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India actively negotiating trade pacts with US, EU: Goyal

India is actively pursuing free trade agreements with several global partners. Discussions are underway with the United States and the European Union. The nation is also engaging with the Gulf Cooperation Council and exploring pacts with New Zealand. These negotiations…

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Chinese co Envision Group mulls India battery plant as storage demand rises

While the country’s battery storage capacity currently sits at less than one gigawatt, investors are taking an interest in its huge potential for growth, estimated to reach 46 gigawatts by 2032.

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Apollo Pharmacy eyes 10 cr customer base in 5 years, to open 2 new stores per day: CEO

Apollo Pharmacy is set to expand significantly. The company plans to open two new stores each day. This aggressive expansion aims to reach 10 crore customers within the next five years. Apollo Pharmacy currently operates over 7,000 stores across India.…

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Apple to open fifth India store in Noida on December 11 as record sales fuel retail expansion

Apple is opening its fifth store in India. The new official store in Noida will open its doors on December 11. This marks Apple’s second store in Delhi NCR and third this year. Customers can explore the latest products and…

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Rs 1,020 crore paycheck! Meesho IPO hands Elevation, Peak XV and founders meteoric returns up to 5,00,000%

Early investors in Meesho, including Elevation Capital, Peak XV and Y Combinator, are set for major gains in the IPO’s offer-for-sale as they sell 10.38 crore shares at ₹111 each. Their combined initial investment of about ₹131 crore has grown…

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Government forms panel to strengthen key recovery law

The Supreme Court in September ruled that the borrower’s right of redemption under Section 13(8) of the Act stands extinguished once the secured creditor issues a valid notice of sale (publication).

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News

  • Gold and silver price today, Sept 16: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities

    Gold prices in India rose nearly 0.65% today amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today. 

  • UPI MDR from October 15: Will your mutual fund SIP, insurance premium or OTT AutoPay get costlier?

    UPI will introduce MDR on select merchant payments above ₹2,000 from 15 October, but the new charge does not apply uniformly to all UPI transactions. Mutual fund SIPs through UPI AutoPay remain outside the prescribed MDR, while one-time capital-market payments get a lower 0.02% rate.

  • UPI MDR from 15 October: How merchant charges compare with credit, debit card fees and credit-linked UPI

    From 15 October, NPCI's new MDR policy will apply to certain UPI transactions. Here's how the merchant charges compare with credit card and debit card fees, and credit-linked UPI. 

  • Got a stipend while studying? ₹18.34 lakh ITAT case explains when students can claim income-tax exemption

    A postgraduate medical student received ₹18.34 lakh as a stipend from Aligarh Muslim University, but the Income Tax Department treated it as taxable salary. The Delhi ITAT held that the stipend was linked to her education and compulsory residency training and allowed the Section 10(16) exemption.

  • More households are moving up income ladder: How India's wealth pyramid could change by FY31

    India’s income pyramid is shifting rapidly, with millions of households moving into higher-income brackets. As earnings rise, spending patterns, savings and investment behaviour are also changing. 

  • 5 simple money lessons from The Intelligent Investor by Benjamin Graham: Market moods, picking stocks and more

    Benjamin Graham’s The Intelligent Investor advises on understanding investments through careful examination. Check out these 5 simple money lessons from the celebrated book.

  • Government clarifies credit card-linked UPI payments exempt from 0.4% fee

    The clarification comes ahead of the revised UPI fee structure, which is scheduled to take effect from October 15. Under the new framework, a 0.4% MDR will be applicable to certain direct account-to-merchant-account UPI payments above ₹2,000, with the fee capped at ₹300 per transaction

  • Same mutual fund category, different capital gains tax? How a scheme's portfolio can change your tax bill

    Mutual fund investors cannot always rely on a scheme’s category to determine capital gains tax. The actual portfolio allocation and tax classification can change the holding-period threshold and tax rate. Here’s what investors should check before redeeming.

  • NPS Vatsalya: Rules for withdrawal and exit from scheme, explained

    National pension scheme: The NPS Vatsalya Scheme allows children below 18 years to partially withdraw funds from their accounts under certain circumstances. We take a look at the process and how it works…

  • Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    Large & mid-cap funds offer investors a single-fund route to large and mid-cap stocks. But how do their returns compare with pure large-cap and mid-cap funds, and what does their portfolio allocation reveal about the differences?

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