Bank Locker Gold Security: RBI Liability Cap Exposed

With gold prices soaring, bank locker rent may not secure your valuables. RBI limits bank liability to 100 times annual rent, leaving gold unprotected against theft, fire, or natural disasters. Experts recommend separate jewellery insurance.

Dimon Warns AI Job Cuts Could Fuel Social Instability

JPMorgan Chase CEO Jamie Dimon cautions that rapid AI adoption without proper workforce planning could lead to mass layoffs, inequality, and social backlash. He emphasizes phased implementation and reskilling.

Budget 2026: Fiscal Deficit May Stay at 4.4% in FY27

Nuvama report suggests India's finance minister may keep fiscal deficit unchanged at 4.4% of GDP in FY27, focusing on non-fiscal measures like deregulation and disinvestment to support fragile economic recovery.

EU Halts GSP Benefits for Indian Exports Amid FTA Talks

The European Union has suspended GSP tariff advantages for key Indian exports like plastics and textiles from January 2026. While India's Commerce Ministry claims minimal impact, experts warn of significant trade setbacks.

Rupee Hits Record Low of 92 vs Dollar, Settles at 91.88

The Indian rupee plummeted to an unprecedented low of 92 against the US dollar in intraday trading, driven by weak domestic markets and sustained foreign fund outflows, before recovering marginally to close at 91.88.

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