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BRIEF-Nestlé Appoints Alfonso Gonzalez Loeschen As CEO Of Nespresso

BRIEF-NestléBRIEF-Nestlé Appoints Alfonso Gonzalez Loeschen As CEO Of Nespresso

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Consumers see savings as traders, insurers pass on GST benefits, says Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman reports the Bachat Utsav initiative is successfully passing GST rate cut benefits to consumers, evidenced by increased savings on essentials and insurance. The auto sector is experiencing record sales, with Maruti Suzuki reporting significant gains. Banking…

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Festive season sees surge in premium product sales despite unchanged GST rates

This festive season, premium products—smartphones, refrigerators, laptops, washing machines, and EVs—are seeing strong demand despite unchanged GST rates. Positive consumer sentiment from income tax revisions and GST cuts on select goods is boosting sales.

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India set for busiest IPO month in nearly three decades, leaving investors wide-eyed

India is set for its busiest IPO month in nearly 30 years, with 25 mainboard and 28 SME issues this week. Companies aim to raise over Rs 12,000 crore, driven by strong domestic liquidity, foreign investor interest, and SEBI’s fast-track…

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More tariffs by Trump: Branded pharma hit with 100% duty, and the list doesn’t end there

Donald Trump plans new import taxes from October 1. Taxes include 100% on medicines, 50% on kitchen items, 30% on furniture, and 25% on heavy trucks. Trump believes tariffs boost domestic manufacturing and cut the budget deficit. Experts warn of…

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India’s REITs surge as SEBI reclassification attracts investor attention

Following SEBI’s reclassification of REITs as equity instruments, these trusts are attracting increased investor interest, particularly from HNIs and institutions. This shift is occurring partly at the expense of listed property developers, as REITs offer stability and lower volatility. The…

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  • Moved abroad, selling mutual funds to buy a house in India? Know the tax rules

    A non-resident Indian can claim Section 54F relief on long-term capital gains from selling mutual funds by investing the net sale proceeds in a residential house in India, subject to conditions.

  • Small-cap funds were the worst-performing equity category in October. Which funds held up and which lagged behind?

    Small-cap mutual funds were October's worst-performing equity category, falling 5.83%. Invesco Small Cap Fund limited losses to 2.98%, while Tata Small Cap Fund plunged 11.16%. Here are the best and worst-performing schemes and how other equity categories fared.

  • Bank interest not reported in ITR? ITAT ruling explains when taxpayers can escape income tax penalties

    ITAT Delhi deleted a ₹3.08 lakh penalty on a salaried taxpayer who omitted ₹4.49 lakh in bank interest from his ITR. The tribunal cited a bona fide omission and an improperly worded penalty notice under Section 270A.

  • Technology funds delivered 6.3% returns in October, while no other category crossed 1%: Here’re the top performing funds

    Technology mutual funds delivered an average 6.29% return in October 2026, while no other equity mutual fund category crossed 1%. HDFC Technology Fund led the 13 schemes with an 11.54% gain. Here are the top performers and their AUM.

  • Buying a car on Dhanteras, Diwali 2026? You could get at least ₹10,000 as tax refund next year — here's how

    Buyers of motor vehicles priced above ₹10 lakh pay 1% TCS, which can be claimed as a tax credit when filing an income tax return. Here's the entire process, other details.

  • Going abroad for a holiday? How to split your travel budget between cash, forex cards and credit cards to save money

    Going abroad for a holiday? How you split your travel budget between cash, forex cards and credit cards can affect your overall expenses. Know the ideal allocation, compare forex charges and avoid costly ATM withdrawals and currency conversion fees.

  • Mandaviya rolls out EPFO services through WhatsApp: Check PF balance, passbook and latest transactions on your phone

    Union Labour Minister Mansukh Mandaviya has launched WhatsApp services for EPFO members, allowing them to check their PF balance, access passbook details and view their latest five transactions. The facility will also offer assistance under the PMVBRY scheme.

  • E100-compatible cars in India: Will motor insurance premiums rise, and what happens to coverage and claim settlements?

    E100-compatible cars may not attract higher motor insurance premiums, but buyers should check policy exclusions, engine protection add-ons and fuel-related damage coverage. Here is what insurers say about premiums, coverage and claim settlements.

  • GST refund new rules from November 1: here's what changes for businesses

    The 57th GST Council approved phased process reforms starting November 1, 2026. Here's what changes for businesses in terms of receiving GST refunds. 

  • GST registration new rules from Nov 1: How small online sellers can expand across states — everything you need to know

    The new Rule 14B allows eligible sellers using e-commerce platforms to obtain GST registration in states where they have no physical presence by declaring an e-commerce operator's warehouse as their principal place of business. 

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