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PhonePe to hire 20,000 additional on-roll sales employees in rural India, deploy over 50 lakh payment devices

PhonePe on Thursday announced plans to accelerate the expansion of its merchant network and take digital payment infrastructure deeper into India’s towns and villages.

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Make in India shifts focus to deeper manufacturing capabilities, global competitiveness: CII

India’s manufacturing sector is moving beyond expanding production capacity towards building stronger domestic supply chains, developing technology and increasing its participation in global markets, the Confederation of Indian Industry (CII) said on Thursday, as the Make in India initiative completed…

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NSE listing sees India's biggest exchange near bottom of Rs 10,000 crore IPO club

NSE made a muted debut with a 0.8% listing gain, placing it near the lower end of the Rs 10,000 crore-plus IPO club. Despite strong subscription and its dominant market position, the exchange delivered a modest debut. Brokerages remain constructive,…

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House of Tarq crosses ₹40 Crore in CSR Value in under a year

House of Tarq, founded by Manoviraj Singh and Lakshana Asthana, has crossed ₹40 crore in CSR value within the first 10 months of operations, while collectively assessing and managing CSR programmes and portfolios worth more than ₹110 crore.

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India-EU FTA to boost Indian exports, spur Danish investment in India: Denmark envoy Kristensen

The India-European Union Free Trade Agreement is anticipated to significantly increase Indian exports to Denmark. It is also expected to drive greater Danish investment in India, benefiting companies from both regions. Danish investment will focus on manufacturing in India for…

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Amazon Pay India revenue rebounds 18% in FY26, loss widens 33% as costs rise

Amazon Pay India reported an 18.5 per cent increase in operating revenue to INR 2,484.4 crore for 2025-26, despite a 33 per cent widening of net loss to INR 1,148.5 crore due to rising costs. The company aims to expand…

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  • Income tax: Can your business income be clubbed with your husband’s? ITAT ruling offers relief to woman

    ITAT ruled in favour of a woman whose timber business was treated as her husband’s family firm by the Income Tax Department. The tribunal found insufficient evidence linking the two businesses, highlighting the importance of proving ownership in tax disputes.

  • India's HNI term insurance bookings double since 2023; younger buyers drive growth, shows new report

    Term insurance bookings among high-net-worth individuals have doubled since April 2023, while average coverage has risen 30%, Policybazaar data shows. Details here.

  • Financial planning beyond mutual funds: 6 checks every investor should review annually to secure long-term goals

    Financial planning goes beyond mutual funds. A 1 Finance report identifies six areas investors should review annually: estate planning, loans, investments, income and expenses, insurance, and tax. These checks can help protect wealth and keep long-term goals on track.

  • DA hike news: 10-year growth - How central govt dearness allowance rate rose from 2% in 2016 to 63% in 2026 | Explained

    Central government employees' dearness allowance rose to 63% of basic pay in 2026 after a three-percentage-point increase. Here's a look at the allowance's growth over the past 10 years.

  • EPFO plans to invest 3% of fresh inflows in startups and AIFs, five years after approval: What you need to know

    EPFO is drawing up guidelines to invest up to 3% of fresh annual inflows in startups and alternative investment funds (AIFs), five years after government approval. The proposal is expected to go before its board in November.

  • Flat possession delayed for nearly 10 years? Consumer court orders builder to refund ₹45 lakh with 9% interest

    A Mumbai consumer commission has ordered a developer to refund ₹45.45 lakh to a homebuyer who waited nearly a decade for a Panvel flat, with 9% annual interest taking the payout to ₹86.37 lakh. However, it rejected his claim for ₹5.23 lakh in home loan interest.

  • PM Kisan 24th instalment money payment tomorrow: How to check whether you received ₹2000 or not? Steps to check online

    Prime Minister Narendra Modi will release the 24th PM-Kisan instalment on October 30 at an event in Gujarat. Here's how to check the payment status. 

  • Selling a house to clear your home loan? What an ITAT ruling on a ₹26 lakh cash advance means for property sellers

    ITAT Chennai has deleted a ₹26 lakh penalty on a salaried taxpayer who accepted a ₹26 lakh cash advance while selling his house to repay an outstanding home loan. The tribunal cited reasonable cause, considering the genuine transaction and financial circumstances.

  • AI for personal finance: Can you trust artificial intelligence to manage your investments? What investors must know

    AI can help investors identify costly funds, idle cash and gaps in financial planning, but it may not replace human judgement. A 1 Finance report says effective financial advice extends beyond investment returns to goal planning, behavioural coaching and monitoring changing financial needs.

  • ‘In fake world, people are losing tonnes of money’: SEBI chief Tuhin Kanta Pandey on WhatsApp, Telegram investment scams

    SEBI chief Tuhin Kanta Pandey warned against investment scams on WhatsApp and Telegram, saying people are losing money to misleading promises. SEBI has introduced a tool to verify bank accounts, UPI IDs and QR codes linked to regulated market entities.

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