Latest News, Updates & Breaking Headlines
India can save almost $3 billion just by stepping up its crude import game! A recent report by SBI stated that by replacing a portion of Russian supplies with Venezuelan heavy crude and updating its import strategy, India can get several cost advantages. The assessment notes that New Delhi could lock in notable savings by…
The US government is set to roll out “Trump Accounts”, a new tax-advantaged investment programme aimed at boosting long-term savings for children, with more than 500,000 families already signed up ahead of its launch this summer, according to a Reuters report.Under the scheme, the US Treasury will deposit $1,000 as seed money into investment accounts…
MUMBAI: While direct participation by individual investors in the equity market has moderated after record inflows in 2024, Indian households have continued to channel their savings into equities through mutual funds, highlighting sustained confidence in equities as a long-term wealth creation avenue, according to a report by the National Stock Exchange (NSE).The report noted that…
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…
GHAZIABAD: Police have identified one of their own, a constable posted in Kaushambi district, and an old name from juvenile crime registers as killers of a former Indian Air Force officer, who was shot near his house here the day after Christmas.Police said the two are hitmen, who were hired by victim Yogesh Kumar’s sons….
With the new tax regime now the default option, many taxpayers are discovering that the choice between the old and new regimes is no longer a routine filing decision but one that can significantly impact their tax outgo.Even as the government nudges taxpayers towards a simpler, exemption-light system, many taxpayers continue to opt for the…
The government on Wednesday kept interest rates unchanged on various small savings schemes, including Public Provident Fund (PPF), National Savings Certificate (NSC) and Sukanya Samriddhi Yojana, for the seventh consecutive quarter starting January 1, 2026, PTI reported.In a notification, the finance ministry said the interest rates for small savings schemes for the fourth quarter of…
Given the lucrative interest rate and the tax benefits, is Sukanya Samriddhi Yojana an obvious savings choice for your girl child? (AI image) Sukanya Samriddhi Yojana or SSY is a popular post-office savings scheme for the girl child, first introduced over ten years ago as part of the government’s Beti Bachao, Beti Padhao campaign. The…
Consumers using CNG for transport and piped natural gas for household cooking are set to see lower fuel bills from January 1, 2026, after the petroleum regulator approved a rationalised pipeline tariff structure aimed at cutting costs, ANI reported.The Petroleum and Natural Gas Regulatory Board (PNGRB) has announced a unified tariff framework that will translate…
With a 1.25% repo rate cut this calendar year, RBI has managed to put more money in your pocket. (AI image) Loan borrowers – whether home, car or personal, have been given an early New Year cheer by the Reserve Bank of India (RBI). The Monetary Policy Committee (MPC) has cut the repo rate by…
