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Nexus Select Trust has $1 bn debt headroom for acquisitions: CFO Rajesh Deo

In an exclusive interview with ETCFO, Nexus Select Trust CFO Rajesh Deo discusses the REIT’s acquisition strategy, debt headroom, rental growth outlook, and FY27 priorities.

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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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  • Should you keep a 100% equity portfolio? Here's what 20 years of data reveals about risk-adjusted returns

    A 100% equity portfolio delivered better long-term gains, but the picture changes when volatility enters the equation. Data spanning 20 years show how a fixed-income instrument and a 50:50 mix compare in terms of risk-adjusted performance, revealing a different side of portfolio returns.

  • Ladli Behna Yojana August installment not received yet? Here's when MP govt could deposit ₹1500 in your bank account

    Ladli Behna Yojana: Beneficiaries of the Ladli Behna Yojana are set to receive their 39th direct benefit transfer installment of Madhya Pradesh's flagship financial assistance scheme for women this month. 

  • Unlocking Schedule NL-47: How to use annual public disclosures to pick the best health insurance policy

    Before purchasing health cover, there are several straightforward questions you should ask. What does the policy cover and how much does it cost? How many claims does the insurer pay? Do customers frequently complain about the product? Is the buying process simple for first-time customers? 

  • From ₹1 lakh to ₹34 lakh in Nifty 100 over two decades: What the 2008 and Covid crashes teach investors

    A ₹1 lakh investment in the Nifty 100 TRI went through some of the market’s biggest shocks before reaching to ₹34.46 lakh today. The journey spans the 2008 crisis, Covid crash and other sharp corrections, highlighting the role of patience in long-term investing.

  • Motor Insurance: Why Own Damage cover matters during monsoon and the add-ons you should know

    An Own Damage policy can cover exterior and structural damage, including dents and smashed body panels caused by uprooted trees, falling poles or other objects

  • Income tax email scams and fake websites: Key warning signs taxpayers should know and how to report them

    Taxpayers are increasingly being targeted by emails and websites that appear to be linked to the Income Tax Department. From suspicious links to requests for sensitive details, here are the key warning signs to watch for and the steps taxpayers can take to stay safe.

  • 8th pay commission: Here's how unions, stakeholders can apply for meetings in Chennai, Puducherry, Chandigarh, Jaipur

    The 8th pay commission recently concluded its four-day session in Delhi between 7 and 10 August and has scheduled meetings in Chandigarh, Chennai, Jaipur, Mumbai and Puducherry in August and September.

  • Mutual fund distributors can act as a behavioural anchor: SEBI's Amarjeet Singh explains MFDs' role for investors

    Mutual fund distributors are evolving beyond helping investors select schemes. SEBI's Amarjeet Singh highlights their role in guiding investors through market volatility, expanding mutual fund access and adapting to new opportunities

  • Health Insurance claims: 6 common reasons insurers deduct money from your settlement

    Understanding these common reasons—and challenging deductions that lack clear justification—can help consumers effectively dispute unfair cuts and secure a better outcome

  • DA hike: Sikkim increases dearness allowance by 2% for employees and pensioners, arrears to come before Dashain

    Sikkim CM Tamang announced a 2% hike in Dearness Allowance (DA) for state government employees and Dearness Relief (DR) for pensioners, applicable from January 1, 2026. Arrears will be paid before Dashain 2026. 

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