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India needs economically viable technology for infra projects: Nitin Gadkari

“The issue of importing machinery from China is very difficult. Need different types of machinery. Reducing the cost is the need of the world,” the minister stated.

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59% of Indian companies report financial fraud; procurement fraud tops concerns: PwC Survey

A staggering 59 per cent of Indian companies experienced financial or economic fraud in the past 24 months, according to PwC’s ‘Global Economic Crime Survey 2024 – India Outlook.

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Formal job creation up 3% under ESIC at 1.78 million in October: Payroll data

India added 1.78 million formal jobs under ESIC in October 2024. This shows a 3 per cent rise from October 2023. However, it is a 13.2 per cent dip from September 2024. Nearly half of the new jobs went to…

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Net direct tax collection grows 16.45% to Rs 15.82 lk cr so far this fiscal: CBDT

CBDT has reported a remarkable 20.32% growth in gross direct tax collections for the current fiscal year, soaring from Rs 15.96 lakh crore to Rs 19.21 lakh crore. Additionally, refunds issued during this period saw a substantial increase of 42.49%,…

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Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034: Report

The Tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday.

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Government appoints Rama Mohan Rao Amara as SBI Managing Director: Report

The State Bank of India (SBI) announced on Wednesday that the Government of India has appointed Rama Mohan Rao Amara as the new Managing Director of the bank. This appointment was reported by Reuters, citing sources.

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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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