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News

  • Gold, silver prices today, 2 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 2 September: 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.

  • Gave someone power of attorney for your property? Gujarat HC explains what they can and cannot do

    The Gujarat High Court cancelled a gift deed after a POA holder transferred an NRI's Vadodara property to his own son and daughter-in-law. The court held that the POA had ended after the owner's wife died and did not authorise the attorney to gift the property.

  • Bank delays credit card closure? Know your rights — Here's how to claim ₹500/day compensation

    Bank delaying your credit card closure? Under RBI rules, lenders must close accounts within 7 days or pay a ₹500/day penalty. Check how to claim compensation…

  • Income tax: Wife escapes ₹7.09 lakh addition after bank records prove husband paid for the entire joint property

    A Kolkata woman won an income-tax appeal after proving her husband alone funded a jointly purchased property that was valued ₹14.2 lakh higher by the stamp authority. ITAT Kolkata deleted the ₹7.09 lakh tax addition made in her hands under Section 56(2)(vii)(b).

  • July DA hike, 8th Pay Commission: What Central government employees need to know

    Central government employees await the July 2026 DA revision. Meanwhile, the 8th Pay Commission continues consultations on pay, allowances and pensions. Here’s what the two developments mean for employees and pensioners.

  • India's first tokenised corporate bond is coming: Expert explains what it means for retail investors and how it works

    India is set to test tokenised corporate bonds with REC in September, using blockchain and wholesale CBDC for faster settlement. The pilot will initially be limited to select investors. The move could eventually improve transparency, access and liquidity.

  • Will Gen Z be largest, wealthiest generation in history? Report finds youth poised to overtake Boomers by 2029

    Will Gen Z become the largest and wealthiest generation in history? A report by Nielsen (NIQ) and World Data Lab found the youth are poised to overtake Boomers' consumer spending by as early as 2029.

  • LIC introduces new Bima Platinum and Jeevan Raksha policies on 70th anniversary: Benefits, returns, tenure and more

    Life Insurance Corporation of India (LIC) CEO and MD R Doraiswamy announced two new policies-- Bima Platinum and Jeevan Raksha policies. While both are described as non-participating and non-linked plans, their structure and benefits are not the same. Check it out.

  • Credit card transactions rise 24% in July, while average spend drops 13.5% to ₹3,460: What’s driving the trend?

    Credit card transactions increased 24.1% year-on-year to 601 million in July, but overall spending only rose 7.4%. The average transaction value fell 13.5% to ₹3,460, with consumers favouring smaller purchases through RuPay cards linked to UPI.

  • Gold and silver ETFs: Which funds topped the charts in August 2026—how they differ from 1-year return winners

    Gold and silver ETFs posted strong gains in August 2026, but their performance over the past year tells a different story. While some funds led the monthly charts, the longer-term leaderboard reveals a notable shift between the two precious metals.

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