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Nestle CEO wants company to move fast and be open to fresh ideas

Philipp Navratil, the new Nestle CEO, addressed staff, emphasizing speed and fresh ideas. He aims to improve Nestle and deliver on its 2025 goals. Navratil succeeded after Laurent Freixe’s dismissal. Nestle anticipates increased organic sales growth and a profit margin…

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GST reforms to lower rates on 11 out of 30 top consumption items: Report

The new Goods and Services Tax (GST) rates will benefit 11 of the top 30 consumption items and a third of an average consumer’s monthly expenditure, a report said on Thursday.

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India’s upGrad eyes Asia expansion as US campuses lose appeal

Indian edtech upGrad is increasing university partnerships in the Middle East and Asia-Pacific regions. This strategic shift addresses declining student enrollment in the U.S. and UK due to visa restrictions and rising costs. The company aims to collaborate with universities…

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Bharat Supply taps ex-Snowman Logistics CFO N. Balakrishna for growth strategy

Bharat Supply, a logistics company, has appointed N. Balakrishna as its Chief Financial Officer. Balakrishna has over 14 years of experience. He will oversee financial strategy and investor relations. The company aims to expand to over 300 districts by 2025.…

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Bitter reality: Sugar industry faces Rs 40,000 crore meltdown despite govt’s big ethanol push

With grain-based ethanol now dominating the market, demand for sugarcane-based ethanol has declined, directly impacting mill revenues and posing potential risks for banks heavily exposed to the sector.

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India stock market branded world’s worst in 2025. Can Sensex, Nifty stage stunning comeback?

Indian stock market faces a downturn in 2025. Sensex shows poor returns compared to global markets. High valuations and slow earnings growth contribute to this. Foreign investors are selling off Indian stocks. Political uncertainty adds to the problem. Experts anticipate…

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  • Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest

    Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.

  • 8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions

    UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.

  • Dearness Allowance: Here's the formula used to calculate your DA hike, explained

    Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how…

  • RBI mis-selling rules explained: Tricked into buying a financial product? Here's how you can get your money back

    Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.

  • EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison

    EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

  • Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here's what happened next

    A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on ₹19.06 lakh leave encashment. Details here.

  • RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms

    The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.

  • 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.

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