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RBI imposes penalties on Muthoot Finance, 5 others for compliance violations

The Reserve Bank of India has fined six companies for regulatory breaches. Muthoot Finance received a Rs 5.80 lakh penalty for risk management failures. Avail Financial Services was fined for director conflicts and exposure limits. PAN Emami Cosmed faced penalties…

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Reliance Jio Q1 Results: IPO-bound telco’s net profit rises 9% YoY to Rs 7,764 crore; ARPU climbs to Rs 215.6

Reliance Jio Q1 Results: Jio Platforms reported a 9% YoY rise in Q1 FY27 net profit to Rs 7,764 crore, supported by higher ARPU, subscriber additions and digital services growth. The IPO-bound telecom major also highlighted its expanding broadband business…

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ESG-led responsible business conduct key to India's economic competitiveness: MCA

Environmental, Social and Governance (ESG)-led responsible business conduct must evolve into a key driver of India’s economic competitiveness as the country moves towards its vision of becoming a developed nation by 2047, Ministry of Corporate Affairs said on Friday.

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India's economy remains strong amid West Asia, weak monsoon risks: RBI chief

RBI Governor Sanjay Malhotra said on Friday that India’s fundamentals remain strong, with a decent pace of economic expansion despite geopolitical uncertainties triggered by the West Asia crisis.

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Parliamentary panel seeks Economic Affairs Secretary's clarifications on Securities Market Code Bill

The Parliamentary Standing Committee on Finance called the Economic Affairs Secretary to seek clarifications on the proposed Securities Market Code Bill as it works to finalise its draft report, with 26 residual clauses yet to be incorporated before the panel…

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RBI fixes underwriting commission rates for Rs 32,000 crore government securities auction

The Reserve Bank of India (RBI) has fixed the underwriting commission cut-off rates for three government securities carrying a combined notified amount of Rs 32,000 crore.

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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.