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Quick commerce companies quizzed by government over FDI, operating model

Senior executives from Blinkit, Swiggy Instamart, Zepto, and Bigbasket met with Indian government officials. They discussed warehouse ownership, compliance with FDI norms, and the impact on kirana stores. The officials expressed concerns about delivery safety and competition for small shops.…

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Year Ender: NSDC aims to skill 1 lakh youth in AI, drones and cloud computing by 2025-end

The Skill India Digital Hub (SIDH) set up by the National Skill Development Corporation (NSDC) has emerged as an integral centre for courses in AI, drone technology, data science, and cloud computing with a mission to take the number of…

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Economic revival or mirage? RBI Governor Malhotra makes growth predictions for first time

India’s economic growth is expected to revive in 2025, as noted by RBI Governor Sanjay Malhotra. Strong consumer and business confidence, higher investment, and easing inflation are anticipated to drive this growth. Public investment will also pick up pace, potentially…

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Streamline taxation, bolster manufacturing in Union Budget: PHDCCI

This increased demand encourages business expansion, driving economic growth. Additionally, the reduction in tax burdens can help mitigate inflationary pressures too, Jain said during the industry interaction with Finance Minister Nirmala Sitharaman here.

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Gujarat tax notice prompts Bajaj Electricals to pay ₹284

Bajaj Electricals chooses not to contest the tax demand and penalty issued by the Gujarat Government on August 2, 2024, for ₹218. The decision follows certain suppliers’ failure to pay corresponding taxes. The company opts to settle the demand and…

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Electric scooter maker Ather Energy receives Sebi nod for IPO

With this, the Hero MotoCorp-backed company will become the second EV maker in India to go public, after Bhavish Aggarwal-led Ola Electric. The IPO includes a fresh issue of equity shares worth up to INR 3,100 crore and an OFS…

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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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