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Goldi Solar Secure $171 Million Investment Led by Havells to Boost Green Energy Production in India

Goldi Solar, a leading Indian solar module maker, has secured 14.22 billion rupees in growth capital, spearheaded by Havells India. This significant funding will fuel manufacturing expansion and solar cell production in Gujarat, boosting annual module capacity to 14.7 GW.

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ICAI draft Code of Ethics tightens audit independence, adds sustainability assurance, relaxes advertisement rules

How will ICAI redefine ethics for India’s chartered accountants? Can stricter independence norms, new sustainability assurance rules, and relaxed advertising guidelines modernise professional conduct and align with global standards? The draft Code of Ethics proposes wide-ranging reforms to answer these…

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Indian Asset Managers Face Sharp Decline as SEBI Proposes Lower Brokerage Fee Caps

Indian asset managers’ shares plunged as much as 8% after the markets regulator proposed significantly lowering brokerage fee caps. Analysts warn of a potential 30-33% hit to pre-tax profits for some firms, as reduced fees will impact expense ratios and…

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RBI boosts gold holdings in India to 575.8 tonnes; domestic prices edge higher

India’s gold reserves are increasingly being stored within the country as the Reserve Bank of India (RBI) continues to shift its holdings back home.

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UK development finance body to invest $75 million for Blueleaf Energy’s India plans

British International Investment is injecting $75 million into Blueleaf Energy. This funding will boost clean energy projects in India. The investment supports solar, wind, and energy storage. It aims to generate over 3.2 gigawatt-hours of clean energy annually. This move…

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Shapoorji Pallonji plans to raise Rs 22,000-cr in early 2026 to retire high-cost debt

Shapoorji Pallonji Group plans to raise $2.5 billion next year to retire high-cost debt. The infrastructure conglomerate is contacting existing investors to gauge their repayment preferences, aiming to refinance $1.7 billion of existing debt. This move is part of a…

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  • RBI announces redemption price for SGB 2021-22 Series III, investors set for over 220% gains; check details

    The RBI has fixed the premature redemption price at ₹15,512 per unit for SGB 2021-22 Series III due on 8 June 2026.

  • Do you have to pay tax on your NRE deposit interest? Key rules NRIs should know

    NRE accounts allow NRIs to deposit foreign income in Indian rupees, facilitating free repatriation. Interest on NRE fixed deposits is exempt from Indian income tax, enhancing their appeal.

  • Nifty Midcap150 Momentum 50: This index combines mid-cap potential with momentum factor

    Nifty Midcap150 Momentum 50 Index includes 50 mid-cap stocks that have delivered the strongest momentum, thereby combining the growth potential of mid-caps with the momentum factor's ability to identify market leaders.

  • CAGR vs XIRR: Which is better for analysing mutual fund returns?

    The Compound Annual Growth Rate (CAGR) is the average annual rate of return of a lump-sum investment over a specific period. The Extended Internal Rate of Return (XIRR) is a return calculation method used for investments with multiple cash flows occurring on different dates.

  • A guide to government securities for retail investors: Meaning, ways to invest, benefits and risks

    Government securities (G-Secs) are debt instruments issued by the RBI on behalf of the central and state governments to raise funds from investors. These securities can be purchased in the primary market during government auctions or in the secondary market. 

  • HDFC, ICICI Prudential and Nippon are restricting gold ETF inflows. Here's why

    Gold ETF inflows are at record highs, but fund houses are becoming more selective about fresh subscriptions. Here's why the rupee, gold imports and bullion supply are driving the decision.

  • ITR filing AY 2026-27: How to claim TDS refund while filing your income tax return

    Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. A TDS refund becomes applicable when the amount of tax deducted from your income during a financial year is more than the tax you are actually required to pay.

  • Mango bonds and tree renting: a side of Alphonso in your portfolio

    Consumers are renting mango trees and buying so-called mango bonds to secure premium fruit directly from farms. But are these genuine investments or simply a smarter way to buy mangoes?

  • How to change or update your EPF nominee online: Step-by-step process here

    EPF members can update their nomination online at any time. This allows them to change beneficiaries. Here's the full process and what to do to make your nomination valid.

  • Top 5 multi-cap funds with lowest expense ratios and highest long-term returns for investors to track

    Are you looking for a multi-cap fund that charges low fees and delivers benchmark-beating returns? Here are the top 5 multi-cap funds that combine low expense ratios with strong return performance.

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