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India’s IT ecosystem employs over 6 million people: Govt

​Global rankings such as Stanford AI rankings place India among the top countries in AI skills, capabilities, and policies to use AI. India is also the second-largest contributor to GitHub AI projects, showcasing its vibrant developer community, Minister of State…

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Nestle India Jun qtr profit slips 13.4 pc to Rs 646 cr; sales rise 5.8 pc to Rs 5,073 cr

Nestle India faced a profit dip in the June 2025 quarter. The company’s consolidated net profit declined by 13.4 percent, reaching Rs 646.59 crore. High commodity prices impacted the earnings. However, revenue from sales saw an increase of 5.86 percent,…

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Google, Microsoft to halt hiring in India? Trump urges US tech giants to prioritise American workers

President Trump challenged tech companies to prioritize American workers over outsourcing, particularly targeting firms like Google and Microsoft. He signed executive orders to boost domestic AI development, aiming to reduce reliance on foreign expertise and ensure AI serves national interests.…

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Manufacturing drives India’s flash PMI to 60.7 in July, private sector shows robust growth

India’s private sector showed robust growth in July, fuelled by strong manufacturing and global demand, the HSBC Flash India Composite Purchasing Managers’ Index (PMI) showed on Thursday.

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Executive Centre India files draft papers with Sebi to raise Rs 2,600-cr via IPO

Executive Centre India has filed preliminary papers with Sebi to raise Rs 2,600 crore through an IPO, consisting entirely of a fresh issue of equity shares. The funds will be used for investments in subsidiaries and part-payment for acquiring step-down…

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India to get cheaper British cars, medical devices; UK fin services cos to get equal footing in FTA

India and the UK are set to sign a Free Trade Agreement. This deal aims to increase trade by billions. British products will become more accessible to Indian consumers. The agreement covers various sectors, including clean energy and financial services.…

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  • I-T Department extends deadline for e-filed tax returns erroneously rejected by CPC

    The Central Board of Direct Taxes (CBDT) declared on Monday, 28 July 2025, that it is relaxing the time limit for income tax returns (ITRs) that were erroneously rejected by CPC. After the returns are processed, the department will issue the refund with interest if applicable in certain cases. 

  • India logs 65K crore digital payments worth ₹12K trillion in 6 years, says govt

    India saw over 65,000 crore digital payments worth ₹12,000 trillion from FY20 to FY25, the government said. Fueled by UPI and targeted policy effort, this digital adoption soared beyond the metros, boosting financial inclusion and bringing millions of vendors and rural users into the formal economy.

  • FD interest rates: These 6 banks offer highest interest on their fixed deposits

    After RBI cut the repo rate by a total of 100 basis points in three consecutive policy meetings, most banks followed suit and cut their interest rates

  • Income Tax: What precautions should you take while filing your ITR?

    ITR 2025: These are some of the precautions you should take while filing your income tax return.

  • 6 best co-branded credit cards compared: What you get for travel, dining, and more

    Co-branded credit cards offer various benefits like discounts and cashback. Key cards include Standard Chartered EaseMyTrip, Yatra SBI, and Amazon Pay ICICI, each with unique rewards.

  • Will an NRI minor's foreign bank interest income get clubbed?

    If a parent gifts money to a minor child, any income generated from investing those gifted funds must be clubbed with the parent’s income under Indian income tax laws.

  • Personal loan volume spikes, year-on-year growth drops in FY 2025: Report

    The report lists out latest trends relating to borrowing trends of Indian consumers. The report highlights that personal loan POS grew from ₹10.7 lakh crore to ₹14.6 lakh crore over two years but year-on-year growth fell sharply from 25.2 percent in FY2024 to 9.1 percent in FY2025.

  • 5 key things to know before taking a personal loan for debt consolidation

    A personal loan for debt consolidation can simplify repayments, reduce interest costs and improve financial control when used smartly, especially in managing high-interest debts across the country.

  • ₹200 crore to retire? How social media is making us all deluded about money.

    It's important to step out and talk to regular people – your security guard, the person who sells you coconut water, or your auto driver – to realise basic common sense is worth much more than ₹200 crore.

  • Freelancing for foreign clients? Know your tax rules

    Income from foreign clients must be declared in Schedules FA and FSI in your ITR. Avoid penalties under the Black Money Act by understanding how to report and claim relief correctly.

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