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Govt sets up India Digital Payment Intelligence Corp to contain cyber frauds

India Digital Payment Intelligence Corporation has been established to combat cyber financial frauds. This new entity will share real-time fraud intelligence and alerts with financial institutions. The government is strengthening cybersecurity measures for financial institutions across the country. CERT-In monitors…

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Vivid Electromech Appoints New Chief Financial Officer and Company Secretary to Strengthen Leadership

Mumbai (Maharashtra) [India], Vivid Electromech Limited (NSE: VIVIDEL), a leading player in the power supply, traction, and electro-mechanical systems space, is pleased to announce that pursuant to the announcement made following the meeting of the Board of Directors held on…

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ITC Infotech partners with Google Cloud to drive agentic AI transformation

ITC Infotech and Google Cloud forge a strategic alliance for enterprise AI transformation. The company will become customer zero for Google’s Gemini Enterprise platform. This integration aims to accelerate software engineering and automate corporate functions. Joint Centers of Excellence will…

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India's cities need $2.4 trillion by 2050, but where will the money come from

Indian cities need $2.4 trillion by 2050 for climate resilience and low-carbon development. Municipal corporations face significant revenue and capital access limitations currently. Urban infrastructure investments of $840 billion are projected over the next fifteen years. Cities must become investment-ready…

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Govt companies request RBI to extend concessional forex swap by three months

Public sector firms want the RBI’s forex swap facility extended by three months. This facility helps government companies hedge dollar costs for external borrowing.

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Rupee's RBI-spurred rally faces twin headwinds of oil volatility, Fed uncertainty

The Indian rupee’s recent recovery may falter due to volatile crude oil prices. Lingering Federal Reserve rate concerns also temper the positive momentum for the currency. The Reserve Bank of India’s intervention is expected to continue supporting the rupee. Oil…

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Supreme Court sets aside ₹425 crore penalty over fake legal citations, says material appears to be ‘hallucination of AI’
The Supreme Court set aside a ₹425.27 crore customs penalty after finding that the order relied on AI-generated legal material. The diamond trader will now face fresh adjudication by a different customs officer, while the court warned against relying on unverified AI-generated case law.
Planning to quit your job at 40? Know what happens to your EPF balance and interest after leaving work
Leaving your job at 40 does not necessarily stop EPF interest immediately. Under current EPFO guidance, an eligible EPF balance can continue earning interest until you turn 58.
Hindu undivided family tax benefits: Can salaried individuals also take advantage of them? Details here
Creating a HUF allows families to benefit from independent taxation, separate deductions, and wealth management. However, merely establishing an HUF doesn't lower tax liability. Here's whether salaried individuals can form one. 
₹25L bank deposit lands Bengaluru woman in tax trouble; officer links it to property sale — here's how she won
Income tax authorities questioned a ₹25 lakh deposit by a Bengaluru resident. The cash deposit was subsequently treated as unexplained money and added back to her income. Here's why ITAT Bangalore still ruled in her favour.
EMI affordability: When does an ‘affordable monthly payment’ become unaffordable? Experts explain
A manageable EMI is about more than a low monthly payment. Experts explain the 30% EMI rule, debt risks and how borrowers can assess loan affordability while protecting savings and financial security. Seeking professional guidance is a must when faced with financial hardships. 
Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 5
September 5 is Teachers' Day in India, but banks remain open as it is the first Saturday of the month. RBI guidelines mandate bank closures on specific Saturdays and Sundays. Details here.
Could your credit card pay for a luxury hotel stay? How to maximise reward points
Frequent travelers can leverage credit card reward points for hotel stays, unlocking loyalty benefits and free-night awards. It's crucial to strategically redeem points and compare cash prices with point requirements for maximum value, especially when hotel rates are high.
How to safely replace a damaged credit card
The Reserve Bank of India (RBI) requires card issuers to provide customers with clear mechanisms for reporting lost, stolen or misused cards, along with multiple channels through which cardholders can contact them
Retail sugar price falls 3.85% but remains above ₹62/kg ahead of festive season; check rates
Retail sugar price has dropped 3.85% to ₹62.57 per kg in a week, data from the Consumer Affairs Ministry showed. The slight drop follows recent government measures, including allowing imports and tightening of stockholding norms for dealers. 
Delivery, ride-hailing and home services — Gig workers earn 2.5x compared to similar formal and informal jobs: Report
Delivery, ride-hailing and home services — Gig internet workers earn 2.5x, at ₹138 per hour, compared to ₹54 per hour, earned in other similar formal and informal jobs, according to a Redseer Report.