Banking And Finance
Centre allows 100% FDI in insurance via auto route
NEW DELHI: The on Saturday notified the Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026, which allows 100% in an insurance company through the automatic route. The notification states…
Section 80C income-tax relief: From PPF to EPF and NPS — Here’s which investment options give you ₹1.5 lakh deduction
Section 80C of the Income-Tax Act (ITA) provisions for certain investments by taxpayers to be eligible for up to ₹1.5 lakh deduction when taxable income is calculated for a given…
2008 housing crash fears resurfaces — but can buyers really follow Dave Ramsey’s 25% mortgage rule in 2026?
Are we looking at another crash? Many Americans, who have lived through 2008 market collapse, are increasingly growing uncomfortable amid a steady stream of headlines warning of a possible downturn.…
DA: Highest Dearness Allowance increase of 11% was in 2021 in the 7th CPC — Here’s how much hikes have been announced
Dearness Allowance for central government employees and pensioners (including railways and defence personnel) has been hiked from 58% of Basic Pay to 60%, with effect from January, the Finance Ministry…
Market
CDSL Q4 profit slips to ₹80 cr, demat accounts cross 18 cr
Central Depository Services (India) Ltd on Saturday said its consolidated net profit stood at ₹80 crore in the March quarter of 2025-26 against ₹100 crore in the year-ago period. Total…
Exit polls may lift markets briefly, but oil remains key risk for equities
Indian equity markets may get a short-lived sentiment boost from signs of political continuity emerging from the recent State election exit polls, even as global oil prices and domestic macro…
FPIs pull out ₹13,944 crore in holiday-shortened week, equities hit hardest
Foreign portfolio investors (FPIs) remained net sellers in Indian markets for the shortened trading week ending April 30, 2026, pulling out a total of ₹13,944.59 crore across equity, debt, hybrid,…
Specialised investment funds see rapid growth, attract beyond top 30 cities
The Specialised Investment Fund, introduced recently by the market regulator SEBI for sophisticated investors, is fast catching on, with 50 per cent participation from smaller cities (beyond the top 30).…
Market
Berkshire Meeting Highlights Tough Balancing Act for Greg Abel
(Bloomberg) — Greg Abel didn’t take long to address the elephant in the room. In his first few minutes addressing Berkshire Hathaway Inc. shareholders on Saturday — the first annual…
CEO Greg Abel moves to assure Berkshire shareholders in a post-Buffett world, with record cash
(Adds details and comments from annual meeting throughout) * Greg Abel faces challenge of winning investor trust * Berkshire operating profit up 18%, cash hits $380.2 billion * Attendance drops…
Dollar Industries founder Dindayal Gupta passes away at 88
Dindayal Gupta, founder and chairman emeritus of hosiery major Dollar Industries Limited, died on Saturday due to age-related ailments, a statement said. He was 88. Gupta is survived by his…
Swiggy elevates Swapnil Bajpai as CEO of Dineout, Scenes to scale ‘going-out’ play
Swiggy has appointed Swapnil Bajpai as Chief Executive Officer of its Dineout and Scenes businesses, handing a company veteran the mandate to scale its dining-out and experiences verticals as competition…
Axis
