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SBI concludes pricing of USD 500 million Reg S bond at 5.25% coupon rate

State Bank of India priced a USD 500 million bond at a 5.25 percent coupon rate. This offshore debt capital market transaction was executed through its London branch. The bond issue received an overwhelming response from institutional investors globally. Investors…

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Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate…

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L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory

Larsen & Toubro will build India’s largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 GPUs in Chennai. The project marks L&T’s significant entry into the AI Factory business sector. This facility will support…

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Indel Money to raise up to Rs 500 crore via public issue of NCDs

Indel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and close on August 31, with an option for early closure. Proceeds will fund onward lending,…

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Sensex falls over 200 points, Nifty below 24,350 as expiry volatility looms. What lies ahead?

Indian equities extended losses on Thursday, with Sensex falling over 150 points and Nifty declining over 95 points amid expiry-day volatility. Bajaj Finance and IndiGo led gains, while M&M and Kotak Mahindra Bank slipped. Broader markets remained mixed, with auto…

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N Chandrasekaran’s five big moves: The bets and battles that defined his Tata Sons tenure

From rebuilding Tata’s aviation franchise to placing a massive bet on semiconductors and accelerating the group’s energy transition, N Chandrasekaran’s decade at the helm has been defined by long term bets aimed at reshaping the conglomerate for India’s next phase…

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Credit card debt: Can banks ask families to repay it after cardholder dies? What if there’s no will? Explained
Credit card debt: Can banks ask families to repay it after a cardholder dies? What if there’s no will? Read out to find out.
Tax audit due by 21 October: How to pick between Form 3CA and 3CB — and what to do if you filed the wrong one
Tax audit reports are filed using Form 3CA-3CD or 3CB-3CD, but the choice depends on specific conditions. With the deadline extended to 21 October, taxpayers should know which form applies to them and what they should do if they make an error.
Must-read for homebuyers: Planning to buy a new house from a developer? Here's what you should consider
Housing sales fell 2% in H1 2026, even as new launches rose 7% and the average ticket size edged up 2% to ₹1.41 crore. The data suggests buyers have more homes to compare, but there is no broad-based fall in prices yet. City-level trends vary sharply.
Disclosing foreign assets or income under FAST-DS 2026 is just the first step: Here's how to pay tax
FAST-DS 2026 allows eligible taxpayers to disclose certain previously undisclosed foreign assets or income. Those making a valid declaration must follow a prescribed payment process. Here’s what taxpayers need to know about ITNS 289 and the steps involved in making the tax payment.
Who gets more time for tax audit and ITR filing as CBDT extends deadlines? Eligible taxpayers vs exclusions
The CBDT has extended the ITR and tax audit deadlines for a specific category of taxpayers for AY 2026-27. The move gives eligible taxpayers additional time to complete their audit-related compliance and file their returns. Here’s what taxpayers need to know.
DA news: Here's a look at the full list of states that have announced dearness allowance hikes in 2026
Assam, Bihar, Tamil Nadu, Sikkim, West Bengal and more — Today we take a look at the full list of states that have announced DA and DR hikes this year, besides paying arrears for employees and pensioners. 
ITR deadlines extended: CBDT sets new dates for income tax return, audit report for eligible taxpayers
The CBDT has extended deadlines for certain taxpayers' audits for the assessment year 2026-27. Check new dates. 
The retail bond inversion: Why small savers are taking risks institutions reject
While institutional money sticks to AAA paper, retail investors are being funnelled into lower-rated debt. Nobody engineered this, but it needs fixing.
NPS: Can you withdraw 100% of your corpus in National Pension System? Annuity rules, death benefits explained
Can you withdraw 100% of your corpus in the National Pension System? Check annuity rules, death benefits and more.
Home ownership is getting tougher for Gen Z: How much salary do you need to buy a ₹50 lakh, ₹75 lakh or ₹1 crore house?
For Gen Z, buying a home is increasingly a question of affordability rather than aspiration. Property prices have risen faster than incomes in several cities, while the supply of homes below ₹50 lakh has fallen sharply.