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India cenbank bought net $14.36 billion in spot forex market in March, bulletin shows

INDIA-CENBANK/BULLETIN-India cenbank bought net $14.36 billion in spot forex market in March, bulletin shows

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Indian economy shows resilience despite weak global growth: RBI

The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank…

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SC rejects finance ministry’s plea against input tax credits for commercial rentals

A Bench led by Justice AS Oka while dismissing the ministry’s plea on Tuesday said that it has gone through the review petition and the October 3 judgment, which has been sought to be reviewed, and “there is no error…

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Dixon aims to boost exports, margin post closure of PLI scheme, says MD Atul Lall

Dixon Technologies anticipates that increased exports and backward integration will compensate for any potential decline in margins and volumes following the conclusion of the PLI scheme in FY26. The company expects smartphone production to rise to 60-65 million units by…

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RBI directs IndusInd Bank to submit CEO appointment proposals by June 30: Chairman Sunil Mehta

“RBI has advised the Bank to submit proposals for appointment of the new CEO by 30 June 2025,” said IndusInd Bank Chairman Sunil Mehta. He added the board is at an advanced stage in the selection process. IndusInd Bank CEO…

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IndusInd Bank says normalcy in microfinance business six months away

IndusInd Bank expects its microfinance business to recover in the second half of FY26, attributing a step-down from current quarter slippages. It said that normalcy is maybe six months away. While not pulling back disbursements, the private lender is focusing…

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News

  • EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained

    EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.

  • ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers

    The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income.

  • 8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries

    The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.

  • When should young investors pivot from aggressive bets to capital preservation for retirement?

    During the accumulation stage, investors will have access to regular income and a long investment horizon, allowing them to take advantage of the potential for growth in assets such as equities.

  • HDFC Bank credit card caps SmartBuy brand voucher rewards from July 1 — What changes for customers?

    HDFC Bank has revised its SmartBuy rewards program, introducing a cap on reward points for brand voucher purchases on major premium credit cards. Here's what changes for customers.

  • Buying the dip vs SIP: Which strategy delivers better returns? Here's what math says

    Market swings often lead investors to seek ideal buying moments. However, historical data shows systematic investment plans outperform market timing strategies, as cash on the sidelines incurs opportunity costs. 

  • EPF Scheme 2026 notified under Social Security Code: New withdrawal rules and other changes you should know

    The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.

  • SK Hynix heads to Nasdaq: Should Indian investors choose it over Micron? Which is the better long-term bet?

    SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.

  • Dream Money to shut ops on July 30 within a year of launch: What happens to your mutual funds, FDs and digital gold

    Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.

  • Selling property or stocks? These 5 smart hacks can help you save capital gains tax

    Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.

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