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Karnataka HC upholds CID charge sheet against SBI and PNB executives in Rs 78.5 crore fraud case

The Karnataka High Court has upheld a charge sheet against SBI and PNB executives in a ₹78.5 crore fraud case involving Metal Closures Pvt. Ltd. The court dismissed petitions from bank officials, finding no merit in their claims under the…

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Akasa Air completes strategic investment transactions, welcomes new partners

Akasa Air finalized strategic investments from Premji Invest, 360 ONE Asset, and Claypond Capital, along with additional funds from the Jhunjhunwala family. These investments will fuel Akasa Air’s expansion plans, enhance customer experience, and invest in advanced technology, aiming to…

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GST rate rejig to give Rs 1.98 lakh cr consumption boost, yearly revenue loss seen at Rs 85,000 cr: Report

GST reforms are on the horizon. These reforms may bring a two-tier tax structure. Household goods may see lower tax rates. An SBI Research Report suggests a revenue loss of Rs 85,000 crore annually. However, consumption may increase by Rs…

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Cabinet approves blanket ban on online money games; proposes 3 years jail, fine upto Rs 1 crore

The cabinet has approved a bill to ban online money gaming due to addiction and financial losses. The bill proposes penalties for violations and impacts companies like Dream11. It aims to curb cybercrime and money laundering. The government will promote…

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Trump imposed "sanctions on India" to end Russia-Ukraine war: White House

US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia from pursuing the Ukraine conflict. Trump has doubled India’s tariff to 50 per cent by imposing…

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India aims to capture 10% of global green hydrogen demand: MoS Shripad Naik

India is setting its sights on becoming a global hub for green hydrogen exports, with the government laying out an ambitious roadmap to capture a significant share of the emerging clean fuel market. At the FICCI Green Hydrogen Summit 2025…

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Pay commission: Here's what Mumbai BEST bus employees are demanding on salary increase, gratuity payments
The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding salary hike, implementation of the 7th pay commission recommendations, retirement and gratuity payments.
6th vs 7th vs 8th Pay Commission: Why the widening basic pay gap is drawing attention
A widening pay gap is emerging as a key concern for the 8th Pay Commission. While salaries have increased across government services during earlier pay commissions, the rise in top-level basic pay has outpaced that of minimum pay, fuelling demands for a fairer, more balanced compensation structure.
Dearness allowance: Here’s why 20% DA hike is significant for West Bengal state govt employees
Dearness allowance: Here’s why West Bengal's 20% DA hike is significant for state government employees and retired pensioners. Check here to see how much of the salary gap has been reduced…
Senior citizens can now earn up to 7.95% on FDs as Bandhan Bank revises deposit rates | Check tenure and other details
Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits. 
SEBI eases NISM certification norms for relationship managers, sales executives | Full details here
Sebi has simplified the NISM certification process for sales and non-core staff in investment advisory roles, allowing them to obtain a lighter certification module based on feedback from market participants. This change aims to ease compliance for firms and will take effect immediately.
I asked ChatGPT if ₹5 crore is enough to retire in India. Here's what it said
A 45-year-old professional in Delhi estimates that ₹5 crore can support his retirement. With anticipated post-retirement expenses of approximately ₹15.8 lakh annually, the corpus exceeds this need, demonstrating the importance of calculating future expenses
Earning 15 LPA? Here's how much you can save in taxes in new and old regime
For salaried individuals earning ₹15 lakh a year, the choice between the old and new tax regime can significantly affect their tax outgo. Here's a detailed comparison of how much tax you may pay under each regime.
I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said
In 2026, a family in Noida should maintain an emergency fund of around ₹17 lakh, based on monthly expenses of ₹1.4 lakh. This amount provides a financial cushion for one year during unemployment, ensuring uninterrupted living costs.
Normal SIP, fixed top-up SIP, or variable top-up SIP: Which approach created more wealth over the years?
The analysis shows that while a regular SIP can create significant wealth over the long term, investors who increase their SIP contributions periodically stand a much better chance of building a larger corpus.
Living in Bengaluru, Pune or Hyderabad? Your tax benefits just got bigger – What you need to know about new HRA rules
The CBDT has revised HRA rules, expanding benefits for taxpayers in major urban areas and increasing compliance requirements. New metro cities added for HRA exemptions could lead to higher tax savings for employees in cities like Bengaluru and Hyderabad under the Old Tax Regime.