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Government likely to restart IDBI Bank privatisation process from scratch

The government, which has been seeking to divest IDBI Bank for about five years now, is likely to examine the process in detail, including the calculation of the reserve price mechanism used in the case of IDBI Bank

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Jio tells bankers it may file IPO prospectus as early as March

Reliance Industries Ltd. is preparing to file a draft red herring prospectus for its telecom unit, Jio Platforms Ltd., by the end of this month. The company has appointed 17 bankers to manage the potential IPO, which could be India’s…

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US Fed expected to hold rates steady as Iran war's shockwaves ripple

The Fed began its two-day meeting on Tuesday, which will culminate in an announcement of the benchmark lending rate in the world’s largest economy, expected at 2:00 pm US Eastern Time (1800 GMT) on Wednesday.

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India's exports to hold steady in March despite global disruptions: Piyush Goyal

While merchandise trade saw some pressure due to rising freight costs and challenges around the Strait of Hormuz, he said exports have largely remained stable till February and are expected to hold in March and that India’s overall trade deficit…

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Oil shock crushes refiners’ margins, threatens growth as crude nears $137

India’s oil sector is under pressure. Crude oil prices have surged dramatically. This is impacting Indian refiners and government finances. Fuel prices remain unchanged for consumers. This situation is unlikely to ease soon. Elections and fiscal year-end add to the…

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Adani Enterprises' resolution plan for Jaiprakash Associates gets NCLT nod

Adani Enterprises secured National Company Law Tribunal approval for its resolution plan for Jaiprakash Associates. The tribunal issued an oral order on March 17, 2026, with detailed disclosures to follow upon the written order. Adani Enterprises was previously named the…

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News

  • SCSS gives 8.2% returns, but are Small Finance Bank FDs a better choice for senior citizens? Check out now

    SCSS provides government-backed safety and regular quarterly income, while Small Finance Bank FDs offer flexibility and competitive rates. Explore a detailed comparison of returns, risk, liquidity and tax advantages before choosing the right retirement investment strategy.

  • RBI revises deposit interest rate rules: What fixed deposit investors should know before investing from October 1

    The RBI's revised deposit interest rate framework takes effect from October 1, 2026. While banks get more flexibility in pricing bulk deposits, retail FD investors will see greater transparency and uniformity in interest rates.

  • ITR filing deadline is over: Received a tax notice after July 31 due date? Here's how you should respond

    Taxpayers should not overlook income tax notices post-ITR submission. Responding promptly via the e-filing portal is crucial to avoid penalties, as non-compliance can lead to higher tax assessments and even prosecution in severe cases.

  • Here's how this millennial became a millionaire — Housing hacking and investing in index funds, strategy explained

    Millennial investor Todd Baldwin became a millionaire in his 30s by employing a combination of real estate and equity investment. Here's how he used the housing hacking strategy to gain rental income and invested it in index funds. 

  • Bank holidays this week: SBI, HDFC, ICICI, PNB to remain closed for upto 3 days — Check RBI calendar here

    Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks across India will be closed for upto three days this week, but digital platforms like UPI and banking apps will remain operational.

  • The motorcycle and the Ferrari: when to indulge and when to hold back

    Buy the Ferrari, by all means, on the day you become the person who has earned it. Until then, it's fine to admire one zooming past, and getting on with the un-Ferrari years that are the real work.

  • Higher social security payouts for Americans in 2027 may put the retirement programme at risk — Here's how

    US President Donald Trump's policies have pushed up inflation, which has increased the potential social security payouts for Americans in 2027, and threatened to put the US' retirement programme at risk.

  • Labour codes to ensure social security for millions of gig workers in India, says Mandaviya — Here's all we know

    The central government will ensure gig workers in India have access to social security scheme benefits through implementation of the labour codes, Union Minister Mansukh Mandaviya told Rajya Sabha. 

  • Social Security SSI August payment arrives early: Why August payments arrived early and who is eligible

    Social Security benefits vary by retirement age, with a maximum of $5,181 available at 70. For 2026, benefits at 62 are $2,969, at 67 are $4,152, and payments are adjusted for SSI due to calendar changes, emphasising separate programs for different needs.

  • 8th pay commission: Delhi, Chennai, Puducherry, Chandigarh — Full list of state visits and meetings in August, September

    8th pay commission: Delhi, Chennai, Puducherry, Chandigarh and Mumbai — Here's a full list of cities and dates that the 8th CPC is set to conduct state visits and meetings in August and September 2026.

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