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India's new GDP series: GST, corporate data drive new methodology

India’s revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update emphasizes the integration of company-level information for a more precise estimation of private corporate sector activities. Furthermore, an innovative methodology leverages…

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Is India Inc rethinking "Recognition"? What does the corporate gifting trend tell us, this Diwali

As India Inc heads into another festive season, the real story isn’t the size of the gift. It’s more about whether it reaches the right person, in the right way, at the right time. That idea shows up in the…

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First-time car buyers make a comeback as lower GST boosts small-vehicle demand

First-time car buyers are returning to India’s market, increasing their sales share significantly. This trend indicates a broadening market base and renewed momentum towards mass motorisation.

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RBI weighs Anup Bagchi for HDFC top job; seeks feedback from Irda, ICICI Bank on his candidature due to 3-year gap from mainstream banking

The Reserve Bank of India is actively seeking opinions on the possible appointment of Anup Bagchi as CEO of HDFC Bank. Currently with ICICI Prudential Life, Bagchi is seen as the leading contender for this key position. The RBI is…

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MeitY Secretary urges Microsoft to locate future data centres closer to power generation hubs

MeitY Secretary S Krishnan urged Microsoft to build data centers near power generation sites. This move would significantly reduce electricity transportation costs and improve infrastructure economics. India’s expanding data center and AI infrastructure can leverage the nation’s robust electricity grid.…

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The Westin Hyderabad Mindspace appoints Aditya Kaul as director of sales and marketing

In his new role at The Westin Hyderabad Mindspace, Kaul will lead the sales and marketing function with a focus on driving sustainable business growth, strengthening the hotel’s market positioning, fostering strategic partnerships and enhancing its overall commercial performance, said…

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SEBI launches portfolio managers route for mutual funds: Here's what the new ₹25 lakh PRIM route means for investors
SEBI has approved a new route allowing portfolio managers to build portfolios using mutual funds, ETFs, index funds and SIFs. With a minimum investment of ₹25 lakh, PRIM could offer investors a professionally managed alternative to investing directly in mutual funds.
Tax audit report filed for AY 2026-27? Check these errors before 30 September and know when revision is allowed
Filed your tax audit report for AY 2026-27? It may still need a closer look before the 30 September deadline. From reporting details to disclosure requirements, here are the key errors taxpayers should check and what experts say about correcting them.
Inherited 1980s shares? How grandfathering rules save you from 2026 LTCG tax bill
Grandfathering rules can determine the cost of inherited listed shares, but indexation is not available.
Domestic travel spending: From medical needs to pilgrimages, MoSPI data reveals which trips cost the most
Indian households spend differently depending on why they travel, with some trips costing significantly more than others. MoSPI’s latest tourism expenditure survey reveals where the biggest expenses are coming from and how spending patterns differ between rural and urban households.
31 of 46 flexi-cap mutual funds delivered positive 1-year returns despite market fall: Check the schemes in red
Flexi-cap mutual funds saw a wide variation in one-year performance even as the Nifty 500 declined. While several schemes delivered positive returns, some slipped into negative territory. Here’s a look at how individual schemes fared against the benchmark.
After Madhya Pradesh, now Maharashtra to observe ‘no UPI day’ on October 2: What should consumers keep in mind?
Traders in Madhya Pradesh observed ‘No UPI Day’ on Wednesday. They were seeking an immediate withdrawal of the imposed MDR fees on UPI transactions.
How to refuse money requests from family and friends without destroying relationships
Lending money to friends and family without clear terms often leads to unreturned funds, damaged relationships, and personal stress. Learning to say no through clear boundaries, delaying responses, and offering alternative solutions can protect both your finances and personal bonds.
Can you make payments without internet connectivity? RBI’s offline e-rupee initiative explained
RBI is exploring offline e-rupee transactions using Bluetooth and NFC, allowing digital payments without internet connectivity. Details here. 
Planning a joint home loan with your spouse? Know how it affects eligibility, tax benefits, EMI and repayment
A joint home loan can help spouses increase their borrowing eligibility by combining their incomes, while also allowing them to share EMI payments. But higher eligibility does not mean couples should borrow the maximum, as both borrowers share the repayment responsibility.
UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes
NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.