Over the past few months, many Indians have seen viral messages claiming that the Reserve Bank of India (RBI) is planning to stop ₹500 notes, especially from ATMs, or phase them out by 2026. These rumours created confusion and anxiety among bank customers, small businesses, and ordinary cash users. In reality, the key policy development ...

Why Home Loan Subsidy Matters in 2026 Rising property prices and higher interest rates have made home ownership difficult for many Indian families. To address this gap, the government has continued its focus on affordable housing in 2026. A key support measure is the home loan interest subsidy, which aims to reduce the borrowing burden ...

India’s social security framework is facing renewed scrutiny as pensioners under the Employees’ Pension Scheme (EPS-95) continue to struggle with rising living costs. Against this backdrop, the government has announced a major policy decision to substantially raise the minimum EPFO pension from the long-standing level of ₹1,000 to ₹7,500 per month, with implementation targeted from ...

Interest rates matter more today than they did a few years ago. With inflation eating into savings and expenses refusing to slow down, Indians are once again looking closely at banks offering up to 8% interest, especially on fixed deposits (FDs). The good news? Several banks in India currently offer interest rates close to or ...