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Investors in Elon Musk‘s space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects. They’re also bracing for volatile trading as some company insiders…
India’s oldest exchange BSE Ltd reported a 62% year-on-year (YoY) rise in consolidated net profit attributable to shareholders for the June quarter, helped by strong growth in revenue from operations and higher investment income. The exchange posted profit attributable to shareholders of the holding company at Rs 874 crore for the quarter ended June 2026,…
Markets have remained volatile over the past two years, making many retail investors question where to park their money. While fixed deposits, debt funds, arbitrage funds, hybrid funds and balanced advantage funds all promise relatively lower risk, choosing the right one is far from straightforward. With inflation eroding returns, how should conservative investors balance safety,…
More than 31.82 crore unorganised workers have registered on the e-Shram portal, a government initiative aimed at creating a national database of unorganised workers and improving their access to social security benefits. Launched by the Ministry of Labour and Employment on 26 August 2021, the portal covers unorganised workers, including migrant workers, gig workers and…
The 8th pay commission has in a notice on its website posted an invitation seeking applicants for multiple consultant roles with the panel on contract basis. It states: “The 8th CPC has been constituted to make recommendations related to emolument structure of different categories of officers, employees and on pensions. Applications are invited from eligible…
Union Minister of Finance Nirmala Sitharaman tabled the Taxation and Other Laws (Amendment) Bill, 2026, in Lok Sabha on 4 August (Tuesday). News agency PTI reported that the legislation seeks to replace the Income-tax (Amendment) Ordinance, 2026, and proposes a series of amendments to the Payment and Settlement Systems Act, 2007; the Income-tax Act, 2025;…
If India were to recognise prenups, it should do so through a framework suited to its own legal system rather than by importing foreign models. Any legislation would need to mandate complete financial disclosure, independent legal advice, adequate time for consideration and pre-marital counselling. Equally important, it must preserve non-negotiable statutory protections. A spouse’s legal…
The Punjab and Haryana High Court on Monday ordered the state to clear pending dearness allowance (DA) arrears of employees and pensioners within a fortnight, according to a PTI report. The court dismissed the Punjab government and the Punjab State Power Corporation Limited (PSPCL) ‘s appeals against the single-judge bench’s order directing the release of…
If a life insurance policy lapses due to non-payment of premiums, the insurer can legally reject the death claim. But can the insurer also keep the premiums already paid by the policyholder? In a significant ruling, the Maharashtra State Consumer Disputes Redressal Commission said that while HDFC Life Insurance Company was justified in rejecting a…
I am a 64-year-old Mumbai resident and have willed my house and investments to my children. I heard that probate is no longer compulsory. Is that correct?- Name withheld on request Yes. Section 213 of the Indian Succession Act, 1925 was omitted by the Repealing and Amending Act, 2025 with effect from 20 December 2025….