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Byju Raveendran denies making secret payments to government officials to resolve FEMA cases

Byju Raveendran, founder of Byju’s, refuted allegations in a Delaware court by Glas Trust’s counsel, who accused him of negotiating unofficial payments with Indian officials. Raveendran denies these claims, calling them baseless and aimed at influencing court orders. He highlights…

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India’s top think tank recommends easing investment rules for Chinese firms, sources say

India’s top think tank suggests easing investment rules for Chinese companies, proposing up to a 24% stake without requiring security clearance. This initiative aims to boost foreign direct investment, currently hindered by stringent regulations imposed after 2020 border clashes. The…

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UPI or no UPI, traders must pay GST, say authorities, promising to make GST registration smooth

The department issued a detailed statement responding to reports that sections of traders have stopped accepting payments through the UPI apps after it issued GST notices to unregistered traders whose annual UPI transactions breached the Rs 20 lakh cap in…

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Trump’s sugar economics for Coke amid the company’s multi-billion tax case

Trump claims Coca-Cola will switch to real cane sugar in US-made sodas, a move framed as a health win, though Coca-Cola’s confirmation is vague. This shift taps into nostalgia and anti-corporate sentiment, potentially impacting corn farmers and sugar producers. Meanwhile,…

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FIIs still cold on India; domestic flows to drive markets, says Sunil Subramaniam

Market expert Sunil Subramaniam anticipates market stabilization and a potential IT sector rebound driven by positive earnings from Wipro and LTIMindtree. He highlights the oversold IT sector’s potential catch-up, contingent on FIIs returning. Subramaniam also sees continued strength in the…

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Indian Apple reseller Ample to grow revenue by a third as it expands presence, portfolio, CEO says

Ample, a major Apple reseller in India, plans significant expansion. The company aims for 35 percent revenue growth by 2026. This will be achieved by increasing its store count and adding more brands. Ample also supplies tech products to major…

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  • Senior citizen FD rates: Suryoday Bank offers 8.6% on five-year deposits; compare rates at SBI, HDFC Bank and others

    Senior citizens can earn up to 8.6% on five-year FDs. Suryoday Small Finance Bank offers the highest rate, followed by Jana and DCB Bank at 8%. Here is a comparison of FD rates across small finance, private and public sector banks.

  • Bank locker found surrendered, jewellery missing? How to protect your valuables, avoid costly dispute | Experts explain

    A Delhi consumer commission ordered a bank to compensate a woman after her joint bank locker was surrendered without her consider and jewellery allegedly went missing from it. Here's how to protect your valuables in such cases.

  • Received cash from customers and deposited it in your bank account? When can income tax authorities tax it

    An insurance agent's ₹35.09 lakh cash deposits during demonetisation were treated as unexplained income. ITAT Jaipur deleted the addition after accepting records showing the money came from policyholder premiums.

  • Parag Parikh Flexi Cap adds Netflix, exits Meta: What changed in its October portfolio? Check latest stock picks

    PPFAS Flexi Cap Fund added Netflix, exited Meta Platforms and reduced Microsoft in October 2026. It also increased investments in DLF, Maruti Suzuki, M&M and other Indian stocks. Here's a look at its latest portfolio and long-term rolling returns.

  • Planning a big wedding? One unexpected event could derail it; can insurance save the day? All you need to know

    Wedding insurance can help Indian families recover costs if unforeseen events such as fire, theft, severe illness or extreme weather disrupt celebrations. Here's how it works.

  • NPS returns: Choosing a pension fund for retirement? Why subscribers should look beyond one-year performance

    Choosing an NPS pension fund based on one-year returns can be misleading. Investors should assess rolling returns, upside and downside performance, and volatility to understand how consistently a scheme has beaten its benchmark across different market cycles.

  • Buying gold jewellery? Government makes hallmarking mandatory in six more districts across India. Check the full list

    The government has expanded mandatory gold jewellery hallmarking to six more districts, taking coverage to 398 districts across 26 states and UTs. Here's the complete list of additions and what buyers should check before purchasing gold jewellery.

  • F&F payout tax rules: Switched jobs, received full and final settlement? Know which components are taxable

    When employment ends, employers settle outstanding dues after the last working day and deduct applicable TDS. Here's how each component of the payout is taxed.

  • Diwali firecracker injuries: Will health insurance cover burns, eye damage and hospital bills? Know what is covered

    Firecracker injuries during Diwali can lead to significant medical bills. While health insurance covers serious burns and eye injuries requiring hospitalisation, minor outpatient treatment and consumables may be excluded.

  • Sold your house and accepted ₹11 lakh in cash? ITAT deletes penalty, citing seller's lack of awareness of tax rules

    ITAT Jaipur deleted an ₹11 lakh penalty on a farmer who accepted cash while selling his house for ₹22.5 lakh. The tribunal cited his lack of awareness of tax rules and held that reasonable cause justified relief under Section 273B.

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