Blog - Advisors India

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SpotDraft appoints Amit Sharma as CFO to drive global expansion

Legal-tech firm SpotDraft has appointed Amit Sharma as Chief Financial Officer and Alon Waks as Chief Marketing Officer. These appointments support the company’s accelerated global expansion. SpotDraft is doubling down on scaling operations across the Americas, EMEA, and India. The…

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Fitch ups India’s FY’26 GDP growth forecast to 7.4% on better consumer spending, GST reforms

Fitch Ratings has raised India’s GDP growth forecast for the current fiscal to 7.4%, citing increased consumer spending and improved sentiment boosted by GST reforms. Falling inflation is expected to allow the RBI one more policy rate cut in December…

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IndusInd Bank denies report of talks to bring in strategic partner

IndusInd Bank has firmly refuted speculation surrounding the pursuit of a strategic partnership. The bank clarified that there are currently no negotiations taking place. Previous claims had indicated that Hinduja Group, its major shareholder, was interested in finding a global…

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EU to launch antitrust probe into Meta over use of AI in WhatsApp, FT reports

Brussels is gearing up to scrutinize Meta Platforms with a fresh antitrust investigation. The European Commission is particularly interested in how Meta has woven its AI functionalities into WhatsApp. An official announcement is expected shortly, as regulators delve into the…

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Rupee opens at fresh low, sinks to Rs 90.41 vs USD on heavy outflows

The Indian rupee has reached a new low, trading below 90 against the US dollar. This marks a significant slide for the currency. Foreign investors are continuing to withdraw funds from Indian stocks. The rupee’s decline is impacting exports and…

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OpenAI strives for Tata hand to grow footprint in India

A partnership with the Tata Group would mark the beginning of OpenAI’s Stargate India chapter while accelerating TCS’ ambition of becoming the “world’s largest AI-led services company.” India has the second-largest user base of ChatGPT after the US.

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Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest
Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.
8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions
UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.
Dearness Allowance: Here's the formula used to calculate your DA hike, explained
Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how…
RBI mis-selling rules explained: Tricked into buying a financial product? Here's how you can get your money back
Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.
EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison
EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.
Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here's what happened next
A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on ₹19.06 lakh leave encashment. Details here.
RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms
The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.
Made a mistake in your tax return? Here's how to correct it even after receiving a refund
Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 
Can investing in an under construction property help you save capital gains tax? Check Section 54 rules
Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines
Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind
When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.