Pib Fact Check: Public sector banks to stay closed on Saturdays? PIB debunks fake government notification

PIB debunks fake Saturday holiday notification (representative image) The Press Information Bureau (PIB) Fact Check unit on Thursday debunked a document circulating on social media that claimed the Central Government had declared every Saturday a public holiday for all public sector banks, including the State Bank of India (SBI).In a post on X, PIB Fact…

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India’s factory growth hits 7 month high in September, thanks to demand and hiring boost

Factory growth hits 7-month high, PMI rises to 55.1 India’s manufacturing activity scaled up sharply in September, as stronger demand pushed up sales and production, while companies stepped up hiring and stock-building.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 55.1 in September, from 52.8 in August, marking the strongest improvement in…

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Piyush Goyal gets a ‘trade minister for life’ tag from US trade chief at G20

Commerce minister Piyush Goyal with US trade representative Jamieson Greer US trade representative Jamieson Greer called Union commerce and industry minister Piyush Goyal a “trade minister for life” as he opened the G20 trade ministers’ meeting in Milwaukee. The light-hearted remark came as the two ministers met on the first day of the two-day gathering.Greer…

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Stock Market Today Live Updates: GIFT Nifty points to weak opening; Sensex, Nifty brace for final session of the week

Dalal Street is set to enter the final trading session of the week, with investors tracking a mix of domestic and global cues after benchmark indices extended their losing streak in the previous session. Sensex and Nifty gave up strong intraday gains to close lower, reflecting continued caution across the market. Crude oil prices remain…

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Bank holidays in October: When and where will banks remain closed? Check state-wise list

Bank customers planning branch visits in October will need to keep the month’s regional and festival holidays in mind, as branches will remain closed on different dates depending on the city. Since bank holidays can vary across regions, customers should check the schedule applicable to their particular branch before visiting.Banks observe both national and state-specific…

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Senior citizen invested Rs 3 crore in tax-free bonds, but mistakenly paid tax on Rs 25.42 lakh interest earnings; why ITAT Delhi ordered Rs 9.91 lakh refund

While filing his return for AY 2022-23, he mistakenly treated Rs 25.42 lakh in interest from the bonds as taxable income. (Image for representative purpose only) What if you end up paying taxes on a tax-free income? Will you be refunded? In one such case a senior citizen man erroneously ended up paying tax on…

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Rabi MSP hike, Rs 1.86 lakh crore green corridor, Delhi AI traffic system: Cabinet clears 3 key measures

The measures cover higher support prices for six Rabi crops, renewable power evacuation and storage across states, and technology-driven traffic management across 42 Delhi corridors. NEW DELHI: The Union Cabinet on Wednesday approved three major measures spanning agriculture, power infrastructure and urban mobility, including higher Minimum Support Prices (MSP) for all mandated Rabi crops for…

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5 money rule changes from October 2026: Bulk FD rates, UPI MDR starts above Rs 2,000, SBI ATM free limit falls to 5, LPG Aadhaar-KYC & new NPS charges

Several rules covering banking, payments and personal finance are scheduled to change from October 2026.  October brings several changes to your financial life, with some transactions set to get costlier. Several rules covering banking, payments and personal finance are scheduled to change from October 2026.The changes include a reduction in the number of free ATM…

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Intelligent Traffic Management System: Delhi traffic gets a ‘brain’: How new Rs 1,789-crore traffic system will change your commute

FIle photo: Heavy traffic congestion Delhi’s traffic signals could soon become more responsive to the traffic they are actually handling, rather than operating largely on fixed timings.The Centre has approved a Rs 1,789.52-crore Intelligent Traffic Management System (ITMS) for the capital, bringing signals, traffic enforcement, emergency vehicle movement and commuter information onto an integrated technology…

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Mother nominated son for savings account, but both died; Farmer father faced long delays, got money but lodged a compliant, Consumer Commission orders bank to pay Rs 15,000 relief

The man approached the bank to find out how he could withdraw the money from his late wife’s savings account. (Image for representative purpose only) When you add a nominee to any of your savings or investment accounts, the idea is that the person will get the money when you pass away. But what if…

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