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Ex-CFO of RCap, Amit Bapna, held in connection with ADAG probe

The Central Bureau of Investigation (CBI) has apprehended Amit Bapna, former CFO of Reliance Capital Ltd, in connection with the Reliance ADA Group probe. Investigators allege Bapna, who managed the company’s finances from 2014 to 2019, approved loans to intermediary…

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Sachin Bansal-backed Navi plans Rs 3,000 crore IPO, to file papers with Sebi by March quarter

Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer…

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Fall in global crude prices brightens fiscal outlook, El Nino risks linger

Lower global crude oil prices are reducing the government’s subsidy burden and boosting revenue prospects. While subsidy pressures and potential agricultural impacts remain concerns, the improved energy price scenario offers a more favorable fiscal path for the nation.

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Maya Tata set to take charge of Westside's digital growth, speed up global expansion

Maya Tata is set to spearhead Westside’s e-commerce marketing as the fashion retailer gears up for aggressive global expansion. Leveraging her digital expertise, she will drive online growth for the brand, which is also rapidly increasing its store count domestically.…

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Markets climb in early trade on buying in blue-chip bank stocks, lower oil prices

Indian stock markets surged on Monday, with Sensex and Nifty reaching new heights, propelled by strong buying in banking stocks and a dip in crude oil prices. Fresh foreign investment further boosted investor sentiment. Experts anticipate the market will now…

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India-UK CETA: CFOs anticipate export boom, expanding capacities ahead of July 15, 2026 implementation

Indian companies are gearing up for a promising boost in exports to the UK as a new trade deal looms on the horizon. CFOs are ramping up production capabilities to cater to anticipated demand, especially in sectors like textiles and…

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  • Is October 2 ‘No UPI Day’? What you need to know as trade bodies, mobile retailers call off MDR protest

    The proposed ‘No UPI Day’ protest on October 2, Gandhi Jayanti, has been called off by AIMRA and AICPDF after their meeting with FM Nirmala Sitharaman. Here’s what the proposed 0.4% UPI MDR means, what retailers have sought and what customers should know.

  • Protect policyholders' life savings: BJP MP writes to PM Modi, moots backup plan for insurer bankruptcy

    Gopchade proposed establishing a dedicated policyholders’ protection framework, with separate arrangements for life and long-term insurance, as well as general insurance.

  • Mutual fund portfolio: How conservative, moderate and aggressive investors can allocate in current scenario

    Large- and small-cap mutual funds are seeing different investor interest, raising questions about how you should allocate across equity and other asset classes. A September report outlines how conservative, moderate, and aggressive investors could structure their portfolios.

  • Pensions via UPI: PFRDA chief S Ramann bets on NPS Tatkal, targets 3 crore new subscribers

    The regulator is looking to expand pension coverage by making it easier for people to open NPS accounts and contribute digitally, particularly through the newly introduced NPS Tatkal facility.

  • Gandhi Jayanti 2026: Are banks open or closed on October 2? Here's what to know about UPI, net banking, ATM services

    This year, October 2 or Gandhi Jayanti, will fall on a Friday, marking the first weekday bank holiday of this month. Check how bank services, UPI, Net banking, ATM services will be impacted.

  • Need a personal loan? Report shows digital lenders are outpacing legacy banks; younger borrowers prefer fintech apps

    Digital personal loans are gaining ground in India, with digital lenders accounting for a large share of loan volumes. A new report examines how borrowing patterns are changing, who is using digital credit and how banks compare as the lending landscape evolves.

  • Bank account emptied by cyber fraud? Here’s what to do immediately and why 'golden hour' matters

    A cyber fraud can leave victims worried not just about lost money but also about what happens to their bank account after the incident is reported. Here’s what customers need to know about the bank’s response, account restrictions and chances of recovering the money.

  • Sikkim govt raises DA for employees and pensioners; 50,000 to benefit

    The revised rates will take effect on January 1 and will apply to employees and pensioners covered under both the pre-revised and revised basic pay structures.

  • Borrowing beats savings: Indian household debt grew 1.5x faster than assets in 2025, reveals new report

    The gap indicates that although households continued to accumulate savings and investments, a growing share of the additional wealth was offset by higher borrowing. Consequently, net financial assets grew by just 6.8% in 2025, below the growth rate of gross financial assets.

  • NPS Diwas: PFRDA launches awareness drive for Sanchay pension scheme — here's what you need to know

    PFRDA’s NPS Sanchay Pension Yatra will cover Delhi, Ahmedabad, Bengaluru, and Kolkata from 1-16 October. NPS Sanchay is designed to simplify retirement savings, with a predefined investment approach and flexible contribution options. Here’s who can apply and how the scheme works.

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