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TCS layoffs are a reminder that AI has crashed the tech party, and redirected the paychecks

Tata Consultancy Services plans layoffs as AI transforms work. Roles needing AI skills see higher pay. Microsoft also cuts jobs while investing in AI. Demand for AI skills grows outside tech, especially in marketing and HR. Lightcast offers tools to…

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Bank credit to real estate sector nearly doubles to ₹35.4 lakh crore in 4 years: Colliers

Bank credit to India’s real estate sector has nearly doubled in the last four years, reaching Rs 35.4 lakh crore by March 2025, signaling growing lender confidence. The sector’s financial health has improved significantly post-pandemic, outperforming other major industries. Top…

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India retail credit squeeze threatens central bank’s consumption revival hopes

INDIA-BANKS/RETAIL LENDING (PIX)India retail credit squeeze threatens central bank’s consumption revival hopes

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Pepsico Bottler Varun Beverages appoints Pankaj Madan as CFO

PepsiCo bottling partner Varun Beverages has appointed Pankaj Madan as its new Chief Financial Officer, effective July 30, 2025. Madan brings over 35 years of cross-sector experience in finance leadership roles, including stints at IndiGo, Bharti Walmart, and InterGlobe Enterprises.…

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India pips China as top smartphone supplier to US in Q2, 2025: Canalys

In Q2 2025, India became the top manufacturer of smartphones shipped to the US, with a 44% share, as China’s share decreased to 25% due to tariff negotiations. Apple’s strategic supply chain shift to India significantly contributed to this change,…

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Can Indian economy thrive amidst market slowdowns and tech layoffs? A Balasubramanian answers

A Balasubramanian of ABSL AMC indicates Indian markets are stable due to good interest rates and agriculture. The festival season is expected to boost the rural economy. Government spending drives cement and steel sales. While trade deals offer benefits, tech…

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UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules
The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.
EPFO news: Opportunity to settle EPF damage cases at reduced rates with VISHWAS 2026 - check eligibility
VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.
Income Tax Form 141 covers property sales, rent, contractor payments and more: Details here
Form 141 is intended to streamline TDS reporting and payment for transactions involving immovable property, rent, payments to contractors or professionals, and transfers of virtual digital assets (VDAs).
Husband earning ₹85,000 a month to pay ₹36.25 lakh after divorce: Patna High Court cites ‘reciprocal cruelty’
A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife ₹36.25 lakh as permanent alimony.
How return comparisons can mislead investors: Focused mutual funds hold just 30 stocks but benchmark against Nifty 500
Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.
Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely
A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.
New Form 141 replaces 4 TDS forms for property buyers, rent payments and VDAs: What changed under Income Tax Act 2025
The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 2026–27, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.
Senior Citizen FD rates Oct 2026: Earn up to 8.5% interest | Public, private banks and SFB fixed deposit rates compared
Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.
Insurance regulation: Reform must strengthen the market, not weaken its foundations
Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.
Paid ₹1.15 lakh to move goods to Nagaland, got damaged TV and 23 missing items; what did consumer commission order?
After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Company’s claim that it was merely an intermediary.