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Credit flows to commercial sector increase 15% in 2025

Non-banking finance companies (NBFCs) saw their lending grow by 22% in the period leading up to the end of December. This expansion was faster than that of bank advances, which reported a 14.4% growth during the same timeframe. NBFCs, excluding…

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EU suspends export benefits for certain Indian goods ahead of key FTA conclusion

The European Union has suspended export benefits for a significant portion of Indian goods, including textiles and metals, effective January 1. This move removes an average 20% tariff advantage, impacting India’s price competitiveness against countries like Bangladesh and Vietnam. The…

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India's chip ambitions set to take wing with Micron's Gujarat plant coming onstream next month

India is actively building strategic alliances with countries like the US, EU, Germany, Japan, and South Korea, Minister Ashwani Vaishnaw said at

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Amazon plans nearly 30,000 corporate job cuts, may impact AWS, Prime Video & other units

Corporations are increasingly using AI to write code for their software and adopting AI agents that automate routine tasks, as they ‍look to ⁠save costs and cut reliance ⁠on people. Amazon touted its latest AI models during its annual AWS…

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DLI 2.0 may shift from reimbursements to equity-linked support

While the final structure has yet to be confirmed, policymakers are actively debating various instruments, including equity stakes, debt, or hybrid models such as compulsory convertible debentures.

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Niti seeks extra sops under PLI for makers of recycled batteries

The report highlights the need to expand Extended Producer Responsibility (EPR) coverage and tighten enforcement to transform India’s waste into strategic resources and reduce supply chain vulnerabilities.

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News

  • EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process

    Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.

  • A financial master sheet won't make you richer—but it could save your family from economic chaos

    A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.

  • Why large-cap funds are losing their alpha edge post-2010: Key factors behind decline and what investors should do

    Large-cap funds have seen their alpha generation decline over the years compared with the Nifty 50 TRI. While funds outperformed strongly during 2000-2009, the advantage narrowed in the following decade and turned negative after 2020.

  • Not reporting bank interest or LTCG in your ITR? Avoid these 2 common tax filing mistakes

    Many taxpayers mistakenly assume that TDS-deducted income or tax-exempt LTCG need not be disclosed in their ITR. Such omissions can create mismatches with AIS and Form 26AS, leading to tax notices or adjustments even when no additional tax is payable.

  • Pay commission: Maharashtra approves incentive allowance at 30% of basic pay for Anti-Narcotics Task Force personnel

    The Maharashtra government has approved incentive allowance equivalent to 30% of basic pay for police officers and personnel in the Anti-Narcotics Task Force (ANTF) under the 7th central pay commission. 

  • ITR deadline 2026: Govt says portal can handle 1 cr returns daily; experts explain why you shouldn't wait until July 31

    The government says the income tax e-filing portal can process up to 1 crore ITRs a day, but experts say taxpayers should not mistake higher capacity for a risk-free last-day filing experience. Here's why they don't expect an extension yet, and why waiting until July 31 could still be costly.

  • Active large-cap funds closely mirror Nifty 50 index: New study finds 90% overlap in sectoral allocation

    Active large-cap funds may not provide as much diversification as many investors expect. A study shows their sector allocations and stock portfolios closely mirror the Nifty 50, with the overlap becoming even higher among the largest funds. 

  • ITR deadline tomorrow: What to select in the ‘reason for filing ITR’ field in your tax return form — Check here

    The income tax return filing season is nearing its end, with over 5 crore returns submitted. A significant question on the ITR form is causing confusion. Here's how to respond to it.

  • DA hike: West Bengal govt employees to get 20% dearness allowance increase, October salaries before Durga Puja, says CM

    DA hike: West Bengal state government employees will receive their 20% dearness allowance increase and salaries for October before Durga Puja festivities, according to Chief Minister Suvendu Adhikari. 

  • This EPFO error is silently hurting job prospects and hiring chances for several subscribers. Here's how

    EPF subscribers are facing issues with overlapping employment records and missing data on the EPFO portal after its recent system migration. Lawyers explain whether employers can reject your job application solely due to EPFO portal error.

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