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News

  • UCO Bank fined ₹15,000 for delay in revising widow’s family pension despite official instructions: Here's what happened

    A Chandigarh consumer commission directed UCO Bank to pay ₹15,000 to a widow after finding that its delay in revising her family pension amounted to deficiency in service. The commission said later payment of arrears did not erase the hardship and mental harassment caused.

  • ‘Hire them on contract’: Justice BV Nagarathna questions lack of accountability of 'privileged' govt employees

    A bench comprising Justice BV Nagarathna and Justice R Mahadevan was hearing a case arising from claims by government employees against the Punjab government over pending payments.

  • Howrah consumer commission orders builder to pay ₹6.8 lakh to two brothers after selling booked flat to another buyer

    The commission found that the developer had violated the terms of the agreement by selling the same property to another buyer despite having already accepted money from the original purchasers.

  • GPF disbursal rules: Who gets a deceased govt employee’s money if there is no nominee? Which family members are excluded

    Central government employees’ GPF savings are distributed under rules governing nominations and eligible family members. Here's who can claim the funds if no nominee exists.

  • Asked to be a friend’s loan guarantor? Know these financial risks before you agree to help, and when to avoid saying yes

    A loan guarantor may be responsible for a borrower’s debt, interest and penalties after default. Before signing, one should consider certain risks and know when to decline the arrangement.

  • Bengaluru tenant wins consumer court battle over ₹80,000 security deposit; landlord ordered to pay 9% interest

    The consumer court ruled that the landlord could not withhold the security deposit without producing evidence of damage to the property or establishing any outstanding rent, utility bills or other dues

  • Silver price in Chennai today, Nov 6, 2026: Up or down on Dhanteras? Check latest rate in ‘Gateway to South India'

    Silver prices reversed their recent upward trend on Dhanteras. Check how much silver costs in Chennai today.

  • Kia Carnival not delivered to company: Dealer told to refund ₹1.08 lakh, pay ₹1.25 lakh more; what consumer panel said

    A Delhi consumer commission ordered Kia dealer Jayanti Motors and its managing director to refund ₹1.08 lakh with 9% annual interest, pay ₹1 lakh compensation and ₹25,000 in legal costs for failing to deliver a booked Kia Carnival. 

  • I-T dept flags gaps in foreign investors' tax identification numbers, seeks changes in account-opening rules

    The income tax department seeks changes to account-opening requirements and gather feedback from financial institutions to improve information exchanged with foreign tax authorities. Details here.

  • Parag Parikh Flexi Cap Fund: GIFT City sibling to invest in domestic scheme; check NFO dates, NRI, FII access and more

    Parag Parikh GIFT City has launched the Parag Parikh India Flexi Cap Fund, offering NRIs, OCIs, and eligible foreign investors access to the domestic Flexi Cap Fund. Here's how the feeder fund works, its investment rules, key features, NFO details, and what it could mean for domestic investors.

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