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NFO Alert: Zerodha Fund House launches 2 target-date Life Cycle funds

Zerodha Fund House has launched India’s first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO is open till July 7, with continuous subscription to follow. Built on a rule-based approach, the funds dynamically adjust…

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The AGM challenge: Mukesh Ambani seeks fresh RIL momentum after Rs 1.5 lakh crore wealth wipeout

Reliance Industries Chairman Mukesh Ambani faces shareholder scrutiny at the AGM following a Rs 1.5 lakh crore market cap decline. Investors seek clarity on Jio IPO timelines, AI monetization, and new energy ventures, anticipating fresh triggers to revive stock sentiment…

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CFOs should build new variables into risk frameworks, shift to capability-led model: Kotak Bank Group CFO

Speaking at the 3rd edition of the ETCFO NextGen Summit 2026, Kotak Mahindra Bank Group CFO Devang Gheewala said India’s resilience amid global uncertainty must now be backed by stronger manufacturing, digital infrastructure, entrepreneurship and prudent capital allocation.

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Sensex tumbles 786 points in early trade after five-day rally as IT stocks drag

On Friday, Indian stock markets, including Sensex and Nifty, took a nosedive after a robust five-day rally. The decline was heavily influenced by sell-offs in IT stocks, particularly after Accenture announced a lowered revenue growth forecast, casting a shadow over…

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RBI extends Keki Mistry's tenure as HDFC Bank Chairman by 3 months

The Reserve Bank of India (RBI) has approved the extension of Keki Mistry as interim part-time chairman of HDFC Bank for a further period of three months, it was announced on Thursday.

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Sebi proposes wider funding avenues, higher exposure limits for margin trading facility

The Securities and Exchange Board of India (SEBI) on Thursday proposed a comprehensive overhaul of the Margin Trading Facility (MTF) framework, including broader funding options for brokers, higher exposure limits and several operational relaxations, as the use of margin funding…

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No ITR filed despite ₹30 lakh salary: Delhi ITAT explains why ₹3.74 lakh penalty was deleted
A salaried taxpayer earning over ₹30 lakh did not file his ITR and was later fined ₹3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.
CGHS medical reimbursement rules clarified: Know ₹3,000 test limit, referral rules for employees and pensioners
CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to ₹3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.
Three habits young professionals can’t afford to skip
Three habits—from reading beyond your field to questioning your assumptions—that can help young professionals stay ahead.
Freelancers earning income from US IT companies: Key FAQs answered on tax calculation, TDS, GST and ITR filing
Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules. 
Husband deposits his income in wife's bank account: Is she liable to pay tax? Here's what ITAT ruling says
A ₹71.56 lakh cash deposit in a wife’s bank account came under the tax department’s scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income. 
Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?
At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.
Foreign asset disclosure scheme 2026: How to calculate market value of different overseas holdings — check rules
The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets. 
8th pay commission: What's on the agenda for upcoming states visits and meetings? Check top updates
8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.
Fact Check: Did PM Modi announce free 1-tola gold scheme on Independence Day? Here's what the PIB unit says
A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.
DA hike: BMS stages protest at Jantar Mantar to push demands — Minimum pension, OPS, labour codes on charter
The Bharatiya Mazdoor Sangh protested in Delhi today, urging the government to address long-standing demands for employees, pensioners, and unorganised workers, including a minimum wage of ₹30,000 and job security for contract workers.