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FIU-IND issues notices to 15 virtual digital asset service providers for PMLA non-compliance

The Financial Intelligence Unit-India (FIU-IND) has issued notices to 15 Virtual Digital Assets Service Providers (VDA SPs) for non-compliance with provisions of the Prevention of Money Laundering Act (PMLA), 2002, the Ministry of Finance said on Wednesday.

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Why stock market is down today? Oil spike, IT rout among 6 key factors behind 700-point Sensex slump; Nifty below 23,500

Indian stock markets experienced significant losses as Sensex and Nifty declined. Soaring oil prices and other factors spooked investors, leading to a market downturn. Major IT stocks like Infosys and TCS saw considerable drops, impacting the overall market. Broader markets…

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India's quantum-safe security initiative: Ensuring digital trust while banks brace for AI-driven threats

India must build sovereign digital trust layers for its expanding digital economy. The nation is transitioning to quantum-safe security, moving from policy to planning. Banks are assessing their cryptographic inventory and identifying vulnerable systems. This quantum-security push is driven by…

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RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI Report

The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system’s surplus liquidity is expected to moderate through FY27, with the central bank able to use more flexible…

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India-US trade deal more or less finalised, to be signed at appropriate time: Commerce Secy

The India-US trade deal has been “more or less” finalised and the two sides are working on a framework for preferential market access before signing it at an appropriate time, Commerce Secretary Rajesh Agrawal said on Wednesday.

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India's new supply-chain wonder is set to shift the gears of growth

The operationalization of India’s freight corridors marks a transformative step for the nation’s logistics landscape, strategically positioned along major economic routes. These advanced routes not only expedite transport times but also elevate reliability for businesses, fostering better supply chain management…

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Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors
SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.
Bank strike from September 28-30: ATMs and 9 other services customers can avail without a branch visit; check list
A nationwide bank strike from September 28 to September 30 could disrupt cheque clearing and cash transactions as unions demand a five-day workweek. However, many banking services are expected to remain operational, allowing customers to manage funds and pay bills without visiting branches.
CA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 September
Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report.
Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income
Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Here’s who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.
CM Vijay to launch Tamil Nadu gold ring scheme on 28 Sept: What is it, who is eligible and how does it work? | Explained
Tamil Nadu Chief Minister S. Joseph Vijay will launch the 'Thaai Maaman Thanga Mothiram Thittam' scheme for newborns in Madurai on September 28, providing 1-gram gold rings to eligible babies delivered in government hospitals, promoting institutional deliveries and maternal health.
Sold house, land, shares or mutual funds? Know 9 reinvestment options to claim capital gains tax exemption
Selling a house, land, shares, mutual funds or other capital assets can trigger capital gains tax. The Income-tax Act provides nine exemptions under Sections 54 to 54GB if the gains or sale proceeds are reinvested in specified assets within prescribed timelines.
Invested in a top-performing mutual fund? Why strong returns may not translate into similar gains for you
A mutual fund’s reported returns may not always match what investors actually earn. The timing of investments and withdrawals can create a significant gap, even when the fund delivers strong long-term performance.
Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?
Irdai has proposed commission caps, tighter expense limits and stronger safeguards against mis-selling. But whether the reforms make insurance cheaper and easier to buy and claim will depend on implementation.
UPI MDR row reaches SC: Plea against merchant charges on payments above ₹2,000 to be heard on Monday
The Supreme Court will review a petition against the Centre's MDR on UPI transactions over ₹2,000, which will come into effect on October 15. Full details here.
₹10 lakh in 3-year Post Office TD vs 5-year TD: Which earns more interest? Check out the calculations
A ₹10 lakh Post Office Time Deposit earns 7.1% for three years and 7.5% for five years in July-September 2026. Here is how the interest compares and what investors should consider before choosing a tenure.