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India’s rising FX reserves, leaner forward book bolster rupee shield

UK-INDIA-RUPEE-India’s rising FX reserves, leaner forward book bolster rupee shield

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Dulux Paint maker AkzoNobel names Fredrik Westin as CFO

AkzoNobel has appointed Fredrik Westin as Chief Financial Officer, effective January 1, 2026, succeeding Maarten de Vries. Westin brings over 25 years of global experience in industrial and automotive sectors, most recently serving as CFO at Autoliv. De Vries will…

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Low audit fees, regulatory overload hinder India’s global aspirations: Jamil Khatri

India’s ambition to build homegrown global professional services champions faces deep hurdles, warns Jamil Khatri, ex-KPMG India audit head and CEO of Uniqus. With poor pay, regulatory fear, restrictive ICAI rules, and fading talent interest, can India revive its audit…

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JSW Group secures ₹9,300-crore financing for Akzo Nobel acquisition

JSW Group has secured ₹9,300 crore to acquire Akzo Nobel India. The funding includes debt and convertibles. Foreign lenders and domestic mutual funds are participating. JSW Paints will raise operating company debt. Convertibles are at the JSW Group level. Sajjan…

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RBI holds steady on gold purchases amid price forecast and geopolitical tensions

The Reserve Bank of India has paused its gold purchases in FY26, anticipating a price decline due to easing geopolitical tensions and potential US Federal Reserve rate cuts. Despite a global trend among central banks to increase gold reserves, driven…

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EASE reforms supported PSU banks in advancing ‘Viksit Bharat’ vision: IBA chief executive

EASE reforms have significantly bolstered public sector banks, enabling them to contribute to India’s Viksit Bharat vision through enhanced MSME outreach and improved credit access. PSBs are also embracing GenAI, strengthening data governance, and adopting cloud technologies for operational efficiency.…

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  • Safe personal loan EMI on ₹30,000 salary: Simple budgeting tips explained

    Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.

  • Can cancelling a credit card hurt your score? Here's how to minimise the impact on your credit history

    A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history…

  • I-T returns: Want to verify if your Income-Tax notice is authentic? Here's a stepwise guide for how to do so

    Filing income tax returns online has simplified the process, but it can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity.

  • 5 reasons strong savings rate matters more than market returns in building a secure and sustainable retirement plan

    A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.

  • Salary ₹50,000? Here’s how much PF corpus you can build in 20 years

    EPF corpus from a ₹50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching ₹40–60 lakh with salary increments.

  • Section 80C: Here's how you can unlock up to ₹1.5 lakh tax deductions in Income-Tax return filings

    Section 80C provides taxpayers with deduction benefit up to ₹1.5 lakh for investment in certain government saving schemes during a given financial or assessment year. Here's how you can claim the tax benefit…

  • Lost or stolen credit card? Here are 6 steps to follow to avoid financial loss

    A lost or stolen credit card requires immediate action, including blocking the card, checking transactions, reporting to the bank, disputing fraud, securing accounts, and requesting a replacement to prevent financial loss.

  • DA hike: IBA announces Dearness Allowance increase in bank employee salaries for May, June, July 2026 — Details

    The government revised the Dearness Allowance (DA) for bank employees for May, June, and July 2026, impacting salaries for workmen and officer employees. Here's how this impacts monthly pay for bank staff…

  • How bureau and account aggregator data are redefining lending risk

    The evolution of lending practices towards precision underwriting emphasizes using both historical and real-time data for improved risk management.

  • 8th pay commission: State visits to Telangana, Ladakh and Jammu & Kashmir planned in May and June — Check latest updates

    8th central pay commission: The 8th CPC has planned state visits to Telangana, Ladakh and Jammu & Kashmir in May and June 2026. Here's a look at the latest updates as the panel calls for consultations.

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