April 30, 2026

Business

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

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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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America’s tariff headache: Trump’s levies hit jobs harder than prices — here’s why

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A year after US President Donald Trump introduced a fresh round of tariffs, the economic fallout has proven uneven, with employment taking a clearer hit than prices. At the time, economists warned that the measures would drive up inflation and push unemployment higher. Data from 2025 suggests those concerns were only partly true. While the…

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

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

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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

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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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Stock market holiday: BSE, NSE to remain shut on January 15; here’s what happens to F&O expiry

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Indian stock markets will remain closed on January 15 after exchanges revised their schedules in view of municipal corporation elections in Maharashtra. Both BSE and NSE have now declared a full trading holiday for the day, replacing an earlier notification that had marked it only as a settlement holiday, ET reported.According to BSE, trading across…

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UAE content creators can now sell globally on Amazon under new Foundry agreement

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Amazon launches Creators Foundry to help UAE influencers sell worldwide Dubai has once again positioned itself at the forefront of the global creator economy, with a major new initiative designed to help digital creators turn their influence into entrepreneurial success. On the sidelines of the fourth 1 Billion Followers Summit in Dubai, Creators HQ (the…

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