Uttam Ghosh offers his take on the Delhi police's brutal crackdown on Jamia Millia Islamia students on Sunday during a protest against the Citizenship (Amendment) Act.
The Union Cabinet has approved a 3 per cent increase in Dearness Allowance (DA) and Dearness Relief (DR) for over 1.17 crore central government employees and pensioners, effective from July 1, 2026, ahead of Diwali.
Fifteen rooms, seven bathrooms, a home office and even a makeshift ramp! Kolkata-based designer Kiran Uttam Ghosh tells us why her grand home is in fact an opera of opposites.
On Uttam Kumar's birth centenary, actor Prosenjit Chatterjee shares intimate memories of the Bengali matinee idol, recounting how 'Uttam-jethu' not only launched his career but also profoundly influenced his father, Biswajit Chatterjee, and remained a guiding force for their family.
Global brokerage Goldman Sachs has maintained its 'Buy' rating on Paytm, revising its 12-month price target to Rs 2,010. The brokerage anticipates a valuation re-rating for the fintech company, driven by sustained revenue growth, expanding margins, and continuous market share gains, particularly in consumer payments and financial services. Despite flagging higher device capital expenditure, Goldman Sachs remains positive on Paytm's underlying business momentum and future earnings potential.
India's venture capital equity funding for startups has remained largely flat over the past three years, with a slight increase in total funding but a sharp decline in the number of rounds, indicating a concentration of capital in fewer, larger deals, particularly in deeptech and AI sectors.
Uttam Ghosh pays homage to the legendary artist Mario Miranda, who passed into the ages on Sunday, December 11.
India's Consul General in Shanghai, Pratik Mathur, extended greetings to Song Hou, Director General of China's Commercial Aircraft Corporation (COMAC), ahead of his visit to New Delhi for the BRICS Business Forum 2026. Discussions focused on B2B, technology, and connectivity ties, aligning with India's BRICS Presidency vision. The forum precedes the 18th BRICS Summit.
Investors are set to monitor quarterly earnings, crude oil prices, the Jio Platforms initial public offering, and foreign investor activity in the upcoming holiday-shortened week, according to market analysts.
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The Reserve Bank of India (RBI) has marginally raised its retail inflation forecast for the current fiscal year (FY27) to 5.2 per cent from 5 per cent, citing increasing price pressures across various commodities. Concurrently, the Monetary Policy Committee (MPC) unanimously decided to hike the key interest rate (repo) by 25 basis points to 5.5 per cent, shifting its stance to 'calibrated tightening'.
PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.
The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.
The Goods and Services Tax (GST) Council has announced that Input Tax Credit (ITC) will now be available on health and life insurance policies provided by employers to their employees, a move expected to significantly reduce costs for businesses, especially MSMEs.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
India's private equity (PE) industry is transitioning from a 'spray and pray' approach to a more selective investment model, focusing on established businesses, greater strategic influence, and operational transformation to generate definitive returns, according to industry leaders Renuka Ramnath and Amit Chandra.
Non-resident Indian (NRI) deposit schemes witnessed a staggering 678.2 per cent increase, reaching $36.24 billion in the April-July period of FY27, primarily driven by strong FCNR(B) deposit flows and a concessional swap facility introduced by the RBI.
The Supreme Court has mandated that banks must be held accountable for losses incurred by digital fraud victims, ensuring compensation of at least the amount lost if the fraud stems from the financial institution's lack of due diligence. The court emphasised that the proposed RBI regulatory framework must include enforceable provisions for compensation, preventive measures, and institutional accountability, moving beyond mere advisories. The CJI stressed the need for banks to use technology like AI to prevent fraud by monitoring unusual transactions and called for stronger accountability clauses against non-compliant banks.
Researchers have outlined five crucial actions to help the world prepare for a potentially strongest-on-record El Nino, aiming to reduce its severe health consequences like infectious diseases, malnutrition, and heat-related conditions. These recommendations, published in The Lancet, emphasise a comprehensive risk overview and early preparatory measures.
Indian states' capital expenditure (capex) utilisation for April-August FY27 fell to 21.21 per cent, slightly below the 21.73 per cent recorded in the same period of FY26, according to a CAG analysis. Despite the dip, this figure remains the third highest in the past six years, with significant variations observed across states.
A new EY India report highlights how young professionals, women wealth creators, entrepreneurs, ESOP beneficiaries, and digitally active consumers from Tier-2 and Tier-3 cities are fundamentally changing India's wealth ecosystem. This shift is evidenced by increased participation of young and women investors, a rise in disciplined investing via SIPs, and the crucial role of Digital Public Infrastructure in democratizing access to long-term wealth creation. The report predicts over 100 million new investors by 2035.
India's private sector capital expenditure is projected to reach approximately 3.2 trillion in the financial year 2026-27, up from 2.6 trillion in FY26, according to a Reserve Bank of India bulletin report, indicating sustained confidence despite global uncertainties.
FATF Vice-President Vivek Aggarwal has urged the fintech industry to increase investments to combat emerging threats from AI, scam compounds, virtual digital assets, and quantum computing. He warned that these technological challenges pose a significant risk to India's rapid growth in the fintech sector, highlighting a current lack of adequate investment and risk realisation within the industry.
Foreign portfolio investors (FPIs) have withdrawn nearly Rs 5,109.21 crore from Indian government securities under the fully accessible route (FAR) in just three days, driven by global uncertainty, elevated crude prices, rising US Treasury yields, and a depreciating rupee.
The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
'Tax recovery will continue through attachment and sale of assets and other recovery mechanisms, but personal arrest will no longer form part of the prescribed recovery process.'
Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
Uttam Ghosh offers his take on the smile fest at the SCO summit in Tianjin.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.
Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
The Indian government is pressing all states and Union Territories (UTs) to publish their rules under the four new labour Codes by October 31, aiming to fully operationalise the new labour law framework. This move is crucial as labour falls under the concurrent list, requiring state-level rule-making for effective implementation.
Smallcap funds have emerged as the primary beneficiaries of the systematic investment plan (SIP) wave in Indian mutual funds over the past five years, with their SIP assets surging to approximately 1.83 trillion by March 2026, a fivefold increase.
Non-banking financial companies (NBFCs) experienced a significant 68.5 per cent year-on-year growth in gold-backed credit in July 2026, while banks saw their gold loan growth moderate to 88.1 per cent from 136.4 per cent a year prior, according to RBI data.
India's Consumer Affairs Secretary Nidhi Khare announced that cab aggregators have been ordered to cease advance tipping options, deeming the practice misleading and unfair. This follows the Central Consumer Protection Authority (CCPA) imposing a Rs 10 lakh penalty on Rapido for unfair business practices, including advance tipping and "dark patterns" that pressure users to pay more. Investigations into Uber and Ola are ongoing, with the government emphasizing that tipping should be voluntary and post-ride.
India's 10 largest pharmaceutical companies have consistently maintained positive average volume growth throughout 2026, while smaller rivals have experienced more erratic performance, driven by a market shift towards chronic and sub-chronic therapies.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
