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Bankers told the RBI that the slow pace was not unusual, and that FCNR deposits typically take time to gather momentum. So far, Indian banks have gathered FCNR deposits of around $7 billion through the scheme.

Foreign insurers are reassessing long-standing joint ventures, reviving expansion plans and, in some cases, seeking greater control over their Indian operations.

EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.

ICICI Prudential Life Insurance and Standard Chartered operate one of the most successful pan-regional bancassurance partnerships across 11 markets in Asia and Africa.

RBI wants banks and non-banks to enhance risk management, ensure compliance with regulations, and manage data effectively. 

Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 

Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.

The approvals cover the establishment of greenfield shipbuilding cluster on the western coast and financial assistance for the development of one of the country's largest ship repair facilities.

HDFC Bank announced the RBI's approval of Rajiv Kumar as part-time chairman for three years, starting July 15, 2026. Kumar, a former Chief Election Commissioner, played a vital role in banking reforms and ensuring accountability in financial practices during his previous tenure.

Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 

EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.

Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding 50,000 are taxable. 

A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.

Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.

Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.

FY25 marked the fintech sector's first year of profit, with aggregate PAT projected to rise to 43,000 crore by FY30 from 2,300 crore currently, Jefferies said.

Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.

NPS PRIDE-Disha lets subscribers compare pension funds using XIRR based on regular contributions instead of only point-to-point returns. The platform uses historical NAV data since 2008 to help investors make more informed fund selection and switching decisions.

The ITR due date is near and taxpayers are urged to gather important documents, including interest certificates, to ensure accurate reporting of income. Here is a step-by-step guide to download interest certificate from SBI, HDFC Bank, ICICI Bank, PNB and India Post.

The industry had only recently begun to get some relief from rising input costs. Cotton prices had surged earlier this year on concerns that an El Nio-led impact would reduce domestic production. Prices later eased after the Centre removed the import duty on extra-long staple cotton.

EPFO has introduced automatic PF transfers for eligible members. However, the facility works only if certain conditions are met.

Lower duties could expand premium whisky consumption and cut input costs for Indian blenders, but cheaper imported malt may complicate investments in India's young single malt industry.

The Sensex has fallen 9.37% so far in 2026, reviving concerns over whether investors should wait for markets to recover. Four decades of historical data offer insight into how Indian equities have behaved during major corrections.

After analysing the list of large-cap funds, no fund was found to have touched a Sharpe ratio of 1. Among the large-cap funds, WhiteOak Capital Large Cap Fund recorded the highest Sharpe ratio at 0.64. 

A developing El Nio and erratic monsoon rainfall are reviving questions over PMFBY enrolment, state participation and a reform cycle now pushed to next year.

The proposed code seeks to establish a uniform engineering framework for designing breakwaters while reducing India's dependence on foreign engineering manuals.

The Madras High Court has ruled that GST officers need not conclusively establish fraud before issuing a notice under Section 74 of the CGST Act. The judgment clarifies the legal threshold for invoking fraud proceedings under the GST law.

A June 2026 report by Planera found that replacing workers in professions such as nursing, construction and home care with AI and robots would cost employers several times as much as paying wages to human workers.

While AI reduces production costs significantly, challenges like writing talent and emotional authenticity remain critical in developing engaging narratives.

A Delhi ITAT ruling has clarified that the Income Tax Department cannot make tax additions solely on the basis of a loose sheet recovered during a search on another person. The department must back such claims with independent evidence proving the alleged transaction actually took place.

Corporate frauds continue to emerge despite tighter disclosure norms. The real challenge is not the quantity of information, but whether it reflects economic reality and is effectively verified.

RBI's new governance framework cuts routine board approvals and sharpens oversight of bank strategy, financial soundness and risk management from 1 October.

Crypto investors should avoid common ITR filing mistakes such as assuming the 1% TDS is the final tax, skipping transaction reporting, using the wrong ITR schedule, incorrectly calculating gains and failing to reconcile TDS with Form 26AS and AIS. 

EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF damages disputes at concessional rates. Check who can apply, lower penalty rates, eligibility conditions and the six-month deadline.

Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.

Several US-based NRIs who had invested in FCNR (B) deposits in 2013 allegedly failed to disclose the interest income to US tax authorities, leading to penalties and compliance headaches later. Given these concerns, Indian banks are not likely to see substantial dollar inflows from the US.

The DCGI has warned pharma associations of strict action against the practice of extending a primary brand name to treat a completely different illness.

Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.

RBI will meet bank executive directors on Wednesday to push faster FCNR(B) deposit mobilisation, days after the government and central bank separately pressed bank chiefs on the same. 

EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.

The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.

In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.

JPMorgan Chase reported its highest quarterly profit, driven by a surge in stock trading revenue and a $4.6 billion gain from Visa. 

A Bengaluru resident won a tax dispute over capital gains of 11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.

India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.

Aera seeks to adjust how airports charge for building infrastructure, proposing that costs be recouped only after project completion. 

With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.

As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.

While consumers see little difference between 4G and 5G that justifies paying for premium services, enterprise use cases have also been slower to take off than the industry expected.

The government has received revised financial bids from Fairfax Financial Holdings and Emirates NBD for IDBI Bank's strategic sale. A decision on the bidders will be made soon, following a hold on the process due to bids being below the reserve price.