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India’s GDP growth in Q4 of 2024-25 expected at 6.8-7 per cent: Report

The Indian economy is expected to grow at 6.8-7 per cent in the fourth quarter of the financial year 2024-25, driven by the agriculture sector, according to a Bank of Baroda report released on Friday.

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GSTN defers locking of table showing inter-state supplies to unregistered persons in monthly returns

GST Network has deferred the implementation of locking Table 3.2 in GSTR-3B, which shows inter-state supplies to unregistered persons and composition taxpayers. This decision comes after taxpayers voiced concerns about the auto-populated data’s accuracy.

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Matrimony.com’s Q4 net profit falls 30 pc, revenue declines

Online matrimonial service provider Matrimony.com on Friday reported a sharp drop in its profit after tax (PAT) and revenue for the fourth quarter (Q4) of FY25.

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Gold climbs Rs 1,400 to Rs 96,450/ 10 g; silver jumps Rs 1,000

Gold prices in Delhi surged by Rs 1,400 to reach Rs 96,450 per 10 grams, driven by increased buying from jewellers and stockists. Silver also saw a rise, appreciating by Rs 1,000 to Rs 98,000 per kg. Internationally, spot gold…

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Akasa Air plans Southeast Asian expansion as Boeing problem eases

Akasa Air is set to significantly expand its operations this fiscal year, focusing on international routes, particularly in Southeast Asia. Despite facing challenges due to Boeing’s production delays, the airline anticipates increased aircraft deliveries. With these improvements, Akasa aims to…

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Piyush Goyal to consider industry plea for extension of QCO deadline for electrical appliances

Commerce and Industry Minister Piyush Goyal is considering extending the implementation timeline for the quality control order (QCO) on electrical appliances following industry concerns. Stakeholders highlighted issues like supply chain complexities, testing infrastructure gaps, and certification challenges. Goyal urged the…

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  • DA hike in Bihar: Samrat Choudhary govt announces DA, DR hike for employees, pensioners— Check new rates, effective date

    The Bihar government has approved a Dearness Allowance increase for state employees and pensioners, raising it by 5 percentage points for the 6th Central Pay Commission and by 9 points for the 5th, effective January 1, 2026. This is a key financial decision by Chief Minister Samrat Choudhary.

  • Social Security raise in 2027? New forecasts signal a higher COLA than earlier expected

    New inflation data suggests a possible 4.2% increase in Social Security COLA for 2027, up from 3.2%. Rising costs of essentials have led to revised projections by analysts and advocacy groups, highlighting a significant loss in purchasing power for beneficiaries since 2016.

  • Locked EPFO account? Here's why it happened and how you can recover it

    See an “EPF account locked” message when you try to log into your employee provident fund. This can happen due to multiple reasons. Here's what steps EPFO members can take to resolve the issue and access their account…

  • Why is the EPFO launching a new website? Here's all you need to know about E-PRAAPTI portal

    The EPFO is all set to launch a new web portal soon, known as the E-PRAAPTI, to help members recover their old and inoperative employee provident fund accounts. Here's all you need to know…

  • I asked ChatGPT how to build fintech startup in 5 years on ₹10 LPA job: AI didn't sugarcoat anything

    A Bengaluru tech professional sought a realistic startup plan from ChatGPT. The advice emphasised using a stable job as financial capital, maintaining low fixed expenses and focusing on genuine problems over trendy ideas. 

  • Income-tax rules: Capital gains taxation on digital, paper, physical and inherited gold for Indians and NRIs, explained

    Income-tax rules: Here's how capital gains generated from digital, paper (which includes gold ETFs, gold mutual funds and sovereign gold bonds) physical and inherited gold are taxed for residents and NRIs.

  • ITR filing 2026: Sold property at a loss? Here’s how you can claim income tax relief this year

    Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains. Both short-term and long-term losses can be carried forward for up to eight years. Full details here.

  • Canara Bank hikes MCLR rate by 5 bps — Here's a look at how this impacts your auto, home and personal loan repayments

    Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.

  • PPF extension vs phased withdrawals: What should investors choose after account maturity?

    After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.

  • 8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision

    8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pension revisions. 

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