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Lupin CFO says pharma industry preparing for all possible scenarios on US tariffs

CFO Ramesh Swaminathan says the US administration’s pending decision on imposing tariffs on pharmaceutical imports could have significant implications for the generics industry, particularly around affordability and access to medicines.

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HIRE Act 2025: Can US’ 25% outsourcing tax break Dalal Street’s Rs 30 lakh crore compounding machine?

The Indian IT sector faces a potential threat from the proposed HIRE Act 2025 in the US, which imposes a 25% tax on outsourcing. This could significantly impact India’s $100 billion IT exports, with the US being a major market.

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PwC India launches Navigate Tax Hub, a GenAI colleague for modern tax functions

PwC India launches Navigate Tax Hub, a GenAI-powered platform to transform tax and regulatory operations, according to a PwC India statement. Can this tool redefine efficiency and accuracy for corporate tax teams? Will AI-human collaboration set a new normal for…

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Travel accessories startup Escape Plan ropes in new CFO, expands leadership team

Travel accessories startup Escape Plan is bolstering its leadership team to fuel its next growth phase. Pankaj Shroff, formerly CFO at Porter, joins as CFO to lead financial strategy. Soumen Samanta, ex-CXO at Blissclub, will be the Chief Business Officer.…

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Fitch lifts 2025 global growth aim with a worrying rider, upgrades India forecast to 6.9% for FY26

Fitch Ratings anticipates global growth deceleration, yet India is projected to maintain a growth rate above 6% for the next three years. While the global growth forecast for 2025 has been slightly raised, driven by China and the Eurozone, the…

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India not pushing for an alternative to US dollar, says CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran has refuted claims of India joining efforts to create an alternative currency to the US dollar. Speaking at an AIMA event, he highlighted India’s strong economic position, with a 7.8% GDP expansion in the…

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  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

  • Received ESOPs in your salary package? Know the tax you owe now, tax due later and who can defer payment?

    ESOPs enable startups to offer equity as part of compensation. Tax liabilities occur when options are exercised and shares sold, with potential deferment of TDS for eligible startups. Details here.

  • I asked ChatGPT whether a middle-class couple should spend ₹1.4 lakh on Sri Lanka or Singapore. The answer was one-sided

    I asked ChatGPT whether a middle-class Indian couple should spend ₹1.4 lakh on a trip to Sri Lanka or Singapore. After comparing flights, hotels, food, transport and attractions, the AI delivered a surprisingly one-sided verdict—and it wasn't in favour of the more expensive destination.

  • Should SIP investors panic during a market crash? The maths tells a different story

    The periods that feel worst for investors often create the biggest opportunity for SIP wealth creation. Here's how market corrections can boost long-term returns through rupee-cost averaging.

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