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RBI sees no governance concerns at HDFC Bank after Atanu Chakraborty's exit, approves interim transition

The Reserve Bank of India has reassured the public about HDFC Bank’s strong governance and financials following recent board changes. The central bank acknowledged the transition for the part-time chairman role, approving an interim appointment. Despite a former chairman’s concerns,…

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NFRA flags independence gaps, revenue audit failures, and disclosure lapses at MSKA; firm defends compliance, cites ‘professional judgement’

Regulator points to network-level independence issues, flawed revenue assessment and missing related-party disclosures; MSKA says processes aligned with standards, remediation underway.

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Hormuz chokehold leaves over 1.7 million tonnes of India's oil, LNG and LPG cargo stranded

Twenty-two Indian ships carrying vital oil and gas are stuck in the Persian Gulf. These vessels are waiting to pass through the Strait of Hormuz amid ongoing conflict. India faces significant disruptions to its energy supplies. Efforts are underway to…

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Nazara Technologies to acquire 50% stake in Spain-based Bluetile, BestPlay for $100 million

Nazara Technologies is acquiring a 50% controlling stake in Spain-based Bluetile Games and its platform BestPlay Systems for $100.3 million, marking its largest deal to date. This strategic move aims to bolster Nazara’s core gaming strategy by integrating Bluetile’s AI-driven…

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From hospitals to govt offices: What counts as 'industry'? & why a 9-judge Supreme Court bench is revisiting a 1978 ruling

India’s Supreme Court is re-examining the definition of ‘industry’ under labor laws. A nine-judge bench is considering if the 1978 ‘triple test’ still applies in today’s liberalized economy. The ruling will impact which organizations, including government welfare activities and private…

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India's tax coffers swell as direct tax collections cross ₹22.8 lakh crore, up 7.2%

The overall net direct tax mop-up includes net corporate tax of ₹10.91 lakh crore, non-corporate tax of ₹11.32 lakh crore and securities transaction tax (STT) of ₹55,717 crore.

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SCSS gives 8.2% returns, but are Small Finance Bank FDs a better choice for senior citizens? Check out now
SCSS provides government-backed safety and regular quarterly income, while Small Finance Bank FDs offer flexibility and competitive rates. Explore a detailed comparison of returns, risk, liquidity and tax advantages before choosing the right retirement investment strategy.
RBI revises deposit interest rate rules: What fixed deposit investors should know before investing from October 1
The RBI's revised deposit interest rate framework takes effect from October 1, 2026. While banks get more flexibility in pricing bulk deposits, retail FD investors will see greater transparency and uniformity in interest rates.
ITR filing deadline is over: Received a tax notice after July 31 due date? Here's how you should respond
Taxpayers should not overlook income tax notices post-ITR submission. Responding promptly via the e-filing portal is crucial to avoid penalties, as non-compliance can lead to higher tax assessments and even prosecution in severe cases.
Here's how this millennial became a millionaire — Housing hacking and investing in index funds, strategy explained
Millennial investor Todd Baldwin became a millionaire in his 30s by employing a combination of real estate and equity investment. Here's how he used the housing hacking strategy to gain rental income and invested it in index funds. 
Bank holidays this week: SBI, HDFC, ICICI, PNB to remain closed for upto 3 days — Check RBI calendar here
Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks across India will be closed for upto three days this week, but digital platforms like UPI and banking apps will remain operational.
The motorcycle and the Ferrari: when to indulge and when to hold back
Buy the Ferrari, by all means, on the day you become the person who has earned it. Until then, it's fine to admire one zooming past, and getting on with the un-Ferrari years that are the real work.
Higher social security payouts for Americans in 2027 may put the retirement programme at risk — Here's how
US President Donald Trump's policies have pushed up inflation, which has increased the potential social security payouts for Americans in 2027, and threatened to put the US' retirement programme at risk.
Labour codes to ensure social security for millions of gig workers in India, says Mandaviya — Here's all we know
The central government will ensure gig workers in India have access to social security scheme benefits through implementation of the labour codes, Union Minister Mansukh Mandaviya told Rajya Sabha. 
Social Security SSI August payment arrives early: Why August payments arrived early and who is eligible
Social Security benefits vary by retirement age, with a maximum of $5,181 available at 70. For 2026, benefits at 62 are $2,969, at 67 are $4,152, and payments are adjusted for SSI due to calendar changes, emphasising separate programs for different needs.
8th pay commission: Delhi, Chennai, Puducherry, Chandigarh — Full list of state visits and meetings in August, September
8th pay commission: Delhi, Chennai, Puducherry, Chandigarh and Mumbai — Here's a full list of cities and dates that the 8th CPC is set to conduct state visits and meetings in August and September 2026.