Beyond Routine Transactions: Human Connection in Banking
This article explores how banking transcends mere financial transactions, emphasizing the importance of human relationships, trust, and community in the financial sector.
Category : Business
RBI Pauses Repo Rate Amid War Shocks, Inflation Risks
The Reserve Bank of India maintains the repo rate unchanged, adopting a cautious wait-and-watch stance due to global uncertainties and persistent inflation pressures.
ONGC Chief: India Must Reduce Dependence on West Asia for Oil
ONGC Chairman Arun Kumar Singh cautions India to rethink its energy security strategy amid global tensions, urging investment in strategic storages and domestic exploration.
Punjab Wheat Season Hit by Rains, Procurement Surges
Punjab's wheat season faces challenges from unseasonal rains and winds, with procurement up sharply. Damage assessed on 1.35 lakh acres, but arrivals increase to 21,547 MT.
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Wedding Card Prices Surge in Indore Amid Global Paper Shortage
Wedding invitation costs in Indore have risen 15-20% due to global supply disruptions. Imported paper prices increased 8-10%, forcing printers to pass expenses to customers amid robust demand.
7000 VAT Cases Pending for Fuel Dealers in MP, Deemed Assessment Urged
Nearly 7000 VAT assessment cases for petrol and diesel dealers are pending in Madhya Pradesh for FY 2024-25. Tax professionals urge the state government to implement a deemed assessment scheme to clear the backlog by the December 2026 deadline.
Form 121 Replaces 15G/H: New TDS Rules for Pensioners
From April 1, Form 121 replaces Forms 15G and 15H for TDS exemption. New rules include two-year ITR disclosure, special provisions for those turning 60, and stricter income limits for non-senior citizens.
CAFE 3 Norms to Enhance Fuel Efficiency, Support EVs from 2027
India's new CAFE 3 draft norms aim to cut fuel consumption and CO2 emissions, offering credits for EVs and hybrids, with targets starting April 2027.
Nagpur Ordnance Factory Workers Protest Pay and Labor Changes
Workers at Ordnance Factory Ambajhari in Nagpur held symbolic protests against management's decision to halt overtime payments and increase contract labor, with threats to escalate agitation if demands are unmet.
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Tata Chairman Urges Air India Staff to Control Costs, Stay Grounded
Tata Sons chairman N Chandrasekaran addressed Air India employees, emphasizing cost control, service improvement, and staying grounded amid industry challenges, while reaffirming the group's commitment to the airline.
SIP Inflows Hit Record High Despite Market Turmoil in March
Despite extreme volatility in stock and debt markets during March, retail investors poured a record Rs 32,087 crore into mutual funds via SIPs, showcasing disciplined investing. Net equity inflows also remained strong at Rs 40,450 crore.
56 Arrested as Wage Protest Turns Violent in IMT Manesar
A peaceful wage protest by workers at IMT Manesar escalated into violence, leading to the arrest of 56 individuals. Police intervened after clashes and property damage occurred.
RBI Proposes Rs 1 Lakh Crore Asset Threshold for NBFC Regulation
The Reserve Bank of India proposes replacing a complex scoring system with a Rs 1 lakh crore asset threshold to identify large NBFCs for stricter oversight, impacting Tata Sons and government-owned entities.
Shapoor Mistry Pushes for Tata Sons Public Listing
Shapoor Mistry, representing the largest minority shareholder in Tata Sons, advocates for a public listing to unlock value, enhance governance, and address SP Group's financial pressures amid RBI norms.
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Markets Rally on West Asia Peace Hopes, Sensex Gains 919 Points
Global markets, including India's Sensex, rose as investors bet on a potential end to the West Asia conflict. Foreign funds returned with a Rs 672 crore inflow, while tech stocks fell due to AI concerns.
Jharkhand RERA Fines 77 Builders Rs 83.5 Lakh for Non-Compliance
JRERA imposes Rs 83.5 lakh penalty on 77 builders for failing to submit quarterly reports and ignoring court summons. Chairman warns of bank account freezes for non-payment.
Gujarat-Taiwan Industrial Park to Generate 12,000 Jobs
Gujarat signs MoU with Allegiance International Company Ltd to develop an Indo-Taiwan Industrial Park in Sanand-Dholera, aiming to attract Rs 1,000 crore FDI and create 12,000 jobs in semiconductor and electronics sectors.
Govt Urges Industry to Share Burden, Not Just Pass On Costs
A senior government official has urged industries to absorb some rising raw material costs instead of passing them all to consumers, amid supply chain disruptions from West Asia conflicts.
Hyderabad DGGI Arrests Two in ₹273 Crore GST Fraud Cases
The Directorate General of GST Intelligence in Hyderabad has arrested two individuals for allegedly orchestrating fake input tax credit networks through dummy firms, involving fraud of ₹260 crore and ₹13 crore respectively.
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Benami Probe Finds ₹21.4 Crore Diversion from Hyderabad Institution
Income Tax Department attaches property in Medchal Malkajgiri after probe reveals alleged diversion of institutional funds via fake bills and duplicate accounts from a religious educational institution.
Mumbai Builder-Buyer Dispute Leads to Cross FIRs
A dispute between a builder and a buyer in Mumbai's Oshiwara has resulted in cross FIRs, with allegations of cheating and extortion. The case involves delayed possession and threats, with the builder currently on the run after bail rejection.
HC Orders HDFC Bank to Refund Rs 38 Lakh Lost in Cyber Fraud
The Bombay High Court has directed HDFC Bank to refund Rs 38 lakh to a customer who lost the amount in a 2021 cyber fraud, citing RBI's 2017 circular on customer protection.
DH Toon Satirizes 'What's the Update?' Work Culture
A recent DH Toon cartoon humorously critiques the pervasive 'What's the update?' culture in modern workplaces, highlighting its impact on productivity and employee stress.
Bhopal Ring Road Project Cleared After Years of Delay
The long-pending Bhopal ring road project has been approved with a revised alignment for the western bypass. The 35.61-km four-lane corridor aims to reduce city traffic and cut travel time by one hour.
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India's Economy to Grow 7.5% in FY27, Boosted by Key Sectors (11.04.2026)
India's economy is forecast to expand by 7.5% in the fiscal year 2026-27, with strong contributions from the manufacturing and services sectors, according to recent economic analysis.
Telangana Boosts Kakatiya Textile Park with Infrastructure
The Telangana government is prioritizing social infrastructure development at the Kakatiya Mega Textile Park to attract investments and accelerate growth, addressing connectivity and housing gaps.
De Beers Reduces Sightholders Amid Lab-Grown Diamond Surge
De Beers plans to cut around 25% of its sightholders, with Surat-based firms heavily impacted. Lab-grown diamond exports soar while natural diamond exports decline, signaling a major industry shift.
Namma Metro Blue Line Trains May Arrive, Depot Link May Delay
Bengaluru's Namma Metro Blue Line is set to receive two new trains in May 2026, but trial runs may be delayed due to pending depot connectivity work, according to sources.
Prayagraj Offers 25% Tax Rebate for New Residential Properties
Prayagraj Municipal Corporation introduces a 25% tax rebate for newly constructed residential buildings, providing financial relief to homeowners and encouraging tax compliance.
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Karnataka Leads India in Hydropower with Record Output
Karnataka achieves a historic high in hydroelectric power generation, producing 15,509 million units in 2025-26, reinforcing its leadership in India's clean energy sector with century-old infrastructure.
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