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Cabinet likely to give nod to Rs 7,000 cr rare earths scheme: Report

The Union Cabinet is poised to approve a Rs 7,000 crore incentive scheme for rare earth permanent magnets, aiming to secure critical materials for EVs, renewables, and defense. This move comes as China, a dominant supplier, tightens export controls, prompting…

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Drishti Group names former Aakash CFO Vipan Joshi as finance chief

Drishti Group has appointed Vipan Joshi as its new Chief Financial Officer. Joshi brings over 23 years of financial experience. His role will focus on financial strategy, risk management, and capital planning. This move aligns with the education sector’s trend…

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Rs 4 lakh crore rally! Sensex soars 950 pts, Nifty above 26,150; 7 factors driving D-St to near record high

Indian stock markets, Nifty and Sensex, surged on Wednesday, breaking a three-day losing streak. Hopes of a US Fed rate cut, easing FII outflows, declining crude oil prices, and a broad-based rally in global and domestic equities fueled the market’s…

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India’s stock market facade: 576 stocks down over 30% as Sensex, Nifty near record high

Indian stock market presents a dual reality. While Sensex and Nifty approach record highs, a significant number of BSE-listed stocks have seen sharp declines. Over 576 stocks are down by at least 30% from their peaks. This divergence is attributed…

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CFOs test AI in pilots but say tools not yet ready for Indian tax complexity

Finance leaders say AI may be transforming back offices, but when it comes to India’s complex tax rules, the technology still isn’t reliable enough to operate without human oversight.

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Telcos plan ₹3-lakh crore capex to get future-ready

Indian telecom companies are set to invest ₹2.5 to 3 lakh crore in the next three to five years. This spending will focus on making networks denser, expanding fiber optic connections, and using AI for better operations. This marks a…

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  • UPI new rules from Oct 15: What happens to insurance, SIP payments? Will Netflix, phone bills via AutoPay get costlier?

    New UPI rules effective October 15 introduce a 0.4% fee for merchant transactions above ₹2,000. While some costs may rise for consumers, person-to-person transfers remain free. Subscriptions via UPI AutoPay won’t incur additional charges, protecting users from unexpected increases.

  • Should you choose zero copay for your health insurance? Why? Why not? Explained

    A zero-copay health insurance policy reduces hospitalisation costs but often comes with higher premiums. It's crucial to compare coverage, premiums and potential expenses before selecting one.

  • ₹3,000 Annapurna Yojana payout on September 17, PM Modi’s birthday: Are you eligible to receive money? Check new rules

    On September 17, Prime Minister Modi's birthday, ₹3,000 will be credited to 1.58 crore eligible women under the Annapurna Yojana. 

  • EPFO wage ceiling raised to ₹25,000: How much could your ₹7L EPF insurance cover increase? Here's how to calculate

    The Union Cabinet raised the EPFO wage ceiling from ₹15,000 to ₹25,000, potentially increasing the life insurance cover under the EDLI scheme from ₹7 lakh to an estimated ₹10.5 lakh. This change could benefit between 50 lakh and 1 crore new EPFO members.

  • Moving funds from NRO to NRE? Crucial tax rules and transfer limits you need to know

    Transferring capital from an NRO account to an NRE account is fully permitted, but it remains strictly regulated by tax and foreign exchange rules.

  • Emergency fund in 2026: Does the textbook recommendation of 3-6 months’ savings still work amid AI concerns, job losses?

    Creating an effective emergency fund involves assessing essential expenses and estimating recovery time based on personal situations. 

  • Inheritance of online businesses in India: What happens to a creator’s digital assets after death?

    Succession planning for account access, earnings, intellectual property and commercial agreements is essential.

  • 8th pay commission: Last date to apply for Bengaluru meeting on 18 September — Here's how to submit online

    The 8th Central Pay Commission will visit Bengaluru on October 7-8, meeting with employee unions and pensioner associations to discuss various demands. Chaired by Justice Ranjana Prakash Desai, it aims to release final recommendations by May 2027.

  • Govt hikes wage ceiling for EPF coverage: We calculate how this could impact your pension payout at retirement

    The EPFO wage ceiling has been raised to ₹25,000, bringing an additional 51 lakh employees under mandatory provident fund cover, and widening social security coverage for workers. Today, we calculate how this can impact your pension payout.

  • Can visiting India bring your overseas salary under the tax net? What NRIs should know

    An NRI in Singapore for 12 years visited India to manage inherited assets after their mother's death. They anticipate a three-month stay and are questioning whether it will make their Singapore salary taxable in India. 

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