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GST evasion of ₹1.95 lakh crore detected by CGST officials during April-January: MoS Finance

As per the data shared in the Lok Sabha, the total number of GST evasion cases detected by central government officers in the last five years was 86,711 and the total detection was over ₹6.79 lakh crore.

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Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Fitch Ratings removed Adani Energy Solutions Ltd (AESL) from its ‘Ratings Watch Negative,’ affirming its ratings at ‘BBB-‘. This change follows the Adani group’s adequate funding access post the US indictment of group members. However, the outlook remains negative due…

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FinTech Funding February 2025: Indian FinTechs raised USD 144.75 Mn

Indian FinTechs raised a total of USD 144.75 million, across fourteen deals, compared to USD 100.38 million in January. Bengaluru based Cashfree Payments managed to bag USD 53 million in its series C funding, followed by Zeta that secured USD…

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India inflation likely eased below 4% in February for the first time in six months

India’s February consumer inflation likely fell below the RBI’s 4.0 per cent target due to moderating food prices, raising expectations of interest rate cuts. A Reuters poll of economists predicted inflation at 3.98 per cent, driven by a slowdown in…

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IT creates dedicated units for MNCs’ capability centres

Such deals are beyond the existing partnerships they have with overseas firms for technology services and solutions as third-party providers. Companies driving these initiatives include Accenture, Cognizant, Infosys, Wipro, Capgemini, Tech Mahindra and Persistent Systems.

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AI development faces risk of entrenched bias due to underrepresentation of women: Microsoft executive

Himani Agrawal, chief partner officer, Microsoft India and South Asia, believes that inclusion is a shared responsibility and if AI continues to be shaped without diverse perspectives, the biases of today risk becoming hardwired into the technology of tomorrow.

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  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

  • ITR-2 filing for AY 2026-27: Step-by-step guide to file income tax returns correctly before 31 July deadline

    ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.

  • Top 5 dividend yield funds based on 5-year returns: ICICI Prudential Dividend Yield Fund leads with 19.95% returns

    Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 

  • EPFO's 2026 overhaul: key takeaways from the latest EPF, EPS, EDLI schemes

    The new EPF Scheme, 2026 does not make higher PF contributions optional. Here's what remains unchanged, what has changed, and what it means for employees and employers.

  • Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand

    A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.

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