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India’s fiscal consolidation & capex boost went hand-in-hand in Apr-May FY26: UBI Report

India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward together, according to a report by Union Bank of India.

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SBI decides to declare Reliance Communications’ loan account as ‘fraud’

The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as “fraud” in a case that dates back to August 2016.

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India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri

India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said.

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Adani Properties gets NCLT nod to acquire HDIL’s two assets

The assets include a commercial property known as ‘Inspire BKC’ in Mumbai’s business district Bandra-Kurla Complex and a land parcel in Kalyan Shahad on the outskirts of Mumbai. Adani Properties was found to be the only bidder to make Insolvency…

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OMC stocks in focus after Hardeep Puri confirms LPG compensation payout

Shares of BPCL, HPCL, and IOC may stay in focus after Oil Minister Hardeep Singh Puri said the government will compensate OMCs for under-recoveries on subsidised LPG sales. OMCs faced losses exceeding Rs 40,000 crore in FY24 amid stable domestic…

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India supports global financial architecture reforms to boost inclusivity: FM Sitharaman

Seville (Spain)India supports reforms to the international financial architecture to enhance inclusivity and equity, including Multilateral Development Bank (MDB) reforms and fairer credit rating systems, Finance Minister Nirmala Sitharaman has stressed.

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News

  • Got your first salary? Here’s how young Indians are making it work

    Rather than splurging, India’s young professionals are adopting disciplined, flexible budgeting to navigate their first years of earning.

  • Large caps currently have a bigger margin of safety than mid or small caps: SBI Mutual Fund's Anup Upadhyay

    Anup Upadhyay, fund manager at SBI Mutual Fund, said about 70% of the SBI Flexi Cap Fund is now in large caps, up from 55% a year ago. In an interview with Mint, he also spoke about his outlook for the market, sectoral bets, and structural changes in the SBI Flexi Cap Fund.

  • Budget 2026 and your portfolio: Track but retain long-term focus

    The budget 2026 is just one stop on your investment journey—it does not change your destination.

  • Why naming a nominee may be the most important step in your life insurance

    Assigning a nominee in a life insurance policy ensures faster claim settlement, legal clarity and financial security for families when they need it most.

  • Is a Hiba valid for gifting property to unborn grandchildren?

    Hiba made in favour of unborn children is invalid. A key principle that governs Hiba is the fact that Hiba can be effected inter vivos or among living persons. When a Hiba is made to a child in the womb, it would stand valid only if the child is born alive within 6 months from the date the Hiba.

  • Lessons from the Binny Bansal ruling: Dubai or Singapore not an easy NRI tax arbitrage

    Recent rulings in the Binny Bansal and Tiger Global cases signal that day counts and paper relocations are no longer enough. Tax authorities are looking for real overseas substance before granting non-resident status or treaty benefits.

  • Why did you just buy five books when you needed two?

    From false scarcity to hidden fees, digital platforms are engineered to extract maximum value. Here are the psychological weapons used against your wallet.

  • Tax season turns attractive for Americans as Trump's One Big Beautiful Act delivers $1,000 in refunds

    The Internal Revenue Service officially started accepting 2025 tax returns on 26 January, launching a taxpaying season that the White House projects could deliver an additional $100 billion returns to taxpayers.

  • How to merge two PF accounts, and is a withdrawal taxable?

    The latest UAN linked to your last employer should be retained, and the older one linked to your first employment must be merged

  • The second shift: How Gen Z is building wealth after office hours

    In an economy that demands diversification to survive, the best investment you can make might just be the one you do on a Saturday afternoon.

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