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Lenskart taps former OYO CFO Abhishek Gupta as new Financial Chief

​​Abhishek Gupta, who previously served as CFO of OYO for nearly nine years, joins Lenskart following the resignation of the company’s former CFO, Mukti Hariharan, earlier in September.

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LKP Securities CFO Girish Majrekar resigns

Majrekar stepped down from his position citing personal reasons, as stated by the company in a regulatory filing to BSE.

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IMF says India’s GDP growth to moderate to 7 pc in 2024 and 6.5 pc in 2025

​The annual World Economic Outlook released here projected global economic growth to stay steady at 3.2 per cent in 2024 and 2025, even though a few countries, especially low-income developing countries, have seen sizable downside growth revisions.

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Inducto Steel CFO Dilip Kaushik resigns

Kaushik has stepped down from his role, citing personal reasons.

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Manufacturing, urbanisation key players for India to become developed economy by 2047: Amitabh Kant

“Our manufacturing has to grow by 16 times. It has to fire on all cylinders. We have to become a manufacturing nation,” Kant told IANS at the Kasauli Literary Festival.

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Edelweiss Asset Management former fund manager settles MF rule violation case with Sebi

​The order came after Gupta filed an application with Sebi proposing to settle the alleged violations “without admitting or denying of the findings of fact and conclusions of law” through a settlement order.

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News

  • 8th pay commission: Discussions with employee groups, stakeholders ongoing — Check meeting dates in July 2026 here

    The 8th pay commission is engaged in discussions with employee representatives to formulate pay recommendations, which will impact around 50 lakh central government employees and 65 lakh retired pensioners.

  • How SCSS helps senior citizens earn a ₹20,500 monthly income from ₹30 lakh savings

    Secure your retirement with SCSS, a government-backed savings scheme offering stable income for senior citizens. This article explains how a ₹30 lakh investment can generate around ₹20,500 monthly income with safety, tax benefits and predictable returns.

  • Dearness Allowance: Teachers' bodies in West Bengal welcome 20% DA hike, want another increase this year — What we know

    West Bengal has announced a 20% hike in dearness allowance for state employees and pensioners, raising it to 38% effective October 1. Teachers' organizations welcomed the decision but urged faster implementation and clearance of remaining dues.

  • The RBI just published a list of the tricks your bank plays on you

    New directions on product marketing and sales highlight practices such as bundling and hidden opt-outs, while formalizing safeguards against mis-selling.

  • Bank holiday next week: SBI, HDFC, others closed for only one day between 29 June and 5 July; check here

    UPI and bank apps allow 24/7 transactions. Banks close on specific Sundays and Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules. 

  • Mumbai couple makes ₹2.2 lakh a month yet can't save: Expert explains what they could do differently

    A Mumbai couple earning ₹2.2 lakh monthly struggles to save money. The Reddit post sparked discussions on budgeting issues, with an expert suggesting clear savings plans. 

  • Micron surged 700% in a year: Is it too late to buy? How much should you allocate | What Indian investors need to know

    Micron's stock surged over 700% to $1,184, reflecting a shift from a cyclical to an AI infrastructure narrative. With significant revenues predicted and strong demand for HBM, the future hinges on sustained performance despite potential cyclical risks and varying analyst price targets.

  • ₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'

    He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.

  • How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

    SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.

  • Section 80C: Which small savings schemes qualify for tax deduction and which don't?

    Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.

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