Month: July 2025

PM Internship Scheme: 6% of recipients of offers have joined work so far

July 21, 2025 admin

Photo: pminternship.mca.gov.in A little more than 50,000 candidates have so far accepted the 1.53 lakh offers made by companies under the Prime Minister Internship Scheme (PMIS), according to data provided by the government to the Lok Sabha. Of those who have accepted, 8,700 or about 6% have so far joined their respective companies as interns….

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Parliamentary panel retains Income Tax Bill provisions allowing tax officials to forcibly access social media, private email

July 21, 2025 admin

The Parliamentary Select Committee appointed to review the new Income Tax Bill 2025 proposed by the government has retained the provisions in the new Bill empowering tax officials to access, forcibly if necessary, the social media and private emails of people they are conducting search and seizure operations on. The Income Tax Bill 2025 was…

Business

A note on multi-asset funds

July 21, 2025 admin

The number of asset management companies (AMC) have increased over the years. This makes it difficult for product differentiation in the equity space, as funds typically invest within the universe of 500 stocks comprising large-caps, mid-caps and small-caps. It is, therefore, not surprising to see AMCs creating different products to woo investors. A differentiating product…

Business

Personal loan: avoid 5 mistakes

July 21, 2025 admin

Personal loan is often the preferred credit option for those seeking quick credit access with minimal documentation and no collateral. However, this ease of access leads many borrowers to overlook crucial aspects, leading to higher interest costs, unexpected charges or even a debt trap. Here are five common mistakes loan applicants should avoid: Not getting…

Business

Money making money even while one is asleep

July 21, 2025 admin

If a child pesters his father for money, his usual retort would be, “Do you think I’m out there shaking a money tree.” Yes, in a way, he is right, you can’t just pluck money off a tree. But even a small penny is like a seemingly small seed, which when nurtured and nourished carefully,…

Business

India’s electronics exports jump 47% in Q1; U.S., UAE, China top destinations

July 20, 2025 admin

Image used for representative purpose only. | Photo Credit: Mohammed Yousuf The U.S., UAE, and China have emerged as the top three export destinations for India’s electronics sector during April-June quarter of 2025-26, according to the Commerce Ministry data. The Netherlands and Germany are other major export destinations for the country’s electronic exports. During April-June…

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India-EFTA trade pact to be implemented from October 1: Piyush Goyal

July 19, 2025 admin

The Free Trade Agreement between India and the four-nation European bloc EFTA will be implemented from October 1, Commerce and Industry Minister Piyush Goyal said on Saturday (July 19, 2025). The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. Under the pact, India has received an investment commitment of…

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Gujarat tops in production and export of processed potatoes in India

July 14, 2025 admin

Farmer harvesting Red Potato, especially harvested for McCain French Fries at Deesa farm in Ahmedabad, Gujarat. | Photo Credit: Vijay Soneji Gujarat recorded a total production of 48.59 lakh tonnes of potatoes in the 2024–25 season, which includes varieties cultivated for processing into French fries and wafers, officials said on Monday. The State has emerged…

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Assam’s Woolah Tea secures patent for India’s first bagless tea

July 2, 2025 admin

Woolah bagless tea | Photo Credit: Prabalika M Borah Assam’s first bagless tea brand, Woolah Tea, has been granted a 20-year patent (No. 567895) for its innovative ‘compressed true whole leaf tea dips and method thereof’ (patent name). Founded by Upamanyu Borkotoky and Ansuman Bharali from Sibsagar district in Assam, Woolah is a start-up rooted…

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