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India refiners to buy more US LPG in 2026, cut Middle East imports, sources say

India plans to reduce its liquefied petroleum gas imports from the Middle East, shifting towards increased purchases from the U.S. This move aligns with New Delhi’s broader trade objectives with Washington, aiming to secure a more comprehensive trade deal. State…

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Nestle Announces Major Job Cuts and Increased Cost Savings Target Under New CEO Philipp Navratil

Nestle’s new CEO, Philipp Navratil, announced 16,000 job cuts as part of a significant cost-saving initiative, raising the target to 3 billion Swiss francs by 2027. The company also reported better-than-expected third-quarter sales growth, primarily driven by price increases in…

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RBI Intervenes to Support Rupee: $3B to $5B Sold Amid Currency Pressure

The Reserve Bank of India is estimated to have sold $3 billion to $5 billion to support the rupee on Wednesday, its largest intervention in months. This action helped the rupee achieve its biggest single-day advance in four months, with…

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Meet the AI chatbots replacing India’s call-center workers

India’s IT sector is rapidly embracing AI chatbots. Companies like LimeChat and Haptik are replacing human customer service agents with AI. This shift aims to cut costs and scale operations. While some workers face job insecurity, the nation is betting…

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RBI Announces 338% Return for Sovereign Gold Bond Series – Final Redemption Price and Date Revealed

The Reserve Bank of India has set the final redemption price for Sovereign Gold Bond 2017-18 Series-III. Investors will receive Rs 12,567 per unit on October 16, 2025. This price is based on the average gold prices of the preceding…

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Mid-to-large CA firms employ over 20% of India’s audit workforce, signaling growth of domestic Big Four

India’s chartered accountancy sector shows rising workforce concentration in mid-to-large firms despite single-partner dominance. How will this reshape India’s audit capacity? Can mid-sized firms scale like the domestic Big Four? Will networked structures meet growing corporate and regulatory demands? Here…

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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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