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Former NITI Aayog VC Rajiv Kumar bats for removing restrictions on Chinese investments in India

Rajiv Kumar advocated for lifting restrictions on Chinese investments in India. He believes it will boost domestic manufacturing and create jobs. Kumar highlighted China’s significant role as a foreign investor globally. He suggested removing Press Note 3, which regulates investments…

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IBC 2025: What’s in the bill, how it tackles delays, why capacity will decide gains

IBC fixes have been proposed, but the bill’s promise must not remain on paper – What do insolvency veterans think? Abizer Diwanji says the IBC needs attitudinal changes more than fresh legislation. While cross-border insolvency is one big step, Insolvency…

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NFRA, IICA launch 2nd course for audit committee members, independent directors

NFRA Chairperson Nitin Gupta said the joint initiative reflects a shared commitment to protect public interest and ensure that companies operate with transparency, accountability, and long-term sustainability.

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Japan’s SMBC Fund invests $7 million in Shivalik SFB

The funds will be utilised to strengthen the bank’s technology stack and expand its workforce across critical functions such as product, engineering, and operations, he said.

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Oracle cuts over 150 jobs in cloud unit amid surge in AI spending: Report

Part of the layoffs were related to performance issues; however, the cloud unit continues to hire workers, as per the report, which cited two unnamed people.

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Retail frenzy fizzles: Only 32% of new-age IPOs deliver long-term gains, says study

The analysis by Client Associates has found out that while listing gains were common, with 68% of IPOs delivering first-day returns averaging 24.15%, sustained outperformance remained rare.

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News

  • Income tax returns: Step-by-step guide on how to submit revised ITR if you made mistakes in original filing

    Made mistakes in your income tax returns? Do not worry, the I-T Act allows taxpayers to file corrections by the calendar year-end. Here's a step-wise guide on when you need to file a revised ITR and how to file it.

  • IndiGo and IDFC FIRST Bank roll out co-branded credit card. See details here

    The credit card claims to enhance travel experiences with lifestyle privileges, low forex markup, attractive trip cancellation cover, and accelerated rewards on IndiGo flight bookings, milestone spends, and everyday purchases.

  • Bank of Maharashtra joins hands with SBI Card to launch credit card in 3 variants

    Credit cards: The partnership aims to provide enhanced value and convenience, catering to the diverse lifestyle and evolving needs of the customers across the country

  • EPFO: Different forms you need to fill for various applications — check details

    EPFO: As the Composite Claim Form (Aadhaar) is applicable in cases where a member’s complete details in Form-11 (New), Aadhaar number and bank account details are available on the UAN Portal, and UAN has been activated.

  • Sebi reforms to give investment advisers a boost. But more needs to be done

    Association of registered investment advisers chief Renu Maheshwari says two recommendations have not been included in the consultation paper but deserve utmost attention: an advertisement code and ways fees are collected

  • How can I file a tax return and claim a TDS refund on behalf of a deceased parent?

    The process involves two major steps: obtaining proof that you are the legal heir, and registering yourself on the income tax e-filing portal as their authorised representative.

  • Lost your credit card? Here’s how to prevent fraud and protect your money

    Acting quickly after losing a credit card helps prevent fraud by blocking the card, filing a police report, monitoring transactions, setting alerts and following safety measures to protect finances and identity.

  • Income Tax: What is an updated I-T return? All you need to know

    Income Tax: The government introduced a new scheme in 2022 which permitted all taxpayers to file an updated return within 24 months from the end of the relevant assessment year. This was later extended to 48 months

  • EPFO: 5 common reasons why your EPF claim may get rejected | Details here

    EPFO manages India's provident funds, ensuring long-term savings and security. However, claim rejections may happen due to incorrect personal information, mismatched EPF records, ineligible claims, delayed employer contributions, or an unlinked Aadhaar with the Universal Account Number.

  • Loan borrower abducts child to repay the loan. 3 money lessons one can learn

    Although most borrowers would not resort to this sort of criminal behaviour to pay off their debts, but you could learn some money lessons from the extreme reaction of a person under debt trap

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