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Centre seeks bigger, more frequent dividends from state-run companies

Prime Minister Narendra Modi’s government announced tax cuts for the middle class in his latest budget and will now depend on higher dividend payouts to meet its 4.4% deficit target. It has already gotten help from a record Rs 2.69…

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ADB commits $10 billion to boost India’s urban development and metro expansion

This initiative aims to attract private investment through the Urban Challenge Fund, targeting 100 cities for redevelopment and improved water and sanitation.

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AI likely to impact entry level jobs, unemployment could rise sharply: Jefferies

The impact of Artificial Intelligence (AI) on the job market is expected to fall on entry-level white-collar workers, says a report by Jefferies.

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Proprietary Trading Terminals: SEBI’s Crackdown on a Market Threat

Beyond the upcoming specific guidelines for terminal mapping, SEBI already has regulations in place requiring brokers to disclose their proprietary trading activities to clients and restricting the use of ‘pro-account’ terminals primarily to one specified location of the broking firm.

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LinkedIn lays off hundreds as tech giants continue to cut jobs

LinkedIn, owned by Microsoft, is reducing its workforce, cutting 281 positions in California, primarily affecting software engineers. This follows Microsoft’s broader layoffs and previous cuts at LinkedIn earlier in the year. Other tech giants like Google, Meta, and Apple have…

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IBBI notifies amendments to streamline corporate insolvency process

The Insolvency and Bankruptcy Board of India has amended corporate insolvency regulations. Resolution professionals can now invite interest for individual assets. Financial creditors receive pro rata payments before those who voted in favour. The Committee of Creditors can invite interim…

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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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