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‘Pharmaceutical tariffs coming in next month or two’: Howard Lutnick signals imminent tariffs on imported medicines

The U.S. is preparing to announce sweeping tariffs on pharmaceutical imports within the next two months, according to Commerce Secretary Howard Lutnick. President Donald Trump says the move will push drug companies to manufacture in America. India, which supplies over…

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India’s healthcare expenditure expected to surge from 3.3% to 5% of its GDP by 2030: CareEdge

India’s healthcare expenditure will surge from 3.3 per cent to 5 per cent of its GDP by 2030, said CareEdge in its latest report.

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Banks seek power to freeze accounts in illicit transactions cases to rein in cyber fraud

To combat cyber fraud via mule accounts, banks are urging for authority to freeze suspicious accounts swiftly, bypassing lengthy approval processes. The Indian Banks’ Association suggests using AI and ML for enhanced monitoring and verifying accounts opened with voter IDs…

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Good time to fetch capital via ECBs, trend may continue for next 2-3 years, says UGRO Capital CFO

UGRO Capital CFO Kishore Loadha sees the current ECB environment favourable, mentions about the recent surge in deal activity like never before and aims to scale co-lending to 50 per cent of its AUM from the current 44 per cent.…

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Mivi eyes Rs 1,000 cr revenue in FY26 with category expansion, geographic scaling, new mfg facility

Hyderabad-based Mivi, aims for Rs 1,000 crore revenue by FY26, expanding into IoT devices, smart wearables, and security cameras. Fueled by its Mivi AI platform, the company anticipates tripling revenue.

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FPIs pull out nearly ₹32k cr from equities in April so far

Foreign investors have withdrawn a substantial Rs 31,575 crore from Indian equity markets this month, influenced by global market turbulence stemming from US tariffs. This outflow follows a previous infusion in late March, but overall FPI outflow has reached nearly…

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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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