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IndusInd Bank appoints ex-SBI MD Arijit Basu as part-time Chairman; Sunil Mehta to step down

IndusInd Bank has appointed Arijit Basu as Non-Executive Independent Director and Part-time Chairman for a three-year term starting January 31, 2026. Basu, a seasoned banker with experience at SBI and HDB Financial Services, will succeed Sunil Mehta. His appointment aligns…

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Budget 2026: Structured dispute resolution tops tax reform wishlist

Businesses are urging the government to prioritise tax reforms in the upcoming budget. Key demands include quicker resolution of tax disputes and improved certainty in transfer pricing. Streamlining customs procedures and liberalising schemes like MOOWR are also crucial.

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US regulator seeks to bypass Indian government to serve Adani summons

The US Securities and Exchange Commission wants to email summons to Indian billionaire Gautam Adani and executive Sagar Adani. This follows India’s refusal to serve the documents twice. The SEC alleges a fraud and bribery scheme involving $265 million. Adani…

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Davos 2026: Tata Sons set to inject $11 billion in Maharashtra AI innovation city

Tata Group will invest eleven billion dollars to build an Innovation City near Navi Mumbai International Airport. This project includes a data center. Maharashtra’s Chief Minister Devendra Fadnavis announced the plan. International investors are showing strong interest. The initiative aims…

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Apple asks Indian court to stop antitrust body from seeking its financials

Apple is challenging India’s antitrust watchdog in court. The company wants to stop the watchdog from demanding its global financial records. This comes as part of an investigation into Apple’s app store policies. Apple fears huge fines if its global…

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Trump sues JPMorgan Chase, CEO Dimon for $5 ‌billion over alleged 'political' debanking

Former President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging the bank debanked him for political reasons. The lawsuit, filed in Florida state court, stems from Trump’s claims that the bank took…

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News

  • I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…

    An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.

  • Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

    The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.

  • EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

    Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 

  • Why investing in Indian equities may be a bad idea for NRIs and how GIFT City can fix it

    Despite NRIs investing about ₹1.4-1.5 lakh crore in India's stock market for long-term wealth, they face challenges such as hidden taxes and currency depreciation. 

  • Zerodha Capital's net profit rises 20% to ₹14.7 crore as lending business scales up

    Zerodha Capital reported a 44.2% increase in total income to ₹53.5 crore in FY26, with net profit rising 20.5% to ₹14.7 crore, driven by growth in its loan-against-securities business.

  • 'Japan is 100% doable on a real salary': Mumbai influencers share detailed ₹2.4 lakh budget guide

    Japan is often considered one of the world's most expensive travel destinations. However, an Instagram post by travel page Planned Time Off is challenging that perception with a detailed cost breakdown of a 15-day trip covering Tokyo, Hakone, Kyoto, Osaka, Nara and Hiroshima.

  • Personal loans from 8.95%: Compare June 2026 rates of HDFC Bank, ICICI Bank, Axis Bank and other top private lenders

    Fast access to funds comes at a cost. Compare personal loan interest rates, processing fees and key borrowing factors across leading private banks in June 2026 to find a cost-effective loan that suits your repayment capacity and financial goals.

  • I asked ChatGPT to plan perfect monsoon family getaway near Mumbai — Here's what AI recommended

    I asked ChatGPT to plan the perfect monsoon family vacation near Mumbai in the last week of June. Here's what the artificial intelligence chatbot when comparing three hill-station destinations: Lonavala, Matheran, and Mahabaleshwar…

  • Income Tax: ITR-3 Excel Utility released — should taxpayers wait until August or file their returns early?

    The income tax return (ITR)-3 is meant for individuals and HUFs who have income from business or profession. Interestingly, the last date of filing tax return via ITR-3 is 31 August and not 31 July. 

  • SEBI introduces new Gold ETF trading framework with dynamic price bands from 1 September; check details

    Big changes ahead for Gold ETFs as SEBI introduces a new trading framework from September 1. Dynamic price bands, pre-open auctions and revised pricing rules aim to improve price discovery, transparency and investor protection in Gold and Silver ETFs.

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