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JSW Sarbloh Motors forms JV with Tomcar USA for production of ATV in India

JSW Sarbloh Motors has partnered with Tomcar USA to manufacture TX all-terrain vehicles in India, targeting defence and paramilitary agencies. Production is slated to begin by early 2026 at JSW’s Chandigarh facility, with upcoming field trials. This joint venture aims…

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Riding high on Wegovy, Novo Nordisk doubled its workforce. Now layoffs loom

Novo Nordisk faces potential layoffs after a period of rapid expansion fueled by the success of Wegovy. The company’s workforce nearly doubled in five years, but slowing sales and increased competition are now putting pressure on costs. A hiring freeze…

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EAM Jaishankar roots for increased Indian exports of agri, pharma to Russia

External Affairs Minister S. Jaishankar, after meeting Russian Foreign Minister Sergey Lavrov, reaffirmed India and Russia’s commitment to expanding bilateral trade. He stressed the need for a more balanced relationship by boosting Indian exports in sectors like agriculture, pharma, and…

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Rajya Sabha passes Online Gaming Bill amid opposition protests

Rajya Sabha has passed ‘The Promotion and Regulation of Online Gaming Bill’ amidst opposition protests. Union Minister Ashwini Vaishnaw highlighted the bill’s focus on promoting e-sports and online social games while addressing concerns about online money games becoming a public…

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Shadow fleet: How secret ships beat Western oil sanctions

Facing EU sanctions due to Rosneft’s stake, India’s Nayara Energy is reportedly utilizing a ‘shadow fleet’ to import oil and export refined fuels. This fleet, estimated at a fifth of global tankers, helps circumvent Western sanctions by obscuring vessel identities…

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Nazara’s ₹800 crore PokerBaazi bet at risk of being written off

Nazara Technologies anticipates a potential write-off of its ₹800 crore PokerBaazi investment if the proposed online gaming bill restricts real money gaming. Despite this risk, the company’s overall financial performance remains unaffected, with no current revenue contribution from real money…

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News

  • The debt-free trap: Why shunning all forms of credit can actually stunt your financial growth

    Before you vow to never borrow another rupee, here is a realistic look at how to make debt work for you—not against you.

  • Ex-Microsoft employee walked away from ₹1.9 crore salary, shares challenges of starting over

    Christian Harms, a former Microsoft employee, has opened up about leaving a corporate job that paid $200,000 (approximately ₹1.9 crore) a year in Switzerland to start over in Australia.

  • Dearness Allowance: Increase in basic salary component, 3-4% hike expected — Why is DA important?

    Dearness Allowance (DA) is a percentage of salary for central government employees and pensioners to offset inflation. Updated bi-annually, it rose from 58% to 60% in January 2026, benefiting 50 lakh employees and 65 lakh pensioners. Future hikes depend on AICPI data and government approval.

  • Can ₹50 lakh grow into ₹5 crore through mutual funds? Here's what a 15-year investment could deliver

    Meeting such a high-value financial goal requires careful planning, patience and the right investment strategy.

  • ITR filing 2026: Beyond Form 16 — avoid these costly income tax compliance mistakes

    Salaried workers who have switched employers, selected a suboptimal tax regime, claimed unsupported deductions, or omitted capital gains face heightened financial risks.

  • ₹10,000 SIP to ₹30 lakh: These large & midcap mutual funds led 10-year returns

    A ₹10,000 monthly SIP would have grown to over ₹30 lakh in these four large & midcap funds. Check the top-performing schemes and how they stack up over shorter investment horizons.

  • Foreign assets are coming soon in AIS: Compliance is about to become harder to ignore

    Information on foreign assets will increasingly show up in taxpayers' AIS, but the absence of an asset from the statement does not erase the legal obligation to disclose it.

  • EPFO interest credit: Here's how to check your EPF balance, e-passbook using portal, Umang app, SMS — Stepwise guide

    Labour Minister Mansukh Mandaviya said the EPFO has processed interest on provident funds of 34 crore members for FY26. Interest earned on EPF contributions is tax-exempt up to ₹1.5 lakh under Section 80C under the old tax regime.

  • RBI fixes SGB 2019-20 Series II redemption price at ₹14,199. Should investors redeem now?

    The Reserve Bank of India has fixed the premature redemption price for Sovereign Gold Bond 2019-20 Series II at ₹14,199 per gram. Investors who bought the bonds in 2019 have earned more than 300% in capital appreciation, but tax implications should also be factored into the decision.

  • What is a home loan top-up and when should you consider it?

    A home loan top-up can offer cheaper credit than a personal loan—but only if you understand the costs, eligibility rules and hidden pitfalls.

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