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Hero Motors refiles papers for IPO, raises issue size to Rs 1,200 crore

Hero Motors has refiled its DRHP with SEBI for an IPO, increasing the issue size to Rs 1,200 crore. The IPO includes a fresh issue of shares worth Rs 800 crore and an offer for sale of Rs 400 crore…

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Japan’s SMBC seeks CCI nod to acquire 20 pc stake in Yes Bank

Sumitomo Mitsui Banking Corporation (SMBC) is seeking regulatory approval from the CCI to acquire a 20% stake in Yes Bank, marking a significant cross-border investment in the Indian banking sector. This move follows an agreement where SBI and seven other…

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India may finalise interim trade deal with US as early as this week: Report

India is likely to finalise an interim trade agreement with the United States as early as this week, Financial Times reported, citing sources familiar with the talks. The deal would mark one of the first with a major US trading…

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Cabinet likely clears ₹20,000-22,000 cr R&D fund for sunrise sectors, approves National Sports Policy: Report

The Union Cabinet, under Prime Minister Modi, has reportedly approved a ₹20,000 crore R&D fund to boost sunrise sectors, potentially extending support to domestic manufacturing. Simultaneously, the Cabinet has also greenlit the National Sports Policy, which aims to enhance sports…

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Rs 72 lakh crore stock market boom flashes valuation warning. Where’s the smart money going?

India’s stock market has surged, with the Sensex soaring by 12,000 points in under three months, fueled by strong domestic and foreign investment. This rally, however, has triggered valuation warnings as markets trade above their historical averages. Experts advise investors…

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Law firms weigh taking Air India to court in US, UK

Following the Air India plane crash on June 12, international law firms Keystone Law and Wisner Law Firm are engaging with victims’ families to explore potential lawsuits in the US and UK. These lawsuits aim to claim legal rights under…

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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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