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IFC, ADB, DEC get CCI’s clearance to acquire stake in Fourth Partner Energy

CCI has approved the acquisition of certain shareholding in Fourth Partner Energy by IFC, ADB, and DEG to support its expansion in renewable energy. Additionally, CCI cleared Mars Inc’s $35.9 billion acquisition of Kellanova, a leader in global snacking and…

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GST cess may fall short of Rs 1.37 lakh crore for states compensation

The GST compensation cess fund might have a ₹1.37 lakh crore shortfall by March 31 due to ₹50,000 crore interest on Covid loans. An additional ₹13,000 crore compensation may be required after reconciling audited accounts. The Centre is confident cess…

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Centre to mediate high state taxes stifling mining operations

The Centre intends to consult with states to curb excessive taxation on mining operations, addressing concerns from the sector. This follows a Supreme Court ruling allowing states to impose additional taxes, as seen with Karnataka’s new levies. The meeting will…

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IBC turns lifeline for hospitals: Investors snap up distressed healthcare firms

Despite the potential risks of lengthy litigation and financial and operational issues, assets facing bankruptcy proceedings are much cheaper in a market where hospital properties command premium valuations — an enterprise value (EV) of more than 25 times the Ebitda…

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Quick commerce companies quizzed by government over FDI, operating model

Senior executives from Blinkit, Swiggy Instamart, Zepto, and Bigbasket met with Indian government officials. They discussed warehouse ownership, compliance with FDI norms, and the impact on kirana stores. The officials expressed concerns about delivery safety and competition for small shops.…

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Year Ender: NSDC aims to skill 1 lakh youth in AI, drones and cloud computing by 2025-end

The Skill India Digital Hub (SIDH) set up by the National Skill Development Corporation (NSDC) has emerged as an integral centre for courses in AI, drone technology, data science, and cloud computing with a mission to take the number of…

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TDS on rent paid to joint owners explained: How the ₹50,000 threshold applies per landlord under Section 194IB
Clarity on TDS on rent paid to joint owners shows the ₹50,000 threshold applies per landlord, not per property. Joint ownership rent splits decide tax deduction, ensuring accurate compliance under Section 194IB and avoiding unnecessary deductions.
Pay only for the kilometres you drive: How PAYD insurance works
If you drive infrequently, a pay-as-you-drive (PAYD) policy could significantly lower your car insurance premium. Here's how it works, who should opt for it, and the risks to watch for.
8th Pay Commission: Odisha and West Bengal meetings take centre stage–top 5 updates you must know
The 8th Pay Commission is entering a crucial stage, with stakeholder meetings being held in Odisha and West Bengal to discuss salaries, pensions, allowances, and the fitment factor.
I asked ChatGPT how many credit cards are too many; Experts filled in the gaps with what AI missed
Several banks have altered credit card rewards, which may make cardholders reassess how many cards they need. I asked ChatGPT how many credit cards are too many and experts filled in the gaps with what AI missed.
I asked ChatGPT how rich Indians must become for the country to be ‘developed’; an expert adds what AI missed
I asked ChatGPT how rich Indians must become for the country to be considered developed. We then compared the responses to what Axis Bank's chief economist Neelkanth Mishra said on the matter. Here's a look...
Working for a foreign client or firm while living in India? Don't miss this form to avoid paying income tax twice
Working for a foreign client means income may be taxed in both the foreign country and India. However, Indian residents can claim foreign tax credit by filing Form 67. Details here.
New EPF Scheme 2026 comes into effect: Here's what changes and what remains the same for EPFO subscribers, explained
The government's new EPF Scheme 2026 has come into effect as part of the Social Security Code 2020. Today, we explore and explain how and what has changed for EPFO subscribers and what remains the same.
EPS-2026 rules: Will you get pension if you leave your job before completing 10 years of service?
The central government has implemented EPS, 2026, replacing older pension schemes. Key provisions remain intact, but questions about eligibility for employees leaving before 10 years persist. Here's what the new rules say.
Yen at record low: Should Indian investors be worried? Experts weigh in
The yen’s weakness is not just a Japan story. For Indian investors, the impact is mostly indirect. While short-term volatility may rise if global carry trades unwind, experts agree that disciplined long-term investing remains the most effective way to navigate these macro cycles.
EPS-2026 replaces EPS-95: Does the ₹1,000 minimum pension continue? Here's what has changed
The Centre has introduced the Employees' Pension Scheme (EPS), 2026, replacing older versions. While procedural changes have been made, the minimum monthly pension remains fixed at ₹1,000, unchanged since 2014.