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IIP data decoded: Manufacturing, electricity lift India's industrial growth to 5.1% in May

India’s industrial activity showed robust growth in May 2026, with the IIP climbing 5.1% year-on-year, driven by strong manufacturing and electricity output. Capital goods led the expansion, surging 12.9%. The Ministry of Statistics also announced a significant methodological shift, replacing…

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Axis Bank CFO Puneet Sharma resigns after six years, to step down on August 31

Private sector lender says Sharma will leave to pursue the next phase of his professional career; successor yet to be named.

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Eleven invests Rs 216 cr into financial services biz, total investment rises to Rs 470 cr

Diversified group Eleven has injected Rs 216 crore into its financial services arm, pushing total investment to Rs 470 crore over four years. This strategic move aims to bolster its scaled financial services franchise, with its NBFC, SVCL, having served…

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Portal glitches put thousands of GST appeals at risk; experts seek deadline extension

Tax professionals, industry bodies and bar association urge Finance Ministry to defer June 30 cut-off, citing technical issues on GSTAT portal and nearly nine years of pending litigation.

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Info Edge brings Himanshu Agarwal on board as CFO.

Himanshu Agarwal will be the new CFO of Info Edge, an Indian internet company that operates online classifieds platforms and invests in early-stage technology. He currently serves as Whole-time Director and CFO at Cohance Lifesciences.

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India's IIFCL plans $1 billion loan; in talks for $400 million ADB funding

The Indian company is the latest to ‌tap into the ⁠foreign ⁠lending market after the Reserve Bank of India introduced a series of ​measures to boost dollar inflows and support the rupee.

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  • 8th pay commission: Rent increase, no hike since 2017 — Here's why the NC-JCM is demanding HRA revision

    8th pay commission: Current house rent allowance rates were set in 2017 last, according to National Council – Joint Consultative Machinery. Here's why the NC-JCM has demanded that HRA be revised…

  • DA hike: Will implement 7th pay commission, bridge dearness allowance gap with Centre this fiscal, says West Bengal CM

    Dearness Allowance: West Bengal CM Suvendu Adhikari says his government aims to implement the 7th pay commission this fiscal and bridge the salary gap between its state and central government employees with a DA hike.

  • Can my father sell ancestral property without my consent?

    If your father inherited property from his father, can he sell or bequeath it without your consent? Here's what Hindu law says about ancestral property and coparcenary rights.

  • SOA vs demat account: Which option is better for mutual fund investors after SEBI's latest move?

    SEBI’s move to allow standing instructions for SWP and STP facilities on demat-held mutual fund units is a significant step towards improving investor convenience. While SOA may offer lower costs, demat provides consolidated portfolio management and a single nomination facility for investors. 

  • Talliki Vandanam scheme 2026: Beneficiary students get ₹13,000 benefit; here's how to check your payment status

    Beneficiaries under Andhra Pradesh's Talliki Vandanam scheme 2026 have begun receiving their ₹13,000 deposit in their accounts from today, 22 July. We explain the eligibility criteria, how to apply, and how you can check payment status.

  • Digital lending in India: How Aadhaar, payments and account aggregators are changing credit

    India's lending ecosystem has evolved through digital innovation and public-private partnerships, enhancing data sharing and analysis. 

  • Buying or investing in silver: Here's how silver ETFs, FoFs, jewellery and utensils are taxed

    The tax treatment of silver depends on the investment route and the holding period. While capital gains tax applies to ETFs, FoFs and physical silver, the purchase of physical silver also attracts GST.

  • How account aggregators are making credit more inclusive in India

    India's Account Aggregator framework enhances Open Finance by enabling secure, consent-based sharing of financial data.

  • No foreign equities: Why Bajaj AMC's Nimesh Chandan swears by India

    Home bias isn't a tactical call based on current market conditions but an investing philosophy Bajaj AMC's Nimesh Chandan has followed for years.

  • Sold inherited property at a loss? Check how to report capital loss in ITR-2 and save future tax

    Selling inherited property at a loss requires correct reporting in ITR-2. Understand capital loss calculation, carry-forward rules, documentation needs and tax filing steps to claim eligible benefits and stay compliant under the Income Tax Act.

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