SpaceX-Tesla Inc. is inching closer. Watch out, Nvidia?That logic, and Musk’s dominant role at both companies, creates a potential conflict of interest because it would advantage the likely acqu...
17 Jun, 2026, 03.31 PM IST
Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
16 Jun, 2026, 11.27 PM IST
Psychology suggests people who keep cash in the house aren’t paranoid; they’re protecting a sense of readiness because certainty feels calming when life has been unpredictable beforeHaving a little cash tucked away at home can be incredibly reassuring. It prepares individuals for life's little surprises and reduces dail...
16 Jun, 2026, 06.29 PM IST
India's digital fraud rate nearly double global average as scammers target existing accountsIndia's digital fraud rate in 2025 reached 7.1%, almost double the global average. This indicates growing online fraud risks as digital pay...
16 Jun, 2026, 05.00 PM IST
India's telecom ARPU to grow 7% CAGR through FY29; narrowing tariff gap with global markets: ReportIndia's telecom sector is set for a multi-year growth phase. Average Revenue Per User (ARPU) is projected to grow at 7% annually from FY26 ...
16 Jun, 2026, 11.40 AM IST
Mutual funds reduce cash allocation by over Rs 10,000 crore to Rs 1.87 lakh crore in MayMutual funds reduced cash holdings by over Rs 10,000 crore in May to Rs 1.87 lakh crore, representing 4.24% of total assets. Equity AUM saw...
15 Jun, 2026, 02.20 PM IST
RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
13 Jun, 2026, 02.22 PM IST
ED searches TMC MLA Madan Mitra's premises in alleged municipality recruitment scam probeThe Enforcement Directorate conducted searches at seven locations linked to TMC MLA Madan Mitra as part of a probe into the West Bengal mun...
13 Jun, 2026, 09.06 AM IST
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
12 Jun, 2026, 06.46 PM IST
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
12 Jun, 2026, 07.11 AM IST
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
11 Jun, 2026, 11.00 PM IST
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
10 Jun, 2026, 01.26 PM IST
ED summons Veena Vijayan, CMRL directors for questioningA few other individuals, including directors of CMRL, have been summoned for questioning at its Kochi office on June 12. Statements of Veen...
09 Jun, 2026, 11.40 PM IST
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
09 Jun, 2026, 04.57 PM IST
We still need cash in ATManirbhar BharatDespite the rise of digital payments, cash remains essential, yet ATMs are increasingly running out of money. Banks are reducing their ATM ...
08 Jun, 2026, 11.05 PM IST
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
08 Jun, 2026, 12.28 AM IST
Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before othersThere is one line in the accounts that most investors skip because it looks routine. But behind that line can sit disputed demands, old los...
05 Jun, 2026, 10.42 PM IST