While debates are galore about raising the bar of the retirement age to 60, 62, or even 65, a new breed of professionals dreams of quitting the rat race at 40 or in their early 40s. These chill professionals underpin an idea that gained traction in the United States – FIRE. Soon, the FIRE movement…
Image used for representation purposes only. File | Photo Credit: Reuters The combined market valuation of four of the top 10 valued firms jumped by ₹95,447.38 crore last week, with Reliance Industries emerging as the biggest gainer. From the top-10 pack, Reliance Industries, Bharti Airtel, State Bank of India, and Life Insurance Corporation of India…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 4.6% to about ₹1.96 lakh crore in October driven by festive buying spree despite a cut in GST rates. Goods and Services Tax (GST) rates on 375 items, including kitchen staples to electronics and automobiles, were slashed with effect from…
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman speaks during the inauguration of the New Office Building of CGST Bhawan in Ghaziabad on October 24, 2025. Photo: X/@nsitharamanoffc via ANI. Small and low-risk businesses will get GST registration within 3 working days as the GST department rolls out a simplified GST registration scheme for…
Image for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Centre’s fiscal deficit stood at 36.5% of the full-year target at the end of the first half of FY26, according to data released by the Controller General of Accounts (CGA) on Friday (October 31, 2025). The fiscal deficit was 29% of the Budget Estimates…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s forex reserves dropped by $6.925 billion to $695.355 billion during the week ended October 24, the RBI said on Friday (October 31, 2025). In the previous reporting week, the overall reserves had increased by $4.496 billion to $702.28 billion. For the week ended…
Under the proposal, at least 20% of the State’s total power consumption must be met by private companies and the states must assume part of the retailer’s debt, according to the Power Ministry presentation. File. | Photo Credit: K. Bhagya Prakash India is considering a bailout exceeding ₹1 trillion ($12 billion) for debt-laden State-run power…
U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. | Photo Credit: Reuters A divided U.S. Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (October 29, 2025) and announced…
On October 28, 2025, Nvidia CEO Jensen Huang disclosed $500 billion in chip orders. | Photo Credit: AP Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed…
The RBI said more than 97% of the responding DI entities were unlisted in March 2025, and that captured most of the FDI equity capital in India. File | Photo Credit: Reuters The U.S. and Singapore together accounted for over one-third of the FDI in India during 2024-25, according to the Reserve Bank’s census on…
