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Banking jobs enter a new era as AI replaces routine roles, specialist hiring rises

The sharpest impact is likely to be felt in roles built around repetitive and standardised workflows. Data entry, document processing, routine transaction monitoring, basic reporting and some junior compliance and back-office roles are increasingly exposed to automation. Traditional branch roles…

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IndiGo parent InterGlobe Aviation appoints Kiran Thadimarri as CFO; Gaurav Negi takes advisor role

InterGlobe Aviation announced a significant finance leadership change on Monday. Kiran Thadimarri will assume the Chief Financial Officer role starting July twenty-eighth. Current CFO Gaurav Negi transitions to Advisor to the Managing Director. Thadimarri brings over twenty-four years of extensive…

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HDFC Bank fines CEO, CFO Rs 1 lakh each over MSRDC deposit case

In a notable move, HDFC Bank has penalized senior executives and delivered warning letters after conducting an internal assessment of a deposit arrangement from 2017 and 2021. The bank’s board determined that the actions were categorized as business overreach, lacking…

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Standard Chartered appoints Kavita Kulkarni as CTOO for India and South Asia

In a significant move, Standard Chartered has named Kavita Kulkarni as its new chief technology and operations officer. With over 25 years of extensive experience in banking and technology, Kulkarni will spearhead the tech and operations strategy across India and…

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India's engineering goods exports rise 21 pc in June, Oman shipments jump five‑fold

India’s engineering goods exports rose 21 per cent YoY to $11.48 billion in June, up from $9.51 billion a year earlier, driven by strong demand from the United States, Germany, China, Singapore and Oman, a statement said on Monday.

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Budget has buffers to tackle global risks, no need to revisit govt's budget estimates yet, says Sitharaman

Finance Minister Nirmala Sitharaman said the government sees no need to revise Budget estimates, citing adequate fiscal buffers to address global uncertainties, while noting improving private sector investment and growth in critical sectors of the economy.

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  • ‘Think early retirement is boring? Try…’: Pro-FIRE user’s post sparks debate; social media reacts

    Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.

  • NSC for NRIs: Can non-resident Indians invest in National Savings Certificate and claim tax benefits?

    Investments in NSC start at ₹1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.

  • DA hike: Minimum pension, variable DA, EPF ceiling increases — Trade union BMS to hold demonstrations on 17 August

    Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase. 

  • Maharashtra Ladki Bahin Yojana instalment date: When will you receive this month’s ₹1,500 payment?

    The Maharashtra government may provide ₹3,000 to women enrolled in the Ladki Bahin scheme before Raksha Bandhan. However, beneficiaries await clarity on pending payments for July and August, with no official confirmation yet on the potential combined instalment or payment dates.

  • Think your child’s PPF is a separate ₹1.5 lakh limit? Here’s what the Kerala HC says

    Among the safest investment options in India, public provident fund or PPF investment can help parents prepare for the big expenses in your children's future, be it health, marriage, education or other aspirations.

  • Earning money isn't the same as financial freedom, especially for women — Here's why

    The ET report said that building long-term wealth requires a deep understanding of financial planning.

  • ₹4 crore a year for ‘exclusive’ content: Indian influencers strike gold with paid Instagram subscription

    Subhashree Sahu, a prominent digital content creator from Odisha, lost her Instagram account. With over 1.3 million followers, she earned substantial income from subscriptions, reportedly around ₹23 lakh monthly. And, she is not alone.

  • Undisclosed Dubai bank account, UAE shares: ITAT upholds tax demand under Black Money Act

    The tribunal observed that Section 3 of the Black Money Act provides for taxation of an undisclosed foreign asset in the year in which the asset comes to the notice of the Assessing Officer

  • Waterfield Advisors founder Soumya Rajan on how true wealth management transcends investment strategy

    In the latest episode of Let’s Mint Money, Waterfield Advisors founder and CEO Soumya Rajan discusses family governance, the importance of the right asset allocation conviction and navigating global market shifts.

  • EPFO higher pension claims: Here's how members can track their status using app, portal, SMS, missed call—Stepwise guide

    EPFO has issued 149,806 pension orders for higher contributions to retired applicants with aim to provide greater benefits linked to actual wages, MoS Shobha Karandlaje told Parliament. Here's how beneficiaries can check status of their claims… 

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