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ICAI’s FRRB flags 388 serious audit lapses; refers 205 cases for disciplinary action and 183 to regulators

The ICAI’s FRRB has reviewed 1,307 cases since inception, covering 70% of India Inc’s market capitalisation. An FRRB official said the Board continues to strengthen audit quality. How effectively are auditors addressing material lapses? Are regulators acting on the 183…

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Explained: What TRAI’s new accounting separation amendments propose for telecom operators

TRAI has proposed amendments to its Accounting Separation Regulations, 2016, introducing a graded penalty structure for non-compliance. The new framework aims to enhance financial disincentives, with penalties increasing based on the duration and recurrence of reporting failures. It also includes…

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Indian Bank Q2 net profit rises 11.5 pc to Rs 3,018 cr

Indian Bank reported an 11.53% rise in net profit to Rs 3,018 crore for the second quarter ended September 30, 2025. Interest income increased to Rs 11,964 crore, while provisioning against bad loans decreased. Gross NPAs improved to 2.60% during…

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Kajaria Ceramics Says Sept Qtr Profit 1.21 Bln Rupees

BRIEF-Kajaria Ceramics Says Sept Qtr Profit 1.BRIEF-Kajaria Ceramics Says Sept Qtr Profit 1.21 Bln Rupees

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India’s State Mining Readiness Index: Ranking Reforms and Accelerating Mining Operations

The Ministry of Mines has released the State Mining Readiness Index. This initiative promotes reforms in the mining sector. States are ranked based on their mineral endowment. Madhya Pradesh, Rajasthan, and Gujarat lead Category A. Goa, Uttar Pradesh, and Assam…

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Gold, silver to retain demand during Diwali despite price reaching record high: Report

Despite record high prices, cultural demand is expected to sustain gold ownership in India, with consumers adapting through lighter designs and digital options. Silver’s industrial applications, particularly in solar panels and electronics, are projected to drive its price above $50…

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  • Dearness Allowance: Here's all we know about Punjab, West Bengal and Himachal Pradesh govts' discussions on DA hikes

    Dearness Allowance: DA is the component of the basic salary that is periodically adjusted for inflation. Here's all we know about the Punjab, West Bengal and Himachal Pradesh state governments' discussions on respective DA hikes.

  • Will ₹10 crore be enough to retire comfortably? Expert says ‘wrong approach’ | Use this simple formula to understand

    Determining retirement needs requires calculating future monthly expenses, factoring in inflation, and estimating the necessary corpus. For example, a current expense of ₹70,000 may grow to ₹3 lakh in 30 years, necessitating a corpus of about ₹5.2 crore for adequate retirement funding.

  • How are dark patterns causing ₹25,000 crore loss to consumers annually?

    The CCPA issued guidelines in 2023 to prevent and regulate dark patterns. The authority has listed 13 specific dark patterns. It has issued an advisory to strengthen compliance with guidelines and even penalised some platforms. However, the compliance still needs to improve.

  • Bank holiday today: Are banks closed on Saturday, 20 June for the weekend? Check RBI calendar here

    Bank holiday today: Are banks closed today for the weekend holiday on Saturday, 20 June? Check the RBI calendar here… 

  • PhonePe to charge ₹100 quarterly fee on wallets inactive for a year: Here's how users can avoid it

    PhonePe has introduced a ₹100 quarterly inactivity fee for wallets not used in 365 days. Users must complete a transaction to avoid charges. Details here.

  • PM Kisan 23rd instalment 2026: Payment date announced for ₹2,000; eligibility, eKYC details

    Under the flagship income-support programme, eligible farmers receive ₹2,000 every four months, amounting to ₹6,000 annually in three equal instalments.

  • ITR-3 excel utility for AY 2026-27 goes live: Who can file and key details for taxpayers

    The I-T department has released the Excel Utility for ITR-3 for Assessment Year 2026-27 on the e-filing portal. Here's who must file this form what changed this assessment year.

  • 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. 

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