Amitabh Chaudhry, who has headed Axis Bank for seven-and-a-half years MUMBAI: Under Amitabh Chaudhry, who has headed Axis Bank for seven-and-a-half years, the bank delivered an 18% ROE for nearly seven quarters. However, the retail cycle, higher credit costs and rate cuts put pressure on NIMs. In an interview with TOI, Chaudhry spoke about how…

Mumbai: Salaried taxpayers claiming House Rent Allowance (HRA) under the Income-Tax (I-T) Act, face tighter disclosure norms from April 1, 2026, with the introduction of a new declaration format: Form 124 which replaces the earlier Form 12BB and requires additional details to curb misuse.Employees are required to submit this form to their employers for the…

Gold and silver prices continued their upward momentum on Friday, posting gains for a second consecutive session on the Multi Commodity Exchange (MCX). The rally came after crude oil prices dropped to their lowest level in two months amid growing optimism over progress towards a potential peace agreement between the US and Iran. In domestic…

Indian Railways refund and cancellation rules New refund rules 2026: Indian Railways has announced a new set of refund rules for confirmed train tickets. As per the new rules, if a passenger chooses to cancel a confirmed train ticket within 24 to 72 hours of the scheduled departure, there will be 25% deduction in the…

The year’s deadlines, late nights and endless to-do lists all lead to one prized moment — appraisal season. The big question: who gets the biggest slice of the payday pie?Salary hikes may not be hitting double digits across the board next year, but for professionals in electric vehicles, fintech, healthcare and engineering, the pay outlook…