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Indian corporates to double capex to $800 billion through FY2030: Report

India’s top companies are set for significant growth. Spending and capital expenditure could double in five years. This expansion is fueled by strong revenues and profits. Infrastructure investments will drive approximately $800 billion in spending. Advanced research and development will…

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India’s Securitisation Market Hits Record Rs 2.35 Trillion in FY 2025 Driven by Residential Mortgage-Backed Securities

India’s securitisation market hit a record Rs 2.35 trillion in fiscal 2025. Residential mortgage-backed securities accounted for 22 percent of this total. Bilateral assignments dominated RMBS issuance. A new transaction by RDCL could boost investor confidence in pass-through certificates. India’s…

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Why are major mutual funds pausing investments in silver ETFs?

Several mutual fund houses have halted fresh lump sum investments in Silver ETF Fund of Funds due to a significant domestic price premium. This measure aims to protect retail investors from buying silver at inflated prices, a situation driven by…

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Google to invest $15 billion in AI data centre in biggest India investment

Google is investing $15 billion over five years to establish a major AI data center in Andhra Pradesh, India. This significant investment aims to create the largest AI hub outside the U.S. and is part of a global network, with…

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Creating domestic ‘Big Four’: ICAI CA networking portal expected to go live by February

ICAI aims to make its networking portal for 96,000 CA firms functional by February 2026. How will it help small firms merge and expand? Can it bridge geographic gaps? Will it enable home-grown firms to rival the Big Four? Here…

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Digital payments contribute 99.8 pc of India’s retail payments in Q1 FY26: Report

Digital transactions contributed 99.8 per cent of India’s retail payments in the first quarter of the current financial year (Q1FY26), with paper-based instruments (cheques) nearly obsolete, owing to policy push, infrastructure support, and deep fintech penetration, a report said on…

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  • Dearness Allowance: Here's all we know about Punjab, West Bengal and Himachal Pradesh govts' discussions on DA hikes

    Dearness Allowance: DA is the component of the basic salary that is periodically adjusted for inflation. Here's all we know about the Punjab, West Bengal and Himachal Pradesh state governments' discussions on respective DA hikes.

  • Will ₹10 crore be enough to retire comfortably? Expert says ‘wrong approach’ | Use this simple formula to understand

    Determining retirement needs requires calculating future monthly expenses, factoring in inflation, and estimating the necessary corpus. For example, a current expense of ₹70,000 may grow to ₹3 lakh in 30 years, necessitating a corpus of about ₹5.2 crore for adequate retirement funding.

  • How are dark patterns causing ₹25,000 crore loss to consumers annually?

    The CCPA issued guidelines in 2023 to prevent and regulate dark patterns. The authority has listed 13 specific dark patterns. It has issued an advisory to strengthen compliance with guidelines and even penalised some platforms. However, the compliance still needs to improve.

  • Bank holiday today: Are banks closed on Saturday, 20 June for the weekend? Check RBI calendar here

    Bank holiday today: Are banks closed today for the weekend holiday on Saturday, 20 June? Check the RBI calendar here… 

  • PhonePe to charge ₹100 quarterly fee on wallets inactive for a year: Here's how users can avoid it

    PhonePe has introduced a ₹100 quarterly inactivity fee for wallets not used in 365 days. Users must complete a transaction to avoid charges. Details here.

  • PM Kisan 23rd instalment 2026: Payment date announced for ₹2,000; eligibility, eKYC details

    Under the flagship income-support programme, eligible farmers receive ₹2,000 every four months, amounting to ₹6,000 annually in three equal instalments.

  • ITR-3 excel utility for AY 2026-27 goes live: Who can file and key details for taxpayers

    The I-T department has released the Excel Utility for ITR-3 for Assessment Year 2026-27 on the e-filing portal. Here's who must file this form what changed this assessment year.

  • I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…

    An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.

  • Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

    The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.

  • EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

    Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 

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