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India’s FY26 growth aim goes up to 7.2% as tax cuts fuel demand: ADB

This upgrade is fueled by robust domestic consumption, supported by recent tax cuts. The Reserve Bank of India also increased its growth estimate. Strong manufacturing and services sectors are contributing to this positive outlook. Inflation is expected to ease.

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Amazon to pay more than $580 million to settle tax probe in Italy

Amazon has settled a tax dispute with Italy’s tax agency for 510 million euros. However, Milan prosecutors are not in agreement with this settlement. They plan to continue their criminal investigation into Amazon. This is one of several cases involving…

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AI’s gold rush isn’t about inventing, it’s about adopting, Nadella says as Microsoft bets $17.5B on India

Microsoft CEO Satya Nadella emphasised that rapid AI adoption, not just invention, will determine winners in the global race. He highlighted India’s unique position to accelerate in the AI era, announcing a record $17.5 billion investment to build infrastructure, skills,…

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India’s IndusInd Bank chairman to step down in January amid organisational overhaul, sources say

INDIA-BANKS-INDUSIND-India’s IndusInd Bank chairman to step down in January amid organisational overhaul, sources say

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ADB sharply revises upward India’s GDP growth to 7.2pc for FY26

The Asian Development Bank has significantly upgraded India’s FY26 growth forecast to 7.2%, driven by robust domestic consumption boosted by recent tax cuts. This upward revision also lifts Asia’s growth projection. India’s strong performance in the first half of FY26…

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SEBI undertaking comprehensive review of MF, stock broker and LODR regulations: chairman

Delivering the keynote address at the ETBFSI Converge Summit 2015, Tuhin Kanta Pandey said that SEBI will propose the idea of a consolidated financial asset statement for households, with all financial assets reflected in one place, in the inter-regulatory forum.

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  • SCSS gives 8.2% returns, but are Small Finance Bank FDs a better choice for senior citizens? Check out now

    SCSS provides government-backed safety and regular quarterly income, while Small Finance Bank FDs offer flexibility and competitive rates. Explore a detailed comparison of returns, risk, liquidity and tax advantages before choosing the right retirement investment strategy.

  • RBI revises deposit interest rate rules: What fixed deposit investors should know before investing from October 1

    The RBI's revised deposit interest rate framework takes effect from October 1, 2026. While banks get more flexibility in pricing bulk deposits, retail FD investors will see greater transparency and uniformity in interest rates.

  • ITR filing deadline is over: Received a tax notice after July 31 due date? Here's how you should respond

    Taxpayers should not overlook income tax notices post-ITR submission. Responding promptly via the e-filing portal is crucial to avoid penalties, as non-compliance can lead to higher tax assessments and even prosecution in severe cases.

  • Here's how this millennial became a millionaire — Housing hacking and investing in index funds, strategy explained

    Millennial investor Todd Baldwin became a millionaire in his 30s by employing a combination of real estate and equity investment. Here's how he used the housing hacking strategy to gain rental income and invested it in index funds. 

  • Bank holidays this week: SBI, HDFC, ICICI, PNB to remain closed for upto 3 days — Check RBI calendar here

    Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks across India will be closed for upto three days this week, but digital platforms like UPI and banking apps will remain operational.

  • The motorcycle and the Ferrari: when to indulge and when to hold back

    Buy the Ferrari, by all means, on the day you become the person who has earned it. Until then, it's fine to admire one zooming past, and getting on with the un-Ferrari years that are the real work.

  • Higher social security payouts for Americans in 2027 may put the retirement programme at risk — Here's how

    US President Donald Trump's policies have pushed up inflation, which has increased the potential social security payouts for Americans in 2027, and threatened to put the US' retirement programme at risk.

  • Labour codes to ensure social security for millions of gig workers in India, says Mandaviya — Here's all we know

    The central government will ensure gig workers in India have access to social security scheme benefits through implementation of the labour codes, Union Minister Mansukh Mandaviya told Rajya Sabha. 

  • Social Security SSI August payment arrives early: Why August payments arrived early and who is eligible

    Social Security benefits vary by retirement age, with a maximum of $5,181 available at 70. For 2026, benefits at 62 are $2,969, at 67 are $4,152, and payments are adjusted for SSI due to calendar changes, emphasising separate programs for different needs.

  • 8th pay commission: Delhi, Chennai, Puducherry, Chandigarh — Full list of state visits and meetings in August, September

    8th pay commission: Delhi, Chennai, Puducherry, Chandigarh and Mumbai — Here's a full list of cities and dates that the 8th CPC is set to conduct state visits and meetings in August and September 2026.

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