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Microsoft announces job cuts, plans to axe 1% of underperforming workforce in 2025: Report

Microsoft has announced new performance-based layoffs affecting less than 1% of its global workforce of 228,000 employees. The company’s focus on “high-performance talent” drives these actions, which span multiple departments, including its security division. While layoffs reflect ongoing tech industry…

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CEO factory: SBI keeps feeding top leaders to lenders

Amitava Chatterjee is the new CEO of J&K Bank. He joins other SBI veterans now leading various banks in India. This trend showcases the trust and confidence in SBI’s managerial talent. RBI often selects SBI officials to stabilize operations at…

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HSBC downgrades India to ‘Neutral’. Cites softening profits, high valuations

HSBC has downgraded its rating on India to ‘Neutral’ from ‘overweight’, forecasting a Sensex target of Rs 85,990 for 2025. They reduced FY25 earnings growth for Nifty 50 from 15% to 5%, citing unsustainable profit growth and elevated valuations. This…

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Noel Tata’s daughters appointed to Ratan Tata Institute’s board

Maya and Leah Tata, daughters of Noel Tata, have joined the Sir Ratan Tata Industrial Institute board of trustees. They replace Arnaz Kotwal and Freddy Talati. This induction is to ensure local involvement in the institute’s revamping. Maya and Leah…

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Indian companies sought $2.8 billion in ECBs in Nov: RBI Data

Four borrowers, Reliance Industries, Bajaj Finance, InterGlobe Aviation and REC registered to borrow $1.4 billion from the approval route with Reliance alone seeking to borrow $1 billion.

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DPIIT joins hands with JK Cement to help startups

It said the partnership will enable access to cutting-edge infrastructure, manufacturing and R&D facilities, mentorship opportunities, pilot projects and university resources under JK Cement.

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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.