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SBI Ventures plans to launch Rs 2,000 cr climate-focussed fund in Jan-Mar

SBI Ventures plans to launch a Rs 2,000 crore climate-focused fund in early 2025 to invest in early and growth-stage climate startups, particularly in frontier technologies and AI innovations. The fund aims to address India’s significant financing gap for climate…

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Supreme Court issues notice on plea concerning cash donations received by political parties

The Supreme Court is examining a plea against anonymous cash donations to political parties. The current law allows parties to receive undeclared cash gifts under Rs 2,000. This lack of transparency is seen as a threat to fair elections.

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Adani Group eyes aviation training business, planning to acquire pilot training firm FSTC

Adani Group’s defence arm is reportedly in advanced talks to acquire Flight Simulation Technique Centre (FSTC). This move, to be executed via a joint venture, aligns with Adani’s aggressive expansion in aerospace and defence, driven by rising demand for trained…

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Rupee crash explained: Why INR hit a record low & what happens next? Naveen Mathur weighs in

The rupee hit a record low of 89.66 against the US dollar, pressured by delays in the US–India trade deal, weak PMI data, and a wider trade deficit. Expert Naveen Mathur explains the reasons behind the sharp fall and why…

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Shaadi season arrives in full swing, fuels big fat business for India Inc

India’s wedding season is here, bringing a surge in spending. From hotels to jewellery stores, businesses are seeing high demand. This wedding boom, alongside festive shopping, is expected to significantly boost the economy. Experts predict strong growth, with millions of…

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RBI comes back swinging to hit the brakes on Indian rupee’s slide towards 90

On Monday, the Reserve Bank of India took decisive action to rein in the rupee’s alarming decline, which had approached the critical 90 mark against the U.S. dollar following a worrisome breach on Friday. By selling dollars into the market,…

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  • UPI new rules from Oct 15: What happens to insurance, SIP payments? Will Netflix, phone bills via AutoPay get costlier?

    New UPI rules effective October 15 introduce a 0.4% fee for merchant transactions above ₹2,000. While some costs may rise for consumers, person-to-person transfers remain free. Subscriptions via UPI AutoPay won’t incur additional charges, protecting users from unexpected increases.

  • Should you choose zero copay for your health insurance? Why? Why not? Explained

    A zero-copay health insurance policy reduces hospitalisation costs but often comes with higher premiums. It's crucial to compare coverage, premiums and potential expenses before selecting one.

  • ₹3,000 Annapurna Yojana payout on September 17, PM Modi’s birthday: Are you eligible to receive money? Check new rules

    On September 17, Prime Minister Modi's birthday, ₹3,000 will be credited to 1.58 crore eligible women under the Annapurna Yojana. 

  • EPFO wage ceiling raised to ₹25,000: How much could your ₹7L EPF insurance cover increase? Here's how to calculate

    The Union Cabinet raised the EPFO wage ceiling from ₹15,000 to ₹25,000, potentially increasing the life insurance cover under the EDLI scheme from ₹7 lakh to an estimated ₹10.5 lakh. This change could benefit between 50 lakh and 1 crore new EPFO members.

  • Moving funds from NRO to NRE? Crucial tax rules and transfer limits you need to know

    Transferring capital from an NRO account to an NRE account is fully permitted, but it remains strictly regulated by tax and foreign exchange rules.

  • Emergency fund in 2026: Does the textbook recommendation of 3-6 months’ savings still work amid AI concerns, job losses?

    Creating an effective emergency fund involves assessing essential expenses and estimating recovery time based on personal situations. 

  • Inheritance of online businesses in India: What happens to a creator’s digital assets after death?

    Succession planning for account access, earnings, intellectual property and commercial agreements is essential.

  • 8th pay commission: Last date to apply for Bengaluru meeting on 18 September — Here's how to submit online

    The 8th Central Pay Commission will visit Bengaluru on October 7-8, meeting with employee unions and pensioner associations to discuss various demands. Chaired by Justice Ranjana Prakash Desai, it aims to release final recommendations by May 2027.

  • Govt hikes wage ceiling for EPF coverage: We calculate how this could impact your pension payout at retirement

    The EPFO wage ceiling has been raised to ₹25,000, bringing an additional 51 lakh employees under mandatory provident fund cover, and widening social security coverage for workers. Today, we calculate how this can impact your pension payout.

  • Can visiting India bring your overseas salary under the tax net? What NRIs should know

    An NRI in Singapore for 12 years visited India to manage inherited assets after their mother's death. They anticipate a three-month stay and are questioning whether it will make their Singapore salary taxable in India. 

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