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A 9 lakh investment in Post Office MIS earns 5,550 monthly at 7.4% interest, compared with an indicative 4,875 from a bank FD at 6.5%. Compare monthly income, tenure, other rules and tax implications before investing. Seek professional guidance before investing to ensure a beneficial investment.
Six major banks, including SBI and PNB, have revised their repo-linked lending rates in October 2026. Here are the updated benchmarks, effective dates and what existing and prospective home loan borrowers should know about EMIs and borrowing costs.
The 8th Central Pay Commission is consulting employees, pensioners and other stakeholders before submitting recommendations by May 2027. Groups have proposed higher minimum pay, DA merger or inflation-linked allowances, and revised fitment factors.
The RBI has set the premature redemption price of SGB 2020-21 Series VII at 14,614 per gram. Investors can earn capital gains of 189.33% on offline purchases and 192.22% on online purchases. Here's what you need to know about the redemption date and interest rules.
Starlink said it was ready to provide high-speed internet in India after five years of work with regulators and industry partners. Its statement followed Musks criticism of Ambani over approval delays. Reliance said it welcomed competition and that Jios satellite services also awaited clearances.
Central government employees and pensioners are awaiting the July 2026 DA hike after the Cabinet made no announcement on 14 October. The next meeting on 21 October could bring an update, but the expected increase remains unconfirmed for now.
India Post has announced a 60-day Productivity Linked Bonus for eligible employees for 2025-26. The order covers MTS, Group C, non-gazetted Group B staff, Gramin Dak Sevaks and eligible casual labourers. Check eligibility, salary limits and how the bonus is calculated.
The 8th Pay Commission is hearing employee demands on pension reforms, including the restoration of OPS. Understand the differences between OPS, NPS and UPS, the government's stance on pension changes and what central government employees can expect next.
Amid discussions over revisions for central government employee and pensioners' allowances and benefits, we breakdown difference between key salary components such as Dearness Allowance (DA), Dearness Relief (DR) and House Rent Allowance (HRA).
Netflix has appointed former Disney executive Peter Rice to replace content chief Bela Bajaria as it confronts slowing viewership growth and engagement.
VPF allows salaried employees to invest beyond mandatory EPF contributions at the prevailing 8.25% interest rate. Understand the 2.5 lakh tax-free interest limit, tax on excess contributions and withdrawal rules before investing more for retirement.
Abakkus Flexi Cap Fund raised its holdings in Groww, NTPC and HDFC Bank in September, added Zydus Lifesciences and exited Cyient DLM. It also trimmed positions in Divis Laboratories and Oracle Financial Services Software.
A 30% salary hike may look attractive, but tax, commuting and childcare costs can shrink the gain. An illustrative 18 lakh salary scenario shows how a 5.4 lakh raise could leave just 1.74 lakh in extra annual money.
The move consolidates the Dubai-based lenders Indian operations with RBL Bank after its over 26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.
The government has notified Aadhaar verification rules for PM CARES for Children scholarship beneficiaries. Children cannot be denied benefits solely because authentication fails or they lack Aadhaar, subject to prescribed alternative identity-verification procedures.
Ray Dalios All Weather portfolio returned 9.9% annually over 15 years in India, compared with 10.4% for a 60:40 portfolio and 12% for the Nifty 500 TRI. However, it had lower volatility and a smaller peak-to-trough fall, highlighting the trade-off between returns and risk.
Missed a gold loan EMI? An overdue payment does not automatically mean your pledged jewellery will be auctioned. Understand the RBI framework, how lenders handle defaults, the notice process, and what borrowers can do to reclaim their gold before it is sold.
ITAT Mumbai quashed a 1.46 crore reassessment against a man who said he earned 3,500 a month, ruling that the tax department failed to establish valid service of the notice. The tribunal did not decide whether the disputed transactions were genuine.
Prepare for a health insurance claim with 5 essential steps before hospitalisation. Check policy documents, identify network hospitals, organise medical records, understand coverage limits and maintain a claims folder to reduce paperwork hassles and better manage potential out-of-pocket expenses.
Cornerstone Ventures is also looking to exercise the greenshoe option on its second fund which has $250 million as the upper limit
SBI has raised its benchmark lending rates by 25 bps from 15 October 2026. Find out how the hike could affect EMIs and total interest on 30 lakh, 50 lakh, 80 lakh and 1 crore home loans, and how choosing a higher EMI instead of a longer tenure could help reduce borrowing costs.
Indian Railways has announced 3,548 graduate-level NTPC vacancies across four categories. Applications are open till 6 November 2026. Selection includes two computer-based tests, document verification and medical examination.
RapidCanvas will use the Series B funding led by Vertex Ventures SEA & India to expand its go-to-market and AI engineering teams as investors look to AI-led challengers to traditional services firms.
India's financial assets have grown sharply since 2020, with mutual fund AUM, bank deposits, and equity holdings rising. But does this reflect wider market participation or growing wealth among existing investors? Zerodha's Nithin Kamath raises questions about who benefits.
Retirement planning can combine savings with investments and systematic withdrawal plans to provide a regular income. Here's how you can ensure a 50,000 monthly income from your investment after retirement.
Can you get a business credit card without owning a registered business? Freelancers, consultants and self-employed professionals may qualify, depending on the issuers eligibility criteria, proof of income, business activity and documentation requirements. Read on to know the complete rules.
Havent paid your Delhi property tax regularly or have years of outstanding dues? The MCDs SUNIYO 2.0 scheme offers eligible property owners and occupiers a chance to settle their dues with significant relief. Heres how to apply before the 31 December deadline.
The Eternal SBI Card offers 10% instant discount for spends on Zomato, Bistro, District, and eligible spends on Blinkit. Cardholders also earn 5% cashback with partners including Uber, ixigo, Urban Company, and Apollo.
The draft guidelines require strict scientific proof of improved therapeutic efficacy for minor drug modifications.
Air India said that the flight timings have been structured to maximise customer convenience.
Home loan EMI: Buying a home worth 50 lakh, 75 lakh or 1 crore requires careful financial planning. Experts explain the monthly salary needed to manage home loan EMIs, along with the down payment, upfront costs and other expenses buyers should consider before taking a loan.
Multi-asset allocation funds and omni FoFs offer exposure to multiple asset classes, but their returns can differ significantly. A comparison of their asset allocation and underlying holdings shows how the investment strategies of these two categories differ.
A report by Equirus Wealth finds that many women assume family wealth responsibilities after major life events without structured financial training. With an estimated 73 lakh crore set to pass to women over the next decade, it urges families to prepare successors.
However, Yes Banks overall tier-1 capital ratio is expected to remain unchanged at 14%. The bank stated that it had access to appropriate capital-management levers and retained the flexibility to undertake additional capital actions
Income tax return errors do not automatically attract a 200% penalty. Under the Income-tax Act, 2025, under-reporting can attract a penalty of 50% of the tax payable on the under-reported income, while misreporting can attract 200%. Here's how the rules, late-filing fees and interest work.
The 8th Pay Commission has 18 months from its constitution in November 2025 to submit its report. With 1 January 2026 emerging as a possible effective date, here's what previous Pay Commissions reveal about salary revisions, implementation timelines and arrears.
Dell briefly became the world's second-richest person, behind Elon Musk, after his net worth surpassed $270 billion.
Netflix has replaced chief content officer Bela Bajaria with Peter Rice amid slowing audience engagement, declining stock and layoffs. Bajaria helped expand the companys global content and live entertainment offerings.
The 8th CPC is consulting employees, pensioners and other stakeholders before submitting recommendations on pay, allowances, benefits and pensions. Its report is due by May 2027. A year since constitution, here are the key updates
SEBIs PRIM route lowers the minimum investment for portfolio management services to 25 lakh from 50 lakh under the conventional PMS route. But renewals are treated as fresh investments, raising questions about investors whose portfolios fall below the threshold.
Gold and silver prices today, 16 October: 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.
DA news update: Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said the state government is considering releasing a Dearness Allowance (DA) instalment on Diwali this year. Here's what we know
Bandhan AMCs Suyash Choudhary explains how rising rates affect savers, why investors should keep debt portfolio duration short, and how to balance yield, credit quality and currency risk.
SEBI is exploring the inclusion of insurance policy details in the Consolidated Account Statement (CAS), which already covers investments such as mutual funds, equities, debt securities and NPS.
A 5,000 monthly SIP in a small-cap mutual fund could grow significantly over 20 years. Compare illustrative SIP returns of 12% to 18% with bank deposit returns of 6% to 8% and understand the risks of long-term investing. Seek professional guidance before making any investments.
Several large Indian mutual funds, including HDFC, Kotak Mahindra and UTI, halted bulk subscriptions to gold ETFs ahead of the festive season. Here's what changes for investors and what happens to your existing SIPs
Credit card reward points can help save money during the festive season, but redeeming points that are about to expire should not lead to unnecessary spending. Check expiry dates, compare redemption options and understand restrictions before deciding whether to use your rewards or let them expire.
Canada's Fairfax Financial Holdings, which owns 40% in the Kerala-based lender, must choose between selling its stake and merging CSB with IDBI Bank after the government approved the sale of a 60.72% stake in IDBI to a Fairfax subsidiary.
Asian Paints, Berger, and Birla Opus will raise prices by 3-4% ahead of Diwali as input costs soar.
Stellantis, Hyundai, and Suzuki are committing billions of dollars in fresh investments in India. The aggressive push comes as foreign brands seek to counter market share gains by domestic rivals Tata Motors and Mahindra & Mahindra

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