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India’s core sector growth contracts 0.4% in March 2026 to lowest level since August 2024

March 2026 brought unexpected challenges for India’s foundational industries, as the Index of Eight Core Industries reported a contraction of 0.4 percent.

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First tranche of India-US trade deal almost finalised: Piyush Goyal

Commerce and Industry Minister Piyush Goyal said on Monday that the first tranche of the India-US bilateral trade agreement has almost been finalised, and a team of his ministry officials is in Washington for the discussions.

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IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'

Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment. This could cut the goods and services tax on tickets significantly. The current 40% tax is seen as too…

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Exclusive: Govt mulls CAG-like body for listed firms, private banks, NBFCs

While public sector undertakings already come under the CAG led framework, the proposal currently being examined by a high-level PMO panel seeks to extend a similar model first to publicly listed companies, private sector banks and NBFCs, where auditor appointments…

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Nagarro ropes in former HCL Tech CFO to lead finance function

Nagarro SE has appointed Prateek Aggarwal as its new Chief Financial Officer (CFO) and Management Board member, effective May 1, 2026. With over 20 years of finance leadership experience in the technology sector, Aggarwal previously held CFO roles at HCLTech…

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Waaree Renewable eyes growth in BESS, data centres: CFO Manmohan Sharma

From the last five financial years, the company has more than doubled its revenue each year. Growing from Rs 162 crore in FY22 to Rs 351 crore in FY23, and to Rs 876 crore and Rs 1,598 crore in FY24…

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  • DA hike in Bihar: Samrat Choudhary govt announces DA, DR hike for employees, pensioners— Check new rates, effective date

    The Bihar government has approved a Dearness Allowance increase for state employees and pensioners, raising it by 5 percentage points for the 6th Central Pay Commission and by 9 points for the 5th, effective January 1, 2026. This is a key financial decision by Chief Minister Samrat Choudhary.

  • Social Security raise in 2027? New forecasts signal a higher COLA than earlier expected

    New inflation data suggests a possible 4.2% increase in Social Security COLA for 2027, up from 3.2%. Rising costs of essentials have led to revised projections by analysts and advocacy groups, highlighting a significant loss in purchasing power for beneficiaries since 2016.

  • Locked EPFO account? Here's why it happened and how you can recover it

    See an “EPF account locked” message when you try to log into your employee provident fund. This can happen due to multiple reasons. Here's what steps EPFO members can take to resolve the issue and access their account…

  • Why is the EPFO launching a new website? Here's all you need to know about E-PRAAPTI portal

    The EPFO is all set to launch a new web portal soon, known as the E-PRAAPTI, to help members recover their old and inoperative employee provident fund accounts. Here's all you need to know…

  • I asked ChatGPT how to build fintech startup in 5 years on ₹10 LPA job: AI didn't sugarcoat anything

    A Bengaluru tech professional sought a realistic startup plan from ChatGPT. The advice emphasised using a stable job as financial capital, maintaining low fixed expenses and focusing on genuine problems over trendy ideas. 

  • Income-tax rules: Capital gains taxation on digital, paper, physical and inherited gold for Indians and NRIs, explained

    Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) physical and inherited gold are taxed for residents and NRIs.

  • ITR filing 2026: Sold property at a loss? Here’s how you can claim income tax relief this year

    Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains. Both short-term and long-term losses can be carried forward for up to eight years. Full details here.

  • Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments

    Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.

  • PPF extension vs phased withdrawals: What should investors choose after account maturity?

    After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.

  • 8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision

    8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 

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