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China’s export curbs: Hi-tech machinery supply faces major hit

The government has been made aware of the situation by industry and mitigating measures are being considered. But for the near term, this would mean a setback to the large manufacturing operations that have been set up by companies such…

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AI will push accountants toward a more supervisory role, create new opportunities, say EY experts

How is AI revolutionizing the finance sector by automating routine tasks and reshaping accountants’ roles? Experts Belén Villasante and Nikhil Sharma from EY say it’s not about replacing accountants, but redefining their roles and empowering CFOs to embrace new strategic…

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Robust manufacturing, MSMEs among 5 key factors to create millions of jobs: PHDCCI

Prioritising the manufacturing sector and strengthening the micro, small and medium enterprises (MSMEs), among others, can not only ensure sustained economic development but also generate millions of employment opportunities, the PHD Chamber of Commerce and Industry (PHDCCI) said on Monday.

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L&T managerial pay jump 20%, while employees get 1.74% raise in FY24

The average percentage increase in the salaries of employees other than the managerial personnel for the FY 2023-24 was 1.74 percent, whereas there is an increase in the managerial remuneration by 20.38 percent.

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Yulu Bikes eyes growth in non-metro towns with franchise model

The startup, backed by 33 institutional investors including Bajaj Auto, Magna and Rocketship, aims to leverage different vehicle form factors to cater to a broader set of needs. So far, Yulu Bikes has raised over $123 million in equity capital…

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JVC re-enters Indian TV market through licence pact with Super Plastronics

New Delhi-based Super Plastronics Pvt Ltd (SPPL) has entered a brand licence agreement with JVC, marking the Japanese electronics brand’s return to the Indian TV market. JVC’s premium smart QLED televisions will be available on Amazon starting January 14, 2025,…

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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.

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