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Tariff-tinged US inflation boosts dollar, set to weigh on rupee

INDIA-MARKETS-Tariff-tinged US inflation boosts dollar, set to weigh on rupee

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Instamart profitability still a long way away, AOV ramp-up key to improve performance: Elara

Elara Capital predicts Instamart, Swiggy’s quick commerce arm, will achieve a contribution margin break-even by early fiscal year 2027, driven by increased average order values and new features. Despite progress in contribution margins, profitability may take longer due to high…

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Mid-year ecommerce sales spike sets the stage for cracking festive season

Ecommerce order volumes rose 19% during the July 11–14 sale, driven by strong demand in electronics, appliances, and fashion. Tier-II and III cities led growth. Brands saw up to 8x sales spikes, prompting festive season preparations. The momentum signals recovery…

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Zepto Cafe scales down amid sourcing, staffing hurdles

Zepto Cafe, the 10-minute food delivery arm of quick commerce firm Zepto, is scaling down operations as it battles supply chain issues and a shortage of trained kitchen staff. The slowdown comes just as rivals Blinkit’s Bistro and Swiggy’s Snacc…

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OpenAI’s former CTO Mira Murati’s startup Thinking Machines raises $2 billion led by a16z

Venture capital firm Andreessen Horowitz led the round that also saw participation from AI chip giant Nvidia, Accel, ServiceNow, Cisco, AMD and Jane Street, the startup said.

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Piyush Goyal engages with deeptech startups to boost funding, infra, global market access

Union Commerce and Industry Minister Piyush Goyal discussed ways to enhance access to funding, infrastructure support, regulatory facilitation, and global market linkages with the deeptech startups.

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News

  • Section 80C income-tax relief: Here's how to maximise your ₹1.5 lakh deduction

    Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to ₹1.5 lakh in a financial year. Here's what steps you can take to maximise your investment options…

  • Income-Tax Returns: Here are some common reasons you may receive a tax notice from I-T dept — Top FAQs answered

    The online income-tax return process has simplified tax filing, yet first-time taxpayers face challenges. Here's a look at what income-tax notices mean and why you may get one from the tax department…

  • Considering credit card? Here are some key things to keep in mind before you apply

    Applying for a credit card involves careful consideration of your needs, spending habits, and comparing various options. Choose a card that aligns with your lifestyle to avoid future financial issues.

  • 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.

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