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Falling crude prices give RBI more room to support growth: Standard Chartered

Falling global crude oil prices are giving the Reserve Bank of India (RBI) and several other Asian central banks greater flexibility to focus on supporting economic growth, as lower energy costs ease inflationary pressures and improve external balances, according to…

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TPG acquires Aseem Infrastructure from NIIF with GIC, ICICI backing

Global private equity firm TPG is acquiring a full stake in Aseem Infrastructure Finance, a leading sustainable infrastructure debt financier. Partnering with Singapore’s GIC and ICICI Bank, TPG’s climate investing platform will take over the company, which has funded significant…

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Jindal Stainless appoints former Adani Energy Solutions finance chief Kunjal Mehta as CFO

Mehta joins the stainless steel maker after serving as Chief Financial Officer at Adani Energy Solutions, bringing over 25 years of finance leadership experience across the steel, power, ports and logistics, and technology sectors.

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Exclusive: ICAI seeks law backed crypto assets framework, says no divergence from RBI's position

People aware of the matter told ETCFO that the accounting body urged a cautious, legislation backed approach to Virtual Digital Assets before the Parliamentary Standing Committee on Finance while making it clear that it neither endorsed such assets nor expressed…

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NSE eyes September launch for $3 billion IPO; marketing likely to begin next week

India’s National Stock Exchange is gearing up for a massive Initial Public Offering, potentially one of the country’s largest ever. Formal marketing is set to begin next week, with investor meetings planned globally. The exchange aims for a September IPO,…

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Laser Power & Infra sets price band for Rs 742 crore IPO; GMP signals 11% premium. Check details

Laser Power & Infra has fixed the price band for its Rs 742-crore IPO at Rs 203-214 per share. The issue opens on July 9 and closes on July 13, with an 11% grey market premium indicating strong investor interest.…

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News

  • EPFO: Check withdrawal rules for members, conditions for partial withdrawal, how to make PF claims — Stepwise guide

    Here's a look at the EPFO's provident fund withdrawal process for members — from conditions for partial withdrawal, minimum balance required, limits, types of claims, which forms to submit, and more.

  • Unknown SIM linked to your Aadhaar? Check before it's too late; here's how to identify

    With the growing misuse of identity documents, it is important to regularly check how many mobile numbers are registered in your name.

  • Pension pending since 1996! Here's how spouses of two defence retirees received arrears of over ₹48 lakh

    Department of Pension and Pensioners’ Welfare conducted Special Campaign 3 and successfully resolved 2,306 cases of family pensions, disability pensions, war injury element arrears, among other claims. 

  • Punjab DA hike: Which govt employees will get jump from 42% to 60%? Check details here

    Punjab has proposed hiking dearness allowance of 85,000 state government employees from 42% to 60%, according to Cabinet Minister Aman Arora. Recommendation will be sent to CM Mann for final approval. 

  • 7th Pay Commission DA hike: What is AICPI-IW? Why it matters so much for amount calculation for central govt employees

    7th Pay Commission DA hike: What is the AICPI-IW? We explain its significance and why it matters so much for salary amount calculation for central government employees and pensioners in India.

  • Insurance fraud: ₹15 lakh landed in senior citizen’s account, HC said mere receipt of money doesn’t prove guilt

    A 78-year-old retired IFS officer got ₹15.15 lakh in his bank account linked to an alleged insurance fraud. The Madhya Pradesh High Court granted him anticipatory bail, saying merely receiving crime proceeds did not prove knowing involvement.

  • ITR deadline for businesses and professionals: Who gets time until October 31 to file their returns?

    The ITR filing deadline for businesses and professionals is later than the due date for most individual taxpayers. Taxpayers subject to audit have until October 31, 2026. Full list here.

  • EPF account rules: When does an EPFO account become inoperative, and what should members do?

    EPF account rules explained: Know when an EPFO account becomes inoperative, when interest stops, and how members can withdraw or transfer their PF balance using Form 19, Form 13 and other EPFO services.

  • Credit-risk funds deliver 8.97% 3-year returns, highest among debt funds. Should you invest? Experts flag key risks

    Credit-risk funds delivered 8.97% returns over three years, emerging as the best-performing debt mutual fund category amid improving corporate fundamentals. Experts caution that higher returns come with greater credit, downgrade and liquidity risks, making portfolio quality crucial for investors.

  • 8th Pay Commission: DA may hit 66%-67% by January 2027 as AICPI-IW points to another hike

    Central government employees may see DA rise to 66%-67% from January 2027 if AICPI-IW remains strong. The projection is based on the existing 7th Pay Commission formula and is not an official government announcement.

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