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Mizoram's three autonomous councils are facing a salary shortfall of 159.59-crore salary shortfall and appealed seeking intervention from the state government. They said successive pay revisions, DA, annual increments and promotions had increased the financial strain.
After the RBI raised its repo rate to 5.50%, Punjab National Bank, Indian Bank, Bank of Baroda, Bank of India, Indian Overseas Bank and Tamilnad Mercantile Bank increased their lending rates. Here's what this means for customers
Farmer Karigowda, who owns a 3.5-acre farm in Karlapura Palya in Bengaluru Urban district, grows bottle gourds that weigh around 500 grams each.
The EPFO issued a security advisory urging members to protect personal and financial information. It warned against sharing sensitive data and warned of phishing attempts, emphasizing the use of official portals only while remaining vigilant about suspicious links.
The RBI's 25-basis-point repo rate hike on 7 October is aimed at curbing inflation. This increase could raise borrowing costs for loans, affecting monthly repayments, while potential adjustments to deposit rates may also occur.
The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, marking its first increase since February 2023. Here's a look at whether this could impact fixed deposit rates and what any transmission would mean for your funds
In a draft circular released on 6 August, the central bank proposed limiting NBFC lending strictly to term loans.
For NRIs, investing in both property and mutual funds can diversify portfolios. Check where they should invest their India-linked wealth.
EPFO is testing a UPI withdrawal facility. This will allow subscribers to withdraw their balance more conveniently. Here are 3 things you should know.
Adani Airport, which operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, had proposed temporarily discontinuing 265 of 770 weekly international departure slots from T2 of the airport from 25 October as part of the transition of international operations to Navi Mumbai.
The RBI's rate path from here on remains data dependent beyond December 2026. However, the bar for a December pause is much higher now.
The Cabinet increased the EPF wage ceiling to 25,000, expanding coverage for 51 lakh employees. This change, the first in 12 years, raises employer contributions and enhances pension benefits for long-term subscribers, impacting total accumulated corpus.
CESC Ltd, the groups utility arm, deals with power distribution as well as renewable energy generation under its subsidiary Purvah Green Power Pvt Ltd. It has a market capitalization of a little over 17,400 crore.
Ramit Sethi's I Will Teach You to Be Rich is an international bestseller. Here are 5 money lessons from the personal finance book.
The company also sees India's rapid 5G rollout as giving the country a competitive advantage as the telecom industry prepares to move towards 6G.
The Reserve Bank of India has removed Paytm Payments Bank from its list of recognised scheduled banks due to non-compliance with regulations. The bank's licence, cancelled in April 2023, was deemed detrimental to depositors' interests.
Bajaj Finance has raised FD interest rates by 15-40 basis points across 12-60 month tenures. Senior citizens can now earn up to 8.15% on fresh deposits and 8.25% on renewals, while regular depositors can earn up to 7.75% and 7.85%, respectively.
A surge in FCNR(B) deposits has left banks flush with liquidity, reducing the immediate pressure to compete for deposits even as the RBI begins to drain the surplus.
India's AI sector is gaining prominence, with 19 individuals listed on the M3M Hurun India Rich List 2026, collectively worth 3.07 lakh crore.
Hindustan Unilever has raised detergent prices in October, affecting brands like Wheel, Rin, and Surf Excel. This year, Surf Excel products saw multiple price hikes due to rising input costs, including increased palm oil and packaging expenses.
India is contemplating reviving jet fuel price stabilisation fund amid rising prices, influenced by geopolitical turmoil. Discussions are ongoing with airlines and oil-marketing companies, as ATF constitutes 40% of airline expenses. IndiGo has raised its fuel surcharge in response to soaring costs.
Three post-pandemic consumer businesses show how founders are finding customers, developing products, building brands and scaling in a market where the barriers to entry have fallen.
Flipkart's ex-employees have approached Walmart's board, seeking fair treatment for their vested ESOPs ahead of the company's planned IPO. Over 30,000 employees may receive 38,000 crore from buybacks. Here's a look at the latest
RBI governor Malhotra said RBI has not formed a view on Irdais proposed distribution reforms but will share its comments.
What happens if a bank account nominee dies before the account holder? Know the latest rules on simultaneous and successive nominations, how the deceased nominees share is treated, and what legal heirs may need to do to claim the money.
Lost your credit card? Acting quickly can help limit the risk of unauthorised transactions and fraud. Block the card, disable contactless payments, check recent transactions, secure digital wallets, report suspicious activity and request a replacement card.
RBIs 25 bps repo rate hike could reshape returns across debt, equity, FDs and gold. Experts explain which asset classes may benefit, where investors could face pressure and how to position portfolios as the rate cycle turns.
RBI has clarified reporting rules under the new FEMA trade regulations effective 1 October. Individuals are not required to report personal imports or exports, while small exporters with bills up to 10 lakh can use self-declaration and an invoice.
The 8th Pay Commission begins its Bengaluru meeting today as employee unions push key demands on pay, allowances and service conditions. Postal employees have sought Level 9 for HSG-I, Level 10 or above for HSG-I (NFG), Group B gazetted status and a 10% responsibility allowance.
Adventure sports such as diving, trekking and rafting may not be covered by standard travel insurance. Heres what Indian travellers should check before buying a policy.
UPI MDR takes effect from 15 October for select merchant transactions above 2,000. RBI Governor Sanjay Malhotra said he does not expect the small fee to have a major impact on UPI volumes, while consumers will not be charged.
Starlink says it has kept India user data within the country and built local infrastructure as satellite internet providers await final regulatory and security approvals.
Account aggregators interoperability can allow customers to access the ecosystem seamlessly irrespective of the account aggregator.
RBI has raised the repo rate by 25 bps to 5.50%, increasing borrowing costs for consumers with floating-rate loans linked to external benchmarks. Home-loan borrowers may see the hike reflected through higher EMIs, longer repayment tenures or both, depending on their lenders mechanism.
Higher input costs and consequent price hikes could weigh on sales.
Governor Sanjay Malhotra highlighted stronger FDI inflows, $734.6 billion forex reserves and 18.1% bank credit growth, while noting $10.3 billion FPI outflows amid global financial risks.
The RBI repo rate hike to 5.50% may benefit fixed deposit investors over time. Here is what the rate hike means for existing FDs, new deposits, FD renewals and interest rates.
Indian music artists are making strides on the global stage, primarily through diaspora connections. Experts advocate strategic marketing and international collaborations to broaden their appeal as independent Indian artists shift away from reliance on film for global success.
UPI MDR will apply to select merchant transactions above 2,000 from 15 October 2026, but consumers will not have to pay the charge. Heres what the new rules mean for Diwali and Dhanteras shopping, including high-value purchases.
Lionel Messis career with Argentina offers valuable lessons for building long-term wealth. From staying consistent and adapting to setbacks to diversifying income and planning beyond peak earnings, these five money lessons can help investors build stronger financial habits.
Gold and silver prices today, 7 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.
Irdais proposed commission reforms are a step forward, but better claims data are needed to ensure consumers can judge not just what insurance costs, but what it delivers.
A Telangana retired professor waited nearly 12 years for his pensionary benefits after taking voluntary retirement. The Telangana Human Rights Commission has now directed NIMS to settle his dues within three weeks.
The 8th Pay Commission begins its meetings in Bengaluru today. Here are the five latest updates on consultations, fitment factor, salary, allowances and pensions, and what central government employees and pensioners should know about the ongoing process.
A Jaipur ITAT ruling offers relief to taxpayers making large cash payments from bank withdrawals. The tribunal said every credit-card payment need not be matched to a specific withdrawal if the taxpayer can establish the source and availability of the cash.
Major staffing firms Quess, TeamLease, and Adecco report that clients are shifting from flat fees to output-based billing. Vendors now manage workforce performance, facing penalties if targets are missed and earning rewards when they deliver
A 10-year SIP can significantly grow wealth through the power of compounding. We look at the top-performing active diversified equity funds and hybrid funds, their long-term SIP returns and how a 10,000 monthly investment could have grown over a decade.
The commission's decision took into account the circumstances surrounding the purchase and the prolonged failure to hand over possession
The RBI may raise the repo rate by 25 bps or hold it at 5.25%. What should investors do with their equity, debt, arbitrage and gold allocations under either scenario? Experts explain how to navigate the decision and what portfolio changes to make.
The Railway Board has asked RDSO to investigate a WAP-5 locomotive wheel skid on wet rails during emergency braking by a New Delhi-Chandigarh Shatabdi, and review track fencing after cattle incursion.

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