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RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil

Reserve Bank of India’s (RBI) proposed shift to an expected credit loss (ECL) framework could lead to a one-time net impact of up to 120 basis points (bps) on banks’ Common Equity Tier-1 (CET-1) ratios, though the overall credit profiles…

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NCLT approves Cigniti-Coforge amalgamation; preserves IT department's GAAR rights

The order was delivered on April 29, 2026, by Judicial member Khetrabasi Biswal and technical member Shishir Agarwal.

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Federal Bank appoints Manikandan M as CFO; Venkatraman Venkateswaran to continue as Executive Director

Private sector lender has appointed internal veteran Manikandan M as Chief Financial Officer effective May 1, 2026, succeeding Venkatraman Venkateswaran, who will continue in his role as Executive Director.

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Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns

According to government data released on Friday, gross GST revenue for the month reached a record Rs 2.43 lakh crore, registering an 8.7% increase over Rs 2.23 lakh crore collected in April last year.

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To hit $30 trillion mark by 2047, India needs 12% growth: Chief Economic Advisor V Nageswaran

Chief Economic Advisor V Anantha Nageswaran said India can reach a $30 trillion economy by 2047 if it achieves around 12% annual growth in dollar terms and strengthens its capabilities in technology and frontier research.

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The rupee at record low will end India’s cheap-money era

Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a preference for a pause, the central bank may be forced to tighten monetary policy to…

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Small Savings Scheme interest rates for July-Sept 2026 to be announced today; investors eye PPF, SCSS and SSY updates
Small Savings Scheme Interest Rates July-September 2026 are expected today, with investors awaiting updates on PPF, SCSS, SSY, NSC and other government-backed schemes.
8th Pay Commission: How family unit formula could boost salaries, expert explains
8th Pay Commission: A higher family unit may increase the minimum basic pay, influence the fitment factor and boost salaries and allowances for central government employees across all pay levels.
Delhi EV policy to give purchase incentives: Two-wheeler buyers can get up to ₹30,000, ₹1 lakh for electric trucks
Delhi EV policy: Here's a look at the proposed electric vehicle subsidy and purchase incentives for buyers of e-autos, electric trucks, two-wheelers and three-wheelers offered by the state government. 
Big relief for EV buyers! Delhi now offers tax waiver on electric cars up to ₹30 lakh
The Delhi government has approved a new EV policy offering  incentives for electric vehicle buyers, including road tax exemptions and subsidies for two-wheelers. Here's which vehicles will benefit from the policy.
I-T dept flags up to 20,000 ITRs for ‘swapped provisions’ used to lower net tax liability — What happens next?
The income tax department has identified 15,000-20,000 cases of taxpayers using swapped provisions to reduce taxable income. This involves replacing exemptions to lower tax liability without valid reasons and documents. Details here.
No restriction on buying petrol and diesel from July 1? Here's what changes
The Indian government will lift restrictions on petrol and diesel sales starting July 1, following an improvement in fuel supplies. The move indicates stability in fuel distribution and supply in India, as per the Centre. 
EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered
EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.
Can you gift overseas property tax-free? What returning NRIs and OCIs should know
Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.
Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report
Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…
From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances
Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.