Banking And Finance

2008 housing crash fears resurfaces — but can buyers really follow Dave Ramsey’s 25% mortgage rule in 2026?

Are we looking at another crash? Many Americans, who have lived through 2008 market collapse, are increasingly growing uncomfortable amid a steady stream of headlines warning of a possible downturn.…

DA: Highest Dearness Allowance increase of 11% was in 2021 in the 7th CPC — Here’s how much hikes have been announced

Dearness Allowance for central government employees and pensioners (including railways and defence personnel) has been hiked from 58% of Basic Pay to 60%, with effect from January, the Finance Ministry…

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,…

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

Dollar Industries founder Dindayal Gupta passes away at 88

Dindayal Gupta, founder and chairman emeritus of hosiery major Dollar Industries Limited, died on Saturday due to age-related ailments, a statement said. He was 88. Gupta is survived by his…

Swiggy elevates Swapnil Bajpai as CEO of Dineout, Scenes to scale ‘going-out’ play

Swiggy has appointed Swapnil Bajpai as Chief Executive Officer of its Dineout and Scenes businesses, handing a company veteran the mandate to scale its dining-out and experiences verticals as competition…

Netweb Technologies Q4 results: Revenue leaps 90%, profit after tax jumps to ₹706 million, up 66% YoY — Key highlights

Netweb Technologies, a product and solution provider for companies including AMD, Intel, Nvidia and Samsung, has announced its Q4 results for FY26 today on 2 May. Revenue from Operations stood…

AI risks keep me up at night, says Kotak Bank CEO

MUMBAI: Rapid advances in artificial intelligence (AI), including tools like Claude and emerging systems such as Mythos, are reshaping how banks assess cybersecurity risks, with the speed and scale of…
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Axis

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