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Govt to release unemployment data every month starting May 15: Official

Starting May 15, the Indian government will begin releasing monthly unemployment data, replacing the current quarterly format. The first release will cover January to March. This move aims to improve data frequency and transparency.

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Abbott India appoints Maithilee Pathare Mistry as CFO

Abbott India has appointed Maithilee Pathare Mistry as Chief Financial Officer, effective May 6, 2025. A finance veteran with over 25 years of experience, she succeeds Sridhar Kadangode following his resignation in February.

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Iron out ‘reverse flipping’ kinks: Startups tell govt

Startup Policy Forum (SPF), an industry group representing over 50 new-age companies, in a communication to the Ministry of Corporate Affairs (MCA), flagged significant delays and uncertainties many startups continue to face despite recent positive regulatory changes.

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Tariff deal talks to dominate IMF-World Bank meetings this week

IMF-WORLDBANK/ (PIX)Tariff deal talks to dominate IMF-World Bank meetings this week

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Alternate investment funds invest Rs 5 lakh crore in India in April-Dec, real estate leads

The real estate sector in India dominated alternate investment funds’ (AIFs) net investments, with Rs 73,903 crore in the nine months of FY25, a report showed on Monday.

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Gold futures continue stellar show; surge Rs 1,493 to breach Rs 96k-mark

Gold futures surged, breaching Rs 96,000 per 10 grams, fueled by global demand and US-China trade tensions. The rise was also supported by a weaker US dollar and safe-haven buying amid global uncertainty. Analysts suggest the bullish trend may continue…

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  • EPFO: Taxation rule on Voluntary Provident Fund — the ₹2.5 lakh VPF threshold, explained

    VPF allows employees to contribute more than the mandatory EPF rate for a larger retirement corpus. Contributions over ₹2.5 lakh face taxation on excess interest. VPF matches EPF's interest rate and qualifies for tax deductions under Section 80C, with specific withdrawal conditions.

  • ₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here's what ITAT ruled

    A Delhi taxpayer was denied a ₹17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.

  • Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases

    The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms — curb corruption and overcharging at these stores. Here's all we know…

  • HDFC Bank revises MCLR across tenures: Check latest lending rates and what they mean for your loan EMI

    HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

  • 8th pay commission: HRA revision, minimum monthly transport allowance, salary increase — Check top demands by AINPSEF

    8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.

  • Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy

    Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of ₹15,798 crore and has delivered an 18.77% return over the last three years.

  • DA hike: Kerala mulls 2% increase in Dearness Allowance by August for extra salary during Onam festivities

    DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.

  • Form 68 explained: Who should file the new exempt income statement, how it works, can it be revised — all FAQs answered

    The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.

  • What is the active share of a mutual fund

    Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.

  • Is a ₹35,000 monthly pension enough in Lucknow? Expert breaks down housing, healthcare, food and daily costs

    Stretching a ₹35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.

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