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Cube Highways raises Rs 860 cr from IFC via long-term NCDs

The fundraising is part of Cube InvIT’s broader Rs 4,898 crore debt plan to fund its tranche 2 road assets and capital expenditure for select projects.

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FM: RBI’s gold buying not to replace $ for settlements

FM Nirmala Sitharaman clarified in the Lok Sabha that India’s increased gold reserves, including those held by the RBI, are not intended to replace any international currency. While RBI is accumulating gold to maintain a balanced reserve portfolio, this move…

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India’s Hindu mega-festival supercharges economy

The unfathomable scale of the world’s largest religious festival in India overshadows many nations in size — and for the economy, its impact is just as dramatic. They are staggering statistics even for the world’s most populous nation of 1.4…

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India-Israel trade: We are moving towards finalising FTA, says Israel’s Economy Minister Barkat

Barkat emphasises the vast opportunities the India-Israel economic partnership offers in strategic areas, such as agri-tech, renewable energy, and advanced manufacturing.

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TeamLease Degree Apprenticeship reports record 76% Net Apprenticeship Outlook for Jan-Mar 2024-25

At the heart of this record-breaking growth is the rising prominence of sunrise industries, which are spearheading a new era of workforce development.

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MSCI February Rejig: Hyundai India joins Global Standard Index; IndusInd Bank, PB Fintech and others see weight increase

MSCI’s February 2025 index review adds Hyundai Motor India to the MSCI Global Standard Index, while Adani Green Energy is removed. IndusInd Bank and Varun Beverages see significant weight increases. In the MSCI India Smallcap Index, 19 companies like CarTrade…

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8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details
8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.
EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process
The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.
DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements
DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.
ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory
Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.
Pension rules: Orissa HC says government employees can't lose pension over leave alone
The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.
Nasdaq 100 tops 20-year returns at 21%; Nifty Midcap leads Indian markets: Which investment created more wealth?
The Nasdaq 100 emerged as the biggest long-term wealth creator over the last 20 years, with 21.3% returns. Among Indian equity benchmarks, the Nifty Midcap 150 TRI delivered the highest annualised return over the same period at 16.3%.
EPFO centralised database migration: Single portal for claims, digital interface, CITES project — Key features explained
The Employees' Provident Fund Organisation (EPFO) has this month migrated entire member database to the Centralised IT Enabled Services (CITES) project. The overhaul of its digital infrastructure aims to make services faster, transparent and more citizen centric.
Received money, shares or property as a gift? It may be tax-free, but here's when you will have to pay tax
Gifts from family can be tax-exempt, but not always. Tax treatment varies based on the giver, value, and occasion. Here's when a gift is tax-free when it becomes taxable.
Quant Small Cap Fund portfolio: Reliance Industries among 9 stock exits, 5 new additions in June
Quant Small Cap added five new stocks to its portfolio in June while making complete exits from nine companies, including Reliance Industries. The fund also sharply increased holdings in RBL Bank, Sona BLW Precision Forgings and Anand Rathi Wealth while trimming exposure to several existing stocks.
Who is an NRI for income tax purposes? Know the conditions under which ITR filing is required in India
Living abroad does not automatically exempt NRIs from filing an ITR in India. Tax filing depends on residential status, income earned from Indian sources, and other conditions such as salary, rent, capital gains, business income, TDS refunds, and DTAA claims.