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World Bank mobilises $112 billion in private capital for developing nations

The World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic shift due to donor funding limitations. Private capital mobilisation now nearly matches the World Bank Group’s own lending efforts. The…

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Direct tax collections gain 12.96% to Rs 12.12 lakh crore; advance tax up 16.18%

Net direct tax collections rose 12.96 per cent year-on-year to Rs 12.12 lakh crore as of September 17 in the financial year 2026-27, while advance tax collections grew 16.18 per cent to Rs 5.22 lakh crore, according to data released…

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Moody's raises India FY27 growth forecast to 7%, flags energy and fiscal risks

Moody’s Ratings has raised its forecast for India’s real GDP growth in fiscal 2026-27 to 7 per cent from 6 per cent, citing the economy’s resilience to the global shock from the Middle East conflict, while cautioning that higher energy…

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Rising oil, borrowing costs fuel stagflation fears for global economy

Middle East conflict-driven energy price spikes and rising global borrowing costs are reviving inflation risks while threatening economic growth. Brent crude remains above $100, government bond yields have surged, and households face higher fuel, energy and mortgage costs. Despite resilient…

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Samsonite South Asia elevates Anushree Tainwala to chief business officer & executive director for India & the Middle East

Samsonite South Asia has promoted Anushree Tainwala to Chief Business Officer & Executive Director, expanding her leadership to India, South Asia, and 28 Middle Eastern markets. In her expanded role, Tainwala will drive brand strategy, product innovation, marketing, e-commerce, and…

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dtcpay Welcomes SBI Group as Strategic Investor, Extending Series A to US$25M

Singapore, dtcpay, a Major Payment Institution headquartered in Singapore, today announced the completion of its US$25 million Series A funding round. The round was led by Vertex Ventures Southeast Asia & India in April 2026. It is now further anchored…

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SEBI launches portfolio managers route for mutual funds: Here's what the new ₹25 lakh PRIM route means for investors
SEBI has approved a new route allowing portfolio managers to build portfolios using mutual funds, ETFs, index funds and SIFs. With a minimum investment of ₹25 lakh, PRIM could offer investors a professionally managed alternative to investing directly in mutual funds.
Tax audit report filed for AY 2026-27? Check these errors before 30 September and know when revision is allowed
Filed your tax audit report for AY 2026-27? It may still need a closer look before the 30 September deadline. From reporting details to disclosure requirements, here are the key errors taxpayers should check and what experts say about correcting them.
Inherited 1980s shares? How grandfathering rules save you from 2026 LTCG tax bill
Grandfathering rules can determine the cost of inherited listed shares, but indexation is not available.
Domestic travel spending: From medical needs to pilgrimages, MoSPI data reveals which trips cost the most
Indian households spend differently depending on why they travel, with some trips costing significantly more than others. MoSPI’s latest tourism expenditure survey reveals where the biggest expenses are coming from and how spending patterns differ between rural and urban households.
31 of 46 flexi-cap mutual funds delivered positive 1-year returns despite market fall: Check the schemes in red
Flexi-cap mutual funds saw a wide variation in one-year performance even as the Nifty 500 declined. While several schemes delivered positive returns, some slipped into negative territory. Here’s a look at how individual schemes fared against the benchmark.
After Madhya Pradesh, now Maharashtra to observe ‘no UPI day’ on October 2: What should consumers keep in mind?
Traders in Madhya Pradesh observed ‘No UPI Day’ on Wednesday. They were seeking an immediate withdrawal of the imposed MDR fees on UPI transactions.
How to refuse money requests from family and friends without destroying relationships
Lending money to friends and family without clear terms often leads to unreturned funds, damaged relationships, and personal stress. Learning to say no through clear boundaries, delaying responses, and offering alternative solutions can protect both your finances and personal bonds.
Can you make payments without internet connectivity? RBI’s offline e-rupee initiative explained
RBI is exploring offline e-rupee transactions using Bluetooth and NFC, allowing digital payments without internet connectivity. Details here. 
Planning a joint home loan with your spouse? Know how it affects eligibility, tax benefits, EMI and repayment
A joint home loan can help spouses increase their borrowing eligibility by combining their incomes, while also allowing them to share EMI payments. But higher eligibility does not mean couples should borrow the maximum, as both borrowers share the repayment responsibility.
UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes
NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.