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Centrum’s fund modulus ropes in SBI veterans to drive growth

Raghavendra Rao, a former deputy managing director at the bank, Narayanan Sadanandan, a former CEO of SBI Pension Funds, and Anoop Krishna, former chief general manager of the corporate group at SBI, will join the private credit fund.

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There could be trade-off between innovation and regulation: RBI DG Rajeshwar Rao

Rajeshwar Rao also pointed out that regulators must focus on achieving a delicate equilibrium that addresses the critical concerns without imposing an undue burden on regulated entities.

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Gail (India) gains as Jefferies retains #39;underperform#39; call, raises target price

According to the brokerage, risk reward is unfavorable for the stock with it trading above 1 SD over LT Average.

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Ola Electric gets $50 million in debt financing from EvolutionX Cap

Ola Electric Mobility raised Rs 410 crore from EvolutionX Debt Capital, supported by DBS and Temasek. Founder Bhavish Aggarwal is pitching the IPO to global investors, aiming for a $7-8 billion valuation.

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India gold prices soar to record high, dampening demand, dealers say

Domestic gold futures rose to 69,487 Indian rupees ($834.07) per 10 grams, up nearly 10% so far in 2024.

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Zomato gets tax demand order of Rs 23 crore

Zomato to appeal Rs 23.26 crore tax demand from Karnataka for FY 2018-19, including GST of Rs 11,27,23,564. Confident in a strong case, Zomato plans legal proceedings within a specified timeframe.

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  • Aarogya Setu 2.0 launch today: How India’s new digital health platform may cut healthcare costs

    A smarter healthcare future begins with Aarogya Setu 2.0, bringing digital health records, ABHA integration, insurance support and easier access to medical services. The new platform aims to simplify healthcare access, reduce paperwork and improve patient experiences.

  • 8th Pay Commission: 5 key employee demands take centre stage ahead of crucial July consultations

    8th Pay Commission: Five major employee demands move into focus ahead of July consultations. Demands include pension revision, pay parity, maternity benefits and other allowances.

  • From ITR filing to TDS: 6 major tax deadlines in July 2026 that every taxpayer should know

    July is crucial for taxpayers due to key compliance deadlines, including income tax return filing. Missing deadlines can result in penalties and late fees. Full list of due dates this month.

  • EPFO 3.0: UPI, ATM withdrawal facility rollout date, limit, will you get an ATM card — All questions answered

    EPFO subscribers can soon withdraw provident fund savings via UPI apps and EPF-linked ATMs under the new EPFO 3.0 digital platform. 

  • EPFO portal upgrade: What changes for EPF members, what happens to existing claims, when you can file a new claim

    The EPFO's member and employer portals have been down since June 26 for software upgrades, causing delays in claims processing. Services are anticipated to resume by July 1, 2026. Here's what changes for EPF members among other details.

  • Mumbai IT employee hit with ₹3.36 lakh tax demand after employer fails to deposit TDS — here's what happened next

    A Mumbai IT professional faced a tax demand of ₹3.36 lakh after her employer failed to deposit deducted TDS. The ITAT ruled in her favor, stating tax demands cannot be raised if TDS is deducted but not remitted. Details of the case here.

  • Meet 29-year-old techie who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings

    Meet 29-year-old software engineer named Michelle Yeung who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings.

  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

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