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Consumer brands’ funding ride keeps deal street busy

Venture funds are sitting on ample dry powder and will accelerate deal-making in early-stage startups. Funds like Accel, 3One4 Capital, Peak XV Partner, Lightspeed Venture Partners and others are on the hunt for new deals across sectors and themes.

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NCLT Mumbai’s outsourcing staff goes on strike over delay in salary

The Mumbai bench of the National Company Law Tribunal’s outsourcing and contractual staff went on strike due to non-payment of December 2024 salaries and delays in payments over the past six months. They demand salary release and a revision in…

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GenAI adoption projected to transform nearly 3.8 crore jobs in India by 2030

The Generative AI (GenAI) adoption is projected to transform at least 38 million (3.8 crore) jobs in India by 2030, driving a 2.61 per cent productivity boost to the economy through gains in the organised sector and additional 2.82 per…

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Hindustan Zinc faces ₹92.5 cr penalty over input tax credit dispute

Hindustan Zinc Limited faces a penalty and tax demand for FY 2018-19 and FY 2019-20. The company plans to appeal the order before the Appellate Authority. Hindustan Zinc received the order on January 13, 2025. The issue involves a dispute…

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Global inflation will remain high for years, economists tell Ifo

Global inflation is anticipated to stay elevated until at least 2028, with an average rate of 3.5% in three years according to a survey by the German Ifo Institute and Swiss Economic Policy Institute. Inflation rates are expected to exceed…

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RBI to judiciously handle FX reserves amid headwinds, sources say

Rupee fall: India’s central bank plans to use foreign exchange reserves judiciously to handle currency market volatility amid global challenges. While the RBI will intervene to manage volatility, it will not massively protect specific levels, especially with a declining rupee…

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EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.
Property registry alone doesn't prove ownership: Here's what else homebuyers need to do
Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 
Trump's accounts sold Micron, bought Nvidia: Expert warns, ‘Don't mistake it for a strategy’
Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.
Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?
Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 
EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims
EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.
Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios
Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 
How can families preserve art, jewellery and heirlooms for future generations?
A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.
Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance
Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.
SIP returns disappointing? Here's when to stay invested and when to switch funds
Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.
NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India
Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.