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Force Motors appoints Rishi Luharuka as Group CFO as Sanjay Kumar Bohra resigns

Force Motors Ltd has appointed Rishi Luharuka as its new Group CFO and Key Managerial Personnel, effective June 10, following Sanjay Kumar Bohra’s resignation on June 9. Luharuka’s appointment, approved by the Board, is part of a senior leadership restructuring…

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ETCFO NextGen 2025: Where India’s Top CFOs Will Redefine Bharat’s Growth Story

ETCFO NextGen 2025: Powering Bharat, happening June 13 at Sofitel Mumbai, unites India’s top CFOs. The big question: How will these financial leaders unlock Bharat’s untapped rural potential to fuel India’s $10 trillion growth journey? Don’t miss this game-changing event!

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Basmati rice firm KRBL plans export diversification, deeper distribution in India, says CFO Ashish Jain

The country’s largest packaged rice firm KRBL is eyeing to cross Rs 6,000 crore in revenue by FY26, said Chief Financial Officer, Ashish Jain in an interview with ETCFO. The popular ‘India Gate’ basmati rice maker clocked a consolidated revenue…

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EaseMyTrip launches investment arm to fuel growth-ready, profitable businesses

EaseMyTrip has launched EMT Invest, a strategic investment arm, to fuel the expansion of profitable businesses across high-growth sectors. Targeting companies with a proven track record and a minimum PBT of Rs 5 crore, EMT Invest aims to provide capital,…

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RBI to discontinue daily VRR auctions from June 11 onwards due to evolving liquidity conditions

Reserve Bank of India will stop daily Variable Rate Repo auctions. The discontinuation is effective from June 11, 2025. This decision follows a review of liquidity conditions. Earlier, daily VRR auctions were announced on January 15, 2025. The final VRR…

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Sebi slaps Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers’ norms

Sebi has levied a penalty of Rs 3 lakh on Motilal Oswal Financial Services for violating stock brokers’ norms. An inspection revealed trading terminals at unauthorized locations and operated by unapproved users. The firm also failed to identify and report…

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  • SBI employees to go on a 2-day strike on May 25,26: Check their 16 key demands

    State Bank of India employees plan a two-day strike on May 25-26, 2026, to demand better working conditions and job security. The All India State Bank of India Staff Federation cites administrative neglect and anti-employee policies as reasons for the protest.

  • Income-tax returns: Form 121 replaces Form 15G, 15H — Who is eligible, where to download and how to avoid TDS, explained

    The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms — Form 15G and 15H — with a single Form 121, as part of the government's move to streamline and simplify India's tax codes.

  • Tenant rights in India: How much of security deposit can be legally deducted by your landlord?

    Security deposit rules in India, guided by the Model Tenancy Act, 2021, vary by state and dictate how much landlords can collect and under what conditions deductions may occur. Details here.

  • ₹100 crore retirement fund ‘a math scam’, ₹2-3 crore ‘strong number, stop taking advice from influencers’, warns CA

    CA Kaushik believes that ordinary investors should not take advice from influencers who push for ₹100 crore retirement fund, calling it a ‘mathematical impossibility’ and ‘math scam’. He feels that ₹2-3 crore or even up to ₹5 crore are ‘strong, realistic numbers’.

  • I asked ChatGPT to plan my daughter’s Harvard education: AI suggests mutual funds, dollar assets, gives yearly cash flow

    ChatGPT recommends planning for global education beyond Harvard. It outlines significant costs for a master's degree, estimating up to ₹7.22 crore for two years. It suggests diversifying investments and emphasizes the importance of academic preparation and scholarship opportunities.

  • Buy Now Pay Later: Here's how BNPL works, who is eligible and how it impacts your credit score

    Buy Now Pay Later (BNPL) is a short-term financing option allowing customers to buy items and pay in installments. Here's all you need to know about how it works, who is eligible and how it impacts your credit score…

  • Rupee at record low: What it means for your personal finances, foreign travel, imports and markets — explained

    The rupee fell to a record low against the US dollar on 5 May 2026 due to rising US-Iran tensions and soaring crude oil prices. This could impact India's economy as well as household spending. Details here.

  • Income-tax returns: Investment proof, PAN Card — Here's a checklist of required documents for smooth ITR filing process

    Filing income tax returns can be a tough task for salaried individuals and first-time ITR filers alike. To make the process smoother and hassle-free, here's a checklist of essential documents you'll need, including Form 16, your PAN Card, and proofs of investment.

  • EPF vs PPF: Key differences, rules, tax benefits and returns explained

    EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.

  • Dearness Allowance: What are the types of DA and how often are they revised? We answer top FAQs

    Dearness Allowance is of two types, one which is revised quarterly based on CPI, and the other revised semi-annually. Both these aim to mitigate inflation effects for households of central government employees.

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