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TeamLease Services to hire 45,000 people in FY26; CFO flags BFSI caution, IT slowdown, and AI pressure on entry-level salaries

As artificial intelligence (AI) reshapes the employment landscape, India’s IT sector is facing a double challenge—new job creation is slowing, and entry-level salaries are coming under pressure. At the same time, hiring sentiment in the BFSI sector remains cautious due…

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Tesla CFO Vaibhav Taneja named treasurer of Elon Musk’s ‘America Party’

Elon Musk has registered the America Party with the FEC, naming Tesla CFO Vaibhav Taneja as treasurer. The new party aims to oppose Trump’s “big, beautiful” tax bill. Taneja, who joined Tesla in 2017, recently made headlines for his substantial…

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boAt plans offline push in tier 2-3 cities, global expansion to aid growth, says CFO Rakesh Thakur

In an exclusive interview with ETCFO, the company’s chief financial officer, Rakesh Thakur said that his company now plans expansion in Middle East, Southeast Asia, and the SAARC countries, along with offline expansion within India including the tier 2 and…

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There is scope for a 25-bps repo cut in 2025… RBI will look at data, aid growth, says SBI MD Rama Mohan Rao Amara

SBI is navigating surplus liquidity, a welcome shift attributed to the RBI’s actions. The bank anticipates a further policy rate cut this year, contingent on factors like a normal monsoon. While deposit mobilization is challenging, SBI focuses on personalized customer…

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Jane Street case: Shankar Sharma raises concerns over exchanges’ oversight

Sebi’s interim order against Jane Street has brought renewed focus on the role of stock exchanges in overseeing market conduct. While the regulator noted that caution letters had been issued earlier, the extent of follow-up actions remains unclear. The situation…

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Nykaa expects mid-20s revenue growth in Q1 as beauty demand holds up, fashion recovers

Nykaa anticipates a consolidated net revenue growth in the mid-20% range for the June quarter, fueled by strong performance in its core beauty segment and a recovery in fashion. The beauty vertical is expected to drive GMV growth, while the…

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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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