With Dhanteras falling on November 6, digital payment platforms, investment apps and jewellery retailers have announced a range of offers on gold purchases. The deals include cashback on digital gold, additional gold credits on eligible transactions, and discounts on jewellery making charges. The offers come with different minimum purchase requirements, eligibility criteria and validity periods….
Life insurance companies are likely to experience a volume growth reset in 2027-28 (FY28) as the industry braces for the implementation of new regulations by April 1 next year, according to Harshal Mehta, Vice President of Equity Research at Asian Market Securities. “FY28 basically that will be the first year where you will see impact…
Bank of India (BOI) has revised upwards interest rates on fixed deposits (FDs) across select medium- and long-term tenures for deposits of less than ₹3 crore and those ranging from ₹3 crore to less than ₹10 crore. The revised rates came into effect on November 2. The public sector lender has also introduced a special…
The Employees’ Provident Fund Organisation (EPFO) has announced two initiatives to make provident fund services more accessible to subscribers. These include access to PF balance and passbook details through WhatsApp and automatic settlement of eligible inoperative accounts with balances of up to ₹1,000. The initiatives were announced by Union Labour and Employment Minister Mansukh Mandaviya…
IDBI Bank has issued a customer advisory as a proposed two-day bank strike begins today, November 2, and continues tomorrow, November 3. The bank has asked customers to complete important banking transactions in advance and use alternative channels for their banking requirements during the strike period. In a post on its official X account on…
The Uttar Pradesh government has increased the monthly honorarium of Anganwadi workers by 50% to ₹12,000 from ₹8,000, while the amount paid to Anganwadi helpers has been raised to ₹6,000 from ₹4,000, according to a report by News18 Hindi. The revised honorarium is effective from September 2026, with the increased amount scheduled to be paid…
Several goods and services tax (GST) process changes, including simplified registration for small sellers operating through e-commerce platforms, faster processing of refunds and streamlined documentation for GST registration, came into effect from November 1. The changes, approved at the 57th GST Council meeting held on October 8, 2026, are aimed at simplifying compliance for businesses,…
Gold and silver prices edged higher in early Asian trade on Monday, November 2, after both precious metals recorded sharp losses last week. However, the modest recovery comes against the backdrop of persistent selling pressure, changing interest-rate expectations and uncertainty over global economic and geopolitical developments. On the COMEX, gold futures were trading at $3,919.70…
Bank Holiday This Week: Bank customers should check the holiday schedule before visiting their branches during the week of November 2 to November 8, 2026. According to the RBI holiday calendar, bank branches in select cities will remain closed on account of regional festivals and regular weekly holidays. Below is the list of bank closures…
Indian travellers visiting the UAE and Singapore can now use the Unified Payments Interface (UPI) to book tickets and make online payments at some of the popular tourist attractions. The facility is available for bookings at At the Top, Burj Khalifa, in Dubai and Resorts World Sentosa in Singapore. NPCI International Payments Limited (NIPL), the…
