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SEBI confirms ban on LS Industries and key individuals amid fraud probe

The Securities and Exchange Board of India (SEBI) has confirmed the suspension of LS Industries, its promoter Profound Finance, and four other individuals from participating in the securities markets.

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General insurance industry premium income to grow 8.7% in FY2026, 10.9% in FY2027: ICRA

India’s general insurance sector anticipates growth to accelerate in FY26, driven by private insurers’ strong performance. ICRA projects an 8.7% premium income increase in FY26, reaching ₹3.21-3.24 lakh crore, and further 10.9% growth in FY27. Private insurers are expected to…

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NCLAT sets aside direction for forensic audit of Golden Tobacco, reinstates Resolution Professional

The National Company Law Appellate Tribunal (NCLAT) has overturned the National Company Law Tribunal’s (NCLT) orders regarding Golden Tobacco. These orders included a forensic audit and a change in the resolution professional. NCLAT has also extended the Corporate Insolvency Resolution…

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Import surge helped drive up GST mopup in May: Nomura

India’s GST collection surged by 16.4% in May, driven by a significant increase in GST from imports, reaching a three-year high. Nomura anticipates a moderation in India’s GDP growth to 6.2% in FY26. The robust GST collections contrast with softer…

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India’s green sector to add 7.29 million jobs by FY28: NLB Services

India’s green sector is poised for substantial growth, projecting 7.29 million jobs by FY28 and 35 million by 2047, driven by investments in renewable energy, EVs, and sustainable practices. While metros lead, tier II and III cities will host a…

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Rural consumption to drive India’s GDP growth this fiscal year, economists say

INDIA-ECONOMY/ (PIX)Rural consumption to drive India’s GDP growth this fiscal year, economists say

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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.