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Sharing the decision on X, Anupam Mittal said employees would now work remotely every Wednesday.
Updated : May 13, 2026

'30,000 litres of petrol...': Anupam Mittal announces WFH for 500 employees

The announcement comes days after Modi urged citizens and businesses to revive pandemic-era practices such as work-from-home, online meetings and video conferences.

According to the Sebi, the UPSI period lasted from September 8 to September 25, 2023, before the Burman Group’s open offer for a 26% stake in REL at Rs 235 per share was publicly announced.
Updated : May 13, 2026

SEBI finds Rashmi Saluja guilty of insider trading in Religare shares, orders Rs 1.99 cr disgorgement

SEBI has held former Religare Enterprises chairperson Rashmi Saluja guilty of insider trading in the company’s shares linked to the Burman family’s open offer announcement. The market regulator ordered disgorgement of Rs 1.99 crore and imposed a Rs 40 lakh penalty.

According to SBI Research, wider price gaps between international and domestic gold markets have historically encouraged smuggling and grey market activity in India.
Updated : May 13, 2026

Will higher gold prices and import duty increase illegal gold trade in India?

The Centre’s decision to increase customs duty on gold imports to 15% is expected to raise domestic bullion prices and reduce official imports, but experts warn it may also increase incentives for illegal gold trade.

While the higher duty may potentially lower purchases of gold but might not have a significant impact on the import bill.
Updated : May 13, 2026

Will the hike in customs duty on gold, silver reduce India’s import bill? 

Rising global prices of the precious metals, preferential access through India-UAE CEPA could keep value, volumes high.

Harsh Goenka, chairman of RPG Enterprises
Updated : May 13, 2026

Why is private capex still weak? Harsh Goenka lists what's stopping India Inc

Earlier this month, Chief Economic Advisor V Anantha Nageswaran publicly questioned why private investment remained weak despite a sharp rise in corporate profitability after the Covid-19 pandemic

Sir Ratan Tata Trust (SRTT) holds a 23.56% stake in Tata Sons, while Tata Trusts collectively own around 66% equity in the group holding company.
Updated : May 13, 2026

Bombay HC allows withdrawal of plea challenging Sir Ratan Tata Trust structure

A division bench of Justice Advait Sethna and Justice Sandesh Dadasaheb Patil permitted petitioner Suresh Tulsiram Patilkhede to withdraw the plea. During the hearing, the bench observed that the petitioner “has not been fair” and noted that he lacked the locus to maintain the petition before the court.

The department will accordingly hold training programmes on four themes for capacity building of officials.
Updated : May 13, 2026

How CBDT is focusing on capacity building and revenue mobilisation in FY27

 Central Action Plan proposes training programmes for officials with new Income Tax Act, meeting Budget tax targets, arrear collection.

Business correspondents of banks have increased from around 540,000 to over 1.6 million.
Updated : May 13, 2026

How can retail participation in bonds be increased? Read about Sebi’s plan

Markets regulator Sebi is mulling specialised set of distributors who would only focus on the bond market.

S&P sees India strong enough to absorb crude shock, rising import bill
Updated : May 13, 2026

'Indian economy is sound, has enough buffers to...': S&P calms oil shock fears

The concerns around foreign outflows from India were "a bit overplayed", says S&P

India’s crude basket has become costlier, raising import bill pressures. Higher oil prices and a weaker rupee are making dollar-denominated imports more expensive.
Updated : May 13, 2026

How a falling rupee is making India pay more

Higher crude prices are making imports more expensive, while the weakening rupee is further inflating India’s import costs by making every dollar purchase costlier

PM Modi urges austerity, raises customs duty on gold and silver to control India’s import bill and current account deficit
Updated : May 13, 2026

BT Explainer: Why the Current Account Deficit is under pressure

As the West Asia crisis continues and oil prices remain high, India’s CAD is seen to surge this fiscal and the government is taking measures to curb it

While LPG remains the primary cooking fuel for many households, CNG and PNG are emerging as more stable and economic alternatives.
Updated : May 13, 2026

LPG, CNG, PNG rates today, May 13: Check latest prices in Delhi, Mumbai, Chennai, Kolkata, other cities

LPG supplies are under close monitoring amid prevailing geopolitical tensions, even though no dry-outs have been reported at distributorships.

India raises gold import duty to 15% after April imports hit near 30-year low amid IGST shock
Updated : May 13, 2026

India hikes gold, silver import duty to 15% to curb imports, but industry warns, 'grey marketers may...'

The hike follows Prime Minister Narendra Modi's appeal on Sunday urging Indians to avoid buying gold for a year, a rare public call that emphasised just how seriously the government is treating the pressure on reserves

Jobs played a key role in revolutionising personal computing, smartphones, digital music, and animation.
Updated : May 13, 2026

Quote of the Day by Steve Jobs: ‘Great things in business are never done...’

The quote continues to inspire entrepreneurs, startups, and corporate leaders around the world.

Palace on Wheels to run in May 2026 for the first time since launch — full route and details
Updated : May 13, 2026

Palace on Wheels runs in May for the first time in 45 years and here's what it will cost

For the very first time, the Palace on Wheels will make a May run, and the story behind how it happened is as compelling as the journey itself

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.

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