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PLI schemes attract Rs 2.4 lakh crore investment, create 14.15 lakh jobs: Govt

The government’s Production Linked Incentive (PLI) schemes have attracted actual investments of more than Rs 2.40 lakh crore, generated over 14.15 lakh direct and indirect jobs, and enabled exports worth Rs 15.2 lakh crore across 14 key sectors as of…

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France bans social media access for children under 15; becomes 1st European country to bar kids from apps such as TikTok

France has banned children under fifteen from using social media platforms. This new legislation also prohibits mobile phones within French high schools. The government aims to protect young minds from harmful digital content and its effects. Several families have pursued…

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FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow in

The optimism follows RBI’s disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that has already eased earlier concerns the scheme was struggling for traction. Of the total, FCNR(B) deposits accounted for the largest…

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Inside IndiGo's succession plan: Rahul Bhatia prepares son Madhav for future leadership

The move comes amid leadership changes and increased promoter oversight following last year’s operational disruptions, as India’s largest airline prepares for its next phase of global expansion.

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India's SBI Funds ends 6.2% higher on debut as investors bet on industry growth

SBI Funds Management debuted on the stock market, valuing the firm at nearly thirteen billion dollars. Investors are betting on growth within India’s substantial asset management industry. The company’s initial public offering attracted significant investor interest and substantial bids. This…

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Sebi asks depositories to put in place operational framework to implement buyback rules from Aug 1

Sebi has directed depositories to implement a new framework for freezing promoter holdings. This operational framework will be in place by August 1, 2026. The mechanism freezes promoter and promoter group holdings at the ISIN level. Exceptions allow promoters to…

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  • Income-tax penalty over ₹3.71 lakh political donation deduction: ITAT Ahmedabad deletes ₹2.31 lakh penalty

    ITAT Ahmedabad has deleted a ₹2.31 lakh income-tax penalty imposed on a taxpayer over a ₹3.71 lakh political donation deduction claimed under Section 80GGC. The tribunal said the tax department failed to clearly establish how the claim amounted to under-reporting or misreporting of income.

  • Income tax disputes: Govt drops 23,467 appeals under higher tax-effect limits; what taxpayers need to know

    The Income Tax Department has withdrawn 5,978 appeals and not filed another 17,489 after higher monetary limits were introduced for departmental tax appeals. Here’s what the ₹60 lakh, ₹2 crore and ₹5 crore thresholds mean for taxpayers and pending income-tax disputes.

  • Paying rent using a credit card? These common mistakes could lower your CIBIL score

    Using a credit card for rent payments can offer convenience and rewards but may incur significant costs. Here's what you need to know before considering it.

  • Sebi proposes major overhaul of settlement rules; fast-track route for cases up to ₹10 lakh

    The proposals include removing an additional 20% settlement charge in certain cases involving multiple proceedings and introducing a fast-track mechanism for settlements of up to ₹10 lakh

  • West Bengal to implement Ayushman Bharat, Mukhyamantri Swasthya Bima Yojana from August 16 — Here's all we know

    West Bengal government is set to implement the Centre's health insurance scheme Ayushman Bharat and state's cashless coverage scheme Mukhyamantri Swasthya Bima Yojana from August 16. Here's all we know… 

  • 8th Pay Commission: Eligibility criteria, essential qualifications for consultants; check what's changed

    The 8th Pay Commission has updated guidelines on eligibility criteria and essential qualifications for vacancies of its contract-based consultant roles. Here's a look at what has changed for the applicants.

  • ‘Think early retirement is boring? Try…’: Pro-FIRE user’s post sparks debate; social media reacts

    Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.

  • Gen Z’s ‘YOLO’ image doesn’t match its bank account: Where young Indians are actually spending their salaries

    Gen Z's budget is far more practical than flashy. A staggering 70% of a young professional's monthly budget is swallowed up by just five core categories — Bills, subscriptions & more

  • NSC for NRIs: Can non-resident Indians invest in National Savings Certificate and claim tax benefits?

    Investments in NSC start at ₹1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.

  • DA hike: Minimum pension, variable DA, EPF ceiling increases — Trade union BMS to hold demonstrations on 17 August

    Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase. 

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