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New PF withdrawal rules: Big relief for first-time homebuyers as revised norms allow to withdraw…

The recent changes made by the government in the Employees’ Provident Fund (EPF) rules have come as a big relief, especially for salaried people who want to buy a house for the first time but have been finding it difficult to arrange for the down payment. Now, employees will be able to withdraw money from

Priya Nair is HUL’s first woman CEO and MD: Why her appointment could be a game-changer

Hindustan Unilever (HUL) has named Priya Nair as its next Chief Executive Officer and Managing Director. Her appointment marks a significant milestone in the company’s history, as no woman has held the top post at HUL before. She will take charge on August 1, replacing Rohit Jawa, who is stepping down on July 31. Jawa

Markets end the week muted: Nifty closes below 25,200, Nifty IT Index down 2%- 5 key highlights

Indian equity benchmarks ended Friday’s session on a weak note, extending losses amid selling pressure across sectors. The Sensex closed at 82,500.47, down 689.81 points or 0.83%, while the Nifty 50 settled at 25,149.85, falling 205.40 points or 0.81%. The Nifty Bank index also declined, ending at 56,754.70 with a drop of 0.35%. “The domestic

Is tax refund getting delayed? Know how to track, lodge complaint and get quick payment

The Income Tax Return (ITR) filing season for Assessment Year 2025-26 started a little late this time. Usually, the process of filing returns starts in April every year, but this year, there was a delay in releasing ITR forms and utilities from the Income Tax Department. By the end of May, only the utility of

TCS Q1FY26: Deal wins touch $9.4 billion, announces big investment in AI

Tata Consultancy Services (TCS), India’s largest IT services exporter, opened the financial year on a positive note, posting a nearly 6 per cent rise in its net profit for the June quarter of FY26. The company reported a Total Contract Value (TCV) of $9.4 billion in the first quarter of FY26, showcasing strong deal momentum

Jefferies top auto picks: Why M&M, TVS Motor and Belrise are bucking the slowdown?

As the auto industry of India enters the first quarter earnings season of FY26, the brokerage firm Jefferies in its latest report has highlighted a mix of optimism and caution about this sector. The brokerage has added Mahindra & Mahindra, TVS Motor Company, and Belrise Industries as its top picks. Let’s take a look at

EPF, NPS, PPF: How much should you invest in these schemes monthly to build a Rs 5 crore retirement corpus?

Retirement planning has become more important now than ever. Given the rising inflation, increase in life expectancy and limited social security facilities, retirement planning is no longer an option but a necessity. If you are in your 30s and want to have a strong retirement corpus at the age of 60, it is important to

RBI’s new rule: No prepayment charges on floating rate home loans from Jan 1 next year

In a major relief for loan borrowers, the Reserve Bank of India (RBI) has said that no prepayment charge will be levied on floating rate loans from January 1, 2026. That is, if you want to repay the loan before time, then no additional charge will have to be paid. On which loans will this

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Govt to amend Unified Pension Scheme to make it more employee friendly? Here’s what Finance Minister says

The Modi government launched the Unified Pension Scheme (UPS) under the National Pension System (NPS) on April 1 this year. The UPS was conceived as a new pension plan for central government employees, giving them an option to subscribe to a new scheme that combines some of the unique features from the existing NPS and

Trump’s tariffs on India: ‘Many exporters might face order cancellations or pressure to…’, says expert on India’s textile sector

US President Donald Trump’s decision to impose a 25 per cent additional import duty along with a penalty on Indian goods, effective August 1, is expected to significantly impact India’s textile and apparel industry. The penalty has been linked to India’s purchase of crude oil and military equipment from Russia, adding another layer of uncertainty

Markets close off lows despite tariff shocker, Nifty below 24,800; BSE market cap declines by Rs 5 lakh crore

The Indian stock market ended Thursday’s trading session on a muted note, recovering from early losses triggered by US President Donald Trump’s shock announcement of a 25% tariff on Indian exports and an additional penalty over India’s energy ties with Russia. The Sensex closed the session at 81,185.58, down by 0.36%, while the Nifty 50

Highest bank FD rates in July: Which banks offer best fixed deposit interest rates to senior citizens?

It seems that the high-interest-rate regime, which prevailed for almost three years, has come to an end in the wake of the RBI slashing the repo rate by 100 basis points (bps) this year. However, there are some private sector banks that are still offering attractive interest rates on their fixed deposits (FDs) for senior

IndiGo Q1 FY26: Profit drops 20%, while passenger traffic and revenue grow- Key highlights

IndiGo airline operator InterGlobe Aviation reported a drop in first-quarter profit on Wednesday. The company posted a profit of Rs 2,176.3 crore for the April–June period, down 20.25 per cent from Rs 2,728.8 crore a year ago, and down 29 per cent sequentially from Rs 3,067.5 crore in Q4 FY25. Revenue from operations stood at