Beneficiaries of the Annapurna Bhandar scheme are inquiring about the August 2026 credit date. The scheme replaces TMC’s Lakshmi Bhandar, offering ₹3,000 monthly aid.
NEW DELHI: The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says rating agency Fitch. In a report released today, Fitch Ratings said the credit risk of power traders has become “riskier” due to profitability and liquidity constraints faced by state power utilities. “If these…
The conflict in West Asia is reshaping India’s trade flows in unexpected ways, triggering a dramatic reordering of both import sources and export destinations. The most striking shift has been Oman’s emergence as a key trade partner. Ranked only 30th among India’s import sources in April-May 2025, the Gulf nation has jumped to 10th place…
Over 5-6 crore Indians now invest in mutual funds, marking a milestone in the way the country is saving and creating wealth. Powered by frictionless digital platforms, Do-It-Yourself (DIY) investing has democratised access to capital markets, with investors coming from more than 99 per cent of India’s PIN codes. Getting started with investments has never…
The Employees Provident Fund (EPF) interest for FY26, calculated at 8.25% per annum was credited for members by 15 July this year, according to Union Labour Minister Mansukh Mandaviya. The minister earlier this month said that the retirement savings fund organisation was processing interest payment on provident funds of 34 crore members for FY26 and…
ET Intelligence Group: SBI Funds Management, the country’s largest Asset Management Company (AMC) by assets under management, plans to raise ₹11,693 crore through an offer for sale. The promoter stake will fall to 88% after the IPO from 98%. SBIFM is expected to benefit from the increasing participation of households in the equity market and…
The Press Information Bureau (PIB) Fact Check has debunked viral social media claims alleging that the Ministry of Information and Broadcasting’s (MIB) new draft telecom rules would shut down 11 crore televisions, raise cable and DTH subscription charges by four to six times, impose heavy licensing fees, and wipe out millions of jobs. Calling the…