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IPO fundraising hits record in 2025; over Rs 4 lakh crore issues line up for 2026

India’s primary market achieved a historic milestone in 2025, with initial public offerings raising a record Rs 1.76 lakh crore. This marks the second consecutive year of record IPO fundraising. While overall equity fundraising saw a decline due to fewer…

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Real-time income tax refund tracker on the ITR e-filing portal is needed in Budget 2026, say experts

Experts are urging the government to introduce a real-time income tax refund tracker on the e-filing portal ahead of Budget 2026. This move aims to alleviate taxpayer anxiety and financial planning challenges caused by delayed refunds. The proposed tracker would…

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RIL denies report on govt seeking $30 billion compensation

RIL stated the actual government claim is $247 million, a figure consistently disclosed in its financial statements. The dispute stems from disallowed investment costs and ongoing arbitration proceedings.

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M&M overtaking Hyundai to get into second spot

Tata Motors is expected to secure the third position. This shift highlights the dynamic nature of India’s growing automotive sector.

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India poised to become $26 trillion economy by 2047-48: Report

Even while maintaining a stable yet modest growth rate averaging about 6 per cent per annum, India would become a US$26 trillion economy by 2047-48, with a per capita income exceeding $15,000, which is nearly six times the current value,…

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2025 turns into a ‘goldilocks year’ for India’s economy: Govt

India experienced a “goldilocks period” in 2025, with real GDP growth accelerating to 8.2% in Q2 FY26, driven by robust domestic consumption. Inflation softened sharply to historic lows, while unemployment declined to multi-month lows, signaling a strengthening economy. The nation…

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News

  • Critical illness cover: Who needs it and what to watch for

    Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.

  • AI may change the world. That doesn’t make it a good investment

    Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.

  • Bank holiday next week: SBI, HDFC, others closed for four days between June 22 and June 28; check here

    Private and public sector banks in India will be closed for four days next week from 25 to 28 June 2026 due to regional holidays, including Muharrum and weekends. Customers should check the RBI holiday calendar for specific bank closures across different states.

  • Renting a house but not receiving HRA? Non-salaried individuals can still claim tax deduction on rent

    Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.

  • Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think

    As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.

  • India’s crypto boom is moving beyond men in metros: How women and small-towns are driving the shift?

    India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.

  • Bihar approves Sindhu Darshan Yatra grant: Pilgrims can claim up to ₹20,000 travel reimbursement

    Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses

  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

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