EPF: What retirement corpus can you expect with an initial basic pay of Rs 25k The Employees’ Provident Fund is one of the most impactful social security schemes that employees of the formal sector in India have. In fact, if one works uninterruptedly from the twenties to late fifties, it is not difficult to accumulate a significant amount.
SIP calculator: How much to invest for a Rs 5 crore retirement kitty Mutual fund systematic investment plans have turned out to be the preferred investment instrument for the Indian middle class with inflows through this route amounting to about Rs 26,000 crore even in February 2025, which is significantly higher than Rs 1,000 crore a day.
RBI could cut rates again: Could your loan EMIs go down? In February the Reserve bank of India trimmed interest rates for the first time in five years. Experts are almost certain that the Monetary Policy Committee of the RBI will again recommend cutting rates again in its meeting on April 7-9.
Trump’s latest tariffs could affect common Americans for years, warn experts While Donald Trump is emphasising that his tariffs would eventually lead to gains for the US, including return of more jobs, experts have highlighted that the tariffs will be severe for those who earn less and they could contribute to unemployment or lower incomes down the road.
Trump tariffs: China retaliates, sends Dow crashing by 2,000+ points The Commerce Ministry of China, the word’s second largest economy, said it would respond to the 34% tariffs imposed by the US on imports from China with its own 34% tariff on imports of all US products beginning April 10. It triggered a global selloff.
India’s Forex reserves jumps USD 6.596 bn to USD 665.396 bn; Gold reserves also spike India’s forex kitty jumped USD 6.596 billion to USD 665.396 billion during the week ended March 28, the RBI said on Friday. Gold reserves increased by USD 519 million to USD 77.793 billion during the week, the RBI said.
US-China Tariff war: Beijing to impose 34 per cent tariffs on American goods The tariffs will be imposed on all imported US products starting April 10, state-run Xinhua news agency reported. China filed a lawsuit with WTO after the US slapped “reciprocal tariffs” on trading partners, the report said.
Gold snaps 5-day winning streak, plunges Rs 1,350; Silver prices also tank On Thursday, Gold of 99.9 per cent purity had climbed Rs 200 to hit a fresh peak of Rs 94,350 per 10 grams. Silver prices also tanked by Rs 5,000, logging the steepest fall in four months, to Rs 95,500 per kg.
PPF Nominee Update: govt bans charges, allows 4 nominees Finance Minister Nirmala Sitharaman announced the elimination of all charges for updating PPF nominee details, amending the Government Savings Promotion General Rules, 2018. The Banking Amendment Bill 2025 further allows up to four nominees for PPF accounts and other bank deposits.
India’s services sector growth moderates in March on slowdown in output, sales: PMI Business confidence and job creation softened among goods producers and services companies, while employment rose at the slowest pace in just under a year, whereas optimism faded to the weakest since October 2024.
