HSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...

Wholesale price inflation rose to 9.87 percent in June. This increase was largely driven by global commodity and energy costs. The governme...

The government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...

The government has clarified no LTCG tax scrapping for foreign investors. Only investments in Government Securities now receive tax exempti...

Long Term Capital Gain: The Finance Ministry has denied contemplating the scrapping of LTCG tax on equities for domestic investors. There i...

Central GST officers detected over 30,000 input tax credit fraud cases in 2025-26. These cases involved approximately Rs 74,782 crore and l...

Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...

India's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...

Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...

The government has no current proposal for a one-time loan waiver for farmers. The Reserve Bank of India offers financial restructuring opt...

The Lok Sabha will consider a bill to prevent unfair means in public examinations. Another bill aims to increase the number of Supreme Cour...

Five hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous ...

Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts...

India's debt-to-GDP ratio moderated to 58.2 percent in FY26, showing improved fiscal health. The government's interest payments have declin...

Banks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...

The income tax e-filing portal has been upgraded to handle increased filings. Revenue from long-term capital gains rose significantly in as...

India's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...