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Gulf oil threatened anew as Houthis reach key island and pipeline is shut down

IRAN-Gulf oil threatened anew as Houthis reach key island and pipeline is shut down

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EU dropped aluminium scrap duty plan over India concerns, sources say

EU-METALS/ALUMINIUM-SCRAP (PIX)EU dropped aluminium scrap duty plan over India concerns, sources say

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Fintech firms key partners in advancing financial inclusion: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra has said fintech companies have emerged as important partners in India’s financial ecosystem and will play an increasingly significant role in expanding financial inclusion across the country.

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IPO-bound Paramotor announces partnerships with NSDL Payments Bank, Mastercard, TBX

Paramotor Digital Technology Ltd announced new partnerships on Friday. These collaborations aim to strengthen its digital payments and rewards presence. The company is launching new gift and prepaid cards with NSDL Payments Bank and Mastercard. Paramotor also partnered with TBX…

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Sebi proposes extending IT, cyber security framework of MIIs to their arms

Sebi proposed extending IT and cyber security rules to subsidiaries of market infrastructure institutions. This move aims to strengthen regulatory oversight over these evolving business structures. Subsidiaries undertaking core MII activities will now follow parent company’s cybersecurity frameworks. Exemptions can…

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BRICS finance ministers discuss possibility of efficient cross-border payment mechanisms

BRICS finance ministers and central bank governors discussed efficient cross-border payment mechanisms. They also explored promoting trade settlements and investments using local currencies. The group reiterated the urgent need to reform global economic governance institutions. They emphasized making international financial…

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News

  • Rare Sunday for public- and rural sector-banks: Check if your bank is open or closed today

    Public-sector and regional rural banks across the country will open on Sunday, September 27, ahead of a three-day nationwide strike by bank unions. Details here. 

  • Health insurance wellness rewards: Should you share your fitness tracker data with your insurer? Know the privacy risks

    Health insurers are using wellness programmes to reward activities such as exercise and healthy habits, but some programmes require policyholders to share data from wearables and health apps. Experts explain what data may be collected, how it can be used and what consumers should check.

  • Stock averaging explained: How does it work and what are the risks investors should keep in mind?

    Investors facing falling stock prices can consider averaging down to reduce costs or averaging up to increase exposure. While such strategies can enhance returns during recoveries, they carry significant risks too. Details here.

  • 8th Pay Commission: As meetings gather pace, check NC-JCM and BPMS demands on salary, fitment and pension

    The 8th Pay Commission is consulting employee organisations and other stakeholders currently, as the consultative phase continues. NC-JCM has sought a minimum pay of ₹69,000 and a 3.833 fitment factor, while BPMS wants ₹72,000 and a 4.0 fitment factor. 

  • FD rules change from 1 October: What depositors should know about bulk deposit rates

    RBI’s new bulk deposit rules take effect from 1 October 2026, changing how banks disclose and apply interest rates. Large depositors should know the daily rate disclosure requirement, branch-level rate consistency and exceptions linked to liquidity regulations before booking a bulk FD.

  • Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs

    Starting October 1, resident individuals and HUFs purchasing properties from non-resident sellers can simplify TDS compliance by using their existing PAN instead of a TAN. Details here.

  • Tax audit deadline September 30: 5 common mistakes in GST turnover, TDS, AIS and business expenses to avoid

    Taxpayers facing the September 30 tax-audit deadline should reconcile their books with GST returns, AIS, TIS and Form 26AS, verify TDS/TCS credits and avoid claiming personal expenses as business deductions. Experts recommend completing these checks well before the deadline.

  • ₹14.69 crore jewellery found in tax search: When can inherited gold escape tax scrutiny?

    The Kolkata ITAT has upheld the deletion of a ₹1.56 crore tax addition on 3,233 grams of jewellery found in family bank lockers during an Income Tax search. The taxpayer said the jewellery belonged to his deceased grandparents, father and family HUF. 

  • The biggest threat to your retirement is you

    You spent a lifetime preparing for bull and bear markets; the final risk to manage is an empty afternoon.

  • Retiring with a home loan? Here’s when using retirement savings to repay it may make sense

    Retiring with a home loan can put pressure on monthly cash flows. Experts explain when using retirement savings for home loan prepayment makes sense, why retirees should preserve an emergency corpus, & how interest rates, tenure, outstanding principal, & future expenses should guide the decision.

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