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Instamart profitability still a long way away, AOV ramp-up key to improve performance: Elara

Elara Capital predicts Instamart, Swiggy’s quick commerce arm, will achieve a contribution margin break-even by early fiscal year 2027, driven by increased average order values and new features. Despite progress in contribution margins, profitability may take longer due to high…

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Mid-year ecommerce sales spike sets the stage for cracking festive season

Ecommerce order volumes rose 19% during the July 11–14 sale, driven by strong demand in electronics, appliances, and fashion. Tier-II and III cities led growth. Brands saw up to 8x sales spikes, prompting festive season preparations. The momentum signals recovery…

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Zepto Cafe scales down amid sourcing, staffing hurdles

Zepto Cafe, the 10-minute food delivery arm of quick commerce firm Zepto, is scaling down operations as it battles supply chain issues and a shortage of trained kitchen staff. The slowdown comes just as rivals Blinkit’s Bistro and Swiggy’s Snacc…

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OpenAI’s former CTO Mira Murati’s startup Thinking Machines raises $2 billion led by a16z

Venture capital firm Andreessen Horowitz led the round that also saw participation from AI chip giant Nvidia, Accel, ServiceNow, Cisco, AMD and Jane Street, the startup said.

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Piyush Goyal engages with deeptech startups to boost funding, infra, global market access

Union Commerce and Industry Minister Piyush Goyal discussed ways to enhance access to funding, infrastructure support, regulatory facilitation, and global market linkages with the deeptech startups.

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RBI’s commitment to keep sufficient liquidity will facilitate rate cut transmission: Fitch

Fitch Ratings reports that the RBI’s significant liquidity injections into the banking system since early 2025, including government securities purchases and a planned CRR cut, will ease funding conditions. This environment is expected to facilitate the transmission of 100 basis…

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News

  • 5 red flags investors should watch out for before choosing a financial product

    If an investment product promises exceptionally high returns and claims little or no risk to the amount invested, you should consider it as a clear red flag.

  • Sebi open market share buy-back norms explained: Eligibility, timeline and impact

    Sebi has approved the reintroduction of share buy-backs through the open market route from 1 August 2026. The buy-back timelines have been reduced, and promoters are not allowed to participate.

  • Is it a bank holiday today? Check RBI calendar to know if SBI, HDFC, ICICI, others are open or closed on 4 July

    Check RBI calendar to know if SBI, HDFC, ICICI, others are open or closed on 4 July. RBI's holiday schedule provides comprehensive detail about non-working days for banks under Negotiable Instruments Act and other under Banks’ Closing of Accounts in addition to weekend offs.

  • You can now add, update email to Aadhaar for free: Check how, last date and other details

    UIDAI is now allowing people to add or update email IDs to their Aadhaar card directly through the mobile application. The service was enabled on 1 July 2026 and will be free to use for six months.

  • ITR filing 2026: Gifts, inheritance and rural agricultural land sale receipts can now be reported separately

    The new income tax form initially lacked a section for certain tax exempt receipts. Now, it includes an additional dropdown for ‘Receipts not in the nature of income’. Experts decode what this news head means for taxpayers.

  • Dearness Allowance: Could employees get 3-4% DA hike announcement this month? Here's what the numbers indicate

    Dearness Allowance: DA is revised twice a year in line with the All-India Consumer Price Index (AICPI) to match the cost of living. Here's a look at the numbers and whether employees could get a 3-4% DA hike this month.

  • Will your PF corpus shrink due to ₹1,800 contribution cap? EPF-2026 rules bring employer contribution into focus

    The central government has introduced the EPF Scheme, 2026, mandating a fixed monthly contribution of ₹1,800 each from employees and employers. Here's how the new rules may shrink your final provident fund corpus. 

  • I-T dept allows charitable trusts to seek fresh approval post deadline, taxpayers to get 80G relief

    The deadline to apply for fresh approval expired on 30 September 2025. Following this, all the applications made by charitable trusts were rejected purely on the grounds of delay in seeking approval. With the latest circular, the I-T department has provided relief to these charities.

  • How much retirement corpus do you need if you have ₹1 lakh monthly expenses now? Experts say it depends on these factors

    Retirement planning involves personalised strategies for investing according to risk appetite and anticipated lifestyle changes. Factors such as inflation and healthcare costs must be incorporated into the calculation of the necessary retirement corpus. 

  • EPFO: Documents and errors — Here are the top reasons your employees' provident fund claims could be rejected, explained

    Employees' Provident Fund Organisation: We take a look at the top four reasons an EPF subscriber's claim for their employees' provident fund may be rejected. Check the reasons here, explained.

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