Anupam Mittal’s Twice-A-Month Salary Idea Starts Fresh Payroll Debate In India Anupam Mittal’s suggestion to pay salaries twice a month has triggered debate over employee cash flow, financial stress, and payroll challenges in India. Anupam Mittal’s suggestion that Indian companies should consider paying salaries twice a month has started a fresh debate on how employees receive their monthly income. The idea sounds simple. Instead of waiti

Why Sensex And Nifty Closed Lower Today Sensex and Nifty ended lower as IT stocks fell sharply, crude oil moved near $100, and investors watched rupee weakness and RBI policy cues. Sensex Ends Lower After Volatile Session Indian stock markets closed lower on Wednesday after a volatile trading session. The Sensex ended 303 points lower, while the Nifty also finished in

Key June Financial Updates Consumers Should Know June has brought a fresh set of money-related changes that may affect households, taxpayers, small businesses and digital payment users. From commercial LPG rates to UPI security checks, these updates can impact monthly budgets and financial planning. LPG Price Hike Hits Businesses Commercial LPG cylinder prices have incr

Tamil Nadu CM Vijay Hikes DA By 2% For Government Employees   Over 16 Lakh Employees And Pensioners To Benefit Tamil Nadu Chief Minister Vijay has announced a 2% Dearness Allowance hike for government employees, teachers, and pensioners, increasing the DA from 58% to 60% with effect from January 1, 2026. The Tamil Nadu DA hike 2026 is expected to benefit nearly 16 lakh empl

8th Pay Commission Update: Deadline Not Extended, Submissions Open Till May 31   The 8th Pay Commission has begun an important phase of consultations starting April 28, 2026, with discussions continuing until April 30. As of April 29, the second day of meetings is underway, where employee unions and associations are actively presenting their demands related to salaries, allowances, and service conditions. These three-day consultation sessions are consider

May 1, 2026 | India: RBI Moves 104 Tonnes of Gold to Domestic Vaults in H2 FY26, Boosts Local Holdings The Reserve Bank of India (RBI) has significantly increased the share of its gold reserves held within the country, transferring around 104 tonnes to domestic vaults during the second half of FY26. The move is part of a broader strategy to

May 1, 2026 | India: LPG Price Hike as Commercial Cylinder Rates Surge; Check City-Wise Prices   The price of commercial LPG cylinders has surged across India since May 1, 2026, impacting businesses that rely heavily on cooking gas. Oil marketing companies have increased the cost of a 19 kg commercial cylinder by ₹993, marking

Indian nationals living in the United Arab Emirates will soon face stricter requirements when applying for a Permanent Account Number (PAN) card or updating existing details. From April 1, 2026, Aadhaar alone will no longer be sufficient for PAN applications, and additional supporting documents will be required. The change is part of revised rules und

Nirmala Sitharaman has raised concerns over potential cybersecurity risks to India’s banking sector from advanced artificial intelligence systems, including models developed by Anthropic. The issue was discussed during a high-level meeting with bank heads and key stakeholders. Officials noted that such AI systems are capable of identifying deep vulnerabilities in digital infrastructure, raising fears that they could be misused for cyberattacks if accessed by malicious actors. The government described the emerging threat landscape as increasingly complex, calling for heightened vigilance and stronger preparedness across financial institutions. To address these risks, banks have been advised to strengthen cybersecurity frameworks and adopt proactive measures to safeguard customer data and critical systems. The finance ministry has also recommended establishing robust mechanisms for real-time threat intelligence sharing among banks and relevant agencies. Authorities are working on a coordinated institutional response to ensure faster detection and mitigation of cyber threats. Banks have been urged to collaborate closely with cybersecurity experts and government bodies to enhance resilience against evolving risks. The development comes amid growing global scrutiny of advanced AI technologies and their cybersecurity implications, as financial systems become more digitised and interconnected.

After years of delay, the IPO of the National Stock Exchange (NSE) appears to be back on track as a key regulatory hurdle has been cleared. The development follows approval from an expert panel of the Securities and Exchange Board of India

Union Finance Minister Nirmala Sitharaman on Monday announced that four special Lok Adalats will be conducted in 2026 to expedite the disposal of pending cases before the Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs). A significant number of these cases involve high-value claims exceeding ₹100 crore and have remained unresolved for an extended period, prompting the government to take steps to accelerate the judicial process. Responding in the Lok Sab

The middle class, once seen as the backbone of society, is now facing a crucial dilemma: Should they focus on looking rich or becoming rich? Shyam Achuthan, Founder and CEO, sheds light on this growing divide between those who prioritize appearances and those who focus on long-term financial stability. The Struggle for Appearances vs. Financial Stability Achuthan points out that many people are trapped in a cycle of borrowing to maintain a facade of wealth