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BP to sell 65% stake in Castrol to Stonepeak for $6 billion

BP has agreed to sell a 65% stake in its Castrol lubricants business to U.S. investment firm Stonepeak for approximately $6 billion. This move is a significant step in BP’s $20 billion divestment plan. The sale aims to reduce debt…

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Adani Power raises capacity target to 41.87 GW by FY32, commits ₹2 lakh crore capex

The revised target marks a sharp step-up from the company’s earlier plan of 30.67 GW by FY30.

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Delhi HC slams Centre over no GST exemption on air purifiers in ’emergency situation’

The Delhi High Court has expressed strong displeasure with authorities for failing to grant tax exemptions on air purifiers. The court highlighted the current emergency situation with ‘very poor’ air quality. It urged authorities to consider temporary tax relief for…

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India okays new airlines in attempt to challenge aviation duopoly; Al Hind Air, FlyExpress, Shankh Air cleared for takeoff

India’s aviation sector is bracing for new competition. Two airlines, Al Hind Air and FlyExpress, have received government approval. Shankh Air, already cleared, plans to launch operations next year. This move aims to break the market’s duopoly, currently dominated by…

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Despite global FDI slowdown, India’s gross inflows remain healthy in FY26: CareEdge Ratings

Even as global foreign direct investment (FDI) has been losing momentum over the years, India’s gross FDI inflows have remained resilient, supported by steady investment interest, according to a report by CareEdge Ratings.

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Auto dealers move SC seeking refund of ₹2,500 crore GST compensation cess

Dealers paid compensation cess on inward supplies expecting set-off, but with GST 2.0 ending cess liability and no transition mechanism, the credit is now unusable.

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  • 430 mutual funds hold Eternal as the Zomato-Blinkit parent gains 45% in six months: Which funds are betting big?

    Eternal, the parent company of Zomato and Blinkit, has gained 45.36% in six months, while 430 actively managed mutual fund schemes held the stock in July 2026. HDFC Consumption Fund had the highest allocation at 10.7%, followed by several schemes with more than 8% exposure.

  • Bengaluru tenant gets only ₹19,000 of ₹1.3 lakh security deposit: What does the law say on arbitrary deductions

    A security deposit is the tenant's property, held in trust by the landlord against proven dues, and cannot be arbitrarily deducted under Indian tenancy law and property jurisprudence.

  • Is your employer depositing PF every month? Here's how to check, what to do if they're not

    Employees should verify that their PF contributions are deposited with the EPFO, as deductions on salary slips don't guarantee deposits. Here's how to check and what to do if monthly deposits are missing. 

  • One flexi-cap, one mid-cap, one small-cap fund. Is your portfolio really diversified? Experts explain

    One flexi-cap, one mid-cap and one small-cap fund may be enough for diversification, but three schemes do not automatically mean a well-diversified portfolio. Experts explain why investors should check stock overlap, sector exposure and risk before adding more mutual funds.

  • Bank holiday today: Are SBI, HDFC, ICICI branches closed on Monday, 14 September, for Ganesh Chaturthi?

    Bank holiday today: Public and private banks in Mumbai, Bengaluru, Chennai, and Hyderabad among other cities, are closed on 14 September for Ganesh Chaturthi. Net and app services are available for customers.

  • 3 flexi-cap funds hold 52% of category's AUM: Are these biggest schemes also leading in performance?

    Three flexi-cap funds account for more than half of the category's total AUM. But does their dominance in assets also translate into stronger returns? A comparison of one-year and five-year performance reveals a different picture for investors.

  • Debt Avalanche vs Debt Snowball: Which method to choose to clear loans? Clear smaller bill or tackle more interest?

    Two repayment methods, debt avalanche and debt snowball, help borrowers manage multiple loans. Both methods require consistent minimum payments and strategic allocation of extra funds toward one debt.

  • Bond yields remain high: How much can you earn over a 10-year investment period — and what should you do now

    Debt returns have historically stayed relatively steady over the long term, but the current high-yield environment raises questions for investors. With interest rates on pause and inflation shaping return expectations, here’s what investors need to know before assessing debt allocation.

  • Moving back to India after decades abroad? 6 money moves to make before you return

    A structured guide to managing foreign assets, updating bank status, and optimizing tax efficiency when relocating back to India

  • Think before you claim car insurance: You could lose more than you gain; read this to find out

    Before claiming car insurance for a repair bill, evaluate potential No Claim Bonus impacts. 

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