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India’s stock market facade: 576 stocks down over 30% as Sensex, Nifty near record high

Indian stock market presents a dual reality. While Sensex and Nifty approach record highs, a significant number of BSE-listed stocks have seen sharp declines. Over 576 stocks are down by at least 30% from their peaks. This divergence is attributed…

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CFOs test AI in pilots but say tools not yet ready for Indian tax complexity

Finance leaders say AI may be transforming back offices, but when it comes to India’s complex tax rules, the technology still isn’t reliable enough to operate without human oversight.

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Telcos plan ₹3-lakh crore capex to get future-ready

Indian telecom companies are set to invest ₹2.5 to 3 lakh crore in the next three to five years. This spending will focus on making networks denser, expanding fiber optic connections, and using AI for better operations. This marks a…

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‘Work on weekends and don’t care about…’: Sam Altman’s eye-scanning ‘Orb’ startup’s tough work directive to employees

Sam Altman’s startup, Tools for Humanity, has reportedly asked its employees to work on employees and priotrise their jobs over anything else. Tools for Humanity CEO Alex Blania reportedly said during a staff meeting that employees should not care about…

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NFRA chief flags serious governance gaps, slams weak audit committee disclosures and seeks stronger self-regulation from India Inc

India’s audit regulator has issued its toughest warning to India Inc, as NFRA chairperson Nitin Gupta questioned why audit committees remain opaque, why boards lack dedicated risk panels, and why companies still rely on 12-month going-concern tests despite rising governance…

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Supreme Court caps TDS on foreign remittances at 10%, says Income Tax Act cannot override DTAA

The Supreme Court ruled that tax deduction at source on remittances to non-resident entities cannot exceed 10% as per Double Tax Avoidance Agreements (DTAA). This decision overrides the Income Tax Department’s demand for a higher 20% deduction, even when Permanent…

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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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