The Department of Pension and Pensioners’ Welfare (DoPPW) has issued a new clarification under the Central Civil Services (Pension) Rules, 2021, defining how pension and family pension are calculated. According to the update, an employee’s pension will now be determined based on the rules in force on their final working day whether it’s the date of retirement, resignation, discharge, or death. This move eliminates ambiguity, ensuring a fair and uniform pension process for all government

Many Indians who migrate abroad continue to maintain strong financial ties with their home country through various savings and investment instruments, including the Public Provident Fund (PPF). However, once an individual’s residential status changes under the Foreign Exchange Management Act (FEMA), different rules come into play. The guidelines determine whether Non-Resident Indians (NRIs) can hold or operate PPF accounts and how the proceeds are managed upon maturity. Under exis

Global funding dynamics are shifting dramatically as artificial-intelligence (AI) startups gobble up a growing share of venture-capital (VC) investments. According to recent data, AI-related companies accounted for over half of all VC funding in early 2025, marking a major turning point in the tech investment landscape. The Numbers Tell the Story

Google has announced plans to establish its largest artificial intelligence (AI) hub outside the United States in Andhra Pradesh, marking one of the most ambitious technology investments in India to date. The project, valued at USD 15 billion, is set to unfold between 2026 and 2030, transforming the southern state into a major centre for AI research, innovation, and digital infrastructure. The initiative represents a significant step in Google’s long-term strategy to expand its global AI ca

Bitcoin has once again shattered its previous records, rising to a new all-time high of $125,689 during Asian trading hours on October 5, 2025. This marks a significant milestone for the world’s largest cryptocurrency, surpassing its earlier peak of $124,514 set in August. At the time of writing, Bitcoin was trading at $123,791.15, up by more than 10 percent over the past week, reaffirming its position as the dominant force in the digital asset space. The latest rally has reig

The festival season has started with gold shining at record highs, igniting the debate on where investors should park their money right now. On the first day of Navratri 2025, spot gold surged 1.1% to $3,723.81 per ounce, briefly hitting $3,726.19 — its highest level yet. US gold futures for December delivery also climbed 1.4% to $3,758.40, strengthening gold’s dominance as a safe-haven asset. With price

The Trump family has entered cryptocurrency in a major way with the launch of World Liberty Financial and its digital token, $WLFI. The debut of this venture has quickly become one of the most high-profile events in the crypto world of 2025 and is estimated to have elevated the family’s holdings to nearly $6 billion. While the launch created massive buzz across global markets, it also sparked renewed debate about potential conflicts of interest between President Donald Trump’s rol

Andhra Pradesh Chief Minister, Chandrababu Naidu, has once again proven his adeptness at securing investments for the state. Following his annual participation in the World Economic Forum in Davos, Switzerland, the results of his networking efforts are already becoming evident. One of the most notable outcomes of his 2025 Davos visit is the $1 billion investment secured from Maersk's subsidiary, APM Terminals, which will significantly boost the state&rsquo

Personal loans for holidays are becoming a growing trend in India, especially among younger travellers and residents of smaller cities. According to the Paisabazaar report ‘How India Travels Using Holiday Loans (Vol. 2.0)’, 27% of personal loan borrowers in the first half of 2025 used the money for travel, a jump from 21% in 2023. This rise has pushed holiday loans ahead of home renovation loans, which have dropped from 31% in 2023 to 24% in 2025.

In today’s digital age, managing your finances has never been easier, thanks to the rise of AI-powered calculators. These tools are revolutionizing the way we approach savings and investments, providing users with personalized, data-driven insights. Whether you're a beginner looking to save for a specific goal or an experienced investor searching for smarter investment strategies, AI calculators can help simplify the process. By analyzing your financial situation, goals, a

For many Non-Resident Indians (NRIs) living in the United States, investing in real estate—whether back home in India or within the US—can be an overwhelming process. From understanding the market dynamics to dealing with documentation and finding the right property, the journey involves multiple layers of decision-making. Artificial Intelligence (AI) is quietly changing that by offering NRIs smarter, faster, and more reliable ways to handle their real estate needs. One

A Frisco resident is celebrating a $2 million Powerball win from the July 9, 2025, drawing. The lucky winner, who has chosen to remain anonymous, purchased the second-tier winning ticket at Walmart Supercenter #5866, located at 8555 Preston Road in Frisco. The winning ticket matched all five white ball numbers (5-9-25-28-69), but did not match the red Powerball number (5). However, the prize was multiplied to $2 milli

The Sukanya Samriddhi Yojana (SSY), launched under the Beti Bachao, Beti Padhao initiative in January 2015, is one of India's most popular government-backed savings schemes for daughters. The scheme is designed to provide parents with an excellent way to save for their daughter's higher education and marriage, ensuring a secure financial future. By making regular contributions, parents can accumulate a significant amount by th

We all often assume that having more money will make us happier, but sometimes, the reality doesn’t match our expectations. Abhishek Kumar, a SEBI-registered investment adviser, shared a thought-provoking story on LinkedIn about an acquaintance who, despite amassing a wealth of Rs 12 crore, found himself feeling unfulfilled. The man had built his fortune over 15+ years of hard work, but rather than feeling pride or excitement, he was left with a peculiar

Many errors occur when taxpayers fail to complete all parts of the Excel utility properly. According to Mihir Tanna, Associate Director at S.K Patodia LLP, a common mistake is forgetting to fill in the last row of the Capital Gains schedule row F. It’s essential to enter the quarter-wise details and click the ‘Validate’ button at the top of the sheet. Without this step, your tax details, including capital gains and taxes, may not show up cor

Andhra Pradesh experienced a significant economic downturn between 2019 and 2024 under the YS Jagan Mohan Reddy-led YSRCP government. Several major companies, including Lulu Group and Renew Energy, withdrew from the state, citing administrative hurdles and lack of cooperation. The period was marked by stalled projects, declining investor confidence, and policy paralysis that hindered growth and job creation. Following a

If you’re wondering whether filing your Income Tax Return (ITR) early will help you get your tax refund faster, the answer is generally yes as long as your return is correct, complete, and verified on time. Filing early ensures that your return is processed smoothly, especially during the less congested period before the September 15, 2025 deadline. Why Early Filing Increases Your Chances of a Quicker R

Apple has made headlines with its latest real estate investment spree, spending over half a billion dollars in just one week. The tech giant finalized two major property purchases in Silicon Valley, underscoring its commitment to expanding its footprint in the region. On June 24, Apple closed a deal to acquire the 220,000-square-foot Cupertino Gateway complex for $166.9 million. Located on North Tantau Avenue in Cupe

Fremont, California, long celebrated as one of the happiest cities in America, now finds itself topping a far less cheerful list. The city has been identified as having the most significant increase in credit card delinquency among the 100 largest cities in the United States. According to recent data compiled from the first quarter of 2024 to the first quarter of 2025, the rate of credit card delinquencies in Fremont has risen nearly 29%, putting it at the top of the national rankings for ris

In recent years, more and more individuals in India are choosing to remain child-free or find themselves without direct heirs, raising important questions about retirement planning. For those without children to lean on, preparing for the later years of life becomes about more than just saving money it’s about securing independence, comfort, and care. Financial experts, including Ajay Kumar Yadav, Group CEO and