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InGovern flags legal, financial concerns with WeWork India amid firm’s sluggish IPO response

Workspace solutions provider WeWork India Management Limited is facing a muted investor response for its Rs 3,000-crore initial public offering (IPO), amid concerns raised by governance advisory firm InGovern Research Services Private over its weak financials, legal troubles involving promoters,…

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Global Fintech Fest: FM Sitharaman unveils foreign currency settlement system in GIFT City

Finance Minister Nirmala Sitharaman launched a new foreign currency settlement system at GIFT City. This system aims to facilitate seamless, real-time transactions for international trade and investment. GIFT City now joins global financial hubs like Hong Kong and Tokyo with…

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GST 2.0 pass-through uneven: Packaged foods and medicines benefit more, electronics lag, survey shows

A LocalCircles survey of over 74,000 consumers shows uneven pass-through of GST 2.0 rate cuts across key sectors. Are buyers getting full benefits? Which categories show better price adjustment? And why are appliances and vehicles lagging? Here’s what the survey…

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GPS Renewables taps former Adani Total Gas finance chief Parag Parikh as Group CFO and CEO of GPSR Arya

GPS Renewables has named Parag Arvind Parikh as CEO of GPSR Arya and Group CFO. He brings over 25 years of experience in infrastructure and energy. He will lead the company’s growth and financial strategy. GPS Renewables develops large-scale biogas…

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M1xchange to nearly double trade receivables in FY26, eyes Rs 500 crore revenue before IPO, says CFO

M1xchange plans to nearly double trade receivables in FY26. Can it boost MSME and corporate participation? Will PSU involvement rise? And is the platform ready to hit Rs 500 crore revenue ahead of a potential IPO? here is what CFO…

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India Set to Become Second-Largest Market for Renewable Energy Growth, Driven by Solar PV Expansion

India is poised to become the world’s second-largest market for renewable energy growth, driven by a surge in solar power. The International Energy Agency forecasts a doubling of renewable capacity by 2030, despite challenges like supply chain strains and grid…

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  • Income tax: Can your business income be clubbed with your husband’s? ITAT ruling offers relief to woman

    ITAT ruled in favour of a woman whose timber business was treated as her husband’s family firm by the Income Tax Department. The tribunal found insufficient evidence linking the two businesses, highlighting the importance of proving ownership in tax disputes.

  • India's HNI term insurance bookings double since 2023; younger buyers drive growth, shows new report

    Term insurance bookings among high-net-worth individuals have doubled since April 2023, while average coverage has risen 30%, Policybazaar data shows. Details here.

  • Financial planning beyond mutual funds: 6 checks every investor should review annually to secure long-term goals

    Financial planning goes beyond mutual funds. A 1 Finance report identifies six areas investors should review annually: estate planning, loans, investments, income and expenses, insurance, and tax. These checks can help protect wealth and keep long-term goals on track.

  • DA hike news: 10-year growth - How central govt dearness allowance rate rose from 2% in 2016 to 63% in 2026 | Explained

    Central government employees' dearness allowance rose to 63% of basic pay in 2026 after a three-percentage-point increase. Here's a look at the allowance's growth over the past 10 years.

  • EPFO plans to invest 3% of fresh inflows in startups and AIFs, five years after approval: What you need to know

    EPFO is drawing up guidelines to invest up to 3% of fresh annual inflows in startups and alternative investment funds (AIFs), five years after government approval. The proposal is expected to go before its board in November.

  • Flat possession delayed for nearly 10 years? Consumer court orders builder to refund ₹45 lakh with 9% interest

    A Mumbai consumer commission has ordered a developer to refund ₹45.45 lakh to a homebuyer who waited nearly a decade for a Panvel flat, with 9% annual interest taking the payout to ₹86.37 lakh. However, it rejected his claim for ₹5.23 lakh in home loan interest.

  • PM Kisan 24th instalment money payment tomorrow: How to check whether you received ₹2000 or not? Steps to check online

    Prime Minister Narendra Modi will release the 24th PM-Kisan instalment on October 30 at an event in Gujarat. Here's how to check the payment status. 

  • Selling a house to clear your home loan? What an ITAT ruling on a ₹26 lakh cash advance means for property sellers

    ITAT Chennai has deleted a ₹26 lakh penalty on a salaried taxpayer who accepted a ₹26 lakh cash advance while selling his house to repay an outstanding home loan. The tribunal cited reasonable cause, considering the genuine transaction and financial circumstances.

  • AI for personal finance: Can you trust artificial intelligence to manage your investments? What investors must know

    AI can help investors identify costly funds, idle cash and gaps in financial planning, but it may not replace human judgement. A 1 Finance report says effective financial advice extends beyond investment returns to goal planning, behavioural coaching and monitoring changing financial needs.

  • ‘In fake world, people are losing tonnes of money’: SEBI chief Tuhin Kanta Pandey on WhatsApp, Telegram investment scams

    SEBI chief Tuhin Kanta Pandey warned against investment scams on WhatsApp and Telegram, saying people are losing money to misleading promises. SEBI has introduced a tool to verify bank accounts, UPI IDs and QR codes linked to regulated market entities.

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