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PFC, REC seek to help centre retain majority at low cost

Two primary options are being considered: issuing preference shares at ₹10 each, requiring an estimated ₹800 crore outlay, or subscribing to non-tradable bonds worth around ₹24,000 crore.

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Eighth Pay Panel may stay cautious on fitment factor

While the Commission hasn’t yet finalised its recommendations, early discussions suggest that the fitment factor could remain close to the 2.57 multiplier adopted by the Seventh Pay Commission, even as employee unions continue to push for a higher revision.

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AI levels the playing field as IT giants target mid-market game

​​With the disruption that artificial intelligence has brought, mid-market companies have now accelerated tech spending, creating scalable opportunities. The focus on the mid-market is also a result of a slowdown in deals in the traditional strongholds of America, as well…

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RBI draft directions open term money market to NBFCs, AIFIs and corporates to deepen liquidity

RBI has proposed opening the term money market to NBFCs, AIFIs and corporates and raising borrowing flexibility for primary dealers, as the central bank seeks to deepen liquidity and broaden participation in India’s short-term funding markets.

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Sebi seeks clarification from Jio Platforms on IPO filing

India’s capital markets regulator Sebi has requested clarifications from Jio Platforms regarding its draft IPO papers. This move signals a crucial step towards what is anticipated to be the nation’s largest public offering, aiming to raise approximately Rs 35,000 crore.…

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MSME hiring rises 25 pc in FY25; sales roles dominate demand: Report

According to a report by early-career talent platform Apna, hiring on the platform increased by 25 per cent in FY26 and continues to maintain momentum into FY27.

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  • 8th pay commission: Rent increase, no hike since 2017 — Here's why the NC-JCM is demanding HRA revision

    8th pay commission: Current house rent allowance rates were set in 2017 last, according to National Council – Joint Consultative Machinery. Here's why the NC-JCM has demanded that HRA be revised…

  • DA hike: Will implement 7th pay commission, bridge dearness allowance gap with Centre this fiscal, says West Bengal CM

    Dearness Allowance: West Bengal CM Suvendu Adhikari says his government aims to implement the 7th pay commission this fiscal and bridge the salary gap between its state and central government employees with a DA hike.

  • Can my father sell ancestral property without my consent?

    If your father inherited property from his father, can he sell or bequeath it without your consent? Here's what Hindu law says about ancestral property and coparcenary rights.

  • SOA vs demat account: Which option is better for mutual fund investors after SEBI's latest move?

    SEBI’s move to allow standing instructions for SWP and STP facilities on demat-held mutual fund units is a significant step towards improving investor convenience. While SOA may offer lower costs, demat provides consolidated portfolio management and a single nomination facility for investors. 

  • Talliki Vandanam scheme 2026: Beneficiary students get ₹13,000 benefit; here's how to check your payment status

    Beneficiaries under Andhra Pradesh's Talliki Vandanam scheme 2026 have begun receiving their ₹13,000 deposit in their accounts from today, 22 July. We explain the eligibility criteria, how to apply, and how you can check payment status.

  • Digital lending in India: How Aadhaar, payments and account aggregators are changing credit

    India's lending ecosystem has evolved through digital innovation and public-private partnerships, enhancing data sharing and analysis. 

  • Buying or investing in silver: Here's how silver ETFs, FoFs, jewellery and utensils are taxed

    The tax treatment of silver depends on the investment route and the holding period. While capital gains tax applies to ETFs, FoFs and physical silver, the purchase of physical silver also attracts GST.

  • How account aggregators are making credit more inclusive in India

    India's Account Aggregator framework enhances Open Finance by enabling secure, consent-based sharing of financial data.

  • No foreign equities: Why Bajaj AMC's Nimesh Chandan swears by India

    Home bias isn't a tactical call based on current market conditions but an investing philosophy Bajaj AMC's Nimesh Chandan has followed for years.

  • Sold inherited property at a loss? Check how to report capital loss in ITR-2 and save future tax

    Selling inherited property at a loss requires correct reporting in ITR-2. Understand capital loss calculation, carry-forward rules, documentation needs and tax filing steps to claim eligible benefits and stay compliant under the Income Tax Act.

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