Banking And Finance

RBI tightens norms for re-appointment of directors on UCB boards

Mumbai, An individual cannot serve as a director continuously for more than 10 years on the board of Urban Co-operative Banks, and the re-appointment can happen only after a compulsory…

Want to avoid penalties, make most of tax benefits? Here are precautions you should take while filing income-tax returns

Taxpayers can log into the official e-filing portal (https://www.incometax.gov.in/) to file income-tax returns for assessment year 2026-27 (AY27) or financial year 2025-26 (FY26). The I-T return (ITR) forms have been…

Using credit card to buy property abroad? Here’s why you may attract ED scrutiny

If you are planning to make overseas property-related payments through international credit cards, you may want to review the applicable foreign exchange rules first. Such transactions can attract scrutiny under…

Can recovery agents threaten or harass you? Here’s what the new RBI rules say – ‘no excessive calls’

Amid rising complaints involving coercive practices, intimidation, abusive calls and public humiliation, the Reserve Bank of India (RBI) has further tightened and consolidated recovery norms in 2026. As a result,…

Market

Gold, silver rates today: MCX gold rises ₹820 per 10g, silver surges ₹5,300 per kg on US-Iran peace optimism

Gold and silver prices traded higher on Monday, 25 May, as hopes of a peace deal to end the Iran war boosted demand for precious metals, while a softer US…

RVNL Q4 Results: Net profit drops 59% YoY to ₹187 crore; revenue rises 4%, final dividend announced

(RVNL), a railway infrastructure company, reported its Q4 FY26 and full-year FY26 results after market hours on Monday, May 25, posting a mixed financial performance with lower profitability despite steady…

Vegorama Punjabi Angithi IPO allotment expected today: Here’s how to check status

The Vegorama Punjabi Angithi IPO allotment is expected to be finalised today, May 25. Investors can check their allotment status through the registrar, Bigshare Services, or on the BSE website.…

SEBI proposes dynamic option strike price framework

The Securities and Exchange Board of India (SEBI) has proposed a uniform framework for introducing and managing strike prices of options contracts across exchanges, including a mechanism for intraday addition…

Market

Fredun Pharmaceuticals Q4 profit jumps 56% to ₹11 crore

Fredun Pharmaceuticals, a leading pharma formulation manufacturing company, reported that its net profit in the March quarter was up 56 per cent at Rs 11 crore on the back of…

Toyota Kirloskar to invest ₹1,200 crore in Karnataka’s KWIN City

Toyota Kirloskar Motor is set to invest ₹1,200 crore to establish its global BizIntel Hub in Karnataka’s KWIN City, CM Siddaramaiah announced on Monday. Speaking on the occasion, Siddaramaiah assured…

Hindalco says FY27 to be inflection year for Novelis

, an Aditya Birla Group company, expects India to be self-sufficient in copper and stop being import-dependent in the next two years, while for its subsidiary., FY27 is seen to…

Indian entrepreneur explains how Warren Buffett shaped his financial habits: ‘I don’t have single rupee of black money’

Muthukrishnan Dhandapani, a Chennai-based mutual fund distributor, certified financial planner and finfluencer, spoke at length on social media about maintaining transparent financial records and building wealth through legal means. The…
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Axis

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