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FINANCIAL YEAR 2025 26
Jeff Bezos' ex-wife MacKenzie Scott donated $26.2 billion in five years, but why is she missing from the Chronicle of Philanthropy’s top 50 donors list?MacKenzie Scott, the ex-wife of Jeff Bezos, donated $26.2 billion over five years and $7 billion in 2025. Despite her significant charitabl...- Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
- Myntra swings to net loss of Rs 579 crore in FY26, revenue drops 13%Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha ...
- Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in IndiaIn recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...
- Railway employees to get Rs 17,591 annual bonus: But why other central government employees get just Rs 6,908Indian Railway annual bonus: The central government has announced a Productivity Linked Bonus for non-gazetted Railway employees for FY 202...
- Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
- Canada aims to seal India trade pact by year-end amid push to diversify tiesCanada aims to finalize a Comprehensive Economic Partnership Agreement with India by the end of this year. Foreign Minister Anita Anand emp...
- MacKenzie Scott never forgot her college roommate's $1,000 help, a dentist's free treatment. Years later, ex-wife of Jeff Bezos gave away $26 billion in philanthropyMacKenzie Scott's journey began with hardships at Princeton University, where she was uplifted by her friends' support. Following her separ...
- India's alternative accommodation market expected to reach $4.7 billion in GBV by FY29: ReportIndia’s alternative accommodation market is projected to grow to $4.7 billion in gross booking value by FY29 from $2.6 billion in FY26, acc...
- Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of DiwaliThe Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...
- Property tax waiver extended for residents of this part of Delhi: Check the new deadline to pay taxDelhi property tax: The Municipal Corporation of Delhi has introduced SUNIYO 2.0, an amnesty scheme for homeowners with unpaid property tax...
- India's trade deficit with China crosses USD 100 bn in first 9-monthsIndia's trade deficit with China has climbed to USD 105.93 billion in the initial nine months of this year. However, it is noteworthy that ...
- Companies shift to bank loans as bond costs rise, driving 81% share of fresh credit: JefferiesIndian companies are increasingly relying on bank loans as corporate bonds and other borrowing sources become more expensive, with banks ac...
- Indian office real estate market records 42.9 million sq ft absorptionThe year 2026 marked a significant uptick in India's office real estate sector, with net absorption reaching 42.9 million square feet. The ...
- DA hike for central government employees: AIDEF urges cabinet secretary, Finance Ministry to announce DA hike soon, increase in bonus ceilingDA hike: Central government employees and pensioners are in eager anticipation of the upcoming announcement regarding the dearness allowanc...
- India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTADGlobal trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by risi...
- Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
- Toll transactions dip 5.2%; Revenue growth slows downIn the first half of the current financial year, India's toll volume experienced a significant decline of 5.2%. Toll revenue saw a modest i...
- Euler Motors targets to double revenue in FY27Hero MotoCorp-backed Euler Motors is targeting revenue of over Rs 800 crore in FY27, aiming to double its topline as demand for electric fo...
- Do you have to pay tax in India or abroad? Why your residential status is important factorIndividuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions b...
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