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NCLT bars Subhash Chandra from alienating assets, stays Rs 6.5-cr repayment plan

The insolvency tribunal NCLT has barred Subhash Chandra from alienating his assets. It also stayed an order allowing him to settle claims for about Rs 6.5 crore. This settlement was against claims of roughly Rs 22,006 crore from creditors. The…

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Foreign buying in Indian stocks hits 23-month high in August, depository data shows

Foreign investors poured $3.1 billion into Indian equities during August. This marked the highest monthly inflow seen in nearly two years. Domestic companies’ strong earnings outlook and RBI’s rupee stabilization measures aided this trend. Despite this, foreign investors remain on…

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Ujjivan SFB MD & CEO Sanjeev Nautiyal seeks early retirement, ED Carol Furtado to take interim charge

MD& CEO, Sanjeev Nautiyal’s seek for early retirement led to the change in the directorate of the Bengaluru-based Private lender. Executive Director, Carol Furtado takes charge as interim MD & CEO, from September 1, 2026.

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RBI appoints Suman Ray as Executive Director, to head DICGC and Premises Department

Suman Ray will assume the role of Executive Director at the Reserve Bank of India. His appointment is effective from September 1, 2026, as announced by the central bank. Previously, Ray served as the Regional Director for Maharashtra and has…

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AI's impact on cyber risk is immediate concern for global financial system

Andrew Bailey, Chair of the Financial Stability Board, underscored the pressing cyber risks associated with AI technology. He observed that many countries are ill-equipped for the advanced deployment of AI systems. The concentration of technology providers poses a threat to…

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Record 7.8 crore ITRs filed for AY26-27 as August 31 deadline ends

Over 7.8 crore Income Tax Returns were filed for AY 2026-27 by August 31. This marked the close of the revised statutory deadline for non-audit taxpayers. The Income Tax Department thanked taxpayers and professionals for their timely compliance. Non-audit business…

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Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors
SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.
Bank strike from September 28-30: ATMs and 9 other services customers can avail without a branch visit; check list
A nationwide bank strike from September 28 to September 30 could disrupt cheque clearing and cash transactions as unions demand a five-day workweek. However, many banking services are expected to remain operational, allowing customers to manage funds and pay bills without visiting branches.
CA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 September
Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report.
Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income
Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Here’s who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.
CM Vijay to launch Tamil Nadu gold ring scheme on 28 Sept: What is it, who is eligible and how does it work? | Explained
Tamil Nadu Chief Minister S. Joseph Vijay will launch the 'Thaai Maaman Thanga Mothiram Thittam' scheme for newborns in Madurai on September 28, providing 1-gram gold rings to eligible babies delivered in government hospitals, promoting institutional deliveries and maternal health.
Sold house, land, shares or mutual funds? Know 9 reinvestment options to claim capital gains tax exemption
Selling a house, land, shares, mutual funds or other capital assets can trigger capital gains tax. The Income-tax Act provides nine exemptions under Sections 54 to 54GB if the gains or sale proceeds are reinvested in specified assets within prescribed timelines.
Invested in a top-performing mutual fund? Why strong returns may not translate into similar gains for you
A mutual fund’s reported returns may not always match what investors actually earn. The timing of investments and withdrawals can create a significant gap, even when the fund delivers strong long-term performance.
Irdai’s distribution overhaul: Will it make insurance cheaper, curb mis-selling?
Irdai has proposed commission caps, tighter expense limits and stronger safeguards against mis-selling. But whether the reforms make insurance cheaper and easier to buy and claim will depend on implementation.
UPI MDR row reaches SC: Plea against merchant charges on payments above ₹2,000 to be heard on Monday
The Supreme Court will review a petition against the Centre's MDR on UPI transactions over ₹2,000, which will come into effect on October 15. Full details here.
₹10 lakh in 3-year Post Office TD vs 5-year TD: Which earns more interest? Check out the calculations
A ₹10 lakh Post Office Time Deposit earns 7.1% for three years and 7.5% for five years in July-September 2026. Here is how the interest compares and what investors should consider before choosing a tenure.