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Niva Bupa gets IRDAI nod for Ashwani Bhatia as chairperson

Ashwani Bhatia succeeds Milind Gajanan Barve, who resigned as an independent director and chairman of the board effective June 2, 2026, citing persistent health issues.

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Milky Mist Dairy Food mops up Rs 465 crore from anchor investors ahead of IPO

Milky Mist Dairy Food raised ₹465.29 crore from anchor investors ahead of its IPO opening on August 11. The ₹1,553 crore issue offers shares priced at ₹133-140, with a minimum investment of ₹14,980. The IPO closes August 13, targeting a…

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AI in banking must move beyond retail to farms, MSMEs: SBI Chairman Setty

In a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI’s transformative potential for the Indian banking sector. He asserted that widening credit opportunities for small businesses and farmers through AI is essential to realize India’s…

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Financials lead Indian shares lower as higher crude prices spur caution

Indian shares opened lower on Tuesday, with financials leading the declines. Elevated crude oil prices pressured investor sentiment, impacting risk appetite. Information technology stocks provided some support, rising modestly in early trade. Foreign investors continued their buying trend, adding to…

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MSME Amendment Bill 2026 Explained: What changes for corporate payments, disputes and CFOs

The legislation passed by Parliament links invoice settlement, dispute resolution and recovery more closely, while leaving key classification, registration and implementation details to subsequent rules and notifications.

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Sensex falls over 300 points, Nifty below 24,550 as oil prices rise. What lies ahead?

On Tuesday, Indian stock markets experienced a downturn influenced by increasing oil prices and escalating tensions in the Middle East. Nevertheless, the broader markets displayed resilience as small and midcap indices thrived. Foreign institutional investors found encouragement in favorable Q1…

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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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