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India embraces cashless revolution in last 11 years: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Monday said that India is embracing a cashless revolution with world-class digital initiatives like unified payments interface (UPI).

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Gautam Adani’s draws Rs 10.41 cr pay in FY25, lags behind peers

Gautam Adani’s earnings for fiscal year 2025 totaled Rs 10.41 crore. This figure is less than many of his peers. Adani drew salaries from Adani Enterprises and Adani Ports. Mukesh Ambani has been foregoing his salary since Covid-19. Vinay Prakash,…

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Revival signs in primary market: Over a dozen IPOs set to launch

Indian primary market is expected to revive. Over twelve companies are preparing for Initial Public Offerings. HDB Financial Services and National Securities Depository Limited are among them. These companies aim to raise funds for expansion and debt repayment. The IPO…

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Reliance Infrastructure takes flight with Rs 5,000 cr bet on aircraft upgrade business

Reliance Infrastructure is set to significantly expand its defence capabilities, targeting a Rs 5,000 crore aircraft upgrade market over the next 7-10 years. Having successfully upgraded 55 Dornier-228 aircraft, Reliance aims to become a major private player by modernizing military…

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Maharashtra, Karnataka account for 51% of FDI in India in FY25: Govt

India witnessed a 14% surge in total FDI, reaching $81.04 billion in FY25, the highest in three years. Maharashtra led with $19.6 billion, constituting 31% of the nation’s FDI, followed by Karnataka at $6.62 billion. New Delhi, Maharashtra, and Karnataka…

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NCLAT dismisses Byju’s RP plea over status quo on Aakash shareholding

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by the Resolution Professional (RP) of the Think and Learn Private Limited (TLPL), the parent company of edtech firm Byju’s, against an earlier order by the National Company…

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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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