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Employees in their 40s most at risk during layoffs: Bombay Shaving Company CEO

Employees in their 40s are facing the highest risk during mass layoffs as they usually earn the highest salaries, according to Shantanu Deshpande, CEO of Bombay Shaving Company.

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Depreciating the Rupee can help counter any dumping by China going ahead: Saurabh Mukherjea

Saurabh Mukherjea suggests that China’s manufacturing advantage, stemming from artificially lowered costs, poses a challenge to democracies. He anticipates China will attempt to flood global markets, including India, necessitating currency depreciation as a countermeasure. Mukherjea believes that India, along with…

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Monthly SIP inflows may rise to Rs 40,000 cr in 18- 24 months: Union AMC CEO

Fueled by rising incomes and investment awareness, monthly SIP inflows are projected to reach ₹40,000 crore within 18-24 months. Despite recent market volatility, SIP contributions surged in FY25, reflecting investor maturity. Union AMC anticipates further growth due to favorable tax…

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India’s fintech has come far, but so much more to be done: MobiKwik’s Upasana Taku

MobiKwik cofounder Upasana Taku sees immense growth potential in India’s fintech sector, driven by digital payments and expanding financial services. With only 10 per cent of Indians using multiple financial products, opportunities abound. The company aims for 10 fold growth…

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Recovery in domestic demand, healthy rabi output & easing inflation to boost consumption further: Crisil

India’s domestic demand is showing signs of recovery, supported by several positive developments, according to a recent report by Crisil.

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Nifty projected to reach 25,521 in next 12 months: Report

Despite recent global market uncertainties, the Nifty index is likely to touch 25,521 in the next 12 months, according to report released on Monday.

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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.

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