The Employees' Provident Fund Organisation (EPFO) has approved a pilot initiative to automatically settle inoperative EPF accounts with balances of ₹1,000 or less, in a move aimed at simplifying withdrawals and ensuring faster access to funds for members. Under the new system, small unclaimed balances will be directly…
Shares of Mazagon Dock Shipbuilders Limited may remain in focus after reports indicated that India is moving ahead with a major defence acquisition involving six advanced Air Independent Propulsion (AIP) submarines. The proposed deal, estimated at around ₹99,000 crore, is expected to significantly strengthen the country’s underwater combat…
🔹 Shaily Engineering Plastics: Bags a ₹423 crore order from a domestic pharma company for the supply of pen injectors. 🔹 Premier Energies: Clarifies that recent tariff-related developments are industry-wide and confirms no undisclosed negotiations with US authorities. 🔹 Waaree Energies: States that the proposed 126% US solar…
Public Sector Banks (PSU Banks) have clearly strengthened their positioning in the current cycle, with deposit and credit growth trends turning more favourable compared to several large private sector peers. Deposit mobilisation has been healthy and, in many cases, stronger than private banks, aided by their extensive branch…
Union Budget 2026: Income Tax Expectations & Middle-Class Relief India’s Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026–27 on 1 Feb 2026, and taxpayers are keenly watching for income tax changes that could ease financial burden. Middle-income earners hope for higher standard deduction and…
On 29 January 2026, the Government of India presented the Economic Survey 2025–26, a detailed review of the nation’s economic performance and a guiding document ahead of the Union Budget 2026. Prepared by Chief Economic Adviser V. Anantha Nageswaran, the Survey outlines India’s robust growth path, rising investment…
Mastek Limited has announced a strategic partnership with KarbonWise, an AI-powered sustainability solutions provider, to strengthen carbon accounting, Scope 3 emissions tracking, and ESG integration through data-driven insights. The collaboration aligns with Mastek’s “Lead with AI” strategy and reinforces its commitment to sustainable innovation. Key Highlights Enhanced Carbon…
Adani Ports Secures ESG Rating Upgrade from MSCI Adani Ports and Special Economic Zone Limited (APSEZ) has received an upgrade in its Environmental, Social, and Governance (ESG) rating from Morgan Stanley Capital International (MSCI), improving from ‘CCC’ to ‘B’. The upgrade reflects APSEZ’s sustained efforts to strengthen its…
Poonawalla Fincorp Limited has released details of its related party transactions for the half-year ended September 30, 2022, highlighting key financial movements across its group entities. The disclosures include significant investments, dividend payments, and portfolio adjustments. Key Highlights Equity Investment: ₹819.71 crore in Poonawalla Housing Finance Limited (subsidiary)…
Hindustan Unilever Limited (HUL) announced that the National Company Law Tribunal (NCLT), Mumbai Bench, has sanctioned its scheme of arrangement for the demerger of its Ice Cream Business, including Kwality Wall’s (India) Limited. The approval marks a key milestone in HUL’s ongoing restructuring to create more focused and…
