HDFC Bank, India’s leading private bank, announced a blockbuster Q2 FY26 on 18th October, with net profits soaring 10.8% year-on-year to ₹18,641 crore. This leap from ₹16,821 crore last year speaks volumes about the bank turning a challenge into a victory post-merger. Total revenue shot up by 10.3% to ₹45,900 crore, echoing the loud statement … Read more
Do you want to get monthly pocket money without any roller coaster ride in the stock market? The Post Office Monthly Income Scheme (POMIS) is the safe and fixed-return route to India. This Deemed Govenment bond was launched along time ago, however, it has been supercharged for 2025. Park your money for a fixed term … Read more
Picture a safety net that does not cost you anything but helps your family out during difficult times. The Employees’ Deposit Linked Insurance (EDLI) scheme under the Employees’ Provident Fund (EPF) is just that. If you are an EPF member, you are automatically covered for life insurance for a maximum of ₹7 lakh. Your family … Read more
In a groundbreaking ruling, the Indian Supreme Court has given the green light to the hike in the minimum monthly pension under the Employees’ Pension Scheme (EPS) – 95. The eligible pensioners will start receiving ₹7,500 per month plus Dearness Allowance (DA) from January 1, 2025. The much-awaited decision has come as good news for … Read more
Government staff and pensioners are looking forward to a new beginning thanks to the 8th Pay Commission which will bring a salary revision after a long ten years. The Union Cabinet’s decision on January 17, 2025, to implement the change hopes to soften the effect of inflation on 49 lakh employees and 65 lakh pensioners. … Read more
The Reserve Bank of India (RBI) in 2025 has made a distinct announcement regarding old currency notes particularly the widely circulated denomination of ₹500. The bank has still not taken up the case of discontinuing the ₹500 notes as stated in the misleading social media posts and thus the bills remain as good as money … Read more
The Government of India has brought about major alterations in banking laws by enacting the Banking Laws (Amendment) Act, 2025, which will be effective from November 1, 2025. Among other things, the changes will make it easier to nominate, claim, and protect depositors in all banks. Maximum of Four Nominees The most important change made … Read more
The PM Free Laptop Scheme 2025, which the Government of India has implemented, is designed for those students who have passed Classes 10 and 12 and it is a part of the digital education support program. Bridging the digital divide and providing students from economically weaker backgrounds with online learning tools and resources are the … Read more
With the announcement of changes by the Government of India to PPF withdrawal rules in 2025, the process is made even more efficient and user-friendly. The new rules will set eligibility guidelines, streamline documentation, and improve the digital interface, thus benefiting millions of account holders spanning all regions of India. PPF And Why It Matters … Read more
The year 2025 was a significant one for the EPFO and the Government of India because it involved a big reform in the Employees’ Pension Scheme (EPS)-95 excitedly awaited by more than 6 million pensioners. The most significant feature of these reforms is a change which promises retirement benefits to the minimum wage of ₹1,000 … Read more