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Govt appoints Asheesh Pandey as MD of Union Bank, Kalyan Kumar as head of Central Bank of India

The government has appointed new leaders for two public sector banks. Asheesh Pandey will now serve as MD and CEO of Union Bank of India. Kalyan Kumar is set to head Central Bank of India. These appointments were approved by…

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Ramky Infrastructure Appoints Sunil S Nair as CEO, Sravanth Rayapudi as CFO

Ramky Infrastructure Limited has announced top management changes effective October 1, 2025, with Sunil S Nair appointed Chief Executive Officer and CA. Sravanth Rayapudi named Chief Financial Officer. The Board said the appointments are part of a strategy to reinforce…

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Why is Tata Capital pricing its IPO far below unlisted levels?

Tata Capital’s ₹15,512-crore IPO is priced at ₹310-326 per share, a significant discount to its unlisted market price of ₹735. This has disappointed investors who bought unlisted shares at much higher valuations, expecting robust listing gains. Experts caution that unlisted…

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Indian economy to grow at 6.5 pc in FY26; US tariffs to weigh on exports: ADB

ADB projects India’s economy will grow 6.5 percent this fiscal year. US tariffs on exports will reduce prospects. First quarter growth was 7.8 percent. Domestic demand and service exports will cushion the impact. RBI cut repo rates to 5.5 percent.…

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Nasscom planning local benchmarks for Indic AI models

The plan is in its early stages, with Nasscom AI, the industry body’s AI initiative, set to start consultations with industry experts and developers in the next couple of weeks. If feedback is positive, the lobby group will approach the…

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Vedanta Resources plans to raise $500 million to refinance costly debt

The senior notes, issued via Vedanta Resources Finance II, will be guaranteed by parent VRL and subsidiaries including Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II. The deal, launched under Rule 144A/Reg S, is expected to be priced…

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  • ₹2 lakh a month for a normal life': Man says 'Bombay, Bangalore and Gurgaon may exhaust you'

    He listed routine expenses such as rent, groceries, fuel, Uber rides, house help, gym memberships and occasional meals out, along with a few lakh rupees spent on travel every year.

  • How SpaceX benefits as Nasdaq eases its index inclusion rules | What changed and how it impacts the investors

    SpaceX will join the Nasdaq 100 on July 7 due to amended eligibility rules, allowing quicker inclusion for newly listed companies. This change could attract $4.3 billion in passive inflows from ETFs and mutual funds, potentially boosting SpaceX's stock price significantly.

  • Section 80C: Which small savings schemes qualify for tax deduction and which don't?

    Post office small savings schemes are popular for conservative investors, offering safety, assured returns, and competitive interest rates. Here's the list of schemes that qualify for tax deduction under Section 80C.

  • PPF withdrawal before 15 years: When can you withdraw early and is there a penalty?

    To access funds from a PPF account before maturity, account holders can make partial withdrawals or close the account early under specific conditions after five years. Here's all you need to know about the withdrawal rules.

  • Gold vs Nifty 50: Which investment created more wealth over the past 10 years?

    The analysis shows gold has significantly outperformed the Nifty 50 over the short term, particularly in the last one to five years. Over 10 years, both gold and the Nifty 50 have delivered broadly similar long-term returns.

  • International travellers: Compare options before your next foreign trip to save up to 12% on card charges and fees

    Planning an international trip? Choosing the right card can save you up to 12% in associated fees and charges on every international transaction and ATM cash advance cost when travelling abroad. Here's how…

  • How much should a 30-year-old invest monthly to retire comfortably? Expert guides

    Start planning today for a secure tomorrow with smart retirement investments. This article explains how much a 30-year-old should invest monthly, covering inflation, SIP planning, and retirement corpus goals for a comfortable future.

  • Nifty Auto Index explained: Meaning, top constituents, investment options, benefits, and key risks

    Nifty Auto Index is a sectoral stock market index that tracks the performance of India's automobile industry by comprising 15 actively traded and NSE-listed companies. One of the simplest ways to get exposure to the Nifty Auto Index is through index funds and ETFs. 

  • As SpaceX joins Nasdaq 100 on July 7, Indians can now invest in the stock through these mutual funds

    SpaceX will join the Nasdaq 100 on July 7, prompting passive investments expected to reach $4.3 billion. Indian investors can access SpaceX indirectly via mutual funds tracking the index, gaining a small stake alongside leading tech firms like Apple and Microsoft.

  • Which city could become the next Bengaluru? Hyderabad, Pune and 4 others make ANAROCK's list

    Bengaluru, India's IT hub, faces competition from cities like Hyderabad and Pune, which are experiencing rapid growth in residential and commercial real estate. 

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