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CSR spends by NSE-listed firms jump 23% to Rs 22,212 crore in FY25: PrimeInfobase

Corporate Social Responsibility (CSR) spending by companies listed on the NSE main board rose sharply by 23 per cent to Rs 22,212 crore in 2024-25, compared to Rs 18,011 crore in the previous financial year, according to a report by…

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Alcohol-in-Beverage-based duty structure will help revenue maximisation goal of Karnataka: BAI

The new draft notification by the Karnataka government, having sweeping excise reforms in the Alcohol-in-Beverage (AIB)-based duty structure, will help “revenue maximisation goal” of the state, the Brewers Association of India (BAI) has said. BAI said the Karnataka Excise (Excise…

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Cabinet approves ₹12,980 crore sovereign-backed maritime insurance pool

The move aims to strengthen maritime trade resilience, reduce reliance on foreign insurers, and safeguard shipping operations amid rising global uncertainties.

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Iran not planning to attend talks with US in Pakistan

Iran is not currently planning to attend talks with the United States, state media said, after President Donald Trump ordered US negotiators to travel to Pakistan on Monday, just days before a ceasefire in the Middle East expires. Iran and…

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NFRA flags audit evidence gaps weak ECL validation and ineffective EQCR reviews at BSR Affiliates Network

Inspection finds inadequate documentation independence lapses and inconsistent quality controls across BSR network firms firms say remediation underway.

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India’s consumer sector sees funding dip but deal activity surges in FY26

Indian consumer sector investment declined in FY26. Investors are now favoring smaller, diversified deals over large bets. Deal volume, however, increased significantly. This indicates a market shift towards sustainable growth and operational discipline. Mega deals are absent, but early-stage funding…

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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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