Punjab National Bank (PNB), one of India’s largest public sector banks, has not yet updated its Fixed Deposit (FD) rates after the recent repo rate cut by the RBI. The repo rate was reduced by 0.25% to 5.25% recently, which usually influences bank interest rates. However, PNB may revise its FD rates soon. If you … Read more
The Pension Fund Regulatory and Development Authority (PFRDA) has expanded the number of investment options available under the National Pension System (NPS) and the Unified Pension Scheme (UPS). Two new auto-choice options have been introduced, increasing the total investment choices for Central Government (CG) subscribers from four to six. The newly added options are: Auto … Read more
The Unique Identification Authority of India (UIDAI) is introducing a new feature in the Aadhaar app that will allow users to update their address from home. This has been a long-requested feature and will remove the need to visit an enrollment center for address changes. UIDAI announced on X (formerly Twitter) that the update process … Read more
The government is planning to update the base year used for calculating national accounts. Finance Minister Nirmala Sitharaman informed Parliament on Wednesday that the new base year will be 2022-23, effective from February 27th. This update aims to make economic data more accurate. Currently, the base year is 2011-12, which is over a decade old. … Read more
The Indian government has introduced eight new benefits for senior citizens, effective December 1, 2025. These measures aim to make life easier, safer, and more comfortable for the elderly. The benefits cover healthcare, travel, financial security, legal aid, and social welfare. Let’s look at the key benefits. Better Healthcare for Seniors Seniors above 60 can … Read more
Aadhaar cards are used everywhere today and are often considered essential for many services. However, if you live in Uttar Pradesh, this update is very important. The Uttar Pradesh government has announced that Aadhaar cards will no longer be accepted as birth certificates or as proof of date of birth. This decision came after the … Read more
Digital payments have grown rapidly in India, and credit cards have become a routine part of daily spending. But many people unknowingly cross their credit limits, leading to heavy overlimit charges. After receiving a rising number of complaints, the Reserve Bank of India (RBI) has introduced an important change that brings major relief to card … Read more
The government has set December 31, 2025 as the final deadline to link your Aadhaar and PAN. Missing this deadline can cause serious disruptions. From January 1, 2026, your PAN will become inactive if it’s not linked, which means you won’t be able to file your Income Tax Return, claim refunds, or even receive certain … Read more
The Central Pension Accounting Office (CPAO) has instructed all authorized banks to send monthly pension slips to every central civil pensioner and family pensioner without any delay. This directive was issued through a new Office Memorandum (OM) by the Ministry of Finance on November 25, 2025. The order came after the CPAO received several complaints … Read more
New Delhi: Market regulator SEBI has prohibited mutual funds from investing in pre-IPO shares (buying or selling shares before an IPO). However, according to sources, mutual funds will still be allowed to participate in anchor rounds.This decision aims to increase market liquidity and make IPO valuations more transparent. Earlier this month, SEBI introduced major changes … Read more
The stock market saw a sharp decline on the last trading day of the week. However, one stock priced below ₹50 — Fineotex Chemical — stood out by rising 20 percent in a single day. The company’s shares are trading ex-bonus and ex-stock split today. Notably, veteran investor Ashish Kacholia also holds a stake in … Read more