India’s real-time payments network National Payments Corporation of India reported record activity on the Unified Payments Interface (UPI) in March 2026, with total transactions reaching 22.64 billion, the highest-ever monthly volume to date. In value terms, UPI transactions stood at ₹29.53 lakh crore during the month, according to official data. The figures mark a rise…
A proposal in the Companies (Amendment) Bill, 2026 to relax statutory audit requirements for certain companies could reduce compliance burdens for smaller businesses, though its final impact will depend on how eligibility is defined. The Bill proposes inserting a new Section 139(12) in the Companies Act, 2013, enabling the government to exempt specific classes of…
The Income Tax Department has introduced a new website and an AI-based assistant called Kar Saathi, aimed at simplifying compliance under the Income Tax Act, 2025. The launch coincides with a nationwide awareness campaign, PRARAMBH 2026, intended to guide taxpayers through the updated rules and procedures. The new website consolidates information related to income tax,…
Investors are advised to stay disciplined with long-term strategies despite market volatility and global uncertainty. Portfolio allocation across equity, fixed income and commodities remains important, with staggered investments preferred over lump sum for most participants. Exposure within equities can be diversified across market caps, while sector positioning may include financials and manufacturing. Fixed income strategies…
Air India has revised the structure of its Maharaja Club loyalty programme, with changes to redemption rates, cancellation rules, and tier qualification criteria effective April 1. Under the revised framework, the number of points required for award flights and upgrades has been reduced across a large part of the airline’s network. Economy class redemptions have…
The Securities and Exchange Board of India (SEBI) has proposed a framework allowing prepaid gift cards and digital wallets, known as Prepaid Payment Instruments (PPIs), to be used for subscribing to mutual funds. The consultation paper, open for public comments until April 14, aims to integrate gifting and investing while maintaining investor safety and regulatory…
India’s personal finance landscape is evolving, driven by the growth of digital lending and green finance products, according to Kapil Garg, Managing Director of Mufin Green Finance. How digital lending is expanding access Digital lending has grown rapidly in recent years, improving access to credit for a wider range of consumers. Garg highlighted that cumulative…
MSE appoints Market Makers for its equity segment, plans liquidity enhancement from April 2026 to boost price discovery, stability and trading activity under SEBI recognition By CNBC-TV18 April 2, 2026, 5:32:53 PM IST (Published) 1 Min Read The Metropolitan Stock Exchange of India (MSE) has completed the appointment of Market Makers for its equity segment. The…
A shift in consumer behaviour, particularly among younger cohorts, is beginning to influence how discretionary spending is allocated, with a tilt toward experiences over upfront or fixed purchases, according to industry experts. Short, frequent, and selective spending There is a trend toward shorter, more frequent indulgences rather than large, pre-planned expenses. “There’s definitely been a…
As the new financial year 2026-27 begins, salaried employees need to note that changes in Tax Deducted at Source (TDS) rules have come into effect from April 1. The Income-tax Act, 2025 has introduced updated section numbers, revised forms, and new compliance requirements, affecting how employers calculate and deduct tax from salaries. New TDS computation…
