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Business
Companies Seek Balance in Margins and Pricing Strategies
Mumbai: Brands are adjusting their strategies ahead of the festive season by localizing production, opting for alternatives, and eliminating non-essential product features to manage costs. CEOs acknowledge the need for…
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Business
IPO Expected to Enhance Value for Group Companies with Tata Sons Stake
MUMBAI: Nine Tata companies, including seven listed and two unlisted, collectively hold a 12.8% stake in Tata Sons. The listed firms account for 11.9% of this stake, which has been…
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Business
Your USDT Just Got Frozen by Tether. Here’s What Actually Happens Next
If you’ve just discovered that Tether has frozen an address holding your USDT, the first instinct is panic, followed almost immediately by a search for a number: how many days…
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Business
EPFO Delays Retiree’s Rs 14.06 Lakh PF Claim by 35 Days Over Missing Document
A consumer court in Mumbai has ordered the Employees’ Provident Fund Organisation (EPFO) to pay a retired employee 6% annual interest on a provident fund claim due to a 35-day…
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Business
UPI Payment Dominance: Is UPI Outpacing Cards in Merchant Transactions?
Walk into almost any shop in India today, from a kirana store to a roadside food cart, and you will likely see a small QR code taped near the counter.…
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Business
IMF Recognizes India as a Vital Growth Engine, Supports Changes to GDP Estimates
India’s economy has demonstrated robust growth, with real GDP increasing by 7.8% in the April-June quarter of FY27. The International Monetary Fund (IMF) praised this performance, attributing the growth to…
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Business
IRCTC Achieves Record 20.06 Lakh Ticket Bookings in a Single Day Amid Festive Demand Surge
The Indian Railway Catering and Tourism Corporation (IRCTC) has achieved a new milestone in online ticket bookings, with 89% of total train tickets now booked online. This surge in digital…
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Business
Indian Expat in Kuwait Transfers Over a Crore in Remittances, Faces Tax Scrutiny as ITAT Reviews Unexplained Income
An Indian expatriate working in Kuwait has received an income tax notice for failing to file an Income Tax Return (ITR) after transferring over ₹1 crore to his Indian bank…
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Business
FM Sitharaman Highlights Innovation Risks of AI, Advocates for Efficiency Without Compromising Stability
Finance Minister Nirmala Sitharaman addressed the Global Fintech Fest 2026, emphasizing the dual nature of artificial intelligence. She described it as a “double-edged sword,” capable of both detecting and perpetrating…
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Business
Uber Withdraws from Nigeria and Uganda: Challenges Facing Africa’s Ride-Hailing Market
Uber is exiting the Nigerian and Ugandan markets, ceasing operations in both countries effective September 2. This decision follows a 12-year presence in Nigeria and nearly a decade in Uganda.…
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Business
Global Fintech Fest 2026: RBI Governor Highlights India’s Role in Shaping Future Global Finance Architecture
NEW DELHI: Reserve Bank of India (RBI) Governor Sanjay Malhotra stated on Thursday that India is positioned to become a key player in shaping the future of global finance. Speaking…
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Business
FATF VP Highlights Ongoing Crypto Challenges, Emphasizes Need for Partnerships Beyond Regulators
MUMBAI: Vivek Aggarwal, the first Indian bureaucrat elected to the Financial Action Task Force (FATF), highlighted unresolved risks from virtual assets, including cryptocurrencies. He pointed to challenges posed by decentralized…
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Business
Government Enhances E-Commerce Regulations: Key Changes on Price Transparency and Dark Patterns Explained
The Indian government has amended the Consumer Protection (E-Commerce) Rules, 2020, to enhance regulations for online marketplaces. These changes focus on price transparency, search results, and consumer complaints, while also…
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Business
Internships Evolve into Hiring Pathways: Companies Transforming Interns into Full-Time Employees
In a job market marked by frequent layoffs, a new report from Deloitte India reveals a notable shift in hiring trends, particularly for entry-level positions. The report indicates that the…
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Business
Tax Officer Identifies Rs 5.15 Lakh Unexplained Income for Senior Citizen with Fixed Deposit and Cash Deposit
A senior citizen woman has successfully contested a nine-year-long tax dispute with the Income Tax Department, culminating in a favorable ruling from the Income Tax Appellate Tribunal (ITAT) Jaipur. The…
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