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RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing Finance

The Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Baroda faces a Rs 63.6 lakh fine for charging excess interest and delayed KYC record uploads. GIC Housing…

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China's warning reveals what really happened at Modi-Takaichi summit

India and Japan’s recent summit in Delhi has sparked concern in Beijing. Agreements on defense, critical minerals, and AI signal a strategic shift, prompting China to caution against “exclusive small groupings.” The summit’s focus on economic security, diversified supply chains,…

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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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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.