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Bank credit growth rose to 16.5% in June 2026, while the weighted average lending rate on outstanding credit fell to 9.26%, RBI data showed. Credit to female borrowers grew 19.7%, while personal-loan credit rose 12.7% and credit growth was stronger across non-metro centres.
The ITAT Mumbai deleted an 8.87 lakh tax addition after accepting a taxpayers explanation for cash found during an income-tax search. The tribunal said family savings and gifts must be assessed based on human probabilities.
An Indian professional living in Brazil while providing architectural services to a Goa-based company wants to know if professional fees paid into a foreign bank account will attract Indian tax. Here's what the India-Brazil tax treaty says.
As children move away and large homes become harder to maintain, retirees are rethinking property. Selling, downsizing or redeveloping can unlock wealth, simplify succession and improve retirement security.
The domestic MCX gold price recovered its previous losses, jumping over 1% to cross the 1.55 lakh mark per 10 grams
The Mumbai ITAT has ruled in favour of an investor whose 85.35 lakh long-term capital gains (LTCG) from Sunrise Asian shares were treated as unexplained income by the tax department.
Medical insurance shields policyholders from unpredictable and often steep healthcare expenses.
A Pune-based senior citizen missed the income-tax appeal deadline by 191 days after his wifes death. The ITAT Pune, in ITA No. 1586/PUN/2026, directed the appellate authority to condone the delay and hear his tax appeal on merits.
RBI has taken anywhere from a little over a month to 14 months to approve the appointment of chief executives of private banks.
Small- and mid-cap stocks have delivered much faster earnings growth than large caps over the long term. But a closer look at margins, recent performance and the impact of a few extreme performers reveals why investors should look beyond headline profit growth.
Billionaire Ray Dalio's financial setback in the early 1980s changed his approach to investing. After a major miscalculation left him broke, he learned two key lessons: question your own certainty and embrace diversification to manage risk.
Factor investing strategies delivered sharply different returns over the past year. High Beta emerged as the strongest performer, while Value also outpaced the broader market. Heres how all five strategies compared with the Nifty 500.
UIDAI has clarified that Aadhaar holders can request DoB updates more than once, but subsequent changes face stricter rules. The process depends on the existing DoB status, documents submitted earlier and the circumstances behind the correction.
EPFO has urged employers to enrol uncovered workers under its one-time Employees' Enrolment Campaign, 2026, to expand social security coverage. The scheme was notified in June and will continue till 31 October.
With the ITR filing deadline just hours away, taxpayers using ITR-3 and ITR-4 should carefully review pre-filled details. From income and tax credits to capital gains and deductions, heres what you need to verify before submitting your income tax return.
The fintech company has joined hands with handset makers such as Nokia, HMD, Lava International and itel to have the service pre-installed on their devices.
The government hasn't confirmed the estimated arrears under the 8th Central Pay Commission. Employees should consider the figures illustrative, subject to change.
The Centre has formally established Indias mediation regulator, but appointments and implementation of the Mediation Act remain key to making mediation a mainstream alternative to litigation.
Axis Mutual Fund has launched Shagun SIP, an industry-first gram-based SIP for gold and silver fund of funds (FoFs). The feature lets investors choose a gold or silver quantity instead of a fixed rupee amount. Heres how it works, its key benefits, and what investors need to know.
Digital estate-planning services are making it easier to create a will, but simple DIY options may not suit everyone.
The move comes as India seeks to widen its exporter base and make it easier for smaller manufacturers to access global markets. Can opening this route to foreign investment take more of India's small manufacturers global?
Loan terms, interest structure, and lenders are crucial in deciding early closure of education loans. Here are 7 factors to consider before closing education loan early.
Putting a relatives name on a property deed may seem like a family arrangement, but tax authorities can now connect property records with financial data. Heres when a gift, loan or benami issue can arise.
DoPT has forwarded representations seeking pension revision for central government employees who retired before 1 January 2026 to the Department of Expenditure. The move puts the demand formally before the government, but does not mean pension revision has been approved under the 8th Pay Commission.
Credit card limit increase benefits include a lower credit utilisation ratio, an improved credit score, and greater financial flexibility, but key factors such as income, spending habits, interest rates and overspending or debt-trap risks should be considered before accepting.
The simplicity of the online will-making process is also its biggest limitation.
PFRDA will revise the NPS and NPS Lite PoP charge structure from 1 October 2026, including a 200 onboarding fee and 0.20% annual AUM charge. The regulator has also clarified when e-NPS users are exempt, how dormant accounts are treated and why the original onboarding route matters.
The move aims to protect buyers from under-purity fraud, bringing silver jewellery under a mandatory BIS certification framework similar to gold.
The Supreme Court ruled that a revenue record entry does not create or extinguish title to property, emphasizing that relinquishment must be proven.
IPOs are surging as Sebi approvals near expiry. Investors should watch for 10 key warning signs in the Red Herring Prospectus (RHP) to assess risks and avoid poor-quality investments.
Yash Raj Films is betting on microdramas even as early entrants exit. The audience is hooked, but monetization remains elusiveforcing studios to balance content costs, retention and the promise of mobile-first storytelling.
An X user questioned why HDFC Bank sought additional confirmation after he authenticated a 1.05 lakh credit-card payment with an OTP. RBI rules allow banks to use risk-based security measures and adaptive authentication for digital payments.
Tax on sale of inherited agricultural land: Section 54B, 54F and 54EC exemptions explained, reinvestment in residential property or farm land, 10 crore and 50 lakh exemption caps, capital gains tax at 12.5% or 20% with indexation for siblings selling jointly-inherited land
An Ahmedabad police inspector lost 5.4 lakh after fraudsters allegedly posed as insurance officials and promised a 19.5 lakh payout. The case highlights key red flags in insurance refund scams, including upfront fees, QR-code payments and repeated demands for money.
Subhash Chandra insolvency: Creditors, including the LIC Housing and several banks, approached NCLAT on Monday against the NCLT's approval of 6.5 crore payout plan.
Gold and silver prices today, 31 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
August 31 is the ITR filing deadline for non-audit taxpayers for AY 2026-27. Heres what happens if you miss the deadline, including belated ITR filing, late fees, interest and loss carry-forward rules.
The Nagpur ITAT deleted a tax addition on jewellery found during an income-tax search, stressing ownership, source and family circumstances. The ruling also examined the CBDTs prescribed jewellery limits and whether possession within those limits can be treated as reasonably explained.
Following a breakout year, with revenue reaching 16,000 crore, TAFE is setting up its first new tractor plant in 29 years to cater to global and local demand.
The pressure is forcing airport operators to look beyond passenger traffic for growth, with cargo, maintenance, repair and overhaul, and other non-aeronautical businesses
The heavy industries ministry is weighing interest subvention for charging infrastructure alongside its proposed 9,852 crore financing scheme for electric commercial vehicles, as high upfront costs and a shortage of high-powered chargers slow adoption.
HDFC Bank Deputy MD Kaizad Bharucha is likely to hold the fort while the lender searches for a full-time CEO, putting succession firmly in focus.
The proposed measures are aimed at helping chemical exporters pivot to specialty products across Europe, Asia, and Latin America, mitigating US export concentration and Chinese import dependence.
Revathi Mannepalli, joint wireless adviser at the department of telecommunications, is contesting against two European candidates for the post of director of the Radiocommunication Bureau at ITU.
Retirement planning requires a thorough analysis of goals, financial status, and lifestyle aspirations. It's crucial to prepare for emergencies while balancing risk in your portfolio, gradually shifting from equities to safer options as you age.
Since IPO-bound companies do not have a listed-market track record or exchange trading history, investors largely have to depend on information provided before the listing
Sugar prices have remained steadily over 60 per kg in most retail markets across India today on 30 August. This high price stability comes despite several steps taken by the central government to check rise in cost, according to official data.
The 8th Pay Commission is set to close applications for contract-based consultant roles on its website on Monday, 31 August. With the deadline looming we explain the eligibility, and where and how to submit your applications
Subhash Chandra has responded to social media posts on his NCLT insolvency case, saying borrowers repaid 3,803 crore of 4,808 crore disbursed. He also shared details of his 22,000 crore personal guarantees and lenders claims.
Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country.

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