Banking supervision: Need to shift from snapshot checks to continuous oversight; says RBI deputy governor

Reserve Bank of India Deputy Governor Swaminathan J on Friday called for a fundamental shift in banking supervision, stressing that oversight must move from periodic, point-in-time assessments to continuous awareness, as digital risks increasingly redefine financial stability, PTI reported. Speaking at the Third Annual Global Conference of the College of Supervisors on ‘Issues and Challenges…

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Budget 2026: Top 4 things FM Sitharaman should do for gold loan NBFCs

Budget 2026 should introduce a gold-linked credit line via UPI, enabled for NBFCs. (AI image) By George Alexander MuthootUnion Budget 2026 comes at a critical juncture for India’s growth journey. With political stability, resilient macro fundamentals and strong domestic demand, the government has an opportunity to deepen financial inclusion while accelerating credit-led growth. For the…

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Budget 2026: ESOP tax treatment cries out for certainty

Employee Stock Option Plans (ESOPs) have emerged as a critical tool for companies to attract and retain talent. Yet, despite their growing use, especially in multinational group structures, the tax treatment of ESOPs in India continues to be riddled with uncertainty, leading to disputes for both employers and employees.Two areas warrant urgent attention which Budget…

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HCLTech Q3 results: Net profit falls 11.2% to Rs 4,076 crore; revenue rises 13.3%

IT services firm HCLTech on Monday reported an 11.2% year-on-year decline in consolidated net profit to Rs 4,076 crore for the October–December quarter of FY26, compared with Rs 4,591 crore in the year-ago period.The Noida-headquartered company, however, posted strong top-line growth, with revenue from operations rising 13.3% to Rs 33,872 crore in the third quarter,…

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COLA Explained: What the first Social Security ‘stimulus’ payment of 2026 really means for Americans | Business

FILE – The Social Security Administration’s main campus is seen in Woodlawn, Md., Jan. 11, 2013. (AP Photo/Patrick Semansky, File) When the first Social Security cheques of 2026 start landing on January 14, nearly three-quarters of the US will experience a familiar but quietly consequential ritual. A new cost-of-living adjustment (COLA) kicks in, lifting monthly…

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Budget 2026: Stronger incentives, easier credit, tax relief & beyond — startups make their pitch

Union Budget 2026 is set to be presented on Sunday, February 1 and the startup ecosystem has laid out a clear set of expectations, calling for policy measures that prioritise early-stage survival, easier financing and simpler regulatory processes. Founders across sectors highlighted that although multiple government schemes exist to support entrepreneurship, young startups continue to…

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Gold price today: How much 22K, 24K gold cost in Delhi, Hyderabad & other cities – Check rates

Gold futures rallied sharply on Monday, touching fresh record highs in domestic and international markets as investors flocked to safe-haven assets amid rising geopolitical tensions and renewed focus on developments around the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold futures for February delivery jumped by Rs 2,431, or 1.8%, to hit a record…

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