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Only half of eligible players got telecom manufacturing PLI incentives, ₹1,162 cr disbursed till March 31

Jabil Circuit was the biggest beneficiary of the scheme. It received ₹235.87 crore as incentive in two fiscal years 2022-23 and 2023-24.

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88 pc global firms now have dedicated AI budgets; focus shifts to intelligent agents: Report

Nearly 88 per cent of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15 per cent of their overall tech budgets on AI projects, a new report said on Monday.

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Torrent Pharma to acquire JB Chemicals in ₹19,500-cr deal

Torrent will acquire 46.39 per cent stake from promoters Tau Investment Holdings Pte Ltd (a unit of global investment firm) for about Rs 11,917 crore.

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India will continue to be fastest growing economy, even perform better: FM Sitharaman

India will continue to be the fastest-growing economy at the current rate of growth – or even better – and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala Sitharaman said…

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Number of new firms registered in India clocks 29 pc jump in May

The number of new companies registered in India surged by 29 per cent year-on-year in May this year to 20,718, reflecting the acceleration in economic activity, according to the latest monthly bulletin released on Monday by the Ministry of Corporate…

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India’s trade deficit may surge to $300 bn in FY26 despite lower oil prices: ICICI Bank Report

ICICI Bank projects India’s trade deficit to widen to USD 300 billion in FY26, driven by weak non-oil export performance despite moderate oil prices. Imports are expected to remain strong due to robust domestic growth. Steady service exports and remittances…

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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.