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Big relief for homebuyers: UP RERA caps builder fees on flat transfers, know how it will apply

Uttar Pradesh RERA has capped processing fees for flat transfers, offering significant relief to homeowners. Builders can now charge a maximum of Rs 1,000 for transfers to family members, including inheritance cases. For non-family transfers, the cap is set at…

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Private banks to see a higher rise in NPAs than public peers in FY27

Private banks anticipate a faster rise in bad loans by FY27 compared to public sector banks. This trend is driven by increased exposure to unsecured retail and MSME loans. Stress is growing in these segments, impacting the rural economy. The…

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IT firms redraw hiring strategies as GenZ moves on faster

About 35-40% of Gen Z hiring across the broader IT sector is now replacement-driven, up from 20-25% two years ago, while in IT services, 55-60% of entry-level hiring is now driven by replacements, experts said.

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Iran war: Indian alternative investment firms in Gulf stare at sea of uncertainty

Indian alternative investment firms are experiencing a slowdown in Gulf capital as regional conflicts make high-net-worth individuals and institutions more cautious. Fresh commitments have sharply decreased, prompting some fund managers to seek investors elsewhere and leading to a “vacuum” in…

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Vivek Gupta appointed CONCOR Director Finance CFO, brings 32 years experience

On April 21, 2026, Vivek Gupta officially steps into the role of Director (Finance) and CFO at CONCOR, bringing a wealth of expertise from his years with Indian Railways. Known for his impressive record in finance and his adept leadership,…

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Indian Institute of Accountancy? Early idea triggers debate on future of CA, CS, CMA education

The idea, first floated by a parliamentary panel, has gained fresh traction following media reports suggesting that the Ministry of Corporate Affairs (MCA) is considering a new body, tentatively called the Indian Institute of Accounting, which could oversee examinations and…

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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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