RBI cancels Paytm Payments Bank licence; to approach High Court MUMBAI: RBI on Friday cancelled the banking licence of Paytm Payments Bank with immediate effect, prohibiting it from carrying out any banking business and setting in motion the process for winding up, even as the entity had already been reduced to a runoff institution after…

Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning…

Sensex Today Live: ‘Positive momentum likely’ “Indian equities are expected to regain their positive momentum, supported by renewed buying interest and lower energy prices. Brent crude is at near four-month levels, as vessel movement through the Strait of Hormuz is witnessing steady improvement. Additionally, the southwest monsoon has resumed its advance across the country, improving…

India’s economy is projected to grow at 6.4 per cent in 2026 and 6.6 per cent in 2027, according to a United Nations report, indicating the country’s continued position as a key driver of growth in the Asia-Pacific region.The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in its latest Economic…