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Flexible office space operators emerge as top choice for new GCCs in India

Amid global uncertainties, new global capability centers (GCCs) establishing operations in India are increasingly favoring flexible workspace operators. These operators offer short lease tenures and the flexibility to adjust space based on evolving needs.

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Indian cosmetics brand Colorbar plans IPO in early 2027 after doubling revenue

Colorbar Cosmetics, an Indian beauty brand, plans to launch its IPO in early 2027, projecting revenue to exceed Rs 1,000 crore this fiscal year. Driven by product innovation and retail expansion, the company aims to utilize IPO proceeds to scale…

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India’s smartphone exports soar, surpassing petroleum products, diamonds in FY25

Fueled by government initiatives like the PLI scheme, smartphone exports reached $24.14 billion in 2024-25, marking a 55% increase. This growth has positioned India as a major global manufacturing and export hub for smartphones.

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PhonePe’s 5% dilemma: Payments still dominate revenue as it gets IPO-ready

PhonePe, backed by Walmart, is preparing for an IPO. The company’s revenue heavily depends on its payments business. Financial services contribute a small portion to its total income. Rivals like Paytm generate more revenue from financial services. PhonePe’s insurance business…

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India’s export outlook remains uncertain, trade deficit to widen to 1.2% of GDP in FY26: UBI Report

Union Bank of India’s report indicates India’s trade outlook faces uncertainty due to potential US reciprocal tariffs, projecting a wider current account deficit of 1.2% of GDP in FY26. April 2025 saw a significant widening of the merchandise trade deficit,…

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Global risks loom, but India stands tall amidst Asia’s volatile recovery: Geoff Dennis

​India, of course, we hope they get a trade deal with the US, whatever that means, but India is less vulnerable to pressure on the tariff front than are some of these other markets. And I agree with Rajat in…

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  • DA hike in Bihar: Samrat Choudhary govt announces DA, DR hike for employees, pensioners— Check new rates, effective date

    The Bihar government has approved a Dearness Allowance increase for state employees and pensioners, raising it by 5 percentage points for the 6th Central Pay Commission and by 9 points for the 5th, effective January 1, 2026. This is a key financial decision by Chief Minister Samrat Choudhary.

  • Social Security raise in 2027? New forecasts signal a higher COLA than earlier expected

    New inflation data suggests a possible 4.2% increase in Social Security COLA for 2027, up from 3.2%. Rising costs of essentials have led to revised projections by analysts and advocacy groups, highlighting a significant loss in purchasing power for beneficiaries since 2016.

  • Locked EPFO account? Here's why it happened and how you can recover it

    See an “EPF account locked” message when you try to log into your employee provident fund. This can happen due to multiple reasons. Here's what steps EPFO members can take to resolve the issue and access their account…

  • Why is the EPFO launching a new website? Here's all you need to know about E-PRAAPTI portal

    The EPFO is all set to launch a new web portal soon, known as the E-PRAAPTI, to help members recover their old and inoperative employee provident fund accounts. Here's all you need to know…

  • I asked ChatGPT how to build fintech startup in 5 years on ₹10 LPA job: AI didn't sugarcoat anything

    A Bengaluru tech professional sought a realistic startup plan from ChatGPT. The advice emphasised using a stable job as financial capital, maintaining low fixed expenses and focusing on genuine problems over trendy ideas. 

  • Income-tax rules: Capital gains taxation on digital, paper, physical and inherited gold for Indians and NRIs, explained

    Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) physical and inherited gold are taxed for residents and NRIs.

  • ITR filing 2026: Sold property at a loss? Here’s how you can claim income tax relief this year

    Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains. Both short-term and long-term losses can be carried forward for up to eight years. Full details here.

  • Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments

    Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.

  • PPF extension vs phased withdrawals: What should investors choose after account maturity?

    After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.

  • 8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision

    8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 

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