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Tech-savvy construction firms attract global interest as India goes big on infrastructure

As government-led infrastructure initiatives reshape India’s urban and industrial landscape, tech-savvy Indian construction players are drawing the attention of global companies involved in the planning, designing, building and managing of infrastructure and real estate.

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RBI imposed penalties on 353 banks, other regulated entities during FY25

The Reserve Bank of India (RBI) levied penalties totaling ₹54.78 crore on regulated entities in fiscal year 2024-25 for statutory violations. These penalties, numbering 353, addressed non-compliance issues like cybersecurity lapses, exposure and IRAC norm breaches, KYC regulation violations, and…

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Sumitomo Mitsui Banking Corporation to seek RBI Yes for licence to operate wholly owned arm

Sumitomo Mitsui Banking Corporation (SMBC) is seeking RBI approval for a wholly-owned subsidiary, signaling its intent to acquire a controlling stake in Yes Bank. Following an initial 20% stake purchase, SMBC aims to increase its holding to nearly 34%, with…

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Rate cut expected, RBI’s views in focus with economy near a sizzle

Economists anticipate Reserve Bank of India will reduce interest rates this week. This decision comes amid decreasing inflation. Experts await the central bank’s insights on inflation and economic growth. These insights will help determine the duration of the easing cycle.…

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SEBI confirms ban on LS Industries and key individuals amid fraud probe

The Securities and Exchange Board of India (SEBI) has confirmed the suspension of LS Industries, its promoter Profound Finance, and four other individuals from participating in the securities markets.

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Coal India files DRHP for Bharat Coking Coal with Sebi for an IPO

Coal India has filed DRHPs for IPOs of subsidiaries BCCL and CMPDI, both structured as offers for sale. Proceeds will go to Coal India. CMPDI posted strong FY25 results, aiming to boost market visibility. IPOs will list on NSE and…

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  • Nithin Kamath explains difference between ‘direct’ and ‘regular’ mutual funds, urges investors to review plans

    Zerodha co-founder Nithin Kamath has asked investors to understand the difference between ‘direct’ and ‘regular’ mutual fund plans. He said many investors remain unaware of the higher costs associated with regular plans and advised reviewing their portfolios to identify their existing investments.

  • 8th Pay Commission: Railway engineers seek pay parity, Group B status and better career growth opportunities

    Railway engineers have urged the 8th Pay Commission to restore pay parity, grant Group B status and improve promotions. Their demands, raised during stakeholder consultations, could shape future salary, pension and allowance reforms for 1.1 crore Central government employees and pensioners.

  • 8th pay commission: Submission window for data collection portal extended — Check date, website, process, FAQs

    8th pay commission: Window for submission of data online for the 8th CPC's consideration has been extended to 31 July this year. Here's how to complete the process and some of the frequently asked questions answered…

  • EPF interest being credited this month: Here's how to calculate your monthly earnings at 8.25% p.a.

    EPF interest for FY26 is being credited this month. Here's how to calculate your monthly earnings at 8.25% p.a. and stepwise guide to check your closing balance via passbook online on the EPFO website.

  • Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't

    Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.

  • Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for

    A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 

  • West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know

    The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 

  • Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'

    The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.

  • US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do

    Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.

  • Already have 3-5 SIPs running? Expert shares a checklist before you add another fund

    Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.

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