CBI files Rs 1,816 crore EPFO investment fraud case against Reliance Capital

IANS | August 1, 2026 2:22 PM

New Delhi, Aug 1 (IANS) The Central Bureau of Investigation (CBI) on Saturday said it has registered an FIR against Reliance Capital Limited in Mumbai, its former Chairman Anil Ambani, unknown public servants and other unknown persons, for allegedly causing a wrongful loss of Rs 1,007.55 crore, along with an interest liability of Rs 808.67 crore, by committing offences including criminal conspiracy, cheating, criminal breach of trust and criminal misconduct.

India's auto sector posts robust July sales on sustained SUV demand

IANS | August 1, 2026 1:58 PM

New Delhi, Aug 1 (IANS) India's passenger vehicle industry witnessed robust growth in July as leading automakers posted strong year-on-year sales on Saturday, led by sustained demand for SUVs, a sharp rise in electric vehicle sales and healthy export momentum.

Over 5.9 crore taxpayers file ITRs by July 31 for AY 2026-27

IANS | August 1, 2026 1:31 PM

New Delhi, Aug 1 (IANS) More than 5.9 crore income tax returns (ITRs) have been filed for the Assessment Year (AY) 2026-27 by the July 31 deadline, the Income Tax Department said on Saturday, while thanking taxpayers for their timely compliance.

ITR deadline, RBI MPC meet among key financial deadlines, events in August

IANS | August 1, 2026 12:33 PM

New Delhi, Aug 1 (IANS) August brings a slew of financial deadlines and events that could affect taxpayers and banking customers, including an August 31 income tax return (ITR) deadline for businesses and professionals, the Reserve Bank of India's Monetary Policy Committee (MPC) meeting and bank service charge changes.

RBI may hold rates in August MPC as Q1 growth likely to cross 7 pc: Report

IANS | August 1, 2026 11:28 AM

New Delhi, Aug 1 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in its Monetary Policy Committee (MPC) meeting this month, as consumer price inflation is expected to remain above 5 per cent for the next two quarters and Q1 FY27 domestic product growth may exceed about 7 per cent, a report said on Saturday.