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Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate…

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L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory

Larsen & Toubro will build India’s largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 GPUs in Chennai. The project marks L&T’s significant entry into the AI Factory business sector. This facility will support…

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Indel Money to raise up to Rs 500 crore via public issue of NCDs

Indel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and close on August 31, with an option for early closure. Proceeds will fund onward lending,…

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Sensex falls over 200 points, Nifty below 24,350 as expiry volatility looms. What lies ahead?

Indian equities extended losses on Thursday, with Sensex falling over 150 points and Nifty declining over 95 points amid expiry-day volatility. Bajaj Finance and IndiGo led gains, while M&M and Kotak Mahindra Bank slipped. Broader markets remained mixed, with auto…

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N Chandrasekaran’s five big moves: The bets and battles that defined his Tata Sons tenure

From rebuilding Tata’s aviation franchise to placing a massive bet on semiconductors and accelerating the group’s energy transition, N Chandrasekaran’s decade at the helm has been defined by long term bets aimed at reshaping the conglomerate for India’s next phase…

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Chandrasekaran exit marks end of transformative Tata era, CFOs flag succession challenge

Finance leaders credit Tata Sons chairman with execution discipline, capital allocation rigour and group consolidation, while succession emerges as a key challenge.

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  • 8th pay commission: Deadline for consultant role applications ends tomorrow — Here's how to submit, check eligibility

    The 8th Pay Commission is set to close applications for contract-based consultant roles on its website on Monday, 31 August. With the deadline looming we explain the eligibility, and where and how to submit your applications…

  • UPI set for Uzbekistan rollout as India expands digital payments footprint and strengthens bilateral ties

    Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country. 

  • These taxpayers can't switch between old and new regimes every year: Know Form 10-IEA rules, deadline and filing process

    Taxpayers with business or professional income cannot switch between the old and new tax regimes every year. Form 10-IEA is required for the switch, with restrictions on re-entering the old regime. Here's what taxpayers filing ITR-3 and ITR-4 need to know for AY 2026-27.

  • Odisha govt employees: Salary may be deducted for unpaid alimony, maintenance; what order means for your money

    Odisha govt employees who default on court-ordered alimony or maintenance payments may now have the amount deducted directly from their salaries. The payment will be transferred to beneficiaries, with cases integrated into the state’s HRMS for automated compliance.

  • 5 innovation thematic funds posted over 15% returns in 1 year, with Bandhan leading the category; no scheme in the red

    Innovation funds invest in companies driving new technologies and disruptive trends. The category has seen varied performance over the past year, with some funds delivering strong double-digit returns. However, none of the funds posted a negative return during the period.

  • Indian equities, debt, gold and US stocks: How should investors allocate money across these asset classes?

    A diversified portfolio can perform very differently depending on how you split your money across Indian equities, debt, gold and US equities. Here’s what 16 financial years of data, from FY2011 to FY2027 year-to-date, reveal about the returns across these asset classes.

  • Want to sell inherited agricultural land? Here are the tax breaks available

    Inherited agricultural land can attract capital gains tax if it qualifies as urban agricultural land, but reinvestment in a home, agricultural land or specified bonds can help reduce the tax burden.

  • Why Gurgaon court upheld ₹2 lakh monthly maintenance for estranged wife despite husband’s 50% income drop

    Gurgaon court upheld ₹2 lakh monthly maintenance for an estranged wife despite her husband’s reported income decline and home loan liabilities.

  • DA news: After Punjab workers strike, state govt directs show cause notices be sent to absent employees — Latest updates

    DA news update: After workers in Punjab undertook a strike on 27 August to push for pending DA and other demands; the state govt has hardened its stance and directed officers to issue notices for ‘unauthorised’ absences. 

  • Jeevan Pramaan system for NRIs: Why online life certificate submission fails? Check 4 alternatives available

    Submitting the annual life certificate digitally presents persistent hurdles for pensioners living overseas. Common roadblocks include Aadhaar verification failures, lack of access to an Indian mobile number for OTP delivery, and a total reliance on family members for technical assistance

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