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Procter & Gamble Health appoints Shashank Srowthy as CFO

Procter & Gamble Health will have Shashank Srowthy as its new Chief Financial Officer. The appointment is effective from October 1, 2025. Lokesh Chandak resigned from the position. He will take on a new role within P&G. Srowthy has 14…

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Gold crosses ₹1.1 lakh, jewellers expect impact on demand

Gold prices in India have soared to a record ₹1.10 lakh per 10 grams, prompting caution among jewellers ahead of the peak festive season. Experts anticipate a surge in old gold exchange, potentially reaching 45% of sales, as consumers adapt…

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Trump renews calls for ending quarterly reports for companies

Donald Trump proposes that U.S. companies should report earnings every six months instead of quarterly, aiming to cut costs and reduce short-sightedness. This shift would align the U.S. with U.K. and EU standards, though SEC approval is needed.

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No ITC benefit towards GST paid on commission on individual health, life policies from Sep 22

Changes in Goods and Services Tax will soon affect insurance policies. Starting September 22, insurance companies cannot claim input tax credit on commissions for individual health and life policies. Central Board of Indirect Taxes and Customs clarified this after the…

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Domestic tyre industry revenue likely to grow 12-fold by 2047: Report

The Indian tyre industry is poised for substantial growth, projecting a twelvefold revenue increase to Rs 13 lakh crore by 2047. This surge is fueled by premiumisation, rising exports, and a robust domestic OEM sector. The industry anticipates a fourfold…

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Centre tells states to push reforms for reducing debt burden of power utilities

Union Power Minister Manohar Lal on Tuesday urged the state governments to implement reforms required to reduce the debt burden of distribution utilities to improve their efficiency so that they can provide quality and reliable power supply to consumers.

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  • 1 Finance gets in-principle SEBI approval for MF Lite: Will investors get more choice in index funds and ETFs?

    1 Finance has received in-principle SEBI approval for an MF Lite licence and plans to launch passive mutual funds in Q4 FY27. SEBI’s framework eases regulatory requirements for eligible passive fund houses, potentially encouraging competition and expanding investor choice in index funds and ETFs.

  • Home loan borrowers: Pay higher EMI every month or extend your loan tenure? How to choose after a rate hike

    A rise in home loan rates forces borrowers to choose between higher EMIs and longer repayment tenures. A ₹50 lakh loan example shows how a 25-basis-point increase affects monthly payments and total interest, and what borrowers should consider before deciding.

  • Gold and silver investments: Should you buy physical gold, ETFs or mutual funds? Liquidity, costs and risks compared

    Investors can choose from physical gold and silver, digital gold, ETFs, mutual funds, Sovereign Gold Bonds and Electronic Gold Receipts. Each option differs in costs, liquidity, regulation, taxation and storage needs, making it important to compare the risks before investing.

  • Bitcoin investor faces ₹88.55 lakh tax addition despite ₹3.34 lakh loss; how an ITAT ruling helped the investor

    A Bitcoin investor who reported a ₹3.34 lakh loss faced an ₹88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.

  • Google Review scam: Over 20 people reportedly lose ₹1 crore in a month; 5 warning signs to watch out for

    More than 20 people in Visakhapatnam reportedly lost ₹1 crore in a month to a Google Review job scam. Fraudsters used small initial payouts to build trust before demanding larger deposits, leaving victims unable to withdraw their money.

  • 8th Pay Commission fitment factor: Higher basic pay or more allowances—what is better for govt employees?

    Fitment factor demands range from 3.2 to 4 or higher as central government employees await a revised salary structure.

  • PFRDA launches NPS Central: How simplified pension portal works, who can use, how to log in | Top features explained

    PFRDA has launched NPS Central, a digital platform where subscribers can enrol, manage accounts, review investments and make contributions. Details here.

  • Home loan prepayment vs SIP: Which is a better option and saves you more money? Here's the maths

    With home loan EMIs spread over a 20-25-year tenure, even small payments in the initial years can significantly reduce overall interest outgoings over time.

  • NRI tax return: can you correct a wrongly claimed capital gains exemption in your ITR?

    An NRI living in the UAE mistakenly claimed treaty relief on gains from Indian shares and mutual funds. While the revised-return deadline has passed, an updated return may offer a way to correct the error.

  • PM-VBRY: Financial literacy course must for new EPFO members to get ₹15,000 incentive—eligibility, how to claim it

    First-time workers must complete six and 12 months of continuous service to receive two instalments under the government scheme.

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