-40 billion overall surplus when revenues from education, digital services, financial activities, royalties, and arms trade are factored in, economic think tank GTRI said on Monday. It said for India, this means it has every reason to walk … Read more
India’s exports of petroleum products declined by 12.5% in volume terms to 4.2 million tonnes in April, compared to 4.8 million tonnes in April 2024, according to data from the Petroleum Planning and Analysis Cell. The decline in petroleum products exports during last month were mainly due to a decrease in exports of high-speed diesel … Read more
By Ashok Gulati & Ritika Juneja, respectively distinguished professor and research fellow, ICRIER In a year marked by shifting tariffs by the Trump administration and global geopolitical tensions, India’s trade performance faces many challenges. While the India-UK free trade agreement (FTA) has been concluded, the bilateral trade agreement (BTA) with the US is still under … Read more