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KPI Green Energy to raise $363 million from SBI, top executives say

KPI Green Energy is set to receive a substantial boost with a 32 billion rupee loan from the State Bank of India, aimed at expanding its renewable power production capacity. This move aligns with India’s ambitious green energy goals. Simultaneously,…

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Gold touches record high as Fed rate-cut hopes dent dollar

Gold prices surged to a record high as the dollar weakened, fueled by expectations of Federal Reserve interest rate cuts. The market anticipates a near-certain 25-basis-point cut at the Fed’s upcoming meeting, with some even pricing in a 50-bp reduction.

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Swiggy, Zomato deliveries to cost more from Sept 22. Finance Ministry explains the why & how behind it

From September 22, food delivery via Zomato, Swiggy and Magicpin will cost more as 18% GST applies on delivery charges, adding Rs 2–2.6 per order. This comes alongside higher platform fees—Swiggy at Rs 15, Zomato at Rs 12.50, and Magicpin…

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RBI likely to cut rates by 25 bps each in Oct, Dec MPC; CPI may avg at 2.4% in FY26: Morgan Stanley

The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to…

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Bank earnings may rebound in FY27 after slowdown in FY26 amid margin, credit pressures

Mid-sized private banks with higher exposure to microfinance and unsecured retail loans have faced the steepest earnings cuts, with some seeing declines of 40-95% over the past year.

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Google parent Alphabet enters $3 trillion market cap club, powered by AI optimism and legal relief

Alphabet’s shares surged, propelling it into the $3 trillion market-cap club alongside tech giants like Apple and Microsoft. This milestone was fueled by easing regulatory concerns, strong cloud demand, and growing AI enthusiasm. The company’s diversified business and expanding role…

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  • Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest

    Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.

  • 8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions

    UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.

  • Dearness Allowance: Here's the formula used to calculate your DA hike, explained

    Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how…

  • RBI mis-selling rules explained: Tricked into buying a financial product? Here's how you can get your money back

    Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.

  • EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison

    EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

  • Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here's what happened next

    A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on ₹19.06 lakh leave encashment. Details here.

  • RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms

    The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.

  • Made a mistake in your tax return? Here's how to correct it even after receiving a refund

    Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

  • Can investing in an under construction property help you save capital gains tax? Check Section 54 rules

    Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines

  • Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind

    When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.

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