8th pay panel set up, report in 18 months

NEW DELHI: The Cabinet Tuesday finalised the terms of reference and the appointment of three members of the Eighth Central Pay Commission, and tasked it with submitting its recommendations within 18 months. The panel will be headed by former Supreme Court judge Justice Ranjana Prakash Desai, with IIM-Bangalore professor Pulak Ghosh named a member and…

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Chola MS PAT declines by 28.3% in Q2 FY26

CHENNAI: Cholamandalam MS General Insurance Company (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group of Japan, posted a 28.3% dip in Profit after Tax (PAT) at Rs 91 crore in the quarter ended Sept 30, 2025, against Rs 127 crore in the corresponding last year. Its Gross Written Premium…

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Monetising your gold holdings: Have idle gold in lockers, home? 5 smart ways to make it work for you

For most Indian households, gold represents safety — a store of value kept securely in lockers. But increasingly, more Indians are discovering how to make idle gold work through loans, monetisation schemes, leasing options, and even digital gold funds.According to a Morgan Stanley report, cited by ET, Indian households collectively hold 34,600 tonnes of gold,…

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‘Enough supply in global market’: Hardeep Puri assures stable crude flow despite disruptions; highlights India’s refining, ethanol progress

File photo: Union minister Hardeep Singh Puri (Picture credit: PTI) Union petroleum and natural gas minister Hardeep Singh Puri on Tuesday said there is sufficient crude oil supply in the global market and disruptions in one source can be offset by alternative streams. Speaking at an interactive session, Puri asserted that “trade is not governed…

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