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India pushes to expand rupee settlement with key trade partners

India’s central bank is actively working to facilitate rupee settlements with free-trade partners, aiming to boost the local currency. This involves establishing direct rupee rates independent of the US dollar and developing reference rates with several countries. These efforts align…

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Reliance Industries’ Rs 1.5 lakh crore new energy venture to boost revenue from next year

Reliance Industries’ ₹1.5 lakh crore new energy business is set to start contributing to revenue and EBITDA next year, a senior official said. The company is developing large-scale, round-the-clock renewable energy projects (RE-RTC) involving hydrogen, wind, solar, fuel cells, and…

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GST cut to stitch 200 bps boost for apparel retailers: Crisil

GST rationalization is projected to boost India’s organized apparel retail sector’s revenue growth to 13-14% this fiscal. A uniform 5% GST on apparel up to Rs 2,500 is expected to drive demand in mid-premium and value segments, offsetting muted growth…

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India Inc Celebrates Diwali: From Lights to Gratitude, Offices Turn Festive Hubs

This Diwali, India Inc is celebrating more than lights and sweets. Offices across sectors are turning festive hubs, blending traditional rituals, team camaraderie, and gratitude. From diyas to recognition, corporates are honouring people, culture, and collective spirit that fuel both…

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Meesho files updated draft papers with SEBI for Rs 4,250 crore IPO

E-commerce platform Meesho Limited has filed its Updated Draft Red Herring Prospectus with SEBI for an IPO. The offering includes a fresh issue of ₹4,250 crore and an offer for sale by existing shareholders. Proceeds will fund cloud infrastructure, technology…

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AI won’t trigger layoffs; will shift people from backend to frontlines, says HDFC Bank CEO

HDFC Bank is investing heavily in technology and running lighthouse experiments around generative AI to re-engineer processes and enhance customer experience. CEO Sashidhar Jagdishan said AI will not cause job cuts but will instead move people from the back end…

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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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