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Paytm’s parent company did not file necessary reporting to RBI: ED on Rs 611-cr notice

The Enforcement Directorate has issued a show cause notice to Paytm’s parent company and its affiliates for allegedly violating FEMA regulations, totaling around Rs 611 crore. Investigations revealed that One 97 Communications Limited and its subsidiaries failed to comply with…

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Centre grants Navratna status to IRCTC, IRFC

The grant of ‘Navratna’ status typically leads to an enhanced delegation of powers, more operational freedom, and financial autonomy, which gives these companies tremendous impetus.

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Indian startups raise USD 1.65 bn in February; median valuation at USD 83.2 mn

Indian startups raised USD 1.65 billion in February 2025, marking a 19.5% increase from January. Bengaluru and Mumbai witnessed substantial funding, with Oxyzo leading with USD 1 billion. Notable acquisitions and IPOs were also recorded, contributing to the overall positive…

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PMI scheme: MCA announces over 3,100 paid IT and software development internships

The Ministry of Corporate Affairs (MCA) on Monday announced that it has introduced over 3,100 paid internships in information and technology (IT) and software development under the Prime Minister Internship Scheme (PMIS).

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Of 1.2 lakh hirings by tech sector, 1 lakh were by GCCs

​Through the first nine months of 2024-25, top Indian IT firms hired just 11,000 people. In fact, the top five Indian IT services organisations increased their workforce by only 5,190 employees during the 2023-24 financial year. TOI reported how this…

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Women in India increasingly seeking credit, monitoring credit scores: Report

Women in India are increasingly monitoring their credit scores, with a 42% rise in self-monitoring as of December 2024. Non-metro areas show higher engagement, while challenges remain in access to credit. Policy efforts and inclusive financial products are essential to…

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  • 8th Pay Commission Kolkata meeting begins today: What Central government employees and pensioners can expect

    The 8th Pay Commission begins stakeholder consultations in Kolkata today, with discussions likely to focus on fitment factor, minimum pay, pension reforms and HRA revisions. The feedback will shape final recommendations for central government staff and pensioners.

  • July 2026 DA hike: 3% increase most likely as June inflation data guides decision, says expert

    3% Dearness Allowance hike for Central government staff and pensioners is a possibility in July 2026. The final DA revision hinges on June AICPI-IW inflation data, with the government's announcement expected after Cabinet approval and inflation review.

  • UPI and personal loans are replacing credit cards in Indians' wallets: CIBIL

    Credit card penetration in India remains low, with only 5.2 crore holders, representing 25% of the credit-active population. While usage is rising, first-time borrowers account for just 8% of new credit card issuances

  • PPF account turns dormant if you invest less than ₹500 a year: What you lose and how to revive it

    PPF accounts become inactive if the annual ₹500 minimum deposit is missed, restricting benefits. Activation requires a request and payment of a penalty. Full details here.

  • Sebi reintroduces open-market share buybacks: How your gains will be taxed and what to consider before participating

    Sebi has notified rules for open-market share buybacks effective 1 August 2026, allowing companies to repurchase shares through stock exchanges. Here's how your capital gains will be taxed and what to consider before selling your shares via the open market.

  • How many mutual funds should you own? Experts explain the right portfolio mix

    Managing too many mutual funds complicates portfolio tracking without enhancing diversification. Experts suggest three to six funds can suffice, emphasising a mix of large, mid, and small-cap funds along with debt for balance. 

  • As the Magnificent 7 lose swagger, which stock should you buy now? Experts reveal the right strategy

    The Magnificent Seven tech giants are losing investor interest as their performance lags behind the Nasdaq 100 and S&P 500. Emerging chipmakers like Micron Technology are gaining traction, while stocks like Alphabet show potential amidst differing fortunes among the group.

  • Quant Mid Cap Fund beats benchmark in short term after years of lag: Expert explains what investors should do

    Quant Mid Cap Fund has outperformed its benchmark index over the last 3 and 6 months, but continues to lag over the 1-, 3-, and 5-year periods. The expert attributed the rebound to portfolio repositioning and advised investors to focus on long-term consistency. 

  • ITR filing 2026: Preventive health checkups can help you save tax — here's how

    The ITR filing deadline is approaching, prompting taxpayers to prepare documents and explore deductions. Section 80D allows deductions for preventive health checkups, capped at ₹5,000, applicable only in the old tax regime.

  • EPFO portal revamp: 10 changes in PF claims, withdrawals and transfers every member should know

    The Employees' Provident Fund Organisation has centralised its member database through the CITES project to enhance service speed, transparency, and accessibility. 

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