8th Pay Commission talks begin: staff push for 3.83 fitment factor, NPS scrapping and major allowance hike

8th Pay Commission talks begin: staff push for 3.83 fitment factor, NPS scrapping and major allowance hike

Discussions around the 8th Pay Commission have now formally begun and employee representatives have wasted no time in putting forward their expectations. In the first meeting held on April 28, staff representatives shared a detailed set of demands which included a sharp increase in minimum pay and scrapping of the National Pension System (NPS). This…

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Credit card rewards: How to maximise benefits from everyday spending

Credit card rewards: How to maximise benefits from everyday spending

Credit cards are evolving beyond simple payment tools into instruments designed to optimise everyday spending. With reward programmes becoming more personalised, digital, and experience-led, consumers are focusing on how they use their cards rather than how much they spend. Insights shared by Mastercard highlight several ways users can improve the value they derive from credit…

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NBBL, Juspay roll out integration switch to upgrade Banking Connect

NBBL, Juspay roll out integration switch to upgrade Banking Connect

NPCI Bharat BillPay Limited (NBBL), a wholly owned subsidiary of National Payments Corporation of India, has partnered with Juspay to introduce a switch and software development kit (SDK) aimed at simplifying bank integrations on its Banking Connect platform. The companies said the switch, along with the SDK, is designed to streamline how banks and partners…

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New SEBI rules allow quicker rollout of AIF schemes

New SEBI rules allow quicker rollout of AIF schemes

India’s market regulator Securities and Exchange Board of India (SEBI) has introduced a fast-track mechanism for processing placement memorandums (PPMs) of alternative investment funds (AIFs), seeking to shorten approval timelines and simplify fund launches. Under the revised framework, AIFs—excluding large value funds for accredited investors (LVFs)—can launch new schemes and circulate their PPMs to investors…

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RERA at 10: What a decade of reform means for homebuyers and property investors

RERA at 10: What a decade of reform means for homebuyers and property investors

Ten years after the Real Estate (Regulation and Development) Act, 2016 (RERA) was passed, India’s real estate market has undergone a shift, with stronger financial safeguards, greater transparency, and improved accountability reshaping how homebuyers approach property purchases. The law, which came into force in 2017 after being passed by the Rajya Sabha in 2016, addresses…

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What explains the month-on-month dip in UPI transactions in April

What explains the month-on-month dip in UPI transactions in April

India’s digital payments activity moderated in April after hitting all-time highs in March, with Unified Payments Interface (UPI) transactions registering a marginal month-on-month dip, largely due to year-end seasonality. Data from the National Payments Corporation of India showed UPI transaction value declined 1.7% to ₹29.03 trillion in April, compared with ₹29.53 trillion in March. Volumes…

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Labour Day 2026: Is it a holiday in India? What’s open and closed on May 1

Labour Day 2026: Is it a holiday in India? What’s open and closed on May 1

Labour Day will be observed on May 1 to honour workers, labour movements, and the contributions of employees across industries. Also known as International Workers’ Day or May Day, the day has both historical and social importance. Several states mark it as a public holiday and many schools, colleges, private and government organisations remain shut…

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Report shows 31% rise in workplace injury claims among MSMEs in FY26

Report shows 31% rise in workplace injury claims among MSMEs in FY26

A new report shows that workplace injury claims among MSMEs rose 31% year-on-year in FY 2025–26, reflecting higher workplace activity, improved reporting, and faster digital adoption in insurance processes. The findings, part of the BimaKavach Workplace Risk Report 2026, are based on insights from over 6,000 MSMEs across five-plus sectors. The report examines emerging workplace…

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How investors can manage money better in an uncertain macro environment

How investors can manage money better in an uncertain macro environment

In a period marked by shifting interest rates, easing inflation, and ongoing economic uncertainty, financial experts say the most reliable strategy for retail investors is not prediction, but discipline. Across perspectives, the focus is shifting toward consistent investing, prudent debt management, and maintaining liquidity. How investors can stay steady despite changing market conditions Alekh Yadav,…

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