Business

EPFO likely to allow instant PF withdrawals via UPI and ATMs from June 2025

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Starting June 2025, EPFO members can instantly withdraw PF funds via UPI and ATMs, with withdrawals up to ₹1 lakh. Pensioners can access pensions from ...

Tariff pressures still loom over summer outlook after softening US inflation in April

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The US PCE price index eased in April, rising 2.1% year-over-year, slightly below expectations but still above the Fed’s target. While personal income increased and ...

Wall Street slips as tariff concerns weigh on earnings, inflation data in focus

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American stock market saw a dip on Friday. Investors are considering various company earnings reports. There is uncertainty about tariffs imposed during Donald Trump’s presidency. ...

Centre announces additional benefits for NPS retirees under Unified Pension Scheme; claims open until June 30

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The Finance Ministry announced that Central government employees who retired under NPS on or before March 31, 2025, with at least 10 years of service, ...

IT department releases Excel utilities for ITR-1 and ITR-4 for AY 2025-26

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The Income Tax Department has released the Excel utility for ITR-1 and ITR-4. This is for the Assessment Year 2025-26. Taxpayers can now file returns ...

India’s Q4 GDP growth beats estimates at 7.4%; full year 2024-25 estimate at 6.5% – check top points

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India’s economy exceeded expectations with a 7.4% growth in the fourth quarter of FY 2024-25. However, the full fiscal year GDP growth is provisionally estimated ...

India exempts Saudi Arabia’s wealth fund from investment cap rules to boost capital inflows

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India has exempted Saudi Arabia’s Public Investment Fund (PIF) from certain foreign portfolio investment rules to attract long-term capital and strengthen financial ties. This move ...

IndiGo, BIAL sign MoU for 31-acre MRO hub at Kempegowda International Airport

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IndiGo and Bangalore International Airport Ltd. (BIAL) have partnered to establish a dedicated MRO facility at Kempegowda International Airport, Bengaluru, with BIAL allocating 31 acres ...

Ola Electric shares crash nearly 10% after Rs 870 crore Q4 loss; revenue slips 62%

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Ola Electric’s stock prices plunged following the release of disappointing quarterly results. The electric vehicle company reported a substantial net loss for the fourth quarter ...

IndiGo to launch direct flights to London, Athens, and eight other international cities this fiscal: CEO Pieter Elbers

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IndiGo plans to launch direct flights to 10 international destinations. This includes London, Athens and Amsterdam. Flights from Mumbai to Manchester and Amsterdam will start ...