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Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendors

Public sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and transition to larger Mudra loans. This initiative bridges a gap in micro-credit, enabling vendors to scale their…

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India targets $100 billion textile exports by 2030, focus on sustainability, FTAs

India is aiming to become a global textile powerhouse, targeting $100 billion in exports by 2030. The strategy emphasizes sustainability, including recycling and environmental compliance, alongside leveraging free trade agreements. Key initiatives involve digital product passports, supporting MSMEs, and enhancing…

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Syrma SGS eyes 5x growth in five years, targets $2 billion revenue: CFO Bijay Agrawal

Syrma SGS Technology aims for a five-fold revenue increase to over $2 billion in five years, driven by backward integration into PCB manufacturing with a Rs 1,700 crore investment and expansion into defence and healthcare. The company, already seeing strong…

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No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv Puri

ITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted strong Indian economic fundamentals despite global uncertainties, with inflation and El Niño as key concerns. Puri emphasized sustained margin…

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Equitas SFB reappoints MD & CEO Vasudevan P N, appoints CFO, interim CRO

Equitas Small Finance Bank on Wednesday announced the re-appointment of its Managing Director and Chief Executive Officer, Vasudevan P N, for another three-year term beginning July 23, 2026. The bank also announced key leadership changes, appointing a new Chief Financial…

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Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbook

Silicon Valley’s AI talent war saw tech giants acquire engineers. However, Meta’s Mark Zuckerberg broke the mold by investing $900 million in Indian fintech startup Cred and bringing its founder, Kunal Shah, into WhatsApp’s C-suite. Shah, a non-engineer with deep…

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  • No ITR filed despite ₹30 lakh salary: Delhi ITAT explains why ₹3.74 lakh penalty was deleted

    A salaried taxpayer earning over ₹30 lakh did not file his ITR and was later fined ₹3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.

  • CGHS medical reimbursement rules clarified: Know ₹3,000 test limit, referral rules for employees and pensioners

    CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to ₹3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.

  • Three habits young professionals can’t afford to skip

    Three habits—from reading beyond your field to questioning your assumptions—that can help young professionals stay ahead.

  • Freelancers earning income from US IT companies: Key FAQs answered on tax calculation, TDS, GST and ITR filing

    Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules. 

  • Husband deposits his income in wife's bank account: Is she liable to pay tax? Here's what ITAT ruling says

    A ₹71.56 lakh cash deposit in a wife’s bank account came under the tax department’s scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income. 

  • Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?

    At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.

  • Foreign asset disclosure scheme 2026: How to calculate market value of different overseas holdings — check rules

    The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets. 

  • 8th pay commission: What's on the agenda for upcoming states visits and meetings? Check top updates

    8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.

  • Fact Check: Did PM Modi announce free 1-tola gold scheme on Independence Day? Here's what the PIB unit says

    A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.

  • DA hike: BMS stages protest at Jantar Mantar to push demands — Minimum pension, OPS, labour codes on charter

    The Bharatiya Mazdoor Sangh protested in Delhi today, urging the government to address long-standing demands for employees, pensioners, and unorganised workers, including a minimum wage of ₹30,000 and job security for contract workers.

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