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India's consumption stands its ground amid Gulf War tremors

West Asia War: India’s economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger car sales also saw a substantial increase. Digital transactions through UPI experienced significant growth. These positive indicators…

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Bharat Khera assumes charge as MSME Secretary

The 1995-batch IAS officer brings over three decades of administrative experience, including roles in defence, Cabinet Secretariat and state government, succeeding in the key policy position.

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RBI should reject Tata Sons application to deregister as a CIC: InGovern Research

Corporate governance firm InGovern Research Services urged the RBI to reject Tata Sons’ application to deregister as a Systemically Important CIC. The firm argues that regulatory changes and Tata Sons’ structural linkage to public funds via listed group entities make…

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RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil

Reserve Bank of India’s (RBI) proposed shift to an expected credit loss (ECL) framework could lead to a one-time net impact of up to 120 basis points (bps) on banks’ Common Equity Tier-1 (CET-1) ratios, though the overall credit profiles…

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NCLT approves Cigniti-Coforge amalgamation; preserves IT department's GAAR rights

The order was delivered on April 29, 2026, by Judicial member Khetrabasi Biswal and technical member Shishir Agarwal.

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Federal Bank appoints Manikandan M as CFO; Venkatraman Venkateswaran to continue as Executive Director

Private sector lender has appointed internal veteran Manikandan M as Chief Financial Officer effective May 1, 2026, succeeding Venkatraman Venkateswaran, who will continue in his role as Executive Director.

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  • Bank holiday today: Are SBI, HDFC Bank, and other banks closed on Saturday, May 2?

    Banks in India are open today, May 2, 2026, as it is the first Saturday of the month. They will be closed on May 9, May 23, and May 27 as per the RBI's holiday schedule. Online banking and ATMs remain operational during holidays.

  • I asked ChatGPT: SIP or home loan prepayment— what's better? The answer was surprisingly logical

    As a 40-year-old married person with one kid, here's how you can repay your home and car loans while investing in SIPs. Follow this balanced approach to secure financial stability in the long run, as AI said.

  • P2P portfolio: Should you invest in peer-to-peer lending to earn high returns? Experts weigh in

    P2P: In peer-to-peer lending, individual lenders offer unsecured loans directly to borrowers via RBI-regulated online platforms.

  • Are you paying active fees for a passive fund?

    Active share helps you spot whether your “active” fund is actually just tracking the index at a higher cost.

  • Should you replace 5 credit card EMIs with 1 personal loan? ChatGPT explains

    I asked ChatGPT if I should consolidate 5 credit card EMIs into a single EMI by taking a personal loan. Check what the AI chatbot said: 

  • ITR filing 2026: Who can claim meal card benefit before 31 July deadline? Rules explained

    The revised tax treatment for employer-provided meal benefits raises the tax-exempt value to ₹200 per meal from ₹50, effective 1 April 2026. Here's who can claim it. 

  • 5 powerful personal finance books to read this weekend to transform your money mindset and attain financial freedom

    Transform your mindset with powerful personal finance books that build wealth habits, sharpen money decisions, and guide you towards long-term financial freedom through simple, practical and timeless investing principles.

  • 1 crore in 15 years: I asked ChatGPT how to plan my SIP as an Engineer from Bengaluru; Check realistic results from AI

    For a Bengaluru-based Software Development Engineer who is starting out in her/his career, aims to accumulate a corpus of 1 crore in 15 years. Here's how to do it with SIP plans, as suggested by ChatGPT.

  • Dividends, bonus shares and buybacks taxation in India: Rules, rates and reporting process explained

    Income from the stock market is taxed based on its type: dividends are taxed as income, and bonus shares are taxed differently upon sale. Here are the tax rules for dividends, bonus shares, and buybacks.

  • India Post Payments Bank launches SHG savings account: Zero balance, zero charges; key features, benefits explained

    Boosting rural financial inclusion, India Post Payments Bank launches SHG Savings Account to empower women-led SHGs with zero balance banking, doorstep services and secure savings across India.

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