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India Inc turns to allowances as labour code squeezes salaries

New Delhi, June 11 -- India Inc. is using a wider menu of benefits and allowances to shield employees' take-home salaries from the impact of the new labour code, even as companies hand out muted salar... Read More


Stock recommendations for 11 June from MarketSmith India

Stock market recap, June 11 -- Indian equities ended marginally lower on Wednesday after late selling wiped out early gains. The Nifty 50 closed at 23,214.95, down 27.15 points, or 0.12%, after briefl... Read More


Alia Bhatt's Alpha is trending, but it's The La Femme Nikita comparisons that have everyone talking

New Delhi, June 11 -- The teaser of Alia Bhatt's upcoming spy thriller Alpha has created a stir online, with fans eagerly dissecting every frame of the action-packed preview. While many viewers praise... Read More


LTCG: How to save long-term capital gains tax - key exemptions and errors explained

New Delhi, June 11 -- Property and asset sellers often obsess over calculating their tax liabilities while completely missing out on valuable relief measures under the Income Tax Act, 1961. Strategic ... Read More


Zepto's IPO filing shows the challenge of cracking quick-commerce economics

New Delhi, June 11 -- Zepto's updated draft red herring prospectus shows a quick-commerce business still working through a basic question: how to make speed cheaper. Its average delivery cost per ord... Read More


The El Niño isn't 'Super' yet. But will 'The Little Boy' cast a long shadow over India?

New Delhi, June 11 -- Las Vegas, monikered 'sin city' for its casinos and strip clubs, launched an iconic ad campaign in 2003 to boost tourist inflows. The city assured visitors it knew how to keep a ... Read More


Top PSU financiers race to tap RBI's hedge window, eye $5 bn ECBs

Mumbai, June 11 -- Reserve Bank of India's (RBI) new hedging window that lowers the cost of dollar borrowings for the rest of the calendar year is set to spur a fresh wave of overseas fundraising by s... Read More


Stable cereal, pulse and vegetable prices offer relief amid West Asia war-driven inflation concerns

New Delhi, June 11 -- Prices of key cereals, pulses and vegetables have remained stable, providing relief to consumers and policymakers amid concerns that the West Asia war could push up India's food ... Read More


Farms to spike diesel, power demand for irrigation as monsoon may falter

New Delhi, June 11 -- India's farm economy could see a surge in diesel consumption and electricity demand this kharif sowing season, as likely below-normal monsoon rains forces greater reliance on gro... Read More


Manam Chocolate bets on premium market, raises $9 million

New Delhi, June 11 -- For decades, premium chocolate in India has largely meant imported Belgian and Swiss brands, but three-year-old homegrown player Manam Chocolate believes that is beginning to cha... Read More