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Quick commerce can be bigger than food delivery, won’t be a duopoly: Swiggy founder Sriharsha Majety

On Wednesday, online food delivery company Swiggy announced the price band for its upcoming Rs 11,300 crore IPO as Rs 371-390 apiece. The IPO will open for bidding on November 6 and will be available till November 8.

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Four important pension, GPF payment updates that government employees, pensioners should know

The DoPPW has announced several updates related to timelines for the completion of various activities and the timely distribution of pension benefits and General Provident Fund (GPF) payments. Here is a look at those important updates.

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Marutis and Tatas had a big headache in run up to Diwali parties. Brighter days now?

Indian car sales have seen a decline for three consecutive months, with September recording a 1-2.5% drop despite significant discounts during the festive season. Major automakers like Maruti Suzuki, Hyundai, and Tata Motors reported lower sales, leading to high inventory…

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Bibek Debroy, economist and Chairman of PM’s Economic Advisory Council, passes away

Bibek Debroy Death News: Bibek Debroy, esteemed economist and Chairman of the Prime Minister’s Economic Advisory Council, has passed away. As a trusted advisor, he significantly influenced India’s macroeconomic policies and reforms. His scholarly contributions and insights on fiscal policy…

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Cognizant Q3 profit up 2.8% sequentially; full year guidance revised up

The Nasdaq-listed technology major saw its third quarter revenue growing by 4% sequentially at $5 billion. On a year-on-year (YoY) basis, the revenue was up 3%.

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Tech, e-commerce giants rake in Rs 60,000 crore in FY24 ad revenue

Tech giants Google, Meta, Amazon, and Flipkart collectively generated over Rs 60,000 crore in ad revenue in FY24, marking a 9% increase from the previous year. This growth, driven by increasing digital ad spending and user engagement, underscores the rapid…

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  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

  • ITR filing 2026: Who pays a taxpayer's tax dues after death? Do they have to pay from their own pocket?

    After a taxpayer's death, their legal heirs or legal representative is responsible for filing ITR on their behalf. Legal heirs are not liable for a deceased taxpayer's tax dues beyond inherited asset value.

  • Missed declaring FD income last year? Here's how you can rectify it and what happens if you ignore it

    Fixed deposits offer safe, assured returns but are taxable under income tax laws. Taxpayers who missed declaring FD interest can file an updated return (ITR-U) within four years, allowing for corrections with varying additional tax penalties based on the filing time. Details here.

  • Power of compounding: Become crorepati with ₹12,500/month PPF contribution—Here's how you can build ₹6.75 crore corpus

    Investment planning should align with current finances, risk tolerance, and future goals. The Public Provident Fund (PPF) offers a safe, low-risk option for long-term savings, providing tax benefits and guaranteed returns, making it an ideal choice for wealth building.

  • AMFI seeks review of decade-old $7 billion overseas MF investment cap

    AMFI plans to again approach RBI, Sebi and the government to raise the decade-old overseas investment cap for mutual funds. The industry says a higher limit will give investors greater access to global markets.

  • Buy Nvidia at 2 am on a Sunday? How Indians can own tokenised US stocks and how they differ from traditional trading

    Nvidia's stock surged over 1,000% since the ChatGPT release, becoming the world's most valuable company. Investors are now eyeing other AI chipmakers like Micron and Sandisk, while tokenized stocks offer a new way to invest in these companies.

  • Bitcoin crash far from over? Experts see another 30% downside to $42,000 | Buy, sell or hold?

    Bitcoin futures dropped to $58,995 on Thursday, over 50% below last year's peak, with predictions indicating a further decline to around $42,000-$44,000 by year-end. Profit booking across assets and rising AI investments contribute to selling pressure amid a strong U.S. Dollar Index.

  • Income-tax returns: How much rebate can you claim under Section 87A? Eligibility and rules explained

    Income-tax returns: Filing your ITR for AY27 / FY26, here's how much rebate you can claim under Section 87A of the I-T Act. We explain the eligibility criteria, tax regime details and rules for taxpayers.

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