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Over the past year, India has rewritten key rules governing insurance. Yet for policyholders, the real test lies not in regulation, but in how these changes play out when a claim is filed.

Bank holiday today, 31st December: The Reserve Bank of India (RBI) releases a bank holiday calendar every year, according to which lenders close their branches on national holidays and festivals among others.

Multi-asset funds provide exposure to a diverse range of asset classes, offering a high degree of diversification typically associated with institutional investing. These funds may invest in a range of conventional equity and fixed-income strategies, index-tracking funds and financial derivatives.

Income Tax Refund Status LIVE Updates: I-T Department's deadline given to people for filing their revised ITRs is in focus now. However, some refunds filed have been delayed due to certain complications. Taxpayers can check a quick guide to help them check their latest ITR status online.

Filing an Income Tax Return can lead to errors, from minor mistakes to significant omissions. Taxpayers can correct these by submitting a revised return, but must verify it within 30 days to avoid invalidation. The deadline for those who filed on 16 September 2025 is 31 December 2025.

As of 2024, unclaimed deposits in Indian banks total 62,314 crore, with public sector banks holding most. SBI leads with 16,968.41 crore. The government initiated a campaign to reclaim these funds, which have significantly increased since 2021.

The tax authorities are empowered to directly enforce the sellers liability on the buyer.

A proposed 10-month suspension of cargo freighter operations at Mumbai airport could drive up air freight costs and force exporters to reroute shipments, as Navi Mumbai is not yet ready to handle international cargo volumes.

Bank holidays in January 2026: As per the RBI bank holiday calendar, banks will be closed for up to 16 days in January 2026 across different parts of India. However, this does not mean that all banks across locations will close for 16 days.

ITR refund deadline: Once the 31 December deadline passes, taxpayers do not have the opportunity to file revised ITR even though their returns are not processed by the CPC.

Deepika Padukone's call for eight-hour shooting schedule has triggered a debate. Experts note that while regulated hours could improve crew well-being and efficiency, they may also raise project costs.

8th Pay Commission: Even though the in-hand salary of employees will receive only after the 8th Pay Commission announcement is made officially, the arrears will begin to accumulate from January. They will be released after the provisions of the 8th Pay Commission is announced.

New Year 2026: Experts often recommend investors stay committed to the key fundamentals of investing, including asset allocation and diversification.

Credit card applications can be rejected due to weak credit history, high debt, insufficient income, errors in documentation, or eligibility issues, highlighting the importance of disciplined spending and repayment habits.

AGR relief, satellite broadband, and spectrum auctions will shape Indias telecom landscape in 2026.

As India's milk production rises, the lactose-free milk market is booming due to increased health awareness. The sector is projected to grow significantly, with innovations in packaging and product offerings ensuring lactose-free milk becomes a common choice for consumers seeking digestive comfort.

Failing to do so, the government said, would cause social media platforms to be in violation of law and lose safe harbour protection.

The removal of GST on health and term insurance was an important catalyst in how consumers upgrade coverage, choose smarter products, and commit to longer-term protection.

The 8th Pay Commission, approved by the Modi-led Cabinet, will take effect on 1 January 2026 and is expected to revise salaries for central government employees and pensions for retired personnel. Full details here.

From tax reforms to new labour codes, here are the important changes from 2025 that demand a fresh look at your money strategy for the coming year. 

The regulator initially sends a show cause notice to the entity concerned; if it is not satisfied by the response, a penalty follows. The fine also sends a message to the bank's board.

Overall adoption of EVs rose in India despite supply-chain disruptions in 2025, stemming from Chinas grip in rare earths. But, the government is focusing on electric buses and trucks, which are crucial for India to meet its 30% electric transport target by 2030.

At the end of September, banks reported a total of 5,092 frauds, lower than 18,386 frauds a year ago, but the value rose to 21,515 crore from 16,569 crore during April-September.

Even when the financial goal is due in a long time, one should refrain from risking too much of money to equity alone. Experts recommend diversification across asset classes so that if one category underperforms, it can be compensated by the performance of other categories.

Multiple social media users claimed that they have been facing technical issues with the MCA portal, causing disruptions in filing annual reports before the 31 December deadline, demanding extension

The RBI's digital public infrastructure for the lending ecosystem now has 64 lenders, including 41 banks and 23 NBFCs.

Bank fundraising through private placements, qualified institutional placements, and preferential allotments has plummeted to a three-year low in FY26, according to the RBIs latest report.

Education inflation in India tends to run higher than general CPI, often in the 8-12% range for private education, especially in metros. Experts say education costs double about every 67 years.

In its report on trends and progress of banking In India, the RBI said that notwithstanding a moderation in bank credit in FY25, funding for the commercial sector grew due to an increase in flows from non-bank sources, led by the equity markets.

Indias TV market is set to grow through 2029 as shared viewing, affordable cable packs, and strong regional content keep traditional television relevant despite OTTs rise and audience fragmentation.

Saregamas investment in Sanjay Leela Bhansalipromoted Bhansali Productions without acquiring film IP signals a structural shift in Indian cinema financing. How will this play out in the long term?

With the 8th Pay Commission members announced, employees are now expecting a salary hike soon. However, it will not increase from 1 January. What happens then?

New Year 2026: You can enhance your credit profile in the new year by adopting simple habits, such as tracking credit usage, diversifying your loans, and establishing healthy long-term credit practices to improve your score and increase financial opportunities.

In case you have earned any dividend out of the shares held during the calendar year, you should disclose the same as well as the schedule in which such dividend is offered to tax in the return of income (Schedule OS in the case of dividends).

The Centre has 18 levels of employees. The 8th Pay Commission salary hike will depend on each employee's or pensioner's level. Here's how much their salaries are expected to increase.

Rising treatment costs and recurrence risks make choosing the right cancer coverage criticalheres how to protect yourself financially.

8th Pay Commission effective from January 1: The 8th Pay Commission is set to revise the pensions, allowances, and salaries of current and retired central government employees. The commission is set to be effective from 1 January 2026.

Meaningful insurance education would require honesty. It would begin by acknowledging that many products approved and aggressively sold in the market may hurt customers' financial well-being

Structural changes were made to the NPS to increase its wider acceptance among households, while EPFO took some tough calls to plug complete withdrawals of the provident fund. Here are the headline events of 2025 in the space that you should take note of.

Battery swapping is expanding into India's heavy-duty freight sector, offering a speedy alternative to traditional charging and lower upfront vehicle costs. It aims to make zero-emission trucking commercially viable by treating energy as a flexible service rather than a fixed asset.

Flexi-cap funds may offer diversification without forcing exposure to expensive market segments. But these are not the only ones that promise diversification across market caps.

The 8th Pay Commission, recently approved by the Union Cabinet, seeks to adjust salaries and pensions using a fitment factor influenced by inflation. Projections suggest a factor of 1.83 to 2.57, affecting around one crore government employees and retirees.

Taxpayers must link Aadhaar with PAN by 31 December 2025 to maintain PAN validity. The process can be completed online, requiring a valid PAN, Aadhaar number, and mobile number. 

Banks usually allow borrowers to cancel their personal loans, if required, during the cooling-off period with no or low charges. 

In 2025, equity performance varied significantly with silver funds leading at 128% returns. Large and midcap funds excelled due to quality stock selection, while smallcap funds struggled. 

On the borrowers death, the bank asks the co-applicant or guarantor to pay, or recovers the personal loan amount from the deceased persons estate. 

The financial planning in India needs to move away from being product-centric to problem-centric.

The NOVA Credit Card is a luxury credit card that offers accelerated reward points on travel, airport lounge access, low forex markup, golf rounds, and more, designed for those looking to transform everyday moments into milestones.

Logan Paul purchased the Pikachu Illustrator card for millions of dollars four years back, during which he broke a Guinness World Record for the most expensive Pokmon trading card sold in a private auction.

Income Tax Refund Status LIVE: I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but some have been delayed. Heres a quick guide to help you check your ITR status online.