Blog - Advisors India

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HDFC Bank's total workforce witnesses reduction of 3,343 employees in FY26

HDFC Bank saw its employee count decrease by 3,343 during the last fiscal year. The bank’s total balance sheet size expanded by twelve percent to over forty-three lakh crore. Advances increased by twelve percent, and total deposits rose by fourteen…

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Trump: Iran blockade reinstated, US to charge 20% on Strait of Hormuz cargo

President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped. The vital Strait of Hormuz remains open under U.S. protection and security measures.…

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India’s youngest airline Akasa Air seeks funds as Iran war drives up costs

Akasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors and two point five billion rupees in loans. Existing owners will contribute five billion rupees to the equity portion.…

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One Indian killed, six injured as Iranian missiles target two UAE tankers in Hormuz

In a statement, the UAE MoD said that the attack killed one Indian crew member aboard the Mombasa and injured eight others, including six Indian nationals and two Ukrainians, four of whom sustained serious injuries.

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RBI likely to keep rates unchanged till October, India's GDP to moderate to 6.6-6.8% in FY27: BoB Outlook

The Reserve Bank of India (RBI) is likely to keep policy rates unchanged at least till October 2026, while India’s economy is expected to grow at a steady pace of 6.6-6.8 per cent in FY27 despite global uncertainties, according to…

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RBI tells banks to empower Internal Ombudsmen to redress customer grievances

The Reserve Bank of India (RBI) on Monday asked banks to empower their Internal Ombudsmen (IO) mechanism to strengthen customer service and redress grievances speedily in order to avoid external escalation of cases.

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EPFO: Here's how to retrieve your forgotten UAN using the official portal and Umang app — Stepwise guide
The Employees' Provident Fund offers a secure retirement savings option for Indian salaried individuals offering an 8.25% interest rate for FY26. Here's how EPF subscribers can retrieve their UAN via the EPFO portal or Umang app.
Only 4 value mutual funds delivered double-digit returns in one year. Here's why experts aren't worried
Only four of the 23 value mutual funds delivered double-digit returns over the past year, while nine schemes posted losses. Experts explain why the numbers don't tell the full story and what investors should look for instead.
8th pay commission: Discussions ongoing, check full list of beneficiaries for pay hikes, allowances, other benefits
The 8th Pay Commission is in discussion to recommend pay hikes and salary structure for central government employees and pensioners. Chaired by Ranjana Prakash Desai, it aims to benefit around 1 crore individuals and will submit recommendations by November 2025.
DA, DR hike: Dearness allowance for pensioners — Dearness Relief calculation, eligibility explained
Dearness Allowance: A fixed percentage of pensioners' monthly pension payments is aimed at mitigating inflation. However, unlike DA in salaries for central government employees, the component is known as Dearness Relief or DR.
Newly married couples: 8 health insurance mistakes to avoid
Newly married couples should review health insurance plans, assess coverage needs and plan for maternity benefits. This guide highlights common mistakes, including relying only on employer cover and overlooking parents’ healthcare needs, to help couples make smarter financial decisions.
Retired PSU employee faces ₹2 lakh tax demand over Form 16 omission; ITAT Pune grants relief
A retired PSU employee successfully challenged a ₹2 lakh tax demand after ITAT Pune ruled that a leave encashment exemption cannot be denied because it was omitted from Form 16. The Tribunal held that statutory tax benefits are determined by law and not by how the employer reports them.
ITR Filing 2026: CBDT upgrades income tax portal before July 31 deadline, Key changes explained
The Finance Ministry has told Parliament that the Income Tax Department has strengthened the e-filing portal to handle peak traffic during the return filing season, with infrastructure capable of processing up to 1 crore ITRs a day.
Can cooperative insurance become India’s next financial inclusion story?
The proposed national cooperative life insurer is about more than adding another player—it could shift India's insurance journey from expanding access to building financial resilience.
Can the government impose taxes without a law? What Article 265 says
Article 265 of the Indian Constitution states that no tax can be levied or collected except by the authority of law. In simple terms, every tax must be backed by a valid law passed by Parliament or a state legislature, preventing arbitrary taxation by the government.
Cable and DTH charges to rise 4-6 times? PIB Fact Check reveals the truth
PIB Fact Check has dismissed viral claims that the Centre's draft Telecom Rules, 2026 will shut down TVs or raise cable and DTH charges by four to six times. It clarified that the draft rules contain no fee hike provision and are currently open for public consultation.