News that keep you updated
Indian economy (AI image) India’s economy will grow at a robust 7.4% in the financial year 2025-26, according to the first advanced estimates of Gross Domestic Product released by the National Statistics Office (NSO). This is much higher than the 6.5% growth in the previous financial year. Nominal GDP is expected to rise by 8.0%…
SCSS accounts help earn interest payments on a quarterly basis. (AI image) Senior Citizens Savings Scheme or SCSS is a popular Post Office investment and savings scheme for senior citizens and retired individuals. The government-backed scheme is seen as a guaranteed cushion for regular interest income flow, especially for individuals who are looking for high…
File photo (Picture credit: ANI) NEW DELHI: Experience-led tourism is gaining momentum among India’s Gen Z, as a survey done by travel portal Airbnb reveals that over 62 per cent of the country’s Gen Z plans to travel for concerts and music festivals in 2026. According to an Airbnb press release, music is now a…
Gold prices slipped on Wednesday as investors booked profits after strong gains in recent sessions, while focus shifted to upcoming US economic data. On the domestic front, February gold futures on the Multi Commodity Exchange (MCX) declined by Rs 633, or 0.46%, to Rs 1,38,450 per 10 grams, reflecting mild profit-booking.In the international market, Comex…
E-commerce platform Meesho’s shares dropped by 5 per cent to Rs 173.20 on Wednesday on the BSE after a one-month lock-in period ended. This made 110 million shares, representing 2 per cent of the company’s equity, available for trading. Despite this dip, major brokerages remain positive about Meesho’s future growth potential.The stock, which is still…
Silver imports surged sharply in 2025, pointing to its growing strategic importance, amid rising industrial demand, supply constraints and geopolitical tensions, according to a report by Global Trade Research Initiative (GTRI).India was the world’s largest importer of refined silver. It is estimated to have imported silver worth $9.2 billion last year, a 44 per cent…
MUMBAI: The Reserve Bank of India (RBI) has invited public comments on the draft “Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026”, proposing a revised framework for declaration of dividends and remittance of profits by banks.The central bank said it had undertaken a review of the existing guidelines on…
An FD gives you a fixed interest rate, a promise from the bank that you’ll get your money plus that interest back at maturity. (AI image) Over the long run, mutual funds usually outpace FDs—but only if you use each for the right goal, time frame and temperament.You talk about mutual funds and there’s always…
Asian markets had mixed performances in Wednesday’s sessions, tempering Wall Street’s recent historic records, while the interest rate trend in the global market, coupled with developments in Venezuela, caught the interest of most traders. Turning to foreign news, US troops reported the arrest of Venezuelan President Nicolas Maduro, while Trump claimed ownership of Greenland control.Japan’s…
The rupee showed slight improvement against the US dollar on Wednesday, surging 26 paise to reach 89.92 in early trading. This came due to a weaker dollar globally and falling crude oil prices. The currency had already shown positive movement on Tuesday, ending its four-day decline.Starting the day at 90.20, the rupee kept getting stronger…
