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Consumer demand revives in Q3; Indian shoppers seeking higher value for money but not structurally downtrading: JM Financial

India’s consumption trends are shifting as Q3 demand shows revival in value fashion and jewellery, supported by GST cuts and festive buying, says JM Financial’s Gaurav Jogani. While premium apparel and QSRs remain weak, jewellery sees strong value-led growth despite…

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Lendingkart crisis deepens: Founder Harshvardhan Lunia goes legal against Fullerton-led management

Lendingkart faces a deepening crisis as co-founder Harshvardhan Lunia launches a legal battle against majority shareholder Fullerton Financial Holdings. Allegations of mismanagement and a sharp reduction in business disbursals coincide with a proposed rights issue and concerns over the fintech’s…

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US tech majors Apple, Amazon, Cisco, Meta jointly oppose Jio, Vi on 6 GHz band spectrum

US technology companies — including Apple, Amazon, Cisco, Meta, HP and Intel — have opposed Reliance Jio and Vodafone Idea’s push to allocate the 6 GHz spectrum band for mobile services, arguing that the entire band should instead be reserved…

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Lakshmi Mittal leaves UK over ‘inheritance tax’, now a Swiss resident, claims report

A report claimed that Indian-origin steel tycoon Lakshmi Mittal have left the UK and relocated to Switzerland. The report claimed that UK’s inheritance tax has driven Mittal out like many other super-rich as UK taxes them on earnings from assets…

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India’s exports go beyond the US: SBI report shows how trade with emerging markets is expanding

India’s exports go beyond the US: India’s merchandise exports are diversifying, with a notable slowdown in shipments to the US since July 2025. Despite this, overall exports have risen, driven by increased trade with the UAE, China, and other emerging…

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Bajaj Electricals puts loss-making cookware unit Nirlep on the block

Bajaj Electricals is bidding adieu to its Nirlep cookware division to sharpen its focus on the lucrative consumer electronics market. After a thorough evaluation of its cookware operations, the company is considering various options for Nirlep, including a possible sale.

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  • 8th Pay Commission: AIDEF seeks review of DA and DR inflation formula to better reflect living costs

    Rising inflation concerns spark fresh demands for reform as Defence employees urge the 8th Pay Commission to overhaul the DA and DR calculation formula. AIDEF says the current inflation index fails to reflect the true cost of living for employees and pensioners.

  • 8th Pay Commission may revamp HRA structure as employee unions seek higher rates and DA linkage

    Rising living and housing costs have intensified calls for major reforms to the 8th Pay Commission HRA. Employee unions have proposed higher HRA rates, DA-linked revisions and regular city reviews to ensure central government employees and pensioners receive better support against inflation.

  • ITR filing 2026: Can you claim corporate health insurance as a tax deduction? Only under these conditions

    Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question. 

  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

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