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News

  • India is way ahead of China, UK in the number of young entrepreneurs and women founders: Hurun's U35 Rich List

    India leads Hurun’s U35 comparisons with 180 entrepreneurs, ahead of China’s 101 and the UK’s 62. It also has the most women.

  • Dearness allowance hike: Cabinet skips July 2026 DA decision as railway bonus, social assistance plan get nod

    Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinet’s latest meeting. While the announcement remains pending, two other proposals have received approval. 

  • Who is Romita Mazumdar? Foxtale founder is only woman among Hurun’s 10 youngest entrepreneurs

    Romita Mazumdar, Foxtale’s founder and CEO, is the youngest woman on the Avendus Wealth–Hurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

  • Sectoral mutual funds: Why investors should explore banking, auto, power and healthcare funds now

    Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

  • HDFC Small Cap Fund is the only scheme with negative YTD returns in 2026: What sets it apart from the category leader?

    HDFC Small Cap Fund has delivered negative returns in 2026 so far, while Bank of India Small Cap Fund leads the category with 32.71% returns. Differences in small-cap allocation, sector exposure and stock selection offer insights into the contrasting performance of the two schemes.

  • Govt renames NSAP as PM Samajik Sahayata Yojana, raises disability pension to ₹375; minimum age limit removed

    The Union Cabinet has approved renaming the National Social Assistance Programme (NSAP) and revising disability pension rules. Monthly assistance will rise to ₹375 for beneficiaries aged 0-79 and ₹625 for those aged 80 and above, while the disability threshold drops from 80% to 40%.

  • Sent money to the wrong UPI ID? Here’s how to raise a complaint and recover it

    Report the transaction through your UPI app and bank immediately to improve your chances of recovering the money

  • US stocks: You receive $75 on a $100 dividend, but India may tax the full amount again; how to claim relief

    Indian residents earning dividends from US stocks generally receive payouts after US withholding tax. The full dividend is again taxable in India. Here's how to claim relief.

  • SC makes insurance mandatory for all train tickets from Oct 27; here's what it means for customers booking offline

    The Supreme Court has directed Indian Railways to make insurance mandatory for all tickets bought at station counters from October 27, 2026, extending coverage already available optionally to online ticket holders. Details here. 

  • Asked to be an executor? Know your duties before you agree

    Being an executor involves managing a deceased person’s estate, settling liabilities and distributing assets. Here’s what the role entails and when you can renounce it.

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