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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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Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns

According to government data released on Friday, gross GST revenue for the month reached a record Rs 2.43 lakh crore, registering an 8.7% increase over Rs 2.23 lakh crore collected in April last year.

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To hit $30 trillion mark by 2047, India needs 12% growth: Chief Economic Advisor V Nageswaran

Chief Economic Advisor V Anantha Nageswaran said India can reach a $30 trillion economy by 2047 if it achieves around 12% annual growth in dollar terms and strengthens its capabilities in technology and frontier research.

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The rupee at record low will end India’s cheap-money era

Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a preference for a pause, the central bank may be forced to tighten monetary policy to…

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Bajaj Auto board to consider share buyback on May 6

Bajaj Auto’s board will meet on May 6 to consider a share buyback. This move signals another capital return to shareholders. The company has a strong cash position. The details of the buyback will be announced after the meeting. The…

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News

  • PF withdrawal done, pension forgotten? Why your EPS service record still needs to be transferred and how to do it

    Many employees mistakenly assume that their EPS service history transfers automatically after withdrawing their EPF balance. However, EPS operates separately. Here's why it's important to make a transfer and how to do it.

  • What life insurers actually pay for

    Insurance is sold as protection against death, but the industry's own numbers tell a different story

  • Planning to buy Apple iPhone 18 Pro on 'No-Cost EMI'? Is your smartphone purchase an invisible debt trap?

    Purchasing items with no-cost EMI can seem appealing, but it may hide costs such as processing fees and interest charges. A comparison of total costs is crucial.

  • EPFO: Outdated details, errors — Top reasons your employees' provident fund claims could be rejected, explained

    The EPF allows full or partial withdrawals under certain conditions. Members can claim for emergencies, education, housing, and more. In case your claim is being rejected, check what key information or mistakes you may have to rectify… 

  • Are you planning your retirement correctly? Tax free, govt security—research explains key reasons why Indians prefer NPS

    HDFC Pension Fund Management’s ‘NPS Preference Index Study 2026’ revealed that preference for the National Pension Scheme among Indians has increased, driven by improved consideration, familiarity, and appeal. 

  • ‘Less exciting long-term savings crucial for financial security in old age’: CEA encourages pension investment

    CEA Nageswaran urged Indians to prioritise long-term savings over short-term trading, highlighting the importance of pension assets for financial security. He noted pension assets are only 17% of GDP, significantly lower than OECD peers, indicating room for growth.

  • EPS: What to do if employer fails to make pension contribution

    EPFO says eligible employees can approach employer first, then file grievance online

  • The corporate insurance trap: Relying solely on your company’s health cover is a bad idea; here’s why

    Relying solely on corporate health insurance can expose families to risks, especially during job transitions or retirement. Check why.

  • UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered

    The Centre will soon implement Merchant Discount Rate (MDR) fees on specific UPI transactions. Today we answer what the UPI MDR charge means, the start date, slabs, and why this is being introduced now… 

  • 8th pay commission: Stakeholder meetings underway — Here are the key dates and FAQs answered

    The 8th Central Pay Commission is consulting stakeholders to discuss possible revisions. Chaired by former SC Justice Ranjana Prakash Desai, it will benefit over 1 crore government employees and pensioners, with final recommendations expected by May 2027.

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