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ED arrests ex-Haryana government official in IDFC Bank fraud caseNaresh Kumar was arrested on June 10 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. He was produced before a ...- Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- EV, FinTech jobs set to deliver biggest raisesIndian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors le...
- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
- 'I was promised a position, but management hired an unqualified person for that position instead': An employee was promised a promotion, but spent two years doing the outside hire's job for himA European man with 15 years of automotive expertise faced a broken promise of promotion. His company hired an outsider for a leadership ro...
- RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...
- ‘I've stopped using exclamation marks when responding to emails from my boss’: When a boss told an employee to “get over” their mother’s death, the employee’s response left the internet thrilledA grieving employee, after their boss dismissed their mother's death as an inconvenience, subtly withdrew their performative cheer by remov...
- RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
- Employee has to work on a holiday, but when HR claims she can't get paid overtime, the boss has a clever suggestionAn hourly employee faced a payroll nightmare after working on a paid national holiday, only to have overtime pay vanish. HR blamed a system...
- RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
- 'You want me to quit? Sure': Gen-Z retail employee quit after boss said “work somewhere else,” triggering an 8-person walk-out over shady pay rulesA boss's dismissive attitude towards his young, female staff backfired spectacularly. When an employee challenged illegal practices, he thr...
- Software developer fired by toxic boss without warning gets full 20 vacation days after termination letter mistake, leaves critical project unfinishedA software developer faced daily abuse from his boss after a bug in his code. He was eventually fired without warning. However, a terminati...
- Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
- Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
- A $40,000 raise and the CFO seat are within reach, but one employee in his early 30s says the promotion isn't worth itA finance director at a nonprofit is contemplating declining a promotion to CFO, despite being the likely successor. He enjoys hands-on fin...
- RBI panel to evaluate impact of quantum tech in financeThe Reserve Bank of India has formed an eight-member committee to explore quantum technology's role in finance. Headed by an IIT Madras pro...
- RBI to examine role of quantum technology in strengthening financial sectorThe Reserve Bank of India is forming an expert committee to study quantum technology's role in finance. This new technology could revolutio...
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