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Significant decline in job growth in FY24, IT & Textile sector labelled ‘job destroyers’: Report

India Inc. experienced a sharp slowdown in employment growth in FY24, with a mere 1.5% increase compared to 5.7% in FY23, according to a Bank of Baroda report. Only 90,840 jobs were added in FY24, down from 333,000 in the…

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Dish TV penalised by BSE, NSE for lacking board strength

The latest notice dated August 21, 2024 is for not having proper composition of the Board and Nomination and Remuneration Committee, for June quarter 2024, it added.

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ED conducts searches on premises of Religare’s Rashmi Saluja, other officials

The Enforcement Directorate conducted searches at multiple premises linked to senior officials of Religare Enterprises, seizing documents related to allegations of fund siphoning from Religare Finvest. The investigation stems from a complaint alleging financial misconduct by former promoters and current…

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Paytm-Zomato deal chips away at India’s Alibaba dream

Curiously, Paytm is selling its most profitable venture. Let’s not forget that payment has not been a profitable business for everyone. Ticketing was one of the primary businesses for Paytm where the margins are high as they charge conveyance fees.…

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Fibe CFO targets pan-India growth with new financial products and focus on tier-two and tier-three cities

Co-Founder and CFO Ashish Goyal said the company is set to launch several new products aimed at tapping into the education, healthcare, and insurance sectors.

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Tax on external remittances reduces Indians’ overseas spending by 44%

In June 2024, India’s outward remittances plummeted by 44% to $2.2 billion, reflecting significant declines in travel, education, and family support expenditures abroad. Explore the latest trends here.

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News

  • 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.

  • Owning India’s real estate one square foot at a time with ease: Alt DRX's Avinash Rao

    You can sit where you are right now, use that mobile phone, and own a square foot anywhere in the country, said Avinash Rao, founder of Alt DRX, a blockchain-powered digital real estate marketplace

  • Indians want global assets. See how to invest abroad despite limits.

    Viram Shah, co-founder and CEO, Vested Finance, and Vaibhav Shah, head of products, business strategy and international business, Mirae Asset Investment Managers (India), share how you can invest abroad at Mint Money Festival 2026.

  • Why mutual funds are emerging as the default investment choice

    At Mint Money Festival in Mumbai, top mutual fund CEOs explain why India’s MF boom reflects a structural savings shift—and why asset allocation and discipline matter more than chasing returns.

  • Are Reits the right way to own top commercial real estate?

    Pratik Dantara, EPC member of the Indian REITs Association and chief investor relations officer and head of strategy at Nexus Select Trust, weighed in on the question at the Mint Money Festival.

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