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IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher test

Transformations are on the horizon for India’s insurance industry, with new proposals from the Insurance Regulatory and Development Authority of India aiming to streamline product distribution and limit commissions. These changes could lead to lower insurance premiums, but distributors heavily…

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IndiGo appoints Sudeep Anurag as Director– HR Analytics and Transformation

At IndiGo, his mandate will focus on HR analytics and transformation, as the airline continues to build data-led people practices and strengthen its workforce capabilities.

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Ventive Hospitality appoints Percy P. Muncherji as head – design & development

In his new role, Muncherji will lead design and development across Ventive Hospitality’s portfolio, overseeing new developments, renovations and existing assets. His mandate will encompass design direction, development strategy, technical oversight, engagement with brands and operators, consultant leadership and project…

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From India to the US boardroom: Why L-1A is becoming a strategic US-expansion route for Indian mid-sized businesses

Indian mid-sized and entrepreneur-led companies increasingly view the L-1A visa as a means to establish US operations. This visa allows for seamless transfer of executives or managers to lead local teams. Businesses are focusing on solid expansion plans and leadership…

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IndusInd Bank launches dedicated banking vertical for GCCs

In a significant move, IndusInd Bank has introduced a dedicated banking vertical aimed at servicing Global Capability Centres. With the establishment of 2,117 GCCs highlighting India’s rise as a vital global capability destination, this initiative intends to unify corporate and…

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RBI to raise interest rates to 5.50% in October as inflation broadens

The Reserve Bank of India is projected to increase interest rates by 25 basis points to 5.50% this October, marking the first adjustment since February 2023, as inflationary trends intensify. Economists note that inflation has surpassed the RBI’s medium-term target…

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  • New FASTag local pass from 1 Nov: Costs, coverage, validity rules compared with Annual Pass; which one should you buy?

    The new FASTag concessional local pass launches on 1 November for non-commercial vehicle owners living within 20 km of a toll plaza. Costing ₹1,500 or ₹3,000 annually, it differs from the ₹3,075 FASTag Annual Pass in coverage, eligibility and usage rules. 

  • Dearness Allowance hike October 2026: Ministry of Railways revises VDA rates for contract workers; check details

    The Ministry of Railways has revised VDA rates for contract workers with effect from 1 October 2026. The Railway Board’s 28 October letter refers to the Labour Bureau’s 30 September order and directs principal employers to ensure that contractors comply with applicable labour laws.

  • Gold, silver prices today, 29 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 29 October: 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.

  • Need money urgently in financial crisis? PPF loan v personal loan - Check costs, interest rates and applicable rules

    Need money urgently? Compare PPF loan vs personal loan interest rates, borrowing limits, eligibility and repayment rules in October 2026. Here are the PPF loan costs, personal loan EMIs and key conditions to choose a suitable borrowing option during a financial emergency.

  • Karwa Chauth 2026: Are banks open today? Check if SBI, HDFC, ICICI Bank and others are closed in your city on October 29

    A local bank holiday for Karwa Chauth on October 29 affects public- and private-sector banks. Customers can use online and mobile banking, UPI, cards and ATMs. 

  • DA hiked to 63% for central government employees: Check monthly salary increase across 7th Pay Commission levels

    The Union Cabinet has approved a 3% DA hike for central government employees, taking the rate to 63% effective from 1 July 2026. How much will monthly salaries increase across different pay levels? Check the revised DA calculations and what employees can expect.

  • DA hike from 60% to 63%: How central government employees can use extra salary to build savings and secure their future

    The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra salary to build savings, invest through recurring deposits and mutual fund SIPs or increase their emergency corpus.

  • Co-payment: The illusion of cost control

    The co-payment proposal raises concerns about all three sources of market failure: information asymmetry, market power, and externalities.

  • Investing in US stocks from India? How much can you invest and can you apply directly for IPOs? Complete guide here

    Indian residents can invest in foreign stocks through the RBI’s Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs. 

  • Mutual fund direct plans to become default on AMC apps from November 1; what investors need to know

    SEBI will make direct mutual fund plans the default option on asset management companies’ digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

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