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Govt capex may cross Rs 12 lakh crore in FY27, fiscal deficit likely at 4.2 pc of GDP: SBI

India continues to remain the bright spot supported by its strong macro fundamentals and the government capex may cross Rs 12 lakh crore in FY27, a year-on-year growth of 10 per cent, an SBI Research report said on Monday.

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Semicon firms caution govt against rigid DLI framework

Industry executives broadly welcomed the intent to deepen state support for chip design companies but flagged concerns around venture capital (VC) compatibility, the structure of funding instruments, and the need for continuity for firms graduating from DLI 1.0.

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Europe’s cracks finally give India its long-awaited opening

India and the European Union are at a turning point after decades of slow progress on deeper ties, driven by major shifts in global geopolitics. The EU’s traditional pillars—security reliance on the US, energy ties with Russia, and strong trade…

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Budget 2026: Government seen easing fiscal grip amid global headwinds

Budget 2026 will likely focus on supporting the economy amidst global challenges. Rating agencies suggest a cautious approach to fiscal consolidation. Reforms, especially in deregulation, will be viewed favorably. Any deviation from fiscal discipline could negatively impact ratings. Experts anticipate…

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Budget 2026: The GCC capital of the world needs more brains to bank its $100-billion dream

With GCCs transitioning to AI-driven roles and aiming for $100 billion in revenue, targeted skilling initiatives are crucial to sustain growth and leverage India’s demographic advantage.

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Republic Day sales see fastest growth in five years on GST cuts, wedding demand

Republic Day sales recorded their fastest growth in five years as demand picked up across groceries, electronics and apparel. Lower prices following GST cuts, early wedding purchases and stronger demand for mass-market products drove the surge, according to companies and…

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  • Can ESOP buyback payouts be taxed as capital gains? ITAT order offers hope for startup employees

    The Bengaluru ITAT has asked tax authorities to reconsider the tax treatment of ESOP buyback payouts by applying the Karnataka High Court's ruling. The order could strengthen the case for taxing payouts from vested but unexercised ESOPs as capital gains instead of salary.

  • HDFC Bank launches ‘Max for Seniors’ and ‘Max for Her’ savings accounts; key features

    HDFC Bank has introduced ‘Max for Seniors’ and ‘Max for Her’ savings accounts under its Savings Max portfolio. The accounts offer cyber protection, Auto Sweep benefits, insurance cover, health support and lifestyle privileges designed for senior citizens and women customers.

  • Unified Pension Scheme sees over 1.18 lakh Central government employees opt in; Centre rules out any changes

    More than 1.18 lakh Central government employees and eligible retirees have opted for the Unified Pension Scheme. The Centre has told Parliament there is no proposal to review, modify or replace the pension scheme.

  • 8th Pay Commission consultations gather pace: Tracking 8 key pensioner demands of RSCWS on pay, retirement security

    8th Pay Commission: The Commission is reviewing eight pensioner demands raised by RSCWS, including higher basic pay, revised HRA, transport allowance and stronger retirement benefits. The RSCWS proposals aim to improve pensions for Indian Railway employees.

  • Finance Ministry moves to enable MDR on UPI — Here's what scrapping zero MDR provision means for UPI users

    The Union Ministry of Finance has made moves to enable merchant discount rates on UPI and proposed scrapping the zero MDR provision. We take a look at what this decision could mean for UPI customers.

  • REITs vs REIT mutual funds: Structure, taxation rules, returns and suitability for investors compared

    REITs and REIT mutual funds offer investors exposure to the real estate sector but differ in structure, taxation, and returns. While REITs focus on rental income from properties, REIT funds combine REIT exposure with real estate equities. 

  • New Fund Offer: Should you invest in an NFO when a similar mutual fund with a proven track record exists?

    If a similar mutual fund with a proven track record already exists in the market, experts say investors should prefer an established scheme unless the NFO offers a genuinely differentiated strategy that complements their portfolio and investment goals.

  • Value funds: Only two schemes have negative alpha; Quant and DSP lead category in benchmark outperformance

    Only two value funds have negative alpha, indicating they lag their benchmark indices, while Quant Value Fund and DSP Value Fund record the highest positive alpha. The contrast in alpha was also reflected in return performance, with the positive-alpha funds delivering better returns. 

  • Has EPFO wage ceiling been raised to ₹25,000? Here's what report says about the monthly contribution limit

    Finance Ministry has approved an increase in EPF wage ceiling to ₹25,000 monthly from current ₹15,000, as per a Moneycontrol report. If approved this would expand coverage to more salaried workers.

  • How to report F&O income in ITR for AY 2026-27: Deadline, turnover, audit rules and key changes in tax forms

    F&O trading is treated as non-speculative business income and must be reported under business income in ITR. For AY 2026-27, taxpayers need to disclose F&O turnover and income in dedicated fields in ITR forms. They also need to comply with tax audit and carry-forward rules.

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