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A titan in tears: Anil Agarwal’s gritty journey from Bihar to billions

Vedanta founder Anil Agarwal has renewed his promise to give away more than 75% of his wealth. This commitment follows the sudden death of his son, Agnivesh Agarwal, in the United States. Agarwal’s life journey from humble beginnings in Bihar…

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Budget 2026 must create jobs by bridging skills gap, decriminalising taxes and easing compliance burden, say industry mavens

At the first discussion under the ETBFSI and ETCFO Union Budget 2026 series, industry representatives said improved policy intent has yet to translate fully on the ground, with gaps in implementation, skilling and regulatory clarity continuing to constrain hiring, investment…

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BHEL, ABB, L&T plunge up to 14% after report says govt may scrap curbs on Chinese companies

Shares of BHEL and other capital goods stocks tumbled up to 14% after reports said the Finance Ministry may scrap restrictions on Chinese companies bidding for government contracts. BHEL closed nearly 9% lower, while ABB, Siemens and L&T also declined…

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Sensex tumbles 1,600 points in 4 days, Rs 7 lakh crore erased: Trump tariffs, 5 other reasons behind market sell-off

Why market is down today? Indian stock markets are experiencing a significant downturn. Benchmarks have fallen for four consecutive sessions. Investors are reacting to global geopolitical issues and potential U.S. tariffs. Corporate earnings reports are also mixed. This combination of…

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Budget 2026: Rising defence and infrastructure needs likely to test India’s fiscal targets

Union Budget: India’s FY2026-27 budget is expected to see higher defence and capital expenditure as the government balances fiscal consolidation with growing domestic and external spending pressures, according to BMI, a Fitch Solutions firm. While the government may target a…

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Finance Ministry plans to scrap curbs on Chinese firms bidding for government contracts, sources say

India’s finance ministry is set to remove restrictions on Chinese firms bidding for government contracts. These curbs were imposed in 2020 following border tensions. The move aims to boost commercial ties and address project delays. Several ministries have requested exemptions…

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News

  • EPF wage ceiling may rise to ₹25,000, here's how it could boost your EPS pension and affect PF contributions

    The Centre is considering raising the EPF wage ceiling from ₹15,000 to ₹25,000, subject to Cabinet approval. If notified, the move could bring more employees under EPF and increase future EPS pension payouts.

  • Where does LIC invest your premium? Minister tells Lok Sabha how it picks stocks, why it won't name companies

    LIC’s equity investment strategy explained as the Finance Ministry reveals how the insurer managed policyholders’ funds in listed companies over five years, including risk checks, regulatory oversight, portfolio review and investment decisions based on business performance and future prospects.

  • Found errors in your filed ITR? Check due date and whether revising attracts penalty

    Taxpayers can file a revised return if they have made mistakes in their initial submission before the 31 July deadline. Know the due date and whether revising errors can lead to a penalty. 

  • Income Tax Department's NUDGE drive leads to 1.25 crore updated ITRs, ₹9,494 crore extra tax

    The CBDT's technology-driven NUDGE campaign prompted 1.25 crore taxpayers to revise or update their ITRs over FY25 and FY26. The voluntary compliance drive also helped the Income Tax Department collect ₹9,494 crore in additional taxes.

  • EPFO e‑Office app unavailable today during scheduled upgrade; check details

    EPFO's e-Office application will be unavailable from 6 pm to 9.30 pm today due to a scheduled system upgrade. Members may experience temporary service delays while key UMANG services remain available. Here's what EPF subscribers and employers need to know.

  • Stock market closing timings changed: What it means for index funds, ETFs and arbitrage fund investors

    The stock market’s new closing auction mechanism changes how closing prices are determined for F&O stocks. The shift from VWAP-based closing prices to auction-based pricing could impact index funds, ETFs and arbitrage funds by improving transparency and reducing tracking errors.

  • Franklin India Short Term Fund opens NFO on 5 August: Scheme type, duration and risk — Here's all investors need to know

    Franklin Templeton's new open-ended short term debt scheme, the Franklin India Short Term Fund opens NFO from 5th to 11th August. Here's all investors need to know about the scheme type, duration, minimum investment amount and potential risk class.

  • Factor investing styles: Momentum tops with over 24% returns in 10 years—but does it carry the highest risk?

    Factor investing has gained significant traction as investors increasingly seek rule-based strategies over traditional market-cap investing. While momentum has delivered the strongest long-term returns, the data shows that higher returns do not necessarily mean the highest risk. 

  • Zindagi Na Milegi Dobara's Arjun Saluja taught us to chase FIRE, but how to protect it for 50 years

    An early retiree must build a larger retirement corpus by targeting a lower withdrawal rate in retirement and by maintaining a margin of safety in the corpus to account for swings during multi-decadal economic cycles

  • EPFO: Unresolved pending claims, KYC errors, incorrect balance? Here's how to register grievance online — Stepwise guide

    Today, we look at how employees provident fund members can file a grievance with the retirement fund body, the step-by-step process to register a complaint, the customer care and social media alternatives.

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