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Mahadev betting funds used for Ebix buy: Enforcement Directorate

The Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg’s firm Eraaya Lifespaces acquired US software company Ebix using these funds. Money was routed through overseas structures and investment mechanisms. The agency has attached assets worth over…

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India, Brazil agree to cooperate on digital labour platforms, skills, social protection: Union minister Shobha Karandlaje

During the meeting, the Indian side shared details of the country’s Digital Public Infrastructure for labour, including the National Career Service Portal and the e-Shram Portal, described as the world’s largest database of informal sector workers.

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Staring down the barrel: India Inc stockpiles ahead of festive season

To ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks of essential parts. The ongoing crisis in West Asia is driving up raw material costs, with shipping lines warning of longer…

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Ather secures ₹200 crore from India-Japan Fund in expanded ₹1,200 crore fundraise

The India-Japan Fund will invest ₹200 crore in Ather Energy. Hero MotoCorp is also investing ₹960 crore in the funding round. Ather founders and other promoters will invest ₹20 crore each. These funds will support research, marketing, and expansion projects.…

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Operational compliance drives 70% of enterprise risk, warehouses emerge as weakest link: Report

According to the recent report by TeamLease RegTech most compliance risks stem from operational, licence-related and event-based obligations rather than routine filings, with warehouses recording the lowest compliance levels across enterprise units.

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HDFC Bank gets RBI nod to appoint Rajiv Kumar as part-time chairman

HDFC Bank received RBI approval for Rajiv Kumar’s appointment as part-time chairman. His three-year term as chairman will begin on July 15, 2026. This appointment follows the bank’s application and an earlier intimation to the regulator. The bank thanked Keki…

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  • NPS Vatsalya: Who can make gift contributions to a child's account? Explained

    NPS Vatsalya allows parents to secure their child's financial future by opening an account for minors. Launched in September 2024, it is regulated by the PFRDA, requiring a minimum annual contribution of ₹1,000.

  • NPS for small traders: Is ₹3,000 monthly pension after 60 enough for retirement? Experts highlight harsh reality

    The National Pension Scheme (NPS) for Traders offers eligible shopkeepers and self-employed persons an assured ₹3,000 monthly pension after 60. But with inflation and retirement expenses rising, is this enough? 

  • Paid off your personal loan? Why your credit score might not jump right away

    Loan closure is not just about making the final payment. Borrowers should also complete the necessary documentation and ensure that the lender updates the account correctly.

  • Gen Z now constitute 38% of investors — Here's why they choose capital markets, how India's wealth inclusion has evolved

    Indians under 30 years of age, or Gen Zs, now constitute 38% of investors. A report explores how India's wealth inclusion has evolved and why the capital markets have gained popularity as a choice of investment. 

  • Reliance Industries fell 25% this year: Which mutual funds have the highest exposure — and should you be worried?

    Reliance Industries has fallen 25% in 2026, putting mutual funds with high exposure to the stock in focus. While some schemes have larger allocations than others, the impact varies across fund categories. Here’s what investors should know about their exposure and portfolio risk.

  • Does 35% gold, silver and InvIT allocation flexibility make equity mutual funds a better buy? Experts explain

    Under the revised SEBI framework, eligible equity mutual funds can allocate their residual portfolio to assets such as gold ETFs, silver ETFs, and Infrastructure Investment Trusts.

  • Moving back to India with a foreign job: will your salary be taxed here?

    An NRI returning to India may become taxable on salary for services rendered from India, even if the employer is Canadian and the salary continues to be credited to a Canadian bank account.

  • EPFO: What is minimum balance? Check rules for early withdrawal, full list of reasons for partial withdrawal here

    EPFO members can withdraw funds for medical, educational, or housing needs. Here's a look at the EPFO's rules for partial and early withdrawal by subscribers and the full list of reasons you can use to access your provident fund corpus.

  • Debt mutual funds: Axis MF suggests where to invest as RBI may raise rates by 50-75 bps over next 6 months

    Interest rates may stay higher for longer as the Fed resumes hikes. Axis MF expects the RBI to tighten rates and favours 1-3 year corporate bonds, while remaining cautious on long SDLs. Here’s what debt mutual fund investors should know as bond yields rise.

  • With ₹30 LPA salary, should you buy a luxury car worth ₹50 lakh? EMI maths explained

    A ₹30 lakh salary can make a ₹50 lakh luxury car seem affordable, but monthly expenses like insurance and servicing can consume up to 50% of your income. 

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