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Housing finance platform Weaver Services to raise Rs 1,482 crore from Lightspeed, Premji Invest

Weaver Services, a tech-led housing finance platform, is raising Rs 1,481.5 crore in funding led by Lightspeed and Premji Invest. Focused on affordable housing, Weaver targets self-employed individuals in smaller cities. The funds will support asset acquisitions, tech development, and…

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Maharashtra govt, Prestige Group Ink Rs 12,500-cr investment pact for logistics, data centres, GCC parks

Maharashtra government collaborates with Prestige Group. They signed a Memorandum of Understanding. Prestige Group will invest over Rs 12,500 crore. The investment focuses on logistics, data centers, and GCC parks near Navi Mumbai. This deal aims to boost Maharashtra’s growth.…

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GST Rationalisation Can Ignite Private Capex Cycle, Say Economists

Economists have hailed Prime Minister Narendra Modi’s proposed Goods and Services Tax (GST) rate rationalisation as a timely move to spur consumption and revive private capex. But will short-term fiscal pain derail public investment? And can a broad-based demand revival…

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PM Modi to meet China’s top diplomat Wang Yi as Asian powers rebuild ties

Narendra Modi will meet with China’s top diplomat amid easing tensions. The meeting aims to address the disputed border and trade resumption. This occurs alongside strained India-U.S. relations due to tariffs. Modi will also visit China for a summit. Both…

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China lifts curbs on fertilizers, rare earths & tunnel boring machines to India

In a major development, China conveyed on Monday it has lifted export restrictions on fertilizers, rare earth magnets, and tunnel boring machines to India, addressing key concerns raised by New Delhi. This assurance was conveyed by Chinese Foreign Minister Wang…

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Nothing India appoints Hemant Kundavaram as CFO to lead financial strategy

Nothing has appointed Hemant Kundavaram as CFO for its India operations, signaling the country’s strategic importance. Kundavaram’s extensive experience in finance, including fundraising and IPOs, will be crucial as Nothing scales its presence in India. This appointment follows a period…

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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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