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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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Export bonanza: How this Bengaluru farmer makes ₹50,000 a day by growing baby bottle gourds for Qatar market
Farmer Karigowda, who owns a 3.5-acre farm in Karlapura Palya in Bengaluru Urban district, grows bottle gourds that weigh around 500 grams each.
EFPO shares security advisory: Here's how to safeguard your account, in simple steps
The EPFO issued a security advisory urging members to protect personal and financial information. It warned against sharing sensitive data and warned of phishing attempts, emphasizing the use of official portals only while remaining vigilant about suspicious links.
RBI hikes repo rate by 25bps: What it means and how it impacts you | All FAQs answered
The RBI's 25-basis-point repo rate hike on 7 October is aimed at curbing inflation. This increase could raise borrowing costs for loans, affecting monthly repayments, while potential adjustments to deposit rates may also occur.
What happens to FD interest rates after RBI MPC hikes interest rates? Calculation explains basis 25 bps
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, marking its first increase since February 2023. Here's a look at whether this could impact fixed deposit rates and what any transmission would mean for your funds.
Property or mutual funds? Where should NRIs invest their India-linked wealth? Explained
For NRIs, investing in both property and mutual funds can diversify portfolios. Check where they should invest their India-linked wealth.
Want to withdraw money from your provident funds through UPI? Testing starts: Here are 3 things you should know | Report
EPFO is testing a UPI withdrawal facility. This will allow subscribers to withdraw their balance more conveniently. Here are 3 things you should know.
EPFO wage ceiling hiked to ₹25,000: Likely enhancements in social security coverage — pension, insurance, explained
The Cabinet increased the EPF wage ceiling to ₹25,000, expanding coverage for 51 lakh employees. This change, the first in 12 years, raises employer contributions and enhances pension benefits for long-term subscribers, impacting total accumulated corpus.
5 money lessons from international bestseller ‘I Will Teach You to Be Rich’ by Ramit Sethi
Ramit Sethi's ‘I Will Teach You to Be Rich’ is an international bestseller. Here are 5 money lessons from the personal finance book.
RBI removes Paytm Payments Bank from list of scheduled banks after cancellation of banking licence — What we know
The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank's licence, cancelled in April 2023, was deemed detrimental to depositors' interests.
Bajaj Finance FD interest rates hiked: More money on your principal now; this segment can earn up to 8.15%
Bajaj Finance has raised FD interest rates by 15-40 basis points across 12-60 month tenures. Senior citizens can now earn up to 8.15% on fresh deposits and 8.25% on renewals, while regular depositors can earn up to 7.75% and 7.85%, respectively.