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The hidden Rs 9,000 crore business behind India’s water purifier boom

India’s water purifier market is evolving beyond just selling machines. Companies are now focusing on the lucrative service sector, including filter replacements and maintenance. Eureka Forbes is a key player, expanding its technician network to tap into this growing market.…

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India Inc clocks $11 billion deal activity in May: Report

Deal activity in India cooled in May 2026 from an exceptionally strong April, with 196 transactions worth $11 billion, a report said on Monday.

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Zepto files updated papers for Rs 9,500 crore IPO; aims July listing

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to…

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Indian CFOs remain Asia-Pacific's most optimistic despite Middle East conflict

Indian chief financial officers remain the most optimistic in Asia Pacific about their businesses and the domestic economy despite escalating geopolitical tensions in the Middle East, although most expect the conflict to negatively affect economic activity and corporate performance, according…

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SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives cheque

The State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026. This follows SBI’s reported 6% year-on-year rise in net profit for the January-March quarter of…

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CAM, TT&A guide Hygenco’s $105 mn raise to scale green hydrogen capacity in India

Hygenco has secured a significant USD 105 million in fresh equity. The investment comes from a consortium including the International Finance Corporation, Siemens Financial Services, and Fullerton Carbon Action Fund. This capital will boost Hygenco’s green hydrogen production capabilities. The…

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News

  • EPFO mandates PF, pension claim settlement within 20 days — What to do if it's delayed?

    EPFO employees will experience faster settlements for provident fund, pension, and insurance claims, with a 20-day processing rule. Delays incur a 12% penal interest. Here's how employees can submit their complaints. 

  • EPF interest credit delayed? What it means for your savings

    EPFO members have begun receiving the annual interest of 8.25% for FY2025-26 in their provident fund accounts, starting July 15. Interest is credited annually, and updates may take time to display, but any delays do not affect the amount earned.

  • Gifting money to your spouse? Here's when tax applies and who pays it

    Transferring money to a low-income spouse to reduce tax liability can backfire, as income may be taxed in your hands under clubbing provisions if invested. Details here.

  • EPF withdrawal tax rules explained: When your corpus is tax-free, when it is taxable and how TDS works

    EPF withdrawals are tax-free if an employee completes five years of continuous service. Withdrawals before five years may be taxable, except in certain cases such as ill health or employer closure. TDS rules depend on the withdrawal amount. 

  • REITs vs REIT mutual funds vs physical property: A complete guide to capital gains tax, TDS and post-tax returns

    The same real estate exposure can result in different post-tax returns. REIT mutual funds and listed REITs offer a shorter holding period for long-term capital gains than direct property, while differences in income taxation and TDS can further impact investor returns.

  • ITR filing deadline nears: Why the 31 July deadline is more important than you think

    Missing the ITR due date can have consequences beyond a late filing fee. Delayed filing may lead to interest on unpaid taxes and the loss of key tax benefits, such as carrying forward capital losses. Knowing the applicable deadline can help taxpayers avoid unnecessary costs.

  • No international mutual funds left for fresh SIPs after Baroda BNP Paribas Aqua FoF closure: What investors can do now?

    Indian investors no longer have any international mutual fund open for fresh SIPs after Baroda BNP Paribas Aqua FoF stopped accepting new investments. With overseas investment limits restricting fund houses, investors are left with alternatives like international ETFs or direct overseas investing. 

  • Income Tax e-filing login FAQs: Answers to common questions on PAN, Aadhaar, OTP, passwords and more

    Taxpayers can log in to the Income Tax e-filing portal through multiple methods, even without their registered mobile number. While Aadhaar linking is not mandatory for login, it enables full access to portal services. Accounts are locked after five failed login attempts as a security measure.

  • Should you break an FD or take a loan against it when you urgently need money? Experts explain

    Need urgent cash? Check whether breaking a fixed deposit or taking a loan against an FD is the better option. Compare costs, penalties, interest rates and repayment factors to make a smarter financial decision while protecting your long-term savings.

  • Social security: Want to register on e-Shram portal? Here's how unorganised workers can sign-up, top FAQs answered

    Social security: Over 31.78 crore unorganised workers are registered on e-Shram porta till July 2026. Today, we take a look at how you can apply, the eligibility criteria and most frequently asked questions…

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