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Remsons Industries Appoints Rahul Desai as Chief Executive Officer to Lead the Company's Next Phase of Growth

Remsons Industries has appointed Rahul Prabhakar Desai as its new Chief Executive Officer. He will assume this role effective August 3, 2026, following board approval. Mr. Desai brings over three decades of automotive manufacturing experience to the company. He previously…

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Credit to tech infrastructure sector doubles in two years

Bank loans for India’s technology infrastructure sector have doubled in two years. This growth reflects India’s position as a global hub for data centers. Loans to IT services and digital infrastructure rose significantly year on year. This expansion is driven…

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Qantas considers outsourcing up to 1,000 corporate roles to India: Report

Australia’s flag carrier Qantas is considering outsourcing up to 1,000 corporate roles to India as part of a broader cost-cutting and artificial intelligence (AI)-led transformation programme, a report has said.

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Battery Smart eyes IPO filing in Sept–Oct, appoints SBI Capital Markets

Battery Smart is preparing to file draft IPO papers with Sebi in the coming months as it targets rapid expansion of its battery-swapping network for electric two- and three-wheelers.

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Prasanta Mahapatra takes charge as SEBI Executive Director

A SEBI veteran since 1999, Prasanta Mahapatra has served across multiple regulatory and market supervision functions during his 27-year tenure. In his new role, he will oversee the Corporation Finance Investigation Department and the Recovery and Refund Department.

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India paves way for return of merchant fees on digital payments

India is nearing the reintroduction of merchant fees for UPI transactions. Proposed changes to payments laws were introduced in parliament on Tuesday. Policymakers are considering two options for levying these new charges. These options involve transaction thresholds or merchant turnover…

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How hybrid long-short SIFs differ in their strategies
Hybrid long-short SIFs differ in how they balance equity, debt and short positions.
Forgot to file ITR but employer had deducted TDS: When can income-tax penalty still apply? ITAT explains
The Mumbai ITAT deleted a ₹3.95 lakh penalty imposed on a ship captain who had failed to file his ITR on time. The taxpayer later filed his return in response to a reassessment notice, but the income declared was accepted without any addition.
Gold and silver price today, Sept 29: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
Gold and silver prices in India witnessed a sharp drop during early trading hours on Tuesday. Check retail rates of the precious metals in top metro cities of the country.
₹1.25 crore received under power of attorney: When can taxman treat property money in your account as taxable income?
A recent ITAT ruling has clarified that money received by a taxpayer while acting as a power-of-attorney holder does not automatically become his taxable income. The tribunal deleted a ₹1.25 crore addition after finding that the taxpayer had received the amount on behalf of three property owners.
Are banks open today, 29 September? Here's all you need to know after 3-day nationwide strike deferred
The proposed three-day nationwide bank strike from 28 to 30 September was deferred after talks between the IBA and UFBU. Check if banks are open in your city today, 29 September.
When is portfolio overlap acceptable in mutual funds? Experts explain when common stocks become a concentration risk
Portfolio overlap between mutual funds is not necessarily a problem, particularly when schemes have different strategies, risk profiles or portfolio roles. However, excessive overlap can leave investors with concentrated exposure despite holding multiple funds. 
₹1,000 monthly SIP became ₹4.67 lakh in 10 years: Which diversified equity mutual fund delivered highest returns?
A ₹1,000 monthly SIP can grow substantially over a decade as returns compound. We look at diversified equity mutual funds that delivered the highest 10-year SIP returns, with Quant Small Cap Fund leading the list. Here’s how the funds compare.
8th pay commission: Awaiting announcement? Here are the terms of reference and timeline of recommendations, explained
8th Pay Commission: The official terms of reference outline what central government employees and pensioners can expect from the panel. We will likely get official recommendations sometime next year. 
Sectoral mutual funds: Defence, metals gave double-digit returns in 2 years while tech, consumer in red — here's why
Sectoral mutual funds have seen a sharp divergence in returns over the past two years, with some sectors delivering strong gains while others slipped into the red. Here's what drove this divergence, and what should investors consider before making sectoral bets. 
New rules from October: SBI ATM charges, bulk FD rates, fee on UPI, Aadhaar verification for LPG subsidy, and more
From 1 October, households need biometric Aadhaar verification to keep accessing LPG subsidies, affecting 14.2 kg refills. Also, revised NPS charges and changes to ATM transactions for SBI customers will be implemented.