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Ajit Mohan steps down as Snap CBO after four years

Ajit Mohan is leaving Snap after a notable four-year stint as chief business officer, driven by personal reasons associated with family commitments in Singapore and extensive travel. During his time, he emphasized Snap’s advertising business growth. Ronan Harris is set…

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Banks plan to e-auction cars, vehicles on BAANKNET to speed up recoveries

This initiative aims to streamline the recovery of non-performing assets for lenders. The platform will integrate with VAHAN and RTO services for complete vehicle information,

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The CFO's Strategic Role: Balancing Growth, Profitability, and Cash Generation

In today’s corporate landscape, Chief Financial Officers have evolved into essential strategic partners, expertly juggling the demands of growth alongside financial prudence. They adeptly navigate the complexities of profitability and cash flow, utilizing advanced digital tools for more accurate forecasting…

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Arcil raises Rs 220 cr from anchor investors; Rs 733 cr IPO opens for subscription

Asset Reconstruction Company India Ltd, known as Arcil, secured Rs 220 crore from anchor investors. Its three-day initial public offering opens for public subscription on Wednesday. The company’s Rs 733 crore Initial Public Offering is entirely an Offer For Sale.…

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RBI launches key surveys to get inputs for monetary policy

The Reserve Bank of India has launched three key surveys today. These surveys aim to gauge inflation expectations and consumer confidence across India. The Inflation Expectations Survey of Households will capture price movement assessments. Urban and Rural Consumer Confidence Surveys…

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India's gross manufacturing leasing posts 49 pc CAGR since 2021

India’s gross manufacturing leasing has reached a cumulative 69 million sq ft, registering a compound annual growth rate of 49 per cent since 2021, a report said on Wednesday.

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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.