Banking And Finance

New EPFO Scheme: Will your employer contribute only Rs 1,800 to PF?

The government’s new EPF Scheme, 2026 has got many salaried employees talking. One question, in particular, keeps coming up: Will employers now stop matching higher Provident Fund (PF) contributions and…

Insurance regulator IRDAI plans overhaul of commission rules to curb mis-selling, sources say

MUMBAI: India’s insurance regulator is seeking to reform how ​distributors are paid in an effort to rein in mis-selling, and plans to propose commissions be paid out over the life…

5 hidden credit card fees that can quietly increase your borrowing costs

Your credit card can be one of the most meaningful and rewarding financial tools when utilised wisely. From lucrative cashbacks, reward points and other similar benefits to interest-free credit periods,…

EPS-2026 replaces EPS-95: Eligibility, membership rules, and withdrawal conditions explained

The central government has notified the Employees’ Pension Scheme (EPS), 2026, under the Code on Social Security, 2020, replacing the earlier EPS, 1971, and EPS, 1995. While the new framework…

Market

Aastha Spintex IPO listing date next week. Here’s what GMP signals about share debut

The equity shares of cotton bales manufacturer Aastha Spintex Ltd are set to make their debut on Dalal Street next week after its initial public offering (IPO) received strong demand…

Stock market today: Sensex gains 260 points, Nifty 50 ends above 24,250; IT, pharma shine

Stock market today: Market benchmarks, the Sensex and the Nifty 50, extended gains for the third consecutive session on Friday, 3 July, with IT and pharma stocks as the top…

Why did CG Power, Hitachi Energy, Apar Industries and other capital goods stocks crash up to 10% today? Explained

Shares of GE Vernova T&D India, Hitachi Energy India, Siemens Energy India, and other capital goods companies came under sharp selling pressure in Friday’s trade, falling as much as 10.5%,…

Expert view: See compelling opportunities in financials, energy, metals, says Sandeep Neema of PL Asset Management

Expert view: Sandeep Neema, Director and Fund Manager, PL Asset Management, sees compelling opportunities in financials, industrials, energy, and metals at the current juncture. He believes that the Indian stock…

Market

PM Modi to inaugurate CG Semi’s OSAT facility at Sanand on Saturday

Prime Minister Narendra Modi will inaugurate CG Semi’s ₹7,500-crore Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand on Saturday, marking the commencement of commercial production at one of India’s…

Nayara’s gasoline sold to Russia via traders, sources say

Traders have sold gasoline produced ‌by Indian refiner Nayara Energy to ​Russia, which is grappling with fuel ⁠shortages triggered by Ukrainian attacks on its energy infrastructure, two sources with direct…

HCLTech ends three-year mega-deal drought with $1.14 billion contract from European client

HCL Technologies Ltd bagged a $1.14 billion, five-year contract from a European Fortune 50 company, ending a three-year mega-deal drought for the country’s third-largest tech services firm. The deal assures…

Updated scale-based regulations for NBFCs: Tata Sons may be required to list

The Reserve Bank of India’s (RBI) updated regulatory framework for non-banking financial companies (NBFCs) does not materially alter the position of Tata Sons, which may still be required to list…
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Axis

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