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The evolution of lending practices towards precision underwriting emphasizes using both historical and real-time data for improved risk management.

8th central pay commission: The 8th CPC has planned state visits to Telangana, Ladakh and Jammu & Kashmir in May and June 2026. Here's a look at the latest updates as the panel calls for consultations.

Public sector banks offer competitive personal loan interest rates starting at 7.10% in May 2026. Key factors that influence borrowing decisions include credit score, tenure, and processing charges.

I asked ChatGPT how to retire at 45 on 1.5 lakh a month. The AI tool suggested specific mutual funds while giving a detailed personal finance plan.

DSP MF CEO Kalpen Parekh trims gold after a sharp rally, raises equity via hybrid funds and sticks to disciplined asset allocationignoring noise, chasing value and respecting cycles.

Fintech platforms have made bonds look simple and safe. But behind curated yields and clean dashboards lie credit, liquidity and structural risks many retail investors may not fully grasp.

The 8th Pay Commission review highlights progress in consultations, stakeholder engagement, and the policy focus on salaries, pensions, and reforms shaping the future of government employees across the country.

Economists and financial planners urge the public to rebudget for essentials, build larger emergency funds, and consider global investment diversification as a hedge against accelerating imported inflation.

Record UPI transactions in FY26 highlight rapid digital growth nationwide. UPI payments are best made through secure apps, with vigilant verification and protection of sensitive financial details.

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. Here's what steps you can take to maximise your investment options

The online income-tax return process has simplified tax filing, yet first-time taxpayers face challenges. Here's a look at what income-tax notices mean and why you may get one from the tax department

Applying for a credit card involves careful consideration of your needs, spending habits, and comparing various options. Choose a card that aligns with your lifestyle to avoid future financial issues.

Unit-linked insurance plans or Ulips bundle life insurance and investment into a single product. Ulips also carry a tax advantage

The Finance Ministry raised the Dearness Allowance by 2% for central government employees and pensioners, increasing it from 58% to 60% of basic pay. Here's why some expect the next hike in July under 8th CPC to be 3%

The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decide salary hikes for 50 lakh central employees and 65 lakh retirees, potentially raising pay significantly.

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 the Form No.121 and sign it.

To turn market volatility into an instrument for wealth creation, retail investors should consider adopting a structured approach. Here are five fundamental rules that can help navigate the complexities of todays financial environment.

Mutual fund-based portfolio management services are becoming popular among high-net-worth individuals. Here is how these services work

May 2026 has crucial tax deadlines, including TDS payments and quarterly filings. Taxpayers must comply to avoid penalties. Full list of the deadlines here.

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 go viral. But it is the only version of the story that ends with you still holding the asset.

Odisha has several welfare schemes aimed at empowering women through financial assistance and social support, including Lakhpati Didi Yojana and MAMATA. Details here.

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 your city.

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 investing in SIPs, stocks, or fixed deposits for the best returns with minimum risk.

Effective money management involves budgeting, debt management, tracking expenses, and distinguishing needs from wants. Here's a few steps you can adopt to ensure financial security and future savings.

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 list of transactions where PAN is mandatory.

Home loans require lenders to assess creditworthiness, with credit scores significantly influencing approval and interest rates. A score above 750 is ideal, while scores below 700 may lead to higher rates or even rejection. Details here.

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 transactions during these periods. 

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. Here are the investment options you can choose from:

Concerns about a housing market crash are growing among Americans as mortgage rates rise and inflation increases. Financial experts recommend keeping housing costs below 25% of income, though this is becoming difficult with rising home prices. However, a major crash like in 2008 seems unlikely.

DA hike: The highest hike for Dearness Allowance of central government employees came in 2021 with an 11% increase from the central pay commission. Here's a look at what increments have been announced over the past few years

8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process

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 accounts in a bank, with specific exclusions for certain deposits. Details here. 

Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.

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 could see gains of nearly 386% from the issue price of 3,114 per unit.

Income tax rules discourage cash transactions, limiting annual deposits to 10 lakh. Experts recommend using savings accounts for cash deposits

Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Authority. Full details here.

Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insured, medical history of family members, and family size 

As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here's what each option offers.

A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and Hindu Succession Act emphasise equal rights for daughters and sons in inheritance matters.

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.

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 disciplined saving, investing 80-85% of his income, and living with parents to minimize expenses.

Investing in mutual funds varies by age to build a 10 crore corpus. Younger investors benefit from compounding over decades, while older investors face increased monthly requirements. 

Proposal to offer dematerialise units of idle physical gold for future fast-track sales, loans and jewellery conversion. Move to unlock idle gold in India to reduce import and foreign exchange drain

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 major cities of the country.

If you have children especially a young family a popular rule of thumb is to choose a term long enough to see them out of the house and through college.

Avoid costly personal finance mistakes in May 2026 for stronger financial growth as poor planning, emotional investing and debt misuse can erode long term wealth stability and returns.

Fresh developments around the 8th Pay Commission updates include regional visits, extended deadlines, and key meetings shaping pay, pension, and allowance reforms for central government employees, pensioners, and associated stakeholders across India. 

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 Rules, 2026.

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 RBI's holiday schedule. Online banking and ATMs remain operational during holidays.

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 approach to secure financial stability in the long run, as AI said.