facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

Digital News Sources

Investment

...

Retired but havent withdrawn your EPF yet? Heres when the corpus stops earning interest

EPF accounts stop earning interest after a specific period post-retirement, even if funds aren't withdrawn. Details here. 

Livemint 9 Aug 2026 9:13 am

8th Pay Commission: Central govt teachers seek OPS, 65-year retirement age and more leave benefits

Central government teachers have sought major changes from the 8th Pay Commission, including restoration of the Old Pension Scheme and a higher retirement age. Their demands also include more leave, higher promotion quotas, better grade pay and expanded healthcare benefits.

Livemint 9 Aug 2026 8:56 am

SEBIs Project Sudarsan flags 20,000 fraudulent posts as 62% of investors are influenced by finfluencers

SEBIs AI-powered Project Sudarsan has identified more than 20,000 fraudulent social media posts since its launch in November 2025. The platform scans videos, images, messages and advertisements for misleading claims as 62% of investors say finfluencers influence their investment decisions.

Livemint 9 Aug 2026 8:28 am

Bank holidays this week: SBI, HDFC, ICICI, PNB to remain closed for upto 2 days Check RBI calendar here

Bank holidays this week: Public and private banks across India are closed on 9 August due to Sunday off. Banks observe weekly closures on Sundays and designated Saturdays, but customers can carry out essential transactions via digital banking channels on these days.

Livemint 9 Aug 2026 8:22 am

Mumbai family accepted flat possession after a 2-year delay, lost their RERA compensation claim; know what went wrong

After purchasing a Mumbai apartment, a family received possession after a delay of more than two years. They filed a complaint with MahaRERA seeking compensation in form of interest but lost the case. Here's what happened. 

Livemint 9 Aug 2026 7:24 am

Data centre boom to drive housing demand, create over 4.33 lakh ecosystem jobs by 2030, finds report

New research by Square Yards has found that digital infrastructure is emerging as the next major catalyst for residential real estate growth and will reshape urban corridors beyond traditional IT hubs. 

Livemint 9 Aug 2026 7:15 am

UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifies

The finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while consumers and most merchants will face no charges. The move aims to support UPIs long-term sustainability, security and infrastructure.

The Economic Times 9 Aug 2026 5:30 am

Kitna deti hai? is no longer enough as Indian car buyers start doing the maths beyond mileage and EMI

Indian car buyers are increasingly looking beyond purchase price and mileage to assess total ownership costs, including fuel or electricity, maintenance, insurance, financing and resale value. The shift is gaining pace as petrol, CNG, hybrid and electric vehicles compete for buyers.

The Economic Times 9 Aug 2026 5:30 am

Milk prices in Maharashtra to rise by Rs 2; check reason and date of rate hike

Cow and buffalo milk prices in Maharashtra will rise by two rupees per litre. This price adjustment is effective from Tuesday, August eleventh. Major cooperative and private dairies approved the increase after a welfare association meeting. Rising diesel prices and packaging expenses contributed to the decision. Dairy product prices will also see an increase of up to ten percent.

The Economic Times 9 Aug 2026 12:33 am

PhonePe, Razorpay back selective UPI charges for large merchants

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a sustainable business model that echoes the position of the Payments Council of India (PCI). The industry association has sought to separate free everyday payments from charges on select merchant transactions to ensure commercial viability of the service.

The Economic Times 8 Aug 2026 11:51 pm

Orunodoi 3.0: Check who benefits from social security scheme in Assam, financial assistance amount, key features & more

Orunodoi 3.0 will provide monthly financial assistance to more than 37 lakh women in Assam from August. The social security scheme aims to empower families and promote financial inclusion among beneficiaries. 

Livemint 8 Aug 2026 10:38 pm

Mining project near India's first marine sanctuary, national park in Gujarat gets nod

A bauxite and marl mining initiative has secured essential clearance close to Gujarat's important marine conservation zones. Nestled several kilometers away from the country's inaugural marine wildlife sanctuary, the project is situated near diverse coral reefs and vital ecosystems. The expert appraisal committee recommended approval, contingent on strict environmental guidelines. The developers are required to implement wildlife conservation strategies and reduce potential animal conflicts to protect the regions biodiversity.

The Economic Times 8 Aug 2026 10:16 pm

Cyril Shroff and IIM Ahmedabad co-found the Cyril Shroff IIMA GC Leadership Academy

IIM Ahmedabad and Cyril Shroff have partnered to establish the Cyril ShroffIIMA GC Leadership Academy. The initiative will offer research and executive education to prepare General Counsels for wider leadership roles spanning strategy, governance, technology, finance and risk.

The Economic Times 8 Aug 2026 9:50 pm

PVR INOX bets on smaller multiplexes as single-screens decline

PVR INOX plans to add one thousand screens over five years. The company is focusing on smaller cities and affordable multiplex formats. This expansion utilizes asset-light models with developer funding for projects. Single-screen cinemas are declining, creating opportunities for multiplex growth. PVR INOX aims to reach underserved markets with wider audience choices.

The Economic Times 8 Aug 2026 9:12 pm

Elon Musk's X replaces Revenue Sharing Programme with Original Content Rewards: Here's how you can make money

Elon Musk's X is replacing its Creator Revenue Sharing with the Original Content Rewards Programme, focusing on original posts. 

Livemint 8 Aug 2026 8:55 pm

EPFO: Employee Pension Scheme benefits, EPS payout calculation, rules, features and key FAQs, explained

The EPFO offers pension benefits to employees with over 10 years of service in the EPF scheme, following the EPS 1995 guidelines. Members can withdraw their PF amount at retirement and opt for various pension schemes depending on their circumstances.

Livemint 8 Aug 2026 8:27 pm

West Bengal 7th Pay Commission: Pay parity with Centre, 5% increment, pension benefits | Key demands explained

West Bengal's 7th Pay Commission will consider demands for pay parity with Central government salaries and for increasing annual increments from 3% to 5% to address existing anomalies and economic realities.

Livemint 8 Aug 2026 8:22 pm

Is your agent pushing you for health insurance portability? Read this first; it may be too good to be true

Health insurance portability allows switching insurers without losing benefits like waiting periods and no-claim bonuses. However, issues arise from agents misusing this process for profit.

Livemint 8 Aug 2026 8:19 pm

UPI MDR: Who will pay, who wont, and what the new rules mean | Government clarifies

The government confirmed UPI will remain free for consumers and small merchants, with potential MDR charges applicable only to select transactions above a threshold. 

Livemint 8 Aug 2026 7:46 pm

FSSAI suspends licences of VKC Nuts, Chheda Specialities over violations

FSSAI suspended licenses for VKC Nuts and Chheda Specialities Foods due to serious food safety issues. Live insects and mould were found at VKC Nuts, alongside rodent damage and poor machinery conditions. Chheda Specialities Foods had food handlers working with bare hands and extensive fungal growth near storage tanks. Previous samples from Chheda Specialities Foods were declared unsafe or misbranded by the authority.

The Economic Times 8 Aug 2026 7:45 pm

8 things to know if you are an NRI buying or selling property in India: FEMA rules, power of attorney and more

Buying or selling property in India poses challenges for NRIs due to complex regulations and tax rules. A missing PAN card can lead to higher TDS, while compliance errors can result in delays. 

Livemint 8 Aug 2026 7:40 pm

Delhi Lakshmi Yojana registration crosses 5 lakh: How to apply and which documents are needed? A step-by-step guide

The Delhi government launched the Delhi Lakshmi Yojana to provide 2,500 monthly to eligible women. The application began on August 1, 2026, with over five lakh registrations by Saturday afternoon. Women aged 21-60 with an annual income of up to 2.5 lakh can apply.

Livemint 8 Aug 2026 6:39 pm

Federation of Indian Pilots writes to PM Modi, proposes Civil Aviation Authority

Indian pilots propose a new Civil Aviation Authority to enhance regulatory independence. This move addresses international concerns and the aviation sector's rapid expansion. The proposed body would replace the Directorate General of Civil Aviation. It aims for greater financial and administrative autonomy in aviation oversight. This initiative seeks to strengthen India's aviation safety and global standing.

The Economic Times 8 Aug 2026 6:20 pm

Bengaluru: Railway Board accords in-principle approval for BMRCL's CBTC signalling system

The Railway Board has approved CBTC signalling for BMRCL's Pink Line and Blue Line. This approval is a significant step towards opening the Pink Line for passenger services. The same approval also covers the Blue Line extending to Kempegowda International Airport. BMRCL will now proceed with remaining steps for the Pink Line's opening.

The Economic Times 8 Aug 2026 5:46 pm

Annapurna Yojana: When will the 3,000 August instalment be credited? CM Adhikari reveals date

Under the Annapurna Yojana, beneficiaries receive 3,000 monthly. Complaints arose regarding the August instalment delays, causing confusion. 

Livemint 8 Aug 2026 5:44 pm

UPI is and will remain free: PhonePe's Sameer Nigam assures amid growing doubts over MDR Bill

Nigam's comment comes a day after the Payments Council of India clarified that UPI would remain free for consumers. It also noted that small merchants would not be required to pay MDR for accepting UPI payments.

Livemint 8 Aug 2026 5:23 pm

RBI proposes leverage buffer for branches of global systemically important banks

Under the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, along with the leverage ratio buffer applicable to the parent global bank, including any additional buffer prescribed by its home regulator.

The Economic Times 8 Aug 2026 5:14 pm

Birla Estates arm buys FSI from Parinee entities for Rs 159 cr

Birla Estates has successfully acquired almost 90,000 sq ft of FSI for over Rs 159 crore, a strategic move aimed at bolstering their society redevelopment efforts in Khar, Mumbai. This FSI was secured via a Slum Rehabilitation Authority scheme from Kandivali. The development rights will be transferred and applied to a larger property in Khar, enhancing the region's premium living environment.

The Economic Times 8 Aug 2026 5:11 pm

Starting to invest at 25? 4 simple steps to build your financial roadmap

Rony, a 25-year-old first-time earner with low risk tolerance, is overwhelmed by investing. A structured four-step formula can guide him: maintain liquid funds for emergencies, prioritise insurance, allocate investments based on timelines, and track real returns to make informed decisions.

Livemint 8 Aug 2026 5:11 pm

DA news: Punjab committed to pay DA dues, exploring legal options, says FM, even as employees threaten strike on 27 Aug

Punjab Finance Minister Harpal Singh Cheema said the state govt is considering legal options, including appealing to the Supreme Court, after the Punjab HC directed it to clear pending DA within 15 days. 

Livemint 8 Aug 2026 4:59 pm

Unclaimed mutual fund dividends rise 15.7% to Rs 2,689 crore in FY26: Sebi

Unclaimed mutual fund dividends rose 15.7 percent to Rs 2,689 crore in 2025-26. Unclaimed redemption proceeds saw a slight decline of 0.5 percent during the same period. Combined unclaimed amounts in mutual funds reached Rs 3,811 crore by March 31, 2026. SEBI enhanced measures to help investors and nominees access their unclaimed holdings. Initiatives like DigiLocker integration and Niveshak Shivirs aim to reduce unclaimed assets.

The Economic Times 8 Aug 2026 4:58 pm

Indias unsold home inventory is piling up in premium segments: Report

Unsold housing inventory in India increased by four percent by mid-2026. Lower-priced homes saw continued absorption, while premium segments experienced inventory growth. The time to sell existing stock slightly increased due to rising inventory and flat sales. Ahmedabad and the National Capital Region showed the longest inventory clearance times. Pune and Chennai demonstrated stronger absorption rates for residential properties.

The Economic Times 8 Aug 2026 4:32 pm

A $110 million question: How safe are crypto wallets and whats the best way to store bitcoin?

Bitcoin has evolved into a mainstream financial asset but carries significant risks, as highlighted by its sharp price drop. Despite being recognised for tax purposes in India, investor caution persists regarding crypto safety. 

Livemint 8 Aug 2026 4:24 pm

NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI

Non-banking financial companies saw gold-backed lending grow nearly seventy percent year-on-year. This strong expansion continued into June 2026, outpacing overall retail loan growth. Housing and vehicle loans also displayed robust credit growth during this period. The Reserve Bank of India strengthened regulations for gold and silver collateral loans. Credit to industry and services sectors experienced a moderation in growth.

The Economic Times 8 Aug 2026 4:21 pm

8th pay commission latest news: Central government teachers demand Old Pension Scheme, 65-year retirement age, more leave and higher promotion quota

Teachers from the central government have come together to express their demands to the 8th Pay Commission, advocating for equal pay and benefits. Their requests include the reinstatement of the Old Pension Scheme, an increased retirement age, expanded leave entitlements, and enhanced promotion pathways.

The Economic Times 8 Aug 2026 3:35 pm

RBI has proactively helped UCBs; cooperatives should look at regulator differently: Amit Shah

Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proactive assistance to the sector recently. Shah also emphasized the safety of small borrowers for lenders. The National Urban Cooperative Finance and Development Corporation will relocate its head office. This move aims to strengthen the cooperative banking sector across key states.

The Economic Times 8 Aug 2026 3:35 pm

NMDC cuts iron ore prices from August 8

The company's cumulative production during April-July 2026 stood at 19.16 MT, while sales were at 15.15 MT, reflecting sustained operational momentum

The Hindu Businessline 8 Aug 2026 2:59 pm

10 personal finance rules to build wealth, reduce risks and create a financially secure future

Check out the 10 essential personal finance rules every Indian should follow to build wealth, manage taxes, reduce debt, invest through SIPs, and secure financial stability with insurance, emergency savings and disciplined investing for long-term financial success.

Livemint 8 Aug 2026 2:54 pm

India warned Diageo that its whisky's 'matured in American oak casks' claim was misleading

India's food safety regulator has warned Diageo about misleading whisky maturation claims. The FSSAI stated that most of the product was not matured as labeled. This warning follows a ban on some Diageo and Inbrew spirits for artificial flavoring. The regulator is increasing scrutiny of liquor companies for incorrect labeling.

The Economic Times 8 Aug 2026 2:43 pm

Wife sold Rs 25 Pepsi for Rs 26, husband faced criminal case for 13 years; Bombay HC quashes case against him for this reason

For selling 600ml Pepsi at Rs 26 instead of Rs 25 MRP, husband working in wifes shop faced criminal prosecution; Bombay HC quashes case as wife made the sale, while husband had only prepared the bill after the sale. Know how he won case in Bombay High Court

The Economic Times 8 Aug 2026 2:13 pm

Fujiyama commissions 2 GW power electronics manufacturing facility at Ratlam

Fujiyama Power Systems has commissioned a new 2 GW power electronics manufacturing facility. This facility in Ratlam will produce solar inverters and UPS systems. The expansion increases Fujiyama's total power electronics capacity to 4.2 GW. This move strengthens their integrated manufacturing for the rooftop solar value chain. A battery manufacturing facility is also progressing as planned at the complex.

The Economic Times 8 Aug 2026 2:08 pm

PPF vs SCSS vs SSY: Which government savings scheme suits your financial goals best in 2026?

Compare PPF, SCSS and SSY to understand their interest rates, eligibility, tax benefits, and investment features. Learn which government-backed savings scheme best matches your retirement, long-term wealth creation or girl child financial planning goals.

Livemint 8 Aug 2026 1:57 pm

Section 44AD ITR filing: Which income you must disclose and which need not be reported under the presumptive scheme

Section 44AD allows eligible small business owners to declare income on a presumptive basis without maintaining detailed books. However, taxpayers must still disclose turnover and other taxable income sources while filing ITR. 

Livemint 8 Aug 2026 1:53 pm

SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS Setty

State Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI merchant payments may soon incur charges. UPI processes billions of transactions monthly, with rising infrastructure and cybersecurity costs. SBI reported a 13.73% rise in consolidated net profit for the June quarter.

The Economic Times 8 Aug 2026 1:50 pm

Air India hikes pilot pay as airlines battle to retain cockpit crew

In a bid to enhance pilot retention, Air India and Air India Express have announced a salary hike of nine to fifteen percent. This initiative comes in response to fierce competition with IndiGo and other Middle Eastern carriers. Senior pilots, flying for forty hours per month, will now receive nearly seven lakh rupees.

The Economic Times 8 Aug 2026 1:46 pm

India's crude oil import bill rises 26% to $49 billion in Q1 FY27 despite 18% fall in volumes

India's crude oil import bill rose significantly in early 2026-27. Higher global oil prices and supply disruptions increased costs for refiners. Russia remained India's largest crude oil supplier during this period. The nation imports most of its annual crude oil consumption. This dependence makes India vulnerable to global price fluctuations.

The Economic Times 8 Aug 2026 1:41 pm

Canadas PSP Investments weighs $1.5 billion sale of India roads

The Public Sector Pension Investment Board is considering strategic moves for its Indian road assets. This Canadian pension fund is engaging an advisor to explore the possibility of divesting these investments, which could be valued at approximately $1.5 billion. These assets have played a crucial role in the fund's expansion, drawing attention from other potential investors.

The Economic Times 8 Aug 2026 1:21 pm

FSSAI crackdown sends food, beverage firms back to drawing board

Amid heightened regulatory scrutiny, Indian food and beverage companies are taking steps to update product labels and advertising claims. Regulators are stepping up the enforcement of established standards on consumer items and alcoholic beverages, prompting companies to review their packaging and messaging. Some have even opted to contest regulatory actions in court, as changing consumer preferences and a greater emphasis on label transparency push the industry toward clearer communication.

The Economic Times 8 Aug 2026 1:12 pm

Edelweiss Mutual Fund temporarily suspends SIPs and STPs in its 7 funds

Edelweiss Mutual Fund has suspended existing SIP and STP subscriptions in seven schemes from August 11, 2026, citing limited overseas investment headroom. Six affected funds are international schemes, while one is thematic. The suspension will continue until additional overseas investment capacity becomes available, with resumption subject to AMC discretion.

The Economic Times 8 Aug 2026 1:11 pm

Quant Small Cap Fund adds SBI Funds Management, Caliber Mining and 11 others in July

Quant Small Cap Fund added 13 stocks in July, including SBI Funds Management, Caliber Mining and Hexaware Technologies. The fund exited four stocks and reduced exposure to seven others, while increasing holdings in 10 stocks. Its portfolio rose to 106 stocks from 97 in June, with AUM at Rs 34,069 crore as of July 31.

The Economic Times 8 Aug 2026 1:10 pm

Indias $40 billion Russian oil lifeline shouldnt buckle under Trumps 100% tariff threat: GTRI

As long as it proves to be economically feasible, India should persist in acquiring Russian crude oil. A new Senate bill from the US threatens to impose significant tariffs on countries engaging in Russian energy purchases. Being one of the leading buyers, India might suffer trade penalties. This leads to a critical choice between accessing cheaper oil and retaining US export possibilities.

The Economic Times 8 Aug 2026 12:51 pm

Edelweiss Nifty REITs & Realty Index Fund is open for subscription. Should you invest?

Edelweiss Mutual Fund has launched Indias first REIT-focused index fund, offering exposure to listed REITs and real estate companies through a single investment. The fund tracks the Nifty REITs & Realty Index, with a 60:40 REIT-to-realty allocation, targeting long-term investors seeking diversified real estate exposure.

The Economic Times 8 Aug 2026 12:31 pm

5 equity mutual funds that delivered over 20% returns in 10 years for SIP investors. Do you own any?

Five equity mutual funds delivered over 20% annualised SIP returns over the past decade. Quant Small Cap led with 24.2%, followed by Nippon India Small Cap, Invesco India Mid Cap, Quant ELSS Tax Saver and Nippon India Growth Mid Cap. Investors should consider risk, goals and investment horizon beyond past performance.

The Economic Times 8 Aug 2026 12:22 pm

MHA bans new solar, wind projects within 1 km of Indias borders

New guidelines prohibit renewable energy projects within one kilometer of border areas. Sensitive zones extend fifty kilometers, requiring defense ministry clearance for some. Foreign staff require central government permission for project implementation. Land transfers to foreign companies need prior government approval. Comprehensive security measures and police posts are mandated for these projects.

The Economic Times 8 Aug 2026 12:07 pm

Christopher Nolan's The Odyssey crosses $1 billion: Matt Damon film's massive box office milestone, star-studded cast and story

Christopher Nolan's epic film 'The Odyssey' has achieved a significant box office milestone. The movie has now earned over one billion dollars worldwide since its release. This success places it among the year's top-grossing films and boosts interest in Nolan's adaptation. The film features a large cast, including Matt Damon and Tom Holland in key roles.

The Economic Times 8 Aug 2026 12:01 pm

22k gold rate today: Check 24k, 22k, 20k, 18k gold prices (August 8, 2026) at Tanishq, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and IBJA

Gold rate today: On Saturday, August 8, 2026, gold prices saw a notable increase. If you are planning to buy gold jewellery, here is a look at the latest 22K gold rates today at Tanishq, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and IBJA.

The Economic Times 8 Aug 2026 11:59 am

Explained: Want to choose the right mutual fund? Check these 10 key ratios

Choosing a mutual fund requires more than examining past returns. Investors should assess risk-adjusted performance using metrics such as Alpha, Beta, Sharpe, Treynor, Information and Sortino ratios, along with standard deviation, semi-standard deviation and R-squared. These measures help compare funds, understand volatility, evaluate manager performance and determine suitability for individual investment goals.

The Economic Times 8 Aug 2026 10:41 am

Looking for mutual funds to invest in August? Here are 10 top picks

ETMutualFunds has shortlisted 10 equity mutual funds across five categories based on rolling returns, consistency, downside risk, outperformance and asset size for August.

The Economic Times 8 Aug 2026 10:39 am

Parag Parikh Flexi Cap current underperformance not noteworthy; cash at 14-15%, HDFC Bank outlook unchanged: Rajeev Thakkar

PPFAS Mutual Fund CIO Rajeev Thakkar said the recent underperformance of Parag Parikh Flexi Cap Fund is neither unusual nor significant. He defended its long-term strategy, lower cash allocation, and private-bank exposure, including HDFC Bank. Thakkar said market volatility creates opportunities, while the fund avoids popular themes and sees potential in IT services amid AI disruption.

The Economic Times 8 Aug 2026 10:38 am

India's gas demand returns to pre-disruption levels, but global LNG competition rises: Equirus

India's natural gas consumption recovered to near pre-disruption levels in June 2026. This recovery was broad-based across key sectors, indicating positive demand growth. Imported liquefied natural gas (LNG) consumption rose significantly, increasing India's import dependence. City gas distribution and miscellaneous users led the demand increase during this period.

The Economic Times 8 Aug 2026 10:31 am

EPF Rules 2026: 3-category withdrawal system and new voluntary top-up limits explained

The new EPF Scheme allows voluntary contributions beyond the wage ceiling and simplifies withdrawals. If an employee resigns, the wait for EPF withdrawal has increased from 2 to 12 months.

Livemint 8 Aug 2026 10:01 am

Bull markets can hide portfolio risks. This six-digit framework can help you prepare for what comes next

Every investor should have a portfolio strategy beyond just tracking assets. A structured approach involving Asset Allocation, Bubble Plan, and Crisis Plan helps guide decision-making during market fluctuations, ensuring preparedness rather than reaction to unforeseen events.

Livemint 8 Aug 2026 9:55 am

Chasing FIRE: Why the American early retirement playbook fails in India and what you can do to fix it

The US FIRE model can be customised by Indians to suit their requirements. The customisation can include a larger corpus, a lower withdrawal rate, a separate fund for healthcare expenses, and following the three-bucket strategy.

Livemint 8 Aug 2026 9:00 am

Retirement planning mistakes that can shrink your savings: Experts explain how to build a stronger financial future

Retirement planning requires more than choosing investments. Experts explain why starting early, maintaining asset allocation, accounting for taxes and inflation, and investing consistently can help build a larger retirement corpus and improve long-term financial security.

Livemint 8 Aug 2026 8:38 am

Saturday bank holiday: Are banks open or closed today on August 8, 2026? Check if HDFC Bank, SBI, PNB and others are open

Bank customers are advised to stay informed about upcoming holiday schedules that could impact banking operations. National and religious holidays dictate bank closures, which differ across states.

The Economic Times 8 Aug 2026 7:00 am

Gratuity tax deduction denied due to ITR filing error? ITAT Chennai says genuine claims can't be rejected

Due to incorrect schedule in original ITR gratuity tax deduction under Section 43B denied; ITAT Chennai gives relief and says a genuine deduction cannot be denied merely because it was reported under an incorrect schedule in the ITR

The Economic Times 8 Aug 2026 7:00 am

Indian manufacturers turn to air freight as West Asia crisis disrupts sea shipments

Indian manufacturers are airlifting components to ensure festive season production continuity. Sea freight delays and congestion are making ocean shipping unreliable for these companies. Air freight costs are significantly higher, but timely supplies are crucial for demand. Companies are absorbing some increased costs to avoid impacting sales recovery. Logistics partners are exploring innovative routes to manage ongoing disruptions.

The Economic Times 8 Aug 2026 5:30 am

Indias metal exports ride global electrification wave

India's exports of key metal intermediates are experiencing a significant surge. Aluminium alloy exports climbed twenty-four percent, reaching one point two nine billion dollars. Insulated copper winding wire exports accelerated fifty-eight percent, with the United States as a leading destination. Refined lead exports also rose fifty-six percent, driven by Asian market demand. These gains reflect India's growing integration into global manufacturing supply chains.

The Economic Times 8 Aug 2026 5:30 am

LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, MD, LIC

LIC said the governments 31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer will focus on growth, margins and distribution, while the government must raise public shareholding to 25% by 2032.

The Economic Times 8 Aug 2026 1:23 am

Government explores incentives for polysilicon manufacturing to boost solar energy production

The government is exploring a new incentive scheme for polysilicon manufacturing. This initiative aims to bolster domestic production capabilities within the sector. Currently, a production-linked incentive scheme supports solar module manufacturing. That program covers modules, cells, ingot-wafers, and polysilicon production. This new exploration follows earlier discussions on supporting polysilicon manufacturing.

The Economic Times 8 Aug 2026 1:21 am

Delhi HC stays FSSAI ban on Dabur's '100% purity' claims

While issuing notice to the government and Fssai, Justice Amit Mahajan said Dabur has made out a prima facie case for grant of stay of Monday's ban order, as such sudden restrictions could not have been imposed without issuing a show-cause notice or hearing the company.

The Economic Times 8 Aug 2026 1:20 am

High on India growth, Diageo gives region 'Standalone' tag

Diageo is taking a bold step by designating India as a distinct operational region, separating it from the Asia-Pacific hub. This strategic choice is driven by the projected growth in India's spirits market. In tandem, the company is revamping its packaging network for Indian spirits, which is set to yield significant and recurring cost savings.

The Economic Times 8 Aug 2026 1:18 am

Instant home services firms Urban Company, Snabbit slash prices, cut waiting times as competition intensifies

The sector's rising cash burn, coupled with the relatively limited size of the addressable market, is beginning to concern investors tracking the space. The category is economically viable primarily in urban catchments, where high order density supports efficient fulfilment and worker utilisation. Expanding into lower-density neighbourhoods is significantly more challenging, another industry executive said.

The Economic Times 8 Aug 2026 1:17 am

Renewable energy bid discovers record low tariff of 5.25 per unit in SECI tender

A competitive tariff of 5.25 per unit was discovered for round-the-clock renewable energy. This price emerged from a tender by the Solar Energy Corporation of India. The discovered tariff aims to compare with firm power sources like thermal and nuclear. Renewable energy must be supplied reliably on a round-the-clock basis. This development highlights the growing competitiveness of renewable energy sources.

The Economic Times 8 Aug 2026 1:17 am

PFRDA approves four new pension funds, increasing total to 14 for NPS subscribers

The Pension Fund Regulatory and Development Authority has approved four new pension funds. This expansion aims to increase non-government NPS subscribers significantly over five years. Digital initiatives are expected to attract millions of new subscribers annually. PFRDA emphasises accessibility and simplified onboarding for broader pension coverage. Conservative schemes have delivered strong annual returns, building on past successes.

The Economic Times 8 Aug 2026 1:13 am

AWL Agri business penalised for substandard O=oil

FSSAI has secured an order against AWL Agri Business for substandard fortified sunflower oil. Laboratory tests found the product failed to meet prescribed vitamin fortification standards. A penalty was imposed after tests revealed vitamin levels were below prescribed standards. This rendered the product substandard under the Food Safety and Standards Act. FSSAI did not disclose the specific penalty amount imposed.

The Economic Times 8 Aug 2026 1:03 am

IHCL's Ginger targets Rs 3,000 crore enterprise revenue by 2030

Ginger is set to exceed 1,000 crore in enterprise revenue in FY27 from 814 crore the year ago. As of July 31, Ginger had a portfolio of 260 hotels, including 165 operational properties and 95 in the pipeline. Ginger's operational footprint spans more than 110 locations across the country. Enterprise revenue for Ginger stood at 301 crore in the first quarter of FY27.

The Economic Times 8 Aug 2026 12:48 am

Godrej Consumer margins hit hard by oil prices

Godrej Consumer Products said surging LPG, kerosene and LABSA costs hit its India margins in the June quarter despite healthy volumes. Consolidated revenue rose 18.3% and profit 11.5%, while the company expects commodity pressures to ease in the second half.

The Economic Times 8 Aug 2026 12:43 am

Oil minister Hardeep Singh Puri dismisses concerns about fuel adulteration

Hardeep Singh Puri addressed the issue of fuel adulteration, asserting that concerns over it are baseless. A nationwide investigation uncovered only four instances at various petrol stations. He emphasized that oil marketing firms implement strict testing protocols. Analysis results indicate that chloride levels remain safe and do not support allegations of excessive chloride presence.

The Economic Times 8 Aug 2026 12:41 am

Britannia sees demand rise, but sugar and palm oil costs bite

Britannia Industries said consumer demand strengthened in the June quarter, helping revenue rise 9.5% and profit nearly 14% year-on-year. However, rising sugar, palm oil and fuel costs are pressuring margins, prompting the company to consider further pricing measures.

The Economic Times 8 Aug 2026 12:39 am

Handloom's Fashion Reset: Next fillip for Indias handmade textiles must come from the young

Younger Indians are showing renewed interest in handloom textiles and their heritage. Social media and indie labels are making handloom fabrics fashionable and sustainable. Designers are creatively reinterpreting traditional handloom patterns for modern clothing. This shift brings new understanding and respect for weavers' skills and livelihoods. The future of Indian handloom will be shaped by this younger generation's engagement.

The Economic Times 8 Aug 2026 12:31 am

CBIC directs CGST zones to track illegal mining, curb tax evasion

Central tax authorities are taking proactive measures by partnering with state mining departments to address the issue of illegal mineral extraction and transportation. This collaboration will involve setting up a comprehensive information-sharing system across all CGST areas. This directive is a result of a CAG report identifying critical gaps in intelligence sharing, with the goal of significantly reducing tax evasion in the mining sector.

The Economic Times 8 Aug 2026 12:25 am

Can a 15,000 monthly SIP build a 5 crore corpus in 30 years? Heres the maths

Investing 15,000 every month for 30 years, assuming an average annual return of 12%, can potentially build a corpus of around 5.29 crore.

Livemint 7 Aug 2026 11:05 pm

PhonePe launches fixed deposit distribution: Here's how to book FDs across banks, NBFCs using app Stepwise guide

PhonePe launches fixed deposit (FD) distribution allowing customers to compare and book high-yield fixed deposits with partner banks and NBFCs online. Here's a stepwise guide on how to book deposits using the app

Livemint 7 Aug 2026 10:46 pm

Would your family know where your money is? Why every investor needs a financial inventory

A Will and nominees alone may not be enough to help your family access your assets. Estate planning experts explain why every investor should maintain a financial inventory, what it should include, and how it can save loved ones time, confusion and legal hassles.

Livemint 7 Aug 2026 10:27 pm

Railways imposes Rs 5.13 cr fine, terminates 6 contracts and debars defaulting licensees for food quality violations in last 3 years

Indian Railways has implemented strict measures to address violations related to food quality and hygiene. The initiative includes imposing fines amounting to Rs 5.13 crore and the termination of contracts. By conducting regular inspections and surprise checks, they aim to enhance food safety compliance. The introduction of modern base kitchens, along with the installation of CCTV cameras, is intended for vigilant monitoring.

The Economic Times 7 Aug 2026 10:01 pm

Akasa Air, AI Express say their B737 planes are not impacted by FAA directive

Indian airlines Akasa Air and Air India Express confirmed their Boeing 737 fleets are not impacted by a recent FAA directive. This directive mandates inspections for potential fuselage cracks on certain Boeing 737 aircraft models. Akasa Air stated its young fleet will not reach inspection thresholds for many years. Air India Express also confirmed its approximately eighty Boeing 737 planes are unaffected by the order.

The Economic Times 7 Aug 2026 9:43 pm

What is the 3-6-9 rule you can use to build your emergency fund? Here's how to calculate the savings goal

Emergency fund: Today, we explain the 3-6-9 rule that salaried individuals and even those without stable income can use to build their savings for a rainy day or to safeguard against extenuating circumstances.

Livemint 7 Aug 2026 9:34 pm