Gold Price Today: The decline in gold prices in the country has stopped. The price has increased in most cities on the morning of June 13. The price of 24 carat gold in the capital Delhi has increased to Rs 145830 per 10 grams. In Mumbai, the price is Rs 145890 per 10 grams. A day earlier, gold of 99.9 percent purity in the bullion market of Delhi increased by Rs 3,000 to reach Rs 1,56,900 per 10 grams. In the international market, spot gold is at $ 4,206.88 per ounce.

Signs of a diplomatic resolution to the US-Iran tensions have renewed investor interest in precious metals, supported by a decline in crude oil prices, the US dollar index and bond yields.

Gold rates in some major cities of the country

Gold price in Delhi : The price of 24-carat gold in Delhi is ₹145,830 per 10 grams. The price of 22-carat gold is ₹136,360 per 10 grams.

Mumbai and Kolkata: The price of 22 carat gold in Mumbai and Kolkata is Rs 136210 per 10 grams, while the price of 24 carat gold is Rs 145890 per 10 grams.

Gold price in Chennai: 24-carat gold is priced at ₹150,560 per 10 grams. 22-carat gold is priced at ₹138,010 per 10 grams.

Price in Pune and Bengaluru: In both these cities, the price of 24 carat gold is Rs 145890 per 10 grams and the price of 22 carat gold is Rs 136210 per 10 grams.

Silver price

Like gold, silver prices have also rebounded. On the morning of June 13th, the price reached ₹260,100 per kilogram. Spot silver is trading at $67.02 per ounce in the international market. Gold and silver prices in the domestic market are influenced by both domestic and global factors.

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Following the Reserve Bank of India’s (RBI) recent decision to hold the repo rate steady at 5.25%, India’s leading public and private sector banks continue to offer competitive interest rates on Fixed Deposits (FD).

For retail investors looking to lock in yields, Punjab National Bank (PNB) and ICICI Bank currently lead the pack, offering peak interest rates of up to 7.10% for senior citizens.

Peak Interest Rates & Special Tenures

While standard interest rates vary across tenures, each bank has specific “sweet spot” durations where they offer their absolute highest yields:

• Punjab National Bank (PNB): Offers its peak rates of 6.60% for general citizens and 7.10% for senior citizens. Investors need to lock in their funds for a specific tenure of 444 days to get these yields.

• ICICI Bank: Matches PNB’s senior citizen peak at 7.10% (with general citizens getting 6.50%). These maximum rates are applicable on longer-term tenures ranging from 3 years 1 day to 5 years.

• HDFC Bank: Provides a top tier of 6.50% for general citizens and 7.00% for senior citizens. This peak is active on tenures from 3 years 1 day to less than 4 years 7 months.

• Bank of Baroda (BoB): Reaches its highest rates of 6.45% for general citizens and 6.95% for senior citizens through its specialized bob Square Drive Deposit Scheme, which requires a 444-day maturity period.

• State Bank of India (SBI): Offers peak yields of 6.45% for general citizens and 6.90% for senior citizens. These figures include their high-yield flagship Amrit Vrishti scheme.

Head-to-Head Comparison: FD Interest Rate Ranges

The table below outlines the full operational interest rate ranges (from minimum to maximum available tenures) offered by these five banking institutions as of June 2026:

Investor Note: Senior citizens systematically receive an additional premium of 0.50% to 0.60% across all major commercial banks, acting as a reliable shield for retirement capital against current inflationary trends.

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With this, he has become the world’s first trillionaire. SpaceX’s mega $75 billion IPO received a tremendous response from investors, pushing both the company’s valuation and Musk’s wealth to new heights.

SpaceX’s listing changed the picture

SpaceX’s IPO received record market support. Investors welcomed the company’s $75 billion offering. Even before the listing, SpaceX’s valuation surged sharply, directly benefiting the company’s largest shareholder, Elon Musk. This surge has pushed his net worth past the $1 trillion mark.

Wealth crosses $1.1 trillion

According to the latest data, Elon Musk’s net worth now exceeds $1.1 trillion. With this, he has written a new chapter in the history of global wealth. Until now, no individual’s net worth had reached the trillion-dollar mark. Musk has become the first person in the world to achieve this feat.

Largest stake in SpaceX

The largest portion of Elon Musk’s wealth comes from his stake in SpaceX. Following the company’s surge in valuation, the value of his stake has reached record levels. In addition to SpaceX, his electric vehicle company, Tesla, also plays a significant role in his net worth.

No one is around in the rich list

Larry Page, the world’s second-richest person and Google co-founder, is estimated to have a net worth of around $300 billion. Musk’s net worth has already surpassed his. He has now far surpassed other billionaires in terms of wealth, and his hold on the top spot is stronger than ever.

Where does Elon Musk earn his money from?

Elon Musk was born in Pretoria, South Africa. After graduating from the University of Pennsylvania, he built several major businesses in the technology and space sectors. In 2008, he became the CEO of Tesla and later transformed SpaceX into the world’s most popular private space company.

Which companies does Elon Musk own?

Elon Musk isn’t limited to Tesla and SpaceX. He’s the founder, owner, or major shareholder of several major technology companies. His major companies include Tesla, SpaceX, Neuralink, The Boring Company, xAI, and the social media platform X. These companies operate in areas such as electric vehicles, space technology, artificial intelligence, brain-chip technology, and digital communications.

How far ahead is Musk compared to Ambani and Adani?

Even when combined, the combined wealth of India’s leading industrialists, Gautam Adani and Mukesh Ambani, falls far short of Elon Musk’s current net worth. Musk’s wealth surpassing $1.1 trillion has widened the gap between the world’s wealthiest individuals and other billionaires. SpaceX’s success has elevated him to a unique level in the global business world.

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Gurgaon Global City News: Haryana’s Gurugram is already one of India’s fastest-growing cities. However, it is now poised to surpass not only the country’s but also foreign cities. In Global City, India’s most ambitious project, not just Haryana’s, preparations are underway to build something that will directly rival Dubai’s Burj Khalifa. This city is planning to construct the tallest building in the country and the world.

According to reports, the HSIIDC has identified 6.7 acres of land in Haryana’s Global City project for the construction of a proposed 620- to 700-meter-tall mixed-use tower, which could become the country’s tallest building. Notably, the designated area significantly exceeds the area in Downtown Dubai, home to the Burj Khalifa. This could potentially hold the record for being both India’s tallest building and the world’s tallest building.

In such a situation, if the plan to build a huge mixed-use tower of 620 to 700 meters height in Gurugram is realised, then it will not only be the tallest building in the country, but can also give India recognition on the global stage by being included among the tallest skyscrapers in the world.

Sudeep Bhatt, Director of Strategy, Whiteland Corporation, says that Global City is not just a real estate project, but a symbol of a new vision for future urban development in Haryana and India. The proposed tower aims not only to build the country’s tallest building, but also to establish Gurugram as a major hub for global business, innovation, and investment.

He adds, “With improved connectivity, world-class infrastructure, and modern amenities, we are developing an integrated urban ecosystem where business, housing, employment, and a better lifestyle can thrive together. We are confident that this project will play a key role in bringing Gurugram global recognition and setting new standards for India’s economic progress, investment attraction, and modern urban development.”

What is the Global City Project?

The Global City Project is one of the Haryana government’s flagship urban development projects, being developed by the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). Union Minister Nitin Gadkari has also described it as very significant. Spanning approximately 1,000 acres near the Dwarka Expressway, the project is planned to be a modern business, commercial, residential, and institutional hub. It aims to attract global companies, financial institutions, and technology firms.

This proposed tower will be the heart of the project.

According to reports, HSIIDC has identified 6.7 acres of land within Global City for this special tower. This tower could include commercial offices, hotels, retail space, and residential facilities. The state government is also preparing to auction various land parcels to attract investment and accelerate development work. It is being said that this tower could be the heart of the entire project.

Over the past two to three years, the Haryana government has held several rounds of discussions with leading real estate developers from Delhi-NCR, Mumbai, and Bengaluru. These discussions considered market demand, global standards, and the feasibility of developing such an iconic building. Furthermore, the infrastructure requirements required to build an international-class urban space were assessed.

This new tower will surpass existing records.

Currently, this is India’s tallest building.

If this tower reaches its proposed height of 620 to 700 meters, it will significantly surpass India’s existing tallest buildings. Currently, Mumbai’s Palais Royale, with a height of 320 meters, is the tallest building in the country. Meanwhile, the tallest building in Delhi-NCR is Cyberthum Tower A in Noida, with a height of 213.7 meters. Gurugram’s tallest completed building is Trump Towers Delhi NCR, which stands at 201.53 meters.

The proposed Global City Tower will be more than three times taller than Gurugram’s tallest existing building and nearly double the height of India’s current tallest building. With improved connectivity, modern infrastructure, and significant investment, this project could reposition Gurugram as a global business and urban hub.

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PM Kisan: If you’re a beneficiary of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, you’re undoubtedly waiting for your next installment of ₹2,000. Prime Minister Narendra Modi released the 22nd installment of the PM-KISAN scheme on March 13, 2026, during an event in Guwahati, Assam. However, approximately 94.6 million farmer families across the country are now awaiting the 23rd installment.

At present, no official announcement has been made by the government regarding its date. PM-KISAN is one of the central government’s most popular schemes, providing direct financial assistance to eligible farmer families.

When can the 23rd installment come?

Although the government has not yet announced the date of the 23rd installment, it can be estimated based on the scheme’s previous payment pattern. Three installments are issued annually under the PM Kisan Yojana.

First Installment: April to July

Second Installment: August to November

Third Installment: December to March

The 22nd instalment was released for the period from December 2025 to March 2026. Therefore, the 23rd instalment covering the period April-July 2026 is likely to be released in June or July 2026.

What are the benefits of PM Kisan Yojana?

Under the Pradhan Mantri Kisan Samman Nidhi Yojana, eligible farmer families are provided financial assistance of ₹6,000 annually. This amount is transferred directly to farmers’ bank accounts in three equal installments of ₹2,000 every four months. Its purpose is to provide financial assistance to farmers for their farming and related needs.

Who can avail the benefits of the scheme?

This scheme benefits farmer families who own cultivable land. A farming family consists of a husband, wife, and minor children. However, land that is not cultivable or used for purposes other than agriculture is not eligible for the scheme.

How to check the beneficiary list?

• Visit the official website of PM Kisan.
• Click on “Beneficiary List” option.
• Select State, District, Block and Village.
• The list of beneficiaries will be visible as soon as you click on “Get Report”.

Check status like this from mobile app

• Farmers can also check their status through PM Kisan GOI mobile app.
• Open the app and select the Beneficiary option.
• Enter the registration ID.
• Verify with Aadhaar OTP.
• After logging in, select the installment number.
• After this the beneficiary can check the status, e-KYC status and other information.

It is necessary to do e-KYC

To avail the benefits of the PM-KISAN scheme, e-KYC is mandatory. Farmers can use OTP-based e-KYC, biometric e-KYC, or face authentication-based e-KYC. The status of e-KYC can be checked online approximately 24 hours after completion.

Read More: RBI Cancels Registration Certificates of 135 NBFCs Across India

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The Reserve Bank of India (RBI) has issued an official directive cancelling the Certificates of Registration (CoR) of 135 Non-Banking Financial Companies (NBFCs) under Section 45-IA (6) of the Reserve Bank of India Act, 1934.

Following this action, these companies are legally barred from transacting the business of a non-banking financial institution as defined under clause (a) of Section 45-I of the RBI Act.

Key Highlights of the RBI Directive

• Geographic Concentration: A substantial majority of the penalised NBFCs had their registered offices located in West Bengal (primarily Kolkata), a region historically home to a high concentration of mid-sized finance and investment firms.

• Prominent Affected Entities: The broad cancellation order includes firms such as Express Fincap House, Akshay Fiscal Services, Times Finance (P), Jupiter Projects (P), Jupiter Finvest, Essel Finance Business Loans, and Citiwide Financial Services.

• The Regulatory Context: This massive sweep is part of the central bank’s ongoing supervisory push to eliminate inactive, non-compliant, or shell financial operations, ensuring absolute alignment with modern governance, reporting standards, and capital adequacy norms.

Voluntary Surrender of Licences

Separately, the RBI announced that 13 additional NBFCs have voluntarily surrendered their certificates of registration due to business exits, strategic restructuring, or legal dissolution.

The reasons for these voluntary surrenders fall into two distinct operational categories:

1. Direct Exit from the NBFI Business

Six companies voluntarily chose to wind down their financial institution operations to exit the sector entirely:

• J. Thomas Finance

• Econ-Super Sales

• Hitesha Finance and Investment

• Tinnevelly Tuticorin Investments

• Carnex Vinimay

• Impact Leasing

2. Corporate Restructuring & Dissolution

The remaining entities surrendered their licenses because they ceased to exist as independent legal entities following corporate actions such as amalgamations, mergers, voluntary strike-offs, or regulatory reclassifications:

• Forerunner Capital Investments: Surrendered its license because it transitioned to meet the specific statutory criteria prescribed for an unregistered Core Investment Company (CIC), which legally does not require an RBI registration.

• Corporate Dissolution Group: Caspian Impact Investments, Hari Darshan Sales, Ivory Consultants, SKA Consultancy Services, Trishita Management, and Suban Trades dissolved their licenses due to completed mergers, liquidations, or voluntary strike-offs.

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The Ministry of Petroleum and Natural Gas has tightened the enforcement of the “One Household, One LPG Gas Connection” policy. Under the Liquefied Petroleum Gas (Regulation of Supply and Distribution) Amendment Order, regulations have been updated to ensure the fair distribution of cooking fuel across both rural and urban sectors.

The core rule remains firm: A single household sharing a common kitchen is permitted to have only one LPG connection.

Defining a “Household” and Multiple Connections

For all regulatory and verification purposes, a household is defined by the kitchen, not just the relations under the roof.

• Who Counts as One Household: A husband, wife, dependent children, married children, or dependent parents sharing a common kitchen are legally treated as a single household. They cannot hold separate LPG connections under different family members’ names.

• The Double Bottle Connection (DBC) Option: If a single kitchen requires a backup cylinder for convenience, the family cannot apply for a second separate account. Instead, they must apply to upgrade their existing account to a DBC, which allows two cylinders legally linked to a single subscription.

• When Separate Connections Are Allowed: Multiple connections on the same property are permissible only if independent families live in separate portions of the house and maintain completely independent kitchens. This setup requires verification through a distributor field inspection, address proofs, and physical KYC documentation.

The New 30-Day LPG-PNG Transition Mandate

The government is actively driving urban homes to transition to Piped Natural Gas (PNG) to free up cylinder supplies for regions lacking pipeline infrastructure. The revised framework introduces strict deadlines and operational relaxations:

• Mandatory 30-Day Surrender: If your household gets a functional PNG connection activated, you must apply to terminate your existing domestic LPG connection (Indane, Bharat Gas, or HP Gas) within 30 days of PNG activation.

• The Future Reconnection Relief: To protect tenants, students, and employees with transferable jobs, the rule provides a vital cushion. Upon surrendering the LPG connection, consumers receive a Transfer Voucher. If they later relocate to a non-PNG area or a smaller town, this voucher allows them to instantly restore their domestic LPG connection without paying new security deposits or undergoing fresh registration hassles.

• Consequences of Non-Compliance: Failing to surrender the cylinder or register your dual status before the final compliance push on June 30 will trigger automated blocks on your account. Databases are being integrated across oil marketing companies (OMCs) and city gas networks, and duplicate or dual-connection households will have their refill bookings rejected and subsidies deactivated.

New Lock-In Booking Intervals for Regular LPG Users

For households that do not have access to PNG networks and rely solely on traditional cylinders, the minimum wait time between booking successive refills has been increased to ensure equitable supply management:

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LPG Price Today on June 9: The financial burden of supplying domestic cooking gas has risen sharply in recent days. The delivery cost of a standard 14.2-kg LPG cylinder now exceeds ₹1,600.

Despite a significant increase in international fuel prices, consumers are still paying significantly lower prices. This is resulting in an under-recovery of approximately ₹700 per cylinder, which is being borne by the government and public sector oil marketing companies.

This gap between market-related costs and retail prices has widened amid continued volatility in the global energy market, due to supply disruptions through the Strait of Hormuz, a key route for energy shipments from the Middle East.

City-wise LPG prices

How much did the international market increase?

According to the Ministry of Petroleum and Natural Gas, international LPG prices have increased sharply in the last few months, increasing India’s import bill significantly.

The Saudi Aramco contract price (CP) for a 50:50 propane-butane blend was US$542.50 per tonne in February. Due to export disruptions through the Strait of Hormuz, this benchmark rose to US$775 per tonne in April and further rose to US$790 per tonne in June. The ministry said that during this period, prices of both main components of LPG saw significant increases.

Lowest LPG price in India

The ministry said that losses on domestic LPG sales increased sharply last year due to the continued rise in global prices. The total under-recovery (the difference between cost and selling price) on domestic LPG reached ₹60,000 crore by the end of fiscal year 2025-26, compared to ₹41,338 crore in the previous fiscal year. The Union Cabinet has approved compensation of ₹30,000 crore to help oil marketing companies.

Despite a recent ₹29 increase in cylinder prices, domestic LPG prices remain significantly lower than the actual procurement and supply costs. Effective Sunday, the price of a 14.2-kilogram domestic LPG cylinder in Delhi has been revised to ₹942. The ministry stated that this price is significantly lower than the market-related cost.

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Gold-Silver Price Today on June 9: Today, June 9, 2026, gold and silver prices are falling in the Indian bullion market. Today marks the third consecutive day that prices of these precious metals have declined. Following the global market crash on ‘Black Monday,’ gold prices fell by approximately ₹1,000 per 10 grams and silver by approximately ₹500-₹1,000 per kilogram this morning on the MCX and domestic retail markets.

latest gold price today

Silver price today

Like gold, silver prices also fell today due to selling pressure. Silver prices today remained between ₹259,900 and ₹260,000. In retail markets, the price of silver per 10 grams is hovering between ₹260 and ₹270.

Why did the price of gold and silver fall today?

A temporary pause in the Iran-Israel conflict— following US mediation and appeals—on Monday, both Iran and Israel temporarily halted airstrikes against each other. Investors have begun withdrawing money from safe-haven investments like gold and silver, hoping for a war averting.

US Treasury Bond Yields Surge – The yield on the US 10-year Treasury bond has reached a two-week high. As bond yields rise, investors tend to lose interest in gold, which doesn’t pay interest.

Strength in the Dollar Index – The strengthening US dollar globally has also impacted gold and silver prices. Spot gold on the commodity market (MCX) has fallen to a two-month low ($4,319 per ounce).

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In a bid to combat chronic gridlock and reduce emissions, the Mumbai Metropolitan Region Development Authority (MMRDA) has launched a first-of-its-kind initiative: “Public Transport Day.” Starting this week, nearly 200,000 professionals working across the Bandra Kurla Complex (BKC)—one of India’s most prominent and congested commercial business districts—are being strongly urged to leave their private cars at home every Friday and opt for trains, metros, or buses instead.

The multi-agency campaign is being deployed in active collaboration with the Brihanmumbai Electric Supply and Transport (BEST), Mumbai Metro Rail Corporation Limited (MMRCL), the Mumbai Traffic Police, local auto-rickshaw unions, and the World Resources Institute (WRI) India.

The Core Mobility Challenge in BKC

Despite the recent launch of the underground Metro Line 3 (Aqua Line) cutting directly through the business hub, vehicular traffic has not naturally receded. Mobility statistics shared during recent stakeholder roundtables paint a stark picture of the daily corporate commute:

• Vehicle Dependency: 52% of commuters traveling to BKC still rely on personal cars, app-based cabs, or auto-rickshaws. Conversely, only 25% currently use mainstream public transport daily.

• Commute Times: Over half of BKC’s 200,000-strong workforce spends more than two hours commuting every single day.

• The Friday Strategy: Planners intentionally avoided Mondays, citing rigid corporate timelines and high morning pressures. Fridays were chosen because office schedules are typically more flexible, making the workforce far more receptive to experimenting with alternative transit options.

Last-Mile Connectivity: The Primary Bottleneck

While survey data shows that 82% of commuters are willing to switch to public transport, their primary hesitation stems from what happens after they arrive at the station. Commuters describe covering the final 1 to 2 kilometers within BKC from the Aqua Line or nearby railway hubs as a major hurdle.

The immediate logistical data and current operations face a steep gap:

Remedial Interventions Under Review

To convert the initiative from a temporary technology showcase into a permanent behavioral shift, the MMRDA and its partners are testing several immediate and long-term infrastructural fixes:

• Bus Optimization: Engineering dedicated turning zones and optimized U-turn facilities for BEST buses at high-traffic junctions to cut transit times.

• Campus Shortcuts: Discussing plans with major corporate campuses to open up their private internal roads, allowing pedestrians to walk directly through properties rather than navigating massive block perimeters.

• Pedestrian Comfort: Partnering with the Walking Project to overhaul intersections and build all-weather, continuous green canopies with plant-covered roofs to protect pedestrians from harsh summer heat.

• Corporate Incentives: Advising companies to deploy internal reward systems, recognition programs, and transport expense reimbursements to motivate their teams.

The MMRDA has already ordered its own 2,000 internal and contract staff to lead by example. The campaign will be strictly monitored over the next three to four months to gather weekly bottleneck data and progressively tweak transit frequencies.

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Indian Railways is set to initiate a phased migration of its train booking operations to an entirely overhauled Passenger Reservation System (PRS) starting August 2026. Billed as one of the most substantial digital infrastructure overhauls in four decades, the new platform is engineered to expand concurrent system capacities, deploy advanced artificial intelligence tools, and eliminate peak-hour transactional bottlenecks.

The modernization trajectory was finalized following a high-level progress review at Rail Bhawan led by Railway Minister Ashwini Vaishnaw, alongside Ministers of State V. Somanna and Ravneet Singh Bittu. Directives have been issued to technical wings to ensure zero operational downtime or traveler disruption during the multi-stage system cutover.

Retiring a 40-Year-Old Legacy Framework

The legacy Passenger Reservation System architecture was initially commissioned in 1986. While it has undergone incremental updates—including the introduction of internet-based ticketing in 2002—the underlying core framework has struggled under the weight of modern digital demand.

The transition highlights a massive behavioral shift among Indian commuters toward digital-first booking channels:

• Digital Dominance: Approximately 88% of all train ticket bookings in the country are now processed via digital platforms rather than physical station counters.

• The Rise of RailOne: Central to this shift is the state’s unified RailOne mobile application. Since its rollout in July 2025, the app has surpassed 3.5 crore (35 million) downloads, averaging a daily transactional volume of 9.29 lakh tickets (comprising 7.2 lakh unreserved and 2.09 lakh reserved tickets daily).

Key Features of the Upgraded Reservation System

The rebuilt cloud-native architecture introduces key upgrades tailored to heavy traffic handling and data-driven passenger utilities:

1. High-Precision AI Waitlist Predictions

Building on predictive models trialed earlier this year, the next-gen PRS natively integrates a machine-learning algorithm designed to calculate the exact mathematical probability of a waitlisted ticket transitioning to “Confirmed” status.

Performance Milestone: Driven by historic passenger data and seasonal traffic trends, the algorithm’s predictive accuracy has successfully scaled from an initial 53% up to 94%, allowing travelers to make informed alternative arrangements well in advance.

2. Scaled Transactional Capacity

The core database architecture has been structurally expanded to eliminate systemic crashes during high-velocity windows, such as the daily opening of Tatkal booking quotas.

3. Native Dynamic Features

The system upgrade fully synchronizes with newly introduced consumer policies, including the recently authorized 30-minute window allowing commuters to digitally alter their designated boarding stations post-chart preparation.

The phased rollout will begin gradually across select zonal operations in August to monitor database stability before a complete nationwide transition is executed.

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In a significant policy tightening aimed at managing fiscal pressures from rising global fuel costs, the Central Government has reduced the annual quota of subsidised Liquefied Petroleum Gas (LPG) cylinders for Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries. The revised mandate drops the eligible count from nine down to four refills per year.

According to the Ministry of Petroleum & Natural Gas, this downward calibration aligns the state financial safety net with the actual average household consumption data recorded across rural and low-income demographics.

Evolution of the Ujjwala Scheme Subsidy Quota

Launched in May 2016, the PM Ujjwala Yojana provides deposit-free cooking gas connections to adult women from economically vulnerable households to promote clean cooking fuel. However, volatile energy markets have prompted multiple structural cutbacks over recent fiscal cycles:

• Initial Launch Blueprint: Beneficiaries were originally entitled to up to 12 subsidised 14.2-kg cylinders per year.

• The 2025 Revision: The annual capped limit was compressed down to 9 subsidised refills.

• The June 2026 Mandate: The annual quota has been permanently slashed to just 4 subsidised refills.

Price Breakdown & Immediate Household Impact

While the targeted ₹300 subsidy per 14.2-kg cylinder remains untouched, it will now only apply to the first four refills purchased in a calendar year. This effectively caps the maximum annual government subsidy support at ₹1,200 per household.

Following a cumulative price hike of ₹89 over the past three months—with the most recent market correction occurring on June 7, 2026—the financial divide between consumer segments in Delhi stands as follows:

Macroeconomic Drivers Behind the Subsidy Cap

Speaking at a media briefing in Mumbai, Praveen Mal Khanooja, Additional Secretary in the Ministry of Petroleum & Natural Gas, highlighted that the decision was driven by sharp cost overruns in the energy import and distribution sectors.

1. Surging Procurement Costs: The actual landed supply cost of a domestic 14.2-kg LPG cylinder has climbed steeply to over ₹1,600.

2. OMC Under-Recoveries: State-run Oil Marketing Companies (OMCs) are absorbing massive under-recoveries, currently losing roughly ₹700 on every single cylinder sold to the public.

3. Consumption Alignment: Ministry analytics reveal that the typical PMUY household averages roughly 4 to 4.5 cylinder refills a year, meaning the cap covers baseline cooking requirements without incentivizing commercial diversion.

The new capping structure will take effect immediately across all distribution networks, meaning any refills booked beyond the initial four will be billed at the standard market rate.

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ITR Filing 2026: Many people consider filing their Income Tax Return (ITR) merely a formality. They think that once they’ve paid their tax, the job is done. However, the ITR isn’t just a tax-related document. It’s also an official record of your income and financial situation. Therefore, filing your ITR on time can simplify many tasks later on.

1. It is easy to get a loan

If you apply for a home loan, car loan, or personal loan, banks assess your income and repayment capacity. They often ask for ITRs for the past three years. Regular ITR records help banks understand your financial situation and increase your chances of loan approval.

2. Help in getting visa

If you plan to travel, study, or work abroad, your ITR can be useful. Embassies and consulates in many countries verify your financial situation before granting a visa. Your ITR is official proof of income, proving your financial well-being.

3. How to get back excess TDS deducted

Sometimes, excessive TDS is deducted from your salary, fixed deposit interest, or freelance work. If you want to get this excess amount back, filing your ITR is essential. Without filing a return, you won’t get a tax refund.

4. Losses can be reaped in the future

If you suffer losses in the stock market or incur business losses, tax rules allow you to offset these losses against future profits. However, this benefit is only available if you file your ITR within the prescribed deadline. Failure to file your return on time will result in a loss.

5. Helps in getting a big insurance policy

Nowadays, many people take out term insurance or life insurance policies of ₹50 lakh or more to protect their families. Insurance companies verify your income before issuing such policies. Your ITR provides proof of your income and the premiums you can afford.

Not just taxes, but your financial identity too

Filing your ITR isn’t just about complying with the law. It strengthens your financial profile. It can come in handy for future needs like loans, visas, tax refunds, and insurance. So, even if your tax liability is low, regularly filing your ITR can prove beneficial in the long run.

Disclaimer: The advice or opinions expressed on Moneycontrol.com are the personal opinions of the experts/brokerage firms. The website or its management is not responsible for them. Moneycontrol advises users to always seek the advice of a certified expert before making any investment decisions.

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India’s aggressive push toward alternative energy achieved a major milestone with the official launch of E85 fuel at select dispensing stations in Delhi. Priced competitively at ₹82.12 per litre, the high-ethanol blend undercuts standard petrol by nearly ₹20 to ₹28 per litre depending on the city, presenting an attractive retail price point for motorists.

However, the introduction of this fuel introduces critical technical challenges regarding vehicle powertrain compatibility and the actual economics of vehicle running costs.

Technical Specifications: What is E85?

Unlike the nationwide E20 fuel blend (which contains up to 20% ethanol and 80% petrol), E85 is a high-concentration alternative consisting of up to 85% ethanol blended with just 15% standard petrol.

Because ethanol possesses vastly different chemical and physical properties compared to fossil fuels, it cannot be used interchangeably in standard internal combustion engines.

• Corrosivity: High ethanol concentrations are highly corrosive to standard rubber seals, fuel lines, and aluminum components found in conventional fuel delivery systems.

• Octane & Combustion: Ethanol alters the air-fuel ratio requirements, demanding specialized electronic control unit (ECU) mapping to manage ignition timing.

Vehicle Compatibility: Can Your Car Run It?

Critical Warning: The vast majority of petrol-powered cars currently operating on Indian roads cannot use E85 fuel.

Even if a vehicle is fully compliant with modern E20 fuel mandates, it is mechanically unequipped to process E85. Attempting to run a standard vehicle on this blend risks severe fuel system degradation, persistent engine misfires, and permanent mechanical failure.

To legally and safely utilize E85, a vehicle must be certified as a Flex-Fuel Vehicle (FFV). These specialized automobiles feature hardened fuel systems and smart sensors that automatically detect the ethanol-to-petrol ratio, adjusting engine calibration metrics seamlessly in real-time.

While manufacturers like Maruti Suzuki have actively showcased working prototypes—such as the Wagon R Flex Fuel—mass-market commercial availability of FFVs in India remains in its infancy.

The Efficiency Paradox: Does E85 Actually Save Money?

While a retail price of ₹82.12 per litre seems highly economical compared to Delhi’s standard petrol prices, the underlying physics of ethanol alters the financial breakdown.

Ethanol has a lower energy density than pure petrol. Data from established global flex-fuel markets like Brazil and the United States shows that vehicles operating on E85 suffer a 20% to 30% drop in fuel efficiency (kmpl) compared to standard petrol.

Real-World Cost Analysis

The table below demonstrates how a drop in thermal efficiency can offset a lower price at the pump, based on a standard driving profile:

Because the car must burn more fuel to cover the same distance, the net cost per kilometer can actually rise, proving that a lower per-litre price does not automatically yield lower operational costs.

The Broader Objective: Macroeconomic Benefits

For the Government of India, the true utility of E85 goes beyond consumer-level savings. The rollout serves three distinct macroeconomic and environmental strategies:

1. Lowering the Import Bill: Displacing crude oil imports with domestically manufactured fuel preserves crucial foreign exchange reserves.

2. Supporting Agriculture: India’s ethanol supply is heavily derived from agricultural feedstocks like sugarcane surplus and damaged food grains, directly supporting the domestic rural economy.

3. Tailpipe Emission Mitigation: Ethanol burns cleaner than fossil fuels, significantly lowering lifecycle carbon monoxide and hydrocarbon emissions.

For the everyday consumer, E85 currently stands as a promising technology showcase. Until flex-fuel vehicles become widely available at commercial dealerships, standard petrol and E20 blends will remain the default choice for mainstream motorists.

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In a regulatory filing submitted to stock exchanges, state-run explorer Oil India Ltd (OIL) announced a second consecutive natural gas discovery in the Andaman shallow offshore basin. The breakthrough, encountered at the Vijayapuram-3 exploratory well, strengthens hopes that the maritime boundary could soon emerge as India’s next major hydrocarbon-producing frontier.

The find aligns closely with India’s broader strategic mandate to accelerate domestic production and systematically reduce dependence on expensive imported crude oil and liquefied natural gas (LNG).

Technical Details of the Vijayapuram-3 Discovery

The exploration campaign was carried out under the central government’s Open Acreage Licensing Policy (OALP). Initial exploration metrics from the offshore site reveal a highly functional reservoir system:

• Geographic Coordinates: Located roughly 15 kilometers off the eastern coast of the Andaman Islands.

• Drilling Depth Profile: The well was spudded at a water depth of 355 meters. Heavy drilling operations penetrated the Eocene geological formation at a target depth exceeding 1,900 meters.

• Reservoir Performance: Upon technical perforation, the well demonstrated an immediate, sharp pressure build-up. Initial production potential was confirmed at the rig site through successful continuous flaring operations.

Tracking the Andaman Block Exploitation Rate

The Vijayapuram-3 well represents the second definitive success out of three exploratory wells drilled across the AN-OSHP-2018/1 block so far.

What Happens Next? Establishing Commercial Viability

While the back-to-back discoveries confirm that critical geological conditions—including hydrocarbon source systems, migration pathways, and physical accumulations—exist in the basin, commercial viability has not yet been locked in.

To determine the exact size, quality, and commercial scale of the reserves, the state explorer is deploying an extensive appraisal roadmap:

1. Gas Composition Sampling: Rig crews are currently extracting raw gas samples to analyze the specific chemical composition and overall calorific value of the resource.

2. Isotope Analytics: Geological scientists are running isotope studies to trace the exact origin and maturation timeline of the trapped hydrocarbons.

3. Expanded 3D Seismic Mapping: Building on older 2D seismic data, the company has acquired an additional 600 square kilometers of high-resolution 3D seismic data covering the prospect area. Data processing and software interpretation are currently underway to guide future appraisal drilling locations.

Market Reaction: Following the exchange announcement, shares of Oil India traded flat, closing near ₹488.95. Despite the immediate quiet session, the public sector stock maintains a strong positive trajectory, gaining more than 14% in year-to-date market yields.

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This highly significant corridor, being built under Phase 5A of the Delhi Metro, is expected to cost a massive ₹12,000 crore. This new route is being developed as an extension of the Delhi Metro’s Magenta Line, spanning a total length of approximately 9.913 kilometers. The project received Cabinet approval in December 2025, and work on the ground is now visible.

Here’s the complete station list

According to officials, construction work has begun rapidly at four major stations on this new route. These include Shivaji Stadium, Yuge Yugin Bharat, Central Secretariat, and Kartavya Bhawan stations. The entire corridor’s station route includes a total of 10 proposed stations. This list includes RK Ashram Marg, Shivaji Stadium, Yuge Yugin Bharat, Central Secretariat, Kartavya Bhavan, India Gate, War Memorial-High Court, Baroda House, Bharat Mandapam, and Indraprastha. The construction of these stations will significantly ease travel in Delhi’s busiest administrative and tourist areas.

Why is this metro route special?

This new metro corridor will pass directly through the heart of India’s administrative and governance system. With the opening of this route, access to Central Vista, Bharat Mandapam, the India Gate complex, the Central Secretariat, numerous government offices, courts, and major tourist destinations will become much easier. These areas of Lutyens’ Delhi and Central Delhi have been plagued by traffic jams for years due to office hours, major events, and heavy tourist traffic. Once this new metro corridor is operational, residents will be completely relieved of this daily, painful traffic bottleneck.

These areas will get bumper benefits

This major infrastructure upgrade is also set to give Delhi’s real estate market a boost. Reduced commuting times are expected to significantly increase housing demand and rentals in residential areas around Central Delhi. Additionally, proximity to government offices and business centers will also increase demand for commercial space and co-working offices. This project will directly benefit millions of working people in Connaught Place, ITO, Minto Road, Gole Market, as well as West Delhi (Janakpuri, Rajouri Garden) and East Delhi who commute to the Central Secretariat or Connaught Place daily.

Read More: Gold and Silver Price: Gold becomes cheaper by Rs 3000, silver also falls by Rs 14000, check latest rates

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Gold and Silver Price: Due to the Iran crisis, gold and silver prices in the global market continued to fluctuate last week. This pressured gold and silver prices, and gold once again fell below ₹1.60 lakh per 10 grams. The price of gold in the Delhi bullion market fell to ₹1.59 lakh per 10 grams. This week, gold prices fell by ₹3,000 and silver by nearly ₹14,000.

According to bullion traders, the price of 99.9 percent pure gold fell by Rs 400 to Rs 1,59,900 per 10 grams (including all taxes), after reaching Rs 1.60 lakh a day earlier. This decline came after a highly volatile week, in which the price of the precious metal rose and fell in almost every session. This created uncertainty among investors throughout the week.

Gold prices fell by ₹3,000 last week

, or about 2%, reflecting the uncertainty in the precious metals markets. Silver prices fell even more sharply this week, continuing their decline for the third consecutive session, dropping ₹5,000 to ₹2,60,700 per kilogram. Silver prices also fell by about ₹14,000 over the past week, representing a decline of approximately 5.09%.

Why is there a decline in gold and silver?

Analysts said that weakness in global markets and strengthening of rupee after the Reserve Bank of India announced measures to attract foreign capital and support the domestic currency have put pressure on bullion prices. Saumil Gandhi, Senior Analyst (Commodities), HDFC Securities, said that gold prices declined in the domestic market on Friday due to additional pressure from weakness in the international market and sharp improvement in the rupee. He said that investors tried to strike a balance between geopolitical uncertainties and the growing expectation that US interest rates may remain high for a long time.

What is the price in the global market?

In the international markets, spot gold fell marginally to $4,470.79 per ounce, while silver fell more than one percent to $72.89 per ounce. Kotak Securities’ Assistant Vice President of Commodity Research, Kaynat Chenwala, said that spot gold prices fell marginally on Friday and are heading towards losses for the second consecutive week. Due to the decline in the global market, gold and silver prices are also seen falling in the domestic market.

US bonds also increased pressure.

Gold prices saw some relief in the previous session, as falling bond yields, a weakening US dollar, and some diplomatic optimism about Washington-Tehran talks lifted prices. However, these gains quickly evaporated after Hezbollah rejected the US-brokered Israel-Lebanon ceasefire, and gold prices began to fall again.

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LPG Price Today: Domestic LPG cylinder prices remained stable amid rising petrol and diesel prices due to the US-Iran war. However, on June 1, the price of a 19-kg commercial cylinder was increased by ₹42. Meanwhile, the price of a 5-kg free trade LPG cylinder in Delhi has now risen by ₹11 to ₹821.5.

Additionally, the price of a 14.2 kg domestic LPG cylinder has remained at ₹913 since the beginning of March, when the price was increased by ₹60.

Check the latest commercial and domestic LPG cylinder prices in your city here:

Supply rates also increased

In recent months, the supply rate for a 14.2-kilogram domestic LPG cylinder has increased, reaching nearly ₹1,200 per cylinder. However, ordinary consumers are still getting this cylinder for ₹913. This increase is primarily due to a sharp jump in the Saudi contract price for propane.

Let us tell you that India imports a large part of its LPG needs and Saudi Aramco’s contract price in the international market is considered the main standard for determining the price of LPG.

According to government sources, despite rising global prices, domestic LPG cylinder prices in India are still lower than those in many neighboring countries in the region. Both subsidized and non-subsidized domestic gas cylinders remain relatively affordable compared to other countries, despite some differences in cylinder size.

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The Reserve Bank of India (RBI) has imposed a fine of ₹4.18 million on public sector Canara Bank. The central bank took this action for non-compliance with KYC (Know Your Customer) and inoperative accounts regulations. In a statement issued on Friday, the RBI said the penalty was imposed based on deficiencies observed in regulatory provisions.

Several deficiencies revealed during the inspection

The RBI conducted an inspection of Canara Bank based on its financial position as of March 2025 (ISE 2025). During the inspection, it was found that the bank had not uploaded the KYC records of some customers to the Central KYC Records Registry (CKYCR) within the stipulated timeframe.

The KYC process is a vital part of the banking system, through which customer identification and financial activities are monitored. The RBI takes any negligence in this process seriously.

Mistakes in Classifying Inoperative Accounts

During the inspection, the RBI also found that the bank had declared some accounts inoperative even though the last transaction by customers in those accounts had been less than a year ago. This was considered inconsistent with RBI guidelines. Experts believe that such mistakes can cause inconvenience to customers and impact banking services.

Fine Imposed on Another Company

The RBI also imposed a fine of ₹3.1 lakh on Purana Associates Private Limited. The company is accused of not complying with RBI guidelines related to asset classification.

Customers need not panic

The central bank clarified that these fines were imposed only based on violations of regulatory rules. This does not imply that the validity of any transactions or agreements between the entities concerned and their customers has been questioned. RBI said that its objective is to ensure better compliance of regulations in banks and financial institutions, so that the banking system remains more transparent, safe and reliable.

Read More: Delhi Weather Today: Chances of rain with thunder and lightning in Delhi, know the weather forecast of IMD

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Delhi Weather Today: Rain is expected in Delhi today, June 6, as temperatures continue to drop, bringing relief from the humid heat. However, according to the India Meteorological Department (IMD), this relief will not last long as a heat wave is set to return to the national capital. Temperatures are expected to once again reach 40 degrees Celsius.

According to the International Monetary Fund (IMD), some parts of Delhi may experience thunderstorms today. The maximum temperature is expected to be around 36 degrees Celsius and the minimum temperature around 25 degrees Celsius.

Meanwhile, strong winds of 40 to 60 kilometers per hour are possible during the afternoon. According to the Meteorological Department, due to a western disturbance and an active cyclonic system in the plains, thunderstorms, lightning, and light rain are likely in Delhi-NCR.

When will the heat wave return?

After two-three days of rain and cool weather, the scorching heat of June is likely to return to Delhi from next week as the mercury is once again expected to touch 40 degrees Celsius and rise further thereafter.

The Meteorological Department has not issued any alerts for next week, but this is likely to change. Furthermore, the IMD has forecast “strong surface winds during the day” next week.

The weather department has issued a forecast for the coming Friday, “The sky will remain generally cloudy. Light rain with thundershowers, lightning and strong winds of 40-50 kmph, gusting up to 60 kmph, are likely from morning to afternoon. Another spell of light rain with thundershowers is likely during the evening or night.”

Read More: Pakistan Claims India’s Chenab-Beas Tunnel Project Violates Indus Waters Treaty

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In a major step toward promoting sustainable mobility, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri inaugurated Delhi’s very first E85 fuel dispensing station at Pusa Road on June 5, 2026. Set up by Indian Oil, this launch officially marks the entry of high-blend ethanol fuel into the capital’s retail market, with dedicated branding to distinguish it from standard pumps.

While the retail price looks highly attractive on paper, a deeper look at ethanol’s energy density reveals a complex math equation for potential buyers.

Price Comparison: E85 vs. Existing Fuel Variants in Delhi

The primary hook for E85 is its immediate relief at the billing counter. Here is how the new fuel stacks up against existing options under ₹3 crore per litre:

The Efficiency Catch: Analyzing the Value Proposition

While a flat ₹20 discount per litre sounds massive, automotive experts point out that the financial benefit may be entirely offset by a drop in mileage.

• The Energy Density Deficit: Ethanol contains less energy by volume compared to pure petrol. Consequently, an E85-compliant vehicle is expected to see a 25% to 35% drop in fuel efficiency compared to an identical vehicle running on standard E20 petrol.

• The Global Benchmark vs. India: In Brazil—the global gold standard for flex-fuel adoption—the price gap between pure ethanol (E100) and their base blend (E27) is maintained at roughly 36% to make up for the mileage drop. In India, the current price gap sits at just 20%, meaning consumers might actually spend a similar amount per kilometer.

• Higher Upfront Vehicle Costs: Upgrading a vehicle to handle the corrosive properties of high-ethanol blends requires specialized fuel lines and engine calibration. For example, the newly launched E85-compliant Hero Splendor+ carries a ₹6,000 premium over its standard counterpart.

Rollout Roadmap and Network Expansion

The Pusa Road station is just the starting point of a aggressive infrastructure blueprint aimed at supporting early adopters.

• Short-Term Corridor (Mid-2026): The government plans to deploy 50 to 100 stations focusing on high-density transit paths, specifically the Delhi-NCR and Mumbai-Pune-Nagpur corridors.

• End of 2026 Target: The network is projected to scale rapidly to 500 operational stations nationwide by December.

• Long-Term Vision (End of 2027): An ambitious target of 5,000 operational E85 dispensing stations across major Indian metros.

Current and Upcoming E85 Vehicle Lineup

As the refueling network expands, automotive manufacturers are gradually rolling out compatible models:

• Maruti Suzuki Wagon R Flex-Fuel: The first flex-fuel car to enter mass production in India, though it is currently restricted exclusively to the commercial sector.

• Hero MotoCorp (Splendor+ & HF Deluxe): Scheduled to become available to private retail buyers starting July 2026.

• Tata Motors: Has confirmed that their first production-ready flex-fuel vehicle will debut by the end of this year.

• Toyota: Has repeatedly showcased advanced flex-fuel prototypes of the Innova Hycross, hinting at a premium market launch in the near future.

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Fixed deposit investors are closely monitoring their options after the Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 5.5% during its latest Monetary Policy Committee (MPC) meeting on June 5, 2026. With the central bank maintaining its stable stance, several commercial and small finance banks have quickly revised their fixed deposit (FD) interest rates to attract retail capital.

For savers looking to lock in high returns, select tenures now yield up to 8.05% for senior citizens. Punjab National Bank (PNB), Ujjivan Small Finance Bank, Union Bank of India, and DCB Bank are among the key lenders driving these fresh June updates.

At a Glance: Peak FD Rates and Tenures

If you want to secure the maximum possible yield on domestic retail deposits (under ₹3 crore), focus your investments on these specific maturities:

In-Depth Bank Review & Rate Cards

1. Ujjivan Small Finance Bank

Effective June 5, 2026, Ujjivan Small Finance Bank offers competitive yields reaching up to 7.55% for regular depositors and crossing the 8% threshold for senior citizens.

• Maximum Yield Bracket: General citizens earn 7.55% and senior citizens earn 8.05% on maturities spanning 3 Years 1 Day to 3 Years 6 Months.

• Short-to-Medium Horizon: Investors looking for a shorter commitment can lock in 7.25% for tenures between 1 year and less than 2 years.

2. DCB Bank

DCB Bank’s revised interest rates went into effect on June 1, 2026. The lender features a unique “Senior Citizens Plus” bracket for individuals aged 70 and above, matching the market’s peak return of 8.05%.

• The Triple Milestone Sweet Spots: Peak rates apply to three distinct buckets: 24 to less than 25 months, 34 to less than 35 months, and 60 to 61 months.

3. Union Bank of India

Public sector lender Union Bank of India altered its interest schedule effective June 1, 2026.

• Maturity Sweet Spot: Rather than offering broad tenure ranges, Union Bank peaks at a high-yield configuration exactly at the 555 Days mark, giving standard depositors a solid 6.65% and senior citizens 7.15%.

4. Punjab National Bank (PNB)

Punjab National Bank rolled out its updated domestic retail deposit rates on June 1, 2026. PNB splits its age-based incentives into three categories: standard public, senior citizens (ages 60 to 79), and super senior citizens (ages 80 and up).

• Special Tenure: The highest return across all three categories lands squarely on the 444-day fixed deposit. Super senior citizens can hit a maximum yield of 7.40% here.

Key Summary for Investors: While major public sector banks like PNB and Union Bank offer stability and strong mid-term options hovering between 6.60% and 7.15%, small finance private structures (like Ujjivan and DCB) are actively using this post-MPC window to offer premium milestones at 8.00% and 8.05%. Savers should map out their near-term liquidity requirements against these specific milestone days to secure optimal compound interest growth.

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Polymer Currency: RBI Governor Sanjay Malhotra has announced that the Reserve Bank of India is considering a proposal to introduce polymer currency notes in the country. Malhotra stated that the proposal is currently in its preliminary stages. It should be noted that attempts to introduce plastic notes were made previously, but these attempts were unsuccessful.

Why did it fail in the year 2012?

It’s worth noting that India also tested plastic 10 rupee notes in five cities (Kochi, Mysore, Jaipur, Bhubaneswar, and Shimla) in February 2012. However, due to significant problems with ATMs and other machines, it was discontinued.

What is polymer currency?

Polymer currency, polymer banknotes are made from a flexible, stretchy plastic substrate instead of cotton. These notes are made from Biaxially Oriented Polypropylene (BOPP). Polymer notes are not as rigid as cards, so they can be folded like paper notes.

What is the speciality of polymer currency?

• Unlike paper currency, polymer or plastic notes are more durable.
• Polymer currency is less affected by dirt and moisture.
• Due to the longer life of polymer currency, the need for repeated printing of notes is reduced.

Which countries already use plastic notes?

The introduction of this currency in India would not be a new phenomenon. Australia was the first country to use polymer currency. Following this, Canada, the United Kingdom, Singapore, Malaysia, Thailand, Indonesia, and Romania also began using polymer currency.

Read More: NEET UG Re-Exam Admit Card 2026: NTA will release NEET-UG Re-Exam admit card on June 14, know how to download the admit card.

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Petrol-Diesel Rate: With crude oil prices falling below $100, the average global price of petrol has dropped from ₹147.90 per liter to ₹145.99 per liter. Meanwhile, in India, the average price of petrol remains stable at around ₹108.71 per liter.

Despite the higher global average, India’s prices are lower thanks to Indian oil companies, who have kept domestic prices at bay despite rising international crude oil prices. Meanwhile, in neighboring countries, petrol prices fell in Nepal, Pakistan, China, and Myanmar in June.

How much have the prices decreased in neighboring countries

What is the reason for the reduction in rates?

In fact, countries like Nepal, Pakistan, China, and Myanmar pass on the benefits of changes in international oil prices to their people fairly quickly. In Pakistan, petrol prices are reviewed every 15 days. The government, through the Oil and Gas Regulatory, sets the formula based on international Brent crude prices and the dollar’s value. The government recently significantly reduced petrol and high-speed diesel prices by ₹22.

Similarly, in Nepal too, the ‘automatic pricing system’ operates automatically based on the new price list received from Indian Oil every 15 days, hence, if the prices in the international market increase or decrease, the oil prices in the country also automatically decrease.

Where did petrol become expensive?

Petrol prices are currently rising in several other neighboring countries, including Bangladesh, Bhutan, and Sri Lanka. In Bangladesh, the price of petrol per liter has risen from ₹109.69 to ₹112.68. In Sri Lanka, the price has also risen from ₹138.99 to ₹142. In Bhutan, the price of petrol remains at ₹109.73.

When will the price decrease in India?

There’s no question of a reduction in petrol and diesel prices in India right now. Although oil prices in these countries fell slightly in June, rates in India remained stable for a long time. Last month, when international prices rose by 55%, rates remained unchanged in the local market. Indian oil companies, despite incurring losses, prevented prices from rising. Now, with global oil prices falling slightly, companies are compensating for past losses by raising rates in installments.

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India’s Unified Payments Interface (UPI) has fundamentally transformed everyday transactions, from settling grocery bills to transferring money to family members. As digital transaction volumes continue to scale rapidly, payment platforms and regulators are rolling out enhanced safety updates aimed at curbing fraud and reducing transaction errors.

In recent weeks, users have started noticing additional verification prompts during routine transfers. While the fundamental payment experience remains unchanged across major applications like Google Pay, PhonePe, Paytm, and BHIM, these updates introduce critical background checks to secure the digital ecosystem.

Why More Verification Checks Are Appearing

The primary driver behind these updates is the prominent display of verified recipient information before a user authorizes a transaction. Historically, peer-to-peer transfers relied heavily on entering mobile numbers, selecting saved contacts, or typing unique payment aliases. However, a single typographical error frequently led to funds being routed to incorrect accounts.

By making beneficiary identities highly visible on the final payment screen, platforms give users a definitive window to confirm the target account. This proactive friction specifically targets accidental transfers, which remain one of the most frequent grievances reported to banking helpdesks.

Neutralizing Digital Frauds and Scams

The immense popularity of UPI has made it a frequent target for social engineering and payment scams. Common tactics involve fraudsters generating deceptive collect requests or setting up account names that mimic legitimate businesses.

Prominent recipient displays provide an essential checkpoint against these tactics. The system encourages users to pause for a few seconds to review the verified identity behind the handle, making it significantly harder for fraudulent requests to go unnoticed. The objective is to systematically build transaction confidence without adding unnecessary delays to the user journey.

Best Practices for Everyday Security

While automated background safeguards handle the bulk of the security lifting, digital payment platforms urge users to maintain fundamental security habits:

• Verify Identity Parameters: Always cross-reference the displayed name, target payment ID, and the exact monetary amount before entering your security PIN.

• Avoid External Proofs: Never authorize payments based solely on unverified screenshots, SMS receipts, or links sent by unfamiliar numbers.

• Exercise Caution with QR Codes: Be highly skeptical of QR codes received via social media platforms or chat applications, as these are frequently used to mask unauthorized debit requests.

When dealing with unfamiliar vendors or unverified individuals, confirming credentials through an independent, trusted channel remains the safest approach before executing any transfer.

Frequently Asked Questions

Why are UPI apps showing more recipient verification details before payments?

Payment platforms are displaying verified beneficiary details more clearly to help users double-check the recipient’s identity, directly lowering the chances of accidental transfers due to typing errors.

Will these additional verification measures make UPI payments slower?

No. The enhanced security parameters are integrated to run seamlessly in the background, ensuring that transaction authorization remains as fast and convenient as the standard process.

How do these verification checks help prevent online fraud?

By exposing the actual verified name associated with an account prior to the final authorization step, the system helps users spot deceptive payment requests or cloned accounts used by scammers.

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West Bengal Chief Minister Suvendu Adhikari officially inaugurated the state government’s highly anticipated Annapurna Yojana on Wednesday. The welfare scheme promises to deliver ₹3,000 every month directly to women beneficiaries across the state.

The launch event commenced at 12:30 PM, with local administration hubs distribution sanction letters to 100 selected beneficiaries from every block, municipality, and Kolkata Municipal Corporation (KMC) area. The new initiative completely replaces the previous ‘Lakshmir Bhandar’ scheme, effectively doubling the maximum monthly financial assistance from ₹1,500 to ₹3,000.

Step-by-Step Guide to Checking Your Payment Status

Beneficiaries can track their application approval and monthly credit updates digitally or via their banking institution through the following methods:

• Social Security Portal: Visit the official state Social Security website and select the “Track Applicant Status” option.

• Log-in Credentials: You can look up your status by entering your Application ID, registered mobile number, or your linked identity card number.

• Direct Bank Verification: Since the financial aid is disbursed via Direct Benefit Transfer (DBT), beneficiaries can check their bank passbook or digital statements for direct credits.

Eligibility Criteria and Required Documents

The state government has outlined specific structural requirements for women looking to enroll in the scheme:

Who Qualifies:

• Women residents aged between 25 and 60 years.

• Applicants must not be permanent government employees receiving regular salaries or state pensions.

• Applicants must not be active income tax payers.

Required Documentation: Applicants need to compile and submit a 12-page enrollment form along with copies of their identity card, Voter ID card, valid residential proof, passport-size photographs, and an active bank account statement or passbook.

Enrolment Timeline and Welfare Camps

The official enrollment drive began on June 1 and will remain operational for a 90-day window. Local Sub-Divisional Officers (SDOs) and Block Development Officers (BDOs) are managing the primary identification process, while District Magistrates and the KMC Commissioner hold final approval authority. Local MLAs are also coordinating ward-by-ward setups to assist with registration.

For residents facing technical difficulties or paperwork challenges, alternative assistance centers will open mid-month. Public welfare camps will be organized across various regions on June 15, 16, and 17 to guide applicants through both the online and offline enrollment processes.

Frequently Asked Questions

How much financial assistance is provided under the Annapurna Yojana?

Eligible women beneficiaries will receive ₹3,000 every month. This updates and replaces the older Lakshmir Bhandar scheme which offered a maximum of ₹1,500 monthly.

Can existing Lakshmir Bhandar beneficiaries apply for this scheme?

Yes. The Annapurna Yojana directly replaces the previous initiative. Existing beneficiaries need to complete the new enrolment process and ensure their updated bank account details are properly linked to receive the revised payments.

What should I do if I cannot fill out the application form?

If you are unable to complete the 12-page form online or offline, special public welfare camps will run from June 15 to June 17 across different blocks to provide hands-on assistance.

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• Repo Rate History: From 8% to 4% and then to 5.25%, this is how EMIs have been in the last 16 years.
• Silver Price Today: Silver becomes cheaper today, know how much the silver rate has decreased in Delhi-UP-Bihar
• Open lottery for investors having different demat accounts! Zerodha offer will save thousands of rupees

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Repo Rate History: The central bank, the Reserve Bank of India (RBI), reviews its monetary policies every two months, and then announces the repo rate. RBI announcements not only mention the repo rate, but the market also closely monitors the RBI Governor’s statements on inflation and the economy. Currently, the repo rate has fluctuated significantly over the past 16 years, rising from 5% to 8%, before falling to 4% and then starting to rise.

The repo rate was raised by 25 bps to 5.00% in March 2010, after which it gradually reached 8.00% in January 2014. It then gradually declined, reaching 4% during the COVID-19 pandemic. It remained at this low level for several months and is currently at 5.25%, fluctuating. Here are details of the repo rate changes over the past 16 years.

Repo Rate History: Such was the fluctuation in 16 years

How important is the repo rate?

The repo rate is a monetary policy tool of the RBI, through which it manages inflation, liquidity, and economic growth. It is the interest rate at which commercial banks obtain loans from the RBI, collateralized by collateralizing government securities. The repo rate directly impacts the public because it significantly influences the rate at which they can access loans. Lowering the repo rate increases the likelihood of lower loan installments, while higher rates can increase the risk of higher EMIs.

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Silver Price Today: Silver prices fell today, Thursday, June 4th. Silver prices softened in the bullion markets of Delhi, Mumbai, Kolkata, Chennai, and Kerala. Here, the price of 10 grams of silver traded around ₹2,600. Meanwhile, in states like Delhi, Uttar Pradesh, and Bihar, the price of silver was ₹2,62,820. If you’re planning to buy silver, find out the price in your city today.

Silver prices soften on MCX

Gold prices edged higher, while silver prices edged lower amid rising tensions in the Middle East. Investors are turning to safe havens due to developments in Iran and global uncertainty.

In the international market, spot gold rose 0.49% to $4,489 per ounce. Spot silver fell 0.45% to trade at $73.36 per ounce. In the domestic market, the spot price of gold on MCX closed at Rs 1,54,529 per 10 grams on Wednesday.

In the futures market, gold futures for August delivery closed marginally lower by 0.05% at ₹1,58,445 per 10 grams. Silver for July delivery fell 1.43% to ₹2,62,900 per kg.

Commodity experts say gold is currently trading in a narrow range due to uncertainty surrounding the US and Iran. Rising oil prices have raised inflation concerns, raising the possibility that the US Federal Reserve will keep interest rates elevated for a longer period.

The market is now focused on US employment data, specifically non-farm payrolls and the unemployment rate, to be released this week. These data could impact the dollar, gold, and silver prices. Experts believe that global developments and the direction of US economic data will determine the precious metals’ movement in the coming days.

Silver rates in major cities of the country including Delhi and Mumbai

Silver is trading at Rs 2,62,820 per kg in Delhi, Mumbai, Ahmedabad, Kolkata, UP, Bihar, Chandigarh, etc.

Silver Rate in Chennai and Hyderabad

Today, silver prices in Chennai and Hyderabad are trading at around ₹263,690 per kilogram. Prices in South India are higher than in North India.

Here is the silver rate in the bullion market on June 4, 2026

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New Delhi . Zerodha has announced a significant and beneficial decision for investors. The company has announced a refund of DP charges for transferring shares from another demat account to Zerodha. This decision will especially benefit those who have multiple demat accounts with different brokers and whose investments are scattered across multiple platforms.

According to Zerodha co-founder Nithin Kamath, investors often face difficulties in portfolio management, tax calculations, and investment tracking due to holding shares in different accounts. With the new rule, investors will be able to bring all their shares onto a single platform without worrying about additional expenses. This could also reduce the annual maintenance charge (AMC).

Now there will be no extra burden on share transfer

Until now, investors transferring shares from Groww, Angel One, Upstox, or any other broker to Zerodha had to pay DP charges. This was the reason many investors were reluctant to transfer shares. Zerodha has addressed this issue by announcing that it will refund these charges incurred during the transfer process. This could save investors thousands of rupees, especially those with large portfolios.

All investments will be visible in one place

Holding shares in different demat accounts makes it difficult for investors to get a clear picture of their total investment. Often, separate statements have to be compiled for tax filing. Having all shares in a single demat account will make portfolio tracking easier. Furthermore, the process of calculating capital gains and filing ITR will also be simplified.

This is how you can transfer shares online

If both your existing broker and Zerodha are on the CDSL platform, you can complete the entire process online through CDSL Easiest. First, you need to register on the CDSL Easiest portal. Next, add your Zerodha account as a trusted account. Then, go to the Transactions section, select the shares, and submit the transfer request. After OTP and PIN verification, the request is processed, and the shares typically appear in your new account within 1 to 2 business days.

Offline method also available

Investors who do not wish to use the online process can also transfer shares through a Delivery Instruction Slip (DIS). To do this, obtain a DIS book from your existing broker and enter your Zerodha demat account information and the details of the shares to be transferred. After signing, submit this slip to the relevant broker. The share transfer process is then completed.

Purchase price needs to be updated

Once the shares are transferred, Zerodha will no longer have data on your previous purchase price. Therefore, the shares may appear as N/A on Kite or Console. Investors will need to manually update their purchase price and purchase date to ensure accurate profit, loss, and tax calculations in the future.

Relief from AMC and tax hassles

Having multiple demat accounts requires investors to pay AMC fees at multiple locations. Furthermore, tax reporting and capital gains calculations become complicated. Zerodha’s new initiative is expected to provide relief to investors on both fronts. Keeping all investments on a single platform will reduce expenses and simplify investment management.

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Amid rapid urbanization, job migration to cities, and rising demand for rental housing, there’s a growing need to make the tenancy system more transparent and reliable. In this context, the idea of ​​a portable digital rental identity is gaining traction.

This system could give tenants a digital identity that they can carry with them from city to city and from apartment to apartment. This would make it easier to verify tenants’ trustworthiness and help landlords make better decisions.

Experts believe this new idea could completely transform the rental market in the country. This is why both its popularity and demand are growing rapidly among today’s youth.

What is Portable Digital Rental Identity?

Simply put, a “Portable Digital Rental Identity” is a digital identification card or report card for a tenant that displays their rental history. For example, when you apply for a loan or credit card from a bank, the bank checks your CIBIL score to determine whether you’ve repaid your previous loans on time.

Similarly, this digital rental identity informs a new landlord about a tenant’s timely rent payments and their track record. This can include rent payment records, feedback from previous landlords, length of rental tenure, digital rental agreements, and other relevant information.

How will tenants benefit?

Today, people face many challenges when renting a home in a new city. Providing identification, police verification, submitting employment documents, and gaining the landlord’s trust are not easy. Implementing a system like portable digital rental identity would allow tenants to share their past rental records digitally.

This will allow the new landlord to determine whether the individual paid rent on time, maintained the property, and their previous tenancy record. This can make it much easier for honest and responsible tenants to find a new home.

The major problem of landlords can also be solved.

Many landlords’ biggest concerns are whether a new tenant will be trustworthy, whether they will pay rent on time, and whether they will cause damage to the property. Portable digital rental identities could offer a solution to this problem. If landlords have access to a verified digital record of a tenant, decisions will become easier. Experts believe this could also reduce rental disputes and reduce landlords’ risk.

The problem of security deposit may also be reduced

In many Indian cities, renting a home requires a substantial security deposit. In some metropolitan areas, this amount can be equivalent to several months’ rent. Having a strong, portable digital rental identity can increase a landlord’s confidence. In such a case, reducing the security deposit amount or creating more flexible arrangements may be considered in the future. However, this will depend entirely on the landlord’s policies and local regulations.

Why is it important for Digital India?

India is rapidly moving towards a digital economy. Systems like Aadhaar, UPI, DigiLocker, and digital payments have made life easier for millions of people. Consequently, the need for digital transformation is being felt in the housing and rental sector as well.

Portable digital rental identities could be a significant step in this direction. This system can simplify, simplify, and expedite rental processes. It can also promote a culture of decision-making based on digital records.

What will be its main features?

If portable digital rental identity is widely implemented in the future, it may include the following features:

Digital tenancy history

Rent payment records

Landlord Ratings and Feedback

Digital Rent Agreement

Identity Verification (KYC)

Police verification record

Data portability on moving house

Secure data storage

These features can help alleviate many of the traditional problems associated with tenancy.

What challenges will have to be faced?

While the concept of a portable digital rental identity appears attractive, it also faces several challenges. The biggest challenge will be data privacy and security. It will be crucial to protect tenants’ personal information.

In addition, it will be necessary to ensure that false or misleading information is not recorded against any individual. Technical infrastructure, legal standards, and data protection regulations will also be crucial to the success of this system.

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Cabinet Decision: The central government has taken a major step to boost the country’s transportation and infrastructure. The Union Cabinet approved a package of ₹ 39,290 crore. This includes an ATF Price Stabilization Fund to provide relief to the aviation sector, a plan to replace old polluting trucks and buses in Delhi-NCR, new coastal highways, and several important road projects.

The government claims that these schemes will boost economic activities and provide better transportation facilities to millions of people.

Know what is the decision on ATF

The Cabinet has approved providing one-time budgetary support to oil marketing companies. The decision states that this assistance will not exceed ₹10,000 crore and is intended to help stabilize ATF prices for scheduled Indian airlines for their domestic and international operations.

The government believes this fund will help make the aviation sector more stable and competitive, while also reducing cost pressures on passengers.

Plan to replace old trucks and buses in Delhi-NCR

The cabinet also approved a special ₹ 5,041 crore plan to reduce air pollution in Delhi-NCR . Under this plan, older and more polluting trucks and buses will be phased out and replaced with BS-VI and electric vehicles.

According to Union Minister Ashwini Vaishnav, vehicle owners will also be given financial incentives to encourage them to replace their old vehicles. The main objective of this scheme is to reduce pollution levels in the capital region.

Four major highway projects were also approved.

The cabinet approved four major road projects across the country, covering Bihar, Telangana, Odisha, Tamil Nadu and Madhya Pradesh.

Major projects include:

Khagaria-Purnia National Highway section
Road widening projects in Telangana
Proposed coastal highway from Rameswaram to Paradip
National Highway Upgradation Work in Madhya Pradesh
These projects are expected to accelerate freight transport and boost regional development.

Coastal highway will increase connectivity

The government has also approved the development of a new coastal highway from Rameswaram to Paradip. This project will provide improved road connectivity to several states along the east coast. This will significantly benefit tourism, port-based industries, and business activities, and could also boost investment in coastal areas.

Congress-ruled Telangana is also elated

The central government has approved projects to widen and upgrade national highways in Telangana . The total length of this project is 190.76 kilometers and will cost ₹7597.16 crore. This project will primarily involve the expansion of two highway sections to four lanes.

The Armoor-Jagtial-Mancherial section of National Highway NH-63 will be converted to four lanes on a hybrid annuity model. Similarly, the Jagtial-Karimnagar section of NH-563 will be converted to four lanes on a BOT toll mode.

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Stock Market Crash Today 3 Jun 2026: The stock market turned cash-strapped as soon as it opened on Wednesday, June 3. Sensex and Nifty fell by almost 1 percent in the first five minutes of trading. Around 9:30 am, Sensex was trading at 73,846.63, down 803.21 points or 1.07%, while Nifty 50 index was trading at 23,266.05, down 217 points or 0.93%. However, today’s trading started with a slight decline. Sensex fell 142.11 points to open at 74,507.73, while Nifty 50 index slipped 67.6 points to open at 23,415.95.

These shares are trading in the green mark

Maruti Suzuki shares saw the biggest gains in early trading today. They rose 0.78%, while Adani Ports shares gained 0.29%. Asian Paints shares also rose 0.26%. Bharti Airtel, meanwhile, saw a modest gain of 0.08%.

These stocks fell sharply

On the other hand, Tata Consultancy (TCS) shares are seeing a sharp decline of 6.60%, while Tech Mahindra shares are also trading down 4.52%. Following this, Infosys shares are down 3.74% and HCL Tech shares are down 3.20%. Meanwhile, ITC shares are also trading down 2.68%.

Investors lost Rs 3 lakh crore

Growing uncertainty over the Iran-US tensions, continued selling by foreign investors (FIIs), and other negative factors have led to widespread pessimism among investors. This heavy selling has led to the total market capitalization of BSE-listed companies falling by more than ₹3 lakh crore in a single day. The market capitalization has now fallen to ₹459 lakh crore.

The market declined due to these reasons

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, said, “Due to escalating tensions in West Asia, Brent crude prices have again reached $97. India is unlikely to see any relief on the energy front. The rupee has fallen to 95.26 against the dollar. The rupee’s steady decline has been halted, but the widening current account deficit and continued withdrawals by foreign investors (FPIs) are a cause for concern. The market is closely monitoring any statement or action taken by the RBI on June 5th.”

On the other hand, the boom of South Korean and Taiwanese semiconductor giants continues. Major companies like Samsung, SK Hynix, and TSMC are poised to generate strong profits this year and next. Markets in the US and Japan are also buoyed by expectations of higher earnings.

He added, “But the situation in India is different. Corporate earnings growth will be modest in FY2027, as economic growth is slowing and inflation remains high. All these factors have impacted market sentiment. However, the silver lining is that retail investors are still investing. While the outflows by foreign investors are causing a significant setback, reasonable market valuations, the recovery in earnings in the March quarter, and strong inflows from domestic investors should support the market.”

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The central government on Tuesday appointed Prashant Sitaram Lokhande as the new chairman of the Central Board of Secondary Education (CBSE). He will replace Rahul Singh, who was removed from the post by the government the same day.

Lokhande’s appointment comes at a time when the government has transferred CBSE Chairman Rahul Singh and Secretary Himanshu Gupta, and also formed a one-member inquiry committee to investigate the procurement process of services related to the board’s on-screen marking (OSM) system.

The move follows a controversy in which some Class 12 students alleged that the scanned copies of their answer sheets uploaded by the board did not match their handwriting, raising questions about the reliability of the digital evaluation system.

Who is Prashant Sitaram Lokhande?

Prashant Lokhande is a 2001 batch IAS officer. He belongs to the AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territories) cadre. He previously served as Joint Secretary in the Department of Home Affairs, Ministry of Home Affairs. In March 2026, the Government of India promoted him to the rank of Additional Secretary in the same department. According to available information:

He was born in November 1973.

He holds a BE degree in Mechanical Engineering from the University of Pune.

He has done Post Graduate Diploma in Industrial Engineering from NITIE Mumbai.

He has previously held various important positions like Joint Secretary, Director, Deputy Secretary, Private Secretary, Counsellor, Deputy Commissioner and Secretary.

He has been awarded the State Award (Gold) twice for outstanding service.

He is proficient in English, Hindi and Marathi languages.

The Appointments Committee of the Cabinet (ACC) headed by Prime Minister Narendra Modi has approved his appointment.

What happened to Rahul Singh and Himanshu Gupta?

Former CBSE Chairman Rahul Singh has now been appointed Additional Secretary in the Ministry of Agriculture and Farmers Welfare.

Meanwhile, CBSE Secretary Himanshu Gupta (2012 batch IAS officer) has been sent back to his parent cadre i.e. Home Ministry due to administrative reasons.

The government has appointed Varun Bhardwaj, a 2008 batch Indian Information Service (IIS) officer and currently a director in the Ministry of Education, as the new CBSE secretary.

What is the OSM controversy of CBSE?

The controversy erupted when some 12th-grade students alleged that their answer sheets displayed on the CBSE portal did not appear to be their original copies. The board also faced criticism for the following issues:

Technical glitches

Payment issues

Delay in verification and re-evaluation

lack of transparency

Following these incidents, demands for accountability and investigation intensified.

What allegations did student Sarthak Siddhant make?

12th-grade student Sarthak Siddhanta presented a presentation before the Parliamentary Standing Committee on Education, raising the issue of alleged irregularities in the tender process related to the OSM system. He claimed that:

Some important conditions of the tender were changed.

Some rules related to the performance were removed.

The condition “previously blacklisted” was changed to “currently blacklisted”.

Some eligibility rules were amended.

Sarthak alleges that these changes benefited a particular service provider. He also suggested that the OSM system should be tested on a large scale before implementing it nationwide.

What are the allegations against COEMPT company?

Sarthak Siddhanta said that the company COEMPT, which won the contract for the OSM system, was previously known as Globarena and has a controversial past. He alleged that:

CBSE issued the same tender thrice.

Several important changes were made to the old and new tender documents.

Three conditions associated with poor performance were removed.

The time limit for corrupt practices was reduced.

Changes were also made in the project eligibility criteria.

Sarthak claimed that these changes indicated that COEMPT was given priority over larger companies. However, an official investigation into these allegations is currently underway, and the government has formed a committee to investigate the matter.

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The Public Provident Fund (PPF) is one of the most popular savings schemes in the country. Most people invest in it to save taxes. However, it’s a mistake to think of it solely as a government-guaranteed tax-saving scheme. It’s also an easy way to build substantial savings over the long term and earn tax-free returns. However, many investors overlook a small detail that could reduce their interest earnings.

Why is the 5th of every month important?

PPF interest is calculated based on the lowest balance in the account between the 5th of each month and the last day of the month. Therefore, if you deposit money on or before the 5th of a month, interest starts accruing from that month. However, if the deposit is made after the 5th, interest accrues from the following month.

At first glance, this difference may seem small. But with a 15-year plan like the PPF, this small precaution can make a big difference. Over the long term, you earn higher interest and benefit better from compounding.

Higher returns on investment in April

A maximum of ₹1.5 lakh can be invested in PPF during a financial year. If an investor has sufficient funds, they can deposit the entire amount in April. By doing so, the entire amount earns interest throughout the year, increasing the overall return on the investment.

However, most working individuals find it more convenient to invest monthly. The most important thing for such investors is to deposit their installments before the 5th.

You make this mistake unknowingly

According to experts, many people deposit money after the 5th of each month, unknowingly reducing their returns. Some investors also forget the annual minimum investment requirement. Many people misunderstand that the PPF interest rate remains the same for the entire 15 years.

To avoid these mistakes, you can use features like auto-debit or standing instructions. This ensures timely investment and avoids interest loss.

Important rules of PPF

PPF is a long-term savings scheme. It has a lock-in period of 15 years, meaning you have to wait 15 years to fully withdraw your invested amount. However, partial withdrawals are available from the seventh financial year, subject to certain conditions.

The minimum annual deposit required for this scheme is Rs 500. The maximum investment allowed in a financial year is Rs 1.5 lakh.

Interest rates are not always the same

Currently, PPF offers an annual interest rate of 7.1 percent. However, this rate is not permanent. The government reviews it quarterly and may make changes if necessary. Therefore, the interest rate may increase or decrease in the coming years.

How much money can be made in 15 years?

Based on current interest rates, a person depositing Rs 5,000 every month for 15 years could have a tax-free corpus of around Rs 15,000-16,000 upon maturity. If the monthly investment is increased to Rs 10,000, this amount could reach over Rs 30,000.

Investors who invest the full limit of ₹1.5 lakh annually could have a corpus of over ₹40 lakh after 15 years. However, the actual return will also depend on future changes in interest rates.

Account can be continued even after 15 years

A key feature of PPF is that it’s not mandatory to close the account after the 15-year term is complete. Investors can extend the account in blocks of five years. They can either continue with new investments or continue earning interest on the balance in the account without making any additional investments.

This allows savings to grow over a longer period of time and the benefits of compounding continue to accrue over a longer period of time.

A reliable option amid market volatility

Today, investors have a wide variety of investment options available. Many of these options promise high returns, but they also carry high risks. The strength of PPF is its simplicity and stability.

It’s immune to daily market fluctuations. For those who invest regularly over a long period of time, it remains a reliable option for building substantial savings. Furthermore, the investment, interest, and maturity proceeds are all tax-free, further increasing its appeal.

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Prices of Commercial LPG, 5-kg Free Trade LPG Hiked; International ATF Decreased

New cost updates for commercial fuel tanks took effect across the local market early Monday morning. Therefore, shop bosses must pay more cash for their heavy bulk supplies today. Big nineteen-kilogram blue tanks in Delhi now carry a steep price of three thousand rupees.

Consequently, local dining spots face slightly higher running bills for their daily kitchen work. Furthermore, business owners should check the latest public fuel charts to update their store budgets.

Smaller five-kilogram free trade supply tanks also saw a price hike this same week. However, common family cooking gas rates did not change during this fresh market shift.

Standard home lines remain at the old fixed rate of nine hundred rupees. Instead, the price change impacts only commercial eating spots like hotels and public food halls. Additionally, global aviation fuel rates dropped down slightly during the same period of time.

Right choices in energy management definitely help local shops balance their costs during market swings.

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Indane Gas, Bharat Gas, HP Gas LPG Cylinder Connections To Be Cut By June 30, 2026? Know New LPG-PNG Rules

The main LPG desk tightens law rules to favor piped gas lines this summer.

New fuel laws are finally taking place across the land this month. Therefore, the main desk wants a single gas link for each home. Global oil paths face major stress due to recent West Asian wars. So, shifting local homes toward piped grid choices has become a top goal. Folks should learn how these new fuel rules affect their kitchen setups right now.

Holding dual cooking fuel lines is now strictly banned under the fresh steps. However, many folks still keep both pipeline gas and tank links in their homes. Local teams will stop tank refills if your area has a working pipe. Instead, users must switch to the piped option to keep their fuel on. Additionally, using web booking tools helps avoid long lines at local shops.

The Thirty Day Rule for Surrendering Tank Connections

Recent changes to the fuel laws provide clear steps for all users. For example, folks must end their old tank links within thirty days of a pipe switch. This quick track helps the main supply firms manage their stock much better. Furthermore, you can claim a special paper slip when you close accounts. This slip allows you to restart tank links if you move later. So, mobile workers and renters can change towns without losing their fuel rights.

Will Your Gas Cylinder Supply Stop on July First?

State chiefs are urging folks to get pipeline links before mid-summer comes. For instance, some local zones set a clear ninety-day window for updates. This long plan officially ends at the very close of June. Therefore, your current tank supply could face quick blocks if you wait too long. Public oil firms must prioritize commercial spots like shops and food halls. Similarly, local teams need to expand pipeline webs into new streets fast.

Official Public Advisory and Smart Energy Habits

Smart choices take the stress out of daily home fuel plans. Therefore, citizens should always rely on safe state pages for correct gas news. Avoid making large panic buys of oil or gas tanks this week. Additionally, try to use electric stoves to lower your monthly kitchen costs. Saving power during the current global crisis protects your home budget lines. Web booking sites run very fast right now for all digital users. Protect your home link by following the latest laws this year.

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Everyone desires financial security after retirement. Fortunately, this doesn’t require a significant investment. If you start depositing ₹1.5 lakh annually into the Public Provident Fund (PPF) from the age of 30, you can build a corpus of approximately ₹1.54 crore by the age of 60. PPF is a government-run savings scheme that offers good interest rates and tax benefits.

How much return will you get?

If a person starts investing at age 30 and deposits ₹1.5 lakh every year until age 60, their total investment will be ₹4.5 million. At the current interest rate of 7.1%, this amount could grow to approximately ₹1.54 crore. Of this, approximately ₹1.09 crore would come from interest alone, while you would have invested only ₹4.5 million from your own pocket.

How is a fund worth crores created in PPF?

The biggest reason for this is compounding. You earn interest not only on your investment but also on the interest earned earlier. The longer you keep your money in PPF , the faster your fund will grow. Therefore, starting early is always considered beneficial.

The account is not closed after 15 years.

Many people think that the PPF account closes after the 15-year term is up. However, this is not true. After 15 years, you can extend the account in 5-year blocks and continue investing. This feature allows investments started at age 30 to last until age 60.

How to get more benefit from interest?

PPF interest is calculated on the minimum balance in the account after the 5th of each month. Therefore, experts recommend making annual deposits in early April, preferably before April 5th. This ensures interest accrual throughout the year and improves returns.

Tax relief too

The most special thing about PPF is that the investment, the interest earned and the entire amount received on maturity are all tax-free.

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Gemini Omni AI Model: The special thing is that this doesn’t require any editing knowledge. After uploading the video, simply provide a prompt in natural language. Gemini will handle the rest automatically. It can modify the model scene, change the visual style, add new elements, and refine the video clip.

How to edit videos with Gemini?

Editing videos with Gemini is incredibly easy. First, open the Gemini app and upload any video you want. Once the video is uploaded, type a prompt in the text box. In the prompt, you’ll need to specify what changes you want to make to the video or how you want to edit it. Gemini will then edit the video and show you the result in no time. If you don’t like the edited video, you can prompt and make the desired changes. Finally, review the result and save it. Videos can be edited using the Gemini app as well as its web version.

Gemini Omni is Google’s new multimodal AI model

Google announced the Gemini Omni model last month. The company describes it as a cinematic video generation and editing model that can understand text, image, audio, and video input. Users can upload videos, photos, drawings, or other reference material and create or edit new videos using spoken-language prompts. Unlike traditional editing tools, it eliminates the need to edit videos scene-by-scene. Users simply upload videos and provide prompts. The model automatically handles all the editing tasks. It remembers previous instructions, maintaining consistency across scenes, characters, and visual elements.

Users can create a digital version of themselves

Google says that this model allows users to create digital versions of themselves using their own voice and appearance. This means that users can upload their voice and appearance to this model to create their own versions. This version can then be used in videos.

Read More: Delhi-Gurugram connectivity to become easier, paves way for Najafgarh Road Link project

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ITR Filing 2026: ITR filing season has started. In such a situation, it is very important for those who have sold gold during the financial year 2025-26 to understand the tax rules. Many times investors keep an eye on the prices of gold, but ignore the tax rules.

Giving information in wrong category may also result in a notice from the Income Tax Department. The special thing is that the tax rules on physical gold, digital gold, gold ETF, gold mutual fund and sovereign gold bond (SGB) are different.

How is the tax on gold decided?

The profit made by selling gold is considered capital gain. The tax depends on the type of gold you bought and how long you kept it with you.

As per current rules, the long term capital gains (LTCG) tax on most gold investments is 12.5%. There is no benefit of indexation in this. Whereas Short Term Capital Gain (STCG) is taxed as per your income tax slab. Therefore, the tax burden on short term gains can be quite high for people falling in the 30% tax slab.

What are the rules on physical gold?

Physical gold includes gold jewelry, coins, bars, and bullion.

If you sell gold within 24 months of purchase, the profit will be considered short term capital gain and will be taxed as per your tax slab. But if the gold is held for more than 24 months, then 12.5% ​​long term capital gains tax will be levied on the profits.

Same rules on digital gold also

The popularity of digital gold has increased rapidly, but in terms of tax, it is treated like physical gold because there is real gold behind it.

Here too, if held for 24 months, the profit will be considered as short term gain and if held more than 24 months, 12.5% ​​LTCG tax will be levied. However, investors should also keep in mind that digital gold is not yet regulated by RBI or SEBI.

Why are Gold ETFs considered better?

Gold ETFs are very popular among investors who want to invest in gold without the worry of storage.

Their biggest feature is that the benefit of long term capital gain is available only after 12 months. If ETF units are sold within 12 months, the profits will be taxable as per the slab rate. If held more than 12 months, 12.5% ​​LTCG tax will be levied.

Gold Mutual Fund rules are different

Gold mutual funds generally invest in gold ETFs instead of purchasing gold directly.

A holding period of 24 months applies here for tax purposes. That is, if the unit is sold before two years, the profit will be considered as short term gain and will be taxed at the slab rate. If you hold more than 24 months, you will have to pay 12.5% ​​LTCG tax.

Biggest tax benefit in SGB

Sovereign Gold Bond (SGB) is considered to be the most attractive gold investment from tax point of view.

If an investor holds the bond for its full maturity i.e. 8 years, then no tax has to be paid on capital gains. However, different rules apply when selling before maturity. If sold within 12 months, profit will be taxable at slab rate. If held more than 12 months, 12.5% ​​LTCG tax will be charged.

Gold Futures and Options

The rules are different for those trading gold futures and options on commodity exchanges.

The profits arising from these are not considered capital gains but business income. Tax is levied on this as per the respective tax slab. In some cases, rules regarding record keeping and audit may also apply.

Is gold received as gift tax free or not?

In our country, it is common to get gold through marriage, family functions and inheritance.

There is no time tax on inherited gold. Similarly, gold received from close relatives like parents, spouse or children is also tax free. Gold received on the occasion of marriage is also completely tax free.

However, if gold worth more than Rs 50,000 is received from a non-relative without any payment, its value may be taxable under the head ‘Income from other sources’. Capital gains tax will be applicable separately on selling it later.

Can tax be saved on gold?

Under Section 54F of the Income Tax Act, in some cases, relief from LTCG tax can be availed by investing the amount received from selling gold in residential property.

However, tax experts recommend that all the conditions should be understood thoroughly before claiming such exemption.

Which gold investment is most tax friendly?

If seen solely from the tax perspective, sovereign gold bonds held till maturity are the most profitable as the capital gains on them are completely tax free.

Whereas among market based options, Gold ETFs are generally considered more tax efficient because in these, the benefit of LTCG is available only after 12 months. In comparison, investors in physical gold, digital gold and gold mutual funds have to wait for more than 24 months.

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The GST department has demanded ₹124.65 crore in taxes from the airline SpiceJet , citing its failure to file GST returns for several months. According to a report by news agency PTI, an official said the action was initiated against the airline for failing to file its GST returns on time. The GST department has issued a show-cause notice to cancel the company’s GST registration.

According to the GST department, persistent irregularities were observed in the filing of GST returns by SpiceJet. The returns were submitted late. Consequently, a provisional assessment was made under Section 62 of the CGST and SGST Act, 2017. Based on this, a total tax demand of ₹124.65 crore has been assessed for various periods.

How much tax demand for which month

According to the demand details released by the department, the tax demand for the month of November 2025 is ₹44.44 crore. Similarly, the tax demand for December 2025 is ₹43.79 crore, January 2026 is ₹12.19 crore, February 2026 is ₹12.10 crore and March 2026 is ₹12.12 crore.

According to PTI, GST officials said that a show-cause notice was issued on May 25, 2026, regarding the cancellation of the company’s GST registration. Despite this, the company has yet to file its pending returns. If SpiceJet does not immediately file its pending returns and ensure compliance with its statutory obligations under the GST law, further action will be taken as per the rules.

SpiceJet shares may fall on Monday

This new problem is expected to cause a major fall in SpiceJet shares on Monday, June 1. The stock closed at Rs 12.75 on the BSE on Friday, May 29. It has fallen by more than 70 percent in one year and about 60 percent in the year 2026 so far. The stock has weakened by 20 percent in 3 months. The share price is down by about 73 percent from its 52-week adjusted high. The company’s market cap is more than Rs 1900 crore. The promoters held 24.19 percent stake in SpiceJet at the end of March 2026.

The company has not yet released its results for the January-March 2026 quarter. SpiceJet reported a consolidated net loss of ₹261.38 crore in the October-December 2025 quarter. A year earlier, the company had a profit of ₹20.43 crore. Consolidated revenue from operations increased 14 percent year-on-year to ₹1,408 crore, compared to ₹1,237 crore in the December 2024 quarter.

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The month of June begins tomorrow. If you need to visit a branch next month to check your checkbook, update your passbook, or complete any important loan-related work, start your financial planning now. The Reserve Bank of India (RBI) has released the official holiday calendar for June 2026. Bank branches across the country will remain closed for a total of 11 days in June. This long list of holidays includes regular holidays on the second and fourth Saturdays, as well as Sundays. Bank employees will also be off on special occasions like Muharram and several regional festivals.

Due to these reasons, work will be stalled for 11 days.

According to RBI guidelines, bank holidays are divided into three distinct categories. In addition to national holidays, many holidays are based on state-specific festivals, directly impacting customers in that region. Looking at the June 2026 calendar, Sundays will be weekly holidays on June 7, 14, 21, and 28. Bank branches across the country will be closed on June 13, the second Saturday, and June 27, the fourth Saturday. The remaining holidays are determined by important local festivals in different states.

Check out the complete RBI holiday list

Digital banking will become a support

The 11-day bank closure doesn’t mean your daily transactions will come to a complete halt. The Reserve Bank has clarified that despite branch closures, digital services will remain available 24/7 for customer convenience. You’ll be able to use services like UPI, net banking, mobile banking apps, and ATMs without interruption. This will ensure you don’t face any problems with money transfers or bill payments. However, it’s best to complete tasks that can only be done at a branch in a timely manner.

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LIC launched its new Jeevan Sathi plan on Wednesday. The company has introduced a new plan in a new format that offers the benefits of both savings and insurance protection. LIC CEO and MD R. Doraiswamy launched the new Jeevan Sathi single premium and New Jeevan Sathi limited premium plans.

According to LIC, these are joint life insurance plans. This means that both husband and wife will receive insurance coverage under a single policy. The company states that these plans have been specifically designed with married individuals in mind to strengthen the family’s financial security.

Minimum insurance cover of Rs 3 lakh

According to the company, the minimum sum assured in this plan is ₹3 lakh. There is no maximum sum assured limit. However, approval for higher sum assureds will be granted in accordance with LIC’s board-approved policy. LIC stated that the minimum age for joining the plan is 18 years. The maximum age limit may vary depending on the customer’s chosen option. Customers will have the option to choose between both plans based on their needs and convenience.

Focus on family safety

Insurance experts believe that joint life insurance plans can be beneficial for families, as a single policy covers both spouses. This simplifies premium management and provides long-term savings. LIC says the new Jeevan Sathi plan could be a good option for those seeking future financial security and a safe investment.

Read More: CNG Rate Today: Petrol and diesel are emptying pockets, CNG is still the cheapest; know its latest price

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CNG Rate Today on May 29: Fuel prices in India were raised on Monday for the fourth time in ten days. Petrol prices were increased by ₹2.61 per liter and diesel by ₹2.71. State-owned oil marketing companies are raising rates in installments to offset ongoing losses.

How much has the price of petrol and diesel increased?

With this, the retail price of petrol in Delhi has risen to ₹102.12 per liter, while diesel is now priced at ₹95.20. Similarly, in Kolkata, petrol prices have risen to ₹113.51 per liter, and diesel is now priced at ₹99.82.

In Mumbai, the price of petrol increased to Rs 111.21 per liter, while diesel reached Rs 97.83.

In Chennai, petrol is selling for ₹107.77 and diesel for ₹99.55 per liter. In Delhi, petrol prices have now crossed the ₹100 mark. In several other metropolises, it is touching ₹110 or more. In Bengaluru and Hyderabad, prices have surpassed ₹110 and ₹115 per liter, respectively.

What is the government saying?

Meanwhile, the central government has stated that there is no fuel shortage in the country and that India has sufficient reserves to deal with the current global crisis. Union Petroleum Minister Hardeep Singh Puri has stated that if retail prices are not revised periodically, prolonged high crude oil prices could lead to significant losses for oil marketing companies.

CNG prices

How much has the price increased so far?

CNG prices were also raised across the country recently. In May, CNG prices were increased by ₹6 per kilogram within just 11-12 days. Indraprastha Gas Limited (IGL) and other oil companies increased prices four times this month.

May 15 – Rs 2 per kg

May 17 – Increase of Rs 1 per kg in Delhi

May 23 – Rate again increased by Rs 1 per kg in Delhi-NCR.

May 26 – Rs 2 per kg

However, even after the recent price hike, CNG remains cheaper than petrol and diesel. In Delhi, CNG is about ₹19 cheaper than petrol. Petrol costs ₹102.12 per liter in Delhi, while CNG costs ₹83.09 per kg. This represents a price difference of ₹19.03. The same applies to diesel, with a price difference of about ₹12.

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LPG Cylinder Rate Today on May 29: Escalating geopolitical tensions between Iran and the United States have raised concerns about energy supplies worldwide. In India, too, people have begun to worry about potential shortages or price increases for LPG and petroleum products. However, the government has clarified that there is currently no shortage of domestic LPG supplies in the country and that distribution is continuing as normal.

Officials have also urged people not to panic or believe rumors circulating about gas availability. Meanwhile, a significant difference remains between the prices of domestic and commercial LPG cylinders in many cities across India, as domestic LPG cylinder prices were increased by only ₹60 in March, while commercial cylinder prices were increased by a whopping ₹993 on May 1st.

City-wise gas cylinder prices

Oil companies still incur losses

It should be noted that the continuous increase in the prices of petrol, diesel, and CNG over the past 15 days has raised the possibility of an increase in LPG gas prices as well. This is because state-owned oil marketing companies (OMCs) are suffering significant losses due to rising crude oil prices in the global oil market. Oil marketing companies (OMCs) have raised petrol and diesel prices four times this month, resulting in a total increase of approximately ₹7.5 per liter.

On Monday, the central government said that despite the recent increase in fuel prices, state-owned oil marketing companies are still incurring a loss of around ₹600 crore every day. Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas, said, “Earlier, oil marketing companies were incurring a loss of ₹1,000 crore every day, but even after the recent price increase, the loss is still a little less than ₹600 crore.”

Read More: HOW MUCH HOME LOAN CAN YOU GET ON 15 LAKH OR 20 LAKH ANNUAL SALARY?

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How Much Home Loan Can You Get on 15 Lakh or 20 Lakh Annual Salary?

Lenders run dual background checks on monthly earnings and property market values to settle final loan caps.

Planning a fresh home purchase takes careful calculation. And first stable workers get fair interest rates. So now banks check your basic credit score. After that premium files unlock the lowest price deals. Plus weak records push up your total loan costs. Meanwhile underwriters run deep financial checks on your profile. So this guide shows your true borrowing range.

Lenders calculate total credit space using math limits. And first your net monthly pay shapes the deal. Plus existing loans lower your final approval volume fast. Then note that banks look at property values too. So buyers must save up for down payment steps. Meanwhile timely debt cuts keep your background tracking safely. So clean files help clear major funding requests.

Understanding the Dual Value Checks Every Major Lender Performs

Securing a massive home loan requires passing tests. And first banks compute your strict debt ratio limit. Next they check the official property value report closely. Then low risk homes secure higher funding parts easily. So you must balance your home budget before applying. Meanwhile specific rules apply based on your total loan size. Plus these standard checks protect banks from big losses.

Comparing Salary Capacity and Career Milestone Rules

Higher annual earnings increase your loan space fast. And first look at your exact career timeline today. So now young buyers can select longer payback terms. After that long terms reduce your immediate monthly charges. Then note that total interest costs grow over time. Plus age limits apply to self employed groups too. Target complete debt clearance to keep your score high. So take time to review your options.

Five Strategic Steps to Enhance Your Total Borrowing Limit

Improving your loan eligibility follows a clear action path. And first pay off small credit card bills. Next bring in a working partner as co-owner. Then share all extra side income rows with banks. So the team views your application very favorably online. Meanwhile clear your dues on time for six months straight. Plus quick updates help secure lower interest rate offers.

Final Summary for Smart Local Property Buyers

Good funding habits take the stress out of buying. And first check your main credit history report online. Next gather your tax return sheets before visiting banks. Then track local property registration charges in your town. So your family can move into a home smoothly. Meanwhile market trends look positive for fresh buyer groups. Plus these solid habits protect your home funding lines.

💬 Policy Announcement: Housing Finance Review Desk

“Look, the data from the bank check is clear as your ultimate loan approval hinges on your income check and property value tests,” a senior analyst stated online.

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EPFO Rules: If you work and your PF account is deducted from your salary, this is important news for you. Under EPFO ​​3.0, the rules for withdrawing PF (Provident Fund) are going to change significantly. The government is now focusing on simplifying and digitizing the system, so that employees don’t have to spend too much time and hassle withdrawing their funds.

The new update will offer services like 100% PF withdrawal, UPI withdrawal and auto-settlement, although its full implementation is still in process.

What do the new rules for 100% PF withdrawal say?

According to the proposed structure of EPFO ​​3.0, employees can withdraw a significant portion or all of their PF funds under certain circumstances. The new rules provide that up to 75% of the balance can be withdrawn immediately, depending on need, while the full 100% balance can also be claimed after a certain period of time or under specific conditions. Additionally, several old categories have been simplified and combined into a few categories, making the rules easier to understand and claim.

Withdrawal of PF will be easier with UPI and digital system

The biggest change in the new system is considered to be digital services. EPFO ​​3.0 will allow direct PF transfers to bank accounts via UPI, eliminating lengthy processes and paperwork. Furthermore, the auto-settlement limit has been increased, allowing more small and medium claims to be processed more quickly. This will reduce the need for employees to visit offices frequently.

When and under what conditions will the full PF money be received?

100% PF withdrawal is not available in every situation. This facility is primarily applicable for retirement, prolonged unemployment after leaving a job, or in certain circumstances. The government also aims to ensure a minimum retirement balance is always maintained to ensure future financial security. Furthermore, partial withdrawals will continue as before in cases such as medical emergencies, home purchases, or education. The new system now emphasizes making the PF withdrawal process simpler and faster.

When can I withdraw 50% to 75% of my PF funds?

Employees can withdraw approximately 50% to 75% of their total EPF corpus. However, there is a condition that at least 25% of the amount must always be maintained as a reserve balance in the account. This arrangement is designed to provide basic financial security for retirement and prevent individuals from exhausting their entire savings at once.

Auto-settlement limit

Additionally, the auto-settlement limit has been increased from ₹1 lakh to ₹5 lakh. This change will allow PF claims for important purposes such as medical treatment, education, marriage, and home purchase or construction to be processed within approximately three days. This will ensure faster access to funds for employees and reduce lengthy processing processes.

EPFO 3.0 is a major step towards making the PF system faster, digital, and user-friendly. While this will make withdrawals easier for individuals, the government also wants to ensure that adequate savings are secured for retirement.

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Silver Price Today: Today, Thursday, May 28, 2026, the price of silver is flat. Silver rates are trading at yesterday’s price. In states like Delhi, Uttar Pradesh, and Bihar, the price of silver has reached ₹2,84,900 per kilogram. This means that the price of 10 grams of silver is ₹2,849. If you’re planning to buy silver, find out the price in your city today.

Gold and silver prices continue to fluctuate. The international situation, crude oil prices, dollar movements, and ongoing US-Iran negotiations are now directly impacting the bullion market. Investors are currently cautious due to tensions between the US and Iran and the uncertainty surrounding the negotiations. This is why gold prices are trading within a narrow range.

He said that clear signals are not being received in the market right now, hence investors are avoiding making big bets. The market is also keeping an eye on the price of crude oil, US dollar and treasury yield. Meanwhile, silver prices saw a big fall on Tuesday. On MCX, the silver futures price for July 2026 fell by about 1.65% i.e. Rs 4,468 and closed at Rs 2,66,160 per kg. During trading, its price had reached Rs 2,63,272.

Not only the July contract, but silver futures contracts for September and December 2026 also saw weakness. The September contract fell by around Rs 3,991 and the December contract by Rs 4,491.

Silver rates in major cities of the country including Delhi and Mumbai

Silver prices are trading at Rs 2,84,900 per kg in Delhi, Mumbai, Ahmedabad, Kolkata, UP, Bihar, Chandigarh, etc.

Silver Rate in Chennai and Hyderabad

Silver prices in Chennai and Hyderabad are trading at around ₹289,900 per kilogram today. Prices in South India are higher than in North India.

Here is the silver rate in the bullion market on May 28, 2026

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West Bengal Government To Roll Out Annapurna Scheme With Monthly Aid Of 3000 Rupees For Women From June 1

The state team introduces a fresh social welfare plan to send monthly cash support directly to local bank accounts.

A major state welfare plan starts very soon. And first the local team cleared the cash rules. So now millions of women get monthly financial aid. After that the fresh payouts help lift family life lines. Plus the new order takes effect early next month. Meanwhile welfare teams are preparing the main web systems. So this big move changes regional support goals.

The state will send funds using direct tools. And first the cash moves straight to secure accounts. Plus your profile must link with official card checks. Then note that the system cuts out middle steps. So local families receive the full value fast. Meanwhile verification teams monitor the new data entries daily. So these safe checks keep the payout line clean.

Core Age Qualification Rules and Income Limits for Applicants

Securing the monthly cash requires meeting basic rules. And first applicants must fall in the right age brackets. Next regular tax payers cannot join the cash list. Then permanent state staff lines are blocked from entry. So the funds target families who need help most. Meanwhile local municipal bodies handle the early paper checks. Plus these strict limits keep the state budget balanced.

Automatic Migration Steps for Old Scheme Members

Existing welfare members move to the new plan fast. And first old account profiles shift over with no effort. So now active users avoid long form filing steps. After that specific groups face deletion from the lists. Then the rule blocks dead or missing voter lines. Plus people with active legal appeals keep getting cash. Merging old files keeps the database tracking cleanly. So check your profile status on the main portal.

How New Applicants Can Use the Web Portal on June First

Fresh applicants can apply online next week easily. And first a brand new web portal opens up. Next rural desk officers check the field papers carefully. Then urban administrators run matching data tests in towns. So final approvals depend on the district magistrate team. Meanwhile verified reports go straight to the online portal logs. Plus these steps secure a fair process for all.

Summary of Best Practices for Local Claimants

Smart steps ensure your cash arrives without any delay. And first double check your main card registration details. Next gather your age proofs before the portal opens. Then track your local village office notice board daily. So your family can secure the fresh benefits smoothly. Meanwhile regional managers expect normal runs all summer long. Plus these solid habits protect your home funding lines.

💬 Policy Announcement: State Welfare Review Desk

“Look, the data from the state order is clear as the new monthly cash plan is designed to help women achieve better security across all districts,” a senior official stated online.

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ATM Cash Not Dispensed But Amount Debited? 6 Steps You Should Take Immediately

Central banking rules protect your funds when cash machines fail to deliver your money during card transactions.

A failed cash machine transaction can cause great stress. And first technical errors can lock up your funds out of nowhere. So now card users must know the safety rules well. After that central guidelines protect your money across all local banks. Plus the system reverses most bad errors within a few hours. Meanwhile prompt action helps speed up the official file review. So this guide shows you how to act fast.

Your money stays safe even when tech systems fail. And first the network registers the machine error on its main logs. Plus the central desk sets a clear deadline for automatic refunds. Then note that your home branch must coordinate the payout steps. So you never need to panic during a sudden machine drop. Meanwhile tracking your paper files ensures a smooth fix later. So these step guidelines keep you totally safe.

Six Immediate Actions to Take When an ATM Fails to Give Cash

Following the right path secures your money very quickly. And first users must save the tiny paper slip immediately. Next take a quick phone photo of the error screen. Then call your main bank support line to log a claim. So the team will share a tracking ticket number fast. Meanwhile wait for the official five day return window to clear. Plus this plan solves the issue at early stages.

Branch Escalation Paths and Central Grievance Filing

Some difficult cases might require a formal branch visit. And first approach the main office desk with your slip. So now submit a formal written paper to the staff. After that ask the manager to escalate the claim line. Then users can use the central web grievance tool if delays persist. Plus an independent referee can review the banking dispute for free. Meanwhile national consumer forums handle the most severe case blocks. So you have multiple layers of public support.

How to Handle Disputes on Third Party Cash Machines

Using a different bank machine follows a specific rule line. And first you must contact your own card firm first. Next do not alert the bank that owns the actual machine. Then your personal bank tracks the transaction code across the network. So they handle the entire cross-checking process with outer desks. Meanwhile the shared network updates the balance files once checks clear. Plus this path keeps your profile safe.

Summary of Best Practices for Smart Card Users

Regular habits prevent long payout delays during tech drops. And first always verify your phone text alerts before leaving. Next check the cash slot for any physical block signs. Then keep a clean record of your monthly bank sheets. So you can catch old errors before deadlines run out. Meanwhile the overall safety system keeps working for card holders daily. Plus these simple habits protect your hard earned wealth.

💬 System Announcement: Central Banking Grievance Review Desk

“Look, the data from the network is clear as cash machine errors are technical in nature and funds remain claimable indefinitely under current rules,” a senior official stated online.

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Can You Still Claim Money From A Dormant Bank Account?

Forgotten savings still belong to you under official rules as central portals help trace old accounts fast.

A lot of bank savings sit unused today. And first the central bank tracks these old funds closely. So now users can trace their lost cash easily. After that rules state that the money stays yours forever. Plus special tools make the search very fast now. Meanwhile local branches handle the real payout steps. So this fresh setup helps thousands of families look for old wealth.

Accounts change status after two years of zero use. And first local desks label the file as quiet. Plus they block online app access for safety reasons. Then note that this step stops identity fraud entirely. So your savings stay safe from bad outer hacks. Meanwhile the cash shifts to a main central pool after ten full years. So you just need to clear basic checks to get it back.

Five Simple Steps to Trace and Reclaim Your Lost Bank Funds

The path to get your cash back is very clear. And first users must visit the central tracking site online. Next enter your main personal facts into the search box. Then look for your old account on the screen. So the portal displays matching bank names instantly. Meanwhile you can note down the old branch code. Plus this step starts your main recovery path.

Branch Verification and Submitting New Identity Forms

You must visit the original branch to claim the cash. And first ask the team for a recovery form. So now fill out your current address details clearly. After that provide a valid PAN card or [Identity Proof Redacted] for the desk checks. Then the branch looks at your original sign lines. Plus you may need family papers if you are a nominee. Meanwhile the staff runs deep background safety checks. So they make sure the right person gets the cash.

Essential Summary on Account Fees and Interest Rules

Quiet accounts still earn regular interest over the years. And first the central pool keeps adding basic gains to your total. Next you do not lose your core wealth over time. Then some local desks might charge small upkeep fees. So the final payout reflects those minor cuts. Meanwhile keeping your active files moving prevents these issues entirely. Plus one small deal a year keeps your bank line open.

Frequently Asked Questions on Lost Cash Rules

Many citizens ask about the exact rules for old wealth. And first banks cannot keep your money permanently. Next your personal credit score never drops due to a quiet account. Then digital banking features usually stay blocked until you show new papers. So an in-person branch visit is essential for total safety. Read on for more quick answers about your savings.

• Can legal heirs claim the cash? Yes, after showing proper certificates.
• Do joint accounts need both signs? Yes, in most standard cases.
• Can minor accounts go quiet? Yes, if zero transactions happen.
• Is a passbook mandatory? No, alternative papers work too.

💬 Official Policy: Central Bank Deposit Awareness Desk

“Look, the data from the portal is clear as the money will remain claimable by the depositor or their legal heir indefinitely under current rules,” a senior official stated online.

The post CAN YOU STILL CLAIM MONEY FROM A DORMANT BANK ACCOUNT? RBI SAYS YES — HERE’S HOW first appeared on Rightsofemployees.com.

Gold And Silver Price Today, 26 May: Retail Rates Drop In Delhi, Mumbai And Major Cities

Gold and Silver values slip on the main exchange today as global trade fears and high oil prices push market trends.

Local gold rates dropped down this morning. And first profit booking pulled the commodity charts lower. So now buyers see a dip in prices. After that rising global inflation worries kept investors on edge. Plus a firm dollar index made metals costly. Meanwhile traders wait for more global market updates. So this mix shifts the local trend fast.

The global commodity desks show mixed trends today. And first crude oil lines stayed near high peaks. Plus new defense updates hit the news lines early. Then note that this tension moved global trade funds. So tech shares in Asia saw mixed results. Meanwhile stock market ranks shifted across major regions. So these global changes affect local metal rates.

Retail Gold and Silver Rates Across Major Indian Cities

Local shops sell metal in different pure forms. And first twenty-four karat bars show maximum purity levels. Next twenty-two karat gold works best for heavy jewelry. Then retail prices vary slightly across different state zones. So you must check local city rates before buying. Meanwhile silver rates also dropped across all standard markets. Plus this step keeps you safe online.

Retail Metal Prices for New Delhi and Mumbai

The retail market reflects the main exchange drops. And first the New Delhi 24K gold rate sits at ₹158,640 per 10 grams today. So now the New Delhi 22K gold rate drops to ₹145,420 per 10 grams. After that the New Delhi silver 999 rate lands at ₹272,750 per 1 kg. Then the Mumbai 24K gold rate settles at ₹158,910 per 10 grams. Plus the Mumbai 22K gold rate tracks lower at ₹145,668 per 10 grams. Meanwhile the Mumbai silver 999 rate levels out at ₹273,220 per 1 kg. So both main hubs show softer charts.

Retail Gold and Silver Rates for Bengaluru, Kolkata and South Zones

Southern hubs show a similar price drop today. And first Bengaluru 24K gold trades at ₹159,040 per 10 grams. Next the Bengaluru 22K gold rate touches ₹145,787 per 10 grams. Then the Bengaluru silver 999 rate hits ₹273,440 per 1 kg. So the Kolkata 24K gold panel changes to ₹158,700 per 10 grams. Plus the Kolkata 22K gold line drops down to ₹145,475 per 10 grams. Meanwhile the Kolkata silver 999 rate matches at ₹272,860 per 1 kg. After that southern buyers can check the remaining state counters fast.

Retail Metal Prices for Southern Hubs and Kolkata

The southern retail lines are moving down. And first the Hyderabad 24K gold rate moves to ₹159,089 per 10 grams. Next the Hyderabad 22K gold board shows ₹145,823 per 10 grams. Then the Hyderabad silver 999 rate drops to ₹273,690 per 1 kg. So the Chennai 24K gold tracker hits ₹159,290 per 10 grams. Plus the Chennai 22K gold option costs ₹146,016 per 10 grams. Meanwhile the Chennai silver 999 value stays at ₹274,050 per 1 kg. So the full market feels the macro pull.

💬 Market Commentary: Commodities Desk Update

“Look, the data from the exchange is clear as profit booking and a rising dollar index push retail bullion metrics down,” a senior market analyst stated online.

The post GOLD AND SILVER PRICE TODAY, 26 MAY: RETAIL RATES DROP IN DELHI, MUMBAI AND MAJOR CITIES first appeared on Rightsofemployees.com.

Delhi Fuel Shock: Petrol Crosses ₹100 As New Hike Hits Pumps

Fuel rates jump by over ₹2 per litre in Delhi. Rates cross the century mark due to supply issues from the Iran war.

Fuel prices just took a sharp jump for Indian consumers. Specifically, state oil firms raised retail prices for the fourth time in 11 days. This happens as the Iran war creates tight oil supplies. Consequently, petrol in Delhi rose by ₹2.61 on Monday. The price now stands at ₹102.12 per litre.

In addition, diesel prices rose by ₹2.71. This brings the new diesel rate in Delhi to ₹95.20 per litre. These quick hikes follow four years of stable energy prices in India. For instance, the government cut rates before the 2024 elections. However, the current war in the Middle East forces local firms to pass on these costs.

City Wise Breakdown: New Petrol and Diesel Rates

The new prices vary across Indian cities. This happens because each state charges a different tax rate. As a result, consumers face different prices depending on their location:

Interestingly, global Brent crude fell below $100 a barrel on the exact same day. This drop seems to contradict our rising pump prices. However, local oil firms have a clear explanation. They absorbed huge losses for weeks to protect buyers. Therefore, this hike helps them recover their cash balance.

Why Are Pump Prices Rising Now?

The main issue stems from the Strait of Hormuz. For example, major local suppliers like IOCL, BPCL, and HPCL face high risk along this sea route. Since tankers cannot cross safely, firms must pay more for oil. Consequently, keeping old prices became too costly for them.

Furthermore, these hikes will soon impact daily store bills. Because trucks use diesel to transport goods, freight costs will go up. For instance, prices for basic foods like milk and bread are already climbing. To make matters worse, CNG rates in Delhi also rose by ₹1 over the weekend to reach ₹81.09 per kg.

💬 Expert View: What Lies Ahead

“These rate hikes give partial relief to oil firms. However, it does not solve the whole problem. Even if the war stops, shipping risks will take time to fade. Crude will likely stay above $90 a barrel. This pressures local firms, so more small price changes may come soon.” — Sourav Mitra, Partner, Grant Thornton Bharat

The post FUEL SHOCK: PETROL BREACHES ₹100 MARK IN DELHI AS MIDDLE EAST CRISIS TRIGGERS FOURTH HIKE IN 11 DAYS first appeared on Rightsofemployees.com.

The post PETROL, DIESEL, CNG PRICES HIKED FOR THIRD TIME IN 10 DAYS: CHECK NEW RATES IN DELHI, MUMBAI, KOLKATA, CHENNAI, BENGALURU first appeared on Rightsofemployees.com.

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The post FD Rate Update: Banks That Have Revised Fixed Deposit Interest Rates in 2026 first appeared on Rightsofemployees.com.

Annapurna Bhandar 2026: Following the formation of the new government in West Bengal, the state government has taken several important decisions. The Suvendu government in the state has announced the launch of the Annapurna Scheme for women. This scheme will replace the existing ‘Lakshmi Bhandar’ scheme in the state. Through this scheme, eligible women will be provided financial assistance of Rs 3,000 per month. This scheme will begin on June 1, 2026.

Previously, women received ₹1,500 per month through the “Lakshmi Bhandaar” scheme. Under this new scheme, ₹3,000 will be sent to women’s accounts every month through DBT.

According to the notification issued by the state government , the existing beneficiaries of the ‘Lakshmi Bhandaar’ scheme will be gradually included in this scheme, while applications for new beneficiaries will start from June 1, 2026 through the ‘Annapurna Yojana’ portal.

Which women will get the benefit of the scheme?

To benefit from this scheme , women must be permanent residents of West Bengal, belong to the economically weaker section, have a low annual income, be between 25 and 60 years of age, and have a Below Poverty Line ration card.

Documents required for Annapurna Yojana

Aadhar card
Ration card
Passbook linked to Aadhaar
Address proof
Passport size photo

How to register in Annapurna Yojana?

Currently, registration for the Annapurna Yojana has not begun in West Bengal. Once the official portal for the scheme is launched, eligible women will be able to register by entering their mobile number and ration card.

The battle for political legacy and the rise of Annapurna Bhandar

Those who closely follow Bengal politics know that the path to power here lies through the blessings of women. Mamata Banerjee firmly retained the state’s large female vote bank through the Lakhmir Bhandar scheme. Under that scheme, women from the general category received Rs 1,500 and women from the SC/ST category received Rs 1,700.

The new government of Suvendu Adhikari decided to completely change this narrative upon coming to power. Through the Annapurna Bhandar scheme, they not only increased this amount to ₹3,000 per month, but also carried a significant political and social message.

Read More: UPI ID: Your old UPI ID will empty your account, change this setting immediately

The post Annapurna Bhandar 2026: Annapurna Yojana will start from June 1, women will get Rs 3000 every month first appeared on Rightsofemployees.com.

Creating a new UPI ID is very easy and this is the reason why people create a new UPI ID whenever they want and do not care about the old ID. This often happens when people change UPI payment apps frequently and leave the old UPI ID active. Cyber ​​experts warn that your old UPI ID can cause huge harm. Some people believe that deleting a payment app also deletes the UPI ID created in it, whereas this is not the case. Just deleting the payment app does not delete the UPI ID present in it and if it falls into someone else’s hands, it will not take long for your account to be emptied.

Deleting the payment app does not delete your UPI ID.

There’s a common misconception that deleting a payment app means everything is gone. This is actually incorrect. Reports indicate that deleting an app only removes its interface from your phone, while your UPI ID, linked bank accounts, auto-pay mandates, and UPI Lite banking layer remain fully active in the background. Unless you manually deactivate or delete your ID from within the app , it remains alive in the banking system. ( REF. )

Why are old UPI IDs dangerous?

You may be aware that after a certain period of time, telecom companies sell inactive or deactivated numbers to someone else. If your old UPI ID remains linked to that number, the new owner may start receiving your banking transactions and alerts.

According to reports, in such a situation, fraudsters can hack into your account through SIM-swap. In such a situation, keeping your old UPI ID active always keeps a backdoor open to access your account. This is why it becomes necessary to deactivate the UPI IDs that you are not using.

How to keep yourself safe

• Currently, there is no universal dashboard to view the UPI ID across all apps, but you can check the ID linked to your number by visiting the official website of NPCI .
• You can also check which UPI IDs are linked to your number by going to the UPI section of your banking app.
• To be safe, unlink your bank accounts from old payment apps you no longer use. Then, permanently delete your UPI ID. Don’t forget to disable any active auto-pay mandates while doing so.
• If you are changing your number, then definitely get your new number updated in the bank.

The post UPI ID: Your old UPI ID will empty your account, change this setting immediately first appeared on Rightsofemployees.com.

Now major banking news breaks. Specifically, a top lender altered paths. Indeed, a fresh hybrid rule landed. Actually, it landed this Wednesday. Therefore, corporate office employee patterns change. In fact, bank executive boards shared terms. Actually, they modified current remote work time lines. Thus, the HDFC Bank hybrid work from home policy starts today. Nowbox, direct staff safety tasks start. In fact, teams claim huge system shifts. Specifically, it helps clear out peak fuel use. Simple as that.

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At a Glance: New Remote Work Operational Constraints — May 20, 2026

Now check the baseline steps. Actually, these specific values apply to multiple non-client facing support blocks. In fact, look at the metrics. Now review the targets.

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1. Deep Dive Into Eligible Corporate Roles

Now desk teams gain choices. Actually, the latest shifts require specific role classes. Indeed, they fit corporate support setup plans. Thus, see the real files.

The Chosen Staff Segments

• First, choose risk teams.

• Next, pick tech branches.

• Thus, shield treasury desks.

• Nowbox, check account staff lines.

• Furthermore, include human resource heads.

• Specifically, check legal division logs.

• In fact, find core compliance groups.

• Thus, keep customer desks live.

• Now, watch office traffic slip.

• Thereforebox, smart profiles claim better splits. Period.

2. Market Trends Across Private Banks

Now local brands study trends. Actually, financial firms track staff metrics before winter. Indeed, competitive hiring markets stay tight. Thus, tracking stays simple.

The Banking Industry Factors

• First, view past Axis rules.

• Next, check IndusInd model shifts.

• Thus, hybrid formats gain space.

• Now, two lakh workers watch.

• Furthermore, peer lenders add choices.

• Specifically, non-client roles move home.

• In fact, digital setups grow fast.

• Thusbox, top firms retain talent.

• Now, drop rigid daily commutes.

• Therefore, lenders demand high output. Period.

3. Mandatory Guidelines for Operational Balance

Now central banking units change rules. Actually, maximum home fields use custom checks. Indeed, strict client service checks apply here. Thus, check the fine print.

The Client Service Guidelines

• First, protect branch hours.

• Next, open front counters.

• Thus, drop remote teller plans.

• Now, pass fresh system speed tests.

• Furthermore, secure critical data files.

• Specifically, show active login sheets.

• In fact, unlock remote network paths.

• Thus, clear out system lag.

• Now, check daily trade logs.

• Therefore, branch work looks highly stable. Period.

4. Step-by-Step Implementation Protocols

Now viewing old rules looks simple. Actually, past systems tried fixed schedules. Indeed, fresh choices follow state goals. Thus, view the access paths.

The System Setup Methods

• First, open management logs.

• Next, note the call.

• Thus, rules hit thirty days.

• Now, see the quick test.

• Furthermore, managers track task updates.

• Specifically, workers log project charts.

• In fact, average savings look clear.

• Thus, short terms test output.

• Now, drop old desk bounds.

• Therefore, structural labor loops look tight. Period.

Frequently Asked Questions

Q: Why did the HDFC Bank hybrid work from home policy launch this week?

Now, leaders backed national fuel goals. Thus, it helps match energy needs. Actually, it launched on May 20, 2026.

Q: Can branch tellers work from home under this plan?

Actuallybox, no. The automated teller exemption stays active. Therefore, customer facing outlets remain open.

Q: Do these fresh rules hit all private lenders?

Actually, no. They hit major select peer lines. Thereforebox, individual corporate boards choose terms.

Q: Can managers review staff metrics inside the trial?

Since apps and local offices handle files, yes. Therefore, banks check system outcomes daily.

The Bottom Line

Now tracking how the HDFC Bank hybrid work from home policy operates optimizes your labor plans. While industry rules shift, smart balance holds firm.

Overall, the goal remains high work trust. Therefore, open inner corporate portals soon. Thus, review the active task pages! Meanwhile, estimate your weekly transit timelines! Lastly, stay wise and claim your office options early!

Schedules adjust. Work stays fluid. Period.

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The post HDFC Bank Hybrid Work From Home Policy Rolls Out Now first appeared on Rightsofemployees.com.

Now big news breaks. Specifically, a top firm changed apps. Indeed, a fresh cash tool landed. Actually, it landed on Monday. Therefore, retail pocket cash steps shift. In fact, firm boards shared data. Actually, they changed youth phone tools. Thus, Paytm Pocket Money UPI for teens launches today. Now, direct youth payments start. In fact, kids buy things with no cash. Specifically, it helps small student plans. Simple as that.

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At a Glance: Teen Digital Wallet Rules — May 18, 2026

Now check the new rules. Actually, these caps help kids with no bank files. In fact, look at the metrics. Now review the targets.

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1. Deep Dive Into Youth Freedom Features

Now young kids gain tools. Actually, the new app helps canteens. Indeed, they fit fast travel paths. Thus, see the real files.

The Base Freedom Benefits

• First, drop old paper cash.

• Next, use your own screen.

• Thus, pay for local rides.

• Now, buy food lines fast.

• Furthermore, order cabs on phones.

• Specifically, stop asking for text codes.

• In fact, get your own logs.

• Thus, track daily book costs.

• Now, buy items right away.

• Thereforebox, youth profiles claim solid tracks. Period.

2. Expanded Safety Handles for Family Heads

Now senior family heads save time. Actually, guardian tracks draw high view hooks. Indeed, safe locks keep risks low. Thus, tracking stays simple.

The Parental Safety Controls

• First, view all spend logs.

• Next, check the quick pages.

• Thus, watch minor student trends.

• Now, shift cap rules fast.

• Furthermore, type your safe keys.

• Specifically, cut off old user lines.

• In fact, drop linked links now.

• Thus, stop bad purchase plans.

• Now, guide early cash habits.

• Therefore, parents enjoy complete top tools. Period.

3. Mandatory Rules for Secure Circle Frameworks

Now main cash networks back tools. Actually, the shared file plans use top legal rules. Indeed, strict cap laws check links. Thus, check the fine print.

The Shared Account Framework

• First, note the circle tech.

• Next, pick one main bank.

• Thus, share your core handle.

• Now, skip all global links.

• Furthermore, block all card cash pulls.

• Specifically, use hard screen locks now.

• In fact, check background paper files.

• Thus, guard base retail funds.

• Now, read the official stock sheets.

• Therefore, small youth profiles stay safe. Period.

4. Step-by-Step Mobile Activation Steps

Now setting up your app takes clicks. Actually, screens allow direct name choices. Indeed, web systems speed up links. Thus, view the access paths.

The System Opening Paths

• First, touch the app store.

• Next, select the mobile contact.

• Thus, hit the pocket tool.

• Now, scan the minor code.

• Furthermore, type core card data.

• Specifically, write custom cash limits.

• In fact, confirm your main pin.

• Thus, send the digital note.

• Now, accept the link online.

• Therefore, account setup feels totally smooth. Period.

Frequently Asked Questions

Q: Why did Paytm Pocket Money UPI for teens launch today?

Now, it provides youth cash links. Thus, it cuts parent time gaps. Actually, it launched on May 18, 2026.

Q: Do kids need a separate bank?

Actually, no. It links to the parent bank. Therefore, young students use it fast.

Q: Can kids pull cash at shops?

Actually, no. Cash pulls stay blocked. Therefore, funds stay on digital lines.

Q: Can parents shift cap metrics fast?

Since apps use real-time tools, yes. Therefore, turn off links anytime.

The Bottom Line

Now tracking how Paytm Pocket Money UPI for teens operates helps your home fund. While tech fields grow, parent views stay.

Overall, the goal remains safe fund steps. Therefore, tap your phone app soon. Thus, try the new circle plans! Meanwhile, set lean youth cash caps! Lastly, stay wise and teach your kids smart finance loops!

Tools look ready. Options remain safe. Period.

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The post Paytm Pocket Money UPI for Teens: Setup & Limits Guide first appeared on Rightsofemployees.com.

Now major financial updates arrive online. Specifically, a public lender altered yields. Indeed, a fresh interest revision landed. Actually, it landed on Monday. Therefore, retail investment return patterns change. In fact, executive boards shared terms. Actually, they modified several plans. Thus, Bank of India hikes interest rates on fixed deposits today. Now, direct cash growth starts. In fact, users earn more. Specifically, it helps middle class savers. Simple as that.

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At a Glance: New Core FD Interest Rates — May 18, 2026

Now check the updated baseline returns. Actually, these specific cards apply to values below ₹3 crore. In fact, look at the metrics. Now review the targets.

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1. Deep Dive Into Standard Return Revisions

Now assets grow. Actually, rates rose. Indeed, gains look high. Thus, look at numbers.

The Base Return Tiers

• First, check year one.

• Next, it hits 6.5 percent.

• Thus, standard payouts climb.

• Now, check year two.

• Furthermore, it pays 6.6 percent.

• Specifically, check year three.

• In fact, it reaches 6.7 percent.

• Thus, your cash grows.

• Now, returns stay safe.

• Therefore, standard plans win. Period.

2. Expanded Payouts for Elder Age Citizens

Now elders win big. Actuallybox, older folks get more. Indeed, bonuses look great. Thus, savings rise fast.

The Elder Bonus Tiers

• First, look at seniors.

• Next, add fifty points.

• Thus, this helps mid-term files.

• Now, check super seniors.

• Furthermore, add sixty-five points.

• Specifically, check long plans.

• In fact, seniors get seventy-five points.

• Thus, super seniors get ninety.

• Now, cash yields surge.

• Therefore, elders get top care. Period.

3. Mandatory Rules for Non-Callable Premium Cash

Now large pools lock. Actually, bulk funds get extra. Indeed, strict rules apply here. Thus, track the terms.

The Asset Pull-Out Laws

• First, pass one crore.

• Next, choose locked options.

• Thus, stay for one year.

• Now, get fifteen extra points.

• Furthermore, early cash drops stop.

• Specifically, loans face hard limits.

• In fact, only open files allow loans.

• Thus, plan your needs well.

• Now, study the lock rules.

• Therefore, watch your fund tools. Period.

4. Modern Digital Portal and Branch Access Channels

Now setups look quick. Actually, portals process forms fast. Indeed, online tools help users. Thus, check the paths.

The System Opening Paths

• First, use the app.

• Next, open web accounts.

• Thus, avoid long branch lines.

• Now, online checks look smooth.

• Furthermore, move your cash fast.

• Specifically, view your receipts now.

• In fact, local offices stand ready.

• Thus, paper choices remain open.

• Now, choose your path.

• Therefore, portal bookings look simple. Period.

Frequently Asked Questions

Q: Why did Bank of India hikes interest rates on fixed deposits today?

Now, the bank updated medium options. Thus, it helps match current market steps. Actually, it launched on May 18, 2026.

Q: What is the highest standard rate offered?

Actually, the three-year block hits 6.7%. Therefore, it provides top basic yield values.

Q: Do super senior citizens get extra interest?

Actually, yes. They grab up to ninety basis points. Therefore, long terms bring maximum gains.

Q: Can I close non-callable files early?

Since those accounts carry lock rules, no. Therefore, choose callable files for easy exit steps.

The Bottom Line

Now tracking how Bank of India hikes interest rates on fixed deposits optimizes your passive income. While general market trends shift, fixed cash holds firm.

Overall, the goal remains steady asset security. Therefore, log into retail banking profiles soon. Thus, check the new calculation tools! Meanwhile, compare different timeline yield steps! Lastly, stay wise and maximize your regular interest earnings!

Rates are up. Returns look solid. Period.

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The post Bank of India Hikes Interest Rates on Fixed Deposits: Rates first appeared on Rightsofemployees.com.

Now major news arrives. Specifically, a policy shift occurs. Indeed, a big update landed. Actually, it landed on Saturday. Therefore, local governance rules alter. In fact, Chief Minister Naidu spoke. Actually, he shared the update. Thus, the official Andhra Pradesh population incentive scheme lives. Now, direct cash gifts launch. In fact, parents receive funds. Specifically, it rewards larger families. Thus, the plan helps birth rates. Simple as that.

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At a Glance: The AP Birth Incentive Framework — May 16, 2026

Now check the cash details. Actually, new guidelines arrive this month. In fact, look at the metrics. Now review the targets.

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1. Why Naidu Launched the Population Plan Today

Now the reason is clear. Actually, local birth trends drop. Indeed, the state feels concern. Thus, leaders want fast change. Now see the main motives.

The Strategic Motives

• First, state growth looks slow.

• Next, it hits 0.29 percent.

• Thus, the level looks low.

• Now, children mean real wealth.

• Furthermore, they are not burdens.

• Specifically, the state needs kids.

• In fact, funds help parents.

• Thus, cash rewards ease stress.

• Now, it solves future shortfalls.

• Therefore, larger families get aid. Period.

2. A Massive Historical U-Turn on Family Rules

Now this marks a shift. Actually, old rules focused down. Indeed, Naidu backed small units. Thus, times demand fresh styles. Now check the history change.

The Policy Evolution

• First, old laws capped growth.

• Next, welfare had strict limits.

• Thus, extra kids faced blocks.

• Now, those old limits die.

• Furthermore, the state wants expansion.

• Specifically, laws face big reviews.

• In fact, rewards replace old blocks.

• Thus, large families win now.

• Now, the state backs birth.

• Therefore, old rules are gone. Period.

3. Andhra Pradesh Demographic Realities and Figures

Now look at real numbers. Actually, the data points down. Indeed, the birth rate stays flat. Thus, action must start now. Now view the records.

The State Data Profile

• First, count the citizens.

• Next, it spans 5.4 crore.

• Thus, it sits at tenth.

• Now, look at national shares.

• Furthermore, it holds 3.76 percent.

• Specifically, check the total area.

• In fact, density hits 304 people.

• Thus, space allows for growth.

• Now, numbers demand quick fixes.

• Therefore, incentives start this month. Period.

4. The Broader Southern Political Context

Now politics plays a role. Actually, southern states track drops. Indeed, lower numbers hurt power. Thus, regional status needs safety. Now view the context.

The National Picture

• Firstbox, parliament plans seat shifts.

• Next, base numbers shape power.

• Thusbox, low growth brings risk.

• Now, states fear losing seats.

• Furthermore, Naidu leads this push.

• Specifically, he builds local balance.

• In fact, cash matches political goals.

• Thus, numbers mean political power.

• Now, everyone watches the results.

• Therefore, the policy holds weight. Period.

Frequently Asked Questions

Q: What is the Andhra Pradesh population incentive scheme?

Now, it is a state plan. Thus, it gives parents cash. Actually, it launched on May 16, 2026.

Q: How much cash goes to a third child?

Actually, parents receive ₹30,000 immediately. Therefore, a fourth child draws ₹40,000 cash.

Q: Is the plan active right now?