India’s retail inflation spiked to a 14-month high of 6.2% in October 2024, driven primarily by soaring food prices, especially in key vegetables like tomatoes, onions, and potatoes. This inflation level exceeded the Reserve Bank of India’s (RBI) target range, raising concerns about potential delays in anticipated interest rate cuts. These rising costs could weigh … Read more
The Indian government is considering relaxing quarterly spending limits in an effort to meet its record capital expenditure (capex) target for the fiscal year 2024-2025, amounting to 11.11 trillion rupees. Amid slow economic growth indicators and reduced spending in the first half of the fiscal year, this strategic move aims to stimulate infrastructure growth, boost … Read more
In a significant turn of events, Bitcoin is closing in on an all-time high of $90,000, driven by strong optimism surrounding President-elect Donald Trump’s crypto-friendly stance. Trump’s surprising pivot from crypto critic to supporter has invigorated the cryptocurrency market, sparking what some analysts are calling the “Trump trade.” This article breaks down the factors fueling … Read more
In a country where retirement security is paramount, the Employee Provident Fund (EPF) offers workers a crucial way to save for the future. However, monitoring the status of your EPF balance is equally essential for financial planning, tax management, and avoiding potential errors. To make this easier, the Employees’ Provident Fund Organization (EPFO) has introduced … Read more
In a significant move to make life easier for pensioners across India, the government has expanded the Digital Life Certificate (DLC) initiative, launching its Nationwide DLC Campaign 3.0 in November 2024. This innovative program seeks to simplify the life certificate submission process for pensioners, especially those aged or physically challenged, by offering digital and doorstep … Read more
The Supreme Court of India recently addressed a critical issue in the country’s judicial system, highlighting the disparity in pension benefits for retired high court judges. With some judges receiving as little as ₹6,000 to ₹15,000 per month in pension, the court expressed its surprise and concern, calling for reforms to ensure fair treatment. This … Read more