As artificial intelligence moves from recommending actions to independently executing them, banks may have to develop a new layer of checks similar to the decades-old Know Your Customer, or KYC,…
Category: Banking And Finance
Bought multiple homes after selling one property? This ₹23.76 crore tax case has an important lesson for homeowners
A Mumbai bench of the Appellate Tribunal (ITAT) has allowed a taxpayer’s claim for Section 54 exemption on investments made in more than one property, while also allowing expenses incurred…
Can children claim a share in their father’s property? Know the difference between ancestral and self-acquired property
A common misconception in family property matters is that children automatically have a legal share in every property owned by their parents. Under Hindu law, however, the rights of children…
Rule of 70 for retirement: How this simple formula helps estimate when savings may double
Planning for retirement requires careful consideration of how quickly your savings can grow over time. This estimate can give you an idea of the retirement corpus you might need and…
How to invest your retirement corpus? 3-bucket strategy explained for retirees seeking regular income
does not end with building a retirement corpus. Once regular salary income stops, the bigger challenge is managing that corpus so it can meet day-to-day expenses, fund lifestyle goals and…
Gold, silver prices today, 10 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices: The price of the yellow metal in India’s retail market declined on Thursday, 10 September, amid ongoing uncertainty over the US-Iran conflict and a peaceful resolution…
8th Pay Commission: 5 key demands raised by Chennai GPO Pensioners Forum
The 8th Pay Commission concluded its meetings in Chennai on 7 and 8 September. It was a key meeting for eligible employee unions and associations to present their views before…
₹34 lakh tax relief for F&O trader: Why ITAT Delhi rejected the ‘speculative loss’ tag
A Mathura-based taxpayer who earned ₹8.64 crore from his real estate trading business and incurred a loss of around ₹34 lakh from futures and options (F&O) trading in the stock…
Global Fintech Fest 2026: Agentic AI, tokenisation and quantum—how these 3 technologies could change how you invest
The Global Fintech Fest 2026 is bringing together some of the biggest conversations in financial technology. This year, the theme of the event centres on three key technologies: agentic ,…
SRG housing loans worth Rs 400 crore may be fictitious: National Housing Bank
Mumbai: (NHB) has red-flagged its exposure to Rajasthan-based after an found suspected fictitious loan accounts of about ₹300-400 crore in the books of the lender, two people familiar with the…