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Walmart-backed PhonePe files for India IPO via confidential route

PhonePe, the Indian fintech firm backed by Walmart, has confidentially filed for an initial public offering, aiming to raise approximately 120 billion rupees. The company, a major player in India’s UPI payment system with over 600 million users, has seen…

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H1B fee hike will hit US startups and innovation more, will have minimal impact on India’s IT sector: USISPF Chief

Mukesh Aghi from USISPF suggests that the rise in H1B visa fees could serve to benefit India, as it may lead to a migration of lower-end jobs back to the country. He also responded to Trump’s comments at the UNGA,…

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Gold outperforms equities for the 4th consecutive Diwali cycle

Gold has outperformed Indian equities for the fourth consecutive Diwali-to-Diwali cycle, continuing a trend where the yellow metal has outperformed equities in seven of the last eight years.

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Dream11 eyes advertising revenue with 10 million daily active users after RMG ban

The fantasy sports platform, part of Dream Sports, with over 250 million registered users, moved to a free-to-play model following the ban on real money gaming in India. The move seeks to help brands connect better with Dream11’s largely young…

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GST Rationalisation: Why CFOs Want More Than Just Rate Cuts

While the changes are expected to boost consumption, particularly in the FMCG sector, concerns remain regarding structural issues like multiple registrations and the 180-day supplier payment rule, which continue to hinder efficiency and fairness.

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US tariffs cloud India’s manufacturing ambitions: WEF

India’s manufacturing sector faces challenges due to a 50% US tariff, impacting labor-intensive industries and oil imports from Russia. Growth expectations for South Asia have softened, while the global economy is projected to weaken by 2026 due to trade disruptions…

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Gold, silver prices today, 19 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
What is a ‘boss scam’? 5 ways to protect yourself from CEO fraud
A Chennai firm allegedly lost ₹1.90 crore after a WhatsApp message posing as its managing director, leading to a Delhi arrest. Here’s how the ‘boss scam’ works, the warning signs of CEO impersonation fraud, and five steps to verify payment requests and report cyber fraud on helpline 1930.
8th Pay Commission: What is dearness relief and how is it different from DA? Expert explains
As the 8th Pay Commission meets in Mumbai on 22-23 October, here’s how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by May-June 2027.
Got refund for online shopping after cancelling order but your credit card bill still shows due amount? Should you pay?
Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 5–14 days to appear. Here's what to do if your billing date is near but the refund has not been credited yet.
How should you withdraw money after early retirement? Expert explains the 3-bucket strategy for your FIRE corpus
The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced portfolio for medium-term expenses and equity for long-term growth.
₹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.