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India needs to focus on manufacturing, achieve greater sophistication: Nirmala Sitharaman to Indian Inc

Finance Minister Nirmala Sitharaman flagged the need for India to boost its manufacturing sector to achieve self-reliance and increase its share in the global value chain. She highlighted the importance of policy support and sophistication in product manufacturing to attract…

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India’s consumer market likely to double by 2031: FM Nirmala Sitharaman

During the CII Annual Business Summit 2024, the Finance Minister projected that India’s consumer market would double by 2031 and anticipated a significant 18% contribution to global growth in the next five years.

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Net FDI in India fell 45% in April-February of FY24 to $14.55 billion

FDI inflows into India amounted to $26.69 billion, while outflows were $12.14 billion during April 2023 to February 2024.

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Persistent Systems appoints Vinit Teredesai as CFO

Teredesai will assume the position immediately, succeeding current CFO Sunil Sapre, who is slated to retire later this year.

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Nucleus Software appoints Surya Prakash Kanodia as CFO

Nucleus Software bolsters its leadership team with the appointment of Surya Prakash Kanodia the CFO

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Ola CFO Kartik Gupta steps down two weeks after CEO exit

Kartik Gupta, Ola’s CFO since November 2023, is stepping down just two weeks after chief executive Hemant Bakshi left the firm.

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EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained
EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.
ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers
The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.
8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries
The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.
When should young investors pivot from aggressive bets to capital preservation for retirement?
During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.
HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?
HDFC Bank has revised its SmartBuy rewards program, introducing a cap on reward points for brand voucher purchases on major premium credit cards. Here's what changes for customers.
Buying the dip vs SIP: Which strategy delivers better returns? Here's what math says
Market swings often lead investors to seek ideal buying moments. However, historical data shows systematic investment plans outperform market timing strategies, as cash on the sidelines incurs opportunity costs. 
EPF Scheme 2026 notified under Social Security Code: New withdrawal rules and other changes you should know
The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.
SK Hynix heads to Nasdaq: Should Indian investors choose it over Micron? Which is the better long-term bet?
SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.
Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold
Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.
Selling property or stocks? These 5 smart hacks can help you save capital gains tax
Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.