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RBI’s free-AI framework will require governance structures, capacity building

This framework aims to ensure fairness, robustness, and explainability in AI systems, requiring traceable logic and unbiased outcomes. While upfront costs may pose challenges, long-term benefits like improved decision-making and increased customer trust are anticipated.

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Sectoral impact: Industry to sit down with RBI for tariff assessment

Reserve Bank of India will meet with industry leaders to discuss the impact of US tariffs. The consultation is planned for September. It will assess how the 50% tariffs affect various sectors. Labour-intensive industries may face significant challenges. The meeting…

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Sebi asks merchant bankers for ‘realistic’ IPO valuations

Varshney observed that some companies make high valuations and then their prices go down after listing.

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Beverage companies seek ‘sugar-based’ tax in line with global models

The Indian Beverage Association urges the finance ministry for a sugar-based taxation system, aligning with global standards, ahead of a crucial GST Council meeting. They argue the current 40% tax on all aerated drinks, including healthier low/no-sugar and fruit-based options,…

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Cable TV body urges FM to slash GST to 5% amid stress

The All India Digital Cable Federation (AIDCF) has urged the government to lower the GST on cable TV services from 18% to 5%, citing financial strain on operators and rising consumer costs. AIDCF argues that this reduction would align with…

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Tariff not a cause for panic, impact unlikely to be as severe as feared: Govt sources

Despite the United States imposing an additional 25% tariff on key Indian goods, bringing the total levy to 50%, government sources suggest there’s no need for panic. They believe the impact will be less severe than feared due to the…

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News

  • EPFO: Complete guide to EPF withdrawal — Eligibility, rules, limits, forms, conditions for partial claims, FAQs answered

    EPFO: We take a look at the frequently asked questions when it comes to provident fund withdrawal process. Here's a complete guide to EPF withdrawal eligibility, rules, limits, form requirements, and conditions for partial claims.

  • Can you gift overseas property tax-free? What returning NRIs and OCIs should know

    Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.

  • Gold for cash: Indian households sold 50 tonnes of yellow metal in Apr-Jun quarter amid price crash fears, says report

    Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know…

  • From ITR deadline to passport fee hike: 4 financial changes in July that may impact your personal finances

    Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.

  • How NRI money could allow Indian banks to lend more to businesses? Axis Bank CEO explains

    Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.

  • 8th pay commission: Check how much salary could increase with conservative 2.1 and optimistic 3.83 fitment factor

    8th pay commission: Multiple groups, industry watchers, and reports estimate fitment factor could rise up to 3.83. Today we calculate how the conservative and optimistic estimates could each impact your salaries

  • How rupee movements directly affect your gold ETF returns: Experts explain the impact

    For Indian investors, gold ETF returns are driven by global gold prices and currency movements. A weaker rupee can amplify gains, while a stronger rupee can reduce them. However, experts caution against making investment decisions solely on exchange rate expectations.

  • Axis Greater China Equity FoF vs Edelweiss Greater China Equity Offshore Fund: Risks, returns and portfolio compared

    Edelweiss Greater China Equity Offshore Fund has delivered slightly higher average returns and marginally better risk-adjusted performance, while the Axis Greater China Equity FoF has experienced lower volatility and has a higher Sortino ratio.

  • Dearness Allowance: What is DA merger and why the issue is in focus now, explained

    Dearness Allowance: DA and DR are revised twice annually based on the All-India Consumer Price Index (AICPI) formula as prescribed under the 7th central pay commission. Today, we explain DA merger and why the issue is in focus now.

  • Can your tax refund be denied if you missed filing ITR last year? Here are your options

    Missing the income tax return deadline doesn't eliminate the possibility of claiming a refund for excess tax deduced in FY 2024-25, but options are limited. Details here. 

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