Banking And Finance
8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?
Constituted by the Centre every 10 years to revise the allowances, pay and pensions of its employees, the Central Pay Commission (CPC) is responsible for decisions on contributions, retirement benefits…
Bank deposit risk explained: What happens to your money if a lender fails to return it?
Bank deposits are often considered one of the safest places to park money, especially for those seeking stability and assured returns. However, in the rare event of a bank failure,…
India notifies 100% foreign investment in insurance sector, LIC limit stays at 20%
The central government on Saturday notified 100% Foreign Direct Investment () in companies under the automatic route, allowing greater participation from foreign investors, reported ET Now, citing agencies. () will…
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) remain a popular investment choice for investors seeking stable and predictable returns. As of May 2026, major banks in India are offering interest rates of up to…
Market
CDSL Q4 profit slips to ₹80 cr, demat accounts cross 18 cr
Central Depository Services (India) Ltd on Saturday said its consolidated net profit stood at ₹80 crore in the March quarter of 2025-26 against ₹100 crore in the year-ago period. Total…
Exit polls may lift markets briefly, but oil remains key risk for equities
Indian equity markets may get a short-lived sentiment boost from signs of political continuity emerging from the recent State election exit polls, even as global oil prices and domestic macro…
FPIs pull out ₹13,944 crore in holiday-shortened week, equities hit hardest
Foreign portfolio investors (FPIs) remained net sellers in Indian markets for the shortened trading week ending April 30, 2026, pulling out a total of ₹13,944.59 crore across equity, debt, hybrid,…
Specialised investment funds see rapid growth, attract beyond top 30 cities
The Specialised Investment Fund, introduced recently by the market regulator SEBI for sophisticated investors, is fast catching on, with 50 per cent participation from smaller cities (beyond the top 30).…
Market
Electric bus sales up 19% in Jan–Apr; JSW entry signals new capacity as April sales see dips
India’s electric bus market grew about 19 per cent year-on-year in the first four months of 2026, with registrations rising to around 1,868 units, compared with about 1,571 units in…
DMart FY26 growth steady, e-commerce weighs on margins
BENGALURU: Avenue Supermarts Ltd, operator of DMart, on Friday reported steady double-digit growth in FY26, even as intensifying competition from quick-commerce platforms continued to weigh on margins in its e-commerce…
Air India CEO search narrows to Singapore Air exec Kannan and insider Aggarwal, sources say
NEW DELHI, May 2 (Reuters) – Singapore Airlines executive Vinod Kannan and Air India’s commercial head Nipun Aggarwal are the two frontrunners to become the new CEO of Air India,…
TVS Motor records 7% YOY growth in sales in April, flags supply chain disruptions
Auto maker , recorded monthly sales of 473,970 units in April 2026 – a growth of seven per cent as against 443,716 units in the same month last year. TVS,…
Axis
