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Supreme Court seeks govt, RBI response to plea for audit of banks' realty exposure

The Supreme Court has asked the government and the Reserve Bank of India for their response to a petition that wants banks’ dealings with real estate projects to be reviewed. The court also wants an investigation into developers accused of…

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Internal audit observations routinely addressed, says HDFC Bank

HDFC Bank has clarified that an internal audit observation, which caused a dip in its share price, has no material impact on its financial statements. The bank stated that such observations are addressed comprehensively and reaffirmed its commitment to sound…

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Ashok Leyland plans ₹1,000 crore capex for FY27 to fuel battery pack plant, clean technologies

The CV maker is also sharpening its export focus, with the ASEAN region set to emerge as its key market after GCC, Africa and SAARC.

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DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backing

The Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court upheld a 28% GST levy on the full bet value.

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India Inc rethinks supply chain architecture as disruption tests resilience

At a closed-door ET-Deloitte roundtable, supply chain leaders across sectors outlined why resilience, real-time visibility and smarter networks are now business-critical.

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Labour Code set to bring long-term gains, but transition may test India Inc

India’s new labour laws promise easier business operations ahead. However, companies face a complex transition period. Navigating different state and central rules will require careful planning. Businesses are modernizing their systems to comply. This shift aims for better transparency and…

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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.

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