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India's GCC industry recorded revenue of $98.4 billion in FY26: Report

As India hosts 2,117 global capability centres (GCCs) operating 3,728 units across the country, the industry recorded an estimated revenue of $98.4 billion in FY26, according to a report released on Wednesday.

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Indian rupee hits three-week low, traders wary about fall to 96/USD as RBI stands guard

The Indian rupee reached its weakest point since late July on Wednesday. Elevated oil prices and sustained dollar demand pressured the currency’s value. The Reserve Bank of India’s market interventions limited the rupee’s depreciation. Crude oil futures saw a renewed…

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Stornox Launches Geo-Distributed, S3-Compatible Cloud Object Storage for Indian Enterprises

New Delhi [India], Stornox has introduced a geo-distributed, S3-compatible cloud object storage platform aimed at meeting the growing data storage, accessibility and sovereignty requirements of Indian enterprises. The platform combines cloud-native object storage with geographic distribution, scalability and compatibility with…

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Siguler Guff raises USD 500 mn for India mid-market private equity strategy

Siguler Guff has raised USD 500 million for India’s mid-market businesses. The fund will focus on founder and family-owned companies with growth potential. Investments will target sectors like consumer, healthcare, financial services, and technology. This capital will support India’s durable…

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'India should not rush into US trade deal, must protect national interests': EAC-PM Member Sanjeev Sanyal

India should carefully consider its trade agreement with the United States. Long-term interests must be protected before finalising any pact. Substantial progress has been made in ongoing trade negotiations. Sensitive areas like agriculture and dairy require careful attention. Policy stability…

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Income Tax Department launches nationwide verification of suspicious foreign remittances

The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying several entities that allegedly remitted large amounts of foreign exchange despite reporting little or no turnover, the Central Board of Direct Taxes (CBDT) said.

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10 signs you're poor, no matter how much you earn: Hidden money struggles behind your ‘comfortable lifestyle’
A ‘comfortable lifestyle’ may obscure financial issues. These 10 signs indicate that you're poor, no matter how much you earn.
Value Trap: A low P/E does not always mean a bargain — 8 factors investors should look at before buying
A stock’s low valuation may look attractive, but it can sometimes signal deeper problems in the business. Here are eight ways a seemingly cheap stock can remain cheap and what investors should examine before assuming it is undervalued.
Quant MF raises IT services exposure, goes underweight on manufacturing: Key takeaways for investors
Quant Mutual Fund has changed its sector positioning by increasing its allocation to IT services in August 2026. The fund house remains positive on select sectors and expects stock-specific opportunities to drive returns as large-cap markets consolidate.
Can one co-owner be taxed alone on property value and stamp duty difference? What ITAT says
The ITAT delivered a significant ruling in the case of a Mumbai taxpayer who, in 2017, purchased a flat jointly with his wife in Chembur. The actual consideration paid for the property was ₹60 lakh, while its stamp-duty value was ₹94.8 lakh, creating a gap of around ₹34.8 lakh.
The hidden drag on freelance income: Why your overseas client invoices don’t match the money reaching your bank
For Indian freelancers, the invoice value of an overseas client payment may not be the amount that reaches their bank account. FX conversion margins, platform fees and SWIFT costs can reduce the final INR payout. Here is how freelancers can calculate the actual amount they received.
NPS Active vs Auto Choice: Which investment option is right for your retirement goals?
One mistake investors may make is assuming that the option with greater equity exposure is necessarily the best choice, particularly when they are young.
PFRDA proposes changes to Point of Presence regulations: What NPS subscribers need to know
PFRDA has proposed changes to the Point of Presence framework that could expand NPS access through more types of entities and a dedicated digital route. The proposals also strengthen oversight of NPS Mitras, subscriber-data confidentiality and PoP accountability for fraud or negligence. 
Pension delayed? Why retirees in contributory schemes can now take the matter to consumer court
Retirees facing delayed pension payments under contributory schemes may approach consumer courts, following an important NCDRC ruling that recognised pension contributors as consumers and treated unjustified delays as deficiency in service.
Buying a house in 7 years? Know the best mutual fund categories, equity-debt mix and de-risking strategy
A seven-year house goal can justify high equity exposure initially, but the portfolio should gradually move towards safer assets as the purchase nears. Experts explain which mutual fund categories may suit the goal, why diversification matters and how to protect the corpus from market volatility.
Bank holiday tomorrow, 4 September: Will SBI, HDFC Bank and others remain closed for Janmashtami?
Banks in multiple cities, including Ahmedabad and Chennai, will be closed on September 4 for Janmashtami. Holiday observance varies by city, so customers should verify bank schedules against the RBI list before visiting.