Banking And Finance
I asked Gemini to compare Northeast vs Himachal-Uttarakhand for summer vacation in June — here’s the winner
Planning a family summer vacation is mostly about three things: endless debates, the sudden realisation that June brings the monsoon, and sheer panic. Torn between the lush, rainy magic of…
Nischa Shah left £200,000 banking career to build a $1 million YouTube business- here’s her story
Leaving a well-paid corporate job is a dream many professionals discuss but few actually pursue. For Nischa Shah, the decision meant walking away from a career in investment banking that…
Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?
I am a resident of India and want to gift ₹25 lakh to my daughter, who is an NRI and has been residing in the USA for the past four…
Can EPFO recover PF money after employer’s violation? Telangana HC delivers key ruling
The Telangana High Court has held that the (EPFO) cannot seek recovery of provident fund dues from a retired employee merely because the employer allegedly violated EPF rules after surrendering…
Market
Markets rally on easing West Asia tensions, crude slump
rallied on Monday as easing tensions in West Asia and a sharp fall in crude oil prices lifted sentiment, with investors betting that lower energy costs could improve India’s macroeconomic…
SEBI introduces dynamic price bands for ETFs
The Securities and Exchange Board of India (SEBI) has revamped the trading framework for exchange traded funds (ETFs), introducing dynamic price bands, a new methodology for determining base prices and…
Government to sell up to 5% stake in General Insurance Corporation
The Indian government plans to sell up to a 5 per cent stake in General Insurance Corporation (GIC) via an offer for sale (OFS), the state-run insurer said on Monday.…
12 ships carrying 6 lt of urea and DAP may head to India once Strait of Hormuz opens
The Indian government on Monday said that with a stock of 196.65 lakh tonnes (lt) of fertiliser as of June 14, the availability of the crop nutrients is sufficient to…
Market
Lithium-ion battery financing startup PointO plans to enter South India, looks to tie up with banks
Kolkata-based start-up PointO, which is in the business of EMI-based lithium-ion battery financing, is planning to enter new geographies, especially South India, as it is looking to widen its customer…
India steps up farmland checks near Tata’s iPhone parts factory in Bengaluru over groundwater contamination fears
Indian officials stepped up government checks on farmland surrounding Apple supplier Tata’s iPhone parts factory near Bengaluru on Monday, after Reuters reported state authorities found discharge from the plant had…
Anthropic AI subscription controversy: Lawsuit alleges deceptive marketing of Max 5x and Max 20x usage plans
Anthropic is facing a federal class-action lawsuit for allegedly misleading customers about usage limits in its premium subscription tiers, according to a report. The complaint, filed on behalf of Washington,…
Nvidia kicks off first corporate bond offering in 5 years, targets $20 billion raise
Chipmaking giant Nvidia Corp. is looking to sell at least $20 billion of bonds on Monday, joining a wave of companies that are borrowing as they pay for investments in…
Axis
