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UP government to invest Rs 6,124 crore on building ring roads, bypasses

The Uttar Pradesh government is poised to invest Rs 6,124 crore in constructing ring roads, bypasses, and flyovers to enhance connectivity and traffic management across the state. The Public Works Department’s blueprint for the financial year 2025-26 includes 62 projects,…

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NCLAT directs NCLT to promptly decide stay on EoI for Jaiprakash Power, Jaypee Fertilisers

The NCLAT has directed the NCLT to expedite its decision regarding the stay on inviting Expression of Interest for Jaiprakash Associates’ investments. This involves Jaiprakash Power Venture and Jaypee Fertilisers & Industry. The appellate tribunal urged the NCLT to consider…

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India registers 3-fold growth in renewable energy capacity to 232GW in last decade

India’s renewable power capacity has surged threefold in the last decade, reaching 232GW, driven by significant growth in solar and wind energy. Solar module manufacturing has skyrocketed, transforming India into a global leader with ambitious targets for 2030. The nation…

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Jaiprakash Associates’ lenders approve Rs 936 cr cash outflow in June quarter

Jaiprakash Associates’ lenders have approved a Rs 936.27 crore cash outflow for the current quarter to maintain operations amidst insolvency proceedings. The approved funds will cover operational and one-time expenses, ensuring the company remains a going concern. Simultaneously, the Enforcement…

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Tata Group investing big in hotels in northeastern states with rising tourist footfall

Northeast India is becoming a tourism hotspot, attracting hotel investments. IHCL plans to invest ₹2,500 crore, aiming for 30 hotels by 2030, focusing on sustainable luxury and community development. Polo Towers Group is also expanding, planning seven new hotels, driven…

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Adani Group ahead of two others in race for Diamond Power stake

DPIL is a vertically integrated power infrastructure company with a presence across cables, conductors, transmission towers, and power transmission and distribution segments. The company is also engaged in manufacturing and installation of transmission line towers and parts on a turnkey…

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  • Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments

    Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.

  • PPF extension vs phased withdrawals: What should investors choose after account maturity?

    After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.

  • 8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision

    8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 

  • Did your elderly parent become victim of cyber fraud? From saving proof to filing FIR, here’s what you should do next

    To file an FIR for a cybercrime involving elderly parents or family members, swift evidence collection, online fraud reporting and bank notification are crucial. Quick action will help minimise financial losses and protect the victim's rights. 

  • 8th central pay commission: Why are staff representatives demanding expansion of family units from 3 to 5, explained

    The NC-JCM, led by Shiv Gopal Mishra, submitted a 51-page memorandum to the 8th CPC, proposing salary hike, increased minimum pay and expansion of family units for salary calculations from 3 to 5 to reflect current realities.

  • Pension amount for elderly, widows under NSAP unchanged since 2012; inflation makes it worse

    When adjusted to the current Consumer Price Index (CPI), a pension of ₹200 should cost ₹353 to retain its original purchasing power.

  • Bank FD vs SCSS: Which investment gives better returns over 5 years?

    SCSS vs FD comparison highlights higher assured returns from government-backed schemes than bank fixed deposits over five years, with SCSS offering superior maturity value alongside FD flexibility for investors. 

  • What happens if you don’t extend SCSS tenure? Rules, interest and withdrawal explained

    The Senior Citizens' Savings Scheme (SCSS) offers investment options for individuals aged 60 and above, with quarterly interest payments. It has a five-year maturity period and allows extensions. Here's what happens if you extend the tenure.

  • Dearness Allowance: Indian Railways hikes DA for employees by 2% effective from 1 January — Here's all you need to know

    Dearness Allowance: After the Finance Ministry and IBA, the Indian Railways has also hiked the DA component of employees' salaries by 2%, from 58% to 60%, with effect from 1 January 2026. Here's all you need to know.

  • How can NRIs simplify investing between India and their country of residence?

    From NRE vs NRO confusion to tax treaties and GIFT City access, here’s a practical roadmap for NRIs to simplify cross-border investing and build one coherent global financial strategy.

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