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Amendment to Taxation Act, Payment and Settlement Systems Act get President's assent

President Droupadi Murmu has assented to two new laws passed by Parliament. The Taxation and Other Laws (Amendment) Act, 2026, aims to attract foreign capital. This act also promotes domestic electronics manufacturing and offers process certainty. The Payment and Settlement…

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India, US must address friction points, work on predictable taxation: Ambassador Gor

US Ambassador Sergio Gor urged India and the US to address friction points as true partners. Predictable taxation and regulatory frameworks are needed for businesses to thrive and grow. He stressed candid engagements on export controls and intellectual property protections…

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UPI growth pushes banks to look beyond payments for revenue: McKinsey

The rapid growth of India’s Unified Payments Interface (UPI) is putting pressure on traditional payment revenue streams, pushing banks and fintech companies to look towards lending, merchant solutions and other value-added services to generate revenues, according to an August 2026…

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SEBI tightens mutual fund sponsor disclosure norms

The capital markets regulator introduces a streamlined single application form requiring detailed disclosures on ownership, financial health, and governance from new fund applicants.

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India's tanker exports surge over six-fold to USD 1.36 billion in Q1 FY27; UAE leads

India’s tanker exports surged dramatically in the June quarter, soaring six times compared to previous figures. The UAE emerged as the top importer, while Singapore and various Middle Eastern nations also boosted their purchases of Indian tankers. This impressive growth…

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Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIF

Godrej Industries Group is entering the private credit market with a new fund. The company aims to raise up to two thousand crore rupees for this venture. This new alternate investment fund will focus on mid-market companies. Financing will be…

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  • Mutual funds take ₹2,495 crore exposure in NSE IPO anchor book: Nippon India Large Cap tops the list of 10 schemes

    NSE’s IPO anchor book saw mutual fund schemes receive shares worth nearly ₹2,495 crore. Here are the top 10 schemes with the largest allocations and what their exposure means for existing investors. 

  • How is your financial health? Answer a few simple questions to find out where you stand in investment, insurance, loans

    A regular salary isn't the sole indicator of financial health. Insurance, savings, debt, and retirement planning are crucial. SEBI's Financial Health Check quiz helps evaluate your financial habits and suggests improvements. 

  • Property sale in India: NRI sellers face different TDS rules from residents—here's what to know

    Selling property in India can trigger very different TDS rules for NRI and resident sellers. While buyers generally deduct 1% TDS on qualifying purchases from residents, NRI property sales are taxed differently, with the deduction linked to applicable capital gains tax rates.

  • RD interest rates: How much can you actually earn? Check what post offices and major banks offer

    Total savings from RD investments vary with monthly contributions and deposit periods, and banks are rated for different timeframes.

  • 5 lessons from The Diary of a CEO: The 33 Laws of Business and Life by Steven Bartlett

    Steven Bartlett’s The Diary of a CEO examines key habits that influence personal and professional growth. It emphasises the importance of knowledge, skills, and gradual improvements.

  • Top 5 mid-cap mutual funds with the highest and lowest benchmark overlap: Do more active bets mean better returns?

    Active mutual funds are expected to take different bets from their benchmarks. But mid-cap fund portfolios show a wide variation in benchmark overlap. Here's what this difference means for investors and whether taking more active bets translates into better returns.

  • EPFO wage ceiling raised to ₹25,000: Know the impact on contributions, pension and EDLI benefits — all FAQs answered

    The EPFO wage ceiling has risen from ₹15,000 to ₹25,000, bringing over 51 lakh employees into coverage. Know how the change could affect EPF deductions, employer contributions, pension, and EDLI insurance. 

  • Bank Strike September 28-30: SBI advisory on UPI, internet banking, ATM services - What you should know

    United Forum of Bank Unions (UFBU) proposed three-day strike from September 28 to 30, 2026. SBI issued an advisory on banking services, UPI, ATM and more.

  • Bank FD rates for Senior citizens: How much will they earn from different banks? Check Bank of India, SBI and more

    Senior citizens can earn up to 7.45% yearly interest. Earnings vary by bank and deposit period. Check the details.

  • No cash accepted! PVR INOX insists on UPI payment only; customer sends legal notice — here's what the rules say

    Ahmedabad advocate Utkarsh Dave has sent a legal notice to PVR INOX for refusing to accept cash for movie tickets and food, questioning their cashless-only policy. Check rules here.

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