A wave of hope is rising among teachers in Uttar Pradesh as the government prepares to review a long-pending demand regarding the Old Pension Scheme (OPS). Thousands of basic teachers, especially from the BTC 2004 batch, may soon receive the benefit of the old pension, offering them long-awaited financial security.Decision Expected on April 22 A high-level meeting … Read more
MUMBAI: Non-bank lender Mahindra Finance on Tuesday reported a 9 per cent decline in standalone profit to Rs 563 crore in the March quarter. The Mahindra Group’s financial services arm had posted a net profit of Rs 619 crore in the year-ago period. Its core net interest income grew 9 per cent to Rs 2,156 … Read more
MUMBAI: Rallying for the fourth consecutive session, gold futures contracts expiring in August, October, and December on the Multi Commodity Exchange ( MCX ) topped the Rs 1 lakh/10gram mark on Tuesday. In spot markets around the country, the precious metal was trading just under that mark. The upsurge in the yellow metal’s rate came … Read more
Emerging and developing economies (EMDEs) accounted for over 80% of the growth in global energy demand, with China and India being major contributors as global energy-related carbon emissions rose 0.8% to a record-breaking 37.8 Gt in 2024 as energy demand surged 2.2%, according to report from Kotak Institutional Equities. However, the silver lining was that … Read more
The government’s 12% safeguard duty on five categories of imported steel products is likely to create significant price distortions in the domestic market, according to a new report by the Global Trade Research Initiative (GTRI). The move, aimed at protecting domestic manufacturers from import surges, could end up hurting small businesses and raising steel prices, … Read more
China on Monday warned other countries against making trade deals with the United States to China’s detriment. Governments including those of Taiwan, Japan and South Korea have begun negotiations with Washington after President Donald Trump announced sweeping tariffs against almost all of America’s trading partners on April 2. The import taxes were quickly paused against … Read more
The Adani Group plans to invest an additional $10 billion (Rs 1000 crore) to build data centers in India, riding high on the growing demand for artificial intelligence and business process-led services, reported Bloomberg. The Group has identified Andhra Pradesh, Maharashtra, Gujarat and Tamil Nadu as possible locations for two data centers of about 1 … Read more
The Economic Survey of India, 2024-25, estimates the country’s real GDP (gross domestic product) growth for FY2025-26 to be in the range of 6.3-6.8%, which is much lower than last year’s Provisional Estimate growth of 8.2%. The jury is still out on whether this represents a structural decline or a blip – the growth expectation … Read more
The central government last month announced a 2% hike in dearness allowance (DA) and dearness relief (DR) to 55% for around 1.2 crore central employees and pensioners. This 2% DA raise was the lowest in the last 78 months. But now, a further drop in inflation in the first three months of this calendar year, … Read more
Bitcoin price on April 21, 2025, is recorded at USD 85,051.73 at 03:11 AM IST. Yesterday, the BTC price was at USD 85,249.89 at 08:49 AM IST. It later dropped to USD 84,582.084 by 02:52 PM IST. The Cryptocurrency saw a brief high of USD 88,000 last month, but that level was for a brief … Read more