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Hindustan Unilever seeks CCI clearance to acquire Minimalist

Hindustan Unilever Ltd (HUL) seeks clearance from the Competition Commission of India to acquire a 90.5% stake in Minimalist’s parent company, Uprising Science Pvt Ltd, with eventual full acquisition. The deal is valued at Rs 2,670 crore initially, aiming for…

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HCLTech, Infosys in race for Volvo’s $1 billion tech deal

HCLTech aims to retain its $1 billion contract with Volvo Group as Infosys emerges as a strong contender. The negotiators met in Gothenburg, Sweden, last week. HCLTech’s previous five-year deal included acquiring Volvo’s external IT operations, expecting $2 billion in…

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Psychological health more important for Indian manufacturing employees: Report

Manufacturing sector employees at the best workplaces in India are 2.7 times more likely to stay in psychologically healthy environments, and the overall view of manufacturing as a great place to work has risen to 87 per cent in 2025,…

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PM Internship Scheme: PERSOLKELLY CFO recommends simplified process, expanded eligibility, and corporate incentives in Budget 2025

As India gears up for the Union Budget 2025, one key question looms: How can the Prime Minister’s Internship Scheme (PMIS) be made more effective? Sanjeev Jha, CFO of PERSOLKELLY India, suggests crucial reforms, including simplifying the application process, expanding…

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Pressure on rupee to linger after Fed signals no hurry to cut rates

Referring to the potential impact of policy changes by U.S. President Donald Trump, Powell said that Fed officials are “waiting to see what policies are enacted” before judging the effects on inflation, employment and overall economic activity.

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Sebi cracks down on finfluencers selling stock tips in the name of education

Sebi has issued a draft circular to restrict finfluencers from using the latest share price data when providing educational content. The regulator also prohibits non-registered finfluencers from making claims about returns, with penalties for violations including fines or suspension of…

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  • EPF interest after retirement at 58 continues until 61. Here's right time to withdraw your savings

    An EPF account can continue earning interest for up to 3 years after retirement at age 58. Knowing the right time to withdraw your EPF savings helps maximise returns before the account becomes inoperative.

  • 8th Pay Commission enters next phase: Stakeholder meetings begin in Odisha today; here's the progress so far

    8th Pay Commission begins stakeholder consultations in Odisha. The Commission will gather feedback on salaries, allowances and pensions before tabling its recommendations to the Centre by mid-2027.

  • ‘Stock markets are like a church with casino attached’: Why Warren Buffett's warning against ‘gambling’ still rings true

    Discouraging investors from blindly chasing returns, Buffett reiterated his view that the stock markets are like a church (long term investments) with a casino (quick, short-term bets) attached and many investors are taking too much risk.

  • Online payments: 84% of female entrepreneurs, 54% rural women earners now use UPI, finds study—Here's what they spent on

    A study by DBS Bank India explored how female earners in the country engage with digital payments, banking, credit and investment platforms and found that over half of the rural women earners now use UPI.

  • EPF withdrawal: No TDS after five years of service? Know tax rules, forms and claim process to avoid surprises

    EPF withdrawals are tax-free after five years of service. Before that, TDS applies for amounts over ₹50,000. Partial withdrawals are allowed with conditions, and claims can be made online or offline.

  • Bank holidays next week: SBI, HDFC, ICICI and others will be closed on four days between 6 and 12 July; check here

    Bank holidays next week: UPI and bank apps allow 24/7 transactions. Banks will be closed on Sundays and second Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules.

  • Delhi EV policy: ₹1 lakh incentive for four-wheeler owners who switch to EVs, scrappage incentives explained

    Delhi's new electronic vehicles policy provides ₹1 lakh scrapping incentive for four-wheeler owners who switch to EVs from petrol and diesel vehicles. We explain how the incentives work and steps to apply…

  • Top 5 diversified equity funds based on 10-year returns: Nippon India Small Cap Fund leads with over 21% return

    Based on 10-year returns, Nippon India Small Cap Fund emerged as the best-performing diversified equity scheme, delivering a CAGR of 21.81% over the past decade. The rankings also highlight that Quant Mutual Fund had three schemes among the top five performers.

  • Nifty PSU Bank ETFs: Top 5 funds by AUM and their historical performance compared

    Among ETFs tracking the Nifty PSU Bank Index, Nippon India ETF Nifty PSU Bank BeES is the biggest fund with assets under management (AUM) of ₹4,078 crore. It is followed by Kotak Nifty PSU Bank ETF, while DSP Nifty PSU Bank ETF is the third biggest fund in the category.

  • Fallen trees, flooded roads, dead batteries: How motor OD cover protects you

    Own Damage cover protects vehicles from storms and floods, but payouts shrink sharply without add-ons like zero depreciation. A Mumbai case shows how skipping the fine print can cost thousands in unexpected out-of-pocket repairs.

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