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Indian cities need $2.4 trillion for climate infrastructure by 2050, World Bank says

INDIA-CLIMATE/WORLDBANK (PIX)Indian cities need $2.4 trillion for climate infrastructure by 2050, World Bank says

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Chanda Kochhar-Videocon fraud case: A ₹3,250 cr loan, ₹64 cr bribe & ICICI’s top banker’s alleged role in it

The ICICI Bank-Videocon loan fraud case saw Chanda Kochhar, former CEO, found guilty. She accepted a ₹64 crore bribe for sanctioning a ₹300 crore loan. The appellate tribunal upheld the Enforcement Directorate’s charges. It termed the transaction a quid pro…

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Indian equities remained resilient in June despite geopolitical issues: Report

Indian equities remained resilient in June despite mid-month volatility triggered by geopolitical tensions, backed by robust domestic macroeconomic indicators and a gradual improvement in investor sentiment, a report said on Tuesday.

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Raise Financial Services appoints Amit Gupta as Group CFO

Raise Financial Services, parent of trading platform Dhan, has appointed Amit Gupta as Group CFO to lead its next phase of growth. Gupta brings over 20 years of experience from Arka Fincap, Indostar Capital, and ICICI Bank. The appointment comes…

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Mumbai’s luxury real estate market records transaction worth Rs 14,750 crore in six months

Mumbai’s luxury real estate market soared in H1 CY’25, achieving record sales of Rs 14,750 crore, an 11% increase from the previous year. This surge is fueled by India’s expanding wealth base and a growing number of billionaires. Worli remains…

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CAG flags Indian Railways ₹573 crore loss due to financial and operational lapses

According to the CAG, the Ministry of Railways continues to face issues in revenue management, contract enforcement, and planning.

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News

  • New EPF Scheme 2026 comes into effect: Here's what changes and what remains the same for EPFO subscribers, explained

    The government's new EPF Scheme 2026 has come into effect as part of the Social Security Code 2020. Today, we explore and explain how and what has changed for EPFO subscribers and what remains the same.

  • EPS-2026 rules: Will you get pension if you leave your job before completing 10 years of service?

    The central government has implemented EPS, 2026, replacing older pension schemes. Key provisions remain intact, but questions about eligibility for employees leaving before 10 years persist. Here's what the new rules say.

  • Yen at record low: Should Indian investors be worried? Experts weigh in

    The yen’s weakness is not just a Japan story. For Indian investors, the impact is mostly indirect. While short-term volatility may rise if global carry trades unwind, experts agree that disciplined long-term investing remains the most effective way to navigate these macro cycles.

  • EPS-2026 replaces EPS-95: Does the ₹1,000 minimum pension continue? Here's what has changed

    The Centre has introduced the Employees' Pension Scheme (EPS), 2026, replacing older versions. While procedural changes have been made, the minimum monthly pension remains fixed at ₹1,000, unchanged since 2014.

  • Bajaj Auto's ₹5,632 crore buyback: How will your buyback proceeds be taxed?

    Bajaj Auto's ₹5,632.8-crore share buyback will be taxed under the new capital gains framework that came into effect on April 1, 2026, changing how shareholders report and pay tax on shares accepted in the buyback.

  • Mis-sold insurance? How to challenge a forced insurance policy sold as an FD

    If an insurance policy has been issued without informed consent or through misrepresentation, the policyholder has the right to challenge the transaction.

  • 8th pay commission: Here's how much minimum estimate of 1.83 fitment factor can hike salaries for employees

    8th pay commission: With discussions underway, we calculate how much of a salary hike the minimum estimate of 1.83 fitment factor could provide for central government employees and pensioners. Here's a look…

  • Why Schedule FA is about complete disclosures, not precise valuations

    Indian residents with foreign stocks, employee stock ownership plan or bank accounts must disclose them in Schedule FA regardless of whether they were sold. 

  • Why every loan default deserves a different recovery strategy

    AI and behavioural data can help lenders tailor debt recovery to each borrower's circumstances—improving repayments while replacing aggressive collections with more empathetic engagement.

  • How ITR will decide motor accident compensation: SC issues new guidelines for salaried, self-employed and non-filers

    The Supreme Court clarified income assessment for motor accident compensation, addressing salaried and self-employed individuals, and non-filers. Details here.

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