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One of the most visible benefits of WFH is the removal of long daily commutes.
Updated : May 12, 2026

From less commuting to better focused : Here are the biggest benefits of working from home

The shift has also encouraged companies to hire talent from a wider geographical pool rather than focusing only on major urban centres.

Videos of the salon quickly spread across social media, with many users initially believing the kiosk was still a functioning ATM.
Updated : May 12, 2026

Bihar’s viral ATM salon has internet asking: Cash withdrawal or haircut?

The familiar SBI branding, ATM board, and kiosk structure remained intact, giving passersby no reason to suspect anything unusual.

In high-risk war zones, foreign insurers and reinsurers often either sharply increase premiums or withdraw coverage entirely. This creates major problems for countries dependent on imports and exports
Updated : May 12, 2026

Bharat Maritime Insurance Pool launched -- why India has floated a $1.5 bn shipping risk cover

India has launched the Bharat Maritime Insurance Pool (BMIP), a $1.5 billion government-backed maritime insurance mechanism aimed at protecting shipping and trade operations during geopolitical crises and war-like situations. The move comes amid rising West Asia tensions and concerns over disruption in global maritime insurance coverage.

The RBI said the cancellation of licence comes into effect from the close of business on May 12, following which the bank will no longer be permitted to conduct banking operations.
Updated : May 12, 2026

RBI cancels Mumbai’s Sarvodaya Co-op Bank licence; deposits insured up to ₹5 Lakh

RBI said the bank failed to meet multiple Banking Regulation Act norms, citing inadequate capital, weak earnings prospects, and non-compliance with key regulatory requirements.

SBI Research said imported inflation pressures have remained contained so far despite volatility in currency markets and global commodity prices, mainly because retail fuel prices in India have largely stayed stable.
Updated : May 12, 2026

SBI warns West Asia crisis impact yet to fully reflect in India’s inflation data

SBI Research has warned that the full inflationary impact of the ongoing West Asia crisis may not yet be visible in India’s retail inflation data despite rising geopolitical tensions and crude oil concerns. India’s CPI inflation rose marginally to 3.48% in April 2026, remaining below the RBI’s 4% target.

Ankit said the proposed system was designed to make digital payments safer for users.
Updated : May 12, 2026

After father lost ₹20,000 online, student develops new UPI fraud-proof model

The student had earlier reported technical vulnerabilities in UPI applications that could allegedly be exploited by cyber criminals.

Tata Chemicals CEO R Mukundan takes charge as new CII President
Updated : May 12, 2026

Meet CII's new leadership team: Tata Chemicals CEO R Mukundan takes charge as president

R Mukundan succeeds EY India Chairman Rajiv Memani, who served as CII president for 2025-26.

Nearly 98% of India’s home services market still operates offline, making it one of the country’s largest untapped digitisation opportunities.
Updated : May 12, 2026

Are Snabbit, Urban Company, and Pronto fighting India’s next app war?

As convenience moves beyond groceries, startups are racing to digitise India’s fragmented home services market.

Jefferies said FY12-13 saw severe CAD stress as gold imports crossed US$50 billion, while 2026 is again seeing rising imports and rupee pressure.
Updated : May 12, 2026

Why Jefferies sees FY13 gold crisis echoes in PM Modi’s latest appeal

Jefferies has warned that Prime Minister Narendra Modi’s appeal to avoid gold jewellery purchases for one year resembles the policy messaging seen during India’s FY13 current account deficit crisis. The brokerage said rising gold imports, rupee weakness and elevated crude oil prices could revive concerns around CAD pressure and potential gold-related policy tightening.

Vedanta chairman Anil Agarwal
Updated : May 12, 2026

Sell 24 PSUs, ramp up output: Vedanta chairman's answer to India's forex stress

'Given our geology and our existing assets, we can massively increase production quickly. It has happened in past,' says Vedanta's Anil Agarwal

PwC backs PM Modi's austerity push, asks staff to limit business travel
Updated : May 12, 2026

'Travel only if clear business need': PwC tells employees after PM Modi's save fuel appeal

The consulting firm said it had taken note of Prime Minister Narendra Modi's appeal for "restraint and responsible consumption" as part of a broader push for fiscal prudence and austerity.

 India has retained its inflation target at 4%, with a tolerance band of 2%-6%, for the five-year period from April 1, 2026 to March 31, 2031.
Updated : May 12, 2026

Retail inflation rises to 13-month high of 3.8% in April as food prices climb

The latest consumer price inflation (CPI) print matched Reuters poll estimates of 3.8%. India has retained its inflation target at 4%, with a tolerance band of 2%-6%, for the five-year period from April 1, 2026 to March 31, 2031.

Edible oil prices are indirectly linked to the volatility in crude oil prices.
Updated : May 12, 2026

Can reducing cooking oil save India’s forex reserves?

India’s total demand for edible oil is 27 million tonnes annually. While the domestic production is about 11 million tonnes, around 16 million tonnes of vegetable oil are imported each year

Union Petroleum Minister Hardeep Singh Puri
Updated : May 12, 2026

'Do some homework before jumping...': Hardeep Puri blasts critics over PM Modi's fuel-saving call

'We strategically hold enough energy for 74 days, and continue to further expand our capacity,' says Hardeep Puri

The Gross NPA ratio declined to 1.93%, while the Net NPA ratio dropped to just 0.39% as of March 31, 2026 — the lowest levels recorded historically.
Updated : May 12, 2026

Public sector banks post record ₹1.98 lakh cr profit in FY26 as NPAs hit historic lows

Public Sector Banks (PSBs) posted a record net profit of ₹1.98 lakh crore in FY26, marking the fourth straight year of profitability amid strong credit growth and improving asset quality. PSBs also achieved their lowest-ever Gross and Net NPA ratios, reflecting stronger balance sheets and better risk management.

The company is looking at build-to-suit arrangement, a tie up with both the server chip supplier, GPU supplier, as well as the end user.
Updated : May 12, 2026

 What is L&T’s ₹100-billion data centre business model?

 L&T will create 200 MW Data centre capacity over next 5 years with focus on AI-ready infrastructure eyeing global hyperscalers and quantum computing organisations 

The rupee hit a fresh record low of 95.63 against the US dollar on Tuesday
Updated : May 12, 2026

Why a weakening rupee may further delay India's $5-trillion economy dream

India's macroeconomic fundamentals are coming under pressure as Brent crude trades above $100 per barrel and transport and insurance costs rise sharply because of the ongoing West Asia conflict

India-bound fertiliser shipment scrapped after questions over Iran links (Representational image)
Updated : May 12, 2026

India-bound urea shipment pulled after Iran link concerns: Report

The development comes at a sensitive time for India, the world's largest urea importer, as the ongoing West Asia conflict disrupts fertiliser supply chains and pushes global prices sharply higher.

Sources indicated that the government may cap ethanol blending in petrol at 25 per cent.
Updated : May 12, 2026

Govt discussing E21 fuel rollout by 2027, may cap ethanol blending at E25

India had earlier accelerated its ethanol blending programme and achieved the rollout of E20 petrol ahead of earlier timelines. The next phase of blending, however, is expected to be more calibrated due to concerns around engine compatibility, mileage efficiency and infrastructure readiness.

Designed by architect Sandeep Khosla of Khosla Associates, the villa follows a clear architectural principle centred on openness, natural light and airflow.
Updated : May 12, 2026

Red tiles, open courtyards, European art: Take a look at Kiran Mazumdar-Shaw’s 17,000 sq ft Spanish Villa in Bengaluru 

Glenmore is built in the style of a Mediterranean Spanish villa, an architectural form rarely seen in Bengaluru but adapted here for the local climate.

Kotak ended by calling for what he described as a “low-cost reshaping” of the Indian economy.
Updated : May 12, 2026

'Get ready for tough times': Uday Kotak's warning as Iran conflict impacts India, triggers WFH warning

He said the global economic order had entered a volatile “tribal” phase and urged businesses and policymakers to adopt a mindset of “strategic paranoia”.