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PM Modi highlights startup growth and Rs 1 lakh crore Innovation Fund

PM Modi highlights startup growth and Rs 1 lakh crore Innovation Fund

Business Line

Prime Minister Narendra Modi on Saturday highlighted India’s startup growth and a Rs 1 lakh crore Innovation Fund. He said, "Bring your dreams, we will ensure there is no shortage of resources." The Startup India campaign helped create 2.5 lakh registered startups, which gave jobs to many people across the country.

Tap to Read More15 Aug 10:08 AM
Karnataka hikes pollution testing fees; two-wheelers to pay Rs 80, diesel vehicles Rs 200

Karnataka hikes pollution testing fees; two-wheelers to pay Rs 80, diesel vehicles Rs 200

MoneyControl

The Karnataka government hiked pollution testing fees for vehicles starting August 15. Two-wheelers now pay Rs 80, while diesel vehicles cost Rs 200. The state said the rise covers higher operating costs like rent and electricity. Association president Yogesh said, "It is a long-pending revision" for all testing centre owners.

Tap to Read More15 Aug 10:19 AM
Top 5 India-focused offshore equity funds and ETFs in Q1FY27. Check details - Best performers

Top 5 India-focused offshore equity funds and ETFs in Q1FY27. Check details - Best performers

Economic Times

India-focused offshore equity funds and ETFs delivered returns up to 32.7% in Q1FY27, outperforming the MSCI India USD Index which fell by 12%. Taishin India led the list with a 32.7% return. Other top performers included Aditya BSL India, SBI Resurgent India, AsahiLife Neuberger, and Wasatch Emerging India Investor funds.

Tap to Read More15 Aug 7:46 AM
Why your credit card application may not make it through

Why your credit card application may not make it through

MoneyControl

Many people assume a good salary is enough to get a credit card, but banks look at much more. A weak credit history, missed EMIs, or too many recent applications often lead to rejection. Simple errors like incorrect PAN details or incomplete KYC documents can also derail your approval process.

Tap to Read More15 Aug 8:08 AM
Tender invited for new Sevoke bridge, Rs 844 crore set aside for six-lane structure

Tender invited for new Sevoke bridge, Rs 844 crore set aside for six-lane structure

The Telegraph

The Centre on Friday floated a fresh tender for a new six-lane bridge over the Teesta at Sevoke. This Rs 844 crore project aims to ease traffic pressure on the colonial-era Coronation Bridge. Darjeeling MP Raju Bista said, "I am so happy that the work will begin soon."

Tap to Read More14 Aug 10:46 PM
CBDT's foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay?

CBDT's foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay?

mint

The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until 31 December 2026. "The aggregate value of the undisclosed asset located outside India must not exceed ₹1 crore," said the notification. Paying 60% of the value ensures legal immunity.

Tap to Read More15 Aug 9:35 AM
₹5 lakh investment plan: How to allocate your money wisely by age, risk and financial goals

₹5 lakh investment plan: How to allocate your money wisely by age, risk and financial goals

Livemint

A ₹5 lakh savings corpus can be the starting point of a well-thought-out investment journey. Sarvjeet Singh Virk said, “An investor’s approach to ₹5 lakh should evolve with age, financial goals and risk capacity.” You should use a mix of equities, gold, and fixed deposits based on your specific life stage.

Tap to Read More15 Aug 8:39 AM
Jeff Bezos-backed consortium led by Amit Bhatia buys minority stake in Liverpool

Jeff Bezos-backed consortium led by Amit Bhatia buys minority stake in Liverpool

The Economic Times

Fenway Sports Group on Saturday announced that a consortium led by Amit Bhatia, including Jeff Bezos, bought a minority stake in Liverpool Football Club. FSG will keep majority control of the club. FSG president Mike Gordon said, "Their experience and perspective will complement the strong foundation already in place."

Tap to Read More15 Aug 8:47 AM
NPS performance 2026: Tata Pension Fund leads equity scheme with 15.46% since inception; check details

NPS performance 2026: Tata Pension Fund leads equity scheme with 15.46% since inception; check details

Business Today

Tata Pension Management leads the NPS equity scheme with 15.46% returns since inception. Tata also got the top spot for one-year and three-year periods at 13.84% and 17.89%. Many other managers showed strong results across different timeframes. Experts said, "returns can vary substantially across pension fund managers depending on the investment."

Tap to Read More15 Aug 8:58 AM
He accepted another job without telling his manager; then his resignation triggered a counteroffer and an awkward conversation

He accepted another job without telling his manager; then his resignation triggered a counteroffer and an awkward conversation

The Economic Times

A Reddit user’s resignation triggered a tense talk after they accepted a new job without telling their manager. The manager questioned why the employee kept the search private. When the company offered a late counteroffer, the manager said they could just hire someone else for less pay instead.

Tap to Read More15 Aug 9:06 AM
RBI proposes 3-month MCLR reset for loans: What could change for borrowers and their monthly EMIs

RBI proposes 3-month MCLR reset for loans: What could change for borrowers and their monthly EMIs

Livemint

The Reserve Bank of India proposed a new three-month moving average method for calculating MCLR. These draft directions, set to take effect from April 1, 2027, aim to bring transparency to loan pricing. Banks must also ensure the reset period for floating-rate loans does not exceed three months for all borrowers.

Tap to Read More15 Aug 9:14 AM
India Inc hails PM's growth vision, backs self-reliance push

India Inc hails PM's growth vision, backs self-reliance push

Business Line

India Inc welcomed Prime Minister Narendra Modi’s 80th Independence Day address on Saturday. Industry leaders said they look forward to working with the government to boost investment and manufacturing. Chandrajit Banerjee said, "His call for Atmanirbhar Bharat reflects our growing confidence to build a self-reliant, future-ready nation," supporting the vision.

Tap to Read More15 Aug 9:20 AM
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