Wall Street started the week on a cautious note, opening lower on Monday as investors grew jittery ahead of a July 9 tariff deadline set by the Trump administration. The S&P 500 fell 0.4%, the Dow Jones Industrial Average dropped 102 points (0.3%), and the Nasdaq Composite lost 0.6% in early trading.The pullback came as…
The IT integration of recently amalgamated Regional Rural Banks (RRBs) under the ‘One State One RRB’ framework is likely to be completed by September 30, Nabard Chairman Shaji KV said on Monday.Speaking at a CII event, Shaji said the RRB amalgamation exercise, which took effect on May 1, aimed at enhancing scale efficiency and cost…
In a significant move aimed at strengthening the Unified Pension Scheme (UPS), the Finance Ministry has extended income tax benefits currently available under the National Pension System (NPS) to the newly introduced UPS. A government release said, “In a bid to provide further impetus to the UPS, the Government has decided that tax benefits as…
The Reserve Bank of India has maintained the interest rate on its Floating Rate Savings Bonds (FRSBs) at 8.05% for the July–December 2025 period, offering one of the highest government-backed returns currently available in the fixed-income market.While this rate remains unchanged from the January–June 2025 period, it places FRSBs well ahead of most bank fixed…
This is an AI-generated image, used for representational purposes only. Dreaming of working abroad or taking a break for a long spell overseas? Before you pack your bags, be warned, not all destinations are kind to your wallet. Some countries may offer postcard views and high standards of living, but they come with a hefty…
French tech giant Capgemini on Monday announced its acquisition of business process services (BPS) provider WNS for $3.3 billion in cash, a strategic move aimed at creating a global leader in AI-powered business operations. As per the news agency AFP, the deal, unanimously approved by both companies’ boards, values WNS at $76.50 per share, a…
As the primary recipients of the H1-B programme, Indian nationals were particularly impacted by visa rejections. (AI image) NEW DELHI: If you are an H-1B visa applicant or aspirant, it’s important to be prepared for longer wait times, higher denial rates, and ‘novel issues’. Immigration experts suggest that H-1B visa applicants to the United States…
Long-term capital gains from stocks and equity-oriented funds are now taxed at 12.5%. But there is a Rs 1.25 lakh tax-free threshold that can help small investors avoid the tax. (AI image) Saving for retirement used to be easy. But in the past few years, there have been several amendments in tax rules for retirement…
This is an AI-generated image, used for representational purposes only. India’s telecom users may face another round of tariff hikes by the end of 2025, with prices expected to go up by 10–12 per cent, particularly for mid- and high-paying consumers.As per ET, industry executives and analysts suggest that the recent surge in active subscribers,…
Gold price prediction: Gold prices saw notable fluctuations over the last week, ultimately settling near a six-week low. (AI image) Gold price prediction today: Gold prices are expected to continue being volatile in the near future on the back of uncertainties regarding US President Donald Trump’s tariff policies, the approaching July 9 deadline, possible trade…