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Finance minister Nirmala Sitharaman defends different GST rates for different products

Union finance minister Nirmala Sitharaman defended varied GST rates, explaining they were set by consensus in the GST council. Addressing hotelier complaints and Tamil Nadu’s government criticisms, she emphasized efforts to simplify GST and ensure fair revenue sharing. She also…

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Sharat Industries appoints Balasubramaniam R as CFO

Balasubramaniam R brings nearly 30 years of expertise across various sectors, with a focus on finance, accounting, auditing, statutory compliances, and management information systems (MIS).

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Alphacorp eyes BSE listing, Rs 1,000 crore revenue by FY27, says CFO Santosh Agarwal

In the last 2-3 years, construction costs have surged by 40-45 per cent and land prices have tripled amid stringent compliance regulations, which challenge our growth focus, said Alphacorp CFO Santosh Agarwal.

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Former GE CFO Carolina Dybeck Happe transitions to Microsoft as EVP and COO

Microsoft has appointed former GE CFO Carolina Dybeck Happe as Chief Operating Officer and EVP, a newly created role. She will lead key divisions and drive AI transformation across the company, aligning business operations with Microsoft’s long-term growth.

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China imposes six month suspension and $62 million fine on PwC following Evergrande controversy

China’s finance ministry has imposed a six-month business suspension on PwC’s auditing unit in mainland China due to its role in auditing Evergrande, which was accused of a $78 billion fraud. This follows similar penalties faced by Deloitte last year.…

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Banks with large commercial real estate exposure may be shortsellers’ targets, says RBI’s Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das, speaking at the Bretton Woods Committee’s Future of Finance Forum in Singapore, expressed concerns about banks with significant commercial real estate exposure, noting that they could become targets for short sellers.

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  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

  • ITR-2 filing for AY 2026-27: Step-by-step guide to file income tax returns correctly before 31 July deadline

    ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.

  • Top 5 dividend yield funds based on 5-year returns: ICICI Prudential Dividend Yield Fund leads with 19.95% returns

    Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 

  • EPFO's 2026 overhaul: key takeaways from the latest EPF, EPS, EDLI schemes

    The new EPF Scheme, 2026 does not make higher PF contributions optional. Here's what remains unchanged, what has changed, and what it means for employees and employers.

  • Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand

    A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.

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