Banking And Finance
Transport allowance exemption for employees: Who can claim tax relief of up to ₹1.80 lakh a year?
Many companies provide conveyance allowance as part of an employee’s salary component to cover the travel expenses between home and workplace or for official duties. However, many people may not…
Special vs regular FDs: Key differences and which one you should choose
Fixed deposits (FDs) is a widely preferred investment option for risk-averse investors in India, offering assured returns and capital safety. Banks offer different types of fixed deposit schemes, including regular…
ITR filing 2026: Key documents you must keep ready before submitting your income tax return form
Filing your income tax return becomes much simpler when you have all the necessary documents in place beforehand. If you delay gathering paperwork until the last moment, it may result…
Can you claim Income-Tax deduction on loan for EV purchase? Here’s eligibility criteria and key highlights, explained
Deduction for loan used to purchase an electric vehicle is provided under Section 80EEB of the Income-Tax Act (ITA) for interest payment up to ₹1.5 lakh in a financial year…
Market
Muthoot FinCorp board clears ₹4,000 crore IPO amid aggressive debt raising plans
Muthoot FinCorp Ltd’s (MFL) Board of Directors on Saturday approved an initial public offering (IPO), comprising a fresh issue of equity shares aggregating up to ₹4,000 crore. The non-banking finance…
IDBI Bank to raise up to ₹10,000 crore via long-term rupee bonds in FY27
’s Board of Directors on Saturday approved issuance of long-term rupee denominated bonds for financing of infrastructure and affordable housing of up to ₹10,000 crore. The issuance, approved at the…
FPIs bleed Indian markets for fourth straight week, pull out over ₹13,740 crore
Foreign Portfolio Investors (FPIs) remained net sellers across asset classes for the week ended May 15, 2026, pulling out a net ₹13,740.89 crore from Indian markets, according to data from…
India loses 430 kb/d of LPG imports during March–April amid supply disruption
The closure of the Strait of Hormuz (SoH), which accounts for almost two-thirds of India’s LPG supply, severely disrupted cargo shipments of the critical cooking fuel, with imports losing 430,000…
Market
Fredun enters high-value hormone therapeutics segment with new speciality brand launch
Fredun Pharmaceuticals has launched “Hormone Range Products,” a premium speciality therapeutics brand focused on longevity, hormone health, recovery science and human performance solutions. The move marks Fredun’s strategic entry into…
Cupid Q4 net profit triples on robust demand
, a leading manufacturer of condoms and FMCG products, reported that its net profit in the March quarter more than tripled to ₹36 crore (compared to ₹11 crore in year-ago…
Uno Minda plans ₹2,500 crore fundraise through FCCBs and other securities
Major auto components maker, Uno Minda, on Saturday said that its Board has considered taking enabling authorisation from shareholders for fund raising up to ₹2,500 crore through issue of securities,…
Flipkart widens lead over Amazon, Meesho in ecommerce user growth: CLSA
Flipkart is pulling further ahead of rivals in India’s ecommerce market, adding significantly more users than competitors Amazon and Meesho this year, according to a report by brokerage CLSA. The…
Axis
