New rules now link PPF investments to PAN, making it impossible to hide multiple accounts. Exceeding the Rs 1.5 lakh annual limit can lead to interest clawback on excess contributions. Irregular accounts won’t earn interest, with minor accounts earning a mere 4% until regularized.
US federal workers are facing financial hardship as the government shutdown enters its second week, with many resorting to loans to cover essential expenses. Furloughed employees and those working without pay are experiencing significant stress, impacting morale and household finances. Credit unions are offering short-term, interest-free loans to help bridge the gap until back pay…
Gold loans provide quick cash by pledging jewellery. Loan amounts depend on gold’s purity and weight. Lenders accept 18-23 karat gold ornaments. Various repayment plans exist, including paying interest first or making partial payments. This offers a flexible way to manage financial needs. Understanding these options helps borrowers make informed decisions.
India is signaling a more welcoming stance towards Chinese investment in electronics manufacturing, contingent on technology transfer and local workforce training. This approach aims to build a robust domestic component manufacturing base, moving beyond mere assembly. The government is also facilitating tech transfer through incentives, with multiple Chinese firms expressing interest in joint ventures under…
Tata Consultancy Services announced its Q2 results, reporting a net profit of Rs 12,075 crore, a 1.4% increase year-on-year. However, this figure fell short of market expectations. The company’s operational revenue grew by 2.4% to Rs 65,799 crore for the quarter ended September 2025.
Prime Minister Narendra Modi and UK PM Keir Starmer addressed the India-UK CEO Forum, highlighting the Comprehensive Economic and Trade Agreement (CETA) and its potential to double bilateral trade to $112 billion by 2030. The leaders emphasized CETA’s role in enhancing market access, strengthening MSMEs, and fostering collaboration in commerce, education, technology, and aspirations, building…
Prime Minister Modi and UK’s Keir Starmer met in Mumbai, focusing on strengthening cooperation in critical minerals for the global energy transition. They announced the Critical Minerals Industry Guild and Phase II of the Supply Chain Observatory. Discussions also covered the Free Trade Agreement, defense, and digital infrastructure, highlighting India-UK as natural partners for global…
AI major Anthropic is set to open its second Asian office in Bengaluru by early 2026, driven by surging global demand for its models, especially from India. The move aligns with plans to significantly boost its international workforce and applied AI team.
British Prime Minister Keir Starmer is pushing for the swift implementation of the India-UK Free Trade Agreement, calling it a significant post-Brexit achievement. He highlighted the immense opportunities for both nations, emphasizing that the deal is a ‘launchpad’ for future economic cooperation. Starmer’s visit with a large delegation aims to maximize the benefits of this…
