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Paytm's European arm secures payment institution licence in Luxembourg

Paytm’s European arm, Paytm Europe Payments, has officially secured a crucial payment institution license from Luxembourg’s financial regulator, effective July 2, 2026. This significant development allows the subsidiary to offer a range of payment services, including fund transfers and credit…

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NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) Act

New Delhi: Legal experts highlighted that the Insolvency and Bankruptcy (Amendment) Act 2026 mandates ‘debt’ and ‘default’ for NCLT case admission. The amended act introduces phased resolution plan approval, restored CIRP before liquidation, and bars resolution professionals from acting as…

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Mynd Fintech, part of Treds platform M1xchange, acquires C2FO India

M1xchange is an RBI-licensed Treds (Trade Receivables Electronic Discounting System) entity. C2FO runs C2Treds and also has the same licence, which it may surrender going ahead. C2FO India’s parent company Pollen Inc. (C2FO US) is a major global player in…

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Banks register rise in NRI deposits under RBI's new scheme

Banks have registered a gradual increase in the flow of overseas funds after the rollout of the Reserve Bank of India’s (RBI) revised Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme, and expect collections to accelerate further this month as awareness…

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SEBI proposes INR-based registration fee payment for FPIs, FVCIs to simplify processes

The Securities and Exchange Board of India (SEBI) on Friday proposed that foreign portfolio investors (FPIs) and foreign venture capital investors (FVCIs) pay registration and related fees in Indian rupees (INR), replacing the existing system of payments in US dollars…

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Adar Poonawalla Family Office invests Rs 700 cr in Inox Clean

Inox Clean Energy has secured a significant Rs 700 crore investment from the Adar Poonawalla Family Office, boosting its valuation to Rs 70,000 crore. This follows earlier backing from US pension fund CalPERS. The funding underscores strong investor confidence in…

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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.