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Arisinfra CFO targets 40–45% revenue growth in FY26, bets on contract manufacturing and tech-led efficiency

CFO Bhavik Khara says profitability to surge as company focuses on asset-light expansion, working capital efficiency, and automation across supply, services, and technology segments.

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State-run banks back ‘One Nation, One Election’ idea

Public sector banks have backed the One Nation, One Election Bill. They believe simultaneous elections will minimize disruption to banking services and ease the burden on staff. The Lok Sabha has extended the deadline for the joint parliamentary committee report…

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‘Want to enact India-UK deal ASAP’: PM Kier Starmer during Mumbai visit

British Prime Minister Keir Starmer arrived in Mumbai to accelerate the trade deal with India. He emphasized the significant opportunities the agreement presents for both nations. Starmer is leading a large delegation of UK business leaders to explore these prospects.…

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China tightens rare earth export controls, targets defence, semiconductor users

The controls — which kick in immediately — mean exporters must obtain permission for technologies used for rare-earth mining and smelting, among other processing steps, as well the “assembly, adjusting, maintenance, repair and upgrading of production lines”, a commerce ministry…

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Mahindra Group weighs major restructuring; may spin off tractors, PVs, & trucks into separate entities

This move aims to unlock business potential, enhance scalability, and allow for more focused strategies, reflecting a growing emphasis on the automotive segment’s stable growth trajectory.

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Bankruptcy court approves KGS Sugar & Infra Corporation’s acquisition by Grainotch Industries

The National Company Law Tribunal has approved Grainotch Industries’ takeover of KGS Sugar Infra Corporation. KGS Sugar faced insolvency with liabilities of Rs 556 crore. Grainotch’s plan includes a Rs 242 crore revival package. This acquisition signals growing investor interest…

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News

  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

  • ITR filing 2026 for pensioners: Health insurance, bank interest — These key deductions can reduce your tax outgo

    Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.

  • Canada was too expensive! A couple quit 9-to-5, sold their home to move to Japan: The FIRE strategy behind it

    Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.

  • Sebi simplifies share transfer process after an investor's death, giving legal heirs faster access to investments

    Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.

  • Fixed Deposit for senior citizens: Banks offer up to 8.25% interest — SBI, HDFC Bank, Utkarsh Small Finance, IDFC First

    Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders…

  • PM Kisan 23rd installment today: When, where and how to check ₹2,000 tranche payment status — Direct link here

    Prime Minister Narendra Modi will release the 23rd installment of the PM Kisan Samman Nidhi Yojana on 20 June 2026. Each beneficiary will get ₹2,000 tranche payment. Let's find out when, where and how to check payment status.

  • ITR: Attention taxpayers! Check key changes in ITR-4 (Sugam) form before filing income-tax returns for FY26 / AY27

    Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / Sugam form online for this tax year (FY26 / AY27). Here's all you need to know…

  • Employees provident fund: 8.25% interest rate ratified, EPFO 3.0 to allow ATM, UPI withdrawal — Check new EPF rules here

    Employees provident fund: The Centre has ratified 8.25% interest rate for EPF deposits this financial year. Looking ahead, here's a look at the rules under EPFO 3.0, which allow withdrawal of funds through ATM and UPI.

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