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India's consumption stands its ground amid Gulf War tremors

West Asia War: India’s economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger car sales also saw a substantial increase. Digital transactions through UPI experienced significant growth. These positive indicators…

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Bharat Khera assumes charge as MSME Secretary

The 1995-batch IAS officer brings over three decades of administrative experience, including roles in defence, Cabinet Secretariat and state government, succeeding in the key policy position.

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RBI should reject Tata Sons application to deregister as a CIC: InGovern Research

Corporate governance firm InGovern Research Services urged the RBI to reject Tata Sons’ application to deregister as a Systemically Important CIC. The firm argues that regulatory changes and Tata Sons’ structural linkage to public funds via listed group entities make…

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RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil

Reserve Bank of India’s (RBI) proposed shift to an expected credit loss (ECL) framework could lead to a one-time net impact of up to 120 basis points (bps) on banks’ Common Equity Tier-1 (CET-1) ratios, though the overall credit profiles…

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NCLT approves Cigniti-Coforge amalgamation; preserves IT department's GAAR rights

The order was delivered on April 29, 2026, by Judicial member Khetrabasi Biswal and technical member Shishir Agarwal.

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Federal Bank appoints Manikandan M as CFO; Venkatraman Venkateswaran to continue as Executive Director

Private sector lender has appointed internal veteran Manikandan M as Chief Financial Officer effective May 1, 2026, succeeding Venkatraman Venkateswaran, who will continue in his role as Executive Director.

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News

  • 8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?

    8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process…

  • Bank deposit risk explained: What happens to your money if a lender fails to return it?

    Bank deposits are generally safe, but in case of bank failure, only ₹5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here. 

  • Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared

    Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.

  • Sovereign Gold Bonds: RBI announces redemption price for 2018 series payable on 4 May; here's how much you gain

    The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at ₹14,901 per unit, payable on 4 May 2026. Investors could see gains of nearly 386% from the issue price of ₹3,114 per unit.

  • Income tax: How much cash can you deposit to prepay home loan principal without attracting I-T notice?

    Income tax rules discourage cash transactions, limiting annual deposits to ₹10 lakh. Experts recommend using savings accounts for cash deposits

  • How to claim stuck NPS funds with interest? Step-by-step guide for subscribers

    Unclaimed National Pension System contributions can be retrieved through a mechanism specified by the Pension Fund Regulatory and Development Authority. Full details here.

  • Family floater vs separate policy: What’s best health insurance policy for your elderly parents?

    Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insured, medical history of family members, and family size 

  • PPF maturity rules: What investors should do when their account matures?

    As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here's what each option offers.

  • Estate planning: How is father’s property divided among sons and daughters? Can a sister claim her brother’s property?

    A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and Hindu Succession Act emphasise equal rights for daughters and sons in inheritance matters.

  • Why has my ₹90 lakh home loan's principal reduced by only ₹6 lakh despite paying 60 EMIs? I asked ChatGPT

    I asked ChatGPT why the principal of my ₹90 lakh home loan hasn't decreased much despite paying off ₹45 lakh via 60 EMIs. Here is what AI said.

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