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GST 2.0 comes as booster shot for Andhra’s fisheries, pharma, auto & dairy sectors

The GST rate cuts, that kicked in on September 22 will give a big push to economic growth in Andhra Pradesh across sectors ranging from the fishing harbours of Visakhapatnam to the auto hubs of Anantapur and Chittoor as well…

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Govt puts e-comm platforms on radar for GST rate cut benefit compliance

The government monitors e-commerce platforms for GST rate cut compliance. It ensures consumer benefits are passed on for daily use items. Authorities found pricing discrepancies on some platforms. E-commerce operators mentioned technical glitches. The government maintains close watch on pricing.…

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NBFCs and capital goods to drive market growth amid FII uncertainty: Ashish Gupta, Axis Mutual Fund

Indian equity markets remain range-bound, awaiting sustained earnings upgrades for a breakout, despite FII weakness chasing AI stocks globally. Ashish Gupta of Axis Mutual Fund highlights NBFCs and capital goods as key beneficiaries, driven by anticipated rate cuts and robust…

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India’s factory data to stay muted in September after subdued growth in August: Report

India’s industrial output is projected to remain muted in September after a growth slowdown in August 2025, primarily due to weak manufacturing. A sharp contraction in non-durable consumer goods signals weak consumption, despite support from mining, electricity, and strong infrastructure…

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Prime Focus, PVR Inox shares fall up to 5 pc as US announces tariffs on foreign films

Indian media and entertainment shares, including Prime Focus and PVR Inox, dropped up to 5% after former US President Donald Trump announced a 100% tariff on movies made outside the United States. This move, aimed at reclaiming the “movie-making business,”…

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SaaS platform Petpooja raises $15.4 million funding led by Dharana Capital

Petpooja, a software-as-a-service platform for restaurants, successfully raised $15.4 million (Rs 137 crore) in a funding round led by Dharana Capital. The capital infusion, which included participation from notable founders, will be utilized to enhance its product portfolio, invest in…

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News

  • ₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules

    The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.

  • NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief

    An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.

  • Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains

    Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.

  • FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?

    When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.

  • Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed

    Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.

  • Train ticket insurance from October 27: Is it mandatory, what is the current premium, coverage and claim process?

    The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.

  • Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits

    An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.

  • DA hike before Diwali 2026: How much extra salary could central government employees get if DA rises to 63%?

    Central government employees could get a festive-season salary boost if the Centre approves a DA hike from 60% to 63%. Here’s how much extra monthly salary and July arrears employees could receive across different basic pay levels, and what remains unconfirmed.

  • EPFO scheme offers up to ₹15,000 to first-time employees: Check eligibility, salary limit and payment rules

    Eligible first-time employees can receive up to ₹15,000 under the EPFO-linked PM-VBRY scheme. Check the salary limit, joining dates, EPF membership rules, six- and 12-month service requirements and the financial literacy course needed for the second instalment.

  • Failed UPI, ATM or card payment? Here's when you'll get ₹100 per day for a delayed refund — Key RBI rules explained

    Failed UPI payments, unsuccessful ATM withdrawals and other payment errors can qualify for ₹100 per day in compensation if refunds exceed RBI's prescribed deadlines. Know the T+1 and T+5 rules, how turnaround time is calculated and what to do if your refund is delayed.

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