Oswal Pumps’ profits decline sharply in FY27 despite securing substantial order pipelines, as margin pressures and rising working capital challenge its operational resilience amidst industry-wide shifts in government schemes and solar market opportunities. Oswal Pumps began FY27 under pressure, with…
India’s financial markets are expected to sustain growth supported by domestic demand and services, despite external uncertainties like geopolitical tensions and rising energy prices, according to SEBI’s annual report for 2026-27. India’s financial markets are likely to keep drawing support…
Indian Oil Corporation Ltd is redefining Project Sprint 2.0 to prioritise expanding refining capacity, enhancing retail brand presence, and targeting increased exports, signalling a strategic shift from cost-cutting to market dominance. Indian Oil Corporation Ltd is recasting Project Sprint 2.0…
As consumers face growing credit card debts, the decision to opt for a balance transfer or a personal loan hinges on repayment timelines, costs, and borrowing capacity, with recent guides highlighting what each option offers in the evolving financial landscape.…
Cybercriminals are deploying sophisticated fake alerts mimicking Apple and Amazon branding to deceive users into divulging personal information, prompting renewed vigilance for online scams. A new scam is exploiting the fear of unauthorised charges by flashing full-screen warnings that claim…
Fraudsters are increasingly using patience, emotional manipulation, and social media familiarity to target vulnerable individuals, especially older adults, with tactics that are becoming harder to detect. Experts emphasise the importance of verifying relationships and fostering community connections to prevent exploitation.…
HDFC Bank has lowered its marginal cost of funds-based lending rate (MCLR) across most tenures by 5 basis points, potentially easing borrowing costs for some clients from August 7, 2026. However, the impact on loans varies depending on the benchmark…
The Income Tax Department urges freelancers, small business owners, and professionals to submit their non-audit returns by August 31, 2026, highlighting the importance of timely filing to avoid penalties and late fees for assessment year 2026-27. The Income Tax Department…
The Seamen’s Provident Fund Organisation introduces faster withdrawal processes, enabling eligible seafarers to access funds quickly during income lags for medical, housing, and family milestones. Seafarers facing long gaps between contracts can use the Seamen’s Provident Fund Organisation as a…
The Indian Income Tax Department is finalising rules to enable online application for lower or nil tax deducted at source certificates, aiming to simplify compliance for small taxpayers and bolster its digital tax administration. India’s Income Tax Department is drafting…
