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Plugging into global value chains key to next phase of PLI success: CEA Nageswaran

CEA V. Anantha Nageswaran says India must move from indigenisation to strategic resilience by plugging deeper into global value chains, even as mobile exports surge under the PLI scheme.

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India should attract Chinese firms to manufacture here like Apple: CEA Nageswaran

Chief Economic Adviser V Anantha Nageswaran told ETBFSI that reducing dependence on China requires India to attract foreign companies in China exporting to India, as seen in Apple’s case. How can India replicate this model? What’s needed to strengthen manufacturing,…

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India CPI inflation likely fell to multi-year low of 0.48% in October: Reuters poll

India’s consumer inflation likely hit a decade low in October, driven by falling food prices and a higher comparison base. Economists suggest a GST cut also contributed, though some warn of potential supply-side shocks impacting future food inflation. Core inflation…

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State-owned PFC net profit rises 9% to ₹7,834.39 cr in Q2

Power Finance Corporation reported a nearly 9% rise in its September quarter net profit to ₹7,834.39 crore, driven by higher revenues. The company also declared an interim dividend and saw a 17% increase in consolidated Profit After Tax for H1…

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Trilegal, JSA steer Studds’ INR 455 cr IPO

This marks the first-ever IPO by a two-wheeler accessories brand in India. The IPO was oversubscribed by 73.25 times.

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Quick commerce to stay competitive, food delivery remains profit engine: Bernstein Research

Quick commerce in India is expected to remain intensely competitive in the coming years, while the food delivery segment will continue to serve as the main profit engine for online platforms, noted a report by Bernstein Research.

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News

  • Retired before April 2023? ITAT allows LIC employee to claim tax exemption on ₹9.04 lakh leave encashment

    A retired LIC employee won ITAT Jaipur relief on ₹9.04 lakh in leave encashment after the tax department restricted her exemption to ₹3 lakh. The ruling examines whether the enhanced ₹25 lakh limit introduced in 2023 can benefit employees who retired earlier.

  • Gold price forecast: Why investors expect record highs within 2 years

    For now, investors  see continued central bank buying and demand for safe-haven assets as key supports for bullion. However, predictions of fresh record highs remain forecasts rather than guarantees.

  • Sundaram Finance hikes interest rates on fixed deposits; offers up to 8% returns — check details and effective date

    Sundaram Finance has raised fixed deposit rates from October 16, 2026. Check revised rates across different tenures. 

  • Why a higher salary may not improve your financial security: 5 money habits that can eat into your savings every month

    Salary hikes may not increase savings if lifestyle expenses rise alongside income. Here are five money habits young professionals should watch, from lifestyle inflation to emergency fund planning.

  • EPFO extends September 2026 PF filing deadline to 31 October: What employees should check

    EPFO has extended the deadline for employers to file September 2026 PF returns and deposit contributions to 31 October from 15 October. The extension follows the revision of the PF wage ceiling and gives employers more time to complete compliance formalities.

  • Diwali bonus: Will your festive payout be taxed? What salaried employees need to know

    Diwali cash bonuses from employers are taxed as salary at the employee’s applicable tax rate. Here's when gifts are exempt from tax and how to report it in ITR. 

  • Widow pension delayed for months? Andhra Pradesh High Court directs payment of arrears from the date of application

    The Andhra Pradesh High Court has directed authorities to pay widow pension arrears from the date of application, ruling that administrative delays cannot deprive eligible beneficiaries of their entitlement. The arrears must be paid within eight weeks. 

  • Buying your first health insurance policy at 26? Know the cover, add-ons and benefits to compare

    A 26-year-old earning ₹40,000 a month should prioritise adequate health insurance coverage, compare policy exclusions and hospital networks, and choose add-ons such as restoration, maternity and OPD benefits based on costs and individual needs.

  • How much salary do you need to live comfortably in a Tier 1 city? Here’s what a 25-year-old should aim for

    A 25-year-old living independently in a Tier 1 city may need a monthly take-home salary of ₹70,000 to ₹1.4 lakh to meet living expenses and save 20-30% of income, depending on the city and lifestyle.

  • Bharti Airtel vs Vodafone Idea: Top 5 mutual funds by exposure — could Reliance Jio's listing reshuffle portfolios?

    Reliance Jio Platforms IPO could reshape mutual fund exposure to India’s telecom sector. While some schemes have significant allocations to Bharti Airtel and Vodafone Idea, the impact will depend on valuations and fund managers' investment strategies. Here's what you need to know. 

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