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Finance ministry weighs proposal for PSU general insurers’ merger

In the Budget for 2018-19, the then finance minister Arun Jaitley announced that the three companies – Oriental Insurance, National Insurance, and United India Insurance – would be merged into a single insurance entity.

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No recession risk for US economy as a whole, Bessent tells NBC

U.S. Treasury Secretary Scott Bessent said the 43-day government shutdown resulted in a permanent economic loss of $11 billion, even as he expressed confidence about growth prospects in 2026. He said interest rate–sensitive sectors such as housing had slipped into…

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CAG auditing reforms by states to improve ease of doing biz for MSMEs

This initiative aligns with national priorities such as Viksit Bharat @2047 and Business Reform Action Plan 2024 spearheaded by the Department of Promotion of Industries and Internal Trade, he said.

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Adani Green adds two fresh entities to boost renewable operations

Adani Green Energy is expanding its clean energy reach. The company has formed two new subsidiaries in Gujarat. These entities will focus on generating and distributing renewable power. This move strengthens Adani Green’s commitment to solar and wind energy development.…

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Fruitful interaction: PM Modi after meeting Indian-origin tech entrepreneurs in Johannesburg

During the meeting, the Prime Minister spoke about initiatives undertaken by entrepreneurs in FinTech, social media platforms, agriculture, education, healthcare, medical devices and other fields.

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New Labour Codes 2025: What changes for every worker in India

India is introducing new labour codes. These codes simplify workplace rules across all sectors. They aim for universal minimum wages and social security for gig workers. Flexible work arrangements and digitised compliance are key features. The changes promote worker protection…

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  • 8th Pay Commission: How 3%, 5%, 6% annual increments could raise central government employees' salaries over 5 years

    8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay over five years through compounding.

  • Can unpaid business expenses be claimed as tax deduction? ITAT Mumbai's ruling explains when you can

    A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.

  • Filed your ITR before 31 July but found an error later? Tax expert explains who can revise and how

    Filed your ITR before the 31 July deadline but spotted an error later? Eligible taxpayers can still revise their return under Section 139(5). Here's who can file a revised ITR, the process and the key documents to verify.

  • India's loan story: Women, younger borrowers and non-metro regions driving credit growth as numbers jump to 74% in 2026

    Women, younger borrowers and non-metro regions are driving credit growth in the country. The number of eligible Indians opting for loans has jumped from 34% in 2017 to 74% in 2026.

  • Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

    After years of small and mid-cap outperformance, large caps could be poised for a stronger phase. A new report cites six factors, including improving economic growth, attractive valuations and supportive macro trends, while urging investors to maintain a balanced market-cap approach.

  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

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