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Service output index to debut next month with FY25 base

India is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Production Index. This initiative aims to precisely track the growth of the vital services sector, which forms the backbone…

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CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reforms

India’s economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures. The new CII president, R Mukundan, advocates for a GST Council-like body to drive crucial reforms across sectors like…

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Adani Group made record investment of over Rs 1.5 lakh crore in hard infrastructure in FY26

The Adani Group made a record capital investment of more than Rs 1.5 lakh crore in hard infrastructure in FY25-26, the Adani Group Chairman said on Wednesday.

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Big Six tighten grip on India's audit market despite mandatory rotation

Despite mandatory auditor rotation, India’s largest audit firms are consolidating their dominance, auditing 66% of Nifty 500 companies. Grant Thornton and BDO are gaining ground, fueled by Big Four conflicts. While companies rotate auditors, they largely select from a small…

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Financial services emerge as India Inc's biggest value creator, led by HDFC Bank, ICICI Bank and NSE

From HDFC Bank and ICICI Bank to NSE and BSE, India’s financial sector dominates the 2025 Burgundy Private Hurun India 500 with 83 companies, driving value creation, profits and tax contributions, and recording 32% growth over the past five years.

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Hurun India 500: NSE retains India’s most valuable unlisted company tag, ahead of Serum Institute, Adani Properties

The National Stock Exchange (NSE) leads India’s most valuable unlisted companies with a Rs 4.86 lakh crore valuation, according to the 2025 Burgundy Private Hurun India 500 report. This comes as NSE files for a massive IPO. India Inc. now…

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  • Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?

    Warren Buffett plans to give away his $140 billion stake in Berkshire Hathaway by 2034, donating 12 million shares to four foundations. He emphasises his children's responsibility in managing the wealth while facing criticism over the effectiveness of foundations for aiding vulnerable Americans.

  • Income-tax returns: What is the last date to file your ITR? Here are 5 key things taxpayers should know…

    ITR deadline: While the overall e-filing process has become quicker, the process can be daunting for first-time filers. Here are five key things taxpayers should know to prepare before filing ITR.

  • EPFO underpaid EPS pension by ₹1,350; consumer commission orders refund with interest

    A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee's EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.

  • Financial freedom at 32, but at what cost? The ₹4.5 crore health warning

    A 32-year-old struggled with health due to long work hours and poor self-care, leading to a diabetes and hypertension diagnosis. His story highlights the relationship between health and financial risk, emphasizing the need for professionals to prioritize well-being alongside career goals.

  • Annapurna Bhandar payment status: Where to complain if money is not credited | Check helpline no & email id

    Women awaiting payments from the Annapurna Bhandar scheme are checking the status of their funds. The scheme replaces the Lakshmi Bhandar and offers helpline numbers for assistance. Possible reasons for delayed payments include banking issues and incorrect application information.

  • Did not file your ITR yet? Why waiting for a deadline extension could hurt your wallet

    Missing the ITR deadline leads to penalties and interest on the unpaid taxes where applicable. Here's why a due date extension is unlikely this year and hence taxpayers should consider filing their tax returns on time. 

  • EPFO: How members can check provident fund, pension claim status using portal, Umang app, SMS or missed call

    EPFO: Today, look at how EPF subscribers can check their claim status — for provident fund withdrawal, transfer, or pension fund — in real-time using the official portal, Umang mobile app, SMS and missed call options.

  • ITR filing 2026: Can professionals and business owners change their tax regime every year?

    The new tax regime is the default for taxpayers, with salaried individuals able to choose annually. Business income taxpayers face restrictive rules, allowing a one-time switch between regimes. 

  • FD at PSU banks vs private banks vs SFBs: Highest interest rates for senior citizens | Check list here

    Fixed deposits offer senior citizens stable returns, protecting their savings from market volatility. Leading small finance banks provide competitive rates for different tenures. 

  • How to pay income tax online? Step-by-step guide and payment modes available

    The e-pay tax facility is a convenient option to pay taxes online as it allows payments via both pre-login and post-login options, and supports multiple payment methods. Details here. 

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