Indian HNW women are increasingly eyeing private equity and venture capital, but limited knowledge, lack of trusted advice and time constraints remain key barriers to alternative investing

Taxman tracks foreign remittances: What parents, investors should know

Rising multiple-loan exposure, faster growth in used-car financing and pockets of higher delinquency point to a changing risk profile in India's vehicle-credit market.

The rupee appreciated 17 paise to 95.56 against the American currency in early trade on Thursday tracking a weak US dollar, after the US Treasury announced that it would double its buyback operations for longer-dated Treasury bonds. Forex traders said the dollar index fell to its lowest level since late May after the US Treasury announced that it would double its buyback operations for longer-dated Treasury bonds, pushing US long-term yields lower and reducing the dollar's yield advantage. Moreover, the dollar is also being weighed down by reduced expectations of further Federal Reserve tightening though the FED policymakers' inflation concerns increased at the July meeting, according to the FED minutes. At the interbank foreign exchange, the rupee opened at 95.57, then rose to 95.56, higher by 17 paise from its previous close. On Wednesday, the rupee stayed almost flat, ending just 1 paisa higher at 95.73 against the US dollar. Meanwhile, the dollar index, which gauges the ...

The Income Tax Department is verifying 394 entities over suspicious overseas remittances, with mismatches in income, turnover and payment purpose raising red flags

State panel to review pay, allowances and service conditions, revision may lift take-home pay and retirement benefits for employees and pensioners

Draft norms propose standard crop seasons, tech spend cover and loan limits linked to scale of finance under Kisan Credit Card framework

UIDAI's biometric lock feature lets users block fingerprint and iris authentication, adding an extra safety layer against Aadhaar-linked fraud and misuse

Legal experts explain when children or grandchildren can inherit FDs, what nominees can do, and which documents banks will ask for

'Buy, hold or book profits should be based on allocation, not emotion,' say experts

Global index provider FTSE Russell said it will include India's sovereign bonds in the Emerging Markets Government Bond Index from September 2025, potentially drawing billions of dollars into bonds

Process needs to be done again as company is strengthening its systems

Before taking advantage of a credit subsidy, it is important to check with your bank or lending institution regarding the conditions under which the subsidy may be revoked or reclaimed by the governme

Analysts said that the implementation of the norms will negatively impact the income of these lenders while increasing pre-payment of loans and balance transfers

The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment year 2024-25 on the e-filing portal till October 7. The income tax department had extended the date for filing the audit report from September 30 to October 7. There is an increase in the filing of TARs for the AY 2024-25 by around 4.8 per cent compared to the filings of TARs on the due date for AY 2023-24. «To assist taxpayers, the department conducted extensive outreach programmes through emails, SMSs, webinars, social media campaigns and messages on the Income Tax portal to create and raise awareness among the taxpayers about filing TARs and other audit forms by the due date. Various user awareness videos were uploaded on the Income Tax portal to provide guidance,» the ministry said in a release. It further said that these concerted efforts have been helpful to taxpayers and tax professionals in timely compliance in filing

With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.

Industrial & logistics sector leads, attracting $1.7 billion in PE investments in Q3 2024

The Groww Gold ETF aims to mirror the local price of physical gold, providing investors with the opportunity to invest in gold bullion with a purity of 99.5%

Mergers and acquisitions (M&A) contributed significantly to the surge, with a 57% increase in volume and 65% in value compared to the previous quarter.

Odisha Deputy Chief Minister Pravati Parida on Tuesday said more than one crore women have registered themselves under the Subhadra Yojana, a financial assistance scheme launched by the BJP government in the state. Prime Minister Narendra Modi had inaugurated the ambitious women-centric scheme on September 17, and on that day, the first instalment of Rs 5,000 was sent directly to the bank accounts of around 25.11 lakh beneficiaries. «Over one crore women have already come forward and registered themselves to get benefits of the Subhadra Yojana, which has created a history in Odisha,» the deputy CM said. Chief Minister Mohan Charan Majhi would release the first instalment to another 35 lakh women on October 9 at Baripada in Mayurbhanj district, said Parida, who is in charge of the Women and Child Development Department. Subhadra Yojana, the financial assistance scheme named after the sister of Lord Jagannath, was one of the major promises made by the BJP for women in its election ..