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Indian financial sector is about to be disrupted and legacy players are running out of time: KV Kamath

KV Kamath, a veteran of India’s financial transformation, warns that disruption is no longer a future threat but a present reality for legacy players. He highlights how technological shifts, particularly since 2014-15, have empowered fintechs, leaving traditional institutions dangerously behind,…

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Foreign investors flee Indian assets at record pace on oil shock, pummel rupee

Foreign investors are exiting Indian markets rapidly. This is driven by rising oil prices due to the Iran war. Concerns about inflation and India’s growth outlook are increasing. The Indian rupee has fallen to new lows. Hedging costs have also…

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West Asia conflict to strain India's FY27 fiscal math, says ICRA

India’s budget for FY2027 faces challenges due to rising global oil and gas prices. The West Asia conflict is pushing up costs, potentially increasing government spending on fuel and fertilizer subsidies. This could also impact tax collections. The government may…

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Rupee hits record low past 94/USD, heads for worst fiscal-year drop since 'taper tantrum'

The Indian Rupee has fallen to a record low against the US Dollar. This decline is driven by concerns over the energy supply crisis stemming from the Middle East war. The currency is on track for its first fiscal year…

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Rs 5 lakh cr wiped off! Sensex slumps over 1,000 points, Nifty near 23K: Rupee at historic low among 6 key factors

Indian stock markets plunged on Friday. The Sensex dropped over 1,000 points and the Nifty neared 23,000. A record-low rupee and ongoing Iran-US conflict fears impacted investor sentiment. Many top companies saw significant losses. The IT sector was an exception,…

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Asian stocks mostly lower after Wall Street's worst day since start of Iran war

Asian markets saw a decline Friday following a significant drop on Wall Street. Doubts about de-escalation in the Iran war are causing market uncertainty. Tokyo, Seoul, and Australia experienced losses. Hong Kong and Shanghai showed slight gains. Oil prices dipped…

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Income-tax returns: Are all donations 100% exempted from tax under old regime?
ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more…
How a Gurgaon couple spent ₹1.59 lakh and still invested ₹2.2 lakh in March
The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where ₹50,800 goes towards rent and electricity bills.
PM SVANidhi scheme: Street vendors receive loans worth ₹17,800 crore in 6 years; Key points to note while applying
Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling ₹17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.
Moving abroad? Here's when your EPF withdrawal becomes taxable and how NRIs can avoid paying extra tax
EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.
Shifting insurance providers? Improve your policy by porting — Here's why you should consider it and what steps to take
Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take…
Credit card fees piling on? Here's things you can do to reduce or avoid some charges
Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges…
8th pay commission: Meeting with employee representatives scheduled in Kolkata — Check dates here
8th pay commission: The 8th CPC will schedule meetings with employee representatives, unions, groups and stakeholders in Kolkata, West Bengal in July 2026. Check dates and full schedule of meetings in June and July here…
Radhika Gupta reveals the biggest finance job opportunities for the next decade: ‘Don’t only chase crowded markets…’
Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.
Dearness Allowance: Punjab Cabinet to discuss DA, DR, pay arrear, clears regularisation of over 65,000 employees—Details
DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported. 
Want to move your Sukanya Samriddhi Yojana account to another bank? Here's the complete transfer process
Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.