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Aim to build charging infra in India catering to diverse customer needs: Tesla

Tesla is expanding its electric vehicle charging network in India. The company plans to establish superchargers and home-charging solutions in major cities. This initiative aims to support sustainable transport and combat air pollution. Tesla’s direct sales model is driving excitement…

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McKinsey cuts about 200 tech jobs, shifts more roles to AI

McKinsey & Co. has eliminated approximately 200 global tech jobs, signaling a broader trend of consulting firms leveraging AI for automation. The company is assessing tasks for AI integration and may implement further reductions in non-client-facing roles over the next…

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MCX shares cross Rs 10,000 for the first time. What’s fuelling the rally?

Multi Commodity Exchange of India shares reached a new peak on Wednesday on the back of strong volumes. Analysts are optimistic, with UBS raising its target price to Rs 12,000. The exchange’s recent performance shows robust growth in profit and…

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Cabinet likely to give nod to Rs 7,000 cr rare earths scheme: Report

The Union Cabinet is poised to approve a Rs 7,000 crore incentive scheme for rare earth permanent magnets, aiming to secure critical materials for EVs, renewables, and defense. This move comes as China, a dominant supplier, tightens export controls, prompting…

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Drishti Group names former Aakash CFO Vipan Joshi as finance chief

Drishti Group has appointed Vipan Joshi as its new Chief Financial Officer. Joshi brings over 23 years of financial experience. His role will focus on financial strategy, risk management, and capital planning. This move aligns with the education sector’s trend…

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Rs 4 lakh crore rally! Sensex soars 950 pts, Nifty above 26,150; 7 factors driving D-St to near record high

Indian stock markets, Nifty and Sensex, surged on Wednesday, breaking a three-day losing streak. Hopes of a US Fed rate cut, easing FII outflows, declining crude oil prices, and a broad-based rally in global and domestic equities fueled the market’s…

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News

  • How to obtain tax residency proof in India?

    A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, an online Form 10FA must be submitted, confirming tax residency in India for the relevant financial year.

  • 4 common credit report errors that drop your score and trigger loan rejection

    Credit report errors such as incorrect details, misreported repayments, active closed loans and duplicate accounts can reduce your credit score and hinder loan approval, making regular credit report checks essential.

  • Markets will move in 2026, but behaviour will decide outcomes

    The markets in 2026 may test investors. When instinct pushes for quick reactions, it is behaviour discipline, restraint, and clarity of purpose that will decide outcomes.

  • Don’t pay tax on gifts if they are from family. Here’s the rule

    Gifts from relatives are exempt from tax, while gifts over ₹50000 from non-relatives are taxable. Gifts received during marriage are fully tax-exempt. 

  • Inside AIFs: The risks, rewards and real fit for your portfolio

    Each AIF is different and an investor needs to understand if and where it fits into their asset allocation mix, based on their portfolio size, risk-taking ability, return expectations and liquidity considerations

  • This couple had a New Year holiday in Oman just for ₹2 lakh. Here's how

    As part of Mint’s travel series, the couple shares details of their nine-day Oman holiday, showing how it’s possible to enjoy a full, hassle-free holiday without stretching the wallet.

  • Still believing these credit myths? They’re quietly ruining your financial health

    As 2025 ends, it's vital to debunk personal finance myths, especially regarding credit. Misconceptions include beliefs that BNPL doesn't affect credit scores, high income ensures good scores, and closing old cards is beneficial. 

  • Axis Bank credit card travel redemption options: Transfer ratios, limits, and tips

    Axis Bank credit cardholders can transfer their reward points to 20 partners (6 hotels and 14 airlines) categorised into Group A and B. There are groupwise calendar year limits on points transfers.

  • Rupee at record low: Should you invest abroad? Here are the smartest routes

    With traditional domestic mutual funds reaching overseas investment caps, this guide explores alternative routes, including Gift City funds, foreign brokerage platforms, and global mutual funds, to help build a robust international portfolio.

  • PNB cuts repo-linked lending rates by 25 bps after RBI MPC announcement — Will your home loan EMI go down? Explained

    Repo-linked lending rate is a type of interest rate associated with home loans. If the RBI cuts its repo rates, the RLLR goes down and vice versa. With PNB's RLLR cut, home loan EMIs are expected to go down.

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