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StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy

Standard Chartered plans to expand its wealth management business, targeting $200 billion in new assets and double-digit income growth over five years. The bank will focus on wealthy Chinese and Indian clients with offshore or cross-border needs, capitalizing on potential…

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Godrej Capital launches Generative AI to enhance insights-driven customer engagements

Godrej Capital is utilizing Generative AI (GenAI) to enhance customer service, analyze interactions, and manage credit risk. Key initiatives include AI-driven quality checks, real-time data analysis, and the upcoming launch of the SAKSHAM-AI/ML platform for improved decision-making and service efficiency.…

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Public investments in infra surpass pre-Covid level: Finmin

Infrastructure investments by the Union and state governments and Central Public Sector Enterprises touched 5.87% of GDP in 2023-24, higher than 5.03% in the previous year and 5.76% in the pre-pandemic year of 2019-20, minister of state for finance Pankaj…

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RBI’s December policy preview: On the horns of a dilemma

RBI’s current policy approach faces a dilemma between cutting rates to boost the economy or maintaining them to control inflation. While India’s growth remains strong at 7.2% for FY23, recent GDP deceleration and inflation present challenges, necessitating a careful balancing…

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DPIIT, Moglix forge partnership to accelerate manufacturing innovation in India

This collaboration aims to equip growth phase startups with tools, resources, and opportunities to accelerate their progress and drive innovation in the manufacturing sector.

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India cenbank-spurred drop in premiums not helping rupee’s cause, analysts say

INDIA-RUPEE/India cenbank-spurred drop in premiums not helping rupee’s cause, analysts say

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  • Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India

    Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.

  • ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties

    Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.

  • EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?

    EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.

  • Annapurna Yojana: Haven't you received your payment yet? 8 reasons why

    The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.

  • Same trip, same loss: why was one insurance claim rejected?

    In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.

  • Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how

    A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.

  • India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it

    India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.

  • 2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline

    With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.

  • Why diversification—not stock picking—could define wealth creation over the next decade

    As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.

  • UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending

    UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.

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