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RBI eases ECB norms, raises individual borrower cap to $1 bln

The Reserve Bank of India has overhauled External Commercial Borrowing rules, raising the automatic route cap for eligible borrowers to the higher of $1 billion or 300% of net worth. It also relaxed maturity norms and removed rigid cost ceilings…

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Mutual funds slash stakes in 9 of 10 IT stocks but Rs 4 lakh crore still at play

Mutual funds significantly reduced their holdings in nine out of ten major IT stocks in January, driven by concerns that AI will disrupt the traditional outsourcing model. Despite this selling pressure, the sector still holds substantial value, with managers offloading…

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AI is a big opportunity for India, not a threat for businesses: Nasscom official

Artificial intelligence offers significant opportunities for Indian companies. Instead of job losses, roles will evolve. Indian professionals are set to deploy AI globally, a major chance for the nation. Government and private sectors are training 1.5 lakh people in AI.

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$56 billion AI scare tests resilience of TCS, Infosys and other Indian IT stocks

Indian IT stocks, including TCS and Infosys, faced a $56 billion market hit amid global AI-related concerns. The sell-off tested the sector’s resilience as investors reacted to fears of automation-driven disruptions and changing technology dynamics. Despite short-term volatility, analysts say…

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Infosys partners with Anthropic to deliver enterprise AI solutions across telecom, financial services, manufacturing

Infosys on Tuesday announced a collaboration with Anthropic, an AI safety and research company, to develop and deliver advanced enterprise artificial intelligence (AI) solutions for companies across telecommunications, financial services, manufacturing, and software development.

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Ola Electric shares crash another 5% after Citi slashes target price by 51%, downgrades to Sell

Shares of Ola Electric Mobility hit a fresh 52-week low after Citi downgraded the stock to Sell and cut its target price by 51%. As reported by ET Now, the brokerage flagged weak EV penetration, market-share losses and concerns over…

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  • 8th Pay Commission: How 3%, 5%, 6% annual increments could raise central government employees' salaries over 5 years

    8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay over five years through compounding.

  • Can unpaid business expenses be claimed as tax deduction? ITAT Mumbai's ruling explains when you can

    A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.

  • Filed your ITR before 31 July but found an error later? Tax expert explains who can revise and how

    Filed your ITR before the 31 July deadline but spotted an error later? Eligible taxpayers can still revise their return under Section 139(5). Here's who can file a revised ITR, the process and the key documents to verify.

  • India's loan story: Women, younger borrowers and non-metro regions driving credit growth as numbers jump to 74% in 2026

    Women, younger borrowers and non-metro regions are driving credit growth in the country. The number of eligible Indians opting for loans has jumped from 34% in 2017 to 74% in 2026.

  • Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

    After years of small and mid-cap outperformance, large caps could be poised for a stronger phase. A new report cites six factors, including improving economic growth, attractive valuations and supportive macro trends, while urging investors to maintain a balanced market-cap approach.

  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

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