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IRDAI retains existing surrender value norms after pushback from industry

The Insurance Regulatory and Development Authority of India (IRDAI) has decided to maintain existing surrender values for life insurance policies following concerns raised by insurers. The regulator has also allowed the sale of Index Linked Insurance Products tied to publicly…

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Raise component for ETFs within cap, RBI

RBI cautious on raising overseas equity limits via mutual funds for risk management. $7bn stock limit, $1bn ETF limit. Indian mutual funds navigating tight regulations, eye international diversification.

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Services inflation to stay muted for now; but a pickup is not far away

India’s services inflation expected to remain subdued, with a potential increase later. The industry may experience a surge in various costs, reflecting the country’s complex economic recovery and differing opinions on future trends.

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Adani Ports to buy 95% of Odisha’s Gopalpur Port for $162 million

Adani Ports will purchase a 56% stake in Gopalpur Port from real-estate conglomerate Shapoorji Pallonji Group (SP Group) and a 39% stake from Orissa Stevedores.

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US markets open the shortened week in red; GIFT Nifty up

US markets continue their decline while the European markets trade mixed. The Asian markets fell. The Indian markets remained closed for Holi and Crude shifted to positive territory

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Trade setup for Tuesday: 15 things to know before opening bell

Based on the OI percentage, a total of 86 stocks were on the short-covering list. These included MM Financial Services, IDFC First Bank, Laurus Labs, UPL, and Indraprastha Gas.

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  • Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest

    Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.

  • 8th Pay Commission: UP employee unions seek dialogue with commission on pay revision and service conditions

    UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.

  • Dearness Allowance: Here's the formula used to calculate your DA hike, explained

    Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how…

  • RBI mis-selling rules explained: Tricked into buying a financial product? Here's how you can get your money back

    Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.

  • EPFO 3.0 explained: How the new PF withdrawal process differs from the existing one | A detailed comparison

    EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

  • Retiree claimed tax exemption on ₹19 lakh leave encashment, got a tax notice instead; here's what happened next

    A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on ₹19.06 lakh leave encashment. Details here.

  • RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms

    The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.

  • Made a mistake in your tax return? Here's how to correct it even after receiving a refund

    Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

  • Can investing in an under construction property help you save capital gains tax? Check Section 54 rules

    Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines

  • Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind

    When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.

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