ECONOMY & NATION


The Ganesh Chathurti long weekend, when Mumbai virtually stops working, saw a flurry of activity at India’s most storied business house as well as the Reserve Bank of India (RBI). On the face of it, RBI issued a simple regulatory letter on 11th September, rejecting a long pending application...

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Moneylife Digital Team 18 September 2026
Tata Sons Pvt Ltd has approved a fresh five-year term for chairman N Chandrasekaran, reversing his decision last month not to seek reappointment, while the board has also decided to take steps towards listing the holding company in compliance with Reserve Bank of India (RBI) regulations....

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Moneylife Digital Team 18 September 2026
Welcoming Reserve Bank of India’s (RBI's) decision rejecting Tata Sons Pvt Ltd’ application to surrender its registration and paving way for listing, Shapoor Pallonji Mistry, chairman of Shapoorji Pallonji (SP) group, the second largest stakeholder in Tata Sons said, the move provides clarity...

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Moneylife Digital Team 18 September 2026
India's consumer price index (CPI) inflation rose to 4.82% in August, a 20-month high, up from 4.45% in July and above the Reserve Bank of India's (RBI) 4% target for a third straight month, driven by delayed monsoon rains disrupting food supply. Wholesale price index (WPI) inflation climbed to...

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Moneylife Digital Team 18 September 2026
Bank of Baroda’s Kenya operations have come under fresh legal pressure after a High Court (HC) order authorised the attachment and possible auction of the bank’s movable assets to recover KSh2.996bn (billion) or around ₹221 crore awarded to Infinity Industrial Park Ltd, headed by Gujarati...

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Moneylife Digital Team 17 September 2026
Reserve Bank of India (RBI) has cancelled the registrations of five non-banking finance companies (NBFCs), with as many as 4 based in Maharashtra and one from New Delhi. Meanwhile, a total of eight NBFCs have voluntarily surrendered their certificates of registration (CoR) to the central...

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SVVN Babji Rao 17 September 2026
A fictional investigative series inspired by patterns observed in publicly documented corporate governance failures.   It was a December morning in Houston. More people than usual were gathered outside the company's glass-fronted building. Some were carrying files, others cardboard boxes...

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Moneylife Digital Team 17 September 2026
Holding that the quantity of jewellery claimed by a taxpayer is reasonable in view of his age, family circumstances, occupation and customary gifts, the Nagpur bench of income tax appellate tribunal (ITAT) deleted a ₹3.86 lakh addition made for jewellery found during a search. The tribunal also...

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Moneylife Digital Team 17 September 2026
A fresh merchant discount rate (MDR) charge on high-value unified payment interface (UPI) transactions has opened a new front in the payments industry, with petrol pump dealers and retailers warning that the ₹5 fee could push merchants towards cash just as the festive season is set to drive a...

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Moneylife Digital Team 17 September 2026
On the morning of Tata Sons’ most consequential board meeting in years, the fight over whether the holding company must list, moved from a Trust circular to a director’s rebuttal. Late on 16 September, Sir Dorabji Tata Trust (SDTT) issued Circular No. 107 barring Venu Srinivasan from discussing...

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Ritu Yadav (Bar  and   Bench) 16 September 2026
The Supreme Court on Tuesday dismissed a batch of around 271 appeals and special leave petitions filed by the Union government in cases concerning the grant of the disability element of service pension to several retired army officers (Union of India v. Col NC Isaac).   A Bench of Justices PS...

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Moneylife Digital Team 16 September 2026
The Reserve Bank of India (RBI) has filed a caveat in the Bombay High Court to ensure that it gets an opportunity to be heard if legal proceedings are initiated over the proposed stock market listing of Tata Sons Pvt Ltd, according to a Reuters report.   The move comes days after the central...

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Moneylife Digital Team 16 September 2026
The National Payments Corporation of India (NPCI) has introduced a revised merchant discount rate (MDR) framework for select unified payments interface (UPI) transactions, bringing a charge on certain merchant payments above ₹2,000 while keeping UPI completely free for consumers. Under it, a...

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Ritwik Choudhury (Bar  and   Bench) 15 September 2026
The Supreme Court on Tuesday refused to interfere with the Delhi High Court’s dismissal of the plea filed by former National Stock Exchange (NSE) Managing Director and CEO Chitra Ramkrishna challenging her prosecution under the Prevention of Corruption Act (PC Act) on the ground that she was...

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Moneylife Digital Team 15 September 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹27.30 lakh on Asset Care & Reconstruction Enterprise Ltd (ACRE), an asset reconstruction company (ARC), for non-compliance with certain provisions of RBI directions on income recognition.   RBI's statutory inspection of ACRE, conducted...

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The boardroom ruckus at Coforge Ltd—which caught media attention following the resignation of its chairman, OP Bhatt, a few days ago—gained fresh momentum with the resignation of the NRC chairman, DK Singh. The reasons cited by the resigning directors stand in stark contrast to the official...

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Moneylife Digital Team 15 September 2026
The Indian government has formally set a ₹2,000 threshold for unified payments interface (UPI) transactions that are exempt from charges, a move that protects smaller digital payments but also opens the door to a future merchant discount rate (MDR) regime on higher-value transactions. Last...

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Moneylife Digital Team 13 September 2026
HDFC Bank has formally set the process in motion to find a successor to managing director and chief executive officer (MD&CEO) Sashidhar Jagdishan, sending Reserve Bank of India (RBI) the names of two candidates in order of preference for the top job. The Bank did not disclose the names of the...

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Moneylife Digital Team 12 September 2026
The Reserve Bank of India (RBI) has rejected Tata Sons Pvt Ltd’s application to voluntarily surrender its registration as a core investment company (CIC), bringing an end to a long-running uncertainty over the holding company’s regulatory status and putting its stock market listing firmly back...

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Moneylife Digital Team 12 September 2026
Three US law-makers have urged the Trump administration to blacklist three India-based companies over allegations that they have been involved in hack-for-hire operations and a more than 15-year campaign of targeted espionage against US citizens, businesses and lawyers, says a report from...

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