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Sebi whole-time member flags ‘valuation shopping’, says it’s time for valuers to make disclosures like credit rating firms

Delivering the keynote address at ETCFO NextGen Summit 2025, Ananth Narayan said there are some perceived challenges around valuations including a perceived conflict of interest, “valuation shopping”, and wide divergence in valuations due to differing assumptions.

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UP’s GCC policy push to turn state into office hub, create 2 lakh jobs

Uttar Pradesh’s new GCC policy aims to establish the state as a prominent office space hub, generating over 2 lakh high-paying jobs in five years. The policy offers substantial subsidies on land costs, capital investments, and stamp duty exemptions, incentivizing…

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Centre’s no MDR stance derails fintech’s UPI monetisation plans

The Finance Ministry’s denial of plans to reintroduce MDR on UPI payments has dampened fintech firms’ monetisation hopes, leading to a drop in their stock prices. Industry players had anticipated MDR’s return for large transactions, which could boost revenues, especially…

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Google says it has resolved global service outage impacting Spotify, Snapchat, others

Google has resolved a global outage that disrupted services including Gmail, Google Drive, Spotify, and Discord. The disruption, beginning around 1:50 p.m. ET, affected thousands of users. While most services have recovered, some residual impact remains. Google will release a…

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Iran-Israel War: Why Israel bombed Iran’s nuclear sites and what it means for global security, oil, and trade

Iran-Israel War news: In a dramatic escalation, Israel launched Operation Rising Lion, striking nuclear and military infrastructure deep within Iran, citing concerns over Iran’s nuclear weapons program. Prime Minister Netanyahu declared it a necessary act for Israel’s survival and regional…

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Why stock market is falling today? 4 key factors behind Sensex’s 1,100-point crash, Nifty below 24,650

Stock Market Crash: Indian stock markets crashed early Friday following Israeli strikes on Iran. This mirrored losses in Asian markets. The BSE Sensex and Nifty50 both saw significant drops. The oil & Gas sector suffered the most. Broader market indices…

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  • SBI employees to go on a 2-day strike on May 25,26: Check their 16 key demands

    State Bank of India employees plan a two-day strike on May 25-26, 2026, to demand better working conditions and job security. The All India State Bank of India Staff Federation cites administrative neglect and anti-employee policies as reasons for the protest.

  • Income-tax returns: Form 121 replaces Form 15G, 15H — Who is eligible, where to download and how to avoid TDS, explained

    The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms — Form 15G and 15H — with a single Form 121, as part of the government's move to streamline and simplify India's tax codes.

  • Tenant rights in India: How much of security deposit can be legally deducted by your landlord?

    Security deposit rules in India, guided by the Model Tenancy Act, 2021, vary by state and dictate how much landlords can collect and under what conditions deductions may occur. Details here.

  • ₹100 crore retirement fund ‘a math scam’, ₹2-3 crore ‘strong number, stop taking advice from influencers’, warns CA

    CA Kaushik believes that ordinary investors should not take advice from influencers who push for ₹100 crore retirement fund, calling it a ‘mathematical impossibility’ and ‘math scam’. He feels that ₹2-3 crore or even up to ₹5 crore are ‘strong, realistic numbers’.

  • I asked ChatGPT to plan my daughter’s Harvard education: AI suggests mutual funds, dollar assets, gives yearly cash flow

    ChatGPT recommends planning for global education beyond Harvard. It outlines significant costs for a master's degree, estimating up to ₹7.22 crore for two years. It suggests diversifying investments and emphasizes the importance of academic preparation and scholarship opportunities.

  • Buy Now Pay Later: Here's how BNPL works, who is eligible and how it impacts your credit score

    Buy Now Pay Later (BNPL) is a short-term financing option allowing customers to buy items and pay in installments. Here's all you need to know about how it works, who is eligible and how it impacts your credit score…

  • Rupee at record low: What it means for your personal finances, foreign travel, imports and markets — explained

    The rupee fell to a record low against the US dollar on 5 May 2026 due to rising US-Iran tensions and soaring crude oil prices. This could impact India's economy as well as household spending. Details here.

  • Income-tax returns: Investment proof, PAN Card — Here's a checklist of required documents for smooth ITR filing process

    Filing income tax returns can be a tough task for salaried individuals and first-time ITR filers alike. To make the process smoother and hassle-free, here's a checklist of essential documents you'll need, including Form 16, your PAN Card, and proofs of investment.

  • EPF vs PPF: Key differences, rules, tax benefits and returns explained

    EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.

  • Dearness Allowance: What are the types of DA and how often are they revised? We answer top FAQs

    Dearness Allowance is of two types, one which is revised quarterly based on CPI, and the other revised semi-annually. Both these aim to mitigate inflation effects for households of central government employees.

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