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RTX aims to boost India headcount by 14% in 3 years, execs say

RTX Corp will expand its India team. The aerospace giant will add 1,000 employees by 2027. India acts as a talent hub for RTX. The company values Indian engineers and data scientists. Pratt & Whitney and Collins Aerospace, RTX units,…

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About 99 per cent of mobile handsets being used in India are domestically manufactured: MoS IT

“India has now reached a stage where 99.2 per cent of mobile handsets being used in India are domestically manufactured. Also, India has become a mobile exporting country as compared to a mobile importing country in FY 2014-15, when almost…

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Micromax and Phison join hands to design, manufacture storage modules in India

Micromax Informatics and Phison have formed MiPhi, a joint venture to design and manufacture storage modules in India. This partnership combines Micromax’s market knowledge with Phison’s storage expertise, aiming to boost India’s electronics ecosystem. MiPhi will initially launch aiDaptiv+, a…

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India extends halt on futures trading in key farm commodities until January

India extended its suspension of agricultural commodity futures trading until January 31, 2025, aiming to control food inflation. This impacts key commodities like soybean, crude palm oil, wheat, and rice. The suspension, initially for a year starting in 2021, has…

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Cummins India appoints Prasad Kulkarni as interim CFO

Cummins India has appointed Prasad Kulkarni as Interim CFO, effective January 10, 2025, following the resignation of Ajay Patil. Kulkarni brings over 21 years of financial expertise to the role.

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Consumer Commission imposes ₹15 lakh on Emami for unfair trade practices

A Delhi consumer court penalized Emami Limited ₹15 lacs for unfair trade practices related to product packaging and advertising. Emami delayed reporting this penalty to the stock exchange. The company initially felt the disclosure wasn’t necessary. Emami later stated the…

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News

  • EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained

    EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.

  • ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers

    The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.

  • 8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries

    The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.

  • When should young investors pivot from aggressive bets to capital preservation for retirement?

    During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.

  • HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

    HDFC Bank has revised its SmartBuy rewards program, introducing a cap on reward points for brand voucher purchases on major premium credit cards. Here's what changes for customers.

  • Buying the dip vs SIP: Which strategy delivers better returns? Here's what math says

    Market swings often lead investors to seek ideal buying moments. However, historical data shows systematic investment plans outperform market timing strategies, as cash on the sidelines incurs opportunity costs. 

  • EPF Scheme 2026 notified under Social Security Code: New withdrawal rules and other changes you should know

    The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.

  • SK Hynix heads to Nasdaq: Should Indian investors choose it over Micron? Which is the better long-term bet?

    SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.

  • Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold

    Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.

  • Selling property or stocks? These 5 smart hacks can help you save capital gains tax

    Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.

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