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Reliance Industries to set up India’s largest data centre cluster in Andhra Pradesh

RIL plans to set up a “giga-scale AI (artificial intelligence) data centre cluster” in three phases, they said, adding that the company has sought 935 acres for the cluster (300 acres for the first phase and 635 for the second),…

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MoSPI proposes Index of Service Production with 2024-25 as base year

The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector using GST data, with 2024–25 as the base year. The index will track key service segments such as trade, transport,…

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AB Energia targets to sustain 2.5x growth, plans backward integration, BESS, & scale to ₹1,000 cr revenue: CFO Sandesh Naik

AB Energia, a solar EPC firm, aims to maintain its 2.5x growth trajectory by expanding its core business and diversifying into new verticals like battery storage and residential rooftop solar. The company projects Rs 1,000 crore revenue in FY27, driven…

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NFRA flags insufficient audit evidence and incorrect opinion in Singhi & Co audit, finds gaps in independence and documentation

FY24 inspection highlights unsupported audit opinion, weak file integrity, inconsistent sampling and control testing.

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ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growth

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will help India overcome global challenges. The government is also addressing cybersecurity threats from advanced AI models. Sitharaman assures that reforms will continue…

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DPIIT issues operational guidelines for Rs 10,000 crore Startup India Fund of Funds 2.0 scheme

“The Scheme will be implemented through commitments to SEBI-registered Category I and II Alternative Investment Funds (AIFs), which will invest in DPIIT-recognised startups,” the release noted.

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  • NPS to OPS switch for central government employees: Who could benefit from NC-JCM’s demand over pre-2003 vacancies?

    NC-JCM has sought OPS benefits for certain NPS-covered central government employees recruited against vacancies sanctioned before 22 December 2003. Here’s who could benefit if the government accepts the demand and how it differs from the existing OPS eligibility rules.

  • Gold, silver prices today, 8 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 8 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • Income-tax refund not received after filing ITR? Check these 6 things if refund is delayed, failed or not credited

    Filed your ITR but the income-tax refund has not reached your bank account? Here are six things to check if the refund is delayed, failed or marked as issued. From checking your refund status and bank-account validation to requesting a refund reissue, here’s what taxpayers should do next.

  • Income Tax Dept seized gold and silver from Mumbai woman; here’s why ITAT deleted ₹11.23 lakh tax addition

    Income Tax Dept seized gold, diamonds and 11.2 kg silver from a Mumbai woman’s home and bank lockers. ITAT Mumbai deleted ₹11.23 lakh tax addition after accepting her explanation of marriage gifts and inheritance.

  • Can you nominate a minor for insurance or mutual funds? Here's what you need to know

    Investing in mutual funds or insurance requires nominating a person to receive proceeds upon death. Here's whether minors can be nominated and everything else you need to know.

  • Public insurance registry explained: What policyholders need to know

    The registry could bring several changes for policyholders, from putting all their insurance policies in one place and making health insurance portability easier to enabling product comparisons, simpler servicing and better visibility into agents and intermediaries

  • Mutual funds vs direct stocks: The hidden tax advantage on dividends that investors need to know

    Mutual fund dividends enjoy a tax edge: unlike direct stock payouts, which are taxed at slab rates, fund dividends are untaxed at the scheme level and compound within the NAV, with investors paying capital gains only at redemption.

  • Only 20 of 320 active fund managers have 10+ years of experience: Why investors should look beyond past returns

    Mutual funds often come with 10- or even 20-year performance histories, but the manager currently making investment decisions may have been running the scheme for much less time. A September 2026 analysis found average manager tenure below three years across every equity-fund category.

  • Is your SIP in the red after 2 years? Know when 69% of these weak starts entered double-digit return territory

    A weak or negative SIP return in the first two years may not be a reason to exit. An analysis of two decades of Nifty 500 TRI data found that nearly 69% of cases with negative two-year SIP returns delivered double-digit annualised returns by year five, while none remained negative. 

  • Saving money for no reason? 5 luxuries you must spend on once essentials, emergencies and future goals are covered

    Investing in experiences and comfort can enhance life satisfaction. Here are 5 luxuries you must spend on once essentials, emergencies and future goals are covered.

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