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India needs economically viable technology for infra projects: Nitin Gadkari

“The issue of importing machinery from China is very difficult. Need different types of machinery. Reducing the cost is the need of the world,” the minister stated.

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59% of Indian companies report financial fraud; procurement fraud tops concerns: PwC Survey

A staggering 59 per cent of Indian companies experienced financial or economic fraud in the past 24 months, according to PwC’s ‘Global Economic Crime Survey 2024 – India Outlook.

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Formal job creation up 3% under ESIC at 1.78 million in October: Payroll data

India added 1.78 million formal jobs under ESIC in October 2024. This shows a 3 per cent rise from October 2023. However, it is a 13.2 per cent dip from September 2024. Nearly half of the new jobs went to…

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Net direct tax collection grows 16.45% to Rs 15.82 lk cr so far this fiscal: CBDT

CBDT has reported a remarkable 20.32% growth in gross direct tax collections for the current fiscal year, soaring from Rs 15.96 lakh crore to Rs 19.21 lakh crore. Additionally, refunds issued during this period saw a substantial increase of 42.49%,…

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Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034: Report

The Tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday.

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Government appoints Rama Mohan Rao Amara as SBI Managing Director: Report

The State Bank of India (SBI) announced on Wednesday that the Government of India has appointed Rama Mohan Rao Amara as the new Managing Director of the bank. This appointment was reported by Reuters, citing sources.

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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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