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Location American Market News for 13 May 2026
Locked EPFO account? Here's why it happened and how you can recover it See an EPF account locked message when you try to log into your employee provident fund. This can happen due to multiple reasons. Here's what steps EPFO members can take to resolve the issue and access their account
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Why is the EPFO launching a new website? Here's all you need to know about E-PRAAPTI portal The EPFO is all set to launch a new web portal soon, known as the E-PRAAPTI, to help members recover their old and inoperative employee provident fund accounts. Here's all you need to know
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I asked ChatGPT how to build fintech startup in 5 years on ₹10 LPA job: AI didn't sugarcoat anything A Bengaluru tech professional sought a realistic startup plan from ChatGPT. The advice emphasised using a stable job as financial capital, maintaining low fixed expenses and focusing on genuine problems over trendy ideas...
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ITR filing 2026: Sold property at a loss? Heres how you can claim income tax relief this year Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains. Both short-term and long-term losses can be carried forward for up to eigh...
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Canara Bank hikes MCLR rate by 5 bps - Here's a look at how this impacts your auto, home and personal loan repayments Public sector lender Canara Bank on Tuesday (12 May) hiked its MCLR rates by 5 bps. We explore how this increase will likely impact borrowers' repayments for car loans, home loans and personal loans.
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PPF extension vs phased withdrawals: What should investors choose after account maturity? After a PPF account matures, investors can withdraw the corpus, extend it for five years, or make phased withdrawals. Choices depend on financial goals and liquidity needs. Details here.
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8th Pay Commission latest updates: 5 key developments on meetings, fitment factor and salary revision 8th Pay Commission consultations are gaining pace, with stakeholder meetings, regional visits, and an extension of the memorandum deadline, as central government employees and pensioners await updates on salary and pensi...
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Did your elderly parent become victim of cyber fraud? From saving proof to filing FIR, heres what you should do next To file an FIR for a cybercrime involving elderly parents or family members, swift evidence collection, online fraud reporting and bank notification are crucial. Quick action will help minimise financial losses and prote...
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8th central pay commission: Why are staff representatives demanding expansion of family units from 3 to 5, explained The NC-JCM, led by Shiv Gopal Mishra, submitted a 51-page memorandum to the 8th CPC, proposing salary hike, increased minimum pay and expansion of family units for salary calculations from 3 to 5 to reflect current reali...
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Bank FD vs SCSS: Which investment gives better returns over 5 years? SCSS vs FD comparison highlights higher assured returns from government-backed schemes than bank fixed deposits over five years, with SCSS offering superior maturity value alongside FD flexibility for investors. 
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What happens if you dont extend SCSS tenure? Rules, interest and withdrawal explained The Senior Citizens' Savings Scheme (SCSS) offers investment options for individuals aged 60 and above, with quarterly interest payments. It has a five-year maturity period and allows extensions. Here's what happ...
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Dearness Allowance: Indian Railways hikes DA for employees by 2% effective from 1 January - Here's all you need to know Dearness Allowance: After the Finance Ministry and IBA, the Indian Railways has also hiked the DA component of employees' salaries by 2%, from 58% to 60%, with effect from 1 January 2026. Here's all you need to k...
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How can NRIs simplify investing between India and their country of residence? From NRE vs NRO confusion to tax treaties and GIFT City access, heres a practical roadmap for NRIs to simplify cross-border investing and build one coherent global financial strategy.
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He owned Bitcoin and Ethereum, but this coin made him rich: Ripple ex-CTOs crypto strategy decoded Ripple's former CTO, David Schwartz, has revealed that XRP significantly increased his wealth compared to Bitcoin and Ethereum. He once held 26 million XRP, which peaked at $3.65, while he regrets selling Ethereum to...
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Banks vs HFCs: What home loan borrowers must know

livemint.com - 13 May 2026 13:27
Banks vs HFCs: What home loan borrowers must know Homebuyers must choose between banks and housing finance companies (HFCs) for loans. Banks offer lower interest rates with strict documentation, while HFCs provide flexibility and quicker processing, making them suitable...
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Aditya Birlas Activ Yuva plan rewards sleep, exercise and healthy eating with insurance benefits - key features Aditya Birla Health Insurance launches Activ Yuva, a wellness-first plan offering unlimited hospitalisation cover, OPD benefits, income protection, and rewards for healthy lifestyle habits through its HealthReturns model...
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Outsourcing house chores is the new and easy norm, but is it burning a hole in your pocket? App-based domestic help platforms promise reliability and ease. But as promo prices fade and surge fees kick in, urban users are rethinking whether the convenience justifies the rising monthly bill.
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Gold prices soar after duty hike - should you buy, hold or rebalance? Expert says, good time to The Indian government raised import duties on gold and silver to 15% to curb rising import costs due to the West Asia crisis. This hike may lead to higher domestic gold prices and reduced jewellery demand, with investors...
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Post Office Monthly Income Scheme 2026: ₹9 lakh investment earns ₹66,600 yearly, full maturity details Post Office Monthly Income Scheme 2026 offers guaranteed monthly income, capital safety and stable returns at 7.4% interest, making it suitable for conservative investors seeking low-risk savings options in the country.
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Clarity act up for vote tomorrow: Will it change how you use crypto? 5 Key provisions to watch The US Senate Banking Committee released the Clarity Act text, defining financial regulators' jurisdiction over cryptocurrencies. Key provisions address stablecoin rewards, anti-money laundering compliance for crypto...
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Gold and silver price today, May 13: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities As of May 13, gold is priced around ₹161,410 per 10 gm, while silver reached ₹296,570 per kg, driven by demand and currency fluctuations.
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Social Security May 2026 payments start this week: Who gets paid today, May 13? The first wave of May Social Security payments is scheduled for distribution this week. Payments are based on birthdates, with recipients born between the 1st and 10th receiving payments on May 13, followed by others on ...
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