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RBI appoints additional director for Bandhan Bank

The move is likely to guide the bank in succession planning. Bandhan Bank’s founder MD & CEO Chandra Shekhar Ghosh’s tenure will on July 9 while the bank is yet to appoint its next CEO. Singh is former chief general…

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Electric vehicles: Desi automakers are seizing export opportunities driven by increased demand for cleaner mobility

Domestic auto makers like Maruti Suzuki, Hero MotoCorp, and TVS Motor are seizing the export opportunity in the electric vehicle market. Maruti Suzuki is set to export its first electric SUV to Europe, Hero MotoCorp is launching its VIDA V1…

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Promoters on a selling spree amid red hot D-Street valuations

As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record – set in the 2020 Covid era. So far in 2024, both…

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5G auction: All you need to know about Rs 96,000 crore spectrum battle

5G auction: India is gearing up for its latest 5G airwaves auction starting Tuesday, valued at over Rs 96,000 crore. Telecom giants like Reliance Jio, Bharti Airtel, and Vodafone Idea will compete for crucial radio frequencies essential for 5G services.…

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Reliance Capital lenders set out conditions to grant extension to Hindujas

Lenders of Reliance Capital, promoted by Anil Ambani, have submitted an affidavit to the bankruptcy court stating conditions for granting a 90-day extension to the winning bidder, a Hinduja Group entity. The extension would require depositing Rs 2,750 crore into…

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Prosus writes off its 9.6% stake in India’s Byju’s

BYJUS-INDIA-Prosus writes off its 9.6% stake in India’s Byju’s

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Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest
Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.
8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions
UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.
Dearness Allowance: Here's the formula used to calculate your DA hike, explained
Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how…
RBI mis-selling rules explained: Tricked into buying a financial product? Here's how you can get your money back
Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.
EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison
EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.
Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here's what happened next
A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on ₹19.06 lakh leave encashment. Details here.
RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms
The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.
Made a mistake in your tax return? Here's how to correct it even after receiving a refund
Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 
Can investing in an under construction property help you save capital gains tax? Check Section 54 rules
Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines
Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind
When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.