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Walmart bets on AI super agents to boost e-commerce growth

Walmart will soon introduce four AI super agents. These agents will assist customers, employees, suppliers, and developers. The aim is to enhance shopping and streamline operations. These agents will replace existing AI tools. Walmart hopes to boost e-commerce growth with…

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Anil Ambani’s Reliance Communications loan fraud totals Rs 14,000 crore: Sources

Anil Ambani’s Reliance Communications has been accused of loan fraud exceeding ₹14,000 crore, according to ED sources. SBI has labelled RCom and Ambani as “fraudulent” under RBI norms and plans to approach the CBI. Canara Bank was also defrauded of…

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Shanti Gold Int’l raises Rs 108 cr from anchor investors ahead of IPO

Ahead of its IPO, Shanti Gold International secured over ₹108 crore from anchor investors like Societe Generale. The IPO, opening July 25, aims to raise ₹360 crore through a fresh issue of shares priced between ₹189 and ₹199. The funds…

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Whisky deals: India’s drinking habit shapes trade talks

India’s burgeoning alcoholic beverage market, driven by a growing premium segment, is attracting global attention and trade deals. The India-UK FTA slashes import duties on whisky and gin, while similar agreements with the US and Australia are reducing tariffs on…

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RBI to hold rates in August, expected to cut again later this year: Poll

Economists predict the Reserve Bank of India will maintain its repo rate at 5.50% in August, following a larger-than-expected cut in June. While subdued inflation allows for rate cuts, the strong economic growth of 7.4% provides the central bank room…

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India-UK FTA a transformative moment in global economic landscape: India Inc leaders

The India-UK free trade agreement is a major step. It will reduce tariffs on Indian exports to the UK. British firms can export more easily to India. Industry leaders believe it will help both economies. It will create jobs and…

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  • Bank holidays next week: SBI, HDFC, others closed on these days between 4 and 10 May; check RBI calendar

    Private and public sector banks in India will be closed for two days between May 4 and 10, 2026. Customers can use online services for transactions during these periods. 

  • Section 80C income-tax relief: From PPF to EPF and NPS — Here's which investment options give you ₹1.5 lakh deduction

    Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to ₹1.5 lakh in a financial year. Here are the investment options you can choose from:

  • 2008 housing crash fears resurfaces — but can buyers really follow Dave Ramsey’s 25% mortgage rule in 2026?

    Concerns about a housing market crash are growing among Americans as mortgage rates rise and inflation increases. Financial experts recommend keeping housing costs below 25% of income, though this is becoming difficult with rising home prices. However, a major crash like in 2008 seems unlikely.

  • DA: Highest Dearness Allowance increase of 11% was in 2021 in the 7th CPC — Here's how much hikes have been announced

    DA hike: The highest hike for Dearness Allowance of central government employees came in 2021 with an 11% increase from the central pay commission. Here's a look at what increments have been announced over the past few years…

  • 8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?

    8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process…

  • Bank deposit risk explained: What happens to your money if a lender fails to return it?

    Bank deposits are generally safe, but in case of bank failure, only ₹5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here. 

  • Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared

    Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.

  • Sovereign Gold Bonds: RBI announces redemption price for 2018 series payable on 4 May; here's how much you gain

    The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at ₹14,901 per unit, payable on 4 May 2026. Investors could see gains of nearly 386% from the issue price of ₹3,114 per unit.

  • Income tax: How much cash can you deposit to prepay home loan principal without attracting I-T notice?

    Income tax rules discourage cash transactions, limiting annual deposits to ₹10 lakh. Experts recommend using savings accounts for cash deposits

  • How to claim stuck NPS funds with interest? Step-by-step guide for subscribers

    Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Authority. Full details here.

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