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Mumbai won#39;t face water cut as sufficient water available in reservoirs: BMC

“Due to low rainfall between June and September 2023, relatively less water is available in reservoirs, but the water supply to the city won#39;t get affected,” the Brihanmumbai Municipal Corporation stated on Tuesday.

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Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan

In the Chinese e-commerce giant#39;s latest reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in Cainiao, said it was offering to acquire the remaining stock.

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Vodafone Germany to cut 2,000 jobs in revamp

The move is part of a cost-cutting drive announced nearly a year ago which will result in the loss of some 11,000 jobs worldwide.

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Vodafone Germany to cut 2,000 jobs in revamp

The move is part of a cost-cutting drive announced nearly a year ago which will result in the loss of some 11,000 jobs worldwide.

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Debt-free companies: These MNC capital goods stocks have shone in 2024 so far

Cummins India shares have gained by 50 percent on a YTD basis while in the one-year period, they have shot up by 85 percent.

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Apple to hold Worldwide Developers Conference from June 10

The event, which will be available online, will highlight updates to the software powering iPhones, iPads and other Apple devices, the company said. Some developers and students will be invited in-person at Apple Park on the opening day, it added.

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  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

  • Received ESOPs in your salary package? Know the tax you owe now, tax due later and who can defer payment?

    ESOPs enable startups to offer equity as part of compensation. Tax liabilities occur when options are exercised and shares sold, with potential deferment of TDS for eligible startups. Details here.

  • I asked ChatGPT whether a middle-class couple should spend ₹1.4 lakh on Sri Lanka or Singapore. The answer was one-sided

    I asked ChatGPT whether a middle-class Indian couple should spend ₹1.4 lakh on a trip to Sri Lanka or Singapore. After comparing flights, hotels, food, transport and attractions, the AI delivered a surprisingly one-sided verdict—and it wasn't in favour of the more expensive destination.

  • Should SIP investors panic during a market crash? The maths tells a different story

    The periods that feel worst for investors often create the biggest opportunity for SIP wealth creation. Here's how market corrections can boost long-term returns through rupee-cost averaging.

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