Business

5-member NCLT bench stays Subhash Chandra ‘6.5cr repayment order

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NCLT stayed its earlier order allowing Subhash Chandra to settle his personal insolvency proceedings NEW DELHI: National Company Law Tribunal (NCLT) on Tuesday stayed its earlier order allowing Zee Group founder Subhash Chandra to settle his personal insolvency proceedings by paying Rs 6.25 crore as against admitted claims of Rs 22,006.57 crore and also restrained … Read more

Sun Pharma offers US cheaper drug supply

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Sun Pharma has offered Most Favoured Nation (MFN) pricing to US Medicaid programme New Delhi: Facing the threat of potential tariffs, India’s largest drug firm, Sun Pharma has offered Most Favoured Nation (MFN) pricing to US Medicaid programme under an agreement with the Trump administration. MFN pricing typically ensures that a buyer procures at the … Read more

Start with Rs 25,000 basic salary, end with Rs 1 crore corpus: How EPF compounding math can make you a crorepati at 8.25% interest in less than 30 years with 6% annual increment

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Over time, the interest earned on the accumulated balance earns interest, allowing compounding to steadily increase your retirement savings. Being a crorepati and accumulating a corpus of over Rs 1 crore is often a financial goal for money. But when you are thinking of SIPs, mutual funds, stock markets, ETFs, gold, silver, one quiet savings … Read more

UPI gets festive boost: Digital payments hit a record 24.51 billion transactions in August

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Digital payments hit a record 24.51 billion transactions in August Unified Payments Interface (UPI) hit a new monthly high in August, with transaction volumes crossing 24 billion for the first time in a month and reaching 24.51 billion, according to data released by the National Payments Corporation of India (NPCI) on Tuesday.The record came as … Read more

India’s tech workforce gets another jolt: Oracle is cutting around 3,000 jobs while Microsoft puts about 500 employees on PIPs as companies shift budgets towards newer skills

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India’s IT hiring landscape is undergoing a significant change. Layoffs have headlined the global tech landscape for over a year now and the trend continues as the industry faces one its biggest disruptions in recent years. In India too the tech hiring and firing situation is evolving fast.Global tech giant Microsoft has put around 500 … Read more

India’s PMI slips to 52.8 as factory growth loses steam, hits five-year low

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India Manufacturing PMI falls to 52.8 in August India’s manufacturing sector lost further momentum in August, with slower output and new orders dragging factory activity to its weakest level in five years. Employment also fell for the first time in two-and-a-half years, marking a broader slowdown in the sector.The seasonally adjusted HSBC India Manufacturing Purchasing … Read more

India’s GDP grows 7.8% in Q1: Factors powering the economy despite global turmoil

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India’s GDP grows 7.8% in Q1 War next door. Markets on edge. Commodity prices swinging. Yet India’s growth engine continues to run strong, clocking a 7.8% GDP growth for the April-June quarter.The Q1 numbers for the financial year 2026-2027 are particularly significant as they beat expectations and comfortably exceeded the Reserve Bank of India’s 7% … Read more

He hit Rs 1 crore net worth at 26, Rs 5 crore at 29 and Rs 7 crore at 31; how Bengaluru techie paid off property debt and survived a failed AI app on his financial independence, retire early journey

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One individual on Reddit claims that he has achieved a net worth of Rs 7 crore at the age of 31. (Image for representative purpose) Financial independence has always been a talked about subject, what is changing however is the trend of FIRE – which means Financial Independence, Retire Early. Several people are sharing their … Read more