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GST collections hit all-time high of Rs 2.10 lakh crore in April 2024

India’s Gross Goods and Services Tax (GST) collections have reached a historic milestone, surpassing the Rs 2 lakh crore mark for the first time since the inception of GST in July 2017.

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ICAA Conducts a Session MFU to Simplify KYC Processes for Mutual Fund Distributors

In a strategic move aimed at enhancing efficiency and reducing paperwork in the mutual fund industry, the Independent Consultants and Advisors Association (ICAA) recently organized a collaborative session with MFU (Mutual Fund Utilities) to discuss and implement measures for the…

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Sebi to revamp norms to ensure fairness for AMCs

The regulator said such FPIs with NRIs and OCIs as clients should be based out of International Financial Services Centres (IFSCs) in India and regulated by the International Financial Services Centres Authority (IFSCA).

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Cleartrip CFO Aditya Agarwal steps down as top-level shakeup continues

Cleartrip’s CFO Aditya Agarwal resigns amid Flipkart’s senior management changes. Akshat Mishra to succeed him. Agarwal’s key role in Cleartrip’s integration into Flipkart highlighted. Former CEO Ayyappan R departing for consumer tech venture. Layoffs impacting 5-7% employees after Flipkart Group…

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KVS Manian likely to join Federal Bank after stepping down from Kotak Mahindra

At the time of the announcement, Manian said that he was tendering his resignation from Kotak Mahindra Bank to pursue other opportunities in the financial services sector that he is currently exploring. Manian also stepped down from his position on…

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RBI cautions banks on gold loan disbursals through fintech startups

RBI cautions banks on gold loan disbursement concerns through fintechs like Rupeek, IndiaGold, and Oro Money. Banks evaluating next steps post IIFL Finance issue. Asset quality improved at Rupeek, with partnerships with Federal Bank, Indian Bank, and South Indian Bank.

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  • I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…

    An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.

  • Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

    The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.

  • EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

    Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 

  • Why investing in Indian equities may be a bad idea for NRIs and how GIFT City can fix it

    Despite NRIs investing about ₹1.4-1.5 lakh crore in India's stock market for long-term wealth, they face challenges such as hidden taxes and currency depreciation. 

  • Zerodha Capital's net profit rises 20% to ₹14.7 crore as lending business scales up

    Zerodha Capital reported a 44.2% increase in total income to ₹53.5 crore in FY26, with net profit rising 20.5% to ₹14.7 crore, driven by growth in its loan-against-securities business.

  • 'Japan is 100% doable on a real salary': Mumbai influencers share detailed ₹2.4 lakh budget guide

    Japan is often considered one of the world's most expensive travel destinations. However, an Instagram post by travel page Planned Time Off is challenging that perception with a detailed cost breakdown of a 15-day trip covering Tokyo, Hakone, Kyoto, Osaka, Nara and Hiroshima.

  • Personal loans from 8.95%: Compare June 2026 rates of HDFC Bank, ICICI Bank, Axis Bank and other top private lenders

    Fast access to funds comes at a cost. Compare personal loan interest rates, processing fees and key borrowing factors across leading private banks in June 2026 to find a cost-effective loan that suits your repayment capacity and financial goals.

  • I asked ChatGPT to plan perfect monsoon family getaway near Mumbai — Here's what AI recommended

    I asked ChatGPT to plan the perfect monsoon family vacation near Mumbai in the last week of June. Here's what the artificial intelligence chatbot when comparing three hill-station destinations: Lonavala, Matheran, and Mahabaleshwar…

  • Income Tax: ITR-3 Excel Utility released — should taxpayers wait until August or file their returns early?

    The income tax return (ITR)-3 is meant for individuals and HUFs who have income from business or profession. Interestingly, the last date of filing tax return via ITR-3 is 31 August and not 31 July. 

  • SEBI introduces new Gold ETF trading framework with dynamic price bands from 1 September; check details

    Big changes ahead for Gold ETFs as SEBI introduces a new trading framework from September 1. Dynamic price bands, pre-open auctions and revised pricing rules aim to improve price discovery, transparency and investor protection in Gold and Silver ETFs.

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