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Ministry of Corporate Affairs orders SFIO probe into IndusInd Bank citing public interest

In its order, the central government referred to multiple ADT-4 forms filed under Section 143(12) of the Companies Act, 2013 by the bank’s statutory auditors. An ADT-4 dated May 12, 2025 flagged accounting discrepancies aggregating about ₹1,959.78 crore for the…

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Trump’s ‘Gold Card’ attracts little interest as haze over permanent residency dulls its glitter

The Trump administration’s new ‘Gold Card’ visa program is seeing minimal interest. Immigration experts point to unclear rules and no defined path to permanent residency. They are recommending the EB-5 investor visa instead. This established program continues to attract significant…

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Tata Power set to tap market with ₹2,000-cr bond issue

The company will issue two securities, raising ₹1,000 crore each in three and five-year non-convertible bonds. This move marks Tata Power’s return to the bond market after over two years.

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Indian telcos go big on AI-ready data centres, plan ₹1 lakh crore investment

India’s telecom companies are shifting focus from network expansion to building AI-ready data centers and cloud infrastructure. This strategic move involves an investment exceeding ₹1 lakh crore over the next two to three years. The goal is to significantly boost…

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Raghuram Rajan says India not superpower yet, but doing ‘right things’ can get it there

Former RBI Governor Raghuram Rajan urges caution against premature claims of India being a global superpower. He emphasises that while ambition is vital, decades of sustained effort and groundwork are necessary before such a status can be credibly achieved. Rajan…

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State of the economy: How macroeconomic indicators performed in November 2025?

November 2025 data show an economy marked by subdued inflation, resilient services activity and strong digital payments, even as GST collections and industrial output softened from recent highs and unemployment fell to multi-year lows. With growth signals turning uneven, the…

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  • Sold property but did not file ITR? ITAT gives taxpayer another chance to contest ₹90.09 lakh income tax penalty

    A property seller facing a ₹90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.

  • Will RBI’s new measures to support rupee affect overseas investments? Experts explain

    The rupee surged 93 paise after the RBI tightened forex rules to curb dollar speculation. Experts explain how the measures could affect returns on US stocks, international mutual funds and ETFs, and what Indian investors should know about currency risk and overseas investments.

  • Earning ₹50,000, ₹1 lakh or ₹2 lakh a month? Here's how much you could save in 10 years

    A consistent monthly investment can help salaried individuals build wealth over 10 years. For those earning ₹50,000, ₹1 lakh or ₹2 lakh a month, the potential corpus depends on how much they invest, the returns they earn and how inflation affects the future purchasing power of their savings.

  • Buying gold this festive season? Check tax rules on cash purchases, PAN requirement and limit on holding gold at home

    Festive gold buying is common in India, but cash purchases and tax compliance rules apply. Here's all you need to know before purchasing ornaments and jewellery this Dhanteras. 

  • When should you switch your financial advisor? 5 warning signs investors should watch for

    A financial advisor should help investors meet their changing financial goals, not simply push new products. Here are five warning signs to watch for, from poor portfolio reviews and unclear recommendations to hidden costs and lack of transparency.

  • Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?

    A nominee helps banks and financial institutions settle investments after an account holder’s death. But what determines the final ownership of the assets? Full details here. 

  • Are you 30, 40 or 50? Here's how much retirement savings you may need at your age

    Retirement planning must account for inflation and decades of expenses after regular income stops. With 7% annual inflation, someone spending ₹50,000 a month today could need a retirement corpus of ₹2.20 crore to ₹11.95 crore by age 60, depending on their current age and years until retirement.

  • Gold vs equity vs real estate: How much would ₹1 lakh invested 20 years ago be worth today? Gold leads the pack

    FundsIndia’s October 2026 report compares 20-year returns across asset classes. ₹1 lakh invested in gold grew to ₹14.6 lakh, compared with ₹8 lakh in Indian equities, ₹4.3 lakh in debt and ₹4.2 lakh in real estate, highlighting gold’s stronger performance over the period.

  • Paying rent to parents? HRA exemption rules, documents required and tax savings explained

    The HRA provisions focus on whether the employee pays rent for accommodation actually occupied and whether the employee owns the property for which the exemption is claimed

  • UPI MDR: From 0.40% to 0.08% what IIT Bombay report has proposed and why it wants new fee structure, explained

    The revised MDR fee framework for UPI transactions could burden consumers through higher retail prices, even as merchants are barred from directly passing on the charges, an IIT Bombay report has warned, calling for changes to the proposed model.

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