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Anticipate government to go for 10% capex growth in budget: L&T CFO

Larsen & Toubro’s CFO R Shankar Raman anticipates a 10% rise in capital expenditure for FY27, expressing confidence that ample system liquidity will support government spending without crowding out private investment. He highlighted the crucial role of infrastructure in India’s…

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India-EU trade pact: Piyush Goyal to visit Brussels this week

Commerce Minister Piyush Goyal embarks on a visit to Brussels this week for critical discussions on a proposed trade pact with the European Union. Negotiations are in their final stages. Goyal will also visit Liechtenstein to explore boosting trade and…

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India-UK trade pact expected to come into force by first half of 2026: British envoy

A major trade deal between India and the United Kingdom is set for implementation in early 2026. This agreement aims to significantly boost trade between the two nations. Indian exporters will gain duty-free access to the UK market for most…

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Credit continues to beat deposit growth, PSU banks proforma numbers show

State-run banks saw steady balance sheet growth in the December quarter, with loans continuing to grow faster than deposits. Average credit growth was about 14%, compared with deposit growth of nearly 11%, highlighting ongoing funding pressures. Brokerages expect loan growth…

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Decade-old income tax demands resurface on portal, leaving taxpayers scrambling for proof

Old income tax demands from as early as 2005 are resurfacing on tax portals, with accumulated interest often exceeding the principal amount. This digitisation effort has created a piquant situation, as taxpayers may challenge the validity of these demands due…

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RBI flags AI-led market exuberance, warns of sharp correction risks

The RBI warned in its Financial Stability Report that financial stability risks could increase materially if there is a deeper correction in AI-driven asset prices, given the elevated valuations, rising leverage, and growing interconnectedness within the sector.

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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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