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JSW Realty eyes Rs 1,600 crore Tata Capital loan for Mumbai office project

JSW Realty is nearing a significant deal to secure a Rs 1,600 crore loan from Tata Capital. This funding is earmarked for a new office development near Mumbai’s Bandra business district. The five-year loan is expected to carry an interest…

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Sebi Plans Buyback Via SEs Again, Easier MF Borrowing Rules

merchant banker role may be cut

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Maserati appoints Navnit Group as dealer partner for Western, Central India

Maserati is expanding its reach in India. The luxury carmaker has partnered with Navnit Group for Western and Central India. This move strengthens Maserati’s presence following recent dealer appointments in Delhi and Bengaluru. A new facility is planned for Mumbai.…

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Beyond Vedanta: The other Anil Agarwal stock that just exploded 500% on AI boom

Sterlite Technologies stock has surged 500% as artificial intelligence drives demand for optical fibre cables. India’s data centre industry is expanding rapidly, creating significant opportunities. Global hyperscalers are investing heavily in AI-focused data centres. Sterlite’s strategic bet on AI connectivity…

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Japan company to set up rare earths magnet unit in Andhra Pradesh

Japan’s Proterial is investing ₹2,250 crore to establish a rare earth magnet plant in Andhra Pradesh. This facility will produce vital components for electric vehicles and wind turbines. The plant aims to strengthen India’s local rare earth value chain. It…

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RBI tightens licensing rules for payment systems; introduces perpetual authorisation

The framework formalises on-tap licensing, meaning entities can apply for authorisation at any time, while also streamlining capital, governance and compliance requirements.

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  • No ITR filed despite ₹30 lakh salary: Delhi ITAT explains why ₹3.74 lakh penalty was deleted

    A salaried taxpayer earning over ₹30 lakh did not file his ITR and was later fined ₹3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.

  • CGHS medical reimbursement rules clarified: Know ₹3,000 test limit, referral rules for employees and pensioners

    CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to ₹3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.

  • Three habits young professionals can’t afford to skip

    Three habits—from reading beyond your field to questioning your assumptions—that can help young professionals stay ahead.

  • Freelancers earning income from US IT companies: Key FAQs answered on tax calculation, TDS, GST and ITR filing

    Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules. 

  • Husband deposits his income in wife's bank account: Is she liable to pay tax? Here's what ITAT ruling says

    A ₹71.56 lakh cash deposit in a wife’s bank account came under the tax department’s scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income. 

  • Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?

    At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.

  • Foreign asset disclosure scheme 2026: How to calculate market value of different overseas holdings — check rules

    The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets. 

  • 8th pay commission: What's on the agenda for upcoming states visits and meetings? Check top updates

    8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.

  • Fact Check: Did PM Modi announce free 1-tola gold scheme on Independence Day? Here's what the PIB unit says

    A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.

  • DA hike: BMS stages protest at Jantar Mantar to push demands — Minimum pension, OPS, labour codes on charter

    The Bharatiya Mazdoor Sangh protested in Delhi today, urging the government to address long-standing demands for employees, pensioners, and unorganised workers, including a minimum wage of ₹30,000 and job security for contract workers.

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