For workers in Delhi-NCR, Mumbai, Bengaluru, Hyderabad and Pune, a salary of ₹70,000 to ₹1.4 lakh a month may be needed to cover living costs and still save 20% to 30%. For young professionals landing jobs in Delhi, Mumbai, Bengaluru,…
Indian equities rebounded after two losing sessions as a strong TCS earnings report, gains in technology stocks and softer crude prices helped the Sensex climb 879 points and the Nifty reclaim 22,500. Indian shares staged a sharp recovery on Friday,…
Renewed shipping and supply disruption fears have pushed Brent crude above $110 a barrel, threatening to raise transport and household costs in import-dependent India. Brent crude has climbed back above $110 a barrel, reviving fears of higher fuel costs and…
First-time EPFO members must now activate their Universal Account Number through the UMANG app using Aadhaar-linked face authentication, while existing users can continue managing accounts through the Member e-Sewa portal. The Employees’ Provident Fund Organisation’s Member e-Sewa portal remains the…
India has expanded the activities covered by its money-laundering rules, forcing crypto exchanges, custodians and other virtual-asset providers to undertake wider ownership checks, monitoring and reporting. India has widened its anti-money-laundering net around cryptocurrency and other virtual digital assets, bringing…
The SBI Cashback Card offers 5% cashback on eligible online spending and statement-credit redemption, but differing reports of its cashback limits mean applicants should check the latest official terms. Managing reward cards in India can feel needlessly complicated, with issuers…
Tech Mahindra shares rose as much as 7% after a 32.7% jump in quarterly profit, a ₹15 interim dividend and board approval for a 1:1 bonus issue. Tech Mahindra shares jumped on Friday after the Indian technology services company reported…
Governor Sanjay Malhotra says individuals will not have to report private imports, exports or foreign currency spending, while banks will handle filings for smaller exporters. The Reserve Bank of India has moved to calm fears that its new foreign exchange…
The Barnala commission said the bank failed to show that it had properly investigated the disputed payment or tried to recover the money after the customer reported it. A Punjab consumer commission has ordered a bank to return Rs 3…
With headline rate changes largely settled, India’s GST Council is turning to blocked input tax credits, delayed refunds, registration hurdles and inconsistent audits to reduce costs for businesses. India’s Goods and Services Tax Council is set to use its latest…
