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B2C commerce startup Wheelocity raises $15 million from Lightspeed, others

The new funding will support Wheelocity’s plans to expand operations across 20,000 towns and villages in southern India over the next year, aiming to reach a user base of 10 million.

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IndiGo working with civil aviation ministry to extend wet lease of Boeing 777 planes

IndiGo is seeking to extend its wet lease of two Boeing 777 aircraft from Turkish Airlines beyond the current November 14th deadline. The airline, facing capacity constraints due to grounded aircraft, utilized the wide-body planes to meet surging international travel…

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As IPO nears, Swiggy hires two more Flipkart executives

Swiggy has recruited two senior executives, Hari Kumar G and Shalabh Shrivastava, from Flipkart to bolster its leadership team ahead of its IPO. Kumar will oversee Instamart as Senior Vice President and Chief Business Officer, while Shrivastava will optimize product…

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Samsung to expand chip packaging facilities for HBM

Samsung Electronics will expand its semiconductor package facilities in South Chungcheong Province to boost production of high bandwidth memory (HBM) chips, company officials said on Tuesday.

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Semiconductor sector to create 1 million jobs in India by 2026, says report

As India is moving to become a semiconductor manufacturing hub, the industry is poised to generate 1 million jobs across varied sectors by 2026, a report said on Monday. This demand is expected to be seen in various categories, including…

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Vedanta Ltd. Reports Highest-Ever 1H EBITDA at $2.47 Billion

Vedanta Limited reported its highest-ever half-year EBITDA of $2.47 billion, a 46% year-over-year increase. The company attributed the strong performance to cost efficiency, volume growth, and favorable commodity prices. Vedanta expects continued growth in the second half of the year…

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  • EPFO automates PF transfer — will it apply if you changed jobs long ago but never transferred your balance?

    EPFO has automated the PF transfer process for Aadhaar-linked UAN holders when switching jobs. Here's who stands to benefit from this feature and whether it will apply if you changed jobs months or years back but never transferred your balance.

  • 8th pay commission: Here's how much HRA could change for employee levels 1-5 based on fitment factor suggestions

    8th pay commission: We take a look at the likely revision in house rent allowance (HRA) for central government employees across level 1 to 5 in X, Y and Z category cities based on suggested fitment factor.

  • Want to build ₹1 crore corpus in 10 years? Here is the monthly SIP you need

    The size of your mutual fund investment depends on two key factors: the rate of return and the amount of SIP. The higher the rate of return, the bigger the corpus.

  • Nifty India Consumption Index beats Nifty 50 over 3, 5, and 10 years: Here are the top 5 ETFs tracking the theme

    The Nifty India Consumption Index tracks 30 companies across sectors linked to India's consumption story, including FMCG, automobiles, telecom, and healthcare. Investors can access this theme through ETFs such as Nippon India ETF Nifty India Consumption and ICICI Pru Nifty India Consumption ETF.

  • EPFO 3.0: What has changed — Before vs after, updated rules, CITES project, online access and new features explained

    EPFO 3.0 enables members to withdraw up to 75% of their EPF balance via UPI, enhancing quick access to funds for various needs. The system upgrade allows for automatic account transfers when changing jobs and offers digital solutions for claims and account management, improving efficiency.

  • Credit score dropped despite paying on time? Here's how to get it corrected

    A sudden drop in your credit score isn't always caused by missed payments. Experts explain how to identify reporting errors, dispute incorrect entries and get your credit profile corrected.

  • ITR filing 2026: Here's what happens if you miss the July 31 deadline — 1% monthly interest, late fee and more

    The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you have unpaid taxes. Check all other consequences of missing ITR due date here.

  • ITR filing 2026: Is it necessary to keep physical copies of digital tax documents? Expert explains

    ITR filing is now becoming increasingly paperless, but taxpayers must securely retain key digital tax documents. A tax expert explains which records to preserve, why backups matter, and how organised digital files can help during tax verification, assessments and future income tax notices.

  • DA hike: What are the types of Dearness Allowances, how they are calculated — explained

    Dearness Allowance is a percentage of employees' pay aimed at helping households manage the increased cost of living. For calculation purposes, it is separated into two categories: industrial and variable DA.

  • Only 30% of individual investors' mutual fund AUM is in direct plans: Why retail buyers still prefer regular route

    While direct plans make up 77.7% of institutional investors' mutual fund AUM, the corresponding share for individual investors is just 30%. Experts say the gap is driven by the need for professional advice and investor behaviour. 

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