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Kishore & Rakesh Biyani fined for Future Retail disclosure lapses

SEBI has fined Kishore Biyani, Rakesh Biyani, and former CFO C P Toshniwal a total of ₹50 lakh for violating disclosure norms and related party transaction rules in the Future Retail case. The regulator found inadequate disclosure of relationships and…

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CBI seizes forensic audit, tax records at RCom director's residence

Central Bureau of Investigation officials searched the home of Grace Thomas, a director at Reliance Communications. The operation focused on her past role at Reliance Telecom Limited. CBI seized personal details, a forensic audit report, and accounts records. Reliance Communications…

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Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifies

Consumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi’s call for austerity measures. Jewellers report a significant increase in sales. Customers fear higher import duties or GST on gold. Many are advancing purchases…

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How streamlined GST credits may help Indian manufacturers stay agile amid global disruption

As India opens its markets through FTAs, domestic cost structures, especially those linked to GST credit accumulation, become even more critical to ensure a level playing field.

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Uday Kotak puts India's troubles in perspective as the economy swings between hope and despair in the wake of Iran war

CII Annual Summit: Uday Kotak issued a rallying cry for India to gear up for looming global challenges. He stressed upon the importance of a proactive stance rather than a wait-and-see approach for India to successfully navigate the current global…

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‘How long can oil companies absorb losses?’: Hardeep Singh Puri on fuel prices

Speaking about the potential hike in fuel prices, India’s Oil Minister Hardeep Puri reassured the public while acknowledging the pressure on oil companies. The minister highlighted the importance of proactively addressing the economic strain caused by current fuel pricing strategies.

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  • RBI's special FCNR(B) deposit deadline nears: Should investors tap this opportunity before 31 August? Expert weighs in

    The RBI has cut short the deadline for its special FCNR(B) deposit swap facility to 31 August from 30 September. With the window closing soon, NRIs need to weigh the potential benefits of higher foreign currency returns against the lock-in and liquidity considerations.

  • Consistency beats quick fixes — 5 simple habits to build a bulletproof credit score

    Credit score assessment relies heavily on four pillars: your track record of repaying debts, the proportion of available funds you currently use, the longevity of your active accounts, and the frequency of your recent loan applications.

  • Gen Z rules new investor category; 18-24 age group grows 7 times: Check preferred investment method, SIPs or lump sum?

    Axis Direct data reveals a 53% rise in Gen Z investors aged 18-30, with significant growth in Tier-2 cities. Women now represent 13% of new additions. 

  • Claiming both HRA exemption and home loan interest deduction: Know when it is allowed — and when it's not

    Claiming HRA along with home loan benefits is allowed in certain situations, but mismatches in rent, property status, or loan details can attract tax notices. Here’s what taxpayers should know about location rules, eligibility, and documentation. 

  • Gold too expensive! Young India is turning to 9-carat jewellery | All you need to know

    Experts found that, unlike 14-carat jewellery in its early days, the 9KT category is gaining awareness and trending in line with expectations.

  • How to find the best mortgage: Compare home loan rates of leading Indian banks

    State-backed lenders often provide competitive interest terms based on loan brackets. Bank of Maharashtra offers interest rates ranging from 7.00% to 9.90%, while the rates at Central Bank of India range between 7.00% and 9.15%.

  • How income plus arbitrage FoFs are more tax-efficient than debt funds: The impact on investor returns

    Income Plus Arbitrage FoFs combine debt and arbitrage strategies, but their tax treatment can differ from that of debt funds. For investors in higher tax brackets, this difference could affect the returns they ultimately take home. Find out why.

  • Want free airport lounge access without spending more? 5 credit cards travellers can consider in August this year

    Credit cards now offer valuable perks like complimentary airport lounge access, which is becoming harder to obtain for free due to banks tightening policies. However, some cards still provide unlimited access without spending thresholds. Check details

  • Filing ITR by 31 August? Know the right forms for taxpayers with business or professional income

    With the 31 August ITR deadline approaching, business and professional taxpayers need to know which return applies to them and which supporting tax forms may be relevant. From ITR-3 and ITR-4 to TDS and audit-related forms, here’s what to check before filing.

  • No predictable monthly income? How gig workers can use NPS to save for retirement and build a long-term corpus

    NPS can help gig workers, freelancers and self-employed individuals build a retirement corpus even when their monthly income fluctuates. Experts suggest saving a percentage of each payout, starting early and making larger contributions during stronger earning months.

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