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IndusInd Bank accounting lapses since 2015: Ex-CFO flags Rs 2,000 cr losses, insider trading claims

IndusInd Bank faces scrutiny over accounting irregularities dating back to 2015. Former CFO Gobind Jain blew the whistle, alleging senior management awareness and insider trading. He repeatedly urged an external audit before his resignation. The bank disclosed significant losses. Law…

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Tata Motors names Shailesh Chandra as MD & CEO, Dhiman Gupta as CFO

Shailesh Chandra will take charge as MD & CEO from October 1, 2025. Other key changes include Girish Wagh becoming CV head, while Group CFO P B Balaji will step down to lead Jaguar Land Rover as CEO. The rejig…

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NCEL crosses Rs 5,403 crore milestone in export of farm goods

National Co-operative Exports Limited (NCEL), set up by the Government in 2023, has achieved the impressive milestone of exporting Rs 5,403.01 crore worth of agricultural commodities, including rice, fresh red onion, sugar, baby food, processed food, spices and tea, according…

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GST council likely to address inverted duty structure in notebooks

The Goods and Services Tax Council may soon resolve the tax issues on notebooks and textbooks. Currently, manufacturers face higher costs due to the 18 percent GST on paper. This impacts the final prices for consumers. The council might lower…

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PM Modi to unveil BSNL’s ‘Swadeshi’ 4G network on September 27

India achieves a significant milestone as Prime Minister Narendra Modi inaugurates BSNL’s indigenous 4G network on September 27. This positions India among a select group of nations capable of manufacturing their own telecom equipment. The nationwide rollout across 98,000 sites…

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Indian citizens wish to interact with AI agents for public sector services: Report

Indian citizens are eager to adopt AI agents for public services, seeking proactive, personalized, and seamless experiences, a Salesforce report reveals. An overwhelming 100% are willing to use AI for government interactions. Citizens desire automatic enrollment in eligible programs and…

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News

  • Critical illness cover: Who needs it and what to watch for

    Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.

  • AI may change the world. That doesn’t make it a good investment

    Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.

  • Bank holiday next week: SBI, HDFC, others closed for four days between June 22 and June 28; check here

    Private and public sector banks in India will be closed for four days next week from 25 to 28 June 2026 due to regional holidays, including Muharrum and weekends. Customers should check the RBI holiday calendar for specific bank closures across different states.

  • Renting a house but not receiving HRA? Non-salaried individuals can still claim tax deduction on rent

    Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.

  • Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think

    As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.

  • India’s crypto boom is moving beyond men in metros: How women and small-towns are driving the shift?

    India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.

  • Bihar approves Sindhu Darshan Yatra grant: Pilgrims can claim up to ₹20,000 travel reimbursement

    Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses

  • 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.

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