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ICAI reinforces mandatory forensic audit, sustainability assurance norms in revised Code of Ethics

Updated framework reiterates applicability of forensic investigation, ESG assurance and social impact assessment standards, underscoring the profession’s expanding assurance responsibilities.

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$5 billion-plus company GitLab cuts hundreds of jobs, exits 22 countries; CEO blames it on AI; says: Agentic era is creating…

GitLab is laying off 14% of its workforce and exiting 22 countries as part of a restructuring to focus on the “agentic era” of software development. CEO Bill Staples stated that savings will be reinvested into AI products, particularly the…

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Indian markets extend losses amid FII selling, elevated crude oil prices; Sensex falls 443 points

Indian stock markets continued their decline on Thursday. Foreign fund outflows, high crude oil prices, and weak global signals impacted investor sentiment. The BSE Sensex and NSE Nifty 50 both closed lower. Analysts advise caution amid ongoing foreign institutional investor…

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Suzlon seeks to put the wind in all sails of its renewables ship

Suzlon is set to significantly expand its renewable energy business. The company aims to quadruple annual sales to 10 GW and grow managed assets to 70 GW by FY31. Suzlon will now offer integrated solutions including wind, solar, and battery…

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Collapse is near: Trump's window to resolve Iran crisis closing fast

West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and…

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Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out

Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic’s advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This…

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Think debt mutual fund gains are always taxed as short-term? Not if you bought them before this date
Debt mutual funds invest in fixed-income securities, appealing to conservative savers. Profits from funds purchased after April 1, 2023, are always taxed as short-term capital gains. But the rules change if you bought the units before that date. Check details.
Bank holiday today, October 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks in India are open today, October 13, 2026, as it is the first Saturday. Scheduled closures occur on certain Saturdays and Sundays, limiting in-branch access. 
DA hike 2027: Dearness Allowance may rise to 67% from January | How much more could employees get?
The January 2027 Dearness Allowance (DA) rate is pending confirmation, influenced by upcoming CPI-IW readings. 
Cancellation OTPs, fake offers, and urgent pleas: How scammers are using tactics to defraud people and how to stay safe
From fake promotional offers and cancellation OTPs to urgent calls from strangers, cyber fraudsters are finding new ways to trick even well-educated people. Here’s how scammers exploit fear, stress and urgency, and what you can do to protect yourself from financial fraud.
Buying new car? Your motor insurance dealer may earn up to 38% commission - what IRDAI's proposed fix means
The IRDAI is scrutinising high commissions earned from mandatory motor insurance policies sold through dealers. Here's what the regulator's proposed fix means for dealers and buyers.
Equity mutual funds: September 2026 returns—how did large, mid, small and flexi-cap fare over 3, 5 and 10 years?
September 2026 was a challenging month for equity mutual funds, with all four major categories seeing declines. But a look beyond the monthly numbers reveals a different picture, with notable differences in how large-, mid-, small-, and flexi-cap categories have performed over longer periods.
Switching to an electric vehicle: What you need to know about ev insurance
EVs rely on expensive components such as high-voltage battery packs, electric motors and sophisticated electronic systems. Repairs involving these components may require trained technicians, specialised tools and dedicated facilities, potentially increasing the cost of a claim
All Saturdays declared bank holidays? PIB Fact Check debunks fake notification
The clarification comes shortly after bank unions deferred a three-day nationwide strike that was scheduled to take place from September 28 to 30
Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks
A new RBI rule from 1 October changes how service exporters receiving overseas payments must report their earnings. Freelancers, creators and other professionals may need to take an additional compliance step through their bank. Here’s what you need to know.
Fuel inflation explained: How changes in petrol, CNG, LPG and PNG prices could affect your household budget
Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Here’s what the numbers mean for your expenses.