It is vital to update nominee details after major life changes to align your previous choice with your current wishes and also prevent complications for legal heirs later if they want to claim the assets. Here's when you should consider updating it.
Gift from parents to married daughter: Is it tax-free? Know tax on interest, rent and capital gains
A gift from parents to a married daughter is generally tax-free under the Income-tax Act, 2025. However, interest, rent, dividends and capital gains earned from gifted money, property or investments may be taxable separately.
Tale of two crypto routs, and why no one saw them coming
A president's crypto fortune and a broken wallet expose what the small saver is not able to see.
Bank holidays this week: Banks across India will be open for 4 to 5 days this week but digital banking services are available 24/7 for customers irrespective of bank holidays. Check dates on bank holidays as per RBI calendar.
From managing utility bills, recurring subscriptions and financial services, Gen Z's financial habits show they are a generation that has grown up with digital payments at its core. Here's a look at what they spend their salaries on
Teen boy among 6 dead in Michigan shootings
Petrol vehicles move to slow lane in India
Mumbai: Petrol is losing its grip on India's car market, with sales coming under pressure in some of the country's biggest automobile markets as buyers increasingly look beyond conventional fuel.Across Maharashtra, Haryana, Delhi, Rajasthan and Uttar Pradesh, petrol cars are losing ground even as CNG, hybrids and electric vehicles gain momentum, while diesel is seeing renewed interest in some markets. Adding to the shift is growing consumer anxiety over E20 petrol. Industry executives said concerns about mileage, compatibility and long-term ownership are increasingly featuring in purchase decisions.But carmakers caution that E20 alone cannot explain the pressure on petrol. The bigger shift, they said, is that consumers now have more alternatives, with the economics and availability of these powertrains making them increasingly credible choices.The shift is therefore not simply from petrol to electric vehicles. CNG is attracting buyers seeking lower running costs, while hybrids offer a middle ground for those looking for better fuel efficiency without depending on charging infrastructure. EVs are gaining traction as charging networks expand, while diesel continues to find buyers in markets and segments where range, highway driving and fuel efficiency remain important.133267135For the auto industry, this marks a fundamental change in how consumers choose cars.Towards Alternate-fuel VehiclesThe old petrol-versus-diesel equation is giving way to a market where multiple powertrains compete for the same customer.The scale of the shift is becoming harder to ignore. Federation of Automobile Dealers Association vice-president Sai Giridhar said consumer hesitation around the E20 transition had nudged some buyers towards CNG, hybrids and EVs. In July, the combined share of CNG, hybrid and electric passenger vehicles reached 40.59%, just 1.09 percentage points behind petrol at 41.68%. A year earlier, the gap was 13.21 percentage points.That narrowing gap is significant because the challenge to petrol is no longer coming from a single technology. CNG commands a sizeable share, while hybrids are attracting buyers seeking better fuel efficiency without giving up the convenience of an internal-combustion engine. EVs, too, are steadily gaining ground. We do not see this as a long-term effect, as petrol sales have been seeing a slowdown of late and the direction has been towards alternate-fuel vehicles, said a senior executive at a leading carmaker.Carmakers are responding by keeping their options open rather than betting on a single technology. Maruti Suzuki is seeing strong traction in CNG while expanding into EVs and exploring other technologies. Hyundai is increasing its focus on CNG alongside EVs, petrol and diesel, while Tata Motors and Mahindra continue to build portfolios spanning electric and internal-combustion vehicles.Other manufacturers are similarly maintaining a mix of powertrains as they wait to see how consumer preferences evolve. For petrol, the implications are clear. E20 anxiety may be accelerating the shift, but the underlying change is broader.
Napoleon Bonapartes quote, Those who plans forever builds nothing. At some point the idea has to become the action. The dream has to become the decision, highlights the importance of moving beyond endless planning and taking action. The quote also explores Napoleons own extraordinary rise from a young Corsican officer to Emperor of France, while also examining how his ambition, military victories, reforms and eventual downfall shaped his complicated legacy.
In a viral post on LinkedIn, British business tycoon Richard Branson wrote about the need for humility, patience and team-building when it comes to leadership. He spoke extensively on how he once believed that a leader needed to have all the answers and what made him let go of that belief.
Bhubaneswar-Kolkata IndiGo flight on Aug 13 cancelled after pilot detects technical snag
An IndiGo flight from Bhubaneswar to Kolkata was cancelled on August 13. The pilot detected a technical issue while passengers were boarding the aircraft. All 56 passengers were safely escorted back to the arrival area. The cancellation caused some passenger agitation which was quickly managed by airport personnel. Airlines continue to prioritize technical checks before any flight departure.
Real estate bizman secures five passports using fake identities, arrested
A couple recently shared their incredible weight loss journey through a viral post on Instagram. The man also shared how he lost two kgs in just 15 days with a regimen that combined intermittent fasting and 90 minutes of cardio.
She is more than 70, but her levels of fitness will give you envy! A video of Sushilji Bohra, the viral Yoga Nani has been doing rounds on social media.
Government weighs PNG drive 3.0 to speed up adoption; launch likely in September
The government is set to launch the PNG Drive 3.0 initiative, designed to expedite gas connections for households and industries alike. Previous drives resulted in heightened PNG adoption due to worries surrounding LPG supply. Officials are currently frustrated with their progress and goals. The ministry is determined to enhance PNG consumption in cities that already have relevant infrastructure.
Prime Minister Expresses Regret Over Gas and Power Crisis
Prime Minister Tarique Rahman has expressed regret to the people of the country for the public suffering caused by the ongoing gas and electricity crisis. Calling on everyone to remain patient, he said the problems with electricity and gas would be resolved within the next few days. He made the remarks on Saturday at a cheque-distribution and prayer event at the Mohakhali T&T Field. The prime minister distributed financial assistance and cheques among underprivileged people on the occasion of the birth anniversary of former prime minister and BNP Chairperson Begum Khaleda Zia. The prime minister said, I sincerely regret the suffering people are experiencing because of the electricity crisis. By the grace of Allah, I hope the gas crisis will ease considerably within the next few days. People in different parts of the country are suffering from power shortages. The government is aware of the situation, he said. He said the government was working to resolve the gas crisis. Technical problems had been reduced, and the country would soon be relieved of the electricity crisis. He said that alongside addressing the immediate crisis, the government was also taking necessary steps to eliminate the long-standing structural weaknesses in the energy sector. [] The post Prime Minister Expresses Regret Over Gas and Power Crisis appeared first on Energy Bangla .
A 36-hour fast can push the body to rely more on stored fat and increase ketone production, but research suggests that longer fasting is not automatically better for weight loss. Heres what studies found about the metabolic changes, possible benefits and risks of prolonged intermittent fasting, and what experts say about choosing a safer and more sustainable approach.
Government rolls out foreign asset disclosure scheme for small taxpayers
Taxpayers will pay a 30% tax on the value of the declared undisclosed foreign asset or income, plus an additional amount equal to the tax, effectively taking the levy to 60%
Iran, Oman near Hormuz deal as ship attacks mount
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims rise
Inflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and signaling a slowdown. Existing home sales declined due to record prices and high mortgage rates. Wholesale inflation also fell, offering some relief for future consumer prices. Jobless claims rose slightly but the labor market remains stable.
Emraan Hashmi is back as Shivam Pandit in Awarapan 2, the sequel to the 2007 cult favourite that has brought the actor back to one of his most remembered roles. The film, which also stars Disha Patani and Shabana Azmi, has now reached theatres and continues the story of Shivam as he finds himself caught between crime, love, sacrifice and redemption.
PM Modi, Ram Nath Kovind attend President Murmu's Independence Day 'at home' reception
President Droupadi Murmu hosted the Independence Day reception at Rashtrapati Bhavan. Vice President and Prime Minister Modi were among the distinguished guests present. The event began with patriotic renditions and honored national heroes. India celebrated its Independence Day after gaining freedom from British rule. The day also marked a historic first rendition of Vande Mataram at Red Fort.
Watch! PM Modi, ministers and diplomats attend President Murmu's 'At Home' reception | 80th I-day
Suits & Sayings: Hairy Business
ETs roundup of the wackiest whispers in corporate corridors
EPFO: Want to become an EPF subscriber? Here are the conditions for membership and top FAQs answered
The Employees' Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Today, we take a look at how membership conditions and related frequently asked questions
'I sincerely regret': BCI chief apologises
Bar Council of India chairman and Supreme Court senior advocate Manan Kumar Mishra apologised on Saturday to law students who may have been hurt by his recent remarks or correspondence, saying an expression of regret should not be seen as a matter of prestige or ego.If anything connected with the present controversy, any of my words, or letter, has hurt the feelings of our law students, I sincerely regret and apologise for the same, Mishra said in an Independence Day message.He stressed that students' concerns should be heard with patience, sensitivity and respect, adding that there should be no hesitation in apologising when someone's feelings have been hurt.The apology comes after the BCI faced criticism over its decision to initially block the enrolment of NALSAR University's 2026 graduating batch with State Bar Councils following a student campaign over Chief Justice of India Surya Kant's proposed participation in the university's convocation.The council later withdrew the restriction, saying students should not be made to suffer without fault.Mishra placed particular emphasis on the independence of law students, especially those studying at National Law Universities and other leading institutions.— ANI (@ANI) He described them as informed young citizens who are trained to understand the Constitution, the rule of law, fairness and the importance of hearing competing viewpoints before reaching conclusions.They do not require anyone to decide for them, he said, Nor should they be subjected to pressure or influence from any quarter.According to Mishra, the choices made by students at leading law universities can have an impact well beyond individual campuses because they are closely watched across the country's legal education system.He noted that today's students will go on to become advocates, senior advocates, academics, scholars and judges, with some potentially rising to the highest positions in India's legal and judicial institutions.Mishra backs peaceful protest The BCI chairman also defended the place of disagreement and protest within a constitutional democracy. Peaceful disagreement, questioning and protest are important features of a constitutional democracy. Students must always remain free to express their views.He said students must remain free to question decisions, express their grievances and peacefully protest. At the same time, he urged them to remain open to new information and reconsider their position if additional facts or clarifications emerge.Mishra argued that expressing a genuine grievance and subsequently examining a clarification objectively are not contradictory.At the same time, the legal tradition teaches us something equally important, namely that when further facts or clarifications emerge, every issue should be reconsidered objectively and with an open mind, he added.Appeal over convocation participationMishra also addressed the question of students participating in convocation ceremonies, describing the event as a significant milestone for graduates and their families after years of academic work.He said the decision to attend or stay away must rest entirely with individual students.No student should be compelled to attend, and no student should feel compelled to abstain, he said, urging students to consider the complete picture before making a decision.He added that a convocation is an occasion that cannot easily be recreated, making the choice particularly significant for graduating students and their families.Call for dialogue instead of escalationMishra said the relationship between the judiciary, the Bar, universities and law students extends far beyond the current dispute.While disagreements and strong opinions are inevitable, he said they should eventually be addressed through dialogue, clarification and mutual respect.The BCI chairman further cautioned against allowing the controversy to take on a political or unrelated dimension because of outside influence.He urged institutions to respect students' independence of thought and give them the space to assess the facts, consider any explanations offered and reach their own conclusions.
Elvis Presley To James Cameron, 7 Celebrities Who Drove Trucks For A Living Before Fame Came Calling
Elvis Presley To James Cameron, 7 Celebrities Who Drove Trucks For A Living Before Fame Came Calling
A 25-year-old Gen Z professional reportedly turned down a 1 crore job offer because he did not want to compromise on his mental peace and work environment. The decision has sparked a debate online about how younger workers are redefining career success, while psychology suggests that behaviours such as questioning conventional choices and prioritising long-term goals can often be misunderstood by society.
A process of trial and error and self-learning led this investor from 5 lakh portfolio to 1.30 crore over a seven-year period, he shared online. Here's how the investment journey went
Tier-2, Tier-3 cities drive 53% of forex demand
Tata AIA rejected a 1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues.
8th pay commission: Full recommendations to come in May 2027? Here's how the timeline works
8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline works
Gold posts 0.86 pc weekly gain amid expectations US Fed may hold rates
Gold prices rose 0.86 per cent weekly as weaker-than-expected US economic data strengthened expectations that the US Federal Reserve may keep interest rates unchanged. MCX gold futures gained 0.73 per cent on Friday to Rs 1,54,590, while silver rose 0.15 per cent to Rs 2,36,272 per kg.
Indian textile makers face margin pressure from higher wages and raw material costs
Higher labour costs and rising cotton, yarn and petrochemical prices are forcing textile makers to absorb inflation and rethink expansion plans
After her husband died during a measles epidemic in 1900, Sinrock Mary was left fighting to keep their herd of 500 reindeer. She challenged attempts to take control of the animals, turned the herd into a successful meat business during the Nome Gold Rush and eventually became known as Alaskas Reindeer Queen.
She tolerated her grumpiest customers myriad demands and relentless cursing, with grace and a smile, for seven years. He was so infamous for his rudeness at a Texas eatery that she was the only person to serve him. Yet after her least favourite customers death, a sweet surprise awaited Melina Salazar.
Prashant Kishor has nearly 8 crore in FDs: How much tax could he pay on this massive corpus?
Prashant Kishor's financial portfolio largely consists of fixed deposits totaling 7.36 crore with HDFC Bank, compared to only 63 lakh in equities. His election affidavit shows total assets of nearly 198 crore, including movable and immovable properties.
India's engineering services exports have experienced impressive growth, climbing to USD 13.77 billion in 2024-25, showcasing a dramatic increase since 2014-15. Meanwhile, imports of engineering services have remained fairly consistent. A report by NITI Aayog emphasizes the vital role this sector plays in employment and suggests the creation of a centralized statutory framework for engineers to enhance industry standards.
100% US Tariff threat on India: 'Govt should keep trade negotiations going as long as possible'
Researchers developed a new molecule for recovering gold from electronic waste. This molecule uses electricity to drive the separation process, removing chemical steps. It selectively binds metal ions and carries a permanent electrical charge. This innovation significantly reduces chemical consumption and waste generation.
The BJP praised PM Modis Independence Day address as a comprehensive roadmap for Viksit Bharat 2047, focusing on self-reliance, youth empowerment, technology, defence, manufacturing and energy security. Senior leaders highlighted his Saptadhara vision, AI training for youth, expansion of nuclear power and semiconductors, and the governments efforts to combat drugs and Naxalism.
Quote of the Day by Antonio Banderas: Antonio Banderass quote, One thing I have clear is that I dont want to work for money anymore, explores the importance of finding purpose and fulfillment beyond financial success. The quote suggests that work should not be driven solely by money, but should also bring meaning, passion, personal satisfaction, and a sense of purpose into a persons life.
Red Sea crisis enters 1,000th day as shipping detour continues to squeeze trade
MSME exporters have borne the brunt, particularly those dealing in low-margin products such as textiles, garments, engineering goods, chemicals, leather, carpets, rice, spices, grapes and marine products
Iran appeals to ICRC over pilots it says Qatar is holding
Iran's Armed Forces General Staff appealed to the Red Cross for pilot release. They claim three Iranian pilots are being held by Qatar authorities. These pilots were reportedly held after their aircraft were hit during a mission. The mission targeted what Iran described as an enemy military base. Qatari authorities have not yet confirmed the incident or the pilots' detention.
Key demands by the BMS include hike in variable DA, a minimum monthly wage of 30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes.
Some habits can make a person appear distant, rude or difficult to others, but psychology suggests that appearances do not always tell the full story. Certain behaviours commonly associated with highly intelligent people may be misunderstood because they reflect the way some minds respond to their surroundings, conversations and everyday situations. These habits can sometimes create social friction, even when there is no intention to offend or ignore others.
UCIL eyes bigger uranium output to fuel Indias 100 GW nuclear push
UCIL aims to lead nuclear fuel supply for India's energy program. The company is enhancing mining and processing capacities for this goal. New mining activities are planned in other parts of the country. UCIL will utilize tailing ponds and expand its Tummalapalle plant. Environmental clearances are being sought for the Rohil project in Rajasthan.
How Venezuela and Colombia faced disaster
Indias chemicals industry targets up to $81 billion in exports by 2030: NITI Aayog
Rising domestic demand and expanding global opportunities are prompting India to strengthen manufacturing, technology and infrastructure across the chemicals value chain
India's coal imports turn steel-centric as metallurgical coal demand rises
India imported around 244.2 million tonne of non-coking and metallurgical coal in FY2025-26, broadly unchanged from about 245.3 million tonne in the previous financial year
There are two kinds of powers one is obvious being born wealthy or accumulating a lot of wealth. Another is having little to no possessions but having the guts to stay true to your values and going after what you want.
Join hands to transform Karnataka into $3 trillion economy by 2047, says CM Shivakumar on I-Day
Karnataka Chief Minister D.K. Shivakumar, addressing the state's 80th Independence Day celebrations in Bengaluru, called on Kannadigas to join hands with his government to transform Karnataka into a $3 trillion economy by 2047
Enterprise AI transformation: Why executive education is becoming essential for business leaders
As enterprises accelerate AI adoption, the real challenge is preparing leaders to make informed decisions on investment, implementation and business impact. IIM Bangalore x The Economic Times AI Business Transformation Masterclass & ET Most Innovative AI Product Awards 2026 brings executive learning and enterprise experience together to address this need.
From Mattresses To Mirrors: 7 Bedroom Cleaning Uses for Vinegar
From Mattresses To Mirrors: 7 Bedroom Cleaning Uses for Vinegar
GAILs LNG portfolio bolsters Indias energy resilience amid global uncertainty: CMD
GAIL's Chairman Deepak Gupta highlighted the company's role in nation-building. The state-owned firm is reinforcing India's energy resilience through its LNG portfolio. This diversification occurs amid changing global dynamics and geopolitical challenges. Gupta emphasized energy's foundational role in supporting national economic growth. Reliable energy availability is crucial for India's development journey.
PM Modi urges youth to dream big, highlights 1 lakh crore Innovation Fund
India is seeking to deepen its innovation ecosystem by expanding access to funding, technology and opportunities for a new generation of entrepreneurs
Stop using AI: Nithin Kamath to founders
In 2011, actor Manish Dayal was on a mission to boost awareness regarding bone-marrow donation among South Asians. His journey into this cause began after a television role triggered his passion for advocacy. In addition to this, he is passionately involved in enhancing rural education in India. Read on to know more about the actor.
Kisan Vikas Patra at 7.5%: How long will your money take to double in 2026?
Kisan Vikas Patra offers a 7.5% annual interest rate in July-September 2026, with investments doubling in 115 months. Here is how KVP works, its maturity period, investment limits and key points savers should know before investing.
The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until December 2026. A 60% payment on the declared value ensures immunity from penalties.
What is the latest mining amendment Act about |Explained
The opposition to the proposed act primarily centres on a potential subversion to the federal structure of how revenue from mining resources is taxed, especially in resource-rich and States which particularly depend on taxing the resources for revenue.
Delhi Lakshmi Yojana: Here's how to check status of your application online Stepwise guide
Registration for the Delhi Lakshmi Yojana will continue till the target of 17 lakh women is met, CM Rekha Gupta said. Here's how eligible women can track the status of their application after applying for the financial assistance scheme
Have multiple jobs at the same time? Heres how your PF membership is regulated under EPFO rules
Employees with multiple jobs may receive separate EPF benefits from each employer, and EPFO provides guidelines for overlapping employment. Details here.
Credit card statement date vs payment due date: What is the difference, and why does it matter
Check out the difference between a credit card statement date and payment due date. Having a clear understanding of the same can help cardholders plan repayments, avoid late fees and interest, manage cash flow and maintain healthier credit habits.
India Inc hails PM's growth vision, backs self-reliance push
Industry shares the prime minister's resolve to build on this momentum and is ready to match it with sustained investment in areas of strategic importance, Chandrajit Banerjee stated
Karnataka targets one lakh new jobs, AI hubs, and a $3 trillion economy by 2047
State launches the Chief Minister Udyoga Sankalpa and Udyoga Nidhi schemes, aimed at improving employment opportunities and encouraging job creation
RBI proposes 3-month MCLR reset for loans: What could change for borrowers and their monthly EMIs
RBI has proposed a new MCLR formula using a three-month moving average of banks marginal funding costs. The draft also proposes a three-month reset period for MCLR-linked loans and aims to make loan pricing more transparent.
Fred Rogers, better known as Mister Rogers, believed endings could create space for new beginnings. His message encouraged people to accept sadness while remaining open to what comes next. He viewed life as a mixture of delight, sadness, joy and wisdom rather than constant happiness. Rogers perspective remains relevant today, reminding people that losing a job, relationship or familiar chapter can also make room for new possibilities and experiences.
Modi's Independence Day Call For Tech Leadership
Prime Minister Narendra Modi, in his Independence Day address, highlighted technology and innovation as central to India's goal of becoming a developed nation by 2047. He called for India to lead in emerging technologies like AI, quantum computing, and space, announcing a massive AI skilling initiative for one crore youth. Modi stressed the importance of becoming a global innovation hub, bolstering energy security with nuclear power, and strengthening cybersecurity.
Charlie Chaplin's insightful quote talks about the importance of courage, creativity, and financial security for a meaningful existence. It suggests that while fear can obstruct progress, confronting it can unveil fresh opportunities. Moreover, imagination allows one to visualise possibilities that extend beyond current hardships, while financial stability serves as the foundation for pursuing aspirations.
PM Modi highlights aviation growth, MRO jobs in Independence Day speech
Prime Minister Narendra Modi highlighted India's rapidly advancing aviation sector. This growth creates significant employment for skilled workers in maintenance and overhauling. The nation is also achieving success in manufacturing Made-in-India aircraft. The SVAMITVA Scheme has benefited millions of families by unlocking property assets. These developments unlock financial opportunities for citizens to start new businesses.
Why life insurance should be part of your financial freedom plan, not an afterthought
Financial freedom requires more than wealth creation. Learn how life insurance, emergency savings and disciplined SIP investing can protect family finances, support long-term goals and build a stronger financial plan against unexpected life events.
True enjoyment in love is hampered by excessive caution, according to Bertrand Russell. Although there are emotional hazards, such as heartbreak, total self-defence results in loneliness and lost relationships.
5 lakh investment plan: How to allocate your money wisely by age, risk and financial goals
Learn how to invest 5 lakh wisely at different ages with a practical asset allocation strategy covering equity, mutual funds, fixed deposits, gold and liquidity, while balancing risk, financial goals, family responsibilities and long-term wealth creation.
Saptadhara: Manufacturing to soft power, PM Modi unveils 7-stream blueprint for Viksit Bharat
Need one or two Indian pharma firms to be among global top 5: PM Modi
Prime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volume and eleventh by value. This sector is projected to reach 130 billion dollars by the year 2030. Exports have grown significantly, reaching 30.5 billion dollars in 2024-25. Sun Pharmaceutical Industries is poised to become a leading global player after an acquisition.
DA Hike 2026 explained: Know how Dearness Allowance is calculated using CPI-IW data, when the July revision takes effect, and how retrospective payments and arrears work. Having a conceptual understanding of these aspects can help in better financial planning.
After eight years in the US Marine Corps, including an Iraq deployment, Travis Appel found a new calling in farming after studying at the University of Arkansas. An internship at a personal farm sparked his passion for growing crops. He began with strawberries and pumpkins before expanding into tomatoes, peppers, squash, okra, watermelon and cantaloupe. Speaking to USDA NRCS Arkansas, Appel also highlighted farming opportunities for veterans returning from overseas.
India's men's and women's hockey teams commence their World Cup journeys on August 15 and 16. Both squads compete in Pool D, facing strong international opposition in their opening matches. Captain Harmanpreet Singh leads the men's team, aiming for a historic World Cup victory. The women's team, under Salima Tete, also seeks a strong performance in the tournament. Live streaming and television coverage will be available for fans across India.
A Telangana consumer commission has upheld a 1 crore life insurance death claim after Tata AIA rejected it over alleged non-disclosure of an earlier policy proposal postponed on medical grounds.
Taxpayers with unreported foreign assets can file declarations till December 31, 2026 through a one-time disclosure window. The voluntary scheme targets small investors. Here's all you need to know about the scheme.
NCLAT upholds insolvency proceedings against Nyka Steel guarantor over UCO Bank dues
The NCLAT upheld an NCLT order initiating insolvency proceedings against a personal guarantor. This decision involved Asif Ahmed Siddique, a guarantor for Nyka Steel. The tribunal found the guarantor's liability extended beyond the initial capped amount. It also noted the guarantor signed the credit facility renewal in 2018.
Nearly 200 cr net worth, but a little equity: How Bankipur MLA Prashant Kishore invests his wealth
His financial portfolio includes investments like fixed deposits, mutual funds, and bonds, He also possesses a dismantled rice mill and his wife has gold weighing 475 grams and silver weighing 200 grams.
No emergency fund? CA explains why your first Rs 1 lakh can be more valuable than higher returns
CA Nitin Kaushik says the first Rs 1 lakh in an emergency fund can offer more financial security than chasing higher returns. He warns that without savings, income loss can lead to debt and forced investment sales. Kaushik recommends automated savings, separate accounts and gradually building a three-to-six-month buffer. He also urges people to diversify income through additional skills or modest income streams.
Maharashtra's food safety chief has taken action by suspending 12 warehouses' permits for grocery giants including Eternal, Swiggy, and Zepto. Recent inspections exposed disturbing health violations such as cockroach infestations and spoiled produce. Moreover, inspectors uncovered rodent waste and unhygienic storage practices, while delivery personnel wearing street shoes increased contamination risks. This crackdown emphasizes the need for stronger food safety measures in the grocery sector.
'India was, is and will be one of fastest-growing economies': SBI Research
India remains one of the world's fastest-growing economies, demonstrating significant resilience. Strong credit and deposit growth indicate a robust financial sector performance. Foreign currency inflows are bolstering the nation's economic standing. Improved monsoon outlook and better irrigation support the rural economic outlook. The number of high-income taxpayers continues to show a notable increase.
ICF diversifies into freight trainsets, targets new milestones
The Freight EMU has generated keen interest among stakeholders and is expected to bring a significant change in freight transportation, particularly for the movement of white goods
Inside Bollywood's pap economy: Who calls them, how they earn and what celebs hide
Inside Bollywoods pap economy Who calls them how they earn and what celebs hide
CM Vijay says that the State government was cooperating with the Centre on administrative matters, while making it clear that Tamil Nadu would oppose policies that were against the rights of the State
Assam to invest 1.5 lakh crore in infrastructure in 5 years: Himanta
The chief minister says that the states economy has tripled in a decade and the state is now known from chai to chip of semiconductors, referring to the upcoming Tata facility in the state

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