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India's Vodafone Idea reaffirms three-year growth targets, $4.7 billion capex plan

Vodafone Idea plans double-digit revenue growth and significant network investment. The company will invest 450 billion rupees in its network over three years. Funding is being secured from Indian and foreign lenders for this expansion. Network equipment orders worth 90…

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New foreign investment rule looms over AIFs, foreign investors

A new regulation threatens alternative investment funds’ established structures. These funds have relied on Indian ownership for sponsor and manager control. The draft rules suggest foreign investor funding could now determine control status. This change may impact investments in restricted…

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Modern Bazaar explores stake sale with Reliance Retail, others as quick commerce squeezes business

Modern Bazaar is in talks with Reliance Retail, DS Group-owned Le Marche and two other premium chains for a strategic equity partnership or majority stake sale, even as its promoter says the business is not for sale. The gourmet grocery…

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India growth seen slowing to 6.6 pc in FY27, says Fitch Group company BMI

India’s economic growth is projected to slow to 6.6 percent this fiscal year. Elevated inflation will continue to erode household incomes and purchasing power. The boost from last year’s Goods and Services Tax reforms is expected to fade. Asia-Pacific’s fastest-growing…

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Paytm shares recover 410% from 2024 low, but will long-awaiting IPO investors finally see redemption?

Paytm shares have soared over 410 percent from their lowest levels, igniting hopes among investors that the stock will soon hit its initial public offering price. Bernstein’s increased target price offers a promising outlook, suggesting a strong uptrend following a…

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Finance panel seeks sector-specific audit studies, faster NFRA reforms

A parliamentary panel urged faster reforms at the National Financial Reporting Authority. It recommended separating audit quality review and disciplinary functions for clarity. The committee also called for improved systems to track regulatory cases effectively. The government stated amendments are…

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  • 8th pay commission: Deadline for consultant role applications ends tomorrow — Here's how to submit, check eligibility

    The 8th Pay Commission is set to close applications for contract-based consultant roles on its website on Monday, 31 August. With the deadline looming we explain the eligibility, and where and how to submit your applications…

  • UPI set for Uzbekistan rollout as India expands digital payments footprint and strengthens bilateral ties

    Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country. 

  • These taxpayers can't switch between old and new regimes every year: Know Form 10-IEA rules, deadline and filing process

    Taxpayers with business or professional income cannot switch between the old and new tax regimes every year. Form 10-IEA is required for the switch, with restrictions on re-entering the old regime. Here's what taxpayers filing ITR-3 and ITR-4 need to know for AY 2026-27.

  • Odisha govt employees: Salary may be deducted for unpaid alimony, maintenance; what order means for your money

    Odisha govt employees who default on court-ordered alimony or maintenance payments may now have the amount deducted directly from their salaries. The payment will be transferred to beneficiaries, with cases integrated into the state’s HRMS for automated compliance.

  • 5 innovation thematic funds posted over 15% returns in 1 year, with Bandhan leading the category; no scheme in the red

    Innovation funds invest in companies driving new technologies and disruptive trends. The category has seen varied performance over the past year, with some funds delivering strong double-digit returns. However, none of the funds posted a negative return during the period.

  • Indian equities, debt, gold and US stocks: How should investors allocate money across these asset classes?

    A diversified portfolio can perform very differently depending on how you split your money across Indian equities, debt, gold and US equities. Here’s what 16 financial years of data, from FY2011 to FY2027 year-to-date, reveal about the returns across these asset classes.

  • Want to sell inherited agricultural land? Here are the tax breaks available

    Inherited agricultural land can attract capital gains tax if it qualifies as urban agricultural land, but reinvestment in a home, agricultural land or specified bonds can help reduce the tax burden.

  • Why Gurgaon court upheld ₹2 lakh monthly maintenance for estranged wife despite husband’s 50% income drop

    Gurgaon court upheld ₹2 lakh monthly maintenance for an estranged wife despite her husband’s reported income decline and home loan liabilities.

  • DA news: After Punjab workers strike, state govt directs show cause notices be sent to absent employees — Latest updates

    DA news update: After workers in Punjab undertook a strike on 27 August to push for pending DA and other demands; the state govt has hardened its stance and directed officers to issue notices for ‘unauthorised’ absences. 

  • Jeevan Pramaan system for NRIs: Why online life certificate submission fails? Check 4 alternatives available

    Submitting the annual life certificate digitally presents persistent hurdles for pensioners living overseas. Common roadblocks include Aadhaar verification failures, lack of access to an Indian mobile number for OTP delivery, and a total reliance on family members for technical assistance

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