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Basmati rice firm KRBL plans export diversification, deeper distribution in India, says CFO Ashish Jain

The country’s largest packaged rice firm KRBL is eyeing to cross Rs 6,000 crore in revenue by FY26, said Chief Financial Officer, Ashish Jain in an interview with ETCFO. The popular ‘India Gate’ basmati rice maker clocked a consolidated revenue…

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EaseMyTrip launches investment arm to fuel growth-ready, profitable businesses

EaseMyTrip has launched EMT Invest, a strategic investment arm, to fuel the expansion of profitable businesses across high-growth sectors. Targeting companies with a proven track record and a minimum PBT of Rs 5 crore, EMT Invest aims to provide capital,…

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RBI to discontinue daily VRR auctions from June 11 onwards due to evolving liquidity conditions

Reserve Bank of India will stop daily Variable Rate Repo auctions. The discontinuation is effective from June 11, 2025. This decision follows a review of liquidity conditions. Earlier, daily VRR auctions were announced on January 15, 2025. The final VRR…

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Sebi slaps Rs 3 lakh fine on Motilal Oswal Financial Services for violations of stock brokers’ norms

Sebi has levied a penalty of Rs 3 lakh on Motilal Oswal Financial Services for violating stock brokers’ norms. An inspection revealed trading terminals at unauthorized locations and operated by unapproved users. The firm also failed to identify and report…

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Oswal Pumps files DRHP for Rs 890 crore IPO

Oswal Pumps has filed a draft red herring prospectus with SEBI to raise up to Rs 890 crore via IPO, comprising a fresh issue and an OFS by promoter Vivek Gupta. The Karnal-based pump and solar solutions maker plans to…

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Alcatel re-enters India, bets big on high-growth sub-₹30,000 segment

He said India remains one of the world’s largest and most dynamic smartphone markets, with a massive base of users ready to upgrade from older devices. “There’s a strong appetite for fresh designs, new innovations, better cleaner software experiences where…

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  • SIP inflows hits record high of ₹32,086 crore in FY26 despite market volatility: RBI FSR | Key takeaways

    Despite market volatility, SIP inflows reached a record ₹32,086 crore in March 2026, according to the RBI's Financial Stability Report. 

  • How much does it cost to relocate to Hyderabad? Microsoft techie says ₹3.6 lakh

    Krish, shared a detailed breakdown of the expenses involved in the move, including rent, security deposit, furniture, appliances and other household essentials.

  • From ₹90,000 salary to ₹15 lakh debt: Viral LinkedIn post explains a financial spiral

    A LinkedIn post by SEBI-registered investment advisor Vivek S G (Sulegai), founder of Wealth Crafts, is resonating with users after he shared the story of a Pune professional whose finances unravelled following a family medical emergency, eventually leaving him with a ₹15 lakh debt burden.

  • Interest rate of small savings schemes remains unchanged for July-September quarter — Check latest PPF, SCSS, SSY rates

    The government has maintained interest rates on small savings schemes for the July-September 2026 quarter, marking the ninth consecutive quarter of unchanged rates. 

  • PFRDA to launch NPS Swasthya with top-up health insurance through insurer tie-ups — here's when it will be live

    Health insurance companies will soon offer top-up health cover to National Pension System subscribers via PFRDA's NPS Swasthya product, set to launch in 60-70 days.

  • Alphabet joins Dow Jones, SpaceX enters Nasdaq 100: Which stock should Indian investors choose?

    Experts suggest Indian investors can get exposure through international mutual funds, US-focused ETFs, or direct overseas investing under the LRS. While SpaceX's Nasdaq 100 inclusion is expected to attract passive investment flows, experts believe its entry into the Dow remains years away. 

  • Is an online will legally valid? Here's what families should know

    A will prepared using an online platform is legally valid in India if it meets statutory requirements. But families should ensure it reflects the testator's specific circumstances and assets.

  • Why hybrid SIFs are attracting investors

    Hybrid long-short strategies accounted for ₹9,709 crore of investor assets, which was around 70% of the total SIF AUM of ₹13,814 crore

  • Govt extends deadline for filing appeals before GST appellate tribunal — check new due date

    The Government has extended the deadline for filing appeals with the GST Appellate Tribunal after stakeholders raised concerns about technical difficulties on the portal. Check new due date here.

  • What are multi-asset allocation funds? Comparing the top 5 funds by portfolio allocation

    Multi-asset allocation funds provide diversification by investing across at least three asset classes, helping reduce dependence on any single investment. However, each fund follows a different portfolio allocation strategy, resulting in varying levels of risk and return potential.

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