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IndusInd Bank recommends Borkar & Muzumdar as joint statutory auditor to shareholders after RBI nod

IndusInd Bank, having secured RBI approval, proposes Borkar & Muzumdar as joint statutory auditors, pending shareholder approval at the 31st AGM. The appointment spans from 2025 to 2028, subject to annual RBI approval. RBI Governor Sanjay Malhotra acknowledged the bank’s…

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Bank independent directors under lens after IndusInd Bank governance crisis

The broader implication is a likely tightening of supervisory frameworks across India’s banking sector, with expectations for IDs to demonstrate sharper vigilance, stronger risk awareness, and deeper engagement in boardroom discussions.

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India inflation to average 4% this fiscal, one more RBI rate cut likely: Crisil

Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday.

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RBI’s breather on gold loans to spur growth in NBFCs: Report

The increase in the loan-to-value (LTV) ceiling provided in the RBI’s final directions on gold loans will support the growth of non-banking financial companies (NBFCs) offering them, according to a Crisil report released on Friday.

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Rayzon Solar to file draft papers for Rs 1,500-cr IPO

Rayzon Solar Ltd, a Surat-based solar panel manufacturer, is preparing to file draft papers with SEBI by the end of this month for an IPO of approximately ₹1,500 crore.

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NCLT directs insolvency against Gensol, Gensol EV Lease; appoints IRP

The National Company Law Tribunal has initiated insolvency proceedings against Gensol Engineering and Gensol EV Lease following petitions by the Indian Renewable Energy Development Agency due to defaults of ₹510 crore and ₹218.95 crore, respectively. An interim resolution professional has…

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Small Savings Scheme interest rates for July-Sept 2026 to be announced today; investors eye PPF, SCSS and SSY updates
Small Savings Scheme Interest Rates July-September 2026 are expected today, with investors awaiting updates on PPF, SCSS, SSY, NSC and other government-backed schemes.
8th Pay Commission: How family unit formula could boost salaries, expert explains
8th Pay Commission: A higher family unit may increase the minimum basic pay, influence the fitment factor and boost salaries and allowances for central government employees across all pay levels.
Delhi EV policy to give purchase incentives: Two-wheeler buyers can get up to ₹30,000, ₹1 lakh for electric trucks
Delhi EV policy: Here's a look at the proposed electric vehicle subsidy and purchase incentives for buyers of e-autos, electric trucks, two-wheelers and three-wheelers offered by the state government. 
Big relief for EV buyers! Delhi now offers tax waiver on electric cars up to ₹30 lakh
The Delhi government has approved a new EV policy offering  incentives for electric vehicle buyers, including road tax exemptions and subsidies for two-wheelers. Here's which vehicles will benefit from the policy.
I-T dept flags up to 20,000 ITRs for ‘swapped provisions’ used to lower net tax liability — What happens next?
The income tax department has identified 15,000-20,000 cases of taxpayers using swapped provisions to reduce taxable income. This involves replacing exemptions to lower tax liability without valid reasons and documents. Details here.
No restriction on buying petrol and diesel from July 1? Here's what changes
The Indian government will lift restrictions on petrol and diesel sales starting July 1, following an improvement in fuel supplies. The move indicates stability in fuel distribution and supply in India, as per the Centre. 
EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered
EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.
Can you gift overseas property tax-free? What returning NRIs and OCIs should know
Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.
Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report
Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…
From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances
Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.