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Delhi HC rejects bail plea of former Reliance Power CFO Ashok Kumar Pal in money laundering case

The Delhi High Court on Wednesday rejected the bail applications filed by Ashok Kumar Pal, former Chief Financial Officer (CFO) of Reliance Power Ltd, refusing to grant him either regular or interim bail in a money laundering case linked to…

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Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok Chandra

Private sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned nearly Rs 4 lakh crore in corporate loans last fiscal year. This trend continues, with sanctions expected to exceed Rs 4 lakh…

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India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bid

India is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aims to attract a significant amount of overseas capital while simplifying the way foreign investors navigate its debt market. As…

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FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. This move allows banks to offer higher interest rates to Non-Resident Indians (NRIs) and Overseas Citizens of India…

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India-based entities among firms targeted in EU's proposed 21st Russia sanctions package

The European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims to stop support for Russia’s war efforts. Restrictions will target technology and materials crucial for Russia’s defense. New…

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Ankit Shah to step down as CFO of Vijaya Diagnostic Centre

Vijaya Diagnostic Centre announced the resignation of its CFO, Ankit Shah, with the executive set to leave the company by July

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  • Madhya Pradesh Ladli Behna Scheme: CM Mohan Yadav disbursed ₹1500 monthly installment; did you receive?—how to check

    Madhya Pradesh CM Mohan Yadav transferred ₹1,750 to over 1.25 crore beneficiaries under the Ladli Behna scheme, including a ₹250 Raksha Bandhan gift, to promote women's financial independence. He emphasised the importance of women’s roles in family and society at a state-level event in Maihar.

  • SBI cash withdrawal charges: Bank changes BSBD free transaction rule; check what changed, ₹15 fee and when it kicks in

    State Bank of India has updated service charges for Basic Savings Bank Deposit accounts, effective October 1, 2026. 

  • JioBlackRock regular plans explained: Higher costs, professional guidance | what investors get

    JioBlackRock Asset Management will launch regular mutual fund plans through distributors, adding a route for investors who prefer support. 

  • Technology funds bounced back in July: What investors should know before boosting their IT exposure

    Technology mutual funds rebounded sharply in July, but the rally may not necessarily signal a sustained recovery. With IT allocation rising in mutual fund portfolios, investors should assess valuations, existing exposure and fund strategy before increasing their allocation.

  • Investor vs trader: How stock market income is taxed, which ITR form to file and key conditions explained

    Stock market investors and traders are taxed differently based on the nature of their activities. Both may also have to file different ITR forms. Here are the key rules, classification factors and common filing mistakes to know.

  • ₹1 crore salary trap: Why high income does not equal financial freedom; CA identifies dangers of expensive lifestyle

    CA Anil Sagayanathan highlights the fragility of high salaries and lifestyle inflation on LinkedIn. Even with ₹1 crore income, financial stress prevails due to rising expenses and peer pressure. 

  • Form 146 for foreign remittances: Who needs a CA certificate and how taxpayers can file it — step-by-step guide

    Form 146 is a CA-certified document for certain taxable foreign remittances. It helps determine the taxability and TDS applicable to overseas payments above the prescribed threshold. Here’s when it is required, who files it and how taxpayers can use it.

  • Income tax return for social media creators: Last date, ITR forms, GST obligations and more

    With the income tax return filing deadline approaching, creators who earn regularly through social media should ensure that their income and expenses are properly recorded.

  • Career pivots are costly. How should parents plan for them?

    While children tend to change interests and, in turn, career paths, the financial challenge of planning ahead remains: how do parents engineer an education fund that is flexible enough to accommodate possible changes in plans?

  • SEBI eases entry process for mutual fund AMCs but retains strict checks: What investors should know

    SEBI has simplified mutual fund registration by moving to a single application while retaining detailed checks on sponsors. Here’s what the new framework means for investors evaluating a newly launched AMC and its funds.

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