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Nexus Select Trust has $1 bn debt headroom for acquisitions: CFO Rajesh Deo

In an exclusive interview with ETCFO, Nexus Select Trust CFO Rajesh Deo discusses the REIT’s acquisition strategy, debt headroom, rental growth outlook, and FY27 priorities.

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PhonePe elevates Srijon Biswas to Chief Technology Officer, CoFounder Chari to become CPTO

PhonePe has appointed Srijon Biswas as its new Chief Technology Officer. Biswas, with a decade of experience, will now lead the entire engineering organization. Rahul Chari, formerly CTO, will now serve as Chief Product and Technology Officer. Chari’s expanded role…

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Stock market crash: Bloodbath on Dalal Street! Sensex, Nifty50 tank 2% as Trump declares end of truce with Iran – top reasons for sharp fall

Stock market crash: Selling pressure gathered pace during the second half of the session after US President Donald Trump declared that the interim agreement with Iran to end the conflict was “over,” reigniting fears of further escalation in the Middle…

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RBI backs crypto ban, tax department warns of evasion risks, documents show

India’s central bank has reiterated its preference for a cryptocurrency policy “leaning towards prohibition,” warning that crypto assets and stablecoins could threaten financial stability and monetary sovereignty, according to internal government documents reviewed by Reuters.

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Pocket FM appoints Abhilash Padival as CFO

Pocket FM has appointed former Bank of America executive Abhilash Padival as its Chief Financial Officer (CFO), strengthening its leadership team as it scales global operations and advances its long-term growth strategy.

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CBDT notifies NCCL's Core Settlement Guarantee Fund for tax exemption under old Income Tax Act

The Central Board of Direct Taxes has notified the Core Settlement Guarantee Fund for tax exemption. This exemption applies to assessment years from 2019-20 through 2026-27. The move ensures continuity of tax benefits despite the new Income Tax Act. The…

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News

  • Metal ETFs shine in uncertain market: Should you invest now?

    The performance of metal ETFs depends on the state of the economy, as they invest in industrial metals. While they are expected to grow during economic expansion, they carry more risk than gold and silver ETFs.

  • Planning to invest in a bond SIP? Why it doesn't work like your regular equity SIP

    Running a SIP in fixed income works on a fundamentally different principle than running one in stocks

  • FM Sitharaman asks I-T dept to crack down on tax evaders, ease compliance for honest taxpayers

    Finance Minister Nirmala Sitharaman called for firm actions against tax evaders while prioritising convenience of honest taxpayers. Details here.

  • EPFO: Want to claim provident fund after EPF member's death? Here's how — Stepwise guide for families

    Today, we take a look at how the family (nominees or legal heirs) of an EPF subscriber can claim the provident fund savings amount after the member's death. Here's a stepwise guide…

  • Can't access your EPF account because you forgot your UAN? Here's how to retrieve it online and offline

    EPF members can retrieve their forgotten UAN online via the EPFO portal or through SMS and missed call services.  Details here.

  • ₹9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money

    The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.

  • ITR portal: Govt says managed service provider was penalised in FY26 for outages and due date extension

    The government penalised the MSP of the income tax e-filing portal for an extension of the ITR filing deadline caused by technical issues in FY 2025-26. Here's why an extension this year is unlikely.

  • Fixed Deposits: Should you park ₹10 lakh in one FD or split it? Pros and cons explained

    The better option depends on your financial objectives, liquidity needs, investment horizon and comfort with risk.

  • Pay commission: Salary, allowances, benefits — Check West Bengal 7th pay commission's full list of terms of reference

    The West Bengal government has officially constituted its 7th central pay commission. The finance department's resolution states that the panel will review allowances, salaries and service conditions for state government employees and pensioners.

  • ITR filing 2026: Do you need to disclose both taxable and exempt gifts received from friends and family?

    Gifts received during the financial year may be taxable and need to be reported in the income tax return. Taxpayers should be aware of exemptions and the new reporting field for non-taxable gifts to maintain compliance. 

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