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AI to drive 25–30% cost efficiencies, transform majority of operations: ACKO CFO

Acko is set to integrate AI into nearly all its business operations within the next year. This AI adoption aims to enhance efficiency and provide significant cost reductions across various functions. Acko’s CFO, Nitin Sood, highlighted the potential for phenomenal…

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Small Company Audit Exemption: This is no ease of doing business

Seasoned finance expert Robin Banerjee warns that the proposed exemption of small companies from mandatory audits risks weakening financial discipline, eroding lender trust, and enabling misuse of corporate structures, challenging the very foundations of transparency and governance in India’s business…

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NFRA flags common audit lapses across 10 firms, exposes systemic gaps in audit quality

Inspection reports highlight recurring deficiencies in audit evidence, documentation, independence and quality controls across firms.

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Corporate and business entities dominate political funding as donations to national parties surge 161% to Rs 6,648 crore in FY25

Electoral trusts contribute 60.53% of total funding; BJP receives over Rs 6,000 crore, more than 10 times of other parties combined.

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ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala Sitharaman

​In the Lok Sabha, Sitharaman also said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from evading Indian law by staying abroad and was applicable to offences involving Rs 100 crore or more.

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Government has taken steps to mitigate risks arising from West Asia conflict: Ministry of Finance

He listed out the steps taken by the government to deal with the crisis, including measures to manage external sector volatility and support the balance of payments.

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News

  • DA hike July 2026: AICPI-IW rises to 150.8, Dearness Allowance revision awaited

    DA hike July 2026 estimates rise after AICPI-IW reaches 150.8. Here's the latest inflation data, the expected Dearness Allowance revision, the calculation method and the final approval process.

  • 8th Pay Commission FAQs: 10 key facts for central government employees in July 2026

    Big changes are ahead as the 8th Pay Commission enters key discussions in July 2026, covering salary revision, fitment factor and pension updates for central government employees and pensioners. Here are some FAQs and the latest developments.

  • Not all agricultural land sales are tax-free: Check what is taxable and how to report it

    Taxpayers may believe that income tax doesn't apply to agricultural land sales, but this isn't always true. Tax liability depends on location and capital asset classification. Here's what is taxable and how to save taxes. 

  • Gold loans are becoming the biggest driver of consumer borrowing? Here's what RBI FSR report says

    Gold loans have become India's fastest-growing retail credit, recording a CAGR of 42.4% since March 2024, nearly double the 23% growth in non-housing retail loans. 

  • Can your debt mutual fund withstand liquidity pressure? Here's what the RBI financial stability report reveals

    The RBI's stress tests revealed 44 open-ended debt mutual funds breached liquidity thresholds in March 2026. Despite this, the central bank reports no immediate concerns, as affected funds have either rectified the issue or initiated corrective actions.

  • SIP inflows hits record high of ₹32,086 crore in FY26 despite market volatility: RBI FSR | Key takeaways

    Despite market volatility, SIP inflows reached a record ₹32,086 crore in March 2026, according to the RBI's Financial Stability Report. 

  • How much does it cost to relocate to Hyderabad? Microsoft techie says ₹3.6 lakh

    Krish, shared a detailed breakdown of the expenses involved in the move, including rent, security deposit, furniture, appliances and other household essentials.

  • From ₹90,000 salary to ₹15 lakh debt: Viral LinkedIn post explains a financial spiral

    A LinkedIn post by SEBI-registered investment advisor Vivek S G (Sulegai), founder of Wealth Crafts, is resonating with users after he shared the story of a Pune professional whose finances unravelled following a family medical emergency, eventually leaving him with a ₹15 lakh debt burden.

  • Interest rate of small savings schemes remains unchanged for July-September quarter — Check latest PPF, SCSS, SSY rates

    The government has maintained interest rates on small savings schemes for the July-September 2026 quarter, marking the ninth consecutive quarter of unchanged rates. 

  • PFRDA to launch NPS Swasthya with top-up health insurance through insurer tie-ups — here's when it will be live

    Health insurance companies will soon offer top-up health cover to National Pension System subscribers via PFRDA's NPS Swasthya product, set to launch in 60-70 days.

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