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India’s core sector grows at 6.1 per cent in July

India’s core sector output grew by 6.1 per cent in July, down from 8.5 per cent a year ago. Growth was seen in steel, electricity, coal, refinery products, cement, and fertilizers. However, crude oil and natural gas production declined. The…

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India’s fiscal deficit at 17.2% of FY25 target as of July

India’s fiscal deficit in the first four months of FY25 reached 17.2% of the annual target, a decrease from 33.9% a year earlier. The government recorded net tax receipts of 7.15 trillion rupees and expenditure of 13 trillion rupees, while…

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India’s GDP growth drops to 15-month low of 6.7% in Q1FY25 amid sectoral shifts and strong secondary sector performance

India’s GDP growth slipped to a 15-month low of 6.7 per cent in the April-June quarter, with sector-specific slowdowns and robust secondary sector performance highlighting key economic shifts.

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The essential role of Audit Committees in promoting governance in startups

As the Indian startup ecosystem expands, strong corporate governance becomes crucial. Sandip Khetan and Sagar Lakhani of Uniqus Consultech explore how audit committees can enhance governance and drive sustainable growth.

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India’s e-commerce export hubs expected to create 2.75 lakh jobs

TeamLease Degree Apprenticeship, the largest degree apprenticeship provider collaborating with 22 universities nationwide, reports that India’s plan to develop 50 e-commerce export hubs is projected to create up to 2.75 lakh jobs.

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Aditya Birla Sun Life AMC appoints Pradeep Sharma as new CFO, effective October 31

Aditya Birla Sun Life AMC has appointed Pradeep Sharma as its new Chief Financial Officer, effective October 31, 2024. Sharma brings over 30 years of finance experience to the role.

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Base plan isn’t enough: How top-up insurance protects you from medical catastrophe
A super top-up can multiply your cover 25 times at a fraction of the cost—if you understand deductibles, claims, and coordination with your base policy.
How to regain control when you’re caught in a credit card debt trap
Credit card issuance has doubled in five years and dues have surged. Are more Indians slipping into a debt trap—and how can borrowers break free before it spirals?
8th Pay Commission salary calculator scam alert: What it is and dos and don’ts to avoid getting duped
Any news about salary hike and implementation of the 8th Pay Commission naturally grabs the attention of government employees and pensioners, and this is why it is important to check for red flags before you trust anyone.
Claiming HRA on rent paid to parents and relatives will be harder from 1 April
New disclosure mandates and stricter documentation will require taxpayers to prove that rent paid to family members is a genuine transaction rather than a tax-saving tactic.
The thali that never changes
Nearly a century ago, experts were serving up the same buffet of market explanations. Nothing has changed.
Dividend-yield funds have beaten flexi caps over the past decade. Should you invest in them?
Even though these defensive funds typically lag during aggressive bull runs, they have beaten flexi-cap funds, an investor favourite, over the past three, five, and 10 years. Tempted to dive in headlong? Read this first.
PPF, SSY, other small savings schemes are not only about tax saving - Here's what you are missing
Small savings schemes like PPF, SSY, and NSC are relevant even for the taxpayers who have opted for the new tax regime. These schemes are being changed and recast as tools for long-term, tax-resistant, purposeful saving. They are not out of date; their role in Indian household finance is changing.
Account aggregator 2.0: The inflection point India has been waiting for
The Account Aggregator framework, introduced by RBI, enables secure, consent-based sharing of financial data. It allows individuals to control their data while facilitating faster credit decisions and reducing reliance on manual document uploads, thus enhancing the financial ecosystem in India.
What is property tax? From how to calculate to penalty on late payments — all you need to know
Property tax, imposed by municipal authorities on real estate, varies by location and property value. From how to calculate to penalty on late payments — full details here.
What is professional tax and who needs to pay it? Is it part of your CTC? All you need to know
While it is not discussed as widely as income tax, professional tax is crucial for individuals earning incomes from their professions in states where this tax is levied. Here is everything you need to know.