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Loan against PPF: Check borrowing limit, rate of interest and other details

Personal loan scams: 6 warning signs to watch out for

Personal loan fraud: Watch out for these warning signs before sharing personal and banking details

PPF maturity deadline missed? Here’s what happens to your money

PPF maturity: What happens if you miss the withdrawal deadline?

How to revive a discontinued PPF account? Reasons, resolutions explained

New Delhi: The Ministry of Statistics has proposed revamping the employment survey conducted regularly to assess labour market statistics. The changes particularly include highlighting gig worker demographics and measuring unpaid activities.The notice issued by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), invites suggestions from policymakers, researchers, academics, as well as the general public regarding the proposed modifications.India's gig work landscape has expanded in recent years and, according to the government's estimates from January 2026, has grown to account for over 2% of the total Indian workforce. Thus, platform-based work has emerged as a growing segment of employment.Moreover, a large section of society is engaged in unpaid activities, which may include producing goods for personal use, household and caregiving activities, volunteering, and training activities.According to ADP Research's People at Work 2026 survey, which included 39,000 adult workers across 36 markets, 24% of workers put in 16 hours or more of unpaid work every week.Even though the country has an overall literacy rate of 81.1% and unemployment at 5%, data on gig workers and unpaid labour may present a fresh picture of the workforce, including sections of underemployed people.Thus, the proposed revision of statistics highlights the need to restructure the strategy for analysing India's workforce, its employment patterns, and its engagement in different activities.The Periodic Labour Force Survey (PLFS) plans to modify its sampling design from January 2027, "when fresh samples for the two-year period 2027-2028 (new Panel 6) will be drawn from an updated sampling frame," the ministry said.Since the current arrangements did not adequately capture data on digital platform workers, the PLFS would add a separate category for them. As part of this change, questions will be asked in all urban and rural households.Moreover, new questions have been added to the survey to better measure unpaid activities undertaken by India's workforce aged 15 years or above.These changes come amid ongoing questions about the quality of employment in the country and the growing need to understand the changing patterns of employment and the different categories of work.The government had previously revised the PLFS sampling design to provide monthly, quarterly and annual estimates and enable the estimation of indicators at the sub-state level from January 2025.

Indias gig work landscape has expanded in recent years and, according to the governments estimates from January 2026, has grown to account for over 2% of the total Indian workforce. Thus, platform-based work has emerged as a growing segment of employment.

PLFS overhaul: Survey to track gig workers and unpaid work

PLFS overhaul: Changing employment patterns and the need for a revised survey design

New Delhi: The National Pension System (NPS) allows a person to accumulate a corpus for retirement throughout their earning life. For salaried employees, NPS has a provision for a corporate model, which includes contributions from both employers and employees. Thus, the funds of employees covered under the corporate model of NPS are linked to their employers as well.Confusion may arise in the case of a job change. One may wonder about the future course of their NPS journey and what would happen if the new employer does not offer the option of corporate NPS.It is thus important to know the sequence of events once a person resigns from an establishment. The Central Recordkeeping Agency (CRA) allots a Permanent Retirement Account Number (PRAN) to every NPS subscriber, which is linked to their account. PRAN helps facilitate the seamless transfer of retirement funds throughout one's employment journey without the need to switch accounts or withdraw money in the case of a job switch or a change in job sector, such as from the private sector to the government sector.It is a unique 12-digit number provided to an NPS subscriber that ensures the smooth transfer of the retirement corpus across different establishments and sectors. Even if the subscriber changes jobs, cities, or Pension Fund Managers, the PRAN remains the same throughout their life.Therefore, when an employee changes jobs, the accumulated funds remain invested in the same NPS account, and a new account is generally not required.When an employee resigns, the CRA records the shift or exit, which helps detach the PRAN from the corporate registration of the previous employer. This, however, does not affect the corpus in the account.The new organisation that the employee joins may or may not offer corporate NPS. If it does, the PRAN can be registered with the new employer, and contributions can continue from there.However, confusion arises if the employer does not offer corporate NPS. Subscribers must not withdraw the sum in haste, since the NPS account is linked to a PRAN that belongs solely to them. Therefore, the money in the NPS account will neither disappear nor reset.The subscriber also does not need to create a new NPS account under the All Citizens Model, as a person can have only one PRAN.Instead, the subscriber can shift the existing NPS account from the corporate sector to the All Citizens Model, under which they may continue making independent contributions to the account. This is known as Inter-Sector Shifting (ISS), which allows an individual to shift NPS accounts from one sector to another, including the Corporate, Central Government, State Government, and All Citizens models. The PRAN remains linked to the NPS account, and the existing corpus is not affected.Since NPS is a market-linked product and returns are generated on the available balance in the account, a change in sector or a gap in employment does not, in itself, result in the loss of the NPS amount.

Confusion may arise in the case of a job change. One may wonder about the future course of their NPS journey and what would happen if the new employer does not offer the option of corporate NPS.

Corporate NPS: Will your corpus change with your job?

Corporate NPS: What happens to the NPS corpus when an employee switches jobs?

Mumbai: The macroeconomic environment remains challenging, with crude oil emerging as a key source of uncertainty for domestic markets, analysts said on Saturday, as the Indian equities endured a challenging, holiday-shortened week, with benchmark indices extending their losses.Nifty 50 and Sensex recorded weekly declines of approximately 2.4 per cent and 2.2 per cent, respectively.Both benchmark indices extended their losing streaks to four consecutive sessions.The sell-off spread beyond large-cap stocks, with mid-cap and small-cap indices experiencing sharper declines as investors reduced exposure amid rising uncertainty, said market participants.The Nifty 50 ended the week under pressure, after declining for four consecutive sessions. Persistent selling has weakened the short-term technical structure, with the index struggling to sustain its earlier recovery.The immediate resistance zone is placed around 22,800, followed by 23,000, said analysts. For the Sensex, on the downside, 72,600–72,500 forms the immediate support zone.The broader market took the brunt of the de-risking, as valuation concerns and the unwinding of leveraged positions triggered a disproportionately sharp correction in mid- and small-caps, while large-caps held up comparatively better.Across sectors, IT was the lone pocket of resilience, recovering from early selling to end the week largely unchanged on improving earnings visibility and renewed investor appetite.However, rate-sensitive sectors such as consumer durables, metals and realty saw the heaviest selling as input-cost and margin worries resurfaced, said analysts.Brent crude oil rose to a six-month high on Friday. Brent futures gained 3.1 per cent to close at $116.72 a barrel, highest since April 29. US West Texas Intermediate added 3.8 per cent to settle at $103.27 a barrel.Brent added 6.2 per cent for the week, while WTI advanced 2 per cent for the week.According to analysts, sustained increases in crude prices could raise energy and transportation costs, weigh on consumption and intensify pressure on oil-sensitive sectors.

Nifty 50 and Sensex recorded weekly declines of approximately 2.4 per cent and 2.2 per cent, respectively.

Indian equities extend losses amid rising crude prices

Nifty, Sensex records weekly decline as rising crude creates uncertainty

New Delhi: Gold edged slightly higher on Saturday, currently standing at Rs 14,258 per gram for 24-carat purity on October 24, 2026. Rates for 22K and 18K gold are Rs 13,070 per gram and Rs 10,694 per gram, respectively.Yellow metal went up by Rs 10 for 24K purity, Rs 10 for 22K purity, and Rs 08 for 18K purity compared with October 23, 2026.Gold still remains under pressure due to elevated oil prices. Brent crude future for December on Friday hovered at a six-month high, settling up 3.1 per cent at $116.72 a barrel due to continued geopolitical tensions resulting from the US-Iran conflict and the recent escalation between the Houthis and Saudi Arabia.The surge came even after US President Donald Trump's decision to waive sanctions and tariffs on Russia, strengthening hopes of better diesel supply to the market. Yet, energy prices remain elevated, further prompting expectations of rate hikes in the coming sessions.Also, the US Consumer Price Index (CPI) data released on Wednesday, October 14, once again brought expectations of a Federal Reserve rate hike during the monetary policy meeting scheduled for October 27–28 on the table. The cost of gasoline surged, leading to a higher-than-expected spike in consumer prices in September.As per reports, Treasury yields rose sharply as the Consumer Price Index increased to 3.7% in September, up from 3.4% in August.Previous reports suggested lower chances of a rate hike during the October meeting after Federal Reserve policymakers indicated that “There is no need for urgency” following softer US data.Meanwhile, the ongoing conflicts involving the Middle East have continued to keep inflation fears high since the end of February.US inflation data and interest rates set by the Federal Reserve continue to influence the yellow metal's trajectory. When the dollar is stronger and interest rates are high, the yellow metal comes under pressure due to the increased opportunity cost of holding it.Gold continues to remain under pressure, as its trajectory is likely to be influenced by geopolitical concerns and energy prices, with the Federal Reserve's rate decisions further affecting its price.On a different note, festive buying across India is also playing a role in determining the cost of the yellow metal.Check prices across India:Delhi24K: Rs 14,273/g22K: Rs 13,085/g18K: Rs 10,709/gMumbai24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,694/gKolkata24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,694/g  Ahmedabad24K: Rs 14,263/g22K: Rs 13,075/g18K: Rs 10,699/g  Chennai24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,695/g  Hyderabad24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,694/g  Lucknow24K: Rs 14,273/g22K: Rs 13,085/g18K: Rs 10,709/gPatna24K: Rs 14,263/g22K: Rs 13,075/g18K: Rs 10,699/gBangalore24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,694/g  Bhopal24K: Rs 14,263/g22K: Rs 13,075/g18K: Rs 10,699/gPune24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,694/g    Thiruvananthapuram24K: Rs 14,258/g22K: Rs 13,070/g18K: Rs 10,694/g  Amritsar24K: Rs 14,273/g22K: Rs 13,085/g18K: Rs 10,709/gChandigarh24K: Rs 14,273/g22K: Rs 13,085/g18K: Rs 10,709/g

Gold still remains under pressure due to elevated oil prices. Brent crude future for December on Friday hovered at a six-month high, settling up 3.1 per cent at $116.72 a barrel due to continued geopolitical tensions resulting from the US-Iran conflict and the recent escalation between the Houthis and Saudi Arabia.

Check gold rates across the country on Oct 24

Gold rates remain stable on Oct 24: Check Prices in Delhi, Mumbai, and other cities

New Delhi: The Sukanya Samriddhi scheme is a government-backed savings scheme for girl children. Parents can open an account in the name of their girl child at any post office or designated commercial bank branch. The account can be opened with a minimum deposit of Rs 250. Further deposits must be made in multiples of Rs 50 with at least Rs 250 deposited every financial year. You can deposit a maximum of Rs 1.5 lakh in the SSY account in a financial year. Any amount deposited above this limit will not earn interest and will be refunded. Deposits can be made for up to 15 years from the date the account is opened. If you opened an SSY account when your daughter was young but have saved only a small amount, you can increase your savings by making additional deposits. You can grow your savings by changing how much you deposit, how often you deposit and when you make the deposits. The SSY interest rate is set by the government every quarter and is currently 8.2 percent per year. Suppose you have deposited Rs 60,000 every year into your SSY account for four years and now want to increase your annual investment to Rs 1 lakh. You can do this by depositing more money into your existing account. The scheme allows you to invest up to rs 1.5 lakh in a financial year.<h2>How to achieve Rs 1 lakh target: SSY Top-Up</h2>If you already deposit Rs 60,000 every year, you only need to add another Rs 40,000 to your existing SSY account to reach your annual investment target of Rs 1 lakh. You can deposit the money through cash, cheque or online transfer using your bank or post office.<h2>Sukanya Samriddhi A/c: No lock-in</h2>There is no fixed lock-in period for increasing your contribution. The increased amount will follow the standard SSY rules and continue to earn interest at the current rate of 8.2 percent per year.<h2>Sukanya Samriddhi A/c: Modify NACH limit</h2>If you use NACH for automatic payment, you can increase your monthly payment limit. This will allow your investments to continue automatically without the need to make deposits manually every month.<h2>Sukanya Samriddhi A/c: Calculate new amount</h2>To reach Rs 1 lakh in a year, you need to deposit about Rs 8,333 per month (Rs 1,00,000 ÷ 12 months = Rs 8,333.33). If you use NACH, you can submit a mandate modification request to increase your monthly auto-debit amount to Rs 8,333.<h2>Sukanya Samriddhi Top up: Calculation before and after top-up</h2>Phase    Years    Annual Deposit    Total Added    Balance Status Past Contributions    Years 1–4    Rs 60,000    Rs 2,40,000    Current balance is Rs 2.93 Lakh New Contributions    Years 5–15    Rs 1,00,000    Rs 11,00,000    Balance grows to Rs 25.18 Lakh Lock-in Period    Years 16–21    Rs 0 (No deposits)    Rs 0    Interest compounds to Rs 40.41 Lakh Your Total Principal Investment: Rs 13.40 Lakh (Past Rs 2.4 Lakh + Future Rs 11 Lakh) Estimated Interest Earned: Rs 27.01 Lakh Total Tax-Free Maturity Value: Rs 40.41 Lakh A guardian can open the SSY account for a girl child from birth until she turns 10 years old. The girl must be an Indian resident when the account is opened and remain a resident until the account matures or is closed. Only one SSY account can be opened for each girl child. Parents can open accounts for up to two girl children with exceptions for twins or triplets. The account can be transferred anywhere within India.

A guardian can open the SSY account for a girl child from birth until she turns 10 years old.

How to transition your initial Sukanya Samriddhi Account investment contribution to Rs 1 lakh?

How to transition your initial Sukanya Samriddhi A/c contribution to Rs 1 Lakh?

How to transition your initial Sukanya Samriddhi Account investment contribution to Rs 1 lakh? Options explained

New Delhi: India’s largest lender State Bank of India (SBI) on Friday said that account balances and funds of customers remain safe with the bank in the aftermath of a cyber attack incident, exposing 3,897 customer records on the dark web.SBI has issued statement on social media platform X. In an official statement titled, "Customer Safety &amp; Awareness – Important Update" SBI has informed its customers that the account balances are safe."Further to our earlier post regarding the recent cyber incident, the Bank has individually informed all customers, whose data was identified as being involved, through email and/or WhatsApp. We reiterate that your account balances and funds are safe with us," said SBI."Customers are advised to follow safe digital banking practices, never share their OTP, PIN or password with anyone, and remain vigilant against suspicious calls, messages and emails," State Bank of India further said. <blockquote class="twitter-tweet">https://t.co/lrIZtM5nnQ— State Bank of India (@TheOfficialSBI) <a href="https://x.com/TheOfficialSBI/status/2113516056203698242?ref_src=twsrc%5Etfw">October 23, 2026</a></blockquote><script async="" src="https://platform.x.com/widgets.js" charset="utf-8"></script> Earlier this week SBI experienced a data breach, with 3,897 customer records found exposed on the dark web. The bank said it had received communications from its Threat Intelligence Service Provider, the Defence Cyber Agency and CERT-In regarding an alert concerning suspected exposure of customer data. During preliminary analysis of approximately 375,000 records available on the dark web, 3,897 customer records containing Personally Identifiable Information (PII) were identified, the bank had said in an exchange filing.The exposed information reportedly included customers’ registered mobile numbers, dates of birth, names, gender, email addresses, residential addresses, branch and CIF identifiers, lead IDs and metadata associated with loan or lead records and other related files, it added.The state-owned lender said it promptly activated its cyber incident response and containment protocols and engaged an independent CERT-In-empanelled cybersecurity agency to conduct a comprehensive assessment and investigate the nature and extent of the alleged compromise.A detailed investigation is underway to establish authenticity and completeness of the exposed data, determine potential source and extent of exposure and assess associated risks, it said.With IANS Inputs

SBI has informed its customers that their account balances are safe with the bank.

State Bank of India data breach case: SBI says customer funds unaffected

New Delhi: Many parents who open a Sukanya Samriddhi Yojana (SSY) account for their daughter are unsure when it will mature. Those who open the account when their daughter is five years old or older often wonder whether they will receive the maturity amount when she turns 21 or whether they will have to wait until she turns 26. Here is what you need to know about the maturity date of an SSY account.<h2>Who can open Sukanya Samriddhi Yojna account?</h2>A Sukanya Samriddhi Account can be opened by a parent or legal guardian in the name of a girl child who is under 10 years old. The account can be opened at a post office or an authorised bank. It can also be transferred from one post office or bank to another anywhere in India. Investment in the Sukanya Samriddhi Yojana scheme is exempted under Section 80C of the Income Tax Act, 1961.<h2>What is minimum and maximum deposit limit in Sukanya Samriddhi Yojna?</h2>The SSY account can be opened with a minimum deposit of Rs 250 and a maximum deposit of Rs 1.5 lakh in a financial year. Deposits must be made for 15 years from the date the account is opened.<h2>How much interest is provided on Sukanya Samriddhi Yojna deposit?</h2>Under the SSY, your deposits earn a highly competitive, government-backed interest rate of 8.2 percent per annum. The interest is compounded anually which means you earn interest not only on your original deposit but also on all the interest you accumulated in previous years.<h2>When does Sukanya Samriddhi Yojna mature?</h2>The SSY account matures 21 years after the date it is opened. The account can be closed before the completion of 21 years for the marriage of the account holder after her attaining the age of 18 years. Withdrawal of up to a maximum of 50 percent of the amount is allowed for the purpose of education of the account holder.<h2>When will Sukanya Samriddhi Yojna mature if account opened when child is 5 years old?</h2>The maturity of SSY depends on the date it was opened and not the age of the girl child. The account matures 21 years after opening. For example, if you open the account when your daughter is 5 years old, it will mature when she turns 26. Deposits need to be made only for the first 15 years. After that the corpus continues to earn compound interest for the remaining six years without any additional deposits.<h2>How much will you get after 21 years of opening Sukanya Samriddhi Yojna?</h2>If you deposit Rs 60,000 every year for 15 years in the SSY, your total investment will be Rs 9 lakh. If the interest rate remains 8.2 percent per year then you could receive approximately Rs 28.75 lakh when the account matures after 21 years.<h2>Here how your money grows over time</h2>Total investment: Rs 9,00,000 (over 15 years) Estimated interest earned: Rs 19,75,417 Total maturity value after 21 years: Rs 28,75,417You only need to deposit money into the account for the first 15 years. The account matures 21 years after it is opened. Even after you stop making deposits, your savings will continue to earn interest for the remaining six years until maturity.

The SSY account can be opened with a minimum deposit of Rs 250 and a maximum deposit of Rs 1.5 lakh in a financial year.

The 21-year confusion: When does Sukanya Samriddhi Yojna mature? Explained

New Delhi: Shares of Ola Electric Mobility declined over 6 per cent on Friday after analysts downgraded the stock to sell from neutral and sharply cut its 12-month target price.In morning trade, the stock was trading at Rs 29.86 -- an intraday low so far -- on the BSE, down as much as 6.5 per cent after opening more than 2 per cent lower at Rs 31.50.The selling pressure came after analysts at leading brokerage Goldman Sachs cut their target price to Rs 23 from Rs 39.28, citing concerns over cash flow, funding requirements and market share.The brokerage said Ola Electric's path to sustainable free cash flow generation has become less clear due to high interest costs and capital expenditure requirements across its battery cell and electric two-wheeler businesses.These requirements come at a time when the company is expected to see an extended period of operating losses at current market share levels, it added.To meet current capex and interest servicing needs, Ola Electric would need its FY28 to FY30 revenue to be 3.6 times to 7.1 times its FY26 level, according to the analysts.This compares with a 55 per cent decline in revenue in FY26 over FY24, highlighting the scale of growth required.Moreover, the brokerage also flagged possible operating challenges in the battery cell business following the recent departure of its head.It has cut FY27 to FY29 revenue estimates by up to 10 per cent to reflect a more challenging market share environment compared to two-wheeler peers.Goldman Sachs said it could turn more constructive if a shift towards dealer-led sales and servicing revives the electric two-wheeler business and improves brand sentiment.The stock has fallen more than 40 per cent in the last 12 months and 16 per cent year-to-date.

In morning trade, the stock was trading at Rs 29.86 -- an intraday low so far -- on the BSE, down as much as 6.5 per cent after opening more than 2 per cent lower at Rs 31.50.

Ola Electric shares fall over 6% as analysts downgrade to sell

New Delhi: The Department of Economic Affairs (DEA), Ministry of Finance had issued guidelines for processing the cases of regularization of irregularly opened accounts under various National Small Savings Schemes through post offices.In a circular issued in August this year, the DEA introduced new guidelines to regularize irregularly opened National Savings Scheme (NSS) accounts, PPF accounts opened in the name of minors, multiple PPF accounts held by the same person and PPF accounts extended by Non-Resident Indians (NRIs). The guidelines also cover Small Savings Scheme accounts opened in the name of minors, except PPF and Sukanya Samriddhi Accounts (SSA), as well as Sukanya Samriddhi Accounts opened by grandparents who are not the child’s legal guardian.The DEA has issued guidelines explaining what will happen if more than two SSY accounts are opened in the name of a daughter or if an SSY account is opened by grandparents who are not the child’s legal guardians.(a) In the case of accounts opened under the guardianship of grandparents who are other than legal guardians, the guardianship shall be transferred to a person entitled under the law in force, that is, to the natural guardian (alive parents) or legal guardian.(b) If more than two accounts are opened in a family in violation of Para 3 of the Sukanya Samriddhi Account Scheme, 2019 then the irregular accounts shall be closed by treating it as an account opened in contravention to the scheme guidelines.The circular said that all post offices are directed to obtain PAN and Aadhaar details of the account holder(s)/guardian if not already available without fail and feed the same in the system before forwarding the regularization requests to this office.All post offices will take urgent action to identify such accounts and inform account holders of the approved guidelines through all channels. All circles/regions/divisions were requested to proactively track cases that need regularization so as to avoid inconvenience to account holders of the small savings schemes.<h2>Who Can Open Sukanya Samriddhi Account?</h2>A Sukanya Samriddhi Account can be opened for a girl child before she turns 10 years old. The account can be opened at post offices or at notified branches of commercial banks. The rate of interest is 8 percent per annum, calculated on a yearly basis and compounded yearly. A Sukanya Samriddhi Account can be opened with a minimum of Rs 250 and a maximum of Rs 1,50,000 in a financial year. Subsequent deposits are in the multiples of Rs 50. Deposits can be made in lump sums. There is no limit on the number of deposits either in a month or in a financial year.

The DEA has issued guidelines explaining what will happen if more than two SSY accounts are opened in the name of a daughter or if an SSY account is opened by grandparents who are not the child’s legal guardians.

Have you opened 2 Sukanya Samriddhi Accounts for your daughter? Check govt guidelines

Have you opened 2 Sukanya Samriddhi A/c for your daughter? Check govt guidelines

The government has announced that the interest rates for small savings schemes viz PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi Scheme will remain same for the third quarter of FY2026-27.PPF interest rate remains at 7.1 percent per year, meaning investors will continue to earn the same rate as in the previous quarter. PPF is a popular long-term savings scheme backed by the government. It helps people build a savings fund while enjoying tax benefits under the applicable rules.<h2>PF calculation for 5 years extension</h2>If members extend their account for another five years making the total investment period 20 years then they will have a total of around Rs 66.58 lakh. This includes Rs 30 lakh invested and Rs 36.58 lakh earned as interest.<h2>How Much Will You Get After 15 Years of PPF Investment?</h2>According to calculations, at the current interest rate of 7.1 percent per year, if members invest Rs 1.5 lakh every year in a PPF account for 15 years then their total investment will be Rs 22.5 lakh. At the end of 15 years, they will receive approximately Rs 40.68 lakh including Rs 18.18 lakh earned as interest.<h2>Withdrawal rules applicable to PPF</h2>PPF account holders can make one withdrawal each financial year after completing five years, excluding the year the account was opened. They can withdraw up to 50 percent of the balance from either the fourth year before the withdrawal or the previous year whichever amount is lower. If the account is extended with further deposits then members can withdraw once a year, up to 60 percent of the eligible balance. The account can also be closed before maturity under certain conditions.<h2>Lock-in (maturity) period and extension</h2>The PPF account has a lock-in period of 15 years. Account holders can extend it in blocks of five years. During the extension period, investors can withdraw money once every year. Members must extend the account within one year of its maturity. Members must deposit money at least once every year for the first 15 years and also during the extension period.<h2>Opening a PPF account</h2>Any resident individual can open a PPF account for themselves or as a guardian for a minor or a person of unsound mind. A person can deposit a minimum of Rs 500 and a maximum of Rs 1.5 lakh per financial year in the PPF account. Under the old tax regime, investors can claim a tax deduction of up to Rs 1.5 lakh per financial year.<h2>Interest rate on PPF</h2>The interest rate for PPF is 7.1 percent per year. Since the government has not changed the rate, investors will continue to earn the same interest as in the previous quarter.<h2>PPF Interest Rate 2026</h2>The central government has decided not to change the interest rates on small savings schemes. The PPF interest rate is 7.1 percent per annum for the October–December 2026 quarter.

PPF is a popular long-term savings scheme backed by the government. It helps people build a savings fund while enjoying tax benefits under the applicable rules.

How much return will PPF depositors get on 5 years extended period withdrawals?

PPF interest rates remain unchanged for Oct-Dec quarter: How much return depositors will get on 5 years extended period withdrawals? check calculation

New Delhi: Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme that helps parents build a financial fund for their daughters. The scheme encourages families to save for the educational, marriage and future needs of the daughter.<h2>Premature Closure in Sukanya Samriddhi Yojna</h2>In the unfortunate event of the death of the account holder, the account can be closed after submitting an application and the death certificate issued by the competent authority. The remaining balance and applicable interest up to the date of death will be paid to the guardian or eligible claimant. Interest for the period after death until closure will be calculated according to the applicable Post Office Savings Account rate. Premature closure may be considered in certain exceptional circumstances such as a life-threatening medical condition affecting the account holder or the death of the guardian. Supporting documents must be submitted. However, it must be noted that premature closure is generally not permitted during the first five years after opening the account.<h2>Sukanya Samriddhi Yojana Withdrawals</h2>An account holder can apply for a withdrawal of up to 50 percent of the balance at the end of the preceding financial year specifically for educational purposes. This withdrawal is permissible only after the account holder turns 18 or completes the 10th standard, whichever comes first. The account holder must submit an application along with supporting documentation such as a confirmed offer of admission or a fee-slip from the educational institution detailing the financial requirements. Withdrawals can be made either as a lump sum or in installments with a maximum of one withdrawal per year for up to 5  years.<h2>Maturity of Sukanya Samriddhi Yojna Account</h2>The SSY account matures upon the completion of 21 years of the account holder from its opening date. However, early closure is allowed under specific circumstances particularly if the account holder intends to marry before reaching maturity. In such cases, the account holder must submit an application and provide proof of age confirming that they will be at least 18 years old on the marriage date. This early closure can only take place within one month before the planned marriage and must be completed within three months after the marriage. After approval, the account holder can fill out an application form to withdraw the remaining balance along with the applicable interest whenever needed.<h2>Interest Calculation in Sukanya Samriddhi Yojana</h2>Interest is calculated every month based on the lowest balance in the account from the 5th day of the month to the last day. The interest earned is added to the account at the end of each financial year. Any amount of 50 paisa or more is rounded up to the next rupee while amounts below 50 paisa are disregarded. Interest is credited at the end of the financial year even if the account is transferred to another office.<h2>Managing Sukanya Samriddhi Yojna Account</h2>The parent or legal guardian manages the SSY account until the girl turns 18. This allows the gurdian to manage the savings for her education and other eligible future needs. After turning 18, the girl can manage the account herself by submitting the required documents.<h2>Minimum and Maximum Deposit required</h2>SSY accounts can be opened by parents for their daughters at any post office or designated commercial bank branch. The minimum initial deposit is Rs 250 and subsequent deposits can be made in multiples of Rs 50, provided that at least Rs 250 is deposited in a financial year. The total annual deposit limit is capped at Rs 1,50,000. Any excess amount will not earn interest and will be returned. Deposits can be made for a period of up to 15 years from the account opening date.<h2>Documents Required to Open Sukanya Samriddhi Account</h2>The following documents are generally required for opening an account: * Birth certificate of the girl child. * Identity proof of the parent or legal guardian as per RBI KYC guidelines. * Residence proof of the parent or legal guardian as per RBI KYC guidelines.<h2>How to Open Sukanya Samriddhi Account</h2>A parent or legal guardian can open an account for a girl child immediately after her birth until she turns 10 years old. Any girl child who is a resident Indian from the time of opening the account till the time of maturity/closure is eligible for the scheme. Only one account is allowed per child. Parents can open a maximum of two accounts for each of their children. However, there is an exception allowed for more accounts in case of twins or triplets. The account can be transferred to anywhere in India.

A parent or legal guardian can open Sukanya Samriddhi account for a girl child immediately after her birth until she turns 10 years old.

How to open Sukanya Samriddhi Yojana a/c for girl child? Deposit, withdrawal, interest rate explained

How to open Sukanya Samriddhi Yojana a/c for girl child? Details explained

New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) is considering requests from industry participants to extend the deadline for comments on its proposed insurance distribution reforms, according to a report.IANS report-- citing news sources -- reported that the regulator has not yet taken a final decision but is open to reviewing stakeholder representations and could grant extensions in select cases.IRDAI is currently evaluating feedback received on its consultation paper and is keen to ensure broad participation before finalising the framework, it added.Stakeholders are currently required to submit comments by October 25, while the proposed reforms are slated to come into force from January 1, 2027.The consultation paper released in September proposes sweeping changes to the way insurance products are sold and distributed in India.Key measures include product- and channel-specific limits on distributor commissions, a phased tightening of expense management norms for insurers, a simplified three-layer distribution architecture and provisions to recover commissions in instances of mis-selling.However, the proposals sparked sharp reactions across the insurance distribution industry, particularly among brokers and digital intermediaries.Shares of listed insurance distributors came under heavy selling pressure after the paper was released with PB Fintech -- the parent company of Policybazaar -- witnessing a steep decline.In addition, industry groups have stepped up engagement with the regulator in recent weeks.The Insurance Brokers Association of India (IBAI) met senior IRDAI officials last week and sought additional time to review and respond to the proposals, according to the report.IRDAI is seeking to gather views from all segments of the insurance ecosystem before taking a final call, the news report said adding that the regulator remains focused on implementing reforms within the proposed timeline and is also mindful of concerns raised by distributors, insurers and other market participants.The regulator's willingness to consider changes was signalled by IRDAI Chairman Ajay Seth earlier this month.Seth said the authority was open to modifying aspects of the framework based on stakeholder feedback and was examining suggestions, including the possibility of phasing in commission-related reforms.

IRDAI is currently evaluating feedback received on its consultation paper and is keen to ensure broad participation before finalising the framework, it added.

IRDAI open to extending feedback window on insurance distribution reforms

New Delhi: Private equity investment in India's real estate sector reached $6.1 billion across 55 disclosed deals in the first nine months of 2026, nearly matching the $6.9 billion recorded in the whole of 2025, a joint report said on Thursday.Data centres emerged as the largest investment destination with a 40 per cent share, while domestic funds contributed 42 per cent of the total inflows, according to a joint report by FICCI and Anarock.The report, titled 'The Changing Landscape of Real Estate Investment in India,' found that data centres attracted $2.5 billion, accounting for about 40 per cent of total private equity investments during the period, while office assets secured $1.7 billion.The inflow of capital in the first nine months of the year is already close to the $6.9 billion recorded during the entire calendar year 2025.If the current momentum continues, 2026 is expected to become the strongest year for real estate private equity investment since 2007, as per the report.A major trend highlighted by the report is the rapid rise of domestic investors. Investments by Indian funds climbed to $2.6 billion during the January-September period, compared with just $400 million in 2020.As a result, their share of total private equity investments increased to 42 per cent from 8 per cent six years ago.The report noted that domestic capital accounted for nearly 48 per cent of total inflows during the first half of FY27, three times its share in FY25.At the same time, foreign investors have continued to expand their presence, with overseas capital growing at an average annual rate of about 19 per cent between 2021 and 2025, reaching $4.9 billion.Investor confidence in ownership-based investments has also strengthened. Equity investments formed 83 per cent of total inflows in the first half of FY27, while the share of structured debt fell sharply to 16 per cent from 32 per cent in FY23, as per the report.According to the report, India's operational data centre capacity is expected to increase by around 30 per cent to 2,200 MW in 2026 and exceed 6.7 GW by 2030.

Data centres emerged as the largest investment destination with a 40 per cent share, while domestic funds contributed 42 per cent of the total inflows, according to a joint report by FICCI and Anarock.

India real estate PE investment hits $6.1 bn in 9 months, data centres attract 40%: Report

India real estate PE investment hits $6.1 bn in 9 months

India real estate PE investment hits $6.1 bn in 9 months, data centres attract 40 pc: Report

New Delhi: Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme that helps parents save money for their daughter's future. An account can be opened in the name of a girl child before she turns 10 years old.<h2>Sukanya Samriddhi Account for Girl Child Below 10 Yrs</h2>SSY can be opened in the name of a girl child till she attains the age of 10 years. The account can be opened at post offices and authorised branches of commercial banks. The rate of interest on SSY is 8.2 percent per annum, calculated on a yearly basis and compounded yearly.<h2>Sukanya Samriddhi Account Minimum/Maximum Deposit</h2>Parents or guardians can open an SSY account with a minimum deposit of Rs 250. The maximum deposit amount is Rs 1,50,000 per financial year. There are facilities for additional deposits in multiples of Rs 50. Deposits can be made in lump-sum. There is no limit on the number of deposits in a month or financial year.<h2>Is Aadhaar of the Parent/Guardian Mandatory for Opening SSY?</h2>Yes, Aadhaar is required for the parent or guardian opening the SSY account. If the parent or guardian has applied for Aadhaar but has not yet received it, proof of Aadhaar enrollment can be submitted to open the account. However, the Aadhaar number must be provided within six months of opening the account. If Aadhaar is not submitted within this period, the account will become inoperative until the Aadhaar is provided.<h2>Is Aadhaar of the Girl Child Mandatory for Opening SSY?</h2>No, Aadhaar of the girl child is not mandatory for opening a Sukanya Samriddhi Account. Parents can open an account in the name of their daughter using her birth certificate and the required documents of the parent or guardian.<h2>Documents Required To Open Sukanya Samriddhi Yojana Account</h2>The following documents are generally required to open Sukanya Samriddhi Yojana Account: Sukanya Samriddhi Account opening form. Birth certificate of the girl child. Address proof of the parent or guardian. Identity proof of the parent or guardian.<h2>Who Can Operate Sukanya Samriddhi Account On Behalf of Minor?</h2>A Sukanya Samriddhi Account can be opened by a parent or legally appointed guardian on behalf of a girl child who is under 10 years old. The account is opened in the girl's name while the parent or guardian operates it on her behalf while she is a minor. Under the scheme's rules, only one account is permitted per girl child.<h2>Sukanya Samriddhi Account Income Tax Benefits</h2>The Sukanya Samriddhi Account gives major tax benefits to the subscribers. Investments made in Sukanya Samriddhi Account are eligible for tax deductions under Section 80C of the IT Act. Eligible deposits qualify for a deduction of up to Rs 1.5 lakh per financial year. The interest that accrues against this account which gets compounded annually is also exempt from tax under Section 10 of the Income Tax Act. Eligible maturity and withdrawal proceeds are also exempt from income tax under the scheme's applicable rules.

Sukanya Samriddhi Yojana can be opened in the name of a girl child till she attains the age of 10 years.

Is girl child's Aadhaar mandatory for opening Sukanya Samriddhi Account?

New Delhi: Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme that helps parents save money for their daughters’ future. Regular deposits are accepted for this fixed-income investment and the scheme also offers interest on deposits allowing parents to build a fund for their daughter's education and other needs. Parents can deposit money into an SSY account through cash, cheque, demand draft or online transfer. To deposit money online, you need an India Post Payments Bank (IPPB) savings account. You can then use the IPPB mobile app to transfer money to your daughter's SSY account. How to Open Sukanya Samriddhi Yojana AccountParents can open an SSY account at a post office or an authorised bank that offers the scheme. Parents have to visit their nearest post office or authorised bank branch and complete the account-opening process for their daughter. Once the account is opened and parents have received the SSY passbook, they can proceed with online deposits. Sukanya Samriddhi Yojna: Step-by-step guide to transferring money online to your SSY account Here are the simple steps to deposit money into your Sukanya Samriddhi Yojana account online: * Download the IPPB app and register for an account. * Add money to your IPPB account from your regular bank account. * Open the app and go to the DOP Products section. Choose Sukanya Samriddhi Yojana. * Provide your SSY account number and customer ID. * Type in the amount you want to deposit and select the available payment or installment option. * You will receive a notification once the payment transfer via the IPPB mobile application is successful. These steps allow you to deposit money into your daughter's SSY account without visiting a post office every time. Sukanya Samriddhi Yojna: Digital payments App - DakPayCustomers of the IPPB and post office can now use the government-launched DakPay app for digital payments. It offers digital payment and banking services to customers with the support of India Post and IPPB. Using DakPay, customers can send money, scan QR codes and make digital payments to merchants and for various services. The app aims to make banking and digital payments easier and more accessible.

Parents can deposit money into an SSY account through cash, cheque, demand draft or online transfer.

Parents can make Sukanya Samriddhi Yojana deposit online; here's the step-by-step procedure

Parents can make Sukanya Samriddhi Yojana deposit online; check how

New Delhi: The National Land Monetisation Corporation (NLMC) of the Department of Public Enterprises (DPE) invited eligible bidders to participate in the e-tender followed by e-auction for the monetisation of a prime freehold land parcel belonging to HIL (India) Limited at Najafgarh Industrial Area on Rohtak Road, Shivaji Marg in New Delhi, an official statement said on October 09, 2026.This is the third e-auction publicly advertised by NLMC in the last two months, giving a thrust to the government’s land monetisation plans, according to the Finance Ministry statement.The approximately 5.119-acre land parcel, measuring around 20,722.93 square metres, is proposed to be offered for outright sale through a transparent and competitive electronic bidding process. NLMC is facilitating the monetisation process on behalf of HIL (India) Limited, the statement said.The reserve price for the property has been fixed at Rs 829.69 crore, with a minimum bid increment of Rs 1 crore per acre. An EMD of Rs 16.60 crore is required to be submitted by eligible bidders as part of the participation process.The monetisation process will be undertaken through a two-stage electronic process comprising e-Tender followed by e-Auction, providing eligible bidders an opportunity to participate in a structured and transparent asset monetisation process.The last date for registration, submission of the technical bid and submission of EMD/Bank Guarantee is November 19 at 2 p.m.Technical bids will be opened on November 20 at 4 p.m. A mock auction is scheduled for November 23. The e-auction date will be communicated after the opening of technical bids.A pre-bid meeting will be held on November 3, at 4 p.m. in Room No. 309, Block-14, Public Enterprise Bhawan, CGO Complex, Lodhi Road, New Delhi, to facilitate prospective bidders and clarify the bidding process.The sale will be undertaken on an "as is where is", "as is what is", "whatever there is", and "no recourse/no complaint" basis, as specified in the e-auction notification.The land area indicated in the press statement is provisional and indicative. The exact land extent will be determined through a joint survey to be carried out with the successful bidder, as specified in the auction notification.The e-tender and e-auction process is being facilitated through the e-Nivida platform, with RailTel Corporation of India Limited providing assistance relating to registration and the electronic auction process.Prospective bidders can access the Request for Proposal (RFP), detailed terms and conditions, eligibility requirements, registration details and participation-related information through the dedicated e-auction portal. The Official e-auction portal: nlmc.enivida.com while the NLMC website is: nlmc.dpe.gov.in

This is the third e-auction publicly advertised by NLMC in the last two months, giving a thrust to the government’s land monetisation plans, according to the Finance Ministry statement.

HIL land e-auction: Check reserve price and last date to register

HIL (India) land e-auction: Check registration deadline, reserve price and other details

New Delhi: The Employees' Provident Fund (EPF) is a government-backed, long-term investment tool for employees' post-retirement life. It comprises contributions of 12 per cent of the basic salary each from the employer and the employee. However, of the employer's 12 per cent contribution, 8.33 per cent goes to the Employees' Pension Scheme (EPS). The funds in the EPF account earn interest at rates prescribed by the government.Though EPF is meant for long-term investment to provide support after retirement, an employee may choose to withdraw the amount earlier in certain cases. These funds may enjoy tax benefits; however, withdrawal is not always entirely tax-free. The taxability of PF depends on the duration of service, fund size, and contributions. TDS deductions may also apply.Before applying for withdrawal, the employee must check the tax liability, which depends primarily on the years of continuous service. Under Section 10(12) of the Income-tax Act, the entire amount, including the employer's contribution, the employee's contribution, and the interest earned, is tax-free if the employee has completed five continuous years of service.Five continuous years of service does not imply that an employee must be associated with one employer throughout the period. Even if the employee changes jobs and the account is transferred from one establishment to another within five years, the service would be considered continuous.Tax implications apply when the withdrawal is made before the completion of five years of continuous service. As per the provisions of the Income-tax Act, PF withdrawal is taxed under the head "salary", and taxability varies by component.The law, however, provides exemptions in certain cases, and the employee may also claim tax deductions where applicable.Withdrawals made under certain conditions enjoy tax benefits:<ul><li data-list-item-id="e0d2f7537d7cbcc02f492542cd2f05e28">The employee's poor health condition</li><li data-list-item-id="e33350dc3644f1652cac851eb86ac7d58">Closure or discontinuation of the employer's business</li><li data-list-item-id="e32b6c4a916a25f634bf77e991d91b40f">Circumstances beyond the employee's control</li></ul>If the employee has not yet completed five years of service but qualifies under one of the mentioned conditions, TDS would not be deducted. TDS exemption will also apply if the withdrawn amount is less than Rs 50,000.<h2>TDS implications</h2>No TDS applies to the amount withdrawn, including the interest, after five years of continuous service.No TDS applies if the amount withdrawn is less than Rs 50,000 and the employee has yet to complete five continuous years of service.TDS is deducted at 10 per cent if the amount withdrawn is Rs 50,000 or more, PAN details are furnished, and the employee has not completed five continuous years of service. TDS applies at a higher rate if PAN details are not available.Partial withdrawals for specified purposes, such as education, housing, and marriage, are governed by different provisions.Employees with nil tax liability should submit Form 121 to avoid TDS on EPF withdrawals.

Though EPF is meant for long-term investment to provide support after retirement, an employee may choose to withdraw the amount earlier in certain cases. These funds may enjoy tax benefits; however, withdrawal is not always entirely tax-free.

EPF withdrawal: When is your PF taxable?

EPF withdrawal before 5 years: Know when your PF money attracts tax

New Delhi: For someone with a predetermined goal to be achieved within a fixed time, it is important to save money somewhere safe that can generate returns at the same time. More often than not, investors choose either a Recurring Deposit (RD) or a Systematic Investment Plan (SIP) because of the potentially higher returns the two can generate, with SIP carrying the potential of more gains with enhanced risks.RD and SIP both work on the principle of setting aside some money to invest each month. However, the nature of the investment and the growth of money differ completely. The returns are thus significantly different from each other.Where you decide to put the money depends on your goals, preferences, and appetite for risk. The core choice you would have to make depends on whether you prefer higher returns with potential risk or guaranteed but limited returns.<h2>Recurring Deposit</h2>As part of a Recurring Deposit, the investor puts a fixed amount into a bank or post office account. The returns are generated through interest, whose rate is fixed at the beginning. Thus, the total value of the corpus at the end of the tenure is predictable and guaranteed.<h2>Systematic Investment Plan</h2>SIP is a way to invest money in mutual funds rather than a tool of investment in itself. Under an SIP plan, a fixed amount goes into mutual funds at regular intervals. This pool of money is then allocated by fund managers to buy assets such as equity funds, hybrid funds, and debt funds, etc. An equity mutual fund invests money in shares. The returns are thus linked to the market and depend on the performance of the shares.Markets go through ups and downs. However, a longer investment tenure may give such short-lived fluctuations more time to even out and reduce the chances of loss. The trade-off with an SIP becomes apparent when share prices are down at the time the investor wants to redeem the money.<h2>SIP vs RD</h2>For someone with a fixed goal that is five years away, such as wedding expenses, a foreign vacation, or a car, an RD may prove to be a safer option with guaranteed returns. If the investment is well planned, keeping in mind the maturity period and the expected corpus by the end, someone who cannot deal with the highs and lows of the market should invest in an RD.However, the returns can be considerably lower than the gains from equity mutual funds. The limited returns would also be subject to tax under the applicable tax slab.An SIP might be suitable for someone who is experienced in market investments or can readily tolerate market volatility. For such a person, the prospect of higher returns is more important than the risk to the funds.Yet, for a fixed goal and with an adequate amount to invest every month, an RD would be a safer choice, while an SIP would be best for long-term goals and wealth creation.

RD and SIP both work on the principle of setting aside some money to invest each month. However, the nature of the investment and the growth of money differ completely. The returns are thus significantly different from each other.

SIP vs RD: Which is better for a 5-year goal?

5-year financial goal: Should you invest in SIP or RD?

New Delhi: India will see an emergence of shopping mall space in the upcoming years, with generational shifts and increasing interest among people in technology, design, and experiential outings.According to a report from JLL, over the next five years, Indian real estate developers may add 51.1 million sq. ft. of new shopping mall space, propelling the total shopping mall stock to 143.2 million sq. ft. by the end of 2031.India recorded gross leasing volumes of 6.3 million sq. ft. in the first half of 2026. India’s retail stock reached 92.1 million sq. ft. across the top seven cities, with a vacancy rate of 11.2 per cent as of June 2026.The report further suggests that the major factors driving the probable expansion are evolving consumer demand, the influx of international brands, and the expansion of domestic brands.Moreover, 56 per cent of the total upcoming mall supply would comprise large-format malls catering to customers seeking experiential and destination shopping. More than half of the retail supply would be concentrated in Delhi and Hyderabad.“The shift toward large-format, experiential destinations signals a fundamental transformation in how consumers engage and how consumption patterns are evolving with changing generational preferences,” said Saket Amrit, Head of Retail Services, India, JLL.Entertainment, F&amp;B, and services would account for nearly one-third of the upcoming supply.The nature of the expansion and allocation of supply is a means of catering to consumers with changing preferences. The supply is extending beyond traditional commerce and incorporating lifestyle destinations that blend technology, design, and experience. These assets, which are expected to emerge as commercial engines in the upcoming retail ecosystem, would comprise approximately 28.7 million sq. ft. Technology and design would be key differentiators, offering a blend of lifestyle, leisure, and legacy.These large-format developments will allocate approximately 30–35 per cent of their space to entertainment, food and beverage, and services categories, adding nearly 9–10 million sq. ft. of space for these three categories alone to go beyond traditional commerce.India will also witness the emergence of next-generation neighbourhood malls through 2031, though their share will remain limited to 15 per cent of the upcoming supply, at approximately 7.9 million sq. ft.India's top three listed developers currently own approximately 14 per cent of operational retail stock in Tier 1 markets as of H1 2026, and their share in operational mall stock may expand to nearly 21 per cent by the end of 2031.The top ten developers are projected to account for 44 per cent of the total shopping mall stock by 2031, the report noted.(With inputs from IANS)

The report from JLL said that the significant expansion is driven by surging consumer demand, a strong influx of international brands and expansion by domestic brands.

Large malls to dominate retail ecosystem  by 2031

Large malls to dominate retail ecosystem; 51.1 million sq. ft. mall space expected by 2031

New Delhi: A Fixed deposit (FD) is not usually the first choice of an investor seeking high returns and wealth growth. A person chooses FD to keep some money aside for different purposes while getting decent gains on it. Choosing a single FD to put away all your money may not be the best option since it may lock-in the entire amount in one place, restricting the liquidity and limiting the returns.The corpus would grow as per the interest rate applicable under that particular FD, affecting the growth potential of investor's money. Therefore, one may consider FD laddering to ensure liquidity while distributing the corpus across different FDs for savings, even with modest returns.FD laddering is a strategy which includes dividing the corpus into portions that go into multiple FDs with different tenures and interest rates. It enables liquidity of funds through different tenures, without having to break the deposit and withdraw the entire sum. While one of the FDs matures, others are still locked in as they continue generating interest.<h2>WHY NOT A SINGLE FD?</h2>Breaking the deposit would be the only option left when there is an urgent need of money but all the money is invested in one FD. This may disrupt the person's savings and investment plans.Laddering is better than investing the money in a single FD for a long tenure, otherwise the entire sum would be out of reach and generate returns at a uniform interest rate, thus limiting the scope. In case of urgent need, you would need to make a premature withdrawal, which carries a penalty of around 0.5-1 percent on the applicable return rate.FD laddering also allows investors to take advantage of changing interest rate cycles. An investor can assess the rate cycle and lock in at the peak time which can be repeated with all the portions. Even if that does not happen, the money is exposed to different interest rates.<h2>FD LADDERING STRUCTURE</h2>Suppose an investor has a sum of Rs 5,00,000 to invest, which can be divided into 1-year, 2-year, and 3-year FDs. They may allocate the lump sum across these tenures:-- Rs 1 lakh: 1-year FD -- Rs 2 lakh: 2-year FD -- Rs 2 lakh: 3-year FDAlternatively, FDs with short maturity periods of a quarter or 6 months can be choosen if the money is needed for a near-term goal.-- Rs 1 lakh: 6-month FD -- Rs 1 lakh: 1-year FD -- Rs 1 lakh: 2-year FD -- Rs 2 lakh: 3-year FDEither way, the money is constantly growing in other deposits even when one of them matures and is withdrawn.Following the maturity of one portion, the person may reinvest it in another FD.

The corpus would grow as per the interest rate applicable under that particular FD, affecting the growth potential of investors money. Therefore, one may consider FD laddering to ensure liquidity while distributing the corpus across different FDs for savings, even with modest returns.

How to withdraw money without breaking your FD

FD laddering: How to earn returns and withdraw money without breaking your FD

New Delhi: The National Pension System (NPS) allows subscribers to build a retirement fund through regular contributions. Enrolling in the scheme usually requires one to visit a branch, complete paperwork, or register online through the NPS portal. However, both processes consume time and might feel complicated. Therefore, the NPCI BHIM Services Limited (NBSL) announced the Tatkal NPS service on the BHIM payments app.<h2>What is Tatkal NPS?</h2>Regulated by the Pension Fund Regulatory and Development Authority (PFRDA), NPS is a government-backed scheme that aims to provide financial security to subscribers post-retirement by setting aside a small portion of their earnings to accumulate in the pension fund. The returns are linked to the market and may differ from one year to another.Traditionally, the procedure for opening an NPS account involves visiting a branch and completing paperwork.Tatkal NPS is a facility that allows users to create an NPS account without needing fresh paperwork or a branch visit. People can now use BHIM's Unified Payments Interface (UPI) service to enrol. However, subscribers must have bank-verified KYC.To open the account, one has to enter the date of birth, select the eligible bank account, and make the first contribution.PFRDA Chairperson S. Ramann said that UPI had transformed the way India pays and that Tatkal NPS could transform the way India prepares for retirement."With just three clicks, any eligible citizen can open a pension account through our partnership with NPCI, banks and UPI apps. Our mantra is simple: Grow rich before you grow old. And we want this message to reach every street, every village and every Indian," Ramann added.<h2>Who can open the account?</h2>Any eligible Indian citizen aged between 18 and 85 years can enrol in the scheme through the Tatkal NPS facility available on the BHIM payments app. The person has to begin with a minimum contribution of Rs 250.<h2>Banks available on BHIM</h2>State Bank of IndiaHDFC BankICICI BankAxis BankIndusInd BankBank of BarodaMore banks will subsequently be added, according to NPCI BHIM Services Limited.Lalitha Nataraj, Managing Director and CEO of NBSL, said, "UPI has already become a daily financial behaviour for hundreds of millions of Indians. The next opportunity is to improve access to products such as NPS. Tatkal NPS on BHIM addresses the first barrier, getting started, by allowing eligible users to open an NPS account directly through a UPI app. Tatkal NPS now enables eligible users to open an NPS account through the app, extending BHIM's role from facilitating contributions to supporting NPS onboarding."(With inputs from IANS)

Regulated by the Pension Fund Regulatory and Development Authority (PFRDA), NPS is a government-backed scheme that aims to provide financial security to subscribers post-retirement by setting aside a small portion of their earnings to accumulate in the pension fund.

How to open NPS account at home through Tatkal NPS

'Tatkal NPS' on BHIM payments app: Open your National Pension System (NPS) account at home

New Delhi: India's healthcare real estate sector needs expansion as the country currently has 1.6 bed per 1000 persons which lags behind the global average of 3.3 bed per 1000 persons.CBRE South Asia's report reveal India needs 2.9 million incremental hospital beds to match the global benchmark for healthcare infrastructure. Consequentially, the country has to widen the healthcare real estate by an additional 2.6 billion sq. ft. by 2035 which currently stands at 2.1 billion sq. ft."The requirement presents a significant opportunity for developers, investors and healthcare operators to create purpose-built and scalable healthcare assets across markets," the report said.Healthcare investment is increasingly shifting towards specialised facilities, day-care formats and acquisition-led expansion. Southern states such as Andhra Pradesh, Telangana, Tamil Nadu, Kerala, and Karnataka have higher existing healthcare infrastructure relative to their non-communicable disease (NCD) burden.Chhattisgarh, Odisha, Madhya Pradesh and Jharkhand have low bed density relative to non‑communicable disease burdens, while Karnataka, Kerala, Tamil Nadu and Telangana have stronger infrastructure and household incomes, supporting further expansion of specialised healthcare facilities and medical ecosystems.“Healthcare is emerging as one of India’s most consequential real estate opportunities, not simply because demand for care is increasing, but because the country needs a far deeper and more distributed physical healthcare network,” said Anshuman Magazine, Chairman and CEO, India, South-East Asia, Middle East and Africa, CBRE.“Built-to-suit (BTS) structures can play an important role in addressing this requirement by providing operators with specialised, purpose-built clinical infrastructure aligned with their operational and regulatory needs," he said.This would allow healthcare providers to direct more capital towards clinical services, medical equipment and technology, while offering property owners greater income visibility through long-term leases, he added.Beyond conventional hospitals, the sector is also witnessing the growth of diagnostic centres, day-care surgery centres, wellness and preventive healthcare formats, including health screening centres, rehabilitation clinics, eye-care centres, IVF centres and vaccination facilities, particularly in urban locations.Due to the highly competitive landscape in certain cities, operators are increasingly evaluating existing hospitals to enter established markets faster, leveraging operational infrastructure, licences and patient networks, the report noted.

The requirement presents a significant opportunity for developers, investors and healthcare operators to create purpose-built and scalable healthcare assets across markets, the report said.

India needs 2.9 mn more hospital beds: CBRE

India needs 2.9 mn more hospital beds, 2.6 bn sq ft of healthcare space by 2035: CBRE

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Will govt announce DA hike for central govt employees before Diwali? All eyes glued to Cabinet decision

Will govt announce DA hike for central govt employees before Diwali?

Personal finance

Real Estate

Business

Pain while climbing stairs? Experts reveal what your knees are trying to tell you

Karwa Chauth 2026 city-wise moonrise timings: Delhi, Mumbai, Bengaluru schedules & evening puja muhurat

Karwa Chauth 2026 moonrise timings: Check city-wise timings, puja muhurat & more

Quote of the day by Vijay Deverakonda, 'The more you are...'

MS Dhoni issues health advice to Gen Z: Warns against high-carb diets, lifestyles and fast-food habits | VIDEO

MS Dhoni issues health advice to Gen Z: Warns against high-carb diets | VIDEO

Valmiki Jayanti 2026: Date, history, significance, and 51 meaningful wishes to share on Ashwin Purnima

Valmiki Jayanti 2026: Date, history, and 51 wishes to share on Ashwin Purnima

Lifestyle

Tarot card reading for October 27, 2026: Begin working towards a more stable future

Numerology Horoscope Prediction Today, October 27, 2026: Remember that empathy explains behaviour

Numerology Prediction, October 27: Remember that empathy explains behaviour

Dialogue of the day from Cast Away, ‘Tomorrow the sun will rise...’

Horoscope today, October 27, 2026, by Astrologer Sundeep Kochar: Libra, your surroundings influence your mood

Horoscope today, October 27: Libra, your surroundings influence your mood

Weekly Health Horoscope for October 26 - November 1, 2026: Avoid putting unnecessary strain on your knees, zodiacs

Weekly Health Horoscope for Oct 26-Nov 1, 2026: Avoid putting strain on your knees

Astrology

Ducati Formula 73 launched in India at Rs 20 lakh: Limited to 873 units worldwide

Kia Sorento: Top 7 pros and 5 cons

Skoda Slavia facelift: 3 reasons to buy and 2 to skip

TN govt fixes Rs 26 lakh car purchase ceiling for ministers, Rs 15 lakh for MLAs

Auto

Former Tamil Nadu minister held in Rs 100-crore private school approval scam

North Western Railway Apprentice recruitment 2026: Applications open for 2,008 posts

UNESCO report: Early marriage and teenage pregnancy still keep girls out of school

Schools open in Tamil Nadu, despite IMD heavy rain alert; Parents demand holiday

Bihar board registration 2028 extended till November 6 for class 9, 11 students

Education

SIM-binding rule: What changes for WhatsApp, other messaging apps from Jan 1, 2027?

OpenAI partners with Google Cloud to offer AI models, Codex workflows

Samsung Galaxy F70 5G launched in India: Price, battery, display, camera and more

Infinix GT 50 Pro set to launch on October 27 with exclusive gaming accessories

OnePlus Ace 7 series set to launch in China on October 29: Here's what we know so far

OnePlus Ace 7 series set to launch in China on October 29: What we know so far

Technology

For Chartered Accountant Manish Malhotra, making smart investment and trading moves are a combination of three major parts -- a. analysing data, b. verifying its authenticity, and c. comparing companies.

From November 1, LPG consumers may need to check their Aadhaar e-KYC status and cylinder prices before booking a refill.

The Microsoft buyout offer is available to employees up to Level 70 and below.

According to Noel Tata, the reappointment of Chandrasekaran for five years from February 21, 2027 was improperly introduced.

Using real-time market data and valuation measures, including price-to-earnings (P/E) ratios, Kwala Intel presented its analysis in a visual report.