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Stock markets end higher after US Fed rate cut; log gains for 3rd day

Indian stock markets close higher for the third day. Sensex gains 320 points, surpassing 83,000. US Federal Reserve cuts interest rates, boosting investor confidence. Eternal, Sun Pharma, and Infosys are among the top gainers. Tata Motors and Bajaj Finance are…

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India’s Gokaldas eyes EU growth, Africa expansion to counter Trump’s tariffs

Gokaldas Exports anticipates a decline in profit margins due to elevated U.S. tariffs, prompting a strategic shift towards the European Union and the United Kingdom markets. The Indian textile manufacturer plans to expand its production in Africa to leverage lower…

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India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor

In a ray of optimism for Indian exporters, Chief Economic Advisor (CEA) V. Anantha Nageswaran on Thursday said a solution to the India-US tariff issues is likely to be arrived in the next 8-10 weeks.

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Gameskraft to lay off 120 employees after ban on real-money gaming

Gameskraft said on Thursday that the company will let go 120 employees, as the recently passed Promotion and Regulation of Online Gaming Act, 2025, has placed “real-money gaming companies in “uncharted territory”.

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India’s contribution to global GDP growth to reach 9% by 2035: Govt official

India’s dominance in the global economy is rapidly increasing, and the country’s share in global GDP growth will increase to 9 per cent by 2035, up from 6.5 per cent in 2024, M Nagaraju, Secretary, Department of Financial Services, Ministry…

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Japan’s SMBC completes 20% stake acquisition in Yes Bank; becomes largest shareholder

Sumitomo Mitsui Banking Corporation (SMBC) has finalized its acquisition of a 20% stake in Yes Bank, becoming its largest shareholder. This significant cross-border investment includes the appointment of two SMBC directors to Yes Bank’s board. Yes Bank aims to leverage…

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News

  • Made a mistake in your tax return? Here's how to correct it even after receiving a refund

    Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

  • Can investing in an under construction property help you save capital gains tax? Check Section 54 rules

    Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines

  • Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind

    When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.

  • Wrong EPF nominee can make your nomination invalid; Who is eligible and how to update or change it

    EPF accounts require members to nominate beneficiaries for their accumulated funds and benefits. Ineligible nominations can invalidate claims. Here's who qualifies as a nominee and how you can update or change nominee details.

  • TCS on car purchases explained: Who pays it, how to claim a refund?

    The sale of motor vehicles above a specified value attracts TCS under Section 206C(1F). As per the provision, car dealers or sellers must collect TCS from buyers when the sale consideration of a motor vehicle exceeds Rs. 10 lakh

  • ITR filing 2026: 5 mistakes that could cost salaried taxpayers dearly

    Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance hassles. From unreported income to Form 26AS mismatches, here are five errors taxpayers should avoid while filing their ITR.

  • ITR filing 2026: Can presumptive taxpayers switch between old and new tax regimes every year?

    The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options. Business income earners face restrictions. Here are the rules that apply to presumptive taxpayers. 

  • Understanding arbitrage funds: Strategy, returns, benefits, risks and key considerations

    Arbitrage funds are a type of hybrid mutual fund that aims to generate returns by taking advantage of price differences in the cash and futures markets. These funds must invest at least 65% of their assets in equities and equity-related instruments while following an arbitrage strategy.

  • EPF withdrawal limits 2026: Marriage, education, home purchase explained

    EPFO allows members to withdraw a portion of their provident fund savings for education, marriage, housing and home-loan repayment, subject to specified conditions. Here is a breakdown of the eligibility criteria and maximum withdrawal limits under the latest EPFO guidelines.

  • ‘I need to reconsider moving back’: NRI shocked after calculating what it really costs to live in Bengaluru or Mumbai

    An expat in New Zealand underestimated living costs in India, believing ₹60,000 would suffice for a family of four. A financial advisor revealed that modern expenses in cities like Bengaluru exceed ₹2.5-3.5 lakh monthly, urging NRIs to reassess their relocation assumptions carefully.

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