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Mukand Sumi to set up ₹2,345 crore greenfield steel plant in Karnataka

Mukand Sumi Special Steel Ltd. (MSSSL) will invest ₹2,345 crore to establish a greenfield integrated steel plant in Karnataka, aiming for operational status by early 2028. This expansion will nearly double MSSSL’s capacity to 0.7 MTPA, emphasizing sustainability with renewable…

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India’s 7.8% GDP growth sparks optimism, but sustainability faces key tests

India’s GDP grew 7.8% in Q1, driven by strong services and manufacturing. Economists caution the momentum may ease as one-off factors fade, fiscal space narrows, and exports face U.S. tariff pressure. Full-year growth is expected at 6.6%, slightly above RBI’s…

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Supreme Court to hear plea today against ethanol-blended petrol

The Supreme Court is slated to hear on Monday a public interest litigation (PIL) challenging the Centre’s “unregulated” rollout of E20 petrol (20 per cent ethanol blended petrol) as the default petrol.

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NSE, BSE impose fine on MTNL over non-compliance with Sebi rules

Mahanagar Telephone Nigam Ltd (MTNL) faces penalties from the NSE and BSE, totaling ₹13.46 lakh, for failing to meet SEBI’s board composition norms. The non-compliance includes the absence of a woman director and issues with audit, nomination, remuneration, stakeholder relationship,…

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India’s factory growth hits more than 17-year high in August, PMI shows

India’s manufacturing sector surged in August, reaching a 17-year high driven by robust production and strong demand. While domestic orders remained resilient, new export orders experienced a slight slowdown, potentially influenced by increased U.S. tariffs. Despite inflationary pressures and concerns…

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Connectivity without respect for sovereignty loses trust and meaning: PM Modi at SCO Summit

Prime Minister Narendra Modi, delivering his opening remarks at the Shanghai Cooperation Organisation (SCO) Summit in Tianjin on Monday, underscored that connectivity initiatives which bypass sovereignty ultimately “lose trust and meaning”.

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News

  • EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered

    EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.

  • Can you gift overseas property tax-free? What returning NRIs and OCIs should know

    Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.

  • Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report

    Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…

  • From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances

    Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.

  • How NRI money could allow Indian banks to lend more to businesses? Axis Bank CEO explains

    Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.

  • 8th pay commission: Check how much salary could increase with conservative 2.1 and optimistic 3.83 fitment factor

    8th pay commission: Multiple groups, industry watchers, and reports estimate fitment factor could rise up to 3.83. Today we calculate how the conservative and optimistic estimates could each impact your salaries

  • How rupee movements directly affect your gold ETF returns: Experts explain the impact

    For Indian investors, gold ETF returns are driven by global gold prices and currency movements. A weaker rupee can amplify gains, while a stronger rupee can reduce them. However, experts caution against making investment decisions solely on exchange rate expectations.

  • Axis Greater China Equity FoF vs Edelweiss Greater China Equity Offshore Fund: Risks, returns and portfolio compared

    Edelweiss Greater China Equity Offshore Fund has delivered slightly higher average returns and marginally better risk-adjusted performance, while the Axis Greater China Equity FoF has experienced lower volatility and has a higher Sortino ratio.

  • Dearness Allowance: What is DA merger and why the issue is in focus now, explained

    Dearness Allowance: DA and DR are revised twice annually based on the All-India Consumer Price Index (AICPI) formula as prescribed under the 7th central pay commission. Today, we explain DA merger and why the issue is in focus now.

  • Can your tax refund be denied if you missed filing ITR last year? Here are your options

    Missing the income tax return deadline doesn't eliminate the possibility of claiming a refund for excess tax deduced in FY 2024-25, but options are limited. Details here. 

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