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IndusInd's ex-CFO files Rs 70-cr suit over wrongful termination

Former IndusInd Bank CFO Gobind Jain has filed a ₹70-crore lawsuit against the bank in the Bombay High Court, alleging wrongful termination. Jain seeks ₹20 crore for lost earnings and ₹50 crore for reputational damage and mental trauma. The suit…

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Sebi seeks to align securitisation framework with RBI regulations

Sebi has proposed easing securitisation norms, including relaxing the 25% single borrower exposure cap, to align with RBI regulations for entities governed by central bank rules. The regulator also suggested shifting disclosure responsibilities to the servicer and modifying governance for…

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Top executives of pvt firms among 7 held in 'overtime payment' scam in Chhattisgarh

Seven people, including top executives from manpower companies, have been arrested in Chhattisgarh. The arrests are linked to alleged irregularities in overtime payments at CSMCL during the previous Congress government. Investigations reveal nearly Rs 115 crore was disbursed under the…

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Domestic demand lifts commercial vehicle sales in April, export pressures persist

India’s commercial vehicle (CV) segment reported a mixed performance in April 2026, with strong domestic demand supporting growth across major manufacturers, while export pressures and segmental weakness weighed on overall momentum, according to the monthly sales data released by companies.

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Net direct tax collection rises 5% to Rs 23.40 lakh cr in FY26, misses revised budget target

India’s net direct tax collections reached over Rs 23.40 lakh crore in fiscal year 2025-26. This marks a 5.12 per cent increase from the previous year. However, the collections fell short of the revised government target for the fiscal. Corporate…

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IndiGo ropes in former Airbus executive for AI push

Hoesch’s appointment comes at a time when the domestic aviation industry is sharpening its focus on AI to enhance efficiency amid pressure on operating costs especially high jet fuel prices.

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PNB Housing Finance tops list of mutual funds' 10 favourite small-cap stocks; Crompton Greaves, Delhivery make the cut
Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.
Filed ITR in May or June? Here's why you should revisit it and check these 7 key things before 31 July deadline
Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays. 
ITR filed and verified? Here's how the Income Tax Department spots mismatches—and when it sends a notice
The CPC first verifies that you've used the correct ITR form, filled in all mandatory schedules, and that there are no calculation errors. If it finds major issues, you may receive a defective return notice.
Hidden risks of UPI Autopay: Nykaa AVP’s LinkedIn post sparks debate about free trials
Lokesh Ahuja from Nykaa shared a cautionary tale about hidden AutoPay mandates after teaching his mother how to make UPI payments. He emphasises the importance of digital literacy.
Tax consultant made error in ITR filing: ITAT Chennai gives relief to taxpayer, waives ₹1.92 lakh penalty
A Chennai taxpayer faced a ₹1.92 lakh penalty after her tax consultant made errors in the ITR filing. ITAT Chennai waived the penalty, ruling that a genuine mistake by a tax professional cannot be treated as misreporting of income under Section 270A. 
Would your family know how to access your wealth in an emergency?
A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.
SIP reduces only entry-timing risk: Here's why valuation, liquidity and portfolio concentration still need attention
SIPs help reduce entry-timing risk through rupee-cost averaging but cannot shield investors from valuation, liquidity, concentration or fund-selection risks. Investors should not mistake SIPs for a complete risk-management strategy.
ITR filing deadline: After 4 extensions in last 5 years, why AY 2026-27 may not get extra time
As the 31 July deadline for filing ITR approaches, taxpayers hope for an extension like in previous years. Here's why AY 2026-27 is different for tax filing.
ITR filing 2026: Expecting an income tax refund? Check these 5 details before filing your return to avoid delays
Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or pending tax demand can delay your refund even after the return is processed.
FD rates in July 2026: Small finance banks offer up to 8.10%; compare returns from 7 leading lenders
July 2026 FD rates show small finance banks offering up to 8.10% interest, ahead of leading private and public sector banks. Compare FD rates, tenures and key investment factors across seven major lenders before booking a fixed deposit to secure better returns.