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India’s Adani Enterprises taps debt private placement after 2-year gap, bankers say

Adani Enterprises is set to raise 10 billion rupees ($112.6 million) via a private placement of two-year and six-month bonds, its first such fundraising since 2023. The bonds, offering an 8.70% semi-annual coupon, follow recent regulatory dismissals of some Hindenburg…

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Airtel Business bags multi-year contract for Indian Railway security operations centre

Airtel Business secured a multi-year contract from the Indian Railway Security Operations Centre. Airtel will build a multi-layered cybersecurity ecosystem for Indian Railways. This system will protect the IT backbone and ensure secure digital operations. It safeguards critical data for…

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India, EU kick off fresh round of FTA talks in Brussels today.

India and the EU have started their 14th round of Free Trade Agreement negotiations in Brussels, targeting a year-end conclusion despite unresolved issues like market access. EU Ambassador Herve Delphin highlighted the FTA’s potential to significantly boost bilateral trade and…

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India’s Consumption Revival: Boosted by Tax Cuts and Easing Inflation in FY2026

India’s consumption revival is expected to gain strong momentum in the second half of FY2026, supported by tax cuts, rate reductions, and GST rationalisation, a new report said on Monday.

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Tata Capital IPO Sees 20% Subscription on First Day Amid Strong Institutional Demand

Tata Capital’s IPO garnered a 20 per cent subscription on its first day, with Qualified Institutional Buyers at 29 per cent and Retail Individual Investors at 19 per cent. The Rs 15,512 crore public offering, priced between Rs 310-326 per…

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Services activity slows in September as new orders and exports moderate

HSBC’s India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, eased to 60.9 in September from 62.9 in August, signalling continued robust expansion but a moderation in growth. New orders, exports, and hiring all expanded at slower rates, while…

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  • ₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules

    The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.

  • NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief

    An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.

  • Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains

    Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.

  • FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?

    When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.

  • Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed

    Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.

  • Train ticket insurance from October 27: Is it mandatory, what is the current premium, coverage and claim process?

    The Supreme Court has directed Indian Railways to provide mandatory travel insurance for all tickets sold at station counters from October 27, 2026. Details here.

  • Flat sold 10 days after registration: How an allotment letter helped an NRI claim long-term capital gains tax benefits

    An ITAT Surat ruling held that an NRI's property holding period began with the 2011 allotment letter, not registration in 2016. The decision highlights why allotment documents matter when determining long-term capital gains tax on property sales.

  • DA hike before Diwali 2026: How much extra salary could central government employees get if DA rises to 63%?

    Central government employees could get a festive-season salary boost if the Centre approves a DA hike from 60% to 63%. Here’s how much extra monthly salary and July arrears employees could receive across different basic pay levels, and what remains unconfirmed.

  • EPFO scheme offers up to ₹15,000 to first-time employees: Check eligibility, salary limit and payment rules

    Eligible first-time employees can receive up to ₹15,000 under the EPFO-linked PM-VBRY scheme. Check the salary limit, joining dates, EPF membership rules, six- and 12-month service requirements and the financial literacy course needed for the second instalment.

  • Failed UPI, ATM or card payment? Here's when you'll get ₹100 per day for a delayed refund — Key RBI rules explained

    Failed UPI payments, unsuccessful ATM withdrawals and other payment errors can qualify for ₹100 per day in compensation if refunds exceed RBI's prescribed deadlines. Know the T+1 and T+5 rules, how turnaround time is calculated and what to do if your refund is delayed.

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