Non-resident Indians cannot directly transfer Public Provident Fund proceeds abroad; funds must first move to an NRO account and then be repatriated following RBI and banking rules, officials clarify. Non-resident Indians cannot send Public Provident Fund money abroad directly when…
N Chandrasekaran’s decision to resign as Tata Sons chairman signals a pivotal moment for India’s largest conglomerate, as it navigates new ventures, strategic friction, and a substantial capital investment cycle. N Chandrasekaran’s decision to step down as chairman of Tata…
Essar Oil plans over Rs 1,600 crore investment to upgrade its Vadinar refinery, enhancing capacity, crude processing, and refining margins, positioning it among the world’s most complex refineries. Essar Oil said it plans to spend more than Rs 1,600 crore…
Sugar stocks in India surged amid tightening stock limits and soaring domestic prices but reversed course after the government authorised duty-free imports of raw sugar, signalling a shift in market dynamics ahead of festival season. Sugar stocks were among the…
Indian stocks faced weekly declines amid rising crude oil prices and escalating tensions in the Strait of Hormuz, with investors closely monitoring geopolitical developments, Federal Reserve minutes, and global energy markets influencing market sentiment. Indian equities ended the week under…
Generative AI has transformed traditional family scams into sophisticated, scalable fraud networks, posing a new era of danger for all, especially vulnerable older adults, as law enforcement warns of a rise in convincing deception tactics. A family scam that once…
India is reworking its airport privatisation strategy amid fears that existing private operators dominate the sector and risk over-leverage, leading to proposed measures to diversify the bidding landscape and prevent monopolistic control. India’s plan to hand over a new set…
Despite structural challenges and global headwinds, Europe’s stockmarket has outperformed expectations in 2026, driven by international revenue, sector rotation, and investor demand for diversification, setting the stage for further gains amid a favourable outlook. Europe’s equities are telling a very…
The Employees’ Provident Fund Organisation is exploring a new pension plan for construction workers, utilising unspent Building and Other Construction Workers cess funds, as part of a broader push to enhance social security for informal economy workers across India. The…
A new analysis reveals a widening gap between rising sales and subdued salary increases across Indian companies, as technological shifts and labour law changes reshape corporate cost structures and profit margins. India Inc’s June-quarter numbers point to a widening gap…
