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India Inc records fewer big-ticket deals in Q2 at USD 17 bn, Banking and PE hold momentum

India Inc.’s dealmaking activity slowed in Q2 2025, with values plunging 48% quarter-on-quarter amid global geopolitical and economic uncertainties, according to Grant Thornton Bharat. The quarter’s M&A activity remained subdued with a single one billion-dollar deal, while private equity remained…

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Two and three wheelers rides in fast lane for Uber

“In India, more than three out of every five trips are now on two-wheelers or three-wheelers,” Prabhjeet Singh, president, Uber India and South Asia told ET.

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US bankruptcy court holds Byju Raveendran in contempt for failure to comply with its orders

The court has further directed Raveendran to comply with the discovery orders. “Raveendran shall remit to the clerk of court the sum of $10,000 for each day he remains in contempt of the orders,” it said. In American legal parlance,…

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Bharat Bandh hits services across India; 10 key updates from major cities

A nationwide Bharat Bandh, called by trade unions and farmer groups, disrupted key sectors like banking, transport, and power. Over 25 crore workers protested against government policies, impacting banking operations significantly, especially in Gujarat. Transport networks faced blockades and delays…

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360 ONE gets CCI approval to acquire UBS India’s wealth and lending businesses

The Competition Commission of India (CCI) approved the acquisition of wealth and lending units of UBS AG by 360 ONE Group entities.

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Recovery of income-tax dues doubles to Rs 20,000 crore in Q1

The Central Board of Direct Taxes (CBDT) has significantly ramped up its recovery efforts, collecting ₹20,000 crore in outstanding dues in the first quarter of this fiscal year, nearly double the amount recovered in the same period last year. With…

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  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

  • ITR filing 2026: Who pays a taxpayer's tax dues after death? Do they have to pay from their own pocket?

    After a taxpayer's death, their legal heirs or legal representative is responsible for filing ITR on their behalf. Legal heirs are not liable for a deceased taxpayer's tax dues beyond inherited asset value.

  • Missed declaring FD income last year? Here's how you can rectify it and what happens if you ignore it

    Fixed deposits offer safe, assured returns but are taxable under income tax laws. Taxpayers who missed declaring FD interest can file an updated return (ITR-U) within four years, allowing for corrections with varying additional tax penalties based on the filing time. Details here.

  • Power of compounding: Become crorepati with ₹12,500/month PPF contribution—Here's how you can build ₹6.75 crore corpus

    Investment planning should align with current finances, risk tolerance, and future goals. The Public Provident Fund (PPF) offers a safe, low-risk option for long-term savings, providing tax benefits and guaranteed returns, making it an ideal choice for wealth building.

  • AMFI seeks review of decade-old $7 billion overseas MF investment cap

    AMFI plans to again approach RBI, Sebi and the government to raise the decade-old overseas investment cap for mutual funds. The industry says a higher limit will give investors greater access to global markets.

  • Buy Nvidia at 2 am on a Sunday? How Indians can own tokenised US stocks and how they differ from traditional trading

    Nvidia's stock surged over 1,000% since the ChatGPT release, becoming the world's most valuable company. Investors are now eyeing other AI chipmakers like Micron and Sandisk, while tokenized stocks offer a new way to invest in these companies.

  • Bitcoin crash far from over? Experts see another 30% downside to $42,000 | Buy, sell or hold?

    Bitcoin futures dropped to $58,995 on Thursday, over 50% below last year's peak, with predictions indicating a further decline to around $42,000-$44,000 by year-end. Profit booking across assets and rising AI investments contribute to selling pressure amid a strong U.S. Dollar Index.

  • Income-tax returns: How much rebate can you claim under Section 87A? Eligibility and rules explained

    Income-tax returns: Filing your ITR for AY27 / FY26, here's how much rebate you can claim under Section 87A of the I-T Act. We explain the eligibility criteria, tax regime details and rules for taxpayers.

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