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MobiKwik fraud triggers demand for deeper probe into fintech platforms

A major fraud of around Rs 40 crore has raised serious concerns about the safety of fintech platforms after Gurugram Police arrested six people for exploiting a technical glitch in the MobiKwik app.

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Global AI ethics standards in works, will be adopted once finalised: Consumer Affairs Secretary

Consumer Affairs Secretary Nidhi Khare highlighted India’s active role in shaping global AI standards, emphasizing ethical considerations at international forums. Discussions at the IEC address responsible AI use, with 39 standards existing and 45 under development. Concerns were raised about…

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IndiGo onboards Amitabh Kant as addl director after getting security approval

IndiGo announced that Amitabh Kant has been appointed as an additional director on its board, effective September 15, 2025. This follows the receipt of security clearance from the Ministry of Civil Aviation. Kant, previously the CEO of Niti Aayog and…

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India’s GDP to grow 6.5% in FY26 up from previous estimates despite tariff concerns: Report

India’s economy is set to grow faster at 6.5 per cent in FY2026, up from the previous expectation of 6 per cent, due to GST reforms that will cushion the blow from steep US import tariffs, a report said on…

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GST reforms to inject Rs 2 lakh crore into economy, says Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman announced that next-generation GST reforms will inject ₹2 lakh crore into the economy, boosting disposable income. The reforms include reducing GST slabs, with most items previously taxed at 12% now at 5%, and items at…

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India Inc cheers Modi-Trump birthday connect, hopes for boost in US trade talks

U.S. President Donald Trump’s birthday call to Prime Minister Narendra Modi is more than a courtesy, it signals a potential strategic reset in India-U.S. ties. Will it accelerate stalled trade talks, ease punitive tariffs, and give India Inc a push…

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Gold, silver prices today, 19 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 19 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
What is a ‘boss scam’? 5 ways to protect yourself from CEO fraud
A Chennai firm allegedly lost ₹1.90 crore after a WhatsApp message posing as its managing director, leading to a Delhi arrest. Here’s how the ‘boss scam’ works, the warning signs of CEO impersonation fraud, and five steps to verify payment requests and report cyber fraud on helpline 1930.
8th Pay Commission: What is dearness relief and how is it different from DA? Expert explains
As the 8th Pay Commission meets in Mumbai on 22-23 October, here’s how dearness allowance (DA) differs from dearness relief (DR), what unions are demanding, and what central government employees and pensioners can realistically expect before the final report due by May-June 2027.
Got refund for online shopping after cancelling order but your credit card bill still shows due amount? Should you pay?
Credit card refunds usually return to the card account, reducing the balance or restoring available credit, and may take 5–14 days to appear. Here's what to do if your billing date is near but the refund has not been credited yet.
How should you withdraw money after early retirement? Expert explains the 3-bucket strategy for your FIRE corpus
The three-bucket strategy can help people achieving financial independence and early retirement (FIRE) manage expenses and market volatility. It divides investments into liquid savings for immediate needs, a balanced portfolio for medium-term expenses and equity for long-term growth.
₹3,000 pension won't block parents' medical reimbursement for Haryana govt employees, High Court rules
The Punjab and Haryana High Court has ruled that Haryana government employees cannot be denied medical reimbursement for dependent parents solely because they receive a ₹3,000 monthly old-age pension, directing authorities to release admissible claims within two months.
NRI's ₹3.41 crore FCNR deposits flagged as unexplained money after tax officer mistook yen for rupees, ITAT gives relief
An NRI won relief from a ₹3.41 crore income tax addition after ITAT Jaipur found that the assessing officer had mistaken Japanese yen figures for rupees. Bank records established the source of her FCNR deposits, prompting deletion of the addition.
Want to retire early? How to split ₹1 lakh in monthly investments between short-term goals and FIRE, expert explains
Early retirement requires balancing short-term financial goals with long-term wealth creation. Expert explains how to allocate ₹70,000 or ₹1 lakh in monthly investments towards FIRE, account for inflation and choose an appropriate equity-debt mix to build a retirement corpus.
FD maturity mistake: Fixed deposit matured but you forgot to withdraw money? What happens to your amount? Renew or not?
When a fixed deposit matures, its payout depends on the depositor’s instructions and the bank’s rules. Here are your options and whether you should renew or not.
Best-performing SIFs: Quant leads hybrid long-short funds with 25.5% returns in 6 months; check how peers performed
Quant Mutual Fund’s QSIF Hybrid Long-Short Fund returned 25.5% in six months, ahead of Aditya Birla Sun Life Mutual Fund’s Apex at 6.78%. QSIF also led over three months and since inception.