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Nestle India Jun qtr profit slips 13.4 pc to Rs 646 cr; sales rise 5.8 pc to Rs 5,073 cr

Nestle India faced a profit dip in the June 2025 quarter. The company’s consolidated net profit declined by 13.4 percent, reaching Rs 646.59 crore. High commodity prices impacted the earnings. However, revenue from sales saw an increase of 5.86 percent,…

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Google, Microsoft to halt hiring in India? Trump urges US tech giants to prioritise American workers

President Trump challenged tech companies to prioritize American workers over outsourcing, particularly targeting firms like Google and Microsoft. He signed executive orders to boost domestic AI development, aiming to reduce reliance on foreign expertise and ensure AI serves national interests.…

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Manufacturing drives India’s flash PMI to 60.7 in July, private sector shows robust growth

India’s private sector showed robust growth in July, fuelled by strong manufacturing and global demand, the HSBC Flash India Composite Purchasing Managers’ Index (PMI) showed on Thursday.

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Executive Centre India files draft papers with Sebi to raise Rs 2,600-cr via IPO

Executive Centre India has filed preliminary papers with Sebi to raise Rs 2,600 crore through an IPO, consisting entirely of a fresh issue of equity shares. The funds will be used for investments in subsidiaries and part-payment for acquiring step-down…

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India to get cheaper British cars, medical devices; UK fin services cos to get equal footing in FTA

India and the UK are set to sign a Free Trade Agreement. This deal aims to increase trade by billions. British products will become more accessible to Indian consumers. The agreement covers various sectors, including clean energy and financial services.…

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India resists EU’s oversight proposal on capital flows citing sovereignty concerns, sources say

INDIA-EU-India resists EU’s oversight proposal on capital flows citing sovereignty concerns, sources say

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News

  • EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained

    EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.

  • ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers

    The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.

  • 8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries

    The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.

  • When should young investors pivot from aggressive bets to capital preservation for retirement?

    During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.

  • HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

    HDFC Bank has revised its SmartBuy rewards program, introducing a cap on reward points for brand voucher purchases on major premium credit cards. Here's what changes for customers.

  • Buying the dip vs SIP: Which strategy delivers better returns? Here's what math says

    Market swings often lead investors to seek ideal buying moments. However, historical data shows systematic investment plans outperform market timing strategies, as cash on the sidelines incurs opportunity costs. 

  • EPF Scheme 2026 notified under Social Security Code: New withdrawal rules and other changes you should know

    The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.

  • SK Hynix heads to Nasdaq: Should Indian investors choose it over Micron? Which is the better long-term bet?

    SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.

  • 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.

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