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Indian Oil faces decline in Russian oil imports in 2024/25

INDIA-IOC/RUSSIA (PIX)Indian Oil faces decline in Russian oil imports in 2024/25

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36% of Indian enterprises started budgeting for Gen AI: E&Y report

A survey conducted by multinational professional services firm Ernst & Young showed that 36 per cent of enterprises in India have budgeted and started investing in GenAI while another 24 per cent are experimenting with it.

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ITC to invest Rs 1,800cr in Bengal in 2-3 years

ITC Ltd, which committed and implemented investments of Rs 7,500 crore in Bengal in the last 7-8 years, has also set up a new entity called ITC Integrated Business Services Ltd, which is based in Kolkata. Chairman Sanjiv Puri told…

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How Budget 2025 can walk the tightrope of India’s ‘sins’

Sin Tax Budget 2025: India’s plan to become a developed nation by 2047 requires a healthy workforce, but over 1% of GDP is lost to cigarette consumption. The government imposes a sin tax on harmful products like tobacco and carbonated…

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NSE denies appointment of Siddharth Kotak as its AI Promotion Chairman

The National Stock Exchange of India Ltd (NSE) on Tuesday refuted claims circulating in media reports, regarding the appointment of Siddharth Kotak as the exchange’s AI Promotion Chairman.

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Movate appoints Jay Sahal as CFO

Sahal will take over from Ramaseshan K as CFO. Sahal previously served as CFO at Yellow.ai.

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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.