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Axis Bank appoints Rajeev Mantri as new finance chief, replacing Puneet Sharma

Axis Bank welcomes Rajeev Mantri as its new finance chief, marking a pivotal moment in its leadership. With almost thirty years of expertise, previously as Chief Financial Officer at Bandhan Bank, Mantri steps into this role amidst a broader trend…

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Deloitte projects 6.5-6.8% GDP expansion in FY27, growth to strengthen in second half

Deloitte forecasts India’s economy to grow between 6.5 and 6.8 percent this fiscal year. Growth is expected to strengthen in the second half, supported by festive demand and easing monetary policy. Geopolitical tensions and weather uncertainties pose significant downside risks…

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AI-powered cyber threats force banks to step up cybersecurity investments

With six of the seven cyber threats identified last year now operational, banks are accelerating investments in cyber resilience, AI-led fraud detection and operational security as regulators sharpen their focus on technology risks.

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RBI Governor flags Iran war, weak monsoon as the biggest risks to India’s inflation and economic growth

Elevated inflation persists due to West Asian tensions and a weak monsoon outlook. The Reserve Bank of India maintains its policy rate, diverging from global peers. Governor Malhotra stated that domestic inflation pass-through has remained limited so far. India’s economic…

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Reliance Retail to expand online biz aggressively in FY26, focus on disciplined growth: CFO

Reliance Retail plans aggressive online expansion this financial year. The company will invest in infrastructure and improve operational metrics. JioMart will grow its dark stores and omnichannel platforms. Reliance Retail aims for positive unit economics in every market. This expansion…

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Lok Sabha Monsoon Session: Government likely to push five new bills, prioritises pending FCRA bill

The upcoming session will likely prioritize the Income-tax (Amendment) Bill, 2026, and the Supreme Court (Number of Judges) Amendment Bill, 2026, both of which are designed to replace existing ordinances. Alongside these measures, the government will also take up the…

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Income-tax penalty over ₹3.71 lakh political donation deduction: ITAT Ahmedabad deletes ₹2.31 lakh penalty
ITAT Ahmedabad has deleted a ₹2.31 lakh income-tax penalty imposed on a taxpayer over a ₹3.71 lakh political donation deduction claimed under Section 80GGC. The tribunal said the tax department failed to clearly establish how the claim amounted to under-reporting or misreporting of income.
Income tax disputes: Govt drops 23,467 appeals under higher tax-effect limits; what taxpayers need to know
The Income Tax Department has withdrawn 5,978 appeals and not filed another 17,489 after higher monetary limits were introduced for departmental tax appeals. Here’s what the ₹60 lakh, ₹2 crore and ₹5 crore thresholds mean for taxpayers and pending income-tax disputes.
Paying rent using a credit card? These common mistakes could lower your CIBIL score
Using a credit card for rent payments can offer convenience and rewards but may incur significant costs. Here's what you need to know before considering it.
Sebi proposes major overhaul of settlement rules; fast-track route for cases up to ₹10 lakh
The proposals include removing an additional 20% settlement charge in certain cases involving multiple proceedings and introducing a fast-track mechanism for settlements of up to ₹10 lakh
West Bengal to implement Ayushman Bharat, Mukhyamantri Swasthya Bima Yojana from August 16 — Here's all we know
West Bengal government is set to implement the Centre's health insurance scheme Ayushman Bharat and state's cashless coverage scheme Mukhyamantri Swasthya Bima Yojana from August 16. Here's all we know… 
8th Pay Commission: Eligibility criteria, essential qualifications for consultants; check what's changed
The 8th Pay Commission has updated guidelines on eligibility criteria and essential qualifications for vacancies of its contract-based consultant roles. Here's a look at what has changed for the applicants.
‘Think early retirement is boring? Try…’: Pro-FIRE user’s post sparks debate; social media reacts
Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.
Gen Z’s ‘YOLO’ image doesn’t match its bank account: Where young Indians are actually spending their salaries
Gen Z's budget is far more practical than flashy. A staggering 70% of a young professional's monthly budget is swallowed up by just five core categories — Bills, subscriptions & more
NSC for NRIs: Can non-resident Indians invest in National Savings Certificate and claim tax benefits?
Investments in NSC start at ₹1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.
DA hike: Minimum pension, variable DA, EPF ceiling increases — Trade union BMS to hold demonstrations on 17 August
Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase.