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Assam clears 8th pay commission: What it could mean for salaries, pensions

State panel to review pay, allowances and service conditions, revision may lift take-home pay and retirement benefits for employees and pensioners
Finance

Assam clears 8th pay commission: What it could mean for salaries, pensions

State panel to review pay, allowances and service conditions, revision may lift take-home pay and retirement benefits for employees and pensioners

RBI plans KCC revamp with 6-year tenure and higher loan limits ahead

Draft norms propose standard crop seasons, tech spend cover and loan limits linked to scale of finance under Kisan Credit Card framework
Finance

RBI plans KCC revamp with 6-year tenure and higher loan limits ahead

Draft norms propose standard crop seasons, tech spend cover and loan limits linked to scale of finance under Kisan Credit Card framework

Aadhaar biometric lock explained: How it prevents biometric fraud

UIDAI's biometric lock feature lets users block fingerprint and iris authentication, adding an extra safety layer against Aadhaar-linked fraud and misuse
Finance

Aadhaar biometric lock explained: How it prevents biometric fraud

UIDAI's biometric lock feature lets users block fingerprint and iris authentication, adding an extra safety layer against Aadhaar-linked fraud and misuse

FD left without a Will? Here's how children, grandchildren can claim money

Legal experts explain when children or grandchildren can inherit FDs, what nominees can do, and which documents banks will ask for
Finance

FD left without a Will? Here's how children, grandchildren can claim money

Legal experts explain when children or grandchildren can inherit FDs, what nominees can do, and which documents banks will ask for

India bond yields drop on FTSE Russell index inclusion, RBI stance shift

Global index provider FTSE Russell said it will include India's sovereign bonds in the Emerging Markets Government Bond Index from September 2025, potentially drawing billions of dollars into bonds
Finance

India bond yields drop on FTSE Russell index inclusion, RBI stance shift

Global index provider FTSE Russell said it will include India's sovereign bonds in the Emerging Markets Government Bond Index from September 2025, potentially drawing billions of dollars into bonds

PMAY 2.0: Can government withdraw your loan subsidy if lapses are found?

Before taking advantage of a credit subsidy, it is important to check with your bank or lending institution regarding the conditions under which the subsidy may be revoked or reclaimed by the governme
Finance

PMAY 2.0: Can government withdraw your loan subsidy if lapses are found?

Before taking advantage of a credit subsidy, it is important to check with your bank or lending institution regarding the conditions under which the subsidy may be revoked or reclaimed by the governme

Lenders not allowed to levy foreclosure charges on MSEs, says RBI

Analysts said that the implementation of the norms will negatively impact the income of these lenders while increasing pre-payment of loans and balance transfers
Finance

Lenders not allowed to levy foreclosure charges on MSEs, says RBI

Analysts said that the implementation of the norms will negatively impact the income of these lenders while increasing pre-payment of loans and balance transfers

Over 3.5 mn I-T audit reports filed on e-filing portal up to Oct 7: FinMin

The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment year 2024-25 on the e-filing portal till October 7. The income tax department had extended the dat
Finance

Over 3.5 mn I-T audit reports filed on e-filing portal up to Oct 7: FinMin

The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment year 2024-25 on the e-filing portal till October 7. The income tax department had extended the date for filing the audit report from September 30 to October 7. There is an increase in the filing of TARs for the AY 2024-25 by around 4.8 per cent compared to the filings of TARs on the due date for AY 2023-24. «To assist taxpayers, the department conducted extensive outreach programmes through emails, SMSs, webinars, social media campaigns and messages on the Income Tax portal to create and raise awareness among the taxpayers about filing TARs and other audit forms by the due date. Various user awareness videos were uploaded on the Income Tax portal to provide guidance,» the ministry said in a release. It further said that these concerted efforts have been helpful to taxpayers and tax professionals in timely compliance in filing

Perks galore: Amex Platinum Card gets luxe upgrade, fees hiked to Rs 77,880

With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.
Finance

Perks galore: Amex Platinum Card gets luxe upgrade, fees hiked to Rs 77,880

With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.

Looking for alternatives to invest in gold? Groww MF floats new ETF

The Groww Gold ETF aims to mirror the local price of physical gold, providing investors with the opportunity to invest in gold bullion with a purity of 99.5%
Finance

Looking for alternatives to invest in gold? Groww MF floats new ETF

The Groww Gold ETF aims to mirror the local price of physical gold, providing investors with the opportunity to invest in gold bullion with a purity of 99.5%

Deal-making in India hits new high: M&A and PE lead the way, telecom tops

Mergers and acquisitions (M&A) contributed significantly to the surge, with a 57% increase in volume and 65% in value compared to the previous quarter.
Finance

Deal-making in India hits new high: M&A and PE lead the way, telecom tops

Mergers and acquisitions (M&A) contributed significantly to the surge, with a 57% increase in volume and 65% in value compared to the previous quarter.

Over 10 mn women registered under Subhadra Yojana: Odisha dy CM Parida

Odisha Deputy Chief Minister Pravati Parida on Tuesday said more than one crore women have registered themselves under the Subhadra Yojana, a financial assistance scheme launched by the BJP government in the state. Prime Minister Narendra Modi had inaugurate
Finance

Over 10 mn women registered under Subhadra Yojana: Odisha dy CM Parida

Odisha Deputy Chief Minister Pravati Parida on Tuesday said more than one crore women have registered themselves under the Subhadra Yojana, a financial assistance scheme launched by the BJP government in the state. Prime Minister Narendra Modi had inaugurated the ambitious women-centric scheme on September 17, and on that day, the first instalment of Rs 5,000 was sent directly to the bank accounts of around 25.11 lakh beneficiaries. «Over one crore women have already come forward and registered themselves to get benefits of the Subhadra Yojana, which has created a history in Odisha,» the deputy CM said. Chief Minister Mohan Charan Majhi would release the first instalment to another 35 lakh women on October 9 at Baripada in Mayurbhanj district, said Parida, who is in charge of the Women and Child Development Department. Subhadra Yojana, the financial assistance scheme named after the sister of Lord Jagannath, was one of the major promises made by the BJP for women in its election ..

Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra

Financial inclusion lowest in rural and agriculture-dependent areas where food is the main source of income, say deputy governor.
Finance

Financial inclusion shaping rate-setting decisions now: RBI's Michael Patra

Financial inclusion lowest in rural and agriculture-dependent areas where food is the main source of income, say deputy governor.

Indian Rupee gains 24 paise to close at 75.02 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01
Finance

Indian Rupee gains 24 paise to close at 75.02 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01

Canara Bank raises Rs 2,500 crore through Basel-III compliant bonds

Canara Bank on Friday said it has raised Rs 2,500 crore by issuing Basel-III compliant bonds to a total of 10 allottees.
Finance

Canara Bank raises Rs 2,500 crore through Basel-III compliant bonds

Canara Bank on Friday said it has raised Rs 2,500 crore by issuing Basel-III compliant bonds to a total of 10 allottees.

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