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The proposals include removing an additional 20% settlement charge in certain cases involving multiple proceedings and introducing a fast-track mechanism for settlements of up to 10 lakh
SBI has the largest deposit base among the banks included in the comparison, with total deposits of 60.4 lakh crore. It also has the highest customer base, with 53 crore customers
West Bengal government is set to implement the Centre's health insurance scheme Ayushman Bharat and state's cashless coverage scheme Mukhyamantri Swasthya Bima Yojana from August 16. Here's all we know
JPMorgan retains other ties to Polymarket as it looks to leave the door open for an underwriting role should it attempt to go public, the report said.
The 8th Pay Commission has updated guidelines on eligibility criteria and essential qualifications for vacancies of its contract-based consultant roles. Here's a look at what has changed for the applicants.
Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.
Gen Z's budget is far more practical than flashy. A staggering 70% of a young professional's monthly budget is swallowed up by just five core categories Bills, subscriptions & more
SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musks bid to gain ground on rivals Anthropic PBC and OpenAI.
Reliance Industries and Rolls-Royce announced a partnership to develop a combat aircraft engine for India's AMCA programme, aiming to enhance domestic fighter-jet propulsion capabilities. They plan to establish an Aerospace Gas Turbine Complex in India for the entire engine lifecycle.
Investments in NSC start at 1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.
Mahindra is using the merged SML Mahindra entity and two new truck engines to break into heavier commercial vehicle segments and challenge Tata Motors and Ashok Leyland. The company is targeting 20% CV market share within a decade while treading carefully on subsidised electric buses.
Nithin Kamath said that the fundamental questions are: Why AI? How do you manage security risk? Continuous evaluation, especially of the high-stakes decisions.
Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase.
Crop insurance premium slumped by two-thirds during April-July to 1,183 crore from 3,544 crore a year earlier, while fire premium fell 28.5% to 10,062 crore from 14,063 crore.
The Maharashtra government may provide 3,000 to women enrolled in the Ladki Bahin scheme before Raksha Bandhan. However, beneficiaries await clarity on pending payments for July and August, with no official confirmation yet on the potential combined instalment or payment dates.
Among the safest investment options in India, public provident fund or PPF investment can help parents prepare for the big expenses in your children's future, be it health, marriage, education or other aspirations.
The ET report said that building long-term wealth requires a deep understanding of financial planning.
Subhashree Sahu, a prominent digital content creator from Odisha, lost her Instagram account. With over 1.3 million followers, she earned substantial income from subscriptions, reportedly around 23 lakh monthly. And, she is not alone.
The tribunal observed that Section 3 of the Black Money Act provides for taxation of an undisclosed foreign asset in the year in which the asset comes to the notice of the Assessing Officer
In the latest episode of Lets Mint Money, Waterfield Advisors founder and CEO Soumya Rajan discusses family governance, the importance of the right asset allocation conviction and navigating global market shifts.
EPFO has issued 149,806 pension orders for higher contributions to retired applicants with aim to provide greater benefits linked to actual wages, MoS Shobha Karandlaje told Parliament. Here's how beneficiaries can check status of their claims
A Kerala HC ruling offers relief to FD holders facing delayed payments. Here's what depositors can do if a bank refuses to return their money after maturity and what remedies may be available.
The Delhi High Court reduced a wife's interim maintenance from 30,000 to 25,000 amid a matrimonial dispute. The court emphasised a balanced approach to maintenance laws, retroactively applied from April 2021.
RBI rules classify savings and current accounts as inoperative after more than two years without customer-induced transactions. Learn how to check an inactive bank account, update KYC, reactivate it and protect your money from fraud.
The company's total expenses rose 5.5% year-on-year in the June quarter to 7,242.5 crore. The company's revenue from operations rose 4.2% year-on-year and 2% sequentially to 5,306 crore.
Retail investors are flocking to corporate bonds but relying too heavily on credit ratings. Experts say ratings miss default, liquidity and price risks.
Homebuyers facing possession delays without any formal communication from the builder have various legal ways to protect their rights and receive fair compensation for the trouble. Here are the options that you can consider if it happens to you.
Companies must deposit PF contributions with EPFO by the 15th of each month. Delays can lead to penalties and other such consequencies. Here's whether an employee's interest gets affected due to the delay.
Check how to transfer PPF, Sukanya Samriddhi and SCSS accounts from a Post Office to a bank. Here's the information on the transfer process, the 100 plus GST fee, required documents, interest rates and key checks investors should complete.
The Securities Appellate Tribunal granted conditional relief for Zees 3,143 crore fundraise and operational liquidity, provided the broadcaster pays its Sebi penalty within a week, even as market restrictions remain in force.
NRIs are allowed to invest in Indian equities and mutual funds but require NRE or NRO accounts, demat accounts, and specific permissions for stock market access. Details here.
Tata Steel CEO T.V. Narendran and Tata Motors' Shailesh Chandra, as well as Noel Tata's son Neville Tata are emerging as contenders for Tata Sons chairman.
The move is aimed at making companies globally competitive and getting them easier access to capital.
EPFO will hold a live pension session on 18 August, allowing members to raise EPS queries and grievances. Know the timing, platforms, key pension topics and practical tips before participating in the EPFO live session.
Returning MD & CEO V.R. Sharma says the steelmaker will prioritize value-added specialized grades, internal leadership talent, and a measured 2021 mt expansion rather than chasing volume at any cost.
Private equity firm Silver Lake is eyeing an acquisition of Workday, reflecting renewed market confidence in mega deals. Here are some of the largest software buyouts in history.
The ministry of road transport and highways has tightened how it rates DPR consultants, giving associate firms only 75% of the lead consultant's rating instead of an equal score.
SGB 2019-20 Series III investors can opt for premature redemption from August 14, 2026, with RBI fixing the redemption price at 15,310 per unit. At the 3,449 issue price, the gold bond has delivered an absolute gain of about 344%.
Gold and silver prices today, 14 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.
The regulator ruled that Deloitte was not aware of full facts regarding ZEEL's unauthorized 2018 property pledge and that disclosure duties rest with company management.
8th Pay Commission is consulting central government employee unions, pensioners and other stakeholders. Decisions on fitment factor, minimum salary, allowances and pension revision remain pending, with recommendations due by May-June 2027.
Investors in India who rediscover old physical share certificates, must convert them into demat holdings. SEBI's recent circular introduces a special window for eligible cases, along with simplified procedures for securities transmission. Details here.
EPF can help salaried employees build long-term wealth through regular contributions and compounding. Expert shares how staying invested, avoiding premature withdrawals and planning can strengthen retirement savings.
Consumer goods companies are giving milk-based drinks a protein boost as health-conscious consumers shift towards on-the-go products.
Around two-thirds of fertilizer applied to crops may not be absorbed by plants, raising concerns over the cost of subsidies, groundwater contamination and air pollution.
While financial independence can be liberating, retiring early may feel hollow if it means withdrawing entirely from work or society without a clear end goal.
Cars24 has continues to expand its use of AI, while diversifying into personal loans and credit-score services alongside car financing. Similarly, Spinny has partnered with original equipment manufacturers to build a certified pre-owned electric vehicle ecosystem as green mobility picks up pace.
BGMI maker Krafton will invest in five VC funds and about half a dozen Indian startups by year-end, committing $50-60 million annually as it shifts its focus beyond gaming to AI and consumer internet.
As retail consumption surges, DLF is repositioning its malls to focus on accessible luxury while maintaining high-end offerings. With ambitious expansion plans, including a new mall in Goa, the developer aims to enhance consumer spending experiences and capitalize on a growing affluent market.
For many global banks, India offers a juicy retail market, and buying into existing non-banks offers a quick entry without exposing themselves to direct lending operations.

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