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RBI likely to hold rates on August 5 despite inflation uptick

Headline inflation is expected to remain elevated through the October-December quarter because of unfavourable base effects, with inflation averaging just 0.6% during the same period last year.

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IIP data: Industrial production posts strong growth; rises by 7.3% in June

According to the NSO, the IIP growth rate accelerated to 7.3% in June 2026 from the quick estimate of 5% reported for May 2026. The revised estimate for May has since been lowered marginally to 5% from 5.1%.

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Delhi High Court orders winding up of Paytm Payments Bank after RBI licence cancellation

Paytm Payments Bank Limited is set for closure as per the directive from the Delhi High Court, resulting from the Reserve Bank of India’s earlier cancellation of its banking license. Reasons cited include failure to meet compliance regulations and negative…

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LIC appoints Shatmanyu Shrivastava as CFO, Sunil Agrawal moves to executive director role

Life Insurance Corporation of India on Tuesday appointed Shatmanyu Shrivastava as its new Chief Financial Officer, replacing Sunil Agrawal, who has been elevated to Executive Director

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HDFC Bank board finds 'business overreach', fines CEO and CFO Rs 1 lakh each

HDFC Bank on Monday said its board has issued warning letters and imposed a monetary penalty of Rs 1 lakh each on Managing Director and Chief Executive Officer Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan and Group Head – Retail…

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BikeWo to acquire 51% stake in Ignitium to expand into energy solutions

Under the proposed partnership, BikeWo and Ignitium will work together to develop integrated solutions for commercial fleets, industrial customers and logistics operators.

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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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