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TReDS platform RXIL crosses Rs 2 lakh cr MSME invoice financing milestone

Receivables Exchange of India Ltd, an MSME invoice financing platform, has achieved a significant milestone. It has crossed Rupees two lakh crore in financing. In fiscal year 2025 alone, RXIL facilitated Rupees eighty thousand five hundred crore in financing. Over…

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Steamhouse India files confidential draft IPO papers; aims to raise up to Rs 700 cr

Steamhouse India, a steam and gas supplier, plans to launch an IPO. The company aims to raise between Rs 500 crore and Rs 700 crore. They have filed confidentially with SEBI. The Surat-based firm serves many clients nationwide. Expansions are…

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India’s Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

TRAVEL FOOD SERVICES-IPO/India’s Travel Food Services plans $233.5 million IPO; eyes $1.69 billion valuation

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India’s growth engine loses steam in June, may get back on track soon

On the positive side, India’s manufacturing activity strengthened and petrol consumption increased at a fast clip.

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India projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is trending at…

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Giant Trump tax bill faces make-or-break vote in Congress

Donald Trump is seeking final approval Wednesday in the US Congress for his marquee tax and spending bill, with Republicans pinning their hopes on a narrow victory that will help seal the president’s legacy. The president indeed applied further pressure…

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News

  • Income-tax returns: Forms, disclosures, details and documentation — Top 10 common mistakes to avoid while filing ITR

    From using appropriate forms, to making proper income disclosures, filling correct details and attaching documentation for proof — Here are the top 10 common mistakes to avoid while filing your returns.

  • Bank FDs earn up to 7.75% in May 2026! Check latest interest rate — Compare SBI, HDFC, ICICI and Yes Bank fixed deposits

    FD rates comparison: Here's a look at the latest bank fixed deposit rates offered by the biggest lenders State Bank of India, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and Yes Bank.

  • Aadhaar gearing for ‘new look’? IT Ministry says no such plan, speculation ‘not correct’ — Here's all we know

    The IT Ministry clarifies that it has no plans for a “new look” for its Aadhaar cards, adding that such speculation is “not correct”. Here's what's new for the government's biometric ID so far in 2026.

  • 6 essential emergency fund rules every Indian household should know to stay debt-free

    Emergency fund rules help households build financial resilience. It is imperative to maintain 3–6 months' expenses, keeping funds separate, prioritising liquidity, starting small, refilling after use, and reviewing annually for stability. 

  • Struggling with a credit score below 650? 6 simple ways to improve it and boost loan approval chances

    The strategy to improve a credit score below 650 focuses on timely EMI payments, reducing credit utilisation, limiting loan applications, clearing high-interest debts, maintaining old accounts, and regularly monitoring credit reports for accuracy.

  • Safe personal loan EMI on ₹30,000 salary: Simple budgeting tips explained

    Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.

  • Can cancelling a credit card hurt your score? Here's how to minimise the impact on your credit history

    A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history…

  • I-T returns: Want to verify if your Income-Tax notice is authentic? Here's a stepwise guide for how to do so

    Filing income tax returns online has simplified the process, but it can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity.

  • 5 reasons strong savings rate matters more than market returns in building a secure and sustainable retirement plan

    A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.

  • Salary ₹50,000? Here’s how much PF corpus you can build in 20 years

    EPF corpus from a ₹50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching ₹40–60 lakh with salary increments.

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