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Fresher hiring in India goes up by 11% in June, Naukri report says

India’s job market saw an 11% increase in fresher hiring in June 2025, driven by accounting, insurance, and AI/ML sectors. Several cities emerged as a key hiring hub for freshers, while IT hiring turned positive in tier-II cities. The insurance…

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TReDS platform RXIL crosses Rs 2 lakh cr MSME invoice financing milestone

Receivables Exchange of India Ltd, an MSME invoice financing platform, has achieved a significant milestone. It has crossed Rupees two lakh crore in financing. In fiscal year 2025 alone, RXIL facilitated Rupees eighty thousand five hundred crore in financing. Over…

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Steamhouse India files confidential draft IPO papers; aims to raise up to Rs 700 cr

Steamhouse India, a steam and gas supplier, plans to launch an IPO. The company aims to raise between Rs 500 crore and Rs 700 crore. They have filed confidentially with SEBI. The Surat-based firm serves many clients nationwide. Expansions are…

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India’s Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

TRAVEL FOOD SERVICES-IPO/India’s Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

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India’s growth engine loses steam in June, may get back on track soon

On the positive side, India’s manufacturing activity strengthened and petrol consumption increased at a fast clip.

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India projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is trending at…

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  • EPFO: Taxation rule on Voluntary Provident Fund — the ₹2.5 lakh VPF threshold, explained

    VPF allows employees to contribute more than the mandatory EPF rate for a larger retirement corpus. Contributions over ₹2.5 lakh face taxation on excess interest. VPF matches EPF's interest rate and qualifies for tax deductions under Section 80C, with specific withdrawal conditions.

  • ₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here's what ITAT ruled

    A Delhi taxpayer was denied a ₹17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.

  • Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases

    The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms — curb corruption and overcharging at these stores. Here's all we know…

  • HDFC Bank revises MCLR across tenures: Check latest lending rates and what they mean for your loan EMI

    HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

  • 8th pay commission: HRA revision, minimum monthly transport allowance, salary increase — Check top demands by AINPSEF

    8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.

  • Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy

    Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of ₹15,798 crore and has delivered an 18.77% return over the last three years.

  • DA hike: Kerala mulls 2% increase in Dearness Allowance by August for extra salary during Onam festivities

    DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.

  • Form 68 explained: Who should file the new exempt income statement, how it works, can it be revised — all FAQs answered

    The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.

  • What is the active share of a mutual fund

    Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.

  • Is a ₹35,000 monthly pension enough in Lucknow? Expert breaks down housing, healthcare, food and daily costs

    Stretching a ₹35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.

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