Gold ETF Selloff Raises Questions For Investors Gold ETF outflows have increased in 2026, but experts say retail investors should focus on allocation, not panic selling. Global gold ETFs have seen a sharp selloff in 2026, raising fresh questions for investors who use gold as a safe-haven asset. According to market data, global gold ETF investment has dropped sharply, with the latest weekly outflow being one of the biggest this year. Wh

Ujjwala Subsidy Cap Explained Ujjwala beneficiaries will now get subsidy support for only four LPG refills a year, as the government moves to curb misuse. The government’s decision to reduce subsidised LPG refills under the Pradhan Mantri Ujjwala Yojana has brought fresh attention to household fuel costs and welfare delivery. Under the revised rule, Ujjwala beneficiaries will get subsidy support for only up to four LPG refills in a year, instead of nin

RBI Reviews Plastic Currency Notes Plan For India RBI Governor Sanjay Malhotra says polymer currency notes are under review, but no final decision has been taken yet. India’s currency system may see a major material change in the future, as RBI Governor Sanjay Malhotra said the proposal to introduce polymer, or plastic, currency notes is under consideration. He clarified that no final decision has been taken yet and the RBI is still examining the pros

LPG Price Hike And Cooking Oil Rule Add Focus On Kitchen Budgets Domestic LPG has become costlier, while new cooking oil pack rules aim to help shoppers compare prices better   Households Face Higher Cooking Gas Cost Indian households are facing another kitchen budget shock after domestic LPG prices were increased by ₹29 per 14.2-kg cylinder. In Delhi, the rate has reportedly moved from ₹913

Anupam Mittal’s Twice-A-Month Salary Idea Starts Fresh Payroll Debate In India Anupam Mittal’s suggestion to pay salaries twice a month has triggered debate over employee cash flow, financial stress, and payroll challenges in India. Anupam Mittal’s suggestion that Indian companies should consider paying salaries twice a month has started a fresh debate on how employees receive their monthly income. The idea sounds simple. Instead of waiti

Government Bond Tax Cut May Boost Foreign Investor Interest In India India is reportedly moving to ease tax rules for foreign investors as the rupee faces pressure and FPI outflows continue. Cabinet Move Targets Foreign Investors The Union Cabinet has reportedly backed an ordinance to ease tax rules for foreign investors in certain securities, a move aimed at making In

Mumbai’s Air India Building Gets New Role Mumbai’s iconic Air India Building at Nariman Point has officially moved into Maharashtra government control after a ₹1,601 crore acquisition. The sea-facing 23-storey tower, built in 1974, has been one of the city’s most recognisable landmarks and was earlier known as Air India’s headquarters. The transfer was completed between Air India Assets Holding Li

Two Telugu entrepreneurs earn Forbes Asia 2026 recognition for education innovation Telugu Founders Get Global Recognition Two young Telugu entrepreneurs have made it to the Forbes 30 Under 30 Asia 2026 list for their innovative work in education, finance, and social impact. Shiva Ganesh Gaddam, founder of Geni5 Ankura, has been recognised in the Finance and Venture Capital category, while Madhulash Babu Krovvidi, founder of Edo

Tata Sons reviews Air India and BigBasket plans   Tata Sons Reviews Major Business Bets Tata Sons’ latest board meeting focused on key group businesses, including Air India, BigBasket, and Tata Electronics. The discussion reportedly remained calmer than an earlier meeting, but questions around losses, capital allocation, and long-term returns continued to remain important. Tata Sons chairman Natarajan Chandrasekaran r

Byju Raveendran Sentenced In Singapore Case Byju’s founder Byju Raveendran has reportedly been sentenced to six months in jail by a Singapore court in a contempt of court case. The matter is connected to allegations that he failed to follow court directions related to asset disclosure and legal proceedings. Reports also said the court directed him to surrender and pay costs of S$90,000. The development has once again brought Byju’s legal troubles into the spot

India, Venezuela Crude Oil Imports Rise As Saudi Supply Drops   Venezuela Becomes Key Oil Supplier Venezuela has emerged as India’s third-largest crude oil supplier in May, overtaking Saudi Arabia and the United States. The rise comes as Indian refiners increased purchases of cheaper Venezuelan crude during global supply disruptions. According to Kpler data, Venezuela supplied around 417,000 barrels per day to India in May, com

Bengaluru Transport Operators Worry Over WFH Impact Bengaluru’s employee transport operators have raised concern over the growing discussion around work-from-home policies, warning that any major increase in remote work could affect thousands of livelihoods connected to the sector. The Karnataka State Travel Operators’ Association said the employee transport industry continues to support lakhs of jobs across India and plays a key role in serving IT companies,

Adani Group Gets Major Legal Relief In US Fraud And Sanctions Cases US Moves To Drop Adani Fraud Charges The Trump administration has moved to dismiss criminal fraud charges against Indian billionaire Gautam Adani, giving major legal relief to the Adani Group in the United States. According to court records, the US Justice Department sought to drop allegations connected to a

Tata Electronics And ASML Deal Strengthens India’s Semiconductor Push Tata Electronics-ASML deal is being seen as a major boost for India’s semiconductor manufacturing plans, especially as Tata prepares 300mm wafer production at its upcoming Dholera chip fab in Gujarat.   Why the Tata-ASML Deal Matters ASML is one of the world’s most important semiconductor e

Fuel Prices Rise For Second Time In Five Days Fuel Prices Rise Again Petrol and diesel prices have gone up again across major Indian cities, marking the second fuel price hike within five days. The latest revision was made after oil companies increased retail fuel rates on Monday, adding more pressure on consumers already facing rising transport and household expenses. In New Delh