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Ingenious e-Brain expects to triple its scale by 2028

Ingenious e-Brain expects to triple its scale by 2028

In recent years, India’s consulting industry has witnessed unprecedented growth and is projected to expand to $24 billion in 2025, a significant leap from $7.8 billion in 2020. These positive trends highlight the robust growth of the global management consulting industry, valued at $316.5 billion in 2021 and is anticipated to reach $811.3 billion by …

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New microfinance guardrails from June 1 while Tamil Nadu plans to regulate recovery operations

New microfinance guardrails from June 1 while Tamil Nadu plans to regulate recovery operations

Kolkata: Microfinance self regulator Sa-Dhan has tightened the guardrails as the asset quality stress continues to bother the lenders to the bottom of the pyramid segment. The sector may see fresh delinquencies especially from Tamil Nadu with the state government planning to enact a law to regulate microfinance operations in the state, in line with …

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Hybrid mutual fund schemes’ inflow moderates in FY25; number of investors, AUM soar

Hybrid mutual fund schemes’ inflow moderates in FY25; number of investors, AUM soar

Hybrid mutual fund schemes attracted Rs 1.19 lakh crore in 2024-25, 18 per cent lower than the preceding fiscal, owing to market turbulence in the second half of FY25 triggered by corporate earnings slowdown and geo-political tensions. Despite the moderation in inflow, the category has seen a robust increase in both the number of investors …

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TDS on Rent: How to get a refund for excess TDS deducted from house rent payments? Here’s a step-by-step guide

TDS on Rent: How to get a refund for excess TDS deducted from house rent payments? Here’s a step-by-step guide

If you are paying house rent above Rs 50,000 per month then you need to deduct TDS at 2% rate on the house rental payments from October 1, 2024. However, prior to October 1, 2024 this rate of TDS was 5%. This change in rate of TDS may have caused confusion among tenants as lately …

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Odisha govt is offering better compensation to speed up land acquisition: Hemant Sharma

Odisha govt is offering better compensation to speed up land acquisition: Hemant Sharma

The new government’s vision for Odisha’s industrial development prioritises job creation, focussing on sectors that can generate maximum employment opportunities, says Hemant Sharma, Additional Chief Secretary, Industries & MSME, Odisha, and Chairman, Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL).In an interaction with ET Digital, Sharma says that the state government is accelerating land …

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NFO Alert: Edelweiss Mutual Fund launches BSE Internet Economy Index Fund

NFO Alert: Edelweiss Mutual Fund launches BSE Internet Economy Index Fund

Edelweiss Asset Management Limited has announced the launch of Edelweiss BSE Internet Economy Index Fund – an open-ended index fund replicating the BSE Internet Economy Total Return Index. The new fund offer or NFO of the scheme will open for subscription between April 25 and May 9. Also Read | NFO Insight: Motilal Oswal Infrastructure …

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New 1% TCS: Know the list of specified goods, threshold, effective date and more as CBDT releases FAQ

New 1% TCS: Know the list of specified goods, threshold, effective date and more as CBDT releases FAQ

As per the Finance Minister’s announcement made in the July 2024 Budget, a new tax collected at source (TCS) has been imposed on a specified list of luxury goods sold in India effective from April 22, 2025. In this regard the Central Board of Direct Taxes (CBDT) has issued two notifications and one frequently asked …

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