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AI could unlock $490 billion for Indian MSMEs, says Google report

Google’s report highlights AI’s potential for India’s MSMEs. Digital tools already boost revenue for nearly sixty percent of these businesses. AI could improve overall business profitability by thirty to thirty-five percent. Expanded market access and customer acquisition are key benefits…

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Inspira Global completes acquisition of Burger King operator in India

With a total investment of around Rs 2235 crores, the transaction marks one of the largest transactions in the Indian quick-service segment. Following the transaction, Inspira Global owns 41.78 percent of Restaurant Brands Asia Limited, said a release.

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Nexus Select Trust has $1 bn debt headroom for acquisitions: CFO Rajesh Deo

In an exclusive interview with ETCFO, Nexus Select Trust CFO Rajesh Deo discusses the REIT’s acquisition strategy, debt headroom, rental growth outlook, and FY27 priorities.

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PhonePe elevates Srijon Biswas to Chief Technology Officer, CoFounder Chari to become CPTO

PhonePe has appointed Srijon Biswas as its new Chief Technology Officer. Biswas, with a decade of experience, will now lead the entire engineering organization. Rahul Chari, formerly CTO, will now serve as Chief Product and Technology Officer. Chari’s expanded role…

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Stock market crash: Bloodbath on Dalal Street! Sensex, Nifty50 tank 2% as Trump declares end of truce with Iran – top reasons for sharp fall

Stock market crash: Selling pressure gathered pace during the second half of the session after US President Donald Trump declared that the interim agreement with Iran to end the conflict was “over,” reigniting fears of further escalation in the Middle…

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RBI backs crypto ban, tax department warns of evasion risks, documents show

India’s central bank has reiterated its preference for a cryptocurrency policy “leaning towards prohibition,” warning that crypto assets and stablecoins could threaten financial stability and monetary sovereignty, according to internal government documents reviewed by Reuters.

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News

  • EPFO: Check withdrawal rules for members, conditions for partial withdrawal, how to make PF claims — Stepwise guide

    Here's a look at the EPFO's provident fund withdrawal process for members — from conditions for partial withdrawal, minimum balance required, limits, types of claims, which forms to submit, and more.

  • Unknown SIM linked to your Aadhaar? Check before it's too late; here's how to identify

    With the growing misuse of identity documents, it is important to regularly check how many mobile numbers are registered in your name.

  • Pension pending since 1996! Here's how spouses of two defence retirees received arrears of over ₹48 lakh

    Department of Pension and Pensioners’ Welfare conducted Special Campaign 3 and successfully resolved 2,306 cases of family pensions, disability pensions, war injury element arrears, among other claims. 

  • Punjab DA hike: Which govt employees will get jump from 42% to 60%? Check details here

    Punjab has proposed hiking dearness allowance of 85,000 state government employees from 42% to 60%, according to Cabinet Minister Aman Arora. Recommendation will be sent to CM Mann for final approval. 

  • 7th Pay Commission DA hike: What is AICPI-IW? Why it matters so much for amount calculation for central govt employees

    7th Pay Commission DA hike: What is the AICPI-IW? We explain its significance and why it matters so much for salary amount calculation for central government employees and pensioners in India.

  • Insurance fraud: ₹15 lakh landed in senior citizen’s account, HC said mere receipt of money doesn’t prove guilt

    A 78-year-old retired IFS officer got ₹15.15 lakh in his bank account linked to an alleged insurance fraud. The Madhya Pradesh High Court granted him anticipatory bail, saying merely receiving crime proceeds did not prove knowing involvement.

  • ITR deadline for businesses and professionals: Who gets time until October 31 to file their returns?

    The ITR filing deadline for businesses and professionals is later than the due date for most individual taxpayers. Taxpayers subject to audit have until October 31, 2026. Full list here.

  • EPF account rules: When does an EPFO account become inoperative, and what should members do?

    EPF account rules explained: Know when an EPFO account becomes inoperative, when interest stops, and how members can withdraw or transfer their PF balance using Form 19, Form 13 and other EPFO services.

  • Credit-risk funds deliver 8.97% 3-year returns, highest among debt funds. Should you invest? Experts flag key risks

    Credit-risk funds delivered 8.97% returns over three years, emerging as the best-performing debt mutual fund category amid improving corporate fundamentals. Experts caution that higher returns come with greater credit, downgrade and liquidity risks, making portfolio quality crucial for investors.

  • 8th Pay Commission: DA may hit 66%-67% by January 2027 as AICPI-IW points to another hike

    Central government employees may see DA rise to 66%-67% from January 2027 if AICPI-IW remains strong. The projection is based on the existing 7th Pay Commission formula and is not an official government announcement.

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