Rs 25 Lakh Package: India's New Middle Class Struggles
India's new middle class earns more than ever but faces rising rents, housing costs, job insecurity due to AI, and social media pressure, reshaping financial success.
Category : Business
Lord's Mark Industries First to Get Listing Under IBC Scheme
Lord's Mark Industries Ltd becomes the first company in India to receive stock exchange listing approval under the IBC scheme of PPIRP. Trading on BSE expected around June 3, 2026.
Sensex Drops 480 Points as Oil Prices Spike
Indian stock markets snapped a two-day rally on Tuesday, with Sensex falling 480 points amid a spike in global oil prices. The decline was broad-based.
Rupee Slumps 47 Paise to 95.73 Against US Dollar
The Indian rupee weakened by 47 paise to close at 95.73 against the US dollar on Tuesday, tracking a strong greenback and rising crude oil prices.
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ED Raids Punjab, Chandigarh in Rs 32.67 Crore Fraud Case
The Enforcement Directorate conducted searches at multiple locations in Punjab and Chandigarh in a money laundering case linked to Chandigarh Royale City Promoters and Royale Estate Group, involving alleged fraud of Rs 32.67 crore.
LIC Jeevan Sathi: New Joint Life Insurance for Couples
LIC launches Jeevan Sathi, a joint life insurance plan for couples offering financial protection and savings benefits with flexible premium payment options.
Yatra Online Reports Strong Growth in Revenue, EBITDA, PAT
Yatra Online announced 27.2% revenue growth, 53.2% EBITDA growth, and 28.1% PAT growth for FY26, driven by increased travel demand and operational efficiency.
Neev Foundation Summer Relief Campaign in Six States
Neev Foundation initiates 'Iss Garmi Farq Nazar Aayega' campaign to provide summer relief across six Indian states, targeting vulnerable communities with essential supplies.
Mahamaya Lifesciences FY26 Revenue Up 25% to Rs 328.87 Crore
Mahamaya Lifesciences reports 25% YoY revenue growth in FY26 to Rs 328.87 crore; H2 revenue reaches Rs 165.81 crore, driven by strong operational performance.
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ED Raids Royale Estate Group Offices in Money Laundering Case
The Enforcement Directorate conducted raids at Royale Estate Group offices and promoters' premises in Chandigarh and Punjab in a money laundering investigation linked to alleged financial irregularities.
Continued SIPs During Crisis Yielded High Returns
Investors who maintained their SIPs during market downturns reaped significant gains as markets recovered. A study shows disciplined investing beats timing the market.
Union Bank to Raise Rs 8,000 Crore via Debt, Equity
State-run Union Bank of India approved raising up to Rs 8,000 crore through debt and equity instruments, including Basel III bonds and FPO/QIP, to strengthen capital base.
DLF Golf Links: India's Most Coveted Billionaire Address
Explore DLF Golf Links in Gurgaon, where ultra-luxury homes and a network of India's top billionaires create an unmatched address of prestige, social capital, and record-breaking real estate deals.
Bank Holidays in May 2026: Bakrid Closures Announced by RBI
RBI announces bank holidays in May 2026, including Bakrid (Eid-ul-Adha) on May 27-28. Banks closed in multiple cities. Check full list.
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Inside Gurgaon's Luxury Homes of India's Cricket Stars
Explore the ultra-luxury residences of Virat Kohli, Shikhar Dhawan, and Atul Wassan in Gurugram, reflecting a trend toward privacy, space, and exclusivity in India's premium housing market.
Rising Silver Prices Spur Surge of Impure Bars in India
Soaring silver prices have led to a rise in impure bars and coins in India, prompting calls for mandatory BIS hallmarking and refiners' licensing to curb counterfeiting and protect consumers.
Safaricom Data Centre Earns BSI Mark of Trust
Safaricom's Limuru data centre has been awarded the BSI Data Centre Facilities Mark of Trust, recognizing its high standards in security, resilience, and operational excellence.
Hoymiles Microinverters Get BEE Rating for Solar Efficiency
Hoymiles microinverters have been certified with a BEE rating, setting a new benchmark for solar efficiency in India and enhancing renewable energy adoption.
Delhi Police Arrests Man in Decade-Old Pharma Fraud
Delhi Police arrested Himmat Singh Lodha from Gujarat for duping pharmaceutical companies of Rs 98 lakh in a 2013 case. He was a proclaimed offender with Rs 50,000 reward.
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FMCG Stock Net Profit Surges 88%: Share Price Details
An FMCG company reported an 88% surge in net profit, driving its stock into focus. Check the share price and other key details here.
Sebi to Review Debt Disclosure Norms, Plans Bond Tokenisation
Sebi chairman Tuhin Kanta Pandey announced a review of disclosure requirements for debt-only listed entities and a pilot on bond tokenisation to deepen India's corporate bond market.
ICAI Pune Convocation: CAs Urged to Uphold Ethics and Tech
At the ICAI Pune convocation, over 650 CAs received degrees. Dr. Pradeep Bhargava urged them to uphold ethics, embrace technology, and contribute to society.
Investor Slams Founder Paying Rs 50,000 Despite Rs 5 Crore
An investor criticizes a startup founder for paying himself Rs 50,000 monthly despite having Rs 5 crore in the bank, warning such underpayment signals financial risk to investors.
US Emerges as Key Defence Export Market for India
India's defence exports hit Rs 38,424 crore in FY2025-26, a 62.66% rise, with the US as top destination. Boeing and Lockheed Martin source parts from India.
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CLSS for MIG: Affordable Home Loan Subsidy Scheme
The Credit Linked Subsidy Scheme for Middle Income Group (CLSS for MIG) helps families with annual income up to Rs 18 lakh get interest subsidy on home loans, reducing EMIs.
PPF Calculators: Key Tool for Retirement Corpus Building
Discover how Public Provident Fund calculators help investors estimate retirement savings, plan contributions, and maximize returns with long-term tax benefits.
Anti-Dumping Duties Save India Rs 28,540 Crore: CAG
A CAG report reveals India can save Rs 28,540 crore annually through anti-dumping duties, protecting domestic industries from unfair trade practices and boosting economic resilience.
Parliamentary Panel to Summon Meta, X Over Net Neutrality
A parliamentary panel will summon Meta, X, and other platforms over net neutrality concerns, citing potential violations. Nishikant Dubey leads the probe.
MHADA Mumbai Lottery: 82,000+ Apply for 2,640 Flats, Deadline May 28
Over 82,000 applications have been received for MHADA's affordable housing lottery in Mumbai. With 2,640 flats available across income groups, the deadline is extended to May 28. Learn eligibility, application process, and locations.
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Lord's Mark Industries Secures BSE Listing Under IBC PPIRP
Lord's Mark Industries becomes the first company to receive BSE listing approval under the IBC's PPIRP scheme, with a stock market debut expected in June 2026.
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