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UltraTech Cement to buy 8.69% stake in Star Cement for Rs 851 crore

UltraTech Cement has approved acquiring around 8.69% stake in Star Cement for up to Rs 851 crore. UltraTech’s board agreed to purchase up to 3.70 crore shares at ₹235 per share plus additional charges. Previous rumors about Ambuja Cement acquiring…

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Can’t spell iPhone without India: Country set to become tech giant’s third-biggest market by 2026

India is set to become Apple’s third-largest market by 2026, with significant growth in iPhone sales driven by easier financing, festival discounts, and a move towards premium products. Apple’s Indian market is expanding while its share in China is shrinking…

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Dr Manmohan Singh: The gentleman economist who shaped Modern India

Dr. Manmohan Singh once famously remarked that history would be kinder to him than the contemporary media, in response to the sharp criticism he faced during his tenure. Now, as the former Prime Minister and, more significantly, the architect of…

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Wrap 2024: Key GST measures, from amnesty to e-invoicing, aimed at ease of doing biz, transparency

In 2024, India’s GST framework saw measures like the Amnesty Scheme, e-invoicing mandates, biometric authentication, and GSTAT operationalisation, streamlining compliance, reducing disputes, and enhancing technology.

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PM Modi condoles demise of Dr. Manmohan Singh

Prime Minister Narendra Modi on Thursday expressed grief over the death of former PM Manmohan Singh, who passed away here in the AIIMS at the age of 92.

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Dr Singh presented milestone budget of 1991 which liberalised Indian economy: FM Sitharaman

Top political leaders and business tycoons on Thursday mourned the demise of former prime minister Dr Manmohan Singh, saying that his leadership, humility, and dedication will always be remembered.

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News

  • 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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