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RBI likely to extend rate pause; neutral stance seen unchanged

Economists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. The central bank is also expected to keep its neutral monetary policy stance for the fourth review. Some economists foresee a potential rate hike…

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RBI revises deposit rules to enhance transparency, uniformity; new norms effective October 1

The Reserve Bank of India (RBI) has revised the regulatory framework governing deposit interest rates, introducing measures aimed at enhancing transparency and ensuring uniform treatment of depositors across banks.

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ZEE promoter fundraise plan faces uncertainty after Sebi's market ban

Zee Entertainment’s promoter fundraise faces regulatory hurdles after Sebi’s market ban. The company and its top executives are prohibited from securities dealings for a year. This order casts doubt on the proposed ₹3,144-crore warrant issue to promoters. Legal experts suggest…

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India writing new chapters in AI, semiconductors and space, says PM Modi

Modi said India’s youth have driven growth in mobile manufacturing, startups and emerging sectors like AI, semiconductors and space technology.

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Government plans to ease forex rule for SEZ services exports to domestic tariff areas

The current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised in foreign exchange, although there is no such requirement in case of supply of goods to…

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Tata Power wins APTEL ruling on ₹268 crore property tax, income tax claims

APTEL held that MERC had incorrectly disallowed property tax as an uncontrollable operation and maintenance expense and income tax for the period FY08 to FY14, Tata Power said.

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News

  • Student Term Insurance: When does it make sense and who should consider it?

    The key question for students and their families is whether buying term insurance is necessary or whether it makes sense to wait until the student starts earning and takes on financial responsibilities.

  • Ahead of festive season, what is silver hallmarking? Here's how to spot and read the classifications

    Silver hallmarking enables buyers to verify purity or fineness of precious metal jewellery. At present, the process remains voluntary for silver jewellery since 2005 but has been mandatory for gold since June 2021. 

  • Lock in low premiums: Why buying health insurance in your 20s can save you lakhs later

    Securing an individual insurance policy around age 25 while in good health unlocks financial and structural perks, including lower starting premiums and the ability to clear required waiting periods before medical issues arise.

  • EPFO: Rejoining after break? Here's how to activate your UAN, recover inoperative account online — Stepwise guide

    Rejoining the EPFO after a break? Here's how members can activate their UAN on the Umang app, what steps you can take to recover your account online and how your funds can be redeemed, in simple steps.

  • Are large-caps attractive after correction? Here’s what investors need to know

    R. Sivakumar from Axis Mutual Fund indicates large-cap stocks are becoming attractive after a correction, suggesting favorable conditions for investors. 

  • Uttarakhand pensions: ₹147 crore instalment released for over 9.91 lakh beneficiaries — Here's how to check

    Uttarakhand releases ₹147.05 crore pension was transferred directly into the bank accounts of 991,914 beneficiaries. In August, pensions of 5,605 new beneficiaries were also sanctioned under various pension schemes.

  • Too much AI exposure? Can Apple be the diversification play in your portfolio? What Indian investors need to know

    Investors wary of heavy AI spending by US tech giants are turning to Apple, which offers tech exposure with lower risk. Apple shares rose 7% while spending only $6.8 billion on capex, unlike major competitors investing $30-$54 billion quarterly.

  • HSBC Midcap Fund turns ₹10,000 monthly SIP into ₹2 crore since 2004

    HSBC Midcap Fund has delivered a 24.13% CAGR over three years, outperforming its benchmark and category averages across time horizons, with a monthly ₹10,000 SIP since its August 2004 inception growing to over ₹2 crore. 

  • 8th pay commission: Here's how employees, unions, stakeholders can apply online for appointment in Bengaluru

    The commission has scheduled meetings in September and October this year, in Chennai (Tamil Nadu), Puducherry (Union Territory), Chandigarh (Punjab, Haryana, Himachal Pradesh, UT), Bengaluru (Karnataka) and Mumbai (Central Railways).

  • Chandigarh consumer court orders holiday club to refund ₹95,000 with 9% interest

    Chandigarh District Consumer Disputes Redressal Commission has ordered Park Club International to refund ₹95,000 with 9% annual interest, plus ₹15,000 in compensation

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