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Punjab National Bank has warned customers that inactive, zero-balance accounts may be closed after April 15, 2026. Accounts with no transactions for years and incomplete KYC are at risk. Customers must update KYC details and make at least one transaction to keep accounts active and avoid closure under RBI rules.
India’s GDP is expected to grow 6.7% in FY27 despite global uncertainties, including West Asia tensions. CareEdge Ratings notes strong macro fundamentals supporting steady growth, with inflation at 4.5-4.7%. Higher crude prices may affect fiscal balance, bond yields (6.8-6.9%), and widen the current account deficit to 2.1% of GDP, though impacts remain manageable.
The Sensex and Nifty rose for the third day, boosted by hopes of a US‑Iran ceasefire. Nifty50 gained 255 points to 22,968, Sensex up 787 points to 74,107. Trent, SBI Life, Titan led gains. MidCap and SmallCap rose. Construction and PSU banks outperformed, while Oil & Gas lagged.
The Sensex and Nifty opened at fresh record levels in early trade on Monday, April 6, 2026. The Sensex started trading today at 73053.08, down at 266.47 points or 0.36%, and the Nifty was at 22641.30, down at 71.80 points or 0.32%. Meanwhile, the Indian rupee was trading today at 92.90 against the dollar.
Indian domestic stock markets are focused today on key performers expected to drive trading activity. Banking stocks like SBI, HDFC Bank, Axis Bank, IndusInd Bank, and PNB are under scrutiny, alongside top corporates including Bajaj Auto, Tata Motors, Granules India, Adani Power, NLC India, Wipro, Infosys, HCL, and Ola Electric for key market movements.
Sales of small 5‑kg LPG cylinders have surged to about 6.6 lakh since March 23 as the government increases supplies to meet demand. These FTL cylinders, sold at market rates without address proof, help ease pressure amid supply concerns. Authorities reported no shortages, intensified action against hoarding, and stressed stable deliveries to households and essential services.
The Centre has announced an increase in the Dearness Allowance (DA) for government employees and pensioners, boosting take‑home pay and pensions from April 1, 2026. The hike aims to offset rising inflation and improve living costs. Salaries and pensions will rise proportionately based on the new DA rate, providing financial relief for millions across India.
A credit score generally doesn’t affect eligibility for bank jobs, but background checks may consider financial behaviour for roles involving cash handling or sensitive data. Lenders focus on creditworthiness, while employers look at integrity and stability. Poor credit won’t disqualify candidates, but maintaining good financial health supports reliability.
The start of FY27 offers a chance to organise finances early by planning taxes, reviewing investments, upgrading insurance and increasing SIP contributions. Experts stress acting in April to avoid last-minute stress, lock better returns and align portfolios with goals. Thoughtful, gradual investing and clear financial planning can ensure a more stable year ahead.
The Delhi government has tightened commercial LPG supply rules, requiring businesses in areas with piped natural gas (PNG) networks to either have or apply for a PNG connection to receive commercial LPG cylinders. Where PNG isn’t yet available, firms must submit an application showing intent to switch once infrastructure exists. Oil companies will verify compliance.
India’s defence exports hit an all‑time high of ₹38,424 crore in 2025‑26, a nearly 25‑fold rise since 2016‑17, reflecting rising global demand for Indian military equipment. Key buyers include Myanmar, the Philippines and Armenia. Naval platforms dominate exports, alongside artillery, missiles and surveillance systems.
Depositing funds into your Public Provident Fund (PPF) or Sukanya Samriddhi Yojana (SSY) account on or before April 5 means your money earns interest for the full month of April, maximizing tax‑free returns. Since interest is calculated on the lowest balance between April 5 and month‑end, late deposits miss one month’s accrual each year.
The 5-kg LPG cylinder is emerging as a best option for people dealing with rising fuel costs. Easily accessible, it can be purchased without full KYC formalities by simply showing a valid ID proof. These smaller cylinders are distributed by top oil marketing companies like Indian Oil, HPCL, and BPCL, making them a flexible solution […]
Bajaj Finance now offers personal loans with repayment tenures up to 108 months, giving borrowers flexibility and lower monthly installments. processes. Ideal for emergencies, weddings, travel, or home repairs, these loans provide quick funds. The company continues to focus on delivering reliable financial support through simple, hassle-free processes.
Gold rates surged sharply in Hyderabad’s bullion market today, reflecting strong momentum. The price of 24-carat gold jumped by Rs.1,960, reaching Rs.1,50,930 per 10 grams. Meanwhile, 22-carat gold, widely used for jewellery, climbed Rs.1,800 to Rs.1,38,350. Silver prices stayed steady at Rs.2,55,000 per kg. Similar trends were observed across top markets.