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An Nvidia and Tesla link: India set for first AI IPO after Fractal Analytics wins Sebi nod

Fractal Analytics has secured regulatory approval for its IPO, positioning it to become India’s first AI-led listed company. The firm plans to strengthen global operations, expand its AI product pipeline and pursue acquisitions as demand for advanced analytics accelerates worldwide

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Non-banking Financial Companies AUM to grow 18-19% as vehicle finance, home loans stay robust: Crisil

The recent Goods and Services Tax (GST) cuts have given a fillip to unit sales across vehicle categories, particularly cars, and this momentum is likely to continue with a steady growth of 16-17% over this fiscal and the next.

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Generative AI set to transform auto finance and leasing industry: McKinsey

The report finds AI-driven agentic systems can streamline remarketing, pricing, procurement and customer operations across the leasing sector

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S&P pegs India’s FY26 GDP growth at 6.5%; tax cuts, lower interest rates to drive consumption

S&P Global Ratings projects India’s economy to grow 6.5% in FY26 and 6.7% in FY27, driven by consumption boosted by tax cuts and monetary policy easing. Despite US tariffs impacting exports, domestic demand remains robust. Lowered GST and income tax…

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Afghanistan offers 5-year tax exemption to Indian investors in gold mining, new sectors

Afghanistan’s Industry and Commerce Minister Alhaj Nooruddin Azizi is seeking investments by offering five-year tax breaks for new sectors, including gold mining. He highlighted the potential for Indian firms, emphasizing tariff support and land availability. Azizi also urged India to…

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SC to hear plea to end income tax exemption for political parties

The Supreme Court will examine a plea to end tax exemptions for political parties on anonymous cash donations. The court seeks responses from the Centre and Election Commission. The petition argues that allowing donations below Rs 2,000 without disclosure undermines…

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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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