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State Bank of India appoints former LIC finance head Sunil Agrawal as CFO

State Bank of India has named Sunil Agrawal its new Chief Financial Officer, bringing with him a wealth of experience from his 27 years at LIC. His role as key managerial personnel highlights his expertise in financial planning and regulatory…

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Mahadev betting funds used for Ebix buy: Enforcement Directorate

The Enforcement Directorate alleges illegal betting funds financed a major acquisition. Vikas Garg’s firm Eraaya Lifespaces acquired US software company Ebix using these funds. Money was routed through overseas structures and investment mechanisms. The agency has attached assets worth over…

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India, Brazil agree to cooperate on digital labour platforms, skills, social protection: Union minister Shobha Karandlaje

During the meeting, the Indian side shared details of the country’s Digital Public Infrastructure for labour, including the National Career Service Portal and the e-Shram Portal, described as the world’s largest database of informal sector workers.

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Staring down the barrel: India Inc stockpiles ahead of festive season

To ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks of essential parts. The ongoing crisis in West Asia is driving up raw material costs, with shipping lines warning of longer…

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Ather secures ₹200 crore from India-Japan Fund in expanded ₹1,200 crore fundraise

The India-Japan Fund will invest ₹200 crore in Ather Energy. Hero MotoCorp is also investing ₹960 crore in the funding round. Ather founders and other promoters will invest ₹20 crore each. These funds will support research, marketing, and expansion projects.…

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Operational compliance drives 70% of enterprise risk, warehouses emerge as weakest link: Report

According to the recent report by TeamLease RegTech most compliance risks stem from operational, licence-related and event-based obligations rather than routine filings, with warehouses recording the lowest compliance levels across enterprise units.

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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.