1771872721 unnamed file.jpg

Appraisal season 2026: What India Inc is planning for salary hikes and where pay may rise faster

With appraisal season around the corner, conversations about pay hikes, promotions and performance rewards are returning to office corridors as companies reassess compensation strategies.Companies are preparing to roll out an average salary hike of 9.1 per cent in 2026, signalling a shift towards skills-based pay structures rather than uniform annual increments, according to a report,…

Read More
1771868986 unnamed file.jpg

FM Sitharaman rules out roadmap for PSU bank mergers, panel to review sector reforms

The government currently has no roadmap for mergers among public sector banks, Finance Minister Nirmala Sitharaman said, indicating that consolidation is not under active consideration even as a new banking reform panel is set to review the sector’s future.“I am not familiar with any roadmap…there isn’t one,” Sitharaman said in a media briefing after her…

Read More
1771865349 unnamed file.jpg

After 33-hour Mumbai-Pune expressway chaos, 1 lakh motorists to get Rs 5.16 crore toll refund

Traffic jam in Delhi Mumbai expressway (Photo credit -PTI) More than one lakh motorists stranded during a massive traffic gridlock on the Mumbai-Pune Expressway earlier this month will receive toll refunds worth Rs 5.16 crore, after authorities decided to return charges deducted despite suspension orders.The disruption followed a gas tanker accident on February 3 on…

Read More
1771854256 unnamed file.jpg

Govt to return unclaimed EPFO deposits, expand scholarships for unorganised workers’ children

The labour ministry has initiated a process to return unclaimed funds lying in inoperative Employees’ Provident Fund Organisation (EPFO) accounts to subscribers, a move expected to benefit over 3.1 million account holders, labour minister Mansukh Mandaviya said.A pilot phase covering about 0.7 million subscribers will be rolled out shortly after the decision was taken during…

Read More
1771846611 unnamed file.jpg

‘Mis-selling is offence under BNS’: FM Sitharaman warns banks, asks lenders to focus on core business

Finance minister Nirmala Sitharaman on Monday issued a warning to banks against mis-selling financial products, stressing that such practices now constitute an offence under the Bharatiya Nyaya Sanhita (BNS) and must stop as regulators tighten oversight.Addressing reporters after her customary post-Budget interaction with the RBI Central Board, Sitharaman said banks should return their focus to…

Read More
Luxury real estate.jpg

Gurugram overtakes Mumbai as India’s fastest-growing high-end luxury residential market; sees record Rs 24,120 crore in Rs 10 crore plus sales |

There is an almost tenfold jump in ultra-luxury home sales within two years. (AI image) Gurugram has overtaken Mumbai in the total sales value of luxury homes above the Rs 10 crore category, according to a report by Sotheby’s International Realty in collaboration with CRE Matrix. The Gurguram market has become the country’s fastest growing…

Read More