Latest posts
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Will you have to pay to use UPI? 7 FAQs on possible MDR and what it means for consumers answered
UPI has always been free for consumers since its launch in 2016. (Image: Stock.adobe) Will you now have to pay charges for your UPI transactions? That’s the big question that many are asking after the Lok Sabha cleared a Bill amending the Payment and Settlement Systems Act, 2007, enabling the government to authorise banks and…
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US stock market today: Wall Street rallies as 23,000 job cuts boost hopes of softer Fed policy
The weaker-than-expected employment report strengthened expectations that the Federal Reserve could have more room before increasing interest rates to curb inflation. US stock market today: Wall Street stocks traded higher on Friday morning, while Treasury yields declined after government data showed US employers unexpectedly eliminated 23,000 jobs last month.The S&P 500 advanced 0.4%, remaining close…
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More hirings than firings: Nomura report tests ‘ground zero’; says AI creating more jobs in India than cuts
India added 83,100 AI-related jobs during the period, compared with 31,921 positions lost through layoffs and attrition. Is artificial intelligence taking away jobs or is it leading to hirings? A new report by Nomura suggests that in India, AI is creating more jobs than cuts. India, long regarded as the global back office for multinational…
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Onion, oil or chicken: What made your thali costlier in July
Why your home-cooked veg and non-veg meals cost more in July Your home-cooked thali may have been a little less pocket-friendly in July.The price of a home-cooked vegetarian thali rose 4 per cent from a year ago, while a non-vegetarian thali became 9 per cent costlier, according to a report released on Friday. Higher prices…
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Food for thought: Global food prices rise in July as cereals, sugar turn costly
Global food prices rise in July as cereals, oils and sugar get costlier Plates around the world got a little pricier in July. Prices of cereals, vegetable oils and sugar rose during the month, while meat and dairy prices fell, according to the Food and Agriculture Organization (FAO) of the United Nations.The FAO Food Price…
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‘No hire, no fire’: US employers unexpectedly cut 23,000 jobs – sharp reversal for labour market
Although the unemployment rate of 4.1% marked the lowest level since June 2025, the decline was driven by a contraction in the labour force rather than stronger hiring. (Image for representative purpose only) US employers unexpectedly shed 23,000 jobs last month, while downward revisions by the Labor Department erased a further 103,000 positions from payroll…
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Rbi: RBI bars NBFCs from offering revolving credit facilities
According to draft directions issued by the central bank, NBFCs will be barred from offering revolving credit products and will be required to offer only credit facilities in the nature of term loans MUMBAI: RBI has proposed a sweeping overhaul of credit facility norms for non-banking financial companies, mandating a shift to term-loan structures while…
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Options volumes down over 50% on stricter rules: Sebi
The report said FPIs were net sellers of equities worth Rs 1.8 lakh crore, while they were net buyers of debt at Rs 25,807 crore. MUMBAI: Regulatory interventions by Sebi in the futures & options (F&O) segment during fiscal 2026, aimed mainly at reining in excessive speculative activities by retail investors, led to a dip…
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Why stock market’s close is now an auction – explained
The old average had a basic flaw. An index fund promises to match the index, and the index is built on closing prices. From August 3, 2026, the closing price of every stock in the F&O segment comes from an auction instead of a 30-minute average. Long-term investors need to do nothing. Traders, index funds…
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Younger, wider, diverse: How India’s investor base is changing
Median investor age falls 5 years as India’s market draws more young investors India’s investor club is getting younger and bigger. In last 6 years, from March 2020 to June 2026, the median investor age in the country has fallen from 38 years to 33 years, while the share of investors below 30 has jumped…