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Business

Unprecedented Growth: India's Microfinance Sector Skyrockets Over 2,100% in 12 Years

India's microfinance sector has seen a phenomenal growth of over 2,100% in the past 12 years, serving millions and contributing significantly to the GDP. Challenges include funding...

Business

TCS Reports a 12% Profit Surge in Q3: Announces Rs 10 Interim Dividend and Rs 66 Special Dividend

Tata Consultancy Services (TCS) announced a 12% increase in Q3 net profit, reaching Rs 12,380 crore, and declared an interim dividend of Rs 10 per share plus a special dividend of ...

Business

L&T Chairman Sparks Debate: Advocates for 90-Hour Work Week Following Narayana Murthy's 70-Hour Proposal

L&T Chairman SN Subrahmanyan's advocacy for a 90-hour work week has sparked a debate on work-life balance, following Narayana Murthy's 70-hour work week suggestion. His comments, p...

Business

IDFC FIRST Bank Unveils Digital Academy to Boost Financial Literacy Across India

IDFC FIRST Bank launches a digital academy aimed at improving financial literacy in India. Offering 35 courses across three levels, the initiative provides accessible, interactive ...

Business

Maximizing Tax Savings: Essential Guide for Salaried Employees on Investment Proofs Submission

Salaried employees must submit investment proofs to reduce tax liability under the old tax regime. Key deductions include HRA, Section 80C, and health insurance premiums. Early sub...

Business

EY Proposes Major Income Tax Reforms for Budget 2025: Exemption Limits and Tax Rates in Focus

EY recommends raising the basic exemption limit to Rs 5 lakh and reducing income tax rates in Budget 2025. The firm also calls for simplifying tax laws, reducing litigation, and pr...

Business

Exploring Tax Relief Needs in the Run-up to Budget 2025: A Look into Deduction-Related Reforms

As Budget 2025 approaches, the debate over the old versus new tax regimes intensifies, with a focus on the need for deduction-related reliefs in the new regime to ensure fairness a...

Business

HSBC Downgrades India to 'Neutral': A Deep Dive into the 2025 Sensex Target and Market Implications

HSBC downgrades India to 'neutral' from 'overweight', setting a 2025 Sensex target of Rs 85,990 amid concerns over corporate profits and high valuations. Despite India's 25% growth...