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8th Pay Commission: Is salary revision delayed? Here's where the process stands | Timeline
Following cabinet approval and announcement, the 8th Central Pay Commission was constituted on 3 November 2025. While the official implementation date has not been announced, 1 January 2026 is widely anticipated as the date the new pay scales will come into effect.
EPFO reveals conditions to join EPF, EPS and EDLI
The Ministry of Labour and Employment has raised the Employees' Provident Fund wage ceiling to enhance participation. Employees earning between Rs 15,000 and Rs 25,000 will now be required to join the schemes. Those earning less than Rs 15,000 can also opt into the schemes voluntarily. This increase in ceiling may lead to higher PF contributions and, consequently, greater retirement savings.
With Dhanteras and Diwali 2026 approaching, Malabar, Joyalukkas, Tanishq and Kalyan Jewellers have listed festive offers on gold jewellery. Here's a comparison of discounts on making charges, gold rate protection, old gold exchange benefits and other deals, along with their validity dates.
Tata Power Renewables commissions 300 MW project for SECI in Karnataka
Tata Power Renewable Energy Ltd has successfully commissioned a 300 MW solar project located in Koppal, Karnataka. This project is expected to generate approximately 810 MUs of renewable energy each year. The project will assist in reducing around 103,820 tonnes of carbon emissions annually. Notably, about 16 women professionals represent nearly 40 percent of the workforce employed at the site.
EPFO has reminded pensioners to submit their Jeevan Pramaan, or Digital Life Certificate. Here's how to submit it through three methods, the documents required and how the Aadhaar-based service works.
Gold rate today: Ahead of the festive celebrations of Dhanteras and Diwali, gold and silver prices have witnessed a notable surge as leading jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas revise their rates.
Gold prices in Sangli rose on November 5, tracking gains in global bullion markets after the US midterm results. Check the latest 24K, 22K and 18K gold rates and silver prices ahead of Dhanteras 2026.
Gold in Kolhapur rose 1,660, or 1.16%, on November 5, with 24-karat gold quoted at 14,517 per gram. Indian gold futures also climbed on fresh positions and firm spot demand, while weaker US dollar and Treasury yields supported global prices.
HDFC Bank increases FD rates: Check list
US midterm election results have impacted global bond markets after President Donald Trump's Republican Party lost control of Congress. Falling crude oil prices and easing borrowing concerns have pushed bond yields lower in India and overseas. What should Indian bond investors do now?
The price of gold rose on Thursday in Mangalore, in line with global trends, after Republicans faced a major setback in the recently-concluded US midterm elections 2026.
Gratuity calculator: Retiring after 3% DA hike? See how much more your gratuity could be
Gold, silver ETFs rally up to 6% amid soft dollar and falling oil prices. Should investors enter?
Gold and silver ETFs rallied up to 6% on Thursday as a weaker US dollar, falling bond yields and declining crude oil prices boosted precious metals. With gold and silver extending their rebound, experts advise investors to hold core positions and accumulate on dips rather than chase the rally.
8th Pay Commission news: 6 key demands by Railway employees' body on pay, allowances
Dhanteras is traditionally celebrated on Trayodashi, the thirteenth day of the waning moon in the month of Kartik. In 2026, this specific tithi only begins on Friday morning.
Dont quit your job for passion before building this safety net
Financial security gives young professionals the runway to pursue their passions without putting their savings, families or long-term goals at risk.
Gold prices in Bangalore rose sharply on 5 November, tracking gains in international bullion markets after the US midterm election results. With Dhanteras approaching on 6 November, check the latest 24K, 22K, 18K gold rates.
Want to gift someone insurance? Check these rules before paying
You can help loved ones buy insurance by paying their premiums, but rules on relationships, insurable interest and source of funds vary across policies.
Nominee may not get the GPF money: What govt rules say on a deceased employees balance
Who gets a deceased government employees GPF balance, the nominee or the family? Centres 29 October clarification explains Rule 33 and exclusions.
The rupee opened at a two-week high against the dollar as falling oil prices and US election results lifted sentiment. However, analysts expect it may weaken in coming months, with high oil prices and weak investment flows continuing to pose risks.
UBS Layoffs: Banking Giant Cuts About 200 Jobs; Who Will Get Affected?
The reported job cuts span across multiple business divisions at UBS's London operations.
Buying gold tomorrow on Dhanteras? Not all gold items require mandatory hallmarking. Check which categories are exempt under BIS rules and what buyers should look for on their jewellery bills.
Lost money to a UPI scam? The first 3 days could decide how much you can recover
In the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to safeguard you against unauthorized transactions. Discover essential actions to take the moment fraud strikes, understand how liability is assessed, and find out what steps to take if your bank turns down your claim.
City Union Bank among 5 F&O stocks with a sharp rise in futures open interest
Five NSE F&O stocks, including City Union Bank, Syrma SGS Technology and Karur Vysya Bank, recorded over 12% growth in futures open interest, indicating increased market positioning on November 4.
Gold and silver prices today, 5 November: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Power Grid Share Price Live Updates: Power Grid News
Kotak Bank Share Price Live Updates: Kotak Bank Sees Slight Price Increase
Bajaj Auto Share Price Live Updates: Bajaj Auto's Stock Performance Reflects Positive Trend
Gujarat and Punjab announced a 3% DA hike for state government employees and pensioners on 4 November 2026. Check the revised rates, arrears and when employees and pensioners will receive the increased amount.
FMCG growth slows, big firms beat the market
Govt mulls to mandate 1% green jet fuel blending
Govt plans instant ban on manufacturing of drugs failing key quality tests
Pharma companies could have their drug licenses suspended immediately if quality tests indicate failure. The health ministry's proposed changes aim to protect public health by enforcing swift action on substandard medications. Regulators would take action upon receiving a government analyst's report declaring a drug not of standard quality. Manufacturers would need to perform a root cause analysis and implement corrective actions to lift the suspension.
MIAL to shift 14 int'l flights to Navi Mumbai
Mercedes plans bigger India play with greater localisation of parts
Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to achieve record annual sales if the current trend continues. Ola Kallenius, the global chairman, highlighted the potential for Indian suppliers to support global operations. The company has committed an additional investment of 200 crore, raising total investments to 3,200 crore.
Battery part makers may get up to 50% subsidy
Sebi eases KYC norms for NRIs, OCIs and foreign nationals, allows digital onboarding from overseas
Securities and Exchange Board of India has relaxed Know Your Client requirements for overseas investors. This change enables non-resident Indians, Overseas Citizens of India, and foreign nationals to onboard digitally. Individuals from FATF-compliant countries can now submit KYC details remotely without being in India. Intermediaries are allowed to rely on existing KYC records and conduct video verifications when necessary.
TRAI's new Network Anubhav platform to map real-world network speeds, call quality
The Telecom Regulatory Authority of India recently introduced the Network Anubhav Platform for consumers. This new platform allows users to compare mobile and broadband networks based on location and performance. Consumers can view network tests, filter results, and make informed choices about service providers.
Income tax: Can a widow be taxed on 60 lakh gifted by her late husband? ITAT ruling offers clarity
A widow won a 60 lakh income tax dispute after ITAT Pune accepted her explanation that the cash deposited in her bank account was gifted by her late husband for her and their two daughters. The tribunal ordered deletion of the entire tax addition.
Indias Defence Accounts Department is running a month-long campaign to help defence pensioners submit digital life certificates through more than 200 SPARSH centres. The initiative promotes Aadhaar-based face authentication, with extra assistance for people over 80 and persons with disabilities.
With face authentication technology, pensioners can generate their digital life certificates using smartphones from the comfort of their homes. This eliminates the need to depend on others or visit bank branches for routine pension verification.
Sirolimus-coated balloon shows 8-percentage-point advantage in three-year peripheral artery trial
Patients treated with sirolimus-coated balloons were more likely to remain free from repeat procedures to reopen blocked leg arteries than those receiving paclitaxel-coated balloons, according to three-year results from the SIRONA clinical trial presented at TCT 2026. While both treatments showed similar improvements in walking ability and quality of life, researchers said the findings require confirmation through five-year follow-up.
US to loan about a third of heating oil reserve in bid to tame prices
The US Energy Department will loan 300,000 barrels of fuel oil from its emergency heating reserve to four companies to ease supply pressures and rising prices ahead of winter. The release, nearly a third of the reserve, follows calls from bipartisan senators as Middle East disruptions linked to the Iran war push fuel costs higher.
The civil aviation ministry has circulated the draft National Policy on Sustainable Aviation Fuels which mandates use of only indigenously manufactured SAF to be blended with Aviation Turbine Fuel (ATF).
NPS subscribers could benefit from greater exposure to AIFs, REITs and InvITs as pension funds explore alternative investments. SBI Pension Funds MD & CEO Pranay Ranjan Dwivedi explains the potential returns, suggested allocation and risks.
International airlines currently operating from Mumbai airport are given options to temporarily suspend operations or relocate. Discussions are ongoing with various international carriers regarding this transition. Indian airlines such as IndiGo and Air India have agreed to shift certain operations.
HDFC Bank to offer deposits under Capital Gains Accounts Scheme
HDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will allow taxpayers to park unused capital gains in savings accounts or fixed deposits for up to three years while retaining eligibility for applicable tax exemptions and earning interest on their deposits.
Nitin Gadkari flags Indian highways, expressways still lack perfect signage
Nitin Gadkari highlighted the need for better project preparation and accountability in urban road development initiatives. He expressed concern over the lack of proper signage on Indian highways and its role in accidents. Gadkari mentioned nearly 5 lakh road accidents each year, causing 1.8 lakh deaths in India. He proposed that urban planning requires integrated approaches among various transport agencies to optimize public resources.
Biocon forecasts stronger second half of FY27 with multiple growth drivers despite Q2 profit decline
Biocon anticipates a robust second half of FY27, supported by several key product launches and increasing insulin sales. The company noted a 52% decline in consolidated net profit, attributed to delayed shipments affecting quarterly revenue. Ustekinumab and Aflibercept biosimilars are projected to boost sales in the US market significantly. Additionally, the launch of Pertuzumab in Europe and Brazil is expected to generate substantial revenue.
Motor insurance rules change from December 15, 2026. Car and bike owners must check five things before renewal, including mandatory covers, passenger protection, personal accident insurance, own-damage cover and separate premium disclosures.
Prices of premium Scotch set to fall in Delhi after customs duty cut on British spirits
Prices for premium Scotch whiskies in Delhi are expected to decline shortly due to changes in customs duty. The reduction in import duty follows the Comprehensive Economic and Trade Agreement between India and the UK. Initially, the duty on British spirits will decrease from 150 to 75 percent, further dropping to 40 percent over the next ten years.
The development has triggered concern among bullion dealers, jewellery manufacturers and traders, particularly because the adulterated gold can appear similar to genuine gold during initial inspection.
Star Air cuts weekly flights on high fuel costs
Indians get selective in car purchases; here's how
Inside Park Hospitals' regional playbook: Why North India depth matters more than national reach
Park Hospitals is on an ambitious expansion journey, targeting around 6,600 beds by December 2028 across North India. Their strategy focuses on building hospitals in close proximity for better operational efficiency. The new Prayagraj initiative underscores a successful public-private partnership and illustrates their commitment to enhance healthcare capacity, ultimately improving patient care and resource management in the region.
Gold and silver prices have risen since Dhanteras 2025, with silver marginally outperforming gold. Find out what 1 lakh invested in either metal last year would be worth on 4 November 2026, using the latest IBJA rates, and calculate your investment gains.
Gold vs silver investment return: Know value of Rs 5 lakh investment in 1, 3 and 5 years
Investing in gold and silver has shown different returns over various periods. Gold delivered approximately 190% returns over five years, while silver reached 178%. Silver has outperformed gold in the last three years, showing faster price increases.
India's payments authority NPCI forms unit to push into AI, blockchain tech
The National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will focus on advancements in AI, blockchain, and digital financial infrastructure. Vishal Kanvaty has been appointed as the managing director and CEO of the subsidiary. NTSL aims to enhance capabilities beyond NPCI's core payments responsibilities. The initiative highlights India's commitment to developing its banking and financial services technology landscape.
NPS naming rules to change from December 1
Dabur Global CEO Mohit Malhotra resigns
Dabur India Ltd. on Wednesday said Mohit Malhotra has resigned as Global Chief Executive Officer and Whole-time Director of the company, effective November 13, 2026, citing personal interests.Malhotra, who has been with Dabur for more than three decades, has accepted a leadership role overseas, according to his resignation letter dated November 3.The companys board accepted his resignation at a meeting held on Wednesday.In his resignation letter, Malhotra said he had joined Dabur as a management trainee and had been part of its journey from a Rs 1,250-crore company to a transnational enterprise with a presence in over 100 countries and revenue of more than Rs 13,000 crore.He said he was grateful to the Burman family, the board and colleagues for their confidence and the responsibilities entrusted to him over the years.I believe this is the right moment in my career to take on a new challenge, Malhotra said in the letter.He is a Management Graduate from Pune University and holds Executive Masters in International Business from the Indian Institute of Foreign Trade, New Delhi. He joined Dabur in 1994 and handled key assignments in Marketing and Sales in the initial years.Dabur appoints Herjit Singh Bhalla as additional DirectorDabur also announced the appointment of Herjit Singh Bhalla, currently Chief Executive Officer of its India business, as an Additional Director and Whole-time Director for a period of five years, effective November 14, subject to regulatory approvals.Bhalla joined Dabur earlier this year and brings over 25 years of experience in building brands, scaling businesses and driving growth. He previously held management roles at Unilever and global leadership positions at The Hershey Company and METRO Cash & Carry India.Bhalla will continue to lead Daburs India business and drive its growth agenda, while existing Whole-time Director P D Narang will provide strategic guidance across the groups businesses, including oversight of the international business, the company said.
Rustomjee posts record 1,423 cr pre-sales in Q2, targets Rs 5,000 cr for FY27
Rustomjee Group, noted for its luxury projects, achieved record pre-sales of Rs 1,423 crore in the second quarter. The company's net profit rose to Rs 101 crore compared to Rs 10 crore last year. Additionally, revenue from operations saw a significant increase to Rs 497 crore during the same period. Rustomjee plans to focus on redevelopment and expand throughout the Mumbai Metropolitan Region.
After IPO, Acme Universal Safezone posts Rs 7-cr profit in H1FY27
Acme Universal Safezone 9 Ltd has announced its first half FY27 financial results showing a net profit. The company previously reported a net loss of Rs 7.55 crore in the same period last fiscal year. Revenue from operations increased to Rs 119.93 crore, reflecting a growth of 16.09 percent year-on-year. IPO proceeds will be used for expansion, working capital, and potential acquisitions.
Govt clarifies GPF rules for deceased employees
India's proposed railway link to Ladakh could set a new global record, with plans for a railway station at an altitude of around 5,256 metres above sea level. If completed along the proposed alignment, the station beneath the Tanglang La pass would overtake China's Tanggula railway station to become the world's highest railway station.
Sahara depositors awaiting refunds can check their CRCS claim status online, track rejected or pending applications and correct errors through the resubmission portal. Here's how to check refund status using Aadhaar and what to do if payment is delayed.
EloElo eyes global expansion post $80 million fundraise, aims to build Netflix of micro-drama
EloElo Group, the parent company of Story TV, successfully raised $80 million in a Series C funding round. The funding round was led by Hornbill Capital and NBCUniversal, significantly increasing the company's valuation. EloElo aims to enhance its micro-drama platform and expand into international markets. The company reported substantial user growth and high production efficiency using AI technology.
New Toyota Innova to run at Rs 25/L: Gadkari
13 equity mutual funds offer over 15% return on SIP investments since last Diwali. Do you own any?
In a review of mutual fund performances since Diwali 2025, approximately 13 equity mutual funds achieved SIP gains exceeding 15%. Notably, the Samco Small Cap Fund led with an impressive return of 36.35%, while both the Motilal Oswal Focused Fund and Bank of India Small Cap Fund saw returns surpassing 25%. Conversely, 153 funds posted negative returns, with the Samco Flexi Cap Fund facing a significant decline of 14.89%.
Before making the final payment for gold and silver purchases this Dhanteras and Diwali, check your bill for weight, purity, per-gram rate, making charges and GST. Experts explain how to verify BIS hallmarking, spot hidden charges and avoid misleading billing practices.
IndiQube reports Rs 475 crore revenue during Q2 FY27
IndiQube has reported impressive financial growth in Q2 FY27, achieving a revenue of Rs 475 crore, which marks a 34% increase from the previous year. With a total H1 revenue of Rs 904 crore, the company is on a strong upward trajectory. PAT surged by 66% to Rs 92 crore, while EBITDA saw a 40% rise to Rs 105 crore. Currently, IndiQube operates over 10 million sq. ft.
Your 20s are the best time to build strong money habits. From saving regularly and creating a 612-month emergency fund to starting investments early, here are five things to do with your salary and three financial mistakes to avoid to secure your financial future.
Emomee calls for stronger regulation of childrens digital content
Emomee, a children's entertainment company, emphasises the need for better regulation of digital content for young viewers. The company's founders, motivated by their children's viewing experiences, focus on creating quality educational programming. Recently, Emomee launched a series on Netflix and is exploring global partnerships for distribution. They are also developing physical products and considering live events to engage audiences.
IREDA seeks global funding partnerships to lower borrowing costs for green projects
IREDA is aiming to collaborate with global banks and investors for long-term green financing initiatives. Renewable energy developers in India face high borrowing costs compared to those in developed markets. The country requires significant investment to achieve its renewable energy capacity goals by 2030. Concerns regarding land acquisition and transmission infrastructure continue to pose challenges for developers. Disruptions in power generation can substantially impact project finances and repayment capabilities.
Macallans India journey: Tapping a growing appetite for luxury, legacy, and craftsmanship
The Macallan is committed to strengthening its connection with consumers in India through meaningful experiences and storytelling. This strategy aims to highlight the brand's heritage and craftsmanship in a local context. As Indian consumers become more discerning, they increasingly value authenticity and quality in luxury spirits. The Macallan plans to deepen partnerships with stakeholders in the luxury market while establishing a locally anchored presence.
Pioneer Urban to invest Rs 3,500 crore in ultra-luxury Gurugram residences
Pioneer Urban Land & Infrastructure Ltd plans to invest Rs 3,500 crore in the Alura project in Gurugram. This project aims to offer approximately 250 ultra-luxury serviced residences with multiple configurations, including duplexes and penthouses. Designed by Skidmore, Owings & Merrill, the development promises expansive living spaces with high-end amenities and services. Each residence will benefit from well-being features, ensuring occupant health and comfort.
Railways logs record freight loading in Oct
New Delhi: Indian Railways achieved its highest-ever freight loading for October, transporting 145.07 million tonnes of freight during the month, compared to 133.93 million tonnes in the same period last year, marking a growth of 8.32 per cent, the ministry said on Wednesday.The ministry said that several major commodities registered encouraging growth during the month, with food grains loading increasing by 26.3 per cent, domestic coal by 16.0 per cent, Balance Other Goods by 11.0 per cent, clinker by 10.4 per cent, domestic containers by 6.3 per cent, iron ore by 5.0 per cent, mineral oil by 1.9 per cent and finished steel by 0.5 per cent.Also Read: NCRTC to run 20 additional Namo Bharat Trips from November 4 amid rising pollutionTo meet the increased requirement of power houses, Indian Railways stepped up domestic coal transportation, supplying an average of 469.8 rakes per day during October 2026, compared to 393.2 rakes per day in the corresponding month last year, registering a growth of 19.5 per cent, a press note from the Railway Ministry added.It further claimed that the strong performance in October 2026 builds upon the growth recorded during the first seven months of FY 2026-27 (April-October).Also Read: Pune Metro gets Pink Line as Modi lays foundation for four new corridors worth Rs 13,500 croreDuring this period, Indian Railways loaded 978.78 million tonnes of freight, compared to 935.10 million tonnes during the corresponding period last year, registering a growth of 4.67 per cent, it said.Speaking on passenger traffic, the ministry said that it also witnessed steady growth during October as Indian Railways carried 64.72 crore passengers, compared to 63.52 crore passengers during the corresponding month last year.According to officials, during April-October this year, Indian Railways carried 443.8 crore passengers, compared to 431.4 crore during the corresponding period last year. The Non-Suburban segment recorded growth of 4.2 per cent, while the Suburban segment registered an increase of 1.7 per cent.
How much gold jewellery can you keep at home?
Before raiding your Diwali bonus, read this five-step check list
In a year of widespread layoffs and uncertainty, it's wise to strengthen your finances before spending on expensive stuff. Here is what finance experts have to say.
Indian battery component makers face up to 61% cost disadvantage against imports: Report
Indian battery component manufacturers are facing cost challenges that make local production more expensive than imported goods. The report indicates that high input costs hinder the growth of domestic manufacturing capabilities. Battery demand in India is expected to rise significantly by 2037, creating urgency for improvements in local production. The government is considering incentive options to support the industry and bridge the cost gap.
Cabinet approves 2,814-crore scheme to promote critical mineral processing
The Union Cabinet has approved a 2,814-crore capital expenditure support scheme to promote critical mineral processing and strengthen Indias critical mineral ecosystem. The scheme will be implemented over five years, from FY 2026-27 to FY 2030-31.
Cabinet clears 14,500 crore energy storage plan
Several banks have revised FD interest rates in November 2026 following the RBI's 25 bps repo rate hike. Compare the latest rates offered by Kotak Mahindra Bank, Axis Bank, Canara Bank, Suryoday SFB and Utkarsh SFB for general customers and senior citizens.
Gold and silver prices have risen as Dhanteras and Diwali approach, sparking increased shopping interest. Major jewellery brands reported higher rates for 22k gold jewellery across various cities today. Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers all raised their Gold rates significantly. The India Bullion and Jewellers Association also released updated indicative rates for gold.
Ahead of Dhanteras, Instamart has partnered with Kalyan Jewellers to offer the first 1,000 customers each day buying a gold coin a free 1-gram silver coin gold and silver coins. Check offers for online purchases
Silver ETFs rallied up to 6% as silver prices rebounded above $50 an ounce following the Democrats' US midterm election victory. Experts advise investors against chasing the recovery, citing volatility, uncertain industrial demand and the possibility of further price swings.
MRPL boosts delivered oil buying as Iran war raises shipping risks
Mangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping risks related to the ongoing Iran war. The company is also looking to diversify its crude sourcing to maintain full refinery capacity. CFO Devendra Kumar expressed hope for annual supply deals with Middle Eastern oil producers. Additionally, MRPL's fuel exports may decline as local consumption is projected to rise.
Sugar prices jump Rs 4/kg in a month, rise Rs 12-13 over year despite supply steps
Sugar prices in India have risen significantly over the past month in both retail and wholesale markets. Retail prices have now reached Rs 59.50 per kg while wholesale prices stand at Rs 55.40 per kg. Kolkata has the highest retail price at Rs 65 per kg followed closely by Delhi at Rs 64. The government is implementing measures to manage supply, including stock limits and imports. India produced 8.
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystem
OneStack, a fintech provider, secured 12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help expand services among cooperative banks and NBFCs while developing compliance offerings. Partner banks can now act as UPI issuers and acquirers, which improves revenue opportunities. This shift allows banks to maintain direct relationships with customers and merchants while managing transaction data.
