Official figures for 2024–25 show registered manufacturing employment rose 7.19% to about 21 million, while workforce payments climbed 12.08%. India’s registered manufacturing sector recorded higher output, employment and wages in 2024–25, according to results released by the Ministry of Statistics…
A Gadag consumer commission ordered postal authorities to repay Lalitha Rs 1 lakh with interest, finding that a postmaster’s signed and stamped receipts supported her claim despite missing ledger records. A consumer commission in Karnataka has ordered postal authorities to…
Using EPF savings to pay down a mortgage can reduce interest or monthly instalments, but borrowers should weigh the immediate relief against lost investment growth, check current eligibility and keep an emergency reserve. An Employees’ Provident Fund withdrawal can help…
The industry body wants interest and penalties waived and disputed duties cut according to the age and stage of cases, alongside wider tax changes to ease business costs. The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is urging…
The Nifty IT index fell 2% as global concerns over AI regulation and infrastructure spending stoked doubts about client budgets and the sector’s earnings outlook. The Nifty IT index fell 2% on Wednesday, with nine of its 10 constituents losing…
The new wholly owned company will work across AI, blockchain and digital public infrastructure, with longtime NPCI executive Vishal Kanvaty appointed managing director and chief executive. The National Payments Corporation of India has created NPCI Tech Solutions Limited as a…
Processing fees, add-ons and early-repayment penalties can push up the cost of festive-season car finance. Compare the annual percentage rate and total amount repayable, not just the advertised instalment. Festive-season car offers can make borrowing look straightforward, but the advertised…
Taxpayers can check their linking status on the Income Tax Department’s e-filing portal without signing in. Here’s how to submit a request, address common problems and understand the possible consequences of an inoperative PAN. Taxpayers in India can check whether…
NUCFDC and UIDAI briefed lenders on using Aadhaar authentication for customer onboarding and due diligence, as efforts to extend digital identity services across India’s cooperative banking sector gather pace. The National Urban Cooperative Finance and Development Corporation and the Unique…
The lender identified 3,897 customer records in a larger dataset posted online and is reviewing vulnerabilities as it investigates the breach. State Bank of India is stepping up its defences after a cyberattack exposed the personal details of thousands of…
