The 8th Pay Commission has received a demand for a 3.83 fitment factor from the All India Federation of Pensioners Association (AIFPA) during its recently concluded consultation meetings in Chennai,…
Category: Banking And Finance
BRICS finance ministers discuss possibility of efficient cross-border payment mechanisms
New Delhi: Finance ministers and central bank governors of countries have discussed the possibility of efficient . “We acknowledge the efforts of the (BPTF) towards exploring pragmatic solutions for efficient…
Need ₹2 lakh urgently? Here’s what experts say is cheaper: Personal loan, savings or credit card
An urgent requirement of ₹2 lakh can arise suddenly due to medical expenses, accidents, home repairs, educational needs or other unforeseen financial emergencies. While adequate savings can help individuals avoid…
8th Pay Commission: How Level 6 basic salary may double in 7 years after DA merger; calculations explained
The 8th Pay Commission, headed by Justice Ranjana Prakash Desai, recently concluded its meeting in Puducherry on 9 September. The next meetings will be held in Chandigarh on 16, 17…
Does frequent buying and selling hurt returns? Coffee Can Investing fame Saurabh Mukherjea answers in Mint Extraclass
Many investors buy and sell stocks over short periods, trying to capture market opportunities and maximize their returns. However, frequent portfolio activity does not always improve performance and may even…
Two months of red: Large-cap outflows deepen after 6-month inflow streak — what should investors do?
Large-cap mutual funds witnessed net outflows for the second consecutive month in August 2026, even as the category recorded net inflows during the first six months of the year. Meanwhile,…
AI alone won’t close India’s insurance gap as NITI Aayog seeks industry help to reach the ‘missing middle’
Artificial intelligence may help insurers reach more Indians, but technology alone will not close the country’s insurance gap, with government and private players needing to work together to bring the…
New-age industries fuelling India’s capex cycle, says SBI chief
Corporate spending on large infrastructure projects is picking up in India, with new-age sectors such as , and emerging as important drivers of credit demand, Ashwini Kumar Tewari, managing director…
Section 87A rebate on STCG: ITAT ruling offers relief to taxpayers under new tax regime for AY 2025-26
In a recent ruling, the Delhi Income Tax Appellate Tribunal (ITAT) ruled in favour of a taxpayer who was initially denied a Section 87A rebate on short-term capital gains (STCG)…
Banking services hit as unions strike for five-day workweek
Banking services, particularly at , were affected across India on Friday after the (UFBU) called a nationwide strike seeking the immediate implementation of a five-day workweek and resolution of pending…