Blog - Advisors India

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India weighs induction cooktop subsidy amid Iran war energy crisis

India is exploring incentives for induction cooktops. This move aims to transition households from LPG to solar electricity. The government is discussing support under the PM Suryaghar Muft Bijli Yojana. This initiative seeks to boost the adoption of electric cooking.…

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MoSPI proposes Index of Service Production with 2024-25 as base year

The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector using GST data, with 2024–25 as the base year. The index will track key service segments such as trade, transport,…

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Heatwave spurs surge in AC, beverage, ice cream output in India

Soaring temperatures have triggered a sharp demand rebound for ACs, beverages, and ice cream, with companies boosting output after a 50% sales surge, despite price hikes and supply chain challenges.

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Heatwave impact: India Inc adopts WFH, safety steps

Companies like Mercedes-Benz, NoBroker.com and Savills India are offering work-from-home options, while delivery players like Eternal Group are equipping dark stores with air coolers and water dispensers and distributing glucose sachets to ensure delivery partners’ health and well-being.

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CCI approves acquisition of certain equity share capital of Avendus Capital by Mizuho Securities

Mizuho Securities is a subsidiary of the Japan-based Mizuho Financial Group and intends to acquire equity stakes in Avendus Capital.

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AU Small Finance Bank appoints Gaurav Jain as CFO

AU Small Finance Bank has appointed Gaurav Jain as its Chief Financial Officer. This appointment is effective April 27, 2026. Jain previously served as the bank’s Interim CFO. He brings extensive global experience in finance and leadership. The bank is…

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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.