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Veritas Finance refiles IPO papers with Sebi; eyes Rs 900 cr via fresh issue

Veritas Finance has refiled its initial public offering papers with Sebi. The company seeks to raise Rs 900 crore through a fresh equity share issue. Existing shareholders will also offer up to 1.28 crore shares for sale. Veritas Finance provides…

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Over 5 crore ITRs filed for AY 2026-27; I-T Dept cautions taxpayers against last-minute rush

More than 5 crore income tax returns (ITRs) have already been filed for Assessment Year (AY) 2026-27 so far, the Income Tax Department has said while urging taxpayers to complete their filings without waiting until the last minute.

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$32 billion inflows from India's forex drive yet to boost rupee

India’s special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupee or ease banking system liquidity. While borrowing costs have declined, the RBI’s foreign currency assets have risen more slowly…

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International funds deliver stellar returns in 1 year, but subscriptions remain shut. Experts suggest alternatives

International funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently restricted due to regulatory limits. Experts suggest alternatives like LRS platforms and GIFT City funds for global exposure. Diversified global ETFs tracking broad…

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Sensex, Nifty trade flat as hawkish Fed pause dents sentiment. What's driving the caution?

Indian stock markets traded flat on Thursday. The US Federal Reserve kept key interest rates unchanged. Policymakers indicated a potential rate hike later this year. Sensex and Nifty 50 saw slight gains after opening lower. Broader markets, however, remained in…

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Course correction: Govt readies plan in works to double education loan disbursals

The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student access to finance. Banks will organize camps for on-the-spot loan sanctions at many institutions. Credit guarantee cover for collateral-free loans is…

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  • From 5 lakh to 1.30 crore: Trial and error, discipline and boredom — Investor shares how portfolio grew over 7 years

    A process of trial and error and self-learning led this investor from ₹5 lakh portfolio to ₹1.30 crore over a seven-year period, he shared online. Here's how the investment journey went…

  • Widow denied ₹1 crore claim after husband passed away, later receives payment: Why court sides with the family

    Tata AIA rejected a ₹1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues. 

  • 8th pay commission: Full recommendations to come in May 2027? Here's how the timeline works

    8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline works…

  • Prashant Kishor has nearly ₹8 crore in FDs: How much tax could he pay on this massive corpus?

    Prashant Kishor's financial portfolio largely consists of fixed deposits totaling ₹7.36 crore with HDFC Bank, compared to only ₹63 lakh in equities. His election affidavit shows total assets of nearly ₹198 crore, including movable and immovable properties.

  • DA hike: ₹30,000 minimum wage, higher pension, job security — Full list of BMS' demands ahead of 17 August strike

    Key demands by the BMS include hike in variable DA, a minimum monthly wage of ₹30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes. 

  • Kisan Vikas Patra at 7.5%: How long will your money take to double in 2026?

    Kisan Vikas Patra offers a 7.5% annual interest rate in July-September 2026, with investments doubling in 115 months. Here is how KVP works, its maturity period, investment limits and key points savers should know before investing.

  • CBDT’s foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay?

    The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until December 2026. A 60% payment on the declared value ensures immunity from penalties.

  • Delhi Lakshmi Yojana: Here's how to check status of your application online — Stepwise guide

    Registration for the Delhi Lakshmi Yojana will continue till the target of 17 lakh women is met, CM Rekha Gupta said. Here's how eligible women can track the status of their application after applying for the financial assistance scheme… 

  • Have multiple jobs at the same time? Here’s how your PF membership is regulated under EPFO rules

    Employees with multiple jobs may receive separate EPF benefits from each employer, and EPFO provides guidelines for overlapping employment. Details here. 

  • Home loan prepayment vs investing: When should you use extra cash to repay debt?

    Home loan prepayment can reduce interest costs, while investing surplus funds may offer higher returns. Compare the loan rate, post-tax investment gains, risk and liquidity before deciding. 

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