Day: September 1, 2026

Suman Ray will assume the role of Executive Director at the Reserve Bank of India. His appointment is effective from September 1, 2026, as announced by the central bank. Previously, Ray served as the Regional Director for Maharashtra and has extensive experience. He will now oversee the Department of Deposit Insurance and Credit Guarantee Corporation….

HDFC Bank stock returned just 17% under the outgoing CEO, trailing peers significantly, yet domestic institutions accumulated shares aggressively as post-merger adjustments reshaped the lender’s ownership.

Expert view: Chockalingam Narayanan from ICICI Prudential emphasises a strategic approach favouring value investments. He highlights the importance of selecting resilient companies poised for growth despite market volatility. 

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8th Pay Commission news: The Department of Personnel and Training is advocating for revisions to the Terms of Reference for the 8th Pay Commission. Employee associations are urging the inclusion of pension revisions for those who retired before January 1, 2026. Historically, previous pay commissions—namely the 7th, 6th, 5th, and 4th—have had their Terms of…

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ITR deadline: By the end of August 31, 2026, over 7.8 crore individuals completed their income tax return submissions. Those who did not file on time have until December 31, 2026, to submit a belated ITR, incurring possible late fees. Notably, failing to meet this deadline also prevents taxpayers from opting out of the new…

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An employee earning Rs 50,000 as monthly basic salary can build a substantial retirement corpus through regular EPF contributions and compound interest.

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