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Bank fee or unauthorised debit dispute? Use the RBI complaint process after 30 days

Business

Bank fee or unauthorised debit dispute? Use the RBI complaint process after 30 days

Customers disputing incorrect charges, unauthorised debits or unresolved digital payment problems must first complain to their bank or financial institution. If there is no response within 30 days, or the reply is unsatisfactory, they can approach the Reserve Bank of India’s ombudsman system within the applicable deadline.

23 Aug 2026

Delhi H1N1 cases reach 1777 as antigenic drift and monsoon raise concern

India

Delhi H1N1 cases reach 1777 as antigenic drift and monsoon raise concern

Delhi has recorded 1777 H1N1 cases this year, prompting a review meeting involving Union Health Minister JP Nadda and Delhi government officials. Dr Randeep Guleria said antigenic drift may help the virus evade existing immunity, while monsoon conditions are supporting its spread. Most patients recover at home or in general wards, but vulnerable groups face greater risk.

23 Aug 2026

Gaganyaan aims to send three Indian astronauts into orbit for three days

India

Gaganyaan aims to send three Indian astronauts into orbit for three days

India’s Gaganyaan programme, approved in January 2019, is designed to send three Indian astronauts into an orbit about 400 kilometres above Earth, keep them there for three days and return them safely. The mission is described as the country’s first human spaceflight programme.

23 Aug 2026

Post Office TD: Returns on Rs 5 lakh across 1, 2, 3 and 5 years

Business

Post Office TD: Returns on Rs 5 lakh across 1, 2, 3 and 5 years

A Rs 5 lakh investment in a Post Office Time Deposit can mature to approximately Rs 5,35,403 over 1 year or Rs 7,24,974 over 5 years. Interest rates differ by tenure, while only the 5-year deposit qualifies for tax benefits under Section 80C under the old tax regime.

23 Aug 2026

Post office TD: What Rs 5 lakh may become over 1, 2, 3 and 5 years

Business

Post office TD: What Rs 5 lakh may become over 1, 2, 3 and 5 years

A Rs 5 lakh deposit in a post office Time Deposit can mature at different amounts depending on the selected term. Based on the stated rates, the approximate maturity values range from Rs 5,35,403 for 1 year to Rs 7,24,974 for 5 years. Only the 5-year option qualifies for tax benefits under the old tax regime.

23 Aug 2026

Post office TD: Rs 5 lakh maturity compared across 1, 2, 3 and 5 years

Business

Post office TD: Rs 5 lakh maturity compared across 1, 2, 3 and 5 years

A Rs 5 lakh investment in a Post Office Time Deposit can mature at approximately Rs 5,35,403 to Rs 7,24,974, depending on the selected tenure. The 5-year option carries the highest listed rate and is the only tenure eligible for tax benefits under Section 80C under the old tax regime.

23 Aug 2026

Eight income tax notices and how taxpayers should respond

Business

Eight income tax notices and how taxpayers should respond

Income tax notices can arise during return processing, assessment, scrutiny, reassessment or recovery of outstanding demand. The correct response depends on the section cited and the issue identified. Taxpayers may need to accept an adjustment, correct a defective return, provide records, challenge a demand or submit a detailed explanation within the prescribed timeline.

23 Aug 2026

Modi meets Indian space startups, highlights private-sector ambitions

India

Modi meets Indian space startups, highlights private-sector ambitions

Prime Minister Narendra Modi met founders and representatives of Indian space startups, who outlined plans spanning rockets, satellite engines, orbital servicing, space-based pharmaceuticals and ground stations. The discussion also focused on policy stability, investor confidence, global competition and efforts to make advanced space technology useful to ordinary people.

23 Aug 2026

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