NPS exit overhaul: PFRDA eases withdrawal norms for private subscribers; exit age raised to 85 – top thing to know

[ad_1] India’s pension regulator has relaxed exit and withdrawal norms under the National Pension System (NPS), giving non-government subscribers greater flexibility over their retirement savings and extending the investment horizon to age 85, PTI reported.Under the revised rules, non-government NPS subscribers will now be allowed to withdraw up to 80% of their accumulated pension wealth…

Read More

India-Oman trade deal: How the CEPA will anchor India’s expanding Gulf strategy; strengthen strategic and investment footprint

[ad_1] India and Oman are set to sign a Comprehensive Economic Partnership Agreement (CEPA) on December 18, a move that will deepen economic ties and anchor India’s expanding trade and strategic footprint in the Gulf, according to a report by the Global Trade Research Initiative (GTRI).The agreement, to be inked in Muscat during Prime Minister…

Read More

US markets today: Wall Street holds steady near record highs; oil rebounds after Venezuela tanker move

[ad_1] US stocks were largely steady in early trade on Wednesday as oil prices rebounded from multi-year lows, with energy stocks lending support after President Donald Trump ordered a blockade of all sanctioned oil tankers into Venezuela, according to an AP report.The S&P 500 was up 0.1% in early trading, coming off three straight sessions…

Read More

Pay hike outlook: India Inc eyes 9% salary growth in 2026; bonuses and skills take centre stage

[ad_1] Indian employees can expect a moderate but steady rise in pay packets in 2026, as companies recalibrate compensation strategies to balance cost pressures, talent retention and productivity in a rapidly evolving workplace, PTI reported citing a survey.Average salaries in India are projected to rise by 9 per cent in 2026, with organisations placing sharper…

Read More

Trump sanctions fail to dent flow? India’s oil imports from Russia top cross 1 million barrels a day; show resilience

[ad_1] India’s imports of Russian oil are expected to cross 1 million barrels per day this December. (AI image) Donald Trump’s sanctions on Russian oil majors don’t seem to have deterred Indian refiners from procuring crude – though non-sanctioned – from Russia. India’s crude oil imports from Russia are showing resilience in December, days after…

Read More

Air travel now runs on code: Inside the tech backbone reshaping airports

[ad_1] MUMBAI: As the global air travel industry becomes larger and more complex with each passing decade, airlines and airports are increasingly moving towards digitisation. From printed paper tickets that came in airline jackets, to home-printed e-tickets, to today’s digital boarding passes on mobile phones; from conventional check-in and immigration counters to biometric gates; and…

Read More

iPhone chips to be made in India? Apple in talks with Indian chip manufacturers; why it’s significant

[ad_1] This is Apple’s first such evaluation of having specific chips assembled and packaged within India. (AI image) Apple iPhone chips may soon be assembled in India with the tech giant in early discussions with Indian chip manufacturers regarding the assembly and packaging of components for the iPhone. This development could represent a significant advancement…

Read More

Asian shares today: Market mixed after Trump ‘sanctioned Venezuela oil tankers’; oil prices jump over 1%

[ad_1] Asian shares traded mixed on Wednesday, with strong buying in technology stocks supporting some benchmarks, while oil prices surged more than 1% after US President Donald Trump ordered a blockade of all “sanctioned oil tankers” entering and leaving Venezuela.Trump’s move followed last week’s seizure of an oil tanker off Venezuela’s coast by US forces,…

Read More

Rupee rebounds! Currency recovers on likely RBI intervention after opening at 91.07 vs US dollar; biggest single-day gain in 7 months

[ad_1] Capital outflow due to FII activity has been driven by geopolitical uncertainty. Rupee stayed under pressure on Wednesday, opening at a record low of 91.07 against the US dollar, down 0.05% from its previous close, before clawing back part of its losses, likely supported by intervention from the Reserve Bank of India (RBI), Reuters…

Read More