RBI tightens dividend payout rules for banks

The Reserve Bank of India has proposed new rules to control bank dividend payouts, tying them to capital adequacy, asset quality, and profits starting FY27. Banks must meet stringent capital requirements and demonstrate healthy profits to distribute dividends. This move aims to strengthen the banking sector’s financial resilience and ensure stability across the system.

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Veterans, fresh faces ready finance minister Nirmala Sitharaman’s 9th Budget

Finance minister Nirmala Sitharaman is preparing for her ninth consecutive budget with a team featuring a blend of experienced and new officials. For the first time in recent years, the budget exercise will be coordinated by Anuradha Thakur, as there is no finance secretary.

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Crude may soften to $50 per barrel by June: Report

Crude oil prices are projected to soften significantly by June 2026, potentially reaching $50 per barrel, according to SBI Research. This anticipated price drop, driven by inventory buildup and mirroring Brent crude trends, is expected to positively impact inflation and economic growth. Current Indian crude prices are already showing a downward trend.

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From tinker tool to daily assistant: AI’s quiet rise

Artificial intelligence is quietly integrating into daily life, handling repetitive tasks and acting as personal assistants. Users leverage AI for memory logging, information filtering, and drafting content, significantly reducing mental effort. Tools now manage everything from work achievements and health records to curating newsletters and generating presentation visuals, making tasks more efficient.

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