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GST collection rises 6.2% in June to Rs 1.85 lakh crore amid sequential dip

India’s GST collection rose 6.2% year-on-year to Rs 1.85 lakh crore in June, even as monthly collections moderated. With FY25 mop-up hitting a record Rs 22.08 lakh crore—doubling in five years—the government marks eight years of GST with its highest-ever…

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Gross GST collections double in five years to hit record ₹22.08 lakh crore in FY25

India’s Goods and Services Tax (GST) collections have doubled in the past five years, reaching a record ₹22.08 lakh crore in FY25, a 9.4% year-on-year growth. The average monthly GST collection in FY25 stood at ₹1.84 lakh crore, improving from…

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Centre extends FSIB chairman, other team members’ tenure by one year

The government has approved an extension for Bhanu Pratap Sharma. He will continue as the chairman of the Financial Services Institutions Bureau. His term is extended for one year. The extension is effective from July 1, 2025. It will last…

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Standard Chartered faces $2.7 bn lawsuit linked to 1MDB scandal

Standard Chartered Plc is being sued for $2.7 billion by liquidators of Malaysia’s 1MDB fund, who allege the bank enabled over 100 intrabank transfers between 2009 and 2013 that helped launder stolen funds, Bloomberg reported. The UK-based bank, sued in…

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Adani Enterprises to sell bonds with 2-5 year maturity, aims to raise Rs 1,000 crore: Report

Adani Enterprises plans to raise up to Rs 1,000 crore through a retail bond issue opening next week, offering annual coupons between 8.95% and 9.30%. This marks their second retail bond sale within a year, following a similar issue in…

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Hero Motors refiles papers for IPO, raises issue size to Rs 1,200 crore

Hero Motors has refiled its DRHP with SEBI for an IPO, increasing the issue size to Rs 1,200 crore. The IPO includes a fresh issue of shares worth Rs 800 crore and an offer for sale of Rs 400 crore…

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SBI job rejection over poor credit score: Madras HC ruling stresses financial discipline for banking, finance careers
The Madras High Court upheld SBI’s decision to cancel a job offer due to poor credit history, reinforcing the importance of maintaining a clean credit score for careers in banking and finance.
Thinking of loan settlement? Here's how it can damage your credit score and future borrowing
Loan settlement can provide short-term relief for borrowers facing financial difficulties but negatively impacts credit scores. Settled loans are marked as negative events, potentially hindering future borrowing for up to seven years. 
Personal loan: How does it help create a healthy credit mix?
Aside from meeting financial needs, a personal loan helps the borrower create a healthy credit mix, which is a blend of different credit accounts on credit report.
Groww’s switch to demat MFs: What investors gain—and what they could lose
Groww’s shift to demat mode for mutual fund investments has sparked user confusion—but it may not be a bad deal. Here’s what investors need to know.
Short-term or long-term personal loan: Which option is better for your finances? Find out now
Short-term or long-term personal loan: Choosing the right tenure for a personal loan is essential for long-term financial security. It impacts your monthly EMI, total interest, and credit status. Consider your risk tolerance, income, and future plans to find a suitable repayment period.
How secured credit cards can help you build a good credit score?
Secured credit cards are issued against the fixed deposit (FD) opened with the issuing bank. For instance, IDFC First Wow, Sbi Card Unnati and BOB Prime Credit Card
Avoid these mistakes while making a Will
You need to ensure that you cover all the assets in detail.
The silent tax: How inflation erodes wealth, and what investors can do about it
Inflation may not make headlines like market crashes, but it's always working—silently chipping away at your wealth. Here's why real returns, not nominal ones, matter most.
Personal loan: Major banks charge these interest rates in July 2025
Since personal loans – being unsecured – charge a relatively higher rate of interest from borrowers, it is vital to compare the rates charged by different lenders before borrowing
Overdraft vs personal loan explained: Key benefits, rates and when to choose each
This article compares overdrafts and personal loans and outlines key differences, interest rates, use cases, and repayment structures to help borrowers choose the right credit option for their financial needs.