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Wrap 2024: IBC reforms focused on liquidation flexibility, enhanced creditor representation

In its eighth year of operations, the Insolvency and Bankruptcy Code (IBC) of India handled a total of 8,002 cases as of September 2024. The 2024 reforms introduced flexibility in liquidation frameworks, improved creditor representation, harmonised personal guarantor insolvency, strengthened…

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Prospects of economy expected to improve in 2025: RBI Governor

RBI Governor Sanjay Malhotra asserts that India’s economy is set to improve in 2025 due to high consumer and business confidence, despite early growth moderation. Financial sector stability and a resilient global economy, along with easing monetary policy, are expected…

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Industry seeks focus on capex, fiscal consolidation, tax rationalistion in pre-Budget meeting with FM

In the pre-budget meeting with Finance Minister Nirmala Sitharaman on Monday, representatives from various industry bodies put forward a bouquet of suggestions before the government.

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Adani Enterprises to fully exit Adani Wilmar in $2 bn multi-phased deal

Adani Enterprises Ltd will exit its 44 per cent holding in Adani Wilmar Ltd in two phases, selling up to 31.06 per cent to Wilmar International’s subsidiary, Lence Pte Ltd, and approximately 13 per cent to meet public shareholding requirements.…

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India’s manufacturing sector’s contribution to GVA will surge to 21 pc by 2032 from 14 pc now: Report

The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by…

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Indian stock market set to ride on strong economic growth in 2025

The Indian benchmark indices in 2025 are set to ride on strong economic growth and government efforts to boost infrastructure and digital innovation, experts said on Monday.

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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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