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Bira 91 faces insolvency push as HNGIL seeks Rs 11.8 crore

Hindusthan National Glass has issued a default notice to Bira 91’s parent company. The glass manufacturer seeks recovery of over eleven crore rupees for unpaid dues. This action follows Bira 91’s founder stepping down amid financial challenges. Bira 91 has…

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CXOs sharpen AI edge to stay in control

The shift is visible across education platforms such as Emeritus, upGrad, Simplilearn, and Coursera where demand from experienced professionals is outpacing that from freshers and mid-career learners.

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Banks look to push prudent borrowing for small loan-takers

Banks and credit firms will launch a responsible borrowing campaign to curb bad loans. This initiative aims to promote financial discipline among young borrowers. The campaign will address risks from rapid digital credit growth and predatory apps. It will also…

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India Inc pays record dividends in FY26, but payout ratio slides

In FY26, Indian firms made history by distributing a staggering ₹4.5 lakh crore in dividends, marking a remarkable 15% annual growth rate over five years. A significant portion of these dividends, two-thirds, came from the banking, finance, and IT sectors.…

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Sitharaman meets US business leaders, pitches India as investment hub

Finance Minister Nirmala Sitharaman met several US business leaders in Chicago. She invited them to explore opportunities within India as a global operations hub. Discussions covered AI-enabled autonomy and defense technologies with Shield AI. Opportunities in agriculture and food value…

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Currency hedging to add 6-8% to green project financing costs: CII-IIMA report

Currency hedging could add 6-8 per cent to the annual financing costs of green projects in India, raising the cost of foreign capital and potentially discouraging global institutional investors from committing funds at scale, according to the India Sustainability Taskforce,…

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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.