Banking And Finance
₹30 lakh CTC breakdown: How much in-hand salary can you actually get?
An individual earning a yearly Cost to Company (CTC) of ₹30 lakh in India has wage elements split between gains and deductions. Salary break-ups in India The elements of the…
B-khata to A-khata: Bengaluru camps to offer on-the-spot help to property owners from 16 May
Under the Karnataka government’s ‘Bhoo Guarantee’ 2026 scheme, property owners in Bengaluru can convert their B-Khata properties to A-Khata by paying just 2% of the guidance value instead of the…
Marginal relief in income tax explained: Who it applies to and how it works under new vs old tax regime
According to the Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman, starting from financial year 2026-27, there will be no income tax under the new regime on annual…
₹1 lakh monthly salary plan: How much should go to SIP, FD, PPF and emergency fund?
Organising assets intelligently when your net monthly take-home salary is ₹1 lakh is vital for building lasting wealth, financial security, and mental tranquillity. An effective financial blueprint should ideally include…
Market
Gold, silver rates today: Comex gold plunges $171/oz; silver down $9.1 on inflation worries, firm US dollar
Precious metals continued to drift lower on Friday, 15 May, as a strengthening US dollar and persistent US inflation dampened expectations of near-term Federal Reserve rate cuts. Meanwhile, traders also…
Rupee breaches 96/$ mark for the first time
The rupee on Friday breached the 96 to the dollar mark for the first time, as US President Donald Trump’s latest social media post warning that the “war (West Asia)…
Dollar rides rising yields to largest weekly gain in two months
The dollar rode US Treasury yields higher on Friday and was set for its biggest weekly gain in more than two months, as mounting inflationary pressures from higher energy prices…
Hindustan Copper hires advisor to explore Chile copper belt expansion and acquisitions
State-owned Hindustan Copper Ltd (HCL) on Friday said it has hired a transaction advisor to support its entry into Chile’s copper belt and to scout acquisition prospects. In a filing…
Market
Sherritt to Dissolve Cuba Mining Venture Due to US Sanctions
Sherritt International Corp., a Canadian company that has invested in Cuba for decades, said it will seek to dissolve its nickel mining joint venture on the island due to US…
Active Clothing Co opens 5 multi-brand retail stores in Punjab
Active Clothing Co, specialist in apparels for leading global fashion brands, has made a strategic entry into the retail segment with launch of retail outlets under the brand name “NUEMO”.…
Ola Electric gets board nod to invest ₹2,000 cr in EV, cell subsidiaries
Bengaluru-based two-wheeler manufacturer Ola Electric Mobility Limited has announced an investment in Ola Electric Technologies Private Limited (OET) and Ola Cell Technologies Private Ltd (OCT), which are wholly owned subsidiaries…
Charity Commissioner orders Tata Trusts to defer May 16 board meeting
Maharashtra’s Charity Commissioner has directed the board of Tata Trusts to defer its scheduled May 16 meeting, citing ongoing inquiries into alleged violations of the Maharashtra Public Trusts Act and…

Axis

