Tariff pressures still loom over summer outlook after softening US inflation in April
The US PCE price index eased in April, rising 2.1% year-over-year, slightly below expectations but still above the Fed's target....
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Wall Street slips as tariff concerns weigh on earnings, inflation data in focus
American stock market saw a dip on Friday. Investors are considering various company earnings reports. There is uncertainty about tariffs...
Centre announces additional benefits for NPS retirees under Unified Pension Scheme; claims open until June 30
The Finance Ministry announced that Central government employees who retired under NPS on or before March 31, 2025, with at...
IT department releases Excel utilities for ITR-1 and ITR-4 for AY 2025-26
The Income Tax Department has released the Excel utility for ITR-1 and ITR-4. This is for the Assessment Year 2025-26....
India’s Q4 GDP growth beats estimates at 7.4%; full year 2024-25 estimate at 6.5% – check top points
India's economy exceeded expectations with a 7.4% growth in the fourth quarter of FY 2024-25. However, the full fiscal year...
India exempts Saudi Arabia’s wealth fund from investment cap rules to boost capital inflows
India has exempted Saudi Arabia's Public Investment Fund (PIF) from certain foreign portfolio investment rules to attract long-term capital and...
IndiGo, BIAL sign MoU for 31-acre MRO hub at Kempegowda International Airport
IndiGo and Bangalore International Airport Ltd. (BIAL) have partnered to establish a dedicated MRO facility at Kempegowda International Airport, Bengaluru,...
Ola Electric shares crash nearly 10% after Rs 870 crore Q4 loss; revenue slips 62%
Ola Electric's stock prices plunged following the release of disappointing quarterly results. The electric vehicle company reported a substantial net...
HUL MD Rohit Jawa’s salary rises to 23.23 crore in FY25; permanent workforce down 8.4%
Hindustan Unilever's MD, Rohit Jawa, saw his remuneration rise to ₹23.23 crore in FY25, a 3.75% increase. The FMCG giant's...
India may see massive fivefold increase in defence budget by 2047
India's defence budget is set for substantial growth, potentially reaching Rs 31.7 lakh crore by 2047, according to a CII-KPMG...