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RBI likely to extend rate pause; neutral stance seen unchanged

Economists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. The central bank is also expected to keep its neutral monetary policy stance for the fourth review. Some economists foresee a potential rate hike…

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RBI revises deposit rules to enhance transparency, uniformity; new norms effective October 1

The Reserve Bank of India (RBI) has revised the regulatory framework governing deposit interest rates, introducing measures aimed at enhancing transparency and ensuring uniform treatment of depositors across banks.

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ZEE promoter fundraise plan faces uncertainty after Sebi's market ban

Zee Entertainment’s promoter fundraise faces regulatory hurdles after Sebi’s market ban. The company and its top executives are prohibited from securities dealings for a year. This order casts doubt on the proposed ₹3,144-crore warrant issue to promoters. Legal experts suggest…

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India writing new chapters in AI, semiconductors and space, says PM Modi

Modi said India’s youth have driven growth in mobile manufacturing, startups and emerging sectors like AI, semiconductors and space technology.

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Government plans to ease forex rule for SEZ services exports to domestic tariff areas

The current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised in foreign exchange, although there is no such requirement in case of supply of goods to…

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Tata Power wins APTEL ruling on ₹268 crore property tax, income tax claims

APTEL held that MERC had incorrectly disallowed property tax as an uncontrollable operation and maintenance expense and income tax for the period FY08 to FY14, Tata Power said.

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  • ‘Think early retirement is boring? Try…’: Pro-FIRE user’s post sparks debate; social media reacts

    Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.

  • NSC for NRIs: Can non-resident Indians invest in National Savings Certificate and claim tax benefits?

    Investments in NSC start at ₹1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.

  • DA hike: Minimum pension, variable DA, EPF ceiling increases — Trade union BMS to hold demonstrations on 17 August

    Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase. 

  • Maharashtra Ladki Bahin Yojana instalment date: When will you receive this month’s ₹1,500 payment?

    The Maharashtra government may provide ₹3,000 to women enrolled in the Ladki Bahin scheme before Raksha Bandhan. However, beneficiaries await clarity on pending payments for July and August, with no official confirmation yet on the potential combined instalment or payment dates.

  • Think your child’s PPF is a separate ₹1.5 lakh limit? Here’s what the Kerala HC says

    Among the safest investment options in India, public provident fund or PPF investment can help parents prepare for the big expenses in your children's future, be it health, marriage, education or other aspirations.

  • Earning money isn't the same as financial freedom, especially for women — Here's why

    The ET report said that building long-term wealth requires a deep understanding of financial planning.

  • ₹4 crore a year for ‘exclusive’ content: Indian influencers strike gold with paid Instagram subscription

    Subhashree Sahu, a prominent digital content creator from Odisha, lost her Instagram account. With over 1.3 million followers, she earned substantial income from subscriptions, reportedly around ₹23 lakh monthly. And, she is not alone.

  • Undisclosed Dubai bank account, UAE shares: ITAT upholds tax demand under Black Money Act

    The tribunal observed that Section 3 of the Black Money Act provides for taxation of an undisclosed foreign asset in the year in which the asset comes to the notice of the Assessing Officer

  • Waterfield Advisors founder Soumya Rajan on how true wealth management transcends investment strategy

    In the latest episode of Let’s Mint Money, Waterfield Advisors founder and CEO Soumya Rajan discusses family governance, the importance of the right asset allocation conviction and navigating global market shifts.

  • EPFO higher pension claims: Here's how members can track their status using app, portal, SMS, missed call—Stepwise guide

    EPFO has issued 149,806 pension orders for higher contributions to retired applicants with aim to provide greater benefits linked to actual wages, MoS Shobha Karandlaje told Parliament. Here's how beneficiaries can check status of their claims… 

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