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As many as 6,789 recognised startups categorized as 'closed': Jitin Prasada

​As of January 31, 2026, a total of 2,12,283 entities have been recognised as “startups” by the Department for Promotion of Industry and Internal Trade (DPIIT), he said in a written reply to the Lok Sabha.

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Govt seeks Parliament nod for net additional expenditure of Rs 2.01 lakh cr in FY26

​As per the second batch of Supplementary Demands for Grants tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman, the government has sought permission for gross additional spending of Rs 2.81 lakh crore.

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RBI allows NBFCs, HFCs, CICs, ARCs to count audited quarterly profits in capital calculations

The Reserve Bank of India on Tuesday issued a set of amendment directions clarifying how several non-bank financial sector entities should compute “Owned Fund” and Tier 1 capital, allowing inclusion of quarterly profits subject to audit and dividend adjustments.

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Govt invokes Essential Commodities Act to ensure natural gas supply, orders refineries to divert key streams

India has invoked the Essential Commodities Act to secure domestic cooking gas supplies. The ongoing Middle East conflict has disrupted global oil and gas shipments. Natural gas will be prioritized for domestic use, transport, and essential operations. Refineries are ordered…

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Govt relaxes FDI investment rules from China, other neighbouring countries

The decision, seeks to streamline investment approvals under Press Note 3 (PN3) while maintaining safeguards on strategic investments from land-bordering countries.

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No trigger yet for dramatic private capex surge in India, corporate credit to stay muted: Moody’s

Amit Pandey, Vice President – Financial Institutions Group at Moody’s Ratings, said India’s private capital expenditure cycle remains steady but lacks a clear trigger for a dramatic acceleration. While corporate investment is happening and the economy continues to grow at…

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  • Bank Holidays next week — 8 to 14 June: When will SBI, HDFC, ICICI and other banks be closed? RBI calendar here

    Bank Holidays next week: Banks will remain closed on various dates in June, including weekends, regional and religious holidays. Check RBI calendar to know more about bank holidays in the coming week.

  • Rupee hits 96 against USD: How can falling currency impact your investments and how to protect them?

    A falling rupee leads to higher inflation and, in turn, higher interest rates, which adversely impact corporate profitability and share prices. It can lead to higher yields on G-secs, lower bond prices and a fall in bond fund NAVs. However, international mutual funds benefit from INR depreciation.

  • How Millennials and Gen Z can improve credit health and build a strong credit score for future financial success

    A strong credit score can unlock better financial opportunities. Discover practical credit health tips for Millennials and Gen Z to build financial resilience and improve borrowing prospects.

  • Old vs new tax regime: Which saves more tax if you earn ₹20 lakh, ₹25 lakh or ₹30 lakh?

    The new tax regime offers lower rates but fewer deductions, leading many salaried taxpayers to reconsider the old regime. 

  • Relief or red flag? What borrowers should know about loan settlements

    As loan defaults rise, debt resolution firms are helping borrowers negotiate settlements and escape recovery pressure—but the relief comes with lasting consequences.

  • Studying abroad on a loan? Here's the true cost—and the mistakes that can make it even higher

    Overseas education now costs Indian families up to ₹1 crore, exacerbated by a weaker rupee and rising visa restrictions. Despite financial challenges, 90% of parents aspire to send their children abroad. Education loans can bridge funding gaps, but borrowers must choose wisely .

  • EPF e-nomination can be considered invalid if you miss this key step — Here's what to do

    EPFO mandates e-nomination for EPF members to ensure smooth transfer of benefits to nominees upon a member's death and avoiding legal disputes. Members must complete e-signing via the EPFO portal to validate nominations. Here's how to do it.

  • PFRDA launches StAR NPS: How the new digital onboarding process works and charges applicable

    NPS will be easier to join with the launch of StAR NPS, a digital onboarding platform designed to streamline enrolment and contributions while minimising paperwork. Details here.

  • Provident Fund guide: What are EPF, VPF and how to check your PF passbook

    The Provident Fund (PF) is a crucial long-term savings option for salaried employees. Here's how EPF and VPF work and how you can keep a track of your contributions and account balance via PF passbook. 

  • Sold a residential property? Here's how you can save tax on capital gains

    Long-term capital gains from property sales are eligible for tax exemptions if reinvested in another residential property within specified time frames. Here's how to park your capital gains in the meantime and claim exemption.

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