The 8th Pay Commission will conduct state visits in October to meet with employee and pensioner representatives and stakeholders to discuss recommendations for over 1 crore beneficiaries. It is expected to be announced by May 2027.
Festive-season borrowing can add to existing debt stress. A survey found that 60% of borrowers have EMIs that are near or exceed their family income, while 40% use new loans or credit cards to manage existing EMIs. Here’s what to check before borrowing.
The Delhi government plans to consult with the labour department regarding striking DTC drivers’ salaries. They have threatened ‘kaam bandh’ on September 28 if demands such as DA and contract workers regularisation is not met.
A UK Will and a separate Indian Will can work together, but only if their scope, revocation clauses, executors and assets are carefully co-ordinated to avoid overlaps or gaps.
Motilal Oswal Nasdaq Q50 ETF crashed 20% on 22 September and lost about 46% from its peak in two sessions after trading at a nearly 235% premium to its NAV. Experts explain how supply constraints and strong demand pushed the ETF far above its underlying value.
Dinesh Thakkar, founder of one of India’s biggest retail stockbrokers, Angel One, has bought a luxury residential tower in Mumbai for ₹711 crore, marking the most expensive known purchase of a single residential unit in the country, as per Bloomberg.
If you’re invested in Nifty 50 index funds, REITs could offer a different asset exposure. Their positive returns and higher distributions over the past year highlight how REITs could add diversification to an equity-heavy mutual fund portfolio.
The Finance Ministry reportedly called for a meeting with CEOs of public sector banks and regional rural banks today, to discuss measures to ensure smooth continuity of bank operations and essential customers services during the UFBU’s 3-day national strike.
With the rise of AYUSH health insurance in India, Ayurveda treatment is becoming more accessible. Medical necessity and recognised hospitals are key for claims while inpatient care is typically covered.
Income Plus Arbitrage FoFs combine debt and arbitrage exposure through underlying mutual fund schemes. Here’s a look at the top five performers by 1-year returns and what the category’s portfolio mix looks like.
