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The plan marks President Lee Jae Myung’s boldest push yet to align South Korea’s AI and chip ambitions with his pledge to narrow regional disparities and revive economies beyond the Seoul metropolitan area. Image for representation | Photo Credit: Reuters South Korea on Monday (June 29, 2026) laid out a sweeping industrial strategy centred on…
Read More “South Korea announces massive $576 billion AI-chip investment” »
The stock slipped 3.14% to Rs 396.15 on the BSE. | Photo Credit: The Hindu Shares of Kotak Mahindra Bank declined over 3% on Monday (June 29, 2026) morning trade after the firm said its MD and CEO Ashok Vaswani will quit upon completion of three-year tenure and will not seek re-appointment when his current…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Market benchmark indices Sensex and Nifty drifted lower in early trade on Monday (June 28, 2026) amid renewed hostilities between the U.S. and Iran. The 30-share BSE Sensex declined 63.65 points to 77,047.63 during initial trading. The 50-share NSE Nifty went marginally up by 16.55…
Read More “Stock markets decline in early trade amid renewed flare-up in geopolitical tensions” »
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 20 paise to 94.25 against the U.S. dollar in early trade on Monday (June 29, 2026), supported by easing crude oil prices, even as a firm U.S. dollar and tepid investor risk appetite weighed on sentiments. Forex traders said the rupee opened…
Read More “Rupee rises 20 paise to 94.25 against U.S. dollar in early trade” »
The meeting will focus on issues related to the harmonisation of export promotion schemes and SEZ reforms, the official said. File photo: X/@PiyushGoyal via ANI The Commerce Ministry has called a meeting of stakeholders on June 30 to discuss issues related to special economic zones (SEZs), an official said. The meeting will focus on issues…
Read More “Commerce Ministry convenes stakeholders’ meet on June 30 on SEZ issues” »
Representative image. | Photo Credit: Getty Images/iStockphotos How much hospitalisation insurance is enough? For the average city living middle class family ₹5 lakh looks woefully inadequate because which city hospital even has ₹5,000 rooms? Because, with the sub limit of 1% of sum insured (SI) on room rent, you will be dipping into your pocket…
Representative image. | Photo Credit: Getty Images/iStockphotos There is a hungry ‘ghost’ ‘haunting’ your office. It neither rattles chains, bangs on doors, roams dark corridors, nor lives in deserted, dilapidated buildings. It silently lurks in WhatsApp groups, emails or phone calls. Its ambush is never a one-time affair. It strikes again and again, often when…
Read More “What is treatflation? How workplace spending drains your savings” »
Representstive image. | Photo Credit: Getty Images/iStockphoto Asset management companies in India can now offer lifecycle funds, a category of funds introduced by SEBI this year. Such funds can hold equity, bonds and commodities. Hybrid funds typically carry equity and bonds. For our discussion, we refer to all multi-asset-class funds as asset allocation funds. In…
There was a time when retirement in India was largely someone else’s responsibility. A government pension or the comfort of a large joint family often filled the gap. That reality, however, has changed quietly but decisively. Today, the burden of retirement security is shifting squarely onto individuals and households. If we do not plan early…
Read More “Why pension planning can no longer be optional” »
The story so far: Building on the momentum gained from its 2020 EV policy, which led to Delhi achieving almost 14% EV penetration by 2025, when the national average over the same period was about 8%, the Delhi Government has proposed what is arguably one of the most ambitious transport electrification policies in the country….
Read More “Why are auto firms opposing Delhi’s revised electric vehicle policy?” »