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Fintech push: RBI Governor urges startups to serve the unbanked, calls for trust and inclusion

RBI Governor Sanjay Malhotra urged India’s booming fintech sector to prioritize financial inclusion, urging them to build products for the underserved, not just the privileged. He stressed the need for accessible solutions for vulnerable groups and highlighted the sector’s role…

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Draft labour policy released, focus on women, social security

The government has unveiled a draft labour policy aiming to boost women’s workforce participation to 35% by 2030 and establish universal, portable social security. The initiative will integrate various welfare schemes into a single account for easier worker access. Additionally,…

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Bank of India betting on fintech partnerships, GST boost to drive stronger H2 growth: Rajneesh Karnatak

Bank of India is boosting growth in the second half of FY26. The bank is partnering with fintech firms for digital banking and wealth management. New features like face recognition will simplify customer processes. Initiatives to onboard self-help group women…

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RBI ready to do heavy lifting on loan risk weights

The Reserve Bank of India is proposing new rules for bank loans. These changes aim to reward good credit habits. Banks will have lower capital requirements for certain loans. This could lead to more lending. Credit card users who pay…

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Investor participation surges to 13.4 crore in 5 years: SEBI Chairman

The focus of the Securities and Exchange Board of India (SEBI) on digital transformation, such as e-KYC, simplified onboarding and mobile-first investment platforms, has led to investor participation rising to 134 million over the past five years, SEBI Chairman Tuhin…

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Cashfree CFO Piyush Anchliya Resigns Months After Appointment

Cashfree Payments CFO Piyush Anchliya resigned months after joining in April 2025. Fintech expects a 45 to 50% revenue increase in 2025 and 2026 after facing regulatory challenges. They are focusing on profitability, software-as-a-service offerings, and new areas like risk…

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  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

  • ITR filing 2026 for pensioners: Health insurance, bank interest — These key deductions can reduce your tax outgo

    Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.

  • Canada was too expensive! A couple quit 9-to-5, sold their home to move to Japan: The FIRE strategy behind it

    Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.

  • Sebi simplifies share transfer process after an investor's death, giving legal heirs faster access to investments

    Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.

  • Fixed Deposit for senior citizens: Banks offer up to 8.25% interest — SBI, HDFC Bank, Utkarsh Small Finance, IDFC First

    Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders…

  • PM Kisan 23rd installment today: When, where and how to check ₹2,000 tranche payment status — Direct link here

    Prime Minister Narendra Modi will release the 23rd installment of the PM Kisan Samman Nidhi Yojana on 20 June 2026. Each beneficiary will get ₹2,000 tranche payment. Let's find out when, where and how to check payment status.

  • ITR: Attention taxpayers! Check key changes in ITR-4 (Sugam) form before filing income-tax returns for FY26 / AY27

    Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / Sugam form online for this tax year (FY26 / AY27). Here's all you need to know…

  • Employees provident fund: 8.25% interest rate ratified, EPFO 3.0 to allow ATM, UPI withdrawal — Check new EPF rules here

    Employees provident fund: The Centre has ratified 8.25% interest rate for EPF deposits this financial year. Looking ahead, here's a look at the rules under EPFO 3.0, which allow withdrawal of funds through ATM and UPI.

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