CBIC cuts paperwork in deferred customs duty scheme to boost MSME participation and ease cash flowThe CBIC is simplifying its deferred customs duty scheme for manufacturers. Paperwork has been reduced from ten documents down to just thre...
16 Sep, 2026, 11.57 PM IST
Oracle begins new round of layoffs: ReportPer documents accessed by the publication, emails were sent to impacted employees across multiple departments. They were offered four week ...
15 Sep, 2026, 08.44 PM IST
No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...
15 Sep, 2026, 06.35 PM IST
Vi eyes Rs 35,000-cr loan to fund next decade's capexVodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of t...
15 Sep, 2026, 04.54 PM IST
He earns Rs 3.2 lakh a month but saved just Rs 25,000: CA reveals how his client could build Rs 2.75 crA 38-year-old earning Rs 3.2 lakh monthly was saving only Rs 25,000, CA Paaras Gangwal revealed on X. His financial plan included Rs 72,000...
15 Sep, 2026, 09.12 AM IST
Dredging Corporation tells Delhi HC it faces cash crunch over ₹51-crore Mercator Award; court warns of coercive actionThe disclosure came in an additional affidavit filed by the Corporation in execution proceedings before Justice Om Prakash Shukla. Accordin...
14 Sep, 2026, 06.38 PM IST
RBI system liquidity surplus at record high: What it means for loans, FDs and investmentsA record Rs.10 trillion-plus surplus is lowering borrowing costs, but complicating RBI’s inflation fight.
14 Sep, 2026, 06.30 AM IST
Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
12 Sep, 2026, 06.50 AM IST
SBI developing solution to use UPI data for checking creditworthiness of small bizState Bank of India is developing a UPI data solution for small businesses. This initiative aims to assess creditworthiness without requiri...
11 Sep, 2026, 09.52 PM IST
Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
11 Sep, 2026, 07.36 PM IST
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
11 Sep, 2026, 12.23 PM IST
GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
10 Sep, 2026, 01.57 PM IST
Vodafone Idea shares price in focus as Jefferies initiates coverage with Buy rating. Why are analysts bullish?Jefferies has initiated coverage on Vodafone Idea with a ‘Buy’ rating and a Rs 20 price target, implying 29% upside. The brokerage expects ...
10 Sep, 2026, 01.17 PM IST
‘99% accuracy is not enough’: SBI chairman lays out three rules for trusted AIFinancial institutions must build trust into agentic AI systems from the outset. These systems require 100% accuracy and consistent perform...
10 Sep, 2026, 11.36 AM IST
Banks need to invest more in digital, financial literacy to tackle cyber fraud: Bank of Baroda MDBank of Baroda MD and CEO Debadatta Chand said the financial system needs to invest significantly more in financial and digital literacy to...
09 Sep, 2026, 08.45 PM IST
India's retail credit market shifts to rural, GenZ borrowers via digital platformsYounger consumers and rural households are driving India's retail credit market growth. These aspirational borrowers now account for most n...
09 Sep, 2026, 02.22 PM IST
Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...
08 Sep, 2026, 05.00 PM IST