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JSW Sarbloh Motors forms JV with Tomcar USA for production of ATV in India

JSW Sarbloh Motors has partnered with Tomcar USA to manufacture TX all-terrain vehicles in India, targeting defence and paramilitary agencies. Production is slated to begin by early 2026 at JSW’s Chandigarh facility, with upcoming field trials. This joint venture aims…

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Riding high on Wegovy, Novo Nordisk doubled its workforce. Now layoffs loom

Novo Nordisk faces potential layoffs after a period of rapid expansion fueled by the success of Wegovy. The company’s workforce nearly doubled in five years, but slowing sales and increased competition are now putting pressure on costs. A hiring freeze…

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EAM Jaishankar roots for increased Indian exports of agri, pharma to Russia

External Affairs Minister S. Jaishankar, after meeting Russian Foreign Minister Sergey Lavrov, reaffirmed India and Russia’s commitment to expanding bilateral trade. He stressed the need for a more balanced relationship by boosting Indian exports in sectors like agriculture, pharma, and…

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Rajya Sabha passes Online Gaming Bill amid opposition protests

Rajya Sabha has passed ‘The Promotion and Regulation of Online Gaming Bill’ amidst opposition protests. Union Minister Ashwini Vaishnaw highlighted the bill’s focus on promoting e-sports and online social games while addressing concerns about online money games becoming a public…

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Shadow fleet: How secret ships beat Western oil sanctions

Facing EU sanctions due to Rosneft’s stake, India’s Nayara Energy is reportedly utilizing a ‘shadow fleet’ to import oil and export refined fuels. This fleet, estimated at a fifth of global tankers, helps circumvent Western sanctions by obscuring vessel identities…

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Nazara’s ₹800 crore PokerBaazi bet at risk of being written off

Nazara Technologies anticipates a potential write-off of its ₹800 crore PokerBaazi investment if the proposed online gaming bill restricts real money gaming. Despite this risk, the company’s overall financial performance remains unaffected, with no current revenue contribution from real money…

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  • Small Savings Scheme interest rates for July-Sept 2026 to be announced today; investors eye PPF, SCSS and SSY updates

    Small Savings Scheme Interest Rates July-September 2026 are expected today, with investors awaiting updates on PPF, SCSS, SSY, NSC and other government-backed schemes.

  • 8th Pay Commission: How family unit formula could boost salaries, expert explains

    8th Pay Commission: A higher family unit may increase the minimum basic pay, influence the fitment factor and boost salaries and allowances for central government employees across all pay levels.

  • Delhi EV policy to give purchase incentives: Two-wheeler buyers can get up to ₹30,000, ₹1 lakh for electric trucks

    Delhi EV policy: Here's a look at the proposed electric vehicle subsidy and purchase incentives for buyers of e-autos, electric trucks, two-wheelers and three-wheelers offered by the state government. 

  • Big relief for EV buyers! Delhi now offers tax waiver on electric cars up to ₹30 lakh

    The Delhi government has approved a new EV policy offering  incentives for electric vehicle buyers, including road tax exemptions and subsidies for two-wheelers. Here's which vehicles will benefit from the policy.

  • I-T dept flags up to 20,000 ITRs for ‘swapped provisions’ used to lower net tax liability — What happens next?

    The income tax department has identified 15,000-20,000 cases of taxpayers using swapped provisions to reduce taxable income. This involves replacing exemptions to lower tax liability without valid reasons and documents. Details here.

  • No restriction on buying petrol and diesel from July 1? Here's what changes

    The Indian government will lift restrictions on petrol and diesel sales starting July 1, following an improvement in fuel supplies. The move indicates stability in fuel distribution and supply in India, as per the Centre. 

  • EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered

    EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.

  • Can you gift overseas property tax-free? What returning NRIs and OCIs should know

    Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.

  • Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report

    Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…

  • From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances

    Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.

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