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Banks and fintechs up privacy play with DPDP Act in phased rollout

Non-state lender Yes Bank has constituted a dedicated data privacy office and appointed a data privacy officer. “In line with the DPDPA, we are currently undertaking a gap assessment, evaluating consent tools, and rolling out multiple training initiatives to build…

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Govt capex may cross Rs 12 lakh crore in FY27, fiscal deficit likely at 4.2 pc of GDP: SBI

India continues to remain the bright spot supported by its strong macro fundamentals and the government capex may cross Rs 12 lakh crore in FY27, a year-on-year growth of 10 per cent, an SBI Research report said on Monday.

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Semicon firms caution govt against rigid DLI framework

Industry executives broadly welcomed the intent to deepen state support for chip design companies but flagged concerns around venture capital (VC) compatibility, the structure of funding instruments, and the need for continuity for firms graduating from DLI 1.0.

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Europe’s cracks finally give India its long-awaited opening

India and the European Union are at a turning point after decades of slow progress on deeper ties, driven by major shifts in global geopolitics. The EU’s traditional pillars—security reliance on the US, energy ties with Russia, and strong trade…

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Budget 2026: Government seen easing fiscal grip amid global headwinds

Budget 2026 will likely focus on supporting the economy amidst global challenges. Rating agencies suggest a cautious approach to fiscal consolidation. Reforms, especially in deregulation, will be viewed favorably. Any deviation from fiscal discipline could negatively impact ratings. Experts anticipate…

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Budget 2026: The GCC capital of the world needs more brains to bank its $100-billion dream

With GCCs transitioning to AI-driven roles and aiming for $100 billion in revenue, targeted skilling initiatives are crucial to sustain growth and leverage India’s demographic advantage.

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  • Dearness Allowance: From DA hikes and arrears announced by states to pay commission decisions — Latest updates

    Dearness Allowance helps mitigate inflation pressures for central government employees and pensioners. The 8th pay commission is reviewing pay structures and its recommendations will impact 50 lakh employees and 65 lakh pensioners in India.

  • 8th Pay Commission delayed again: When will you receive the revised salary? What it means for your pay and pension?

    The 8th Central Pay Commission has extended the deadline for submissions to June 15, allowing more time for employee associations and unions to present demands. 

  • How much does it truly cost to have a baby in India? I asked ChatGPT: AI reveals hidden expenses parents often miss

    Expectant parents in India face hidden costs and emotional challenges in the first year. A practical financial roadmap is essential.

  • 5 ways to keep your personal finances healthy amid market volatility, geopolitical tensions and rising oil prices

    Rising geopolitical tensions are reshaping personal finance decisions. Diversified investments, SIPs, emergency funds and disciplined planning can help protect wealth and manage market volatility effectively.

  • Withdrawing more than ₹10 lakh from your bank account in a year? Here's what you must know

    Bank customers can withdraw over ₹10 lakh without automatic tax scrutiny, but large transactions must comply with reporting norms to avoid issues with the income tax department. Details here.

  • Top 5 mid-cap index funds with lowest tracking error and benchmark-like returns

    Since mid-cap index funds track a specific index, tracking error is an important factor to consider before investing. Here are the top 5 mid-cap index funds with the lowest tracking error. 

  • Should small finance banks be a part of your FD strategy?

    Unlike larger lenders with diversified and sticky deposit franchises, small finance banks rely more heavily on retail deposits to fund their loan books and, therefore, need to offer higher rates to attract and retain savers.

  • Applying for a personal loan? Here's the list of documents you will need

    To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply for a personal loan.

  • REITs distribute ₹8900 crore to unitholders in FY26, a 50% increase in disbursements

    In FY26, India's five publicly listed REITs distributed over ₹8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.

  • UPI goes live in Cambodia: Indian tourists can now pay at 4.5 million merchant outlets via KHQR

    Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.

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