Friday , November 6 2026

Business

Wage Ceiling Hike to ₹25,000 a ‘Win-Win Situation’, Expands Social Security Net: Labour Secretary

In a significant endorsement of India’s evolving social welfare architecture, Union Labour and Employment Secretary Chandra Bhushan Kumar termed the upward revision of the statutory wage ceiling to ₹25,000 a “win-win situation” for both employers and the working class. Speaking at the National Conference on Industrial Relations and Labour 2026 …

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India Secured Energy Supplies Unbroken Despite Geopolitical Crises, Asserts Hardeep Puri

Amid turbulent geopolitical headwinds, volatile maritime routes, and escalating regional conflicts, India has successfully maintained an uninterrupted flow of vital energy supplies without triggering domestic shortages or extreme price spikes. Addressing industry leaders and international stakeholders, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri asserted that India’s proactive, …

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India’s Industrial Growth Surges to 8% in August, Propelled by Resilient Manufacturing Sector

India’s economic engines fired on all cylinders through August as the country’s industrial production witnessed an impressive revival, registering a sharp 8% expansion year-on-year. Driven by an aggressive rebound across core manufacturing segments and sustained domestic consumption ahead of the peak festive quarter, the latest Index of Industrial Production (IIP) …

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Monika Halan Backs IRDAI Overhaul, Demands 6-Month Hard Deadline to Halt Insurance Mis-Selling

Noted financial educator and author Monika Halan has strongly welcomed the sweeping regulatory reforms proposed by the Insurance Regulatory and Development Authority of India (IRDAI), while sounding a vital caution over its implementation timelines. Responding to the regulator’s consultation paper on “Recalibrating Economics of Insurance Distribution,” Halan emphasized that persistent …

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Credit Shift: Personal Loans Set to Overtake Gold Loans as India’s Fastest-Growing Segment

India’s retail lending market is preparing for a significant transition as unsecured personal loans regain sharp momentum and position themselves to overtake gold loans as the fastest-growing credit category. Following a prolonged two-year consolidation driven by regulatory tightening and borrower leverage scrutiny, personal lending is staging an aggressive comeback. A …

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DA Hike 2026: Over 1.2 Crore Central Government Employees and Pensioners Await July DA/DR Announcement

With the festive season approaching, over 1.2 crore central government employees and pensioners are eagerly awaiting the announcement of the next round of Dearness Allowance (DA) and Dearness Relief (DR), effective retrospectively from July 1, 2026. To avoid prolonged delays, the Confederation of Central Government Employees and Workers has submitted …

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EPF Interest Not Credited Yet? Here Is How to Verify Your PF Balance and Status

Millions of formal sector employees track the annual credit of provident fund interest to evaluate their retirement savings growth. If your monthly contributions are updated but the interest credit for the financial year does not yet reflect in your statement, there is no reason to panic. The Employees’ Provident Fund …

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Sensex, Nifty Rebound as Crude Oil Stabilises Around $100 Mark; Metal and Financial Stocks Lead Market Rally

Indian benchmark equity indices staged a solid recovery on Wednesday as investor sentiment received a much-needed boost from steadying crude oil prices and positive Asian market cues. Easing concerns over energy inflation, coupled with reports of potential diplomatic progress between the United States and Iran, encouraged aggressive buying across domestic …

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RBI Absorbs ₹75,026 Crore via Overnight VRRR Auction to Drain Persistent Banking System Surplus

The Reserve Bank of India (RBI) absorbed ₹75,026 crore from the domestic banking system through an overnight Variable Rate Reverse Repo (VRRR) auction to manage elevated surplus liquidity and keep short-term money market rates closely aligned with the benchmark policy repo rate. The operation witnessed heavy participation from commercial lenders …

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NSE IPO GMP Slides to ₹43 Ahead of Listing, Signaling Modest Debut Gains on BSE Debut

The unofficial grey market premium (GMP) for the landmark Initial Public Offering (IPO) of the National Stock Exchange of India (NSE) has tumbled sharply to ₹43 per share. Ahead of its highly anticipated stock market debut on the Bombay Stock Exchange (BSE), the latest grey market activity suggests an estimated …

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