Business

Mahila Samman Savings Scheme New Feature: The Department of Posts has enhanced the Mahila Samman Savings Scheme (MSSC) by introducing a 40 per cent withdrawal feature, increasing flexibility for account holders. It is integrated into the Finacle System used by India Post employees.  This feature enables easier access to funds, improving convenience and financial security….

For just over two years, technology leaders at the forefront of developing artificial intelligence had made an unusual request of lawmakers. They wanted Washington to regulate them. The tech executives warned lawmakers that generative A.I., which can produce text and images that mimic human creations, had the potential to disrupt national security and elections, and…

Mumbai: The rally in the stock market continued Monday with both the sensex and Nifty rising for the sixth consecutive session as foreign funds continued to buy domestic stocks. The BSE index has added 4,155 points, or 5.6%, in the last six sessions to its current close at 77,984 points, while Nifty has added 1,261…

New Delhi: Gold prices are on a strong upward trend, with analysts predicting that the precious metal could soon reach the $3,100 mark per ounce.  This surge comes despite stable prices on Monday, as investors responded to a weaker US dollar and uncertainties surrounding US President Donald Trump’s tariff policies. Gold is widely considered a…

One of President Trump’s former campaign managers, Chris LaCivita, on Monday filed a defamation lawsuit against The Daily Beast over its reporting on how much he was paid by the campaign. The lawsuit, filed in the U.S. District Court for the Eastern District of Virginia, accuses The Daily Beast of creating “the false impression that…

Rupee vs Dollar (File photo) The Indian rupee continued its upward momentum for the seventh consecutive session, rising by 31 paise to close at 85.67 (provisional) against the US dollar on Monday. This gain wiped out all of the rupee’s losses for 2025, boosted by positive trends in domestic equity markets, fresh foreign capital inflows,…

Mumbai: The Securities and Exchange Board of India (SEBI) on Monday announced that it has approved an increase in the disclosure threshold for foreign portfolio investors (FPIs) from Rs 25,000 crore to Rs 50,000 crore.  This change was announced after the SEBI board meeting held here in the day. The regulator stated that this adjustment…

Hyundai Motor, a South Korean conglomerate known for its automobiles, will invest $21 billion to expand manufacturing in the United States in what President Trump said was proof that his tariff policies were creating jobs. The company, which also produces steel, said the investment would include $5.8 billion for a steel factory in Louisiana that…

Small depositors have protection through the DICGC’s (Deposit Insurance and Credit Guarantee Corporation) deposit insurance programme. Are your bank deposits insured if your bank fails? The recent news around IndusInd Bank has raised concerns about the safety of deposits. The Reserve Bank of India (RBI) has been quick to reassure bank customers that their deposits…

A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Patients, doctors and investors will soon learn a lot more about a new, more convenient treatment that could shake up the booming weight loss drug market. Eli Lilly plans to…