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India, EFTA trade pact to come into force from Oct 1: Switzerland

The India-EFTA free trade agreement starts on October 1. Switzerland confirms legally binding rules for trade and sustainability. EFTA commits USD 100 billion investment in India, creating one million jobs. India gains better market access for Swiss goods like pharmaceuticals…

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PRECIOUS-Gold adds to record rally as rate-cut bets, trade turmoil lift demand

Gold prices surged to a record high, surpassing $3,500, fueled by expectations of a Federal Reserve rate cut and concerns over U.S. tariff policies. The Trump administration’s push for expedited tariff rulings and pressure on the Fed are weighing on…

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Waaree Energies acquires 64% stake in Kotsons Private Ltd to enter the transformers business

The proceeds of this infusion will be strategically utilised to further expand Kotsons’ manufacturing capacity, enabling it to meet the growing domestic and global demand for transformers, the company said on Wednesday.

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US economy on brink of recession, says Moody’s Chief Economist

Mark Zandi of Moody’s suggests the US economy faces recession risk. States comprising a third of US GDP are vulnerable. Higher prices and job losses are expected. Inflation may rise to 4 percent next year. Southern states show strength, but…

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India’s VC AUM surges to Rs 4.9 lakh crore led by domestic capital and small funds: Fibonacci X

India’s venture capital AUM has surged fivefold in a decade, reaching Rs 4.9 lakh crore, propelled by domestic funds and family offices. Funds below Rs400 crore are key drivers, though top VCs yield seven times higher returns. Domestic limited partners…

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Indian rupee to avert further major declines in near-term, FX strategists say: Reuters poll

A Reuters poll indicates the Indian rupee is unlikely to dramatically weaken further after breaching 88 per U.S. dollar, despite facing pressure from hefty U.S. tariffs and foreign equity outflows. While a slight recovery is expected in the near term,…

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  • 8th Pay Commission: AIDEF seeks review of DA and DR inflation formula to better reflect living costs

    Rising inflation concerns spark fresh demands for reform as Defence employees urge the 8th Pay Commission to overhaul the DA and DR calculation formula. AIDEF says the current inflation index fails to reflect the true cost of living for employees and pensioners.

  • 8th Pay Commission may revamp HRA structure as employee unions seek higher rates and DA linkage

    Rising living and housing costs have intensified calls for major reforms to the 8th Pay Commission HRA. Employee unions have proposed higher HRA rates, DA-linked revisions and regular city reviews to ensure central government employees and pensioners receive better support against inflation.

  • ITR filing 2026: Can you claim corporate health insurance as a tax deduction? Only under these conditions

    Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question. 

  • '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.

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