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India is set to become the consumption capital of the world: Report

India is set to become the consumption capital of the world, outpacing major economies says a report by Angel One, Iconic asset.

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SEBI cracks down on firms diverting funds for personal use

The Securities and Exchange Board of India (SEBI) has cracked down on multiple companies for misappropriation of funds raised through rights issues in the stock markets, after receiving complaints from whistleblowers.

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DPIIT partners with Yes Bank, Kyndryl to boost startup ecosystem in India

In a major step towards strengthening India’s startup ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT) on Thursday joined hands with Yes Bank to support innovators and entrepreneurs across the country.

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Apple, Samsung hold 94% share of Indian smartphone exports: Report

In 2024, the shipment of ‘Made in India’ smartphones increased by 6 per cent, led by rising exports from Apple and Samsung, which together accounted for 94 per cent of India’s smartphone exports. The growth is supported by the expansion…

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IT weeps & FMCG moans, but $3.5 billion FII selloff shouldn’t worry Indian investors

Foreign institutional investors (FIIs) continued to sell Indian stocks in early March, affecting multiple sectors, except metals. However, the sell-off has shown signs of slowdown with the US Fed’s rate pause and brighter outlook, potentially reversing outflows and boosting Indian…

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RBI injects Rs 15.5 lakh crore to ease banking liquidity crunch

The central bank’s measures have helped moderate the liquidity deficit, with the average daily net injection under the liquidity adjustment facility reducing to Rs 1.41 lakh crore between February 16 and March 13, 2025, from Rs 1.92 lakh crore during…

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  • Govt’s hub-and-spoke model for international travel: How will it help airline passengers?

    The government’s hub-and-spoke model will allow airline passengers to check in baggage and complete customs and immigration formalities at spoke city airport (Tier-II and -III cities), and take onward flight from the hub city airport (Delhi or other major cities) to international locations.

  • Bank holiday today? Check if SBI, HDFC, ICICI are closed on 11 July for second Saturday off — RBI calendar here

    Public and private banks across India will remain closed today, 11 July, for the second Saturday holiday. Bank operations will remain suspended nationwide, but online banking services will remain accessible for transactions.

  • Why a same-sex couple is challenging the income tax law that exempts gifts only between spouses? Explained

    The Karnataka High Court has requested the Union government to respond to a petition challenging tax exemptions for gifts between spouses, which currently excludes same-sex couples. Details here.

  • EPS 2026: New withdrawal rules and 20-day claim settlement explained

    With EPS 2026, the pension system for organized sector employees is reformed for transparency and efficiency. It mandates a 36-month wait for withdrawal benefits, enforces a 20-day claim processing deadline, and supports higher pensions, while preserving existing benefits for current members.

  • If you invested like Trump, you'd be ahead of the S&P 500 — here's what the US President is betting on

    Trump's financial disclosures reveal he executed 21,285 stock trades in 2025, averaging one trade every five minutes. His portfolio has outperformed the S&P 500, with a 37.3% return since his inauguration. Here's a look at the US leader's portfolio .

  • EPFO passbook portal restored after software upgrade; members can access accounts again ahead of 8.25% interest credit

    The EPFO has restored its passbook portal after a two-week outage due to a database upgrade. Members can access their accounts again ahead of 8.25% interest credit. 

  • Same salary, different loan amount? Here's why banks may treat borrowers differently

    Lenders consider factors beyond income when approving loans, such as repayment history and financial habits. Two individuals with identical salaries may experience different loan outcomes based on their overall financial profiles.

  • Which ITR form should you file? A guide for salaried employees, pensioners and other taxpayers

    The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by reviewing income sources and changes to avoid complications. The filing deadline is 31 July 2026 for individuals and non-audited entities.

  • Forgot your ITR login password? Here's how to reset it without access to Aadhaar-linked mobile number

    Taxpayers can reset their income tax e-filing portal password using various methods if they forget it, even if they don't have access to their Aadhaar-linked mobile number. Step-by-step guide here.

  • AMFI Data: Gold ETF inflows rebound to ₹3,443 crore in June after May outflows, here's what changed

    Gold ETF inflows rebounded sharply to ₹3,443 crore in June, reversing May's outflows as investors returned after profit booking. Experts say cooling gold prices and persistent global uncertainties revived demand for the safe-haven asset.

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