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LIC’s goal is ‘Insurance for All’ by 2047, policy numbers should grow from Q2: R Doraiswamy, MD & CEO

LIC’s new chief aims to boost profitability through diversified products, particularly non-PAR plans, targeting 40% of APE. R Doraiswamy plans to increase bancassurance sales beyond 10% and strategically invest in debt and equity markets. LIC is exploring health insurance ventures…

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Banks can take call on minimum balance, no RBI curbs: RBI Governor Sanjay Malhotra

​”What kind of minimum balance required is left to the banks. Some of them have kept Rs 10,000, some Rs 2,000 and some have completely waived it off. This is not within the regulatory domain,” said Malhotra.

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New Income Tax Act to turbocharge growth, cut litigation: Panda

BJP leader Baijayant Panda, the chairman of the Parliamentary Select Committee that scrutinised the Income Tax Bill 2025, on Monday said, “This new Act will further turbocharge growth by making taxes easy to understand and easy to comply with, thus…

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Number of input tax credit fraud cases detected by GST officials doubles to 15,283 in 3 years

The number of input tax credit (ITC) fraud cases detected by Central GST formations in the last three years has more than doubled from 7,231 in 2022-23 involving an amount of Rs 24,140 crore to 15,283 cases in 2024-25 involving…

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Indian auto component makers see huge export potential in aftermarket: EY-Parthenon

Brazil, Indonesia, and Colombia, alongside emerging regions in Africa, offer strong growth prospects for Indian suppliers

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Indian stock market soars amid FII return, Sensex surges 746 points

The Indian equity market on Monday ended with around 1 per cent gains amid FII buying, bouncing back from the last trading session’s correction.

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  • Pay Commission: Bengal's 7th panel to cover non-teaching staff of state-aided universities, education boards—All we know

    Pay Commission: West Bengal's 7th panel will cover non-teaching staff of state-aided universities and education boards and examine their existing pay structure and service conditions. Here's all we know… 

  • Grandmother's ₹24.06 lakh gift: How land records and affidavit helped taxpayer win ITAT income tax case ruling in Jaipur

    The Jaipur ITAT deleted a ₹24.06 lakh unexplained income addition after accepting a gift from the taxpayer's grandmother. Find out why land records, loan repayment evidence and an affidavit helped establish the source of funds.

  • Gold ETF folios surge 164% in 3 years, outpacing equity mutual funds: Study warns against FOMO-driven gold investments

    Gold ETF folios surged 164% in three years, outpacing large-cap mutual funds. A recent study flags investor FOMO amid the gold rally and cautions against deviating from the recommended 5-10% gold allocation in portfolios.

  • CR7: 7 personal finance lessons from Portugal’s iconic No. 7 as Cristiano Ronaldo retires from international football

    Cristiano Ronaldo has retired from international football after a record-breaking 23-year career. Discover seven personal finance lessons from CR7 on SIPs, budgeting, diversification, financial discipline, wealth creation and long-term investing.

  • DA hike: Karnataka increases dearness allowance by 2.5%, and Arunachal Pradesh by 3% ahead of Diwali — Check details

    DA hike news: The Karnataka govt raised dearness allowance and dearness relief for state employees and pensioners by 2.5% to 18%, effective July 1, 2026. Arunachal Pradesh also approved a 3% increase, to 63%.

  • Not all fund managers follow the crowd: Here's a list of stocks that are present in only one mutual fund scheme

    While popular stocks feature across hundreds of mutual fund schemes, some stocks find a place in just one scheme's portfolio. Here is the list of 13 such uncommon picks, the schemes holding them, and what these fund managers' distinct stock-selection approaches mean for investors.

  • 8th Pay Commission: Railway employees seek higher salaries, better promotions and 4 other key benefits

    AIRF has submitted six key demands to the 8th Pay Commission, seeking higher railway employee salaries, better promotions, risk allowances, track maintainer parity and improved service benefits. Here's what railway staff want from the new pay panel.

  • Equity mutual fund returns in India average 13% over 30 years: Check SIP, lump-sum returns across 15 global markets

    How have Indian equity mutual fund returns compared with global markets over the past 30 years? A look at SIP and lump-sum performance across 15 countries offers insights for investors exploring long-term wealth creation and international diversification.

  • Bank holiday today: Are SBI, HDFC, ICICI branches open or closed on Saturday, 7 Nov ahead of Diwali? Check RBI calendar

    Bank holiday today: Check if public and private sector lenders including the State Bank of India and HDFC Bank will be open for customers across India on Saturday, 7 November, ahead of Diwali on Sunday. 

  • Diwali 2026: Ankur Warikoo explains 5 money habits that could be keeping you poor and how to change them

    Ankur Warikoo highlights five money habits that can keep you poor, from improper budgeting and high-interest debt to lifestyle inflation and delayed investing. Learn how to fix them this Diwali to strengthen savings and build long-term wealth.

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