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CFOs face twin challenges of digital transformation and energy transition amid rapid business changes

At ETCFO Leadership Summit 2025, leading finance leader say their focus remains on balancing cost efficiency, scalability, and governance while leveraging digitalisation for sustained growth.

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Automobile retail sales drop 7 pc in Feb amid slowing demand: FADA

Automobile retail sales in India fell by 7% in February, with declines across passenger vehicles, two-wheelers, commercial vehicles, and tractors. Dealers raised concerns over inventory management and emphasized the need for aligning wholesale allocations with demand to protect their viability.…

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Reliance Retail slashing jobs, tightening operations before public debut: Report

Concerned over its sales slowing down, Reliance Retail Ventures Ltd (RRVL) is reportedly slashing jobs – along with other cost-cutting measures – before making its stock market debut.

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India’s power capex to surge to Rs 5 trn annually in FY2030, most investment in renewables: UBS Research

India’s power sector is set to witness strong capital expenditure (capex) growth over the next five years, with annual investment expected to reach around Rs 5 trillion by FY30, according to a report by UBS Research.

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Ola Electric becomes first 2W EV manufacturer to bag PLI incentives

Ola Electric becomes the first two-wheeler EV manufacturer in India to receive incentives under the PLI-Auto Scheme. The company was granted Rs 73.74 crore for the Determined Sales Value of FY 2023-24, highlighting its leadership in the EV sector and…

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CBI files FIR against Mumbai firm, its director for defrauding public funds

The CBI has filed an FIR against Jai Corporation and its director Anand Jaikumar Jain for allegedly misappropriating Rs 2,434 crore mobilised from the public during 2006-08. The Bombay High Court’s orders followed complaints about funds being diverted for fraudulent…

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  • Govt’s hub-and-spoke model for international travel: How will it help airline passengers?

    The government’s hub-and-spoke model will allow airline passengers to check in baggage and complete customs and immigration formalities at spoke city airport (Tier-II and -III cities), and take onward flight from the hub city airport (Delhi or other major cities) to international locations.

  • Bank holiday today? Check if SBI, HDFC, ICICI are closed on 11 July for second Saturday off — RBI calendar here

    Public and private banks across India will remain closed today, 11 July, for the second Saturday holiday. Bank operations will remain suspended nationwide, but online banking services will remain accessible for transactions.

  • Why a same-sex couple is challenging the income tax law that exempts gifts only between spouses? Explained

    The Karnataka High Court has requested the Union government to respond to a petition challenging tax exemptions for gifts between spouses, which currently excludes same-sex couples. Details here.

  • EPS 2026: New withdrawal rules and 20-day claim settlement explained

    With EPS 2026, the pension system for organized sector employees is reformed for transparency and efficiency. It mandates a 36-month wait for withdrawal benefits, enforces a 20-day claim processing deadline, and supports higher pensions, while preserving existing benefits for current members.

  • If you invested like Trump, you'd be ahead of the S&P 500 — here's what the US President is betting on

    Trump's financial disclosures reveal he executed 21,285 stock trades in 2025, averaging one trade every five minutes. His portfolio has outperformed the S&P 500, with a 37.3% return since his inauguration. Here's a look at the US leader's portfolio .

  • EPFO passbook portal restored after software upgrade; members can access accounts again ahead of 8.25% interest credit

    The EPFO has restored its passbook portal after a two-week outage due to a database upgrade. Members can access their accounts again ahead of 8.25% interest credit. 

  • Same salary, different loan amount? Here's why banks may treat borrowers differently

    Lenders consider factors beyond income when approving loans, such as repayment history and financial habits. Two individuals with identical salaries may experience different loan outcomes based on their overall financial profiles.

  • Which ITR form should you file? A guide for salaried employees, pensioners and other taxpayers

    The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by reviewing income sources and changes to avoid complications. The filing deadline is 31 July 2026 for individuals and non-audited entities.

  • Forgot your ITR login password? Here's how to reset it without access to Aadhaar-linked mobile number

    Taxpayers can reset their income tax e-filing portal password using various methods if they forget it, even if they don't have access to their Aadhaar-linked mobile number. Step-by-step guide here.

  • AMFI Data: Gold ETF inflows rebound to ₹3,443 crore in June after May outflows, here's what changed

    Gold ETF inflows rebounded sharply to ₹3,443 crore in June, reversing May's outflows as investors returned after profit booking. Experts say cooling gold prices and persistent global uncertainties revived demand for the safe-haven asset.

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