Career News & Insights

Banks bank on cash recyclers in new ATM cycle

Indian banks are set to deploy nearly 17,350 ATMs in the coming months. A significant majority of these will be advanced cash recyclers. This move signals a shift towards modern technology for better efficiency and lower costs. Banks are prioritizing smarter machines that reduce cash handling needs and improve service availability.

Distribution costs weigh on value of insurance products

Insurance product value is shrinking due to high commissions and operating expenses. Experts highlight concerns with credit-linked life, non-linked, motor third-party, and retail health policies. Despite tax reforms, these costs impact customer returns. Industry growth has stagnated while expenses climb. A committee is now examining distribution costs.

Budget 2026: Need for an overhaul of the TDS framework

Income-tax refunds have risen sharply from Rs. 1.92 lakh crore in FY21 to Rs. 4.76 lakh crore in FY25. A substantial portion of these refunds is attributed to excess TDS.

TCS reports 14% fall in Q3 profit, to pay Rs 57 dividend

Google Gemini and Search gain agentic commerce tools backed by Flipkart, Wayfair and Target: How shopping will change

Google has announced new AI-driven shopping tools on Sunday, which includes an open commerce standard, agent-powered checkout in Search and Gemini, branded AI sales agents and a new ad format aimed at simplifying discovery and purchase for online shoppers.

Budget 2026: Textile industry body seeks permanent removal of cotton import duty; flags cost pressure, export risks

The Confederation of Indian Textile Industry (CITI) is urging the government to permanently remove the 11% import duty on cotton in the Union Budget 2026. This levy is increasing costs and harming the global competitiveness of domestic manufacturers, especially as domestic production declines and competing nations offer duty-free imports.

Vande Bharat sleeper fares out! Indian Railways to launch new train on Howrah-Guwahati route; check ticket price & top features

Vande Bharat sleeper launch: Indian Railways is set to launch its first Vande Bharat sleeper train this month, with services beginning on the Howrah–Guwahati route and fares starting at around Rs 2,300.

PFC to raise upto ₹5000 crore debt yielding upto 7.3%

PFC announced that the base issue will be ₹500 crore with an option to raise the rest ₹4500 crore later on

PLI push, Kusum 2.0, PM Surya Ghar acceleration: Solar industry’s wish list for Union Budget

Speaking to The Hindu, Subrahmanyam Pulipaka, CEO at the industry body National Solar Energy Federation of India, held the solar sector is no more a sub-sector of the power sector and its aspirations have increased in the same proportion.

HCL Tech’s Q3 net slips 11%, board declares interim dividend of ₹12 for FY26

‘Additional one-time cost towards the implementation of new labour codes had a ₹956 crore impact on the company’s PAT in the quarter’

Public sector banks appeal against stay on fraud classification proceedings against Anil Ambani

The banks challenged a single Bench order passed in December 2025 granting interim relief to Ambani and his company

Indian Crypto Startups Brace For Compliance Storm Under New KYC Mandates

India’s Financial Intelligence Unit (FIU) has updated protocols for cryptocurrency exchanges to improve anti-money laundering (AML) and KYC measures in…