BUSINESS

Mount Everest Breweries appoints Vinod Babu G as CEO

With over 19 years of experience in the FMCG and alcoholic beverages sector, Babu will lead MEBL’s overall business operations and growth agenda

THE HINDU BUSINESS LINE
8 hours ago
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Priya Nair to be CEO and MD of Hindustan Unilever Limited

Rohit Jawa will step down as CEO and MD on July 31, 2025 to pursue the next chapter in his personal and professional journey, the company said in a filing.

THE HINDU
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ITR filing: Claiming HRA to reduce tax outgo? Rent receipts alone may not suffice - why your claim can be rejected

HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be disallowed if rent is paid to close family me ...more

TIMES OF INDIA
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‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

Hardeep Puri, India's Petroleum Minister, asserts that India's continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to surge past $120 per barrel. Despite Western restrict ...more

TIMES OF INDIA
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Housing squeeze: 30-year US mortgage rate rises to 6.72%; 5-week easing streak ends as borrowing costs inch up

US long-term mortgage rates experienced a slight increase this week, reversing a five-week trend of declining borrowing costs, with the 30-year fixed rate rising to 6.72%. Despite recent fluctuations and a brief dip in April, economists ...more

TIMES OF INDIA
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Order classifying Anil Ambani’s loan account as ‘fraudulent’ withdrawn: Canara Bank tells Mumbai High Court

After the bank’s disclosure, a Bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Mr. Ambani challenging the bank’s order, saying nothing survives in it.

THE HINDU
5 hours ago
BUSINESS

RBI outlook to Parliament panel: Malhotra says economy strong; Rs 2,000 notes still legal but out of circulation

RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal t ...more

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