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India’s manufacturing hits 14-month high as Asia-Pacific logistics rents stay flat in H1 2025

India’s manufacturing sector hit a 14-month high amid logistics rents across Asia-Pacific held nearly flat in the first half of 2025 (H1 2025), dropping 0.4 per cent year-on-year (YoY) despite global trade tensions and heightened caution among occupiers, a report…

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Worldline names Srikanth Seshadri as CFO amid strategic overhaul

Worldline has appointed Srikanth Seshadri as CFO, effective September 8, replacing Gregory Lambertie. Seshadri brings over 20 years of global finance experience from Alstom, with expertise in strategy, M&A, and turnaround execution. His appointment comes amid regulatory scrutiny and forms…

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Electronics makers shop for cos to tap western clients

Companies like Kaynes, Dixon Technologies, Syrma SGS, Cyient, and Amber are actively acquiring and partnering with companies to access new technologies and tap into the global market.

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Income Tax Department enables online filing of ITR-3 form

The Income Tax Department on Wednesday informed that it has enabled online filing of income tax return (ITR) form number 3 (ITR-3). Taxpayers who have business income, income from share trading (such as futures and options), or even investments in…

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Microsoft in advanced talks for continued access to OpenAI tech: Report

The companies have discussed new terms that would allow Microsoft to use OpenAI’s latest models and technology even if the ChatGPT maker declares it has achieved artificial general intelligence (AGI), or AI that surpasses human intelligence, the report said.

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India needs a Top 20 audit firm ecosystem, not just a Desi Big Four, says Baker Tilly ASA’s Ajay Sethi

India’s audit ecosystem remains tilted in favour of the Big Four, warns Baker Tilly ASA’s Ajay Sethi, citing exclusionary tenders, restrictive private equity clauses, ambiguous joint audit rules, and weak enforcement of the ICAI guidelines. Sethi said that instead of…

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  • Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold

    Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.

  • Selling property or stocks? These 5 smart hacks can help you save capital gains tax

    Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.

  • FCNR deposits are a 'no-brainer' for NRIs, so what may be holding them back? Zerodha's Nithin Kamath explains

    Zerodha's Nithin Kamath highlights long account-opening processes as a barrier for NRIs to benefit from FCNR deposits. The RBI's favorable changes make it easier, but slow onboarding could diminish interest. 

  • Performance-linked mutual fund fee vs TER: How SEBI’s new model works and why fund houses are hesitant

    SEBI has proposed a performance-based fee framework for mutual funds, linking fees to a fund's performance rather than a fixed ratio. However, industry hesitance stems from operational challenges and complexities associated with variable fee structures.

  • Microsoft, Nvidia, Apple to Amazon - lose $2.3 trillion in June: Is it time to trim your US tech stocks?

    The Magnificent Seven tech stocks lost $2.3 trillion in value in June due to uncertainty over AI investments. Major declines were noted for Microsoft and Nvidia. Investors are advised to diversify portfolios and consider market concentration to mitigate risks amidst fluctuating valuations.

  • ITR filing 2026: 6 costly mistakes salaried taxpayers should avoid before 31 July deadline

    As the last date of filing ITR looms closer, it is important to be careful about certain key factors. These include choosing the right ITR form and regime, and cross-verifying taxable income against the disclosures made in AIS/TIS.

  • New vs old regime: Earning ₹20 LPA? Here's which regime saves you over ₹1 lakh

    The tax regime choice becomes more nuanced at a ₹20 lakh annual salary, where the Section 87A rebate is no longer available. A comparison shows whether common deductions under the old regime can outweigh the new regime's lower tax rates.

  • NRI selling investments? Here's how you can save capital gains tax

    Section 215 of the Income Tax Act, 2025 allows eligible NRIs to claim exemption from long-term capital gains tax. But the benefit is available only if strict conditions on investment source and reinvestment are met.

  • Low-volatility mutual funds: Should you invest? Here's what experts say

    Low-volatility mutual funds seek to cushion market downturns while keeping investors invested in equities. Understand how the strategy works and who should consider it.

  • From ITR to Aadhaar: Key financial changes kicking in from July 1

    Several financial changes come into effect from 1 July, including revised ITR filing deadlines, free Aadhaar email updates and new RBI rules against bank mis-selling. Here's how they could affect you.

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