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Axis Bank appoints Rajeev Mantri as new finance chief, replacing Puneet Sharma

Axis Bank welcomes Rajeev Mantri as its new finance chief, marking a pivotal moment in its leadership. With almost thirty years of expertise, previously as Chief Financial Officer at Bandhan Bank, Mantri steps into this role amidst a broader trend…

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Deloitte projects 6.5-6.8% GDP expansion in FY27, growth to strengthen in second half

Deloitte forecasts India’s economy to grow between 6.5 and 6.8 percent this fiscal year. Growth is expected to strengthen in the second half, supported by festive demand and easing monetary policy. Geopolitical tensions and weather uncertainties pose significant downside risks…

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AI-powered cyber threats force banks to step up cybersecurity investments

With six of the seven cyber threats identified last year now operational, banks are accelerating investments in cyber resilience, AI-led fraud detection and operational security as regulators sharpen their focus on technology risks.

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RBI Governor flags Iran war, weak monsoon as the biggest risks to India’s inflation and economic growth

Elevated inflation persists due to West Asian tensions and a weak monsoon outlook. The Reserve Bank of India maintains its policy rate, diverging from global peers. Governor Malhotra stated that domestic inflation pass-through has remained limited so far. India’s economic…

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Reliance Retail to expand online biz aggressively in FY26, focus on disciplined growth: CFO

Reliance Retail plans aggressive online expansion this financial year. The company will invest in infrastructure and improve operational metrics. JioMart will grow its dark stores and omnichannel platforms. Reliance Retail aims for positive unit economics in every market. This expansion…

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Lok Sabha Monsoon Session: Government likely to push five new bills, prioritises pending FCRA bill

The upcoming session will likely prioritize the Income-tax (Amendment) Bill, 2026, and the Supreme Court (Number of Judges) Amendment Bill, 2026, both of which are designed to replace existing ordinances. Alongside these measures, the government will also take up the…

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  • ₹16,649 crore unclaimed in LIC and inactive EPF accounts: What Centre's latest update means for you

    Over ₹16,649 crore lying in old LIC policies or inactive EPF accounts, says the Centre. Recovering dues requires checking past insurance, provident fund records, updating KYC and contact details, and responding to official reminders.

  • 8th Pay Commission: Gazette mandate on NPS and UPS differs sharply from employees' demand for OPS restoration

    The 8th Pay Commission is reviewing NPS and UPS benefits under its mandate, while employee unions continue to demand the restoration of the Old Pension Scheme. Here is how the Gazette notification differs from employees' key pension demands.

  • Did F&O or intraday trading last year? Your ITR filing due date isn't July 31

    In India, intraday and F&O trading profits are taxed differently. Intraday trading is speculative business income, while F&O is non-speculative. Taxpayers must file ITR-3 or ITR-4 depending on specific conditions. Here are the deadlines.

  • Claiming a deceased family member's mutual funds made less cumbersome: What SEBI has changed

    SEBI has asked AMFI to simplify the industry's transmission norms, making it less cumbersome for nominees and legal heirs to claim rights on mutual funds after the investor's death. Here's what changed under the revised framework.

  • Aadhaar app crosses 4 crore downloads: Full list of services available on the new app

    The new Aadhaar app achieved 40 million downloads so far. The redesigned app replaces mAadhaar aap and offers a wide range of Aadhaar-related services. Full list here.

  • Buying gold? This simple COMEX calculation can tell if you are being overcharged

    By converting international gold prices into Indian rates, you can find the actual gold cost in India and better understand whether your jewellery bill reflects a reasonable price.

  • HDFC Balanced Advantage Fund vs Parag Parikh Dynamic Asset Allocation: Same category, but equity exposure 71% vs 15%

    Balanced advantage funds can have vastly different portfolio structures despite belonging to the same SEBI category. Variations in equity, debt and cash can lead to distinct risk profiles and return outcomes, making portfolio composition an important factor to evaluate.

  • EPS rules explained: Eligibility, withdrawal and pension

    Confused about the Employees' Pension Scheme and its rules? This guide breaks down complex aspects, including contribution methods, eligibility, and pension calculations. With increasing cases of claim rejections, being informed is key. 

  • Job switch leads to ₹1.69 lakh tax liability despite both employers deducting TDS correctly: Here's why Form 12B matters

    Switching jobs during a financial year can leave salaried employees with an unexpected tax liability even if both employers deducted TDS correctly. The gap arises because TDS is calculated employer-wise, while final tax is based on total annual income. Form 12B can help avoid this mismatch.

  • How to lock and unlock your fingerprints and iris using new Aadhaar App

    The Aadhaar biometric lock/unlock feature has gained significant adoption, with residents using it more than 1.91 crore times, according to MeitY. This security feature allows Aadhaar holders to prevent unauthorized biometric authentication using their fingerprints, iris and face data.

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