The Finance Ministry raised the Dearness Allowance by 2% for central government employees and pensioners, increasing it from 58% to 60% of basic
The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decid
Withdrawing PF money? Fill these details correctly to avoid TDS deductions
The declarant, who is a resident, must ensure that their expected final tax liability for the year is NIL and duly fill all the rows in Part A of
Five smart investing rules for navigating Indias volatile equity markets in 2026
To turn market volatility into an instrument for wealth creation, retail investors should consider adopting a structured approach. Here are five
West Asia crisis: Leather & footwear industry seeks duty exemptions on critical inputs
The industry has urged for duty-free import of crust and finished leathers to boost domestic manufacturing
How mutual fund-based portfolio management services work
Mutual fund-based portfolio management services are becoming popular among high-net-worth individuals. Here is how these services work
Agri land, factories in Tanzania offer new avenues for Haryana farmers, entrepreneurs
Haryana government, with the support of the Centre, has signed a Memorandum of Understanding (MoU) for one lakh acres of farm land in Tanzania
Tax deadlines in May 2026: Key dates every taxpayer should know
May 2026 has crucial tax deadlines, including TDS payments and quarterly filings. Taxpayers must comply to avoid penalties. Full list of the dead
The hardest part of investing isnt picking, its holding
Legitimate capital, patiently held, is the only edge in this business that has worked reliably for a hundred years. It is not glamorous enough to
Services sector drives exports growth, offsets 64% of trade deficit in FY26: Finmin Review
The report noted that Indias services exports rose to 48.6% of total exports from 47% in FY25
Missed Subhadra Yojana? Here are alternative welfare schemes available in Odisha
Odisha has several welfare schemes aimed at empowering women through financial assistance and social support, including Lakhpati Didi Yojana and
On May 3, gold prices in India remained stable, silver prices also showed limited movement. Check retail rates of 24K, 22K gold, 999 silver in yo
As a 22-year-old salaried person with a student, here's how you can build wealth by investing smartly. AI recommends this when asked about invest
If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil Analyst
Sparta Commodities Senior Oil Analyst Abhishek Kumar noted that Indias aviation sector is highly vulnerable due to the significant cost of aviati
Smart spending: Here's how you can save money without sacrificing fun
Effective money management involves budgeting, debt management, tracking expenses, and distinguishing needs from wants. Here's a few steps you ca
Transactions where PAN is mandatory in India: Full list after form 97 replaces form 60
Starting April 1, 2026, the Income Tax Act mandates quoting a PAN for numerous financial transactions, replacing Form 60 with Form 97. Here's a l
How your credit score impacts home loan approval and what score you need for the best deal Explained
Home loans require lenders to assess creditworthiness, with credit scores significantly influencing approval and interest rates. A score above 75
Private and public sector banks in India will be closed for two days between May 4 and 10, 2026. Customers can use online services for transactio
Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to 1.5 lakh in a financial year. H
MIP on virgin multi-layer paper board extended to September 30
The measure, first introduced in August 2025, aims to regulate low-cost imports and support domestic manufacturers.
India launches first barrier-less toll system on NH-48 in Gujarat
Powered by FASTag and ANPR technologies, the system allows vehicles to pass without stopping, reducing congestion, travel time, and emissions
NITI Aayog gets two new full-time members, count rises to seven
The Centre has appointed Joram Aniya and R Balasubramaniam as full-time members of NITI Aayog, strengthening the think tanks leadership and bring
Concerns about a housing market crash are growing among Americans as mortgage rates rise and inflation increases. Financial experts recommend kee
DA hike: The highest hike for Dearness Allowance of central government employees came in 2021 with an 11% increase from the central pay commissio
DEA eases FDI rules for firms with up to 10% Chinese shareholding under FEMA
The revised policy shifts focus to beneficial ownership while retaining curbs on entities from land-border countries, marking a calibrated relaxa
Aushadhi Express reefer rake flagged off to boost pharma logistics
The service is expected to reduce transit time, lower costs, and improve supply-chain reliability, supporting Indias growing pharma exports.
Electric bus sales up 19% in JanApr; JSW entry signals new capacity as April sales see dips
JSW Greentechs April dispatch of 25 buses marks its formal entry into Indias electric bus market, albeit at a pilot stage
8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?
8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central go
Crude surge is a price shock, not supply shock for India: CEA Nageswaran
He warned that rising oil prices could widen the current account deficit, strain fiscal targets, and impact trade, remittances and logistics, tho
Bank deposit risk explained: What happens to your money if a lender fails to return it?
Bank deposits are generally safe, but in case of bank failure, only 5 lakh per depositor is insured under the DICGC. This coverage applies to all
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section
IRCON celebrates golden jubilee, showcases 50-year journey and future roadmap
The PSU highlighted its expansion into diversified infrastructure sectors, strong domestic and global project portfolio, and outlined future grow
The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at 14,901 per unit, payable on 4 May 2026. Investors coul
New Air India CEO: Search narrows to Singapore Airlines Vinod Kannan, insider Nipun Aggarwal
CEO search follows Campbell Wilsons resignation
Income tax rules discourage cash transactions, limiting annual deposits to 10 lakh. Experts recommend using savings accounts for cash deposits
How to claim stuck NPS funds with interest? Step-by-step guide for subscribers
Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Aut
The sector is expected to scale from $9.1 billion in 2024 to nearly $27 billion by 2030, growing at a 19% CAGR, as digital adoption and urbanisat
Family floater vs separate policy: Whats best health insurance policy for your elderly parents?
Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insu
Electric 3-wheeler sales steady in April; fuel cost worries push shift to L5
Growth was led by the L5 segment, which expanded nearly 4% to 25,307 units, even as the L3 category declined about 1% to 35,953 units
PPF maturity rules: What investors should do when their account matures?
As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here
A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and
I asked ChatGPT why the principal of my 90 lakh home loan hasn't decreased much despite paying off 45 lakh via 60 EMIs. Here is what AI said.
25-year old techie shares how he built a 20 lakh portfolio in 3 years while earning under 10 lpa
A 25-year-old tech professional built a 20 lakh investment portfolio in three years on a salary under 10 lakh. He attributed his success to disci
I asked ChatGPT: How to build 10 crore retirement corpus? The answer was a wake up call
Investing in mutual funds varies by age to build a 10 crore corpus. Younger investors benefit from compounding over decades, while older investor
Gold monetisation scheme: Govt plans e-gold units to unlock idle gold, boost liquidity
Proposal to offer dematerialise units of idle physical gold for future fast-track sales, loans and jewellery conversion. Move to unlock idle gold
Gold and silver prices remained stable in India's retail market on Saturday, May 2. Check retail rates of 24K, 22K gold, 999 silver today in majo
6 personal finance mistakes to avoid in May 2026 for a stronger financial future
Avoid costly personal finance mistakes in May 2026 for stronger financial growth as poor planning, emotional investing and debt misuse can erode
Fresh developments around the 8th Pay Commission updates include regional visits, extended deadlines, and key meetings shaping pay, pension, and
Air India to cut international flights till July amid jet fuel price surge, airspace curbs
Airspace restrictions in the wake of the West Asia conflict have forced the airline to take longer routes for many international destinations, re
From roti to revolution: Indias next big hunger fix isnt what you think
The Smart Nutrition Revolution will save India from deficiency - it is about building stronger bodies, sharper minds, healthier futures
The missing link in agri-tech: Why semiconductor startups will decide Indias farming future
The real missing link in agtech is integration and at its centre lies one critical element: semiconductors
New income tax rules for doctors: Who needs to maintain Form 25 and why
It is a prescribed daily case register required to be maintained by practitioners of any system of medicine under Rule 46(6) of the Income Tax Ru
Bank holiday today: Are SBI, HDFC Bank, and other banks closed on Saturday, May 2?
Banks in India are open today, May 2, 2026, as it is the first Saturday of the month. They will be closed on May 9, May 23, and May 27 as per the
I asked ChatGPT: SIP or home loan prepayment what's better? The answer was surprisingly logical
As a 40-year-old married person with one kid, here's how you can repay your home and car loans while investing in SIPs. Follow this balanced appr
Players, especially in the restaurant industry, are expected to pass on the cost pressures to some extent to the end consumers
Maersk levies emergency freight surcharge on Gulf routes amid Hormuz risks
Under the new structure, shippers will pay $1,800 per 20-ft container, $3,000 per 40-ft container, and $3,800 for reefers, special and dangerous
Indias wheat procurement down 9% on lower buy in Madhya Pradesh
Purchases in the central Indian State for buffer stocks down 59% from a year ago, while targets achieved for Punjab, Haryana
Fertilizer industry consortium welcomes Maharashtra govt move to streamline quality inspections
Consortium also lauds decisions to ban bundling of subsidised and non-subsidised fertilizer and strengthen quality control
Punjab records highest-ever GST collection of 2,987.4 cr in April
Punjab logs 66% growth in post-settlement GST year-on-year, minister says
Centre to sustain capex push despite fiscal stress due to global uncertainties: FinMin Official
The FY27 Budget has pegged the fiscal deficit at 4.3% of GDP, which is now seen at 4.5% of GDP, following a downward revision in India's nominal
Most models predict El Nino may last until January 2027: IMD
It could potentially impact kharif and rabi seasons; south-west Monsoon may set in over Andamans around May 14-16
India-UK trade boost: Goyal, Kyle discuss leveraging free trade pact
The India-UK CETA is likely to be implemented after all domestic processes for ratification conclude
Telangana crosses 10-lakh tonne paddy procurement
Telangana targets to procure 90 lakh tonnes of paddy in rabi season
Centre allows Force Majeure relief for govt contracts impacted by West Asia disruptions
Government permits extension of contractual timelines by two to four months without penalties in affected cases
India to maintain budgeted capex despite global challenges: Expenditure Secy
The current global uncertainties have created a challenging situation for India, says Vualnam
Are you paying active fees for a passive fund?
Active share helps you spot whether your active fund is actually just tracking the index at a higher cost.
Should you replace 5 credit card EMIs with 1 personal loan? ChatGPT explains
I asked ChatGPT if I should consolidate 5 credit card EMIs into a single EMI by taking a personal loan. Check what the AI chatbot said:
ITR filing 2026: Who can claim meal card benefit before 31 July deadline? Rules explained
The revised tax treatment for employer-provided meal benefits raises the tax-exempt value to 200 per meal from 50, effective 1 April 2026. Here's
Petrol and diesel rates could rise in near future. Heres why
Crude, which was $70 per barrel last year, averaged over $114 this month
Indias heat exposes a fragile grid as energy crunch deepens
Areas like Gujarat, Maharashtra and parts of the foothills of the Himalayas will see more days of unusually high temperatures in May typically t
India auto retail sees broad-based growth in April; Two-wheelers lead surge: Goldman Sachs
According to the report, two-wheeler (2W) volumes rose 14% year-on-year in April, outperforming passenger vehicles (cars), which grew 11% during
Transform your mindset with powerful personal finance books that build wealth habits, sharpen money decisions, and guide you towards long-term fi
For a Bengaluru-based Software Development Engineer who is starting out in her/his career, aims to accumulate a corpus of 1 crore in 15 years. He
Dividends, bonus shares and buybacks taxation in India: Rules, rates and reporting process explained
Income from the stock market is taxed based on its type: dividends are taxed as income, and bonus shares are taxed differently upon sale. Here ar
Morgan Stanleys latest report indicates that geopolitical tensions may boost Indias efforts for supply chain resilience and domestic capacity
Boosting rural financial inclusion, India Post Payments Bank launches SHG Savings Account to empower women-led SHGs with zero balance banking, do
Passenger vehicle sales fall 10% as EVs show resilience, Tata leads: Vahan data
EVs account for 5.7% share amid broader market slowdown
Pilots association flags safety risks, seeks full implementation of duty time rules
The association has said extensions to airlines granted by the Directorate General of Civil Aviation poses safety risk and should be withdrawn
EPFO updates: Key changes and new rules for employees' provident fund subscribers in 2026
EPFO has recently made changes to streamline compliance and improve access for provident fund subscribers, including a new unified Form 121 effec
Indias sugar output set to rise 12% in 2026-27 on higher cane area, improved recovery: USDA
Higher cane production aided by healthy crop conditions, improved recovery and strong monsoons drive output to 33.6 million tonnes
GST collections hit all-time high of 2.42 lakh crore in April
Strong imports and year-end stock clearance drive record-high revenue; collections rise 8.7% y-o-y despite absence of compensation cess
As Bhogapuram International airport nears launch, rural economy takes wing
Bhogapuram villages see land rush, business buzz
Air India Express reinstates operations in Gulf
Operations to Qatar, Bahrain restart; more flights added across region
Storage in over 50% of Indias major reservoirs drops below 40% of capacity
Level in the southern region drops below 30% as overall level down to 39% of 183.565 billion cubic metres capacity
Bajaj Finance FD rates have jumped to 7.40%, offering higher returns for long-term investors, while senior citizens can now earn up to 7.75% with
Govt reduces windfall gains tax on diesel, jet fuel
The Special Additional Excise Duty (SAED) on export of diesel has been reduced to 23 per litre from 55.5 per litre, and aviation turbine fuel to
Airport operators seek regulatory relief after cut in landing, parking charges
Industry body urges government support to offset cash flow impact of temporary tariff reduction at major airports
Commercial LPG cylinder price hiked by 993 to 3,071; domestic rates unchanged
According to sources, the price of a 19 kg commercial LPG cylinder has been increased by 993, taking the cost in Delhi to 3,071.50 from today
No change in domestic ATF prices, international aviation fuel rates revised upward
Latest fuel price revision keeps domestic airline operations insulated, however, international operations may see higher fuel costs
Govt lowers export duty on diesel, ATF; petrol duty unchanged
Separately, new rules allow blending of ATF with synthetic fuels, expanding fuel definitions to align with evolving aviation standards.

34 C
