Banking And Finance
RBI amends bank board governance norms, new rules to kick in from Oct 1
Mumbai, The Reserve Bank on Tuesday came up with the final amendments to the ‘matters to be placed before bank boards’ aimed at enhancing at lenders. The new rules will…
ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties
Every year, many taxpayers are tempted to inflate or falsely claim deductions in their income tax returns to reduce their tax liability. This could include claiming deductions for investments that…
EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?
EPFO has made it easier for employees to transfer their provident fund balance after they switch employers. The entire process is expected to become automatic for Aadhaar-linked and KYC-compliant Universal…
Annapurna Yojana: Haven’t you received your payment yet? 8 reasons why
The first tranche of funds under the Annapurna Yojana, a direct cash transfer scheme for women, was credited to the accounts of nearly 1.1 crore beneficiaries earlier this month. West…
Market
Gold, silver prices today: Comex gold and silver rebound as softer US inflation eases Fed rate hike fears
Gold and silver prices rebounded on Tuesday, 14 July, as softer-than-expected US inflation and a sharp decline in crude oil prices boosted sentiment for safe-haven assets, prompting investors to return…
Govt reviews fresh bids for IDBI Bank as stake sale process gathers pace
A top government panel held meetings on Monday to review revised financial bids from Emirates NBD and Fairfax Financial Holdings Ltd and decide the next steps in the long-pending strategic…
IBM disappointment sparks crash in Infosys, Wipro ADRs as AI fears rattle tech sector
IBM shares plunged over 25 per cent on the NYSE mid-Tuesday after the company issued weaker-than-expected revenue outlook, citing weakness in its software and infrastructure businesses as customers shifted spending…
IBM shares plunge 26% after Q2 earnings forecast falls short of estimates
Shares of IBM came under heavy selling pressure on Tuesday, 14 July, plunging 26% to $215.67 apiece after the company reported preliminary second-quarter sales below analysts’ estimates, with Chief Executive…
Market
Meta layoffs: 26 employees sue company over alleged AI bias targeting disabled workers
Twenty-six employees of Meta Platforms have filed a novel lawsuit accusing the tech giant of using AI-powered software that disproportionately targeted people with disabilities or who took medical leave in…
Apple in talks with Khosla Ventures-backed PrismML to shrink AI models for iPhone: Report
is reportedly evaluating Khoslaventures-backed startup, PrismML’s technology, which the startup says can shrink powerful AI models enough to run directly on an iPhone while using up to 15x less memory,…
India set to ban Paraquat herbicide, issues draft Order
The Indian government on Tuesday issued a draft order proposing a blanket ban on Paraquat Dichloride, citing its severe toxicity to humans and animals. The draft notification seeks to halt…
Volkswagen’s global model cull could boost India’s role as production, export hub
Volkswagen Group’s plan to eliminate up to 50 per cent of its global model portfolio and 75 per cent of its powertrain and equipment variants by 2030 is expected to…
Axis
