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Oil and gas, GCCs to lead pay hikes as India Inc eyes 9% median salary increase

India Inc anticipates a 9% median salary increase in 2026, mirroring last year’s actual growth. Companies are shifting towards ‘precision pay,’ strategically investing in high-impact roles and scarce skills rather than broad-based increments. This approach prioritizes stability, critical capabilities, and…

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PwC India report projects AI to unlock USD 550 billion across five sectors by 2035

PwC India’s “AI Edge for Viksit Bharat” report, released at the World Economic Forum, projects AI could add $550 billion to five key sectors by 2035. The report introduces a 3A2I framework for scaling AI, emphasizing access, acceptance, and assimilation,…

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Explainer: What India secured in the India–EU free trade agreement

With the aggrement EU became India’s 22nd FTA partner. “The India-EU trade deal, along with India’s FTA with the UK and the EFTA effectively opens up the entire European market for Indian businesses, exporters and entrepreneurs,” the Union Ministry of…

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India-EU FTA: Tariff on EU-made cars slashed from 110% to 10%, but with a caveat

India and the European Union have finalized a Free Trade Agreement. Tariffs on cars will significantly decrease from 110% to 10% for 250,000 vehicles annually. This agreement marks a significant step in bilateral trade. Total trade between India and the…

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India-EU FTA highlights: 'Mother-of-all deals' eliminates aircraft tariffs, cuts duties on alcohol, food & chemicals

India and the European Union have finalized an 18-year-long Free Trade Agreement, featuring extensive tariff cuts on over 90% of EU goods. This pact aims to double EU exports to India by 2032 and includes €500 million in climate support…

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Adani takes a bigger bet on India’s skies with Embraer pact to build commercial planes

Adani Aerospace & Defence has partnered with Brazil’s Embraer to assemble commercial aircraft in India, a significant step for the ‘Make in India’ initiative. This collaboration aims to position India as a hub for regional jet production, capitalizing on the…

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  • Tax refunds jump 22% so far, claims Scott Bessent – what should filers look for this season?

    The average tax refund has increased by 22% this season, according to Treasury Secretary Scott Bessent. The IRS has not released official data yet, and early figures can be misleading, says expert.

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

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