India's organic food exports have witnessed a significant surge, registering a 35% increase to reach $665.96 million (approximately ₹5,700 crore) in the financial year ending March 31, 2025. This growth underscores the rising global demand for Indian organic products and the country's expanding footprint in the organic food sector. In terms of volume, exports grew by 41%, totaling 0.37 million tonnes in 2024-25, up from 0.26 million tonnes in the previous fiscal year. The

The Enforcement Directorate (ED) has formally filed a chargesheet against senior Congress leaders Sonia Gandhi and Rahul Gandhi in connection with its ongoing money laundering investigation into the National Herald case. This marks the first time that both leaders have been officially charged in this high-profile case, which has been under scrutiny for several years. The chargesheet, submitted to a special court in Delhi on April 9, 2025, also names five other individuals, including Indian Overs

India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr

In a major development that blends star power with football management, Luka Modric, the legendary Real Madrid and Croatia midfielder, has officially joined Swansea City AFC as an investor and co-owner, the Championship club confirmed on Monday. At 39, Modric remains an active player for Real Madrid, with a glittering career spanning over a decade in Spain. During his time at the Bernabéu, he has helped the Spanish giants secure six UEFA Champions League titles, solidifying his legacy

In a ruling that could significantly influence the tax liabilities of Non-Resident Indians (NRIs) investing in Indian mutual funds, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, has determined that capital gains earned by NRIs on the redemption of mutual fund units are not taxable in India. This decision was delivered in a case involving a Singapore-based NRI who had declared short-term capital gains from mutual fund investments but claimed exemption under the Double Taxation Avoidance

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

In yet another setback to India’s rapidly growing digital economy, UPI (Unified Payments Interface) services across the country suffered a major disruption on Saturday morning. This marks the third significant outage in less than a month, severely impacting users and businesses who rely on the platform for quick and seamless financial transactions. Saturday’s outage left countless users stranded, unable to send or receive money through popular UPI-enabled apps such

In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

In a high-stakes logistics maneuver that has grabbed the attention of global tech and trade watchers, Apple has reportedly shipped a significant consignment of iPhones from India to the United States in a matter of days, ahead of a new import tariff deadline imposed under President Donald Trump’s trade policy. According to multiple sources close to the operation, the tech giant arranged for as many as five aircraft to carry the devices across continents, with the aim of bypassing a

In a significant policy development, RBI Governor Sanjay Malhotra announced that the Reserve Bank of India will soon release comprehensive regulations governing prudential norms and conduct-related aspects of gold loans. This move follows growing concerns over irregular practices among certain regulated entities (REs) and the recent surge in gold-backed lending across the country. The upcoming regulations aim to harmonize gold loan guidelines across various categories of lenders, including ba

India’s banking sector is projected to witness a year-on-year credit expansion of ₹19 lakh crore to ₹20.5 lakh crore in FY2025-26, amounting to a growth of approximately 10.8%, according to a report by ICRA, a leading credit rating agency. This expansion is expected to be driven by recent monetary easing measures implemented by the Reserve Bank of India (RBI), though structural challenges in deposit mobilisation and rising credit-deposit ratios may temper growth momentum. According to

Timely pension payments are not merely a procedural matter—they are a lifeline for countless retired central and state government employees. These pensions, disbursed through authorised banks, are governed by the Reserve Bank of India (RBI)'s "Master Circular - Disbursement of Government Pension by Agency Banks". The RBI recently updated the circular, issuing a series of clarifications that aim to make the pension system more transparent, accountable, and senior citizen-fr

In a move that offers much-needed relief to Public Provident Fund (PPF) account holders across India, Finance Minister Nirmala Sitharaman has officially announced that individuals will no longer have to pay any fees to add, update, or remove nominee details in their PPF accounts. The announcement was made via a post on social media platform X and follows a recent government notification that amends the applicable savings rules. Through Gazette Notification 02/4/25, changes have been introduce

India is positioning itself to become a global player in the rapidly expanding fields of artificial intelligence (AI) and chip manufacturing. Experts believe the country’s entry into the AI space, akin to the emergence of China’s DeepSeek, will be driven by strategic public-private partnerships within the next 4-5 years. Kunal Bahl, co-founder of Titan Capital and a prominent entrepreneur, emphasized this potential growth in a conversation about India&

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet

In a move that has stirred significant concern among global policymakers, US President Donald Trump took aim at India’s high tariffs on American goods during a recent press conference. Speaking on the matter, Trump expressed frustration over the tariffs imposed on US agricultural products, specifically highlighting the fact that India has a 100% tariff on American agricultural goods. This, according to the President, makes it “virtually impossible” for American products to b

The Social Security Administration (SSA) has officially released the payment schedule for April 2025, providing valuable information to millions of beneficiaries across the United States. After a unique February that featured an early double-payment for Supplemental Security Income (SSI) recipients, April returns to the regular cadence of benefit distribution. With the SSA’s clear structure, Americans receiving Social Security or SSI can now better plan their monthly finances. However,

This month, the announcement of sweeping 25% tariffs on cars “not made in the U.S.” has sent ripples through the global automotive industry, especially affecting Asian car manufacturers. U.S. President Donald Trump’s decision has put significant pressure on automakers ahead of the implementation of the new duties, which are set to take effect later this week. The move has particularly shaken Japanese and South Korean carmakers, many of whom rely heavily on the U.S. market. S

The stock market suffered a sharp sell-off on Friday as fears over inflation, declining consumer confidence, and doubts about artificial intelligence investments combined to push major indexes lower. The S&P 500 dropped 2%, making it the second-worst trading day of 2025 for the broad-based index, while the Nasdaq Composite tumbled 2.7%, breaching its lowest point for the year. The Dow Jones Industrial Average also slumped, losing 1.7% as investors reacted to concerning economic signals.

Health insurance is meant to be a safety net—helping individuals manage healthcare costs without financial stress. However, for many, that reassurance is shattered during claim time when their applications are denied. These rejections can leave policyholders not only frustrated but also suspicious about their insurer’s intentions. While some rejections are justified, many arise from avoidable mistakes that occur during policy purchase or while filing a claim. Understanding these e