NPS Monitoring Rule: The Department of Pension and Pensioners’ Welfare (DoPPW) has informed that an NPS oversight mechanism would be set up in each ministry and department to ensure proper monitoring of contributions made by central government employees towards the National Pension System (NPS). The Monitoring Rule for NPS (National Pension System), under the NPS
Gold prices ahead of Dhanteras, Diwali: Domestic gold prices have rallied nearly 30% in the past one year and are now hovering around Rs 80,000 per 10 grams level for the last one week. Since last year’s Diwali on November 10, the precious metal has seen its price jump from Rs 60,750 to Rs 78,700
Colgate-Palmolive (India) Ltd on Thursday reported its fiscal second quarter earnings with profit growth of 16.2 per cent at Rs 395.05 crore in comparison to Rs 340.05 crore during the corresponding quarter of FY24, missing estimates. This includes one-off credit related to interest on income tax refunds received during the quarter. The company posted its
Food delivery platform Zomato on Thursday confirmed the reports of increase in its platform fee to Rs 10 ahead of the festive season, and said that the same is not a rumour. The company stated that the fee hike is a routine business matter and is done from time to time. In a regulatory filing
KPIT Technologies shares plummeted 15% to an intra-day low of Rs 1,393.45 on management commentary about the weak outlook for the automobile industry. The company’s management pointed out that the automobile industry is under pressure due to regulatory changes and other things. Kishor Patil, Co-founder and CEO of KPIT Technologies said, “The Mobility Industry, specifically
Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch on Thursday skipped the Public Accounts Committee (PAC) questioning and said she would not be able to attend it due to “personal exigencies”. The crucial meeting of the Parliamentary panel was adjourned just hours before it was scheduled to start. PAC chairman K C
The company raised Rs 4,321.44 crore via a combination of fresh shares and an offer for sale. The company’s IPO price band ranged between Rs 1,427 to Rs 1,503 per equity share. A retail buyer had to apply for a minimum of 9 shares and then in its multiple, which amounted to Rs 13,527 per
So, you’re on the hunt for a budget car and feeling like a contestant on a game show, trying to decide which vehicles deserve a spot in your driveway? Well, buckle up! The car market is about to unleash a whole fleet of affordable new rides which may end up making you do a little
Finance Minister Nirmala Sitharaman introduced significant changes to tax slabs under the new tax regime in the Union Budget yesterday, resulting in positive changes to the taxes you will pay for the financial year 2025-26. In her Budget speech, the FM stated that individuals earning up to Rs 12 lakh will pay NIL tax. However
In a bid to provide a fillip to Gujarat’s GIFT City, FM Nirmala Sitharaman announced several measures to further incentivise investment in Prime Minister Narendra Modi’s pet project. The incentives doled out in the Union Budget include a slew of incentives aimed at promoting investment, employment and off-shore funding at GIFT’s International Financial Services Centre
India Post, which has 150,000 rural post offices and 240,000 Dak Sewaks, will be repositioned to act as a catalyst for the rural economy, with its role being transformed as a large public logistics company. Also ReadTurn export challenges into opportunities with strategic road map The department, which has a Payment Bank — India Post
In line with the industry expectations and the target of achieving net-zero, the government announced a series of policy reforms aimed at promoting nuclear energy adoption and strengthening of the country’s electricity distribution and transmission sector. Also ReadNestle India misses estimates on weak urban demand The government envisages a 100 gigawatt (GW) of nuclear energy
Among the various items on wish lists ahead of the 2025-26 Union Budget, the ones that truly stood out included a continued infrastructure push, the revitalisation of micro, small and medium enterprises (MSMEs), and greater incentives for startups and innovation — especially in the emerging sectors — which could boost employment and spur domestic growth.
