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The hidden Rs 9,000 crore business behind India’s water purifier boom

India’s water purifier market is evolving beyond just selling machines. Companies are now focusing on the lucrative service sector, including filter replacements and maintenance. Eureka Forbes is a key player, expanding its technician network to tap into this growing market.…

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India Inc clocks $11 billion deal activity in May: Report

Deal activity in India cooled in May 2026 from an exceptionally strong April, with 196 transactions worth $11 billion, a report said on Monday.

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Zepto files updated papers for Rs 9,500 crore IPO; aims July listing

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to…

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Indian CFOs remain Asia-Pacific's most optimistic despite Middle East conflict

Indian chief financial officers remain the most optimistic in Asia Pacific about their businesses and the domestic economy despite escalating geopolitical tensions in the Middle East, although most expect the conflict to negatively affect economic activity and corporate performance, according…

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SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque

The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026. This follows SBI’s reported 6% year-on-year rise in net profit for the January-March quarter of…

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CAM, TT&A guide Hygenco’s $105 mn raise to scale green hydrogen capacity in India

Hygenco has secured a significant USD 105 million in fresh equity. The investment comes from a consortium including the International Finance Corporation, Siemens Financial Services, and Fullerton Carbon Action Fund. This capital will boost Hygenco’s green hydrogen production capabilities. The…

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  • Pay commission: Here's what Mumbai BEST bus employees are demanding on salary increase, gratuity payments

    The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding salary hike, implementation of the 7th pay commission recommendations, retirement and gratuity payments.

  • 6th vs 7th vs 8th Pay Commission: Why the widening basic pay gap is drawing attention

    A widening pay gap is emerging as a key concern for the 8th Pay Commission. While salaries have increased across government services during earlier pay commissions, the rise in top-level basic pay has outpaced that of minimum pay, fuelling demands for a fairer, more balanced compensation structure.

  • Dearness allowance: Here’s why 20% DA hike is significant for West Bengal state govt employees

    Dearness allowance: Here’s why West Bengal's 20% DA hike is significant for state government employees and retired pensioners. Check here to see how much of the salary gap has been reduced…

  • Senior citizens can now earn up to 7.95% on FDs as Bandhan Bank revises deposit rates | Check tenure and other details

    Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits. 

  • SEBI eases NISM certification norms for relationship managers, sales executives | Full details here

    Sebi has simplified the NISM certification process for sales and non-core staff in investment advisory roles, allowing them to obtain a lighter certification module based on feedback from market participants. This change aims to ease compliance for firms and will take effect immediately.

  • I asked ChatGPT if ₹5 crore is enough to retire in India. Here's what it said

    A 45-year-old professional in Delhi estimates that ₹5 crore can support his retirement. With anticipated post-retirement expenses of approximately ₹15.8 lakh annually, the corpus exceeds this need, demonstrating the importance of calculating future expenses

  • Earning 15 LPA? Here's how much you can save in taxes in new and old regime

    For salaried individuals earning ₹15 lakh a year, the choice between the old and new tax regime can significantly affect their tax outgo. Here's a detailed comparison of how much tax you may pay under each regime.

  • I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said

    In 2026, a family in Noida should maintain an emergency fund of around ₹17 lakh, based on monthly expenses of ₹1.4 lakh. This amount provides a financial cushion for one year during unemployment, ensuring uninterrupted living costs.

  • Normal SIP, fixed top-up SIP, or variable top-up SIP: Which approach created more wealth over the years?

    The analysis shows that while a regular SIP can create significant wealth over the long term, investors who increase their SIP contributions periodically stand a much better chance of building a larger corpus.

  • Living in Bengaluru, Pune or Hyderabad? Your tax benefits just got bigger – What you need to know about new HRA rules

    The CBDT has revised HRA rules, expanding benefits for taxpayers in major urban areas and increasing compliance requirements. New metro cities added for HRA exemptions could lead to higher tax savings for employees in cities like Bengaluru and Hyderabad under the Old Tax Regime.

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