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India Inc’s women leadership gains slow despite strong ambition: Report

Women in India aspire to leadership roles, but corporate progress is slowing. Many companies report no increase or a decline in women leaders. The mid-career stage sees women exiting the workforce. Perceptions of promotion fairness have decreased. Strengthening promotion pathways…

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India sees more options on US trade deal after tariff ruling

India is reviewing its trade agreement with the United States. A recent US Supreme Court ruling has impacted tariff decisions. This development provides India an opportunity to re-evaluate its negotiation approach. The nation is not planning to withdraw from the…

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IDFC Bank appoints KPMG for forensic audit, says bank will continue to be profitable

IDFC First Bank disclosed Rs 590 crore in fraudulent transactions linked to Haryana government accounts, stemming from employee collusion at its Chandigarh branch. Despite the significant provisioning, the bank anticipates remaining profitable. A forensic audit by KPMG is underway, and…

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AU Small Finance Bank denies wrongdoing after Haryana govt de-empanels it amid IDFC First Bank fraud case

Haryana government has de-empanelled AU Small Finance Bank and IDFC First Bank from government business due to alleged fraudulent account openings. AU Small Finance Bank denies wrongdoing, stating all KYC checks were completed and transactions were initiated by the government…

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IDFC First points to connivance of staff and outsiders in branch fraud

IDFC First branch fraud case: The transactions were executed using forged cheques and manually carried out at the branch, managing director and chief executive V Vaidyanathan told ET.

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IDFC First Bank fraud: How a Rs 590 crore hit erased Rs 14,000 crore in investor wealth

IDFC First Bank’s market capitalization plummeted by Rs 14,438 crore after a Rs 590 crore fraud at its Chandigarh branch. Employees allegedly conducted unauthorized transactions in Haryana state government accounts, leading to a significant deposit balance discrepancy. The bank insists…

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  • 8th Pay Commission: How 3%, 5%, 6% annual increments could raise central government employees' salaries over 5 years

    8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay over five years through compounding.

  • Can unpaid business expenses be claimed as tax deduction? ITAT Mumbai's ruling explains when you can

    A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.

  • Filed your ITR before 31 July but found an error later? Tax expert explains who can revise and how

    Filed your ITR before the 31 July deadline but spotted an error later? Eligible taxpayers can still revise their return under Section 139(5). Here's who can file a revised ITR, the process and the key documents to verify.

  • India's loan story: Women, younger borrowers and non-metro regions driving credit growth as numbers jump to 74% in 2026

    Women, younger borrowers and non-metro regions are driving credit growth in the country. The number of eligible Indians opting for loans has jumped from 34% in 2017 to 74% in 2026.

  • Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

    After years of small and mid-cap outperformance, large caps could be poised for a stronger phase. A new report cites six factors, including improving economic growth, attractive valuations and supportive macro trends, while urging investors to maintain a balanced market-cap approach.

  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

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