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Finance
Retiring in 2030? EPFO’s Easy Pension Math Guarantees ₹5,357 Monthly
Private-sector employees retiring around 2030 can easily calculate their Employees’ Pension Scheme (EPS) pension using a simple formula. With a pensionable salary capped at ₹15,000 and…
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Tata Steel to Acquire 50.01% Stake in Thriveni Pellets for ₹636 Crore; Board Clears Major Expansion…
Tata Steel has approved the acquisition of a 50.01% stake in Thriveni Pellets Pvt Ltd for up to ₹636 crore, gaining majority control of a 4 MTPA pellet plant in Odisha. The move…
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RBI’s Rate Cut Bonanza: EMIs Fall, Real Estate Eyes Revival
The RBI’s 25 bps repo rate cut to 5.25% has triggered immediate lending rate reductions across major banks, offering substantial EMI relief to borrowers and boosting homebuyer…
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RBI Repo Rate Cut Ignites Hope for Affordable Homes Amid Economic Surge
The RBI has cut the repo rate to 5.25%, bringing home loan interest rates down to 7.1% and offering significant EMI relief to millions of borrowers. The move, supported by a ₹1 lakh…
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EPFO Eyes 9% PF Interest Rate for 2025-26, Boost for Crores
The Employees Provident Fund Organisation (EPFO) is considering increasing the PF interest rate from 8.25% to 9% for 2025–26, potentially offering higher annual returns to nearly 7.5…
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RBI Cuts Repo Rate by 25 Basis Points to 5.25%, Boosting Borrower Affordability
The Reserve Bank of India cuts the repo rate by 25 basis points to 5.25%, providing immediate relief to borrowers and boosting economic activity.
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From Public to Private: IDBI Bank’s Future Hangs in Balance
The Indian government plans to sell its entire 60.72% stake in IDBI Bank, marking a historic move toward full privatisation and signalling a new era for the bank and the country’s…
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No Cash, No Problem: Sweden Becomes World’s First Digital Payment Nation
Sweden has achieved a historic milestone by becoming the world’s first 100% cashless country, with nearly all financial transactions conducted digitally. Driven by the widespread use of…
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Banking Giants in the Making: Which PSBs Will Merge Next?
The Indian government is preparing the next phase of public sector bank consolidation, aiming to reduce the number of state-run banks while creating stronger and more efficient…
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Gold and Silver Prices Tumble in India After Recent Surge
Gold and silver prices dipped across India on Saturday after a recent surge driven by global uncertainty and festive demand. While gold fell to ₹1,22,730 per 10 grams in Bhubaneswar,…
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