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India’s wealth will increase 1,000% in next 50 years: NSE MD

NSE CEO Ashishkumar Chauhan expressed confidence at a convocation ceremony near Ahmedabad that India’s wealth could surge tenfold in the next 50 years due to its youthful population and technological advancements. He acknowledged India’s current socio-economic challenges but urged young…

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Waiver, other tax reforms top GST Council’s docket

The GST Council is set to discuss various measures at its upcoming meeting on June 22 to pave the way for broader tax reforms in the new government’s first full budget. These measures include considering a conditional waiver of interest…

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Economists bat for capex push, fiscal prudence and more jobs at pre-Budget meet

The focus on the quality of spending, sans mindless freebies, and steps to further curb inflationary pressure should continue, some of the economists told finance minister Nirmala Sitharaman at the customary pre-budget consultation, advising against reckless giveaways. Successful tackling of…

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IBBI seeks to tighten the noose around guarantors of bankrupt firms

The Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the resolution plan process to hold guarantors accountable, following the Supreme Court’s ruling. Stakeholders are encouraged to review and provide feedback on the proposed amendments to streamline the…

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‘Aircraft took off’: Adani reviews impact of Modi era on India’s growth after 1991-2014 reform runway

Gautam Adani highlighted India’s infrastructure evolution, noting foundations were laid from 1991-2014, leading to rapid development in the last decade under PM Modi. Speaking at a CRISIL event, Adani praised the National Infrastructure Pipeline’s integrated approach and announced Adani Group’s…

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India Inc outlook: Will there be a slowdown in growth in coming quarters?

The evolution of the global economic scenario and the onset and intensity of the monsoons in India, would remain a key monitorable over the near term, says ICRA.

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  • Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest

    Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.

  • 8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions

    UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.

  • Dearness Allowance: Here's the formula used to calculate your DA hike, explained

    Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how…

  • RBI mis-selling rules explained: Tricked into buying a financial product? Here's how you can get your money back

    Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.

  • EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison

    EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

  • Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here's what happened next

    A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on ₹19.06 lakh leave encashment. Details here.

  • RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms

    The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.

  • Made a mistake in your tax return? Here's how to correct it even after receiving a refund

    Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

  • Can investing in an under construction property help you save capital gains tax? Check Section 54 rules

    Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines

  • Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind

    When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.

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