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Revised guidelines likely by March to create desi Big Four

The govt is preparing a plan to boost large audit and consultancy firms. This initiative aims to overcome regulatory hurdles that prevent domestic companies from growing. The goal is to create firms comparable to global giants. Changes to rules are…

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No change in business model post-SMBC stake; they’re engaged shareholders, not promoters: YES Bank CEO

“Nothing changes in our business model or strategy. It is too early, SMBC has only recently become the largest shareholder. I would like to reiterate, they are not promoters. Every year we have a strategy meet; this year too, SMBC,…

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HDFC Bank CFO says 20% rise in Q2 card spends reflects rising consumer demand

“Card spending is one of the lead indicators of consumption. We are in the acquiring business where we have more than close to five and a half to six million merchants that we process and look at the spend levels.…

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IBC moratorium cannot shield directors from cheque‑bounce prosecution: Bombay High Court

Court holds insolvency proceedings protect only corporate debtor, not natural persons such as directors or signatories.

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Car sales more than doubled to over half a million units: FM Sitharaman on GST 2.0

Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half a million…

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Piyush Goyal to visit Germany to boost bilateral trade and investment

Commerce and Industry Minister Piyush Goyal will visit Germany from October 23 to boost bilateral trade and investment. He will engage with CEOs of leading German companies, including Schaeffler Group and Mercedes-Benz, and participate in the Berlin Global Dialogue. The…

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  • I asked ChatGPT how to travel Europe for two weeks with just ₹1 lakh, it said…

    An AI-designed two-week Europe itinerary within a ₹1 lakh budget includes destinations like Budapest, Prague, and Kraków. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.

  • Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move

    The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.

  • EPF members get life insurance cover of up to ₹7 lakh at no extra cost: What is the EDLI scheme and how to claim

    Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to ₹7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it. 

  • Why investing in Indian equities may be a bad idea for NRIs and how GIFT City can fix it

    Despite NRIs investing about ₹1.4-1.5 lakh crore in India's stock market for long-term wealth, they face challenges such as hidden taxes and currency depreciation. 

  • Zerodha Capital's net profit rises 20% to ₹14.7 crore as lending business scales up

    Zerodha Capital reported a 44.2% increase in total income to ₹53.5 crore in FY26, with net profit rising 20.5% to ₹14.7 crore, driven by growth in its loan-against-securities business.

  • 'Japan is 100% doable on a real salary': Mumbai influencers share detailed ₹2.4 lakh budget guide

    Japan is often considered one of the world's most expensive travel destinations. However, an Instagram post by travel page Planned Time Off is challenging that perception with a detailed cost breakdown of a 15-day trip covering Tokyo, Hakone, Kyoto, Osaka, Nara and Hiroshima.

  • Personal loans from 8.95%: Compare June 2026 rates of HDFC Bank, ICICI Bank, Axis Bank and other top private lenders

    Fast access to funds comes at a cost. Compare personal loan interest rates, processing fees and key borrowing factors across leading private banks in June 2026 to find a cost-effective loan that suits your repayment capacity and financial goals.

  • I asked ChatGPT to plan perfect monsoon family getaway near Mumbai — Here's what AI recommended

    I asked ChatGPT to plan the perfect monsoon family vacation near Mumbai in the last week of June. Here's what the artificial intelligence chatbot when comparing three hill-station destinations: Lonavala, Matheran, and Mahabaleshwar…

  • Income Tax: ITR-3 Excel Utility released — should taxpayers wait until August or file their returns early?

    The income tax return (ITR)-3 is meant for individuals and HUFs who have income from business or profession. Interestingly, the last date of filing tax return via ITR-3 is 31 August and not 31 July. 

  • SEBI introduces new Gold ETF trading framework with dynamic price bands from 1 September; check details

    Big changes ahead for Gold ETFs as SEBI introduces a new trading framework from September 1. Dynamic price bands, pre-open auctions and revised pricing rules aim to improve price discovery, transparency and investor protection in Gold and Silver ETFs.

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