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Kishore & Rakesh Biyani fined for Future Retail disclosure lapses

SEBI has fined Kishore Biyani, Rakesh Biyani, and former CFO C P Toshniwal a total of ₹50 lakh for violating disclosure norms and related party transaction rules in the Future Retail case. The regulator found inadequate disclosure of relationships and…

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CBI seizes forensic audit, tax records at RCom director's residence

Central Bureau of Investigation officials searched the home of Grace Thomas, a director at Reliance Communications. The operation focused on her past role at Reliance Telecom Limited. CBI seized personal details, a forensic audit report, and accounts records. Reliance Communications…

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Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifies

Consumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi’s call for austerity measures. Jewellers report a significant increase in sales. Customers fear higher import duties or GST on gold. Many are advancing purchases…

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How streamlined GST credits may help Indian manufacturers stay agile amid global disruption

As India opens its markets through FTAs, domestic cost structures, especially those linked to GST credit accumulation, become even more critical to ensure a level playing field.

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Uday Kotak puts India's troubles in perspective as the economy swings between hope and despair in the wake of Iran war

CII Annual Summit: Uday Kotak issued a rallying cry for India to gear up for looming global challenges. He stressed upon the importance of a proactive stance rather than a wait-and-see approach for India to successfully navigate the current global…

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‘How long can oil companies absorb losses?’: Hardeep Singh Puri on fuel prices

Speaking about the potential hike in fuel prices, India’s Oil Minister Hardeep Puri reassured the public while acknowledging the pressure on oil companies. The minister highlighted the importance of proactively addressing the economic strain caused by current fuel pricing strategies.

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News

  • Metal ETFs shine in uncertain market: Should you invest now?

    The performance of metal ETFs depends on the state of the economy, as they invest in industrial metals. While they are expected to grow during economic expansion, they carry more risk than gold and silver ETFs.

  • Planning to invest in a bond SIP? Why it doesn't work like your regular equity SIP

    Running a SIP in fixed income works on a fundamentally different principle than running one in stocks

  • FM Sitharaman asks I-T dept to crack down on tax evaders, ease compliance for honest taxpayers

    Finance Minister Nirmala Sitharaman called for firm actions against tax evaders while prioritising convenience of honest taxpayers. Details here.

  • EPFO: Want to claim provident fund after EPF member's death? Here's how — Stepwise guide for families

    Today, we take a look at how the family (nominees or legal heirs) of an EPF subscriber can claim the provident fund savings amount after the member's death. Here's a stepwise guide…

  • Can't access your EPF account because you forgot your UAN? Here's how to retrieve it online and offline

    EPF members can retrieve their forgotten UAN online via the EPFO portal or through SMS and missed call services.  Details here.

  • ₹9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money

    The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.

  • ITR portal: Govt says managed service provider was penalised in FY26 for outages and due date extension

    The government penalised the MSP of the income tax e-filing portal for an extension of the ITR filing deadline caused by technical issues in FY 2025-26. Here's why an extension this year is unlikely.

  • Fixed Deposits: Should you park ₹10 lakh in one FD or split it? Pros and cons explained

    The better option depends on your financial objectives, liquidity needs, investment horizon and comfort with risk.

  • Pay commission: Salary, allowances, benefits — Check West Bengal 7th pay commission's full list of terms of reference

    The West Bengal government has officially constituted its 7th central pay commission. The finance department's resolution states that the panel will review allowances, salaries and service conditions for state government employees and pensioners.

  • ITR filing 2026: Do you need to disclose both taxable and exempt gifts received from friends and family?

    Gifts received during the financial year may be taxable and need to be reported in the income tax return. Taxpayers should be aware of exemptions and the new reporting field for non-taxable gifts to maintain compliance. 

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