Clipped from: https://www.business-standard.com/finance/personal-finance/lost-your-luggage-this-1-19-lakh-indigo-case-shows-you-can-fight-back-126043000196_1.html A detailed order from a Jammu & Kashmir consumer court has laid out exactly how a routine baggage loss turned into a ₹1.19
Day: May 1, 2026
Working on weekends? What labour laws say about your right to rest | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/working-on-weekends-what-labour-laws-say-about-your-right-to-rest-126050100667_1.html As weekend work creep intensifies, we explain the laws for pay and compensatory leave – and the professional risks of asserting your rights
*RBI’s ECL norms may cause up to 120 bps one-time hit for banks: Crisil – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-ecl-norms-may-cause-up-to-120-bps-one-time-hit-for-banks-crisil/article70927561.ece Crisil said banks would be allowed to spread the impact over four financial years, while additional provisioning buffers could further mitigate the hit
*Rs 13 lakh cash payment for credit card bill triggers tax notice; man wins case after ITAT accepts ‘family gift’ explanation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rs-13-lakh-cash-payment-for-credit-card-bill-triggers-tax-notice-man-wins-case-after-itat-accepts-family-gift-explanation/articleshow/130631512.cms When Mr Mehta from Shivaji Park, Mumbai, Maharashtra filed his income tax return (ITR), showing an income of Rs 6.3 lakh after paying
*****Advice from RBI DG Mr Swaminathan J-Courte y BL
Clipped from: https://www.thehindubusinessline.com/news/banking-built-on-judgment-and-not-just-models-says-rbi-deputy-guv/article70924422.ece His lecture tied in three strands together — theory, practice, and supervision — to argue that finance must ultimately serve a public purpose
Is AI a mere cover to lay off staff? – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/is-ai-a-mere-cover-to-lay-off-staff/article70925644.ece Here, the corporate ‘earnings call’ story outruns the technology. Disclosure norms need to be tightened Every technology of consequence eventually finds itself in
*****New credit loss norm could hurt – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/new-credit-loss-norm-could-hurt/article70925762.ece The ECL rules risk exclusion of capable, asset-light borrowers — favouring weaker borrowers with collateral For decades Indian banks managed bad loans under
*Digitisation can be toxic – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/digitisation-can-be-toxic/article70925699.ece A safer way to deal with e-waste is urgently needed Over the past decade, India has witnessed a digital transformation of extraordinary scale.
Gold loans: Reading the growth right | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gold-loans-reading-the-growth-right-126043001487_1.html Illustration: Binay Sinha Listen to This Article Recent media reports have highlighted the rapid growth in personal gold loans and the potential risks
US jobless claims fall to decades low as layoffs stay largely subdued | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-jobless-claims-fall-to-decades-low-as-layoffs-stay-largely-subdued-126043001624_1.html Continuing claims, a proxy for the number of people receiving benefits, dropped to 1.79 million in the previous week, the lowest in two
Why Powell chose a high-stakes path to stay at Fed after chair term ends | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/why-powell-chose-a-high-stakes-path-to-stay-at-fed-after-chair-term-ends-126043001637_1.html The question now is whether Powell’s continued presence at the Fed will further inflame tensions between the administra- tion and the central bank
Govt bars Mythos testing in banks, move to counter any potential threat – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/govt-bars-mythos-testing-in-banks/4222416/ Stance may be reviewed after US sandbox results on frontier AI model India Bars Banks from Anthropic’s ‘Mythos’ AI: Pre-emptive Ban on Unreleased
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