Sat, Mar 07, 2026 | 01:40 PM IST
Central government employee unions are advocating for an increase in the family unit definition from three to five members for the 8th Pay Commission. This change, they argue, could significantly boost the fitment factor, potentially exceeding 3.0 by incorporating parental care responsibilities and modern family structures.
A daughter's claim to gold ornaments in a joint bank locker was dismissed by the Kerala High Court. The court ruled that a registered Will takes precedence over an 'either or survivor' clause in bank locker agreements. This means assets can be willed to a third party without the joint holder's consent.
Gold and silver prices experienced a significant surge on the Multi Commodity Exchange of India. This rise is attributed to escalating geopolitical tensions between Iran and Israel. Experts anticipate continued price increases for these precious metals if the conflict persists. Investors are advised to consider their investment strategies in light of these market movements.
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