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Unemployment reduced from 6 pc to 3.2 pc in 6 years, inflation at record low: FM Sitharaman

Finance Minister Nirmala Sitharaman informed Parliament on Monday that the government has undertaken a series of measures to reduce the unemployment rate in the country from 6 per cent to 3.2 per cent in the six years and bring down…

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India houses more than half of the world’s GCCs: Report

India, home to 53% of global GCCs, is witnessing a surge in these centers, driven by competitive costs and a skilled workforce. While Tier-1 cities dominate, Tier-2 cities are gaining traction, supported by government initiatives. The number of GCCs in…

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Indian financial services record 79 transactions in Q2 2025 at USD 5.6 bn

The Indian finance sector accounted for 14% of the overall deal volumes, and 33% of total values from April to June in 2025. The sector recorded 79 deals worth USD 5.6 billion in Q2, with private equity activity surging and…

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Pralhad Joshi eyes stricter steps to curb dark patterns in e-commerce

Union Minister of Consumer Affairs Pralhad Joshi on Sunday chaired a meeting with senior officials to review the issue of dark patterns impacting digital consumers.

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Centre keeps close watch on capex as private investment falls

Amidst a backdrop of caution in private investment, shaped by global shifts including US tariffs, the government is taking proactive steps to monitor and boost capital expenditure.

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Karnataka: Small vegetable vendor receives GST notice of RS 29 lakh

A vegetable seller in Karnataka received a hefty GST notice of Rs 29 lakh, despite dealing primarily in fresh, untaxed produce. This has fueled a shift back to cash transactions among small vendors in Bengaluru, fearing increased scrutiny from the…

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DA hike for employees under 5th, 6th Pay Commissions: Key details from Finance Ministry orders on Dearness Allowance
Ministry of Finance: The government has revised the Dearness Allowance for government employees continuing under the 5th and 6th Pay Commissions, effective 1 July 2026. Here are the revised DA rates, eligibility details, and the impact of the increase on monthly payouts.
Gold and silver price today, Oct 30: Check retail rates of 24K, 22K gold and 999 silver ahead of Dhanteras, Diwali
Gold and silver futures declined modestly on October 30, with MCX gold at ₹142,351 per 10 grams and silver at ₹1,88,943 per kg. Retail prices varied across major Indian cities, while jewellers may add making charges, taxes and GST.
SGB 2019-20 Series VI premature redemption today: Investors to earn up to 275% gains; check RBI fixed price
Sovereign Gold Bonds: RBI has fixed the premature redemption price of SGB 2019-20 Series VI at ₹14,213 per gram. Investors who purchased the bonds at the original issue price can earn capital gains of up to 275%, excluding interest and taxes.
RBI raises Floating Rate Bond 2034 interest rate by 81 basis points; check revised rate for October 2026–April 2027
The RBI has raised the interest rate on the Government of India Floating Rate Bond 2034 for the six-month period from 30 October 2026 to 29 April 2027 by 81 basis points. Here's what the revised rate means for investors and how the bond works.
Income tax: Can your business income be clubbed with your husband’s? ITAT ruling offers relief to woman
ITAT ruled in favour of a woman whose timber business was treated as her husband’s family firm by the Income Tax Department. The tribunal found insufficient evidence linking the two businesses, highlighting the importance of proving ownership in tax disputes.
India's HNI term insurance bookings double since 2023; younger buyers drive growth, shows new report
Term insurance bookings among high-net-worth individuals have doubled since April 2023, while average coverage has risen 30%, Policybazaar data shows. Details here.
Financial planning beyond mutual funds: 6 checks every investor should review annually to secure long-term goals
Financial planning goes beyond mutual funds. A 1 Finance report identifies six areas investors should review annually: estate planning, loans, investments, income and expenses, insurance, and tax. These checks can help protect wealth and keep long-term goals on track.
DA hike news: 10-year growth - How central govt dearness allowance rate rose from 2% in 2016 to 63% in 2026 | Explained
Central government employees' dearness allowance rose to 63% of basic pay in 2026 after a three-percentage-point increase. Here's a look at the allowance's growth over the past 10 years.
EPFO plans to invest 3% of fresh inflows in startups and AIFs, five years after approval: What you need to know
EPFO is drawing up guidelines to invest up to 3% of fresh annual inflows in startups and alternative investment funds (AIFs), five years after government approval. The proposal is expected to go before its board in November.
Flat possession delayed for nearly 10 years? Consumer court orders builder to refund ₹45 lakh with 9% interest
A Mumbai consumer commission has ordered a developer to refund ₹45.45 lakh to a homebuyer who waited nearly a decade for a Panvel flat, with 9% annual interest taking the payout to ₹86.37 lakh. However, it rejected his claim for ₹5.23 lakh in home loan interest.