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Global capability centres in India to exceed 2,500 over next 3-4 years: JLL

The number of Global Capability Centres (GCCs) units in India will exceed 2,500 over the next 3-4 years, as against over 1,950 units now, JLL, a global commercial real estate and investment management company anticipated in a report.

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Microsoft probing if DeepSeek-linked group improperly obtained OpenAI data

Microsoft’s security researchers in the fall observed individuals they believe may be linked to DeepSeek exfiltrating a large amount of data using the OpenAI application programming interface, or API, said the people, who asked not to be identified because the…

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India’s economy faces slowing growth, volatile trade ahead of new financial year

Prime Minister Modi aims to boost India’s slowing economy by reinforcing consumption and cutting tariffs. Key indicators include slowing growth in manufacturing and investment, high food inflation, varied unemployment estimates, managing the fiscal deficit, and weak FDI inflows. The government…

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Ambuja Cements’ net profit more than doubled in Oct-Dec quarter

Ambuja Cements has reported on Wednesday that its profit after tax (net profit) grew more than double year-on-year in the just-concluded October-December quarter.

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Budget 2025 income tax: Why standard deduction should be hiked under new tax regime

Budget 2025 income tax expectations: Standard deduction is a flat deduction available on the salary income that helps reduce the taxable income of a taxpayer. Personal tax experts are of the view that since no major exemptions and deductions are…

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M&M Finance appoints Pradeep Kumar Agrawal as CFO

Animesh Chatterjee, currently Head of Treasury, will serve as the interim CFO until Agrawal takes over in March 2025.

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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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