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India houses more than half of the world’s GCCs: Report

India, home to 53% of global GCCs, is witnessing a surge in these centers, driven by competitive costs and a skilled workforce. While Tier-1 cities dominate, Tier-2 cities are gaining traction, supported by government initiatives. The number of GCCs in…

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Indian financial services record 79 transactions in Q2 2025 at USD 5.6 bn

The Indian finance sector accounted for 14% of the overall deal volumes, and 33% of total values from April to June in 2025. The sector recorded 79 deals worth USD 5.6 billion in Q2, with private equity activity surging and…

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Pralhad Joshi eyes stricter steps to curb dark patterns in e-commerce

Union Minister of Consumer Affairs Pralhad Joshi on Sunday chaired a meeting with senior officials to review the issue of dark patterns impacting digital consumers.

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Centre keeps close watch on capex as private investment falls

Amidst a backdrop of caution in private investment, shaped by global shifts including US tariffs, the government is taking proactive steps to monitor and boost capital expenditure.

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Karnataka: Small vegetable vendor receives GST notice of RS 29 lakh

A vegetable seller in Karnataka received a hefty GST notice of Rs 29 lakh, despite dealing primarily in fresh, untaxed produce. This has fueled a shift back to cash transactions among small vendors in Bengaluru, fearing increased scrutiny from the…

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Parliamentary panel recommends ease in refunds to small tax payers if IT return not filed in due time

A parliamentary panel has suggested key changes to the Income-Tax Bill 2025, focusing on clarity and alignment with existing laws. The recommendations include easing refund rules for small taxpayers, modifying property deduction calculations, and clarifying definitions for non-profits. These changes…

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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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