Blog - Advisors India

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Amid trade tensions, Indian economy continues to show growth momentum: EY’s Economy Watch

India’s economy continues to show signs of stability and resilience despite global uncertainties, according to EY’s Economy Watch report.

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IREDA says Gensol promoters diluted equity without lender approval, files EoW complaint

IREDA has accused Gensol Engineering’s promoters of breaching their contract by diluting shareholding without lender approval and filed a complaint with the Economic Offences Wing. This action follows an internal review prompted by concerns over Gensol’s loan account, which is…

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ADB pledges $5 billion for India’s growth

The Asian Development Bank (ADB) pledged $5 billion in loans and grants to India in 2024, along with $2.2 billion in cofinancing, to support key developmental projects. Funding is directed towards healthcare, education, and infrastructure improvements across multiple states. Maharashtra…

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Nokia sells stake in Vi, raises Rs 785.67 crore

Nokia Solutions and Networks India divested its 0.95% stake in Vodafone Idea (Vi) through a bulk deal, raising Rs 785.67 crore. Goldman Sachs (Singapore) Pte was a major buyer, acquiring a 0.55% stake. This sale follows Vi’s allotment of shares…

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Trump says markets are adjusting to his tariff policy

US President Donald Trump on Friday told reporters his administration will be reasonable as it enacts tariffs, adding that he thinks financial markets are adjusting to his tariff policy.

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US consumer sentiment remains weak in April on tariffs concerns

American consumer confidence saw a dip in April. This decline marks the fourth consecutive month of weakening sentiment. Concerns about tariffs and potential inflation are the main drivers. The University of Michigan survey reveals worries about the economy. Consumers anticipate…

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8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details
8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.
EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process
The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.
DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements
DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.
ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory
Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.
Pension rules: Orissa HC says government employees can't lose pension over leave alone
The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.
Nasdaq 100 tops 20-year returns at 21%; Nifty Midcap leads Indian markets: Which investment created more wealth?
The Nasdaq 100 emerged as the biggest long-term wealth creator over the last 20 years, with 21.3% returns. Among Indian equity benchmarks, the Nifty Midcap 150 TRI delivered the highest annualised return over the same period at 16.3%.
EPFO centralised database migration: Single portal for claims, digital interface, CITES project — Key features explained
The Employees' Provident Fund Organisation (EPFO) has this month migrated entire member database to the Centralised IT Enabled Services (CITES) project. The overhaul of its digital infrastructure aims to make services faster, transparent and more citizen centric.
Received money, shares or property as a gift? It may be tax-free, but here's when you will have to pay tax
Gifts from family can be tax-exempt, but not always. Tax treatment varies based on the giver, value, and occasion. Here's when a gift is tax-free when it becomes taxable.
Quant Small Cap Fund portfolio: Reliance Industries among 9 stock exits, 5 new additions in June
Quant Small Cap added five new stocks to its portfolio in June while making complete exits from nine companies, including Reliance Industries. The fund also sharply increased holdings in RBL Bank, Sona BLW Precision Forgings and Anand Rathi Wealth while trimming exposure to several existing stocks.
Who is an NRI for income tax purposes? Know the conditions under which ITR filing is required in India
Living abroad does not automatically exempt NRIs from filing an ITR in India. Tax filing depends on residential status, income earned from Indian sources, and other conditions such as salary, rent, capital gains, business income, TDS refunds, and DTAA claims.