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PhonePe elevates Srijon Biswas to Chief Technology Officer, CoFounder Chari to become CPTO

PhonePe has appointed Srijon Biswas as its new Chief Technology Officer. Biswas, with a decade of experience, will now lead the entire engineering organization. Rahul Chari, formerly CTO, will now serve as Chief Product and Technology Officer. Chari’s expanded role…

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Stock market crash: Bloodbath on Dalal Street! Sensex, Nifty50 tank 2% as Trump declares end of truce with Iran – top reasons for sharp fall

Stock market crash: Selling pressure gathered pace during the second half of the session after US President Donald Trump declared that the interim agreement with Iran to end the conflict was “over,” reigniting fears of further escalation in the Middle…

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RBI backs crypto ban, tax department warns of evasion risks, documents show

India’s central bank has reiterated its preference for a cryptocurrency policy “leaning towards prohibition,” warning that crypto assets and stablecoins could threaten financial stability and monetary sovereignty, according to internal government documents reviewed by Reuters.

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Pocket FM appoints Abhilash Padival as CFO

Pocket FM has appointed former Bank of America executive Abhilash Padival as its Chief Financial Officer (CFO), strengthening its leadership team as it scales global operations and advances its long-term growth strategy.

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CBDT notifies NCCL's Core Settlement Guarantee Fund for tax exemption under old Income Tax Act

The Central Board of Direct Taxes has notified the Core Settlement Guarantee Fund for tax exemption. This exemption applies to assessment years from 2019-20 through 2026-27. The move ensures continuity of tax benefits despite the new Income Tax Act. The…

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NFRA begins probe into Rajesh Exports financial misstatement case

The National Financial Reporting Authority (NFRA) has initiated its investigation into the alleged financial misstatement case involving Rajesh Exports, with Chairman Nitin Gupta confirming that the audit regulator has begun its process following a referral from the Securities and Exchange…

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  • From 5 lakh to 1.30 crore: Trial and error, discipline and boredom — Investor shares how portfolio grew over 7 years

    A process of trial and error and self-learning led this investor from ₹5 lakh portfolio to ₹1.30 crore over a seven-year period, he shared online. Here's how the investment journey went…

  • Widow denied ₹1 crore claim after husband passed away, later receives payment: Why court sides with the family

    Tata AIA rejected a ₹1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues. 

  • 8th pay commission: Full recommendations to come in May 2027? Here's how the timeline works

    8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline works…

  • Prashant Kishor has nearly ₹8 crore in FDs: How much tax could he pay on this massive corpus?

    Prashant Kishor's financial portfolio largely consists of fixed deposits totaling ₹7.36 crore with HDFC Bank, compared to only ₹63 lakh in equities. His election affidavit shows total assets of nearly ₹198 crore, including movable and immovable properties.

  • DA hike: ₹30,000 minimum wage, higher pension, job security — Full list of BMS' demands ahead of 17 August strike

    Key demands by the BMS include hike in variable DA, a minimum monthly wage of ₹30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes. 

  • Kisan Vikas Patra at 7.5%: How long will your money take to double in 2026?

    Kisan Vikas Patra offers a 7.5% annual interest rate in July-September 2026, with investments doubling in 115 months. Here is how KVP works, its maturity period, investment limits and key points savers should know before investing.

  • CBDT’s foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay?

    The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until December 2026. A 60% payment on the declared value ensures immunity from penalties.

  • Delhi Lakshmi Yojana: Here's how to check status of your application online — Stepwise guide

    Registration for the Delhi Lakshmi Yojana will continue till the target of 17 lakh women is met, CM Rekha Gupta said. Here's how eligible women can track the status of their application after applying for the financial assistance scheme… 

  • Have multiple jobs at the same time? Here’s how your PF membership is regulated under EPFO rules

    Employees with multiple jobs may receive separate EPF benefits from each employer, and EPFO provides guidelines for overlapping employment. Details here. 

  • Home loan prepayment vs investing: When should you use extra cash to repay debt?

    Home loan prepayment can reduce interest costs, while investing surplus funds may offer higher returns. Compare the loan rate, post-tax investment gains, risk and liquidity before deciding. 

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