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Informal manufacturing and services gained during FY23, trade share declined: Govt data

The gross value added of unincorporated manufacturing companies increased by 19.14% to ₹3.6 lakh crore in 2022-23 (October-September) compared with ₹2.77 lakh crore in 2021-22 (April-March), data released by the Ministry of Statistics and Programme Implementation showed.

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Nykaa grants 4.73 lakh shares under Esop scheme

FSN E-Commerce Ventures, operating Nykaa, allotted 4,73,138 equity shares under Esop scheme. Shares valued at Rs 8.08 crore. Managing director Falguni Nayar foresees $90-billion market growth.

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At G7 Outreach session, PM Modi calls for ending monopoly in technology

Prime Minister Narendra Modi, addressing the G7 summit in Italy’s Apulia region, called for ending technological monopolies and fostering creative technology to build an inclusive society. Highlighting the global impact on the Global South, Modi emphasized India’s responsibility to voice…

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Third-party firms Delhivery, Xpressbees look to sort out logistics of quick commerce race

Third-party logistics firms like Delhivery and Xpressbees are venturing into the quick-commerce sector to support platforms such as Swiggy Instamart, Blinkit, and Zepto as demand surges. Sensing opportunity in the q-commerce space, Delhivery has started to work with Swiggy Instamart’s…

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Why Modi is at the G7 Summit, and why G7 needs him

The Western world wants India by its side. Given the increasing economic heft of the country, India cannot be outside the major policy issues confronting the West. It will be India’s 11th participation in the G7 Summit and PM Modi’s…

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India Inc makes a play for equality: L&T and Amazon lead the way with all-women teams in engineering and delivery

Engineering giant L&T has established an all-women team at Tata Steel’s mining site in Odisha, handling large machinery repairs, inspired by a successful pilot. Amazon, which initiated all-women virtual customer service in 2020, now operates nine all-women delivery stations in…

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  • TDS on rent paid to joint owners explained: How the ₹50,000 threshold applies per landlord under Section 194IB

    Clarity on TDS on rent paid to joint owners shows the ₹50,000 threshold applies per landlord, not per property. Joint ownership rent splits decide tax deduction, ensuring accurate compliance under Section 194IB and avoiding unnecessary deductions.

  • Pay only for the kilometres you drive: How PAYD insurance works

    If you drive infrequently, a pay-as-you-drive (PAYD) policy could significantly lower your car insurance premium. Here's how it works, who should opt for it, and the risks to watch for.

  • 8th Pay Commission: Odisha and West Bengal meetings take centre stage–top 5 updates you must know

    The 8th Pay Commission is entering a crucial stage, with stakeholder meetings being held in Odisha and West Bengal to discuss salaries, pensions, allowances, and the fitment factor.

  • I asked ChatGPT how many credit cards are too many; Experts filled in the gaps with what AI missed

    Several banks have altered credit card rewards, which may make cardholders reassess how many cards they need. I asked ChatGPT how many credit cards are too many and experts filled in the gaps with what AI missed.

  • I asked ChatGPT how rich Indians must become for the country to be ‘developed’; an expert adds what AI missed

    I asked ChatGPT how rich Indians must become for the country to be considered developed. We then compared the responses to what Axis Bank's chief economist Neelkanth Mishra said on the matter. Here's a look...

  • Working for a foreign client or firm while living in India? Don't miss this form to avoid paying income tax twice

    Working for a foreign client means income may be taxed in both the foreign country and India. However, Indian residents can claim foreign tax credit by filing Form 67. Details here.

  • New EPF Scheme 2026 comes into effect: Here's what changes and what remains the same for EPFO subscribers, explained

    The government's new EPF Scheme 2026 has come into effect as part of the Social Security Code 2020. Today, we explore and explain how and what has changed for EPFO subscribers and what remains the same.

  • EPS-2026 rules: Will you get pension if you leave your job before completing 10 years of service?

    The central government has implemented EPS, 2026, replacing older pension schemes. Key provisions remain intact, but questions about eligibility for employees leaving before 10 years persist. Here's what the new rules say.

  • Yen at record low: Should Indian investors be worried? Experts weigh in

    The yen’s weakness is not just a Japan story. For Indian investors, the impact is mostly indirect. While short-term volatility may rise if global carry trades unwind, experts agree that disciplined long-term investing remains the most effective way to navigate these macro cycles.

  • EPS-2026 replaces EPS-95: Does the ₹1,000 minimum pension continue? Here's what has changed

    The Centre has introduced the Employees' Pension Scheme (EPS), 2026, replacing older versions. While procedural changes have been made, the minimum monthly pension remains fixed at ₹1,000, unchanged since 2014.

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