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Globale Tessile CFO Rakshit Kumar resigns

Rakshit Kumar has resigned as CFO of Globale Tessile Limited, effective July 1, 2025, after a three-year tenure. He cited better opportunities and career advancement as the reason for his departure.

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Only 1 in 5 Indian youth is AI-skilled: Latest report flags massive opportunity gap

A Google.org and ADB report reveals a significant AI skill gap among Indian youth, with only 20% participating in AI skilling programs. This preparedness gap threatens job prospects as industries prioritize AI fluency. The report emphasizes the need for accessible,…

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Real estate: Institutional funding jumps 122% in Q2 as sector draws $1.8 billion; commercial segment dominates

India’s real estate sector witnessed a significant rebound in Q2 2025, with institutional investments soaring by 122% to $1.80 billion, driven primarily by foreign investors targeting commercial assets. Despite this quarterly surge, overall inflows remained 42% lower year-on-year, reflecting a…

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Fintech sector must focus on financial education and consumer protection, says DFS Secretary

Department of Financial Services Secretary M Nagaraju has called upon India’s FinTech sector to prioritize financial education and consumer protection as the country continues its digital transformation journey.

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Ban order in Jane Street case shows SEBI has enough powers: Tuhin Kanta Pandey

Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, said on Monday that SEBI has all the powers to act against manipulative trading activities in the matter related to New York-headquartered trading major Jane Street Group, which is…

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India’s service sector scales new heights towards $5 trillion economy

India’s service sector is demonstrating a significant role in the country’s journey towards becoming a $5 trillion economy, a report said on Monday.

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  • Safe personal loan EMI on ₹30,000 salary: Simple budgeting tips explained

    Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.

  • Can cancelling a credit card hurt your score? Here's how to minimise the impact on your credit history

    A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history…

  • I-T returns: Want to verify if your Income-Tax notice is authentic? Here's a stepwise guide for how to do so

    Filing income tax returns online has simplified the process, but it can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity.

  • 5 reasons strong savings rate matters more than market returns in building a secure and sustainable retirement plan

    A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.

  • Salary ₹50,000? Here’s how much PF corpus you can build in 20 years

    EPF corpus from a ₹50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching ₹40–60 lakh with salary increments.

  • Section 80C: Here's how you can unlock up to ₹1.5 lakh tax deductions in Income-Tax return filings

    Section 80C provides taxpayers with deduction benefit up to ₹1.5 lakh for investment in certain government saving schemes during a given financial or assessment year. Here's how you can claim the tax benefit…

  • Lost or stolen credit card? Here are 6 steps to follow to avoid financial loss

    A lost or stolen credit card requires immediate action, including blocking the card, checking transactions, reporting to the bank, disputing fraud, securing accounts, and requesting a replacement to prevent financial loss.

  • DA hike: IBA announces Dearness Allowance increase in bank employee salaries for May, June, July 2026 — Details

    The government revised the Dearness Allowance (DA) for bank employees for May, June, and July 2026, impacting salaries for workmen and officer employees. Here's how this impacts monthly pay for bank staff…

  • How bureau and account aggregator data are redefining lending risk

    The evolution of lending practices towards precision underwriting emphasizes using both historical and real-time data for improved risk management.

  • 8th pay commission: State visits to Telangana, Ladakh and Jammu & Kashmir planned in May and June — Check latest updates

    8th central pay commission: The 8th CPC has planned state visits to Telangana, Ladakh and Jammu & Kashmir in May and June 2026. Here's a look at the latest updates as the panel calls for consultations.

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