As the Pradhan Mantri MUDRA Yojana (PMMY) completes a decade since its launch on April 8, 2015, Prime Minister Narendra Modi marked the occasion by highlighting the scheme’s transformative impact on financial inclusion and grassroots entrepreneurship in India. According to the Prime Minister, over 52 crore loans worth ₹33 lakh crore have been disbursed under the scheme, making it a major success story in India’s developmental narrative. PM Modi described the scheme as an outc

Children are particularly vulnerable to heat-related illnesses, especially during periods of intense summer heat. With rising temperatures and more frequent heatwaves becoming the norm, the risk of heat stroke and dehydration increases significantly. According to health experts from the World Health Organisation (WHO) and the Indian Academy of Paediatrics (IAP), children are at a heightened risk due to their smaller body size, higher metabolic rate, and less effective thermoregulation.

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&

Ratan Tata, one of India’s most revered industrialists and philanthropists, passed away on October 9, 2024, but his legacy continues to shine through an extraordinary act of kindness detailed in his final will. Known for his humility and empathy, Tata ensured that the people who served him faithfully—his household staff, office assistants, and even his pet dog—were well taken care of. According to a report by The Times of India, Tata allocated nearly

As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1.   1. Higher Income Tax Exemption Limit

Ensuring financial security for children is one of the primary concerns for parents. Whether planning for education, marriage, or other major milestones, choosing the right investment plan can make a significant difference. While traditional government-backed schemes like Sukanya Samriddhi Yojana (SSY) are widely known, financial experts are now highlighting the potential of Children's Mutual Funds as a flexible and high-return alternative.   Understanding Su

Life Insurance Corporation of India (LIC) has requested the Reserve Bank of India (RBI) to introduce long-term government bonds, including 100-year bonds, to support their investment strategies for whole life insurance policies. This request was confirmed by Siddhartha Mohanty, Managing Director and Chief Executive of LIC, during an event in Mumbai. Speaking on the sidelines of the GCA25 conference, Mohanty explained that LIC’s investment portfolio heavily depends on long-term bonds to

The Pakistan Cricket Board (PCB) has reportedly suffered an estimated Rs 869 crore (USD 85 million) loss after hosting the ICC Champions Trophy 2025, resulting in severe budget cuts across various sectors of Pakistani cricket. This substantial financial setback has prompted drastic cost-cutting measures, including reductions in match fees and player accommodations. The financial blow stems from heavy investments in stadium upgrades and event preparations. According to a report by The Telegrap

Scientists at Osaka University in Japan have developed an advanced AI model capable of estimating a person's biological age — a more accurate measure of how well the body has aged compared to their actual chronological age. This innovative method is set to revolutionize personalized health management by providing insights into age-related risks and early intervention strategies. The breakthrough, published in the journal Science Advances, reveals that the model requires just five dr

The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs

The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

In a surprising political shift, Greenland's Democrats party secured a landmark victory in the 2025 parliamentary elections, significantly altering the country’s political landscape. The centre-right Democrat party, led by Jens-Frederik Nielsen, more than tripled its seats, replacing the Inuit Ataqatigiit (IA) party as the largest party in Greenland’s Inatsisartut (parliament). The Democrats'

Millions of women worldwide face significant financial disparities compared to men, accumulating to hundreds of thousands of pounds less in lifetime earnings. This financial gap begins early in life and persists into retirement. Understanding these challenges and taking proactive steps can help close the wealth gap for future generations.   Childhood: The Starting Point of the Wealth Gap Research by Starling Bank shows that parents give boys

A groundbreaking study has revealed that ChatGPT, a widely used AI chatbot, can exhibit behaviors akin to "anxiety" and can be calmed using mindfulness techniques. Although artificial intelligence (AI) lacks actual emotions, researchers from Yale University, Haifa University, and the University of Zurich discovered that large language models (LLMs) like ChatGPT can mimic anxiety-like tendencies when exposed to distressing content. The findings, published in the study titled Asse

A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth.   What is a Loan Against Mutual Funds?

The first-ever White House crypto summit left some investors disappointed as Bitcoin prices dipped. While the event marked a shift in U.S. policy toward digital assets, the lack of strong commitments led to uncertainty. Crypto Industry Hopes for Stronger Support The White House hosted its first-ever cryptocurrency summit, bringing together top executive

India’s Global Capability Centres (GCCs) are set to expand their workforce significantly in 2025, with hiring expected to increase by 27% compared to the previous year. This marks the second consecutive year that GCCs are outpacing traditional IT services firms in job creation.The hiring surge is driven by a rising demand for domain experts and specialized skills, particularly in engineering research and development (ER&D), artificial intelligence (AI), cybersecurity, and data analy

A new study from the University of Cambridge has revealed that aspirin, a commonly used painkiller, could play a significant role in preventing cancer from spreading. Researchers have found that the drug might help the immune system target and eliminate metastasizing cancer cells, potentially making it a powerful, accessible, and affordable tool in cancer treatment. While the findings have been described as groundbreaking, experts caution that more research is needed before aspirin can be wid

The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

A common question among newlyweds and couples planning their future is whether marriage has any effect on their credit score. The simple answer is no—getting married does not directly impact your credit score. Credit bureaus like CIBIL, Experian, and Equifax do not track or record marital status when calculating individual credit scores.However, while marriage itself doesn’t influence credit scores, the financial decisions you make as a couple can have a significant impact. When y