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An ATM interchange fee is a charge that one bank pays to another for offering ATM services to customers. Banks often pass on these charges to users as part of their banking costs. For instance, if you are an HDFC Bank customer and go to SBI ATM to withdraw money and reside in Delhi, HDFC Bank will charge you if you on the fourth transaction in a month at an SBI ATM as an HDFC Bank customer. Income Tax GuideIncome Tax Slabs F

Mobility solutions and financial services provider ORIX Corporation India on Tuesday said it has secured Rs 300 crore in equity investment from its Japanese parent firm ORIX Corporation for growth and expansion. The strategic investment reinforces the group's long-term commitment to India's rapidly growing mobility and financial services sectors to further strengthen its footprint in the domestic market and accelerate the expansion of ORIX India's leasing, mobility, and financial services businesses, a statement said. The growth capital will help ORIX India scale its leasing and mobility solutions businesses under ORIX Corporation India Ltd while also driving the growth of its financial services portfolio under ORIX Leasing and Financial Services (OLFS), the wholly-owned subsidiary of ORIX Corporation India Ltd, it said. The investment will also support key initiatives including digital transformation, infrastructure enhancement and sustainability-driven initiatives such as green mobility and EV leasing, the company said.

Subscribe to enjoy similar stories. In a petition before the Karnataka high court, X (formerly Twitter) has challenged the legality of India’s Sahyog Portal—a central digital repository that tells social media companies which sites they must block access to. This, the company argues, is an attempt to side-step procedures already approved by the Supreme Court under Section 69A of the Information Technology Act, 2000 (IT Act).

Nirmala Sitharaman introduced the Bill for the 2025-26 fiscal in Parliament, seeking approval for key Budget proposals. The Finance Bill needs to be approved by both houses of the parliament to become a law and give effect to the Budget proposals. India plans to scrap the 6% equalisation levy on online advertisement services offered by companies like Google and Meta—commonly known as the Google tax—starting April 1. The move appears to be an effort to appease US President Donald Trump, who has warned of retaliatory tariffs on nations imposing digital taxes on American tech firms from April 2. The proposal is part of the 59 amendments to the Finance Bill introduced by Finance Minister. Union Finance Minister Nirmala Sitharaman on February 1 presented the Budget 2025-26 in the Parliament. The Union Budget 2024-25 provided major relief to the salaried class with no income tax on an average monthly income of up to Rs one lakh to boost household savings and consumption with the government also giving thrust to four engines of development — agriculture, MSMEs, investment and exports.

Singapore on Tuesday signed a Letter of Intent (LoI) for Green and Digital Shipping Corridor (GDSC), with a focus on digitalisation and decarbonisation. The Singapore-India GDSC, when established, will enhance collaboration from both countries and help accelerate the development and uptake of zero or near-zero GHG emission technologies and the adoption of digital solutions, a joint release from Maritime and Port Authority of Singapore and Ministry of Ports, Shipping said. The minister of Ports, Shipping and Waterways Sarbananda Sonowal said his visit to Singapore with a high-level marine sector delegation will strengthen the long-standing relationship. Moreover, the «Comprehensive Strategic Partnership» will deepen and broaden cooperation between the two countries, he noted.

Pidilite's ability to create categories by identifying unserved and underserved consumer needs and fulfilling them, not just with a product but with a brand, has ensured its presence among the top quartile of growth companies over the past 5-10 years, said Bharat Puri, the chief executive, who will hand over the baton to joint managing director Sudhanshu Vats next month. «Our success stems from an aggressive expansion of core businesses and, more importantly, our ability to pioneer new product categories,» said Puri. «We are an entrepreneurial-cum-professional company. Our success formula is simple-we create categories by identifying unserved and underserved consumer needs and fulfilling them, not just with a product, but with a brand.» As much as 80% of the company's business was in core categories until a decade ago, with only 20% focused on growth and pioneering initiatives, he said. «Today, that ratio stands at 55:45. Even in a challenging year, we delivered double-digit volume growth because we configured our portfolio around category creation.» Vats said while the philosophy in running the business will remain consistent — focussing on core, growth and pioneer — his plan is to accelerate innovation and digital transformation while building on Puri's legacy.

Private Sector Collaborative Forum (PSCF) 2025 of the Financial Action Task Force (FATF) from March 25-27, where issues of global priorities such as payment transparency, financial inclusion and digital transformation of financial systems will be discussed, the finance ministry said in a statement on Monday. The forum will be hosted by the Reserve Bank of India (RBI) and the Department of Revenue, under the finance ministry, in Mumbai. Discussions at the forum will revolve around issues shaping the global anti-money laundering and combating the financing of terrorism (AML/CFT) landscape, it said. «Participants will explore how FATF can continue to address evolving threats while promoting financial inclusion through robust, risk-based supervision of regulated entities,» it said, adding that the meeting will also focus on enhancing transparency in beneficial ownership and leveraging digital tools to strengthen AML/CFT compliance mechanisms.

Finance Ministry has launched a revamped e-auction portal named 'BAANKNET' to further streamline the listing and auctioning of banks' assets, Parliament was informed on Monday. The revamped e-auction portal was launched on January 3, 2025, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. The platform 'e-BKray' was launched in February 2019, he said. The BAANKNET portal is specifically designed to enhance transparency and speed up the process of disposing of non-performing asset (NPA) cases, he added.

In an interview with the BBC on Sunday (23 March), Reeves repeatedly refused to rule out scrapping the digital services levy (DST) but admitted «we are having discussions with the US».  She said: «It is the right thing that companies who operate in the UK pay their taxes in the UK and the United States government and tech companies understand that as well.» Reeves' Budget headroom could land in negative territory as UK growth forecasts worsen When challenged over the prospect of scrapping the levy she admitted that «discussions at the moment are ongoing», adding: «we have got to ge...

Argo Blockchain on Monday said former chief growth officer Justin Nolan would return as the cryptocurrency miner's chief executive officer. Nolan, who was most recently the top boss at digital infrastructure firm Arkon Energy, will replace Thomas Chippas, whose departure was announced in January. Argo has faced challenging business conditions since being founded in 2017, and had to sell its Helios mining facility in Texas in 2022 to stave off bankruptcy.

Subscribe to enjoy similar stories. Evaluating a banking stock requires a balance of quantitative and qualitative insights. Key metrics like Net Interest Margin (NIM), Return on Equity (ROE), and the Cost-to-Income Ratio help measure core profitability and operational efficiency.

Aston Martin Vanquish has gone on sale in India, priced at ₹8.85 crore, ex-showroom. Aston Martin brought back the Vanquish model after a 6-year wait and the grand tourer made its global debut in September 2024.

expensive personal computers used to be. In the clip, experts discuss machines that cost anywhere from $5,000 to $11,000—a sum that, adjusted for inflation, would be roughly $12,000 to $26,000 today. And what did you get for that price? A 20MB hard drive, a black-and-white display, and no internet connectivity. Compared to today’s ultra-thin, ultra-fast laptops that can cost as little as $300, the difference is staggering.

Calculus Group has signed a memorandum with NGO HRDS India to deploy AI-enabled tools for developing a digital ecosystem in rural areas, a top company official said. As per the agreement, Calculus Group will fulfil projects undertaken by HRDS India in the field of rural development, where technology will play a distinct role in social enablement. Calculus Group founder and CEO Sooraj Vasudevan said his company builds technology ecosystems for corporates and telecommunication companies and governments globally. «Through this Rs 1,000 crore MoU with HRDS we are trying to emulate or replicate that in the context of the rural population and bring whatever pieces of technology needed to roll out and make an impact. It doesn't have to be a particular product,» Vasudevan told PTI.

The state government will provide financial assistance to students preparing for competitive examinations and youth with graduate degrees. Training will be arranged to develop their employability skills through a dedicated platform. For this, the government will constitute a high-level committee. A concrete policy will be prepared soon for the regular appointment of Upanal and contract workers. Apart from this, government works up to ten crore rupees will be given only to local contractors of the state. The Chief Minister made these announcements in a program organised at the Parade Ground on the occasion of the completion of three years of service, good governance and development. There was a large number of enthusiastic attendance of people in the program. In his address, Chief Minister Dhami first paid tribute to the immortal fallen soldiers of Uttarakhand and Sardar Bhagat Singh ji, Rajguru ji and Sukhdev ji on Shaheed Diwas. He said that under the guidance of Prime Minister Narendra Modi, Uttarakhand has achieved success while facing various challenges.

Now, imagine that conversation happening not at a dinner table, but inside India’s central bank or finance ministry. The regret isn’t about an individual’s lost opportunity, but about our failure to act as a nation. India, often touted as one of the fastest-growing economies and a future global powerhouse, has yet to secure its stake in the digital asset revolution. By not investing in cryptocurrencies, India risks missing out on one of the most asymmetric financial opportunities of the century.

Subscribe to enjoy similar stories. For startup employees wanting to rant about their bosses or run a digital reconnaissance on a company before joining it, Grapevine has been a go-to platform for the past few years, allowing it to amass a significant number of users. Now, Grapevine and other similar platforms just a few years in existence are nursing grander ambitions—to transform into a LinkedIn for startups.

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Trump administration, triggering macro-economic uncertainties and fears of a potential recession. “Demand uncertainties from the second half of calendar year 2024 (2HCY24) have trickled into calendar year 2025 estimated (CY2025E) budgets, implying continued weakness in financial year 2026 estimated (FY2026E),” Kotak Institutional Equities said in a report on the IT sector. The IT services industry clocked the healthiest earnings rebound in six quarters in the October-to-December period backed by a modest uplift in business led by the key banking, financial services and insurance (BFSI) vertical. This had raised hopes of a likely boost in revenue growth from the low to high single digits in 2025 at top-tier firms such as Tata Consultancy Services (TCS), Infosys and HCLTech.

Digital creators are no longer just brand endorsers; they are becoming advisors, helping brands craft compelling narratives and engagement strategies. “Creators are increasingly teaching brands how to build effective social strategies,” said Ayush Guha, business head at Hypp, a creator management agency. “It’s becoming one of the most lucrative opportunities in the creator economy, accessible to both established and emerging talent.” Guha cites the example of an Instagram influencer who does this regularly for large platforms, including a streaming giant. These consulting opportunities aren’t limited to mainstream influencers. Guha notes that niche creators with fewer than 200,000 followers are finding success with emerging D2C brands in retail and the food sector, commanding monthly fee ranging from Rs 30,000 to Rs 1 lakh for social media and content strategy.