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Vi clearing dues may result in big dividend from Indus Towers

Indus Towers is poised to announce dividends, potentially exceeding ₹6,000 crore, as Vodafone Idea (Vi) is expected to clear its remaining dues of ₹500 crore. This development, coupled with Vi’s anticipated debt raise, positions Indus as a primary beneficiary of…

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China warns against side deals with US, vows retaliation if interests are compromised

China has issued a strong response to reports that the United States may pressure other nations into restricting trade with Beijing in return for tariff relief. The Chinese Commerce Ministry said it welcomes equal-footing talks but opposes any agreements that…

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Tesla wants India to chip in with integral parts supply

Electric vehicle giant Tesla is in talks with US chipmaker Micron and Indian firm CG Semi to source semiconductor components. This follows a strategic deal with Tata Electronics to procure chips for its global operations.

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Financial markets must play crucial role to fulfil India’s aspirations: RBI Governor

India’s financial markets must play a crucial role if the country is to successfully navigate global challenges and achieve its long-term aspirations, said Reserve Bank of India (RBI) Governor Sanjay Malhotra.

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BluSmart allegations will erode investor trust, warns former BSE chairman S Ravi

Former BSE chairman S Ravi warned that mishaps like Gensol could shake the confidence of investors in the new ventures and tarnish the credibility of even the well-established startups. Going forward, he suggested that startups and the promotors should communicate…

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FHRAI flags unilateral commission policy changes by Agoda; GST compliance

The Federation of Hotel & Restaurant Associations of India has called upon Agoda to immediately roll back the recent changes to its commission structure, revert to the original tax-excluded model as per existing contracts, and comply with Indian tax laws.

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News

  • EPFO: Taxation rule on Voluntary Provident Fund — the ₹2.5 lakh VPF threshold, explained

    VPF allows employees to contribute more than the mandatory EPF rate for a larger retirement corpus. Contributions over ₹2.5 lakh face taxation on excess interest. VPF matches EPF's interest rate and qualifies for tax deductions under Section 80C, with specific withdrawal conditions.

  • ₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here's what ITAT ruled

    A Delhi taxpayer was denied a ₹17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.

  • Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases

    The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms — curb corruption and overcharging at these stores. Here's all we know…

  • HDFC Bank revises MCLR across tenures: Check latest lending rates and what they mean for your loan EMI

    HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

  • 8th pay commission: HRA revision, minimum monthly transport allowance, salary increase — Check top demands by AINPSEF

    8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.

  • Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy

    Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of ₹15,798 crore and has delivered an 18.77% return over the last three years.

  • DA hike: Kerala mulls 2% increase in Dearness Allowance by August for extra salary during Onam festivities

    DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.

  • Form 68 explained: Who should file the new exempt income statement, how it works, can it be revised — all FAQs answered

    The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.

  • What is the active share of a mutual fund

    Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.

  • Is a ₹35,000 monthly pension enough in Lucknow? Expert breaks down housing, healthcare, food and daily costs

    Stretching a ₹35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.

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