BUSINESS

Several rules covering banking, payments and personal finance are scheduled to change from October 2026.  October brings several changes to your financial life, with some transactions set to get costlier. Several rules covering banking, payments and personal finance are scheduled to change from October 2026.The changes include a reduction in the number of free ATM…

The man approached the bank to find out how he could withdraw the money from his late wife’s savings account. (Image for representative purpose only) When you add a nominee to any of your savings or investment accounts, the idea is that the person will get the money when you pass away. But what if…

Here are some of the tax-saving instruments that still deserve a place in your long-term wealth strategy, even without the tax break. The author is CEO of PaisabazaarFor many, saving tax has long been one of the key reasons for investing in tax-saving instruments. These instruments have helped Indians not only reduce their tax liability…

Gadkari said ethanol production had already helped farmers, pointing to the rise in maize prices. (Image for representative purpose only) After introducing E20 petrol for cars, there is now focus on flex-fuel engines that will be able to operate entirely on ethanol or E100. Road Transport and Highways Minister Nitin Gadkari recently said that ethanol…

FIle photo: Heavy traffic congestion Delhi’s traffic signals could soon become more responsive to the traffic they are actually handling, rather than operating largely on fixed timings.The Centre has approved a Rs 1,789.52-crore Intelligent Traffic Management System (ITMS) for the capital, bringing signals, traffic enforcement, emergency vehicle movement and commuter information onto an integrated technology…

What changes for EVs, hybrids and small cars India’s passenger vehicle industry is set for a new fuel-efficiency regime, with the government notifying Corporate Average Fuel Economy (CAFE-III) norms that are set to come into force from April 1, 2027. The framework, which will remain applicable until March 31, 2032, covers new passenger vehicles manufactured…

Small savings schemes are also providing the central government with an additional source of financing. Indians may be moving towards equity investments, but the good old small savings schemes continue to form an important part of their investment portfolio. Be it Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY) or Senior Citizens Savings Scheme (SCSS),…

Anthropic targets $2 trillion valuation despite huge spending and billions in losses Anthropic has put a massive price tag on the AI boom, backing it with an equally heavy spending plan.The AI giant is heading towards a potential valuation of more than $2 trillion even as it plans $518 billion in cloud computing and infrastructure…

PMO official Shaktikanta Das NEW DELHI: Amid the global challenges, the Indian economy is demonstrating strength on the back of robust domestic demand, sustained industrial and services sector activity, and improving labour market conditions, principal secretary to PM Shaktikanta Das said Tuesday.”High-frequency indicators such as GST collections, electricity generation, rail freight movement, wholesale and retail…

Meta Platforms has recruited MongoDB CEO Chirantan Desai to head its new enterprise initiative focused on AI tools. BENGALURU: Indian-origin technology executive Chirantan “CJ” Desai has been named head of Meta’s new enterprise platform, less than a year after taking over as CEO of database company MongoDB. As chief enterprise platform officer, he will report…