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Gillette India appoints Ghanashyam Hegde as non-executive director

Gillette India has announced a leadership reshuffle, appointing Ghanashyam Hegde as a non-executive director and Krishnamurthy Iyer as an independent director, both effective from July 1, 2026. Srividya Srinivasan will transition from Executive Director and CFO to Vice-President Finance, and…

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HDFC Bank denies allegations of disguising interest payout

HDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payments to MSRDC as part of its marketing budget. The bank emphasizes its stringent internal controls and refutes any speculation of wrongdoing.

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AI, purpose-led careers and salary pressures redefine India’s finance workforce: ACCA

81% of finance professionals aspire for social-impact roles while AI adoption surges amid rising inflation concerns, says ACCA India Talent Trends 2026 report.

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Quick commerce becomes FMCG's biggest online sales channel in India

Latest data from companies including ITC Ltd, AWL Agri Business, Tata Consumer Products and Parle Products showed quick commerce accounted for 60-75% of their total online sales in FY26, rising sharply from less than half a year earlier.

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Byju’s founder Raveendran sentenced to six months in jail for contempt of court

Byju Raveendran, founder of the failed Indian tech firm Byju’s, has been sentenced to six months in jail by a Singapore court for contempt. The court found he disobeyed multiple orders concerning his assets. This latest setback comes as foreign…

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Tata board talks: Chairman Chandra gives the floor to Tata chiefs; calm prevails

Tata Sons board meeting saw constructive discussions. Chairman N Chandrasekaran presented business reviews. Noel Tata focused on Air India and BigBasket. Tata Electronics impressed the board with its growth. The meeting reflected a calmer atmosphere. CEOs presented performance and future…

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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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