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Paytm Group CFO Deora to retire from company board, ex-bureaucrat Bimal Julka resigns

Paytm owner One97 Communications’ Group Chief Financial Officer (CFO) Madhur Deora will step down from the board as he is not seeking reappointment, according to a regulatory filing.

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NUCFDC and IIA India partner to elevate governance in UCBs

NUCFDC has partnered with IIA India to enhance governance and internal audit standards in Urban Cooperative Banks (UCBs). The alliance will help UCBs adopt globally benchmarked audit frameworks and improve risk management capabilities. This move aligns with regulatory goals to…

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Paytm gives out details of where and how it used IPO money

Paytm allocated ₹4,300 crore from its IPO to strengthen its ecosystem, focusing on user acquisition, merchant partnerships, and its payments platform. While ₹2,000 crore was earmarked for new ventures, it remains unutilized. Paytm reported a Q1 FY26 net profit of…

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Google Play, Android fuel Rs 4 lakh crore app revenue, economy boost in India during 2024: Report

A new report indicates significant revenue generation in India. Google Play and Android created approximately Rs 4 lakh crore for app developers and the Indian economy in 2024. The app ecosystem supported over thirty-five lakh jobs. India has a large…

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India to be 3rd-largest economy by 2028, to reach $10.6 trillion by 2035: Morgan Stanley

A Morgan Stanley report on Wednesday said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035.

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GST notices based on UPI transaction: Traders on warpath, official calls action proper

Karnataka traders are protesting GST demand notices based on UPI data, prompting a strike call. A tax official clarified the notices are preliminary, allowing traders to provide documentation and seek exemptions. Concerns remain about the suddenness and lack of clarity,…

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News

  • How does a Ulip compare to buying a term plan and investing in MFs separately?

    Unit-linked insurance plans or Ulips bundle life insurance and investment into a single product. Ulips also carry a tax advantage

  • DA hike: Next Dearness Allowance increase to be 3%? Here's what employees expect from 8th Pay Commission

    The Finance Ministry raised the Dearness Allowance by 2% for central government employees and pensioners, increasing it from 58% to 60% of basic pay. Here's why some expect the next hike in July under 8th CPC to be 3%…

  • 8th Pay Commission: Is 6% increment likely? Meetings begin over minimum pay, NPS removal, more promotion opportunities

    The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decide salary hikes for 50 lakh central employees and 65 lakh retirees, potentially raising pay significantly.

  • Withdrawing PF money? Fill these details correctly to avoid TDS deductions

    The declarant, who is a resident, must ensure that their expected final tax liability for the year is NIL and duly fill all the rows in Part A of the Form No.121 and sign it.

  • Five smart investing rules for navigating India’s volatile equity markets in 2026

    To turn market volatility into an instrument for wealth creation, retail investors should consider adopting a structured approach. Here are five fundamental rules that can help navigate the complexities of today’s financial environment.

  • How mutual fund-based portfolio management services work

    Mutual fund-based portfolio management services are becoming popular among high-net-worth individuals. Here is how these services work

  • Tax deadlines in May 2026: Key dates every taxpayer should know

    May 2026 has crucial tax deadlines, including TDS payments and quarterly filings. Taxpayers must comply to avoid penalties. Full list of the deadlines here.

  • The hardest part of investing isn’t picking, it’s holding

    Legitimate capital, patiently held, is the only edge in this business that has worked reliably for a hundred years. It is not glamorous enough to go viral. But it is the only version of the story that ends with you still holding the asset.

  • Missed Subhadra Yojana? Here are alternative welfare schemes available in Odisha

    Odisha has several welfare schemes aimed at empowering women through financial assistance and social support, including Lakhpati Didi Yojana and MAMATA. Details here.

  • Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 3 May in Delhi, Mumbai, Kolkata, others

    On May 3, gold prices in India remained stable, silver prices also showed limited movement. Check retail rates of 24K, 22K gold, 999 silver in your city.

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