The Union Cabinet has approved the Delhi Metro Rail Project Phase-VA, paving the way for the construction of 13 new stations and extending the capital’s metro network beyond the 400-km mark, union minister Ashwini Vaishnaw said. According to details presented, the Phase-VA project will involve the construction of 13 stations, of which 10 will be…
ICAI proposes that married couples be given the option to file a single, joint return. (AI image) Pre-budget suggestions are pouring in, in the North Block. As the government gears up to present the 2026 budget, one proposal stands out for its potential impact on millions of households: optional joint taxation for married couples. It…
Every solid portfolio begins with one core equity fund that can quietly do the heavy lifting for years. (AI image) You don’t need 15 funds; 4–6 well-chosen ones are enough for most investors.The most common portfolio problem I see these days is not “too little choice”. It’s a fridge stuffed with leftovers.Open a typical investor’s…
Representative image (AI) LIC Housing Finance has announced a reduction in its home loan interest rates, providing fresh relief to homebuyers. The lender has lowered the starting rate on new home loans to 7.15%.The revised rates are linked to the borrower’s CIBIL score, with customers having a score of 825 or above eligible for the…
Representative image (AI-generated) The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS alerts seeking a review of their tax deduction and exemption claims.The department urged taxpayers to review their deduction and exemption claims for the current assessment year and take corrective steps before the revised…
Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola India, is set to lay off around 300 staffers as part of a plan to improve profitability and streamline operations.The company has approximately 5,000 employees and 15 manufacturing units, bottles and distributes brands such as Coca-Cola, Thums Up, Sprite, Minute Maid juices and Kinley water.A company…
Let the fund manager take the call on your behalf by opting for dynamic bond funds. (AI image) Debt funds have offered a mixed bag in 2025. Credit risk funds delivered double-digit returns, and even short-term and medium-term funds gave decent returns of 7-7.5%, but long-term debt funds floundered at 2.8%. This has surprised everyone…
Commerce Secretary Rajesh Agrawal (ANI image) Legally binding commitments on professional services under Free Trade Agreements (FTAs) will unlock global markets for Indian professionals, said Commerce Secretary Rajesh Agrawal while inaugurating a “Chintan Shivir” on professional services. According to a Ministry of Commerce & Industry press release, the Department of Commerce organised the event on…
Pakistan saw a 14% rise in foreign loans and grants during the first five months of the current fiscal year (July–November 2025), reaching $3.032 billion compared to $2.667 billion in the same period last year.Of the total inflows, foreign loans rose 46.2% to $2.521 billion, while grants fell by 43% to $54 million. In November…
Asian stock markets edged higher on Wednesday, rounding off a strong year driven largely by gains in AI-related stocks, while commodities such as gold and silver extended their rally to fresh record highs as 2025 comes to an end.Overnight in the United States, Wall Street ended on a positive note, with the S&P 500 closing…
