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Delhi high court quashes show-cause notices issued by NFRA, upholds its constitutional validity

The Delhi High Court’s ruling on the NFRA raises a crucial question: Can regulatory bodies enforce disciplinary actions while maintaining fairness? The court upheld NFRA’s power but quashed flawed notices.

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Market forces decide forex rate: RBI guv

“There is no change in RBI’s approach. It does not look at any price level or band. It is our endeavour to curb excessive volatility. We should not be looking at daily movement or exchange rate,” he said.

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India most expensive market, no amount of handwaving can justify valuation: Aswath Damodaran

India’s equity market is the world’s most expensive, trading at a high 31 times earnings, says valuation expert Aswath Damodaran. Despite strong corporate earnings and policy reforms, such high valuations are unsustainable without robust earnings growth. Damodaran cautions that rising…

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Foreign investors set to return in Indian market to get sound, effective net returns

The foreign investors’ fraternity is all set to take a plunge investing in the Indian stock market to get sound, effective net returns from a long-term perspective, according to experts on Saturday.

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Britannia to raise prices by over 6% by year-end, says Varun Berry

Britannia’s vice-chairman Varun Berry revealed the company’s strategy of cutting prices during a deflationary period but later increasing them due to misreading inflation trends. Input costs surged, particularly with rising import duties on edible oils. Britannia plans selective price hikes…

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Union Bank of India sees lower inflation for FY25 and FY26 than MPC estimates

UBI stated, “MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery to 6.7 per cent in FY26. We see downside risk to 6.4 per cent growth forecast for FY25 as…

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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.

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