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India targets $55 trillion economy by2047 through AI, manufacturing, FDI and sunrise sectors

India aims for a $55 trillion economy by 2047. This ambitious goal relies on leveraging its young demographic in artificial intelligence. Strategic capital deployment and sustained growth will unlock value across core sectors. Attracting foreign investment and expanding manufacturing are…

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Stock-investment scams, transnational financial frauds among key unlawful contents rising: Agencies alert

During the period from March 2026 to July 2026, official data mentions that nearly 2.98 lakh URLs were sent to social media platforms for takedown, out of which 2.44 lakh were sent by states (which is nearly 82 per cent).…

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Exports key for mobile brands to maximize Mobile Phone Manufacturing Scheme incentives: Kotak

Exports are likely to be the key driver for mobile phone brands seeking to consistently beat the growth benchmark and maximise incentives under the newly notified Mobile Phone Manufacturing Scheme (MPMS), according to a report by Kotak Institutional Equities.

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Rs 464.8 crore sent abroad, but where were the firms? Hyderabad probe raises red flags

In a significant crackdown, the Hyderabad police are probing alleged illegal foreign remittances surpassing Rs 464 crore. These transactions were reportedly made through two deceptive shell companies. A chartered accountant has been accused of providing certificates without proper verification of…

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Banks told to have stricter norms for eligibility of forensic auditors

Banks are tightening their forensic auditor empanelment framework. This action follows Enforcement Directorate observations against two audit firms. Two audit firms have been de-empanelled from the Agencies for Specialised Monitoring list. Lenders will review the framework for empanelling audit firms…

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Hyundai, Jio-bp partner to expand EV charging access to over 37,000 points

Under the partnership, Hyundai’s own DC fast-charging stations will also be progressively made available on the Jio-bp Pulse Charge Pro app.

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  • Big tax relief: How a former BSNL employee won full VRS exemption at Chennai ITAT

    Tax experts said the former employee succeeded because the Chennai ITAT accepted that the compensation paid under BSNL VRS-2019 was, in substance, retrenchment compensation rather than ordinary VRS compensation.

  • US Treasury yields rise: How it could impact Indian bonds and borrowers

    US Treasury yields are rising amid concerns over US debt, deficits and inflation. Here's how higher US yields could affect Indian bonds, foreign flows and borrowing costs, and why investors should watch the US bond market.

  • Step-up SIP explained: How an extra ₹1,000 can boost your retirement corpus

    A slightly higher starting contribution can produce a considerably larger corpus when combined with the same annual step-up strategy.

  • How much money do you need to retire? Start with expenses, not a ₹1 crore target

    Retirement corpus plan: There is no one-size-fits-all retirement corpus. Your target should factor in current spending, inflation, retirement age, lifespan, post-retirement income and investment returns. Here's how to calculate how much you may need.

  • When pay cheques stop: Why every salaried professional needs these 3 financial pillars

    The starting point of any solid financial plan is a dedicated emergency reserve.

  • DA, pension, 5-day work, incentives on list of demands by Bank workers, as union threatens strike on 11 September

    DA formula to change? Bank unions are planning a nationwide strike on 11 September to push demands for five-day work week, performance-linked incentives, and pension reforms. Here's all we know… 

  • Small-cap funds see strong inflows: Groww AMC identifies 4 sectors with long-term growth potential

    Groww cautions that small-caps remain a highly volatile investment category. Investors should therefore maintain a long-term horizon of at least eight to 10 years to potentially generate sustainable returns and a healthy CAGR.

  • Foreign assets disclosure: Key FAST-DS rules Income Tax Department wants taxpayers to know

    The Income Tax Department’s FAST-DS scheme gives eligible taxpayers a limited window to disclose certain foreign assets. Here are the key rules on eligibility, valuation, tax, penalties and the 31 December 2026 filing deadline.

  • ITR deadline on 31 August: Here's who must file their returns, checklist for taxpayers and top things to know

    Deadline to file income-tax returns for business or professional (including freelancers) income, is fast approaching on 31 August. Here's who must file their returns, checklist for taxpayers and top things to know…

  • Jeevan Pramaan: 6 hurdles NRI pensioners may encounter in life certificate submission and how to overcome them

    The Jeevan Pramaan platform allows pensioners to submit Digital Life Certificates online, but NRIs reportedly face challenges like lack of Aadhaar-linked Indian mobile numbers and difficulties with digital services, prompting many to submit offline.

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