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China central bank cuts benchmark lending rate to boost economy

The five-year loan prime rate (LPR) was lowered from 4.2 to 3.95, the People#39;s Bank of China announced. The one-year LPR, which serves as a benchmark for corporate loans, remained unchanged at 3.45 percent.

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UK court to hear final Julian Assange appeal against extradition to US

Washington wants the 52-year-old Australian citizen extradited after he was charged there multiple times between 2018 and 2020 in connection with WikiLeaks#39; 2010 publication of files relating to the US-led wars in Iraq and Afghanistan.

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Capital One to buy Discover Financial in $35.3 billion all-stock deal

The tie-up, which will combine two of the largest U.S. credit card companies, aims at building “a payments network that can compete with the largest payments networks and payments companies,” Richard Fairbank, chairman and CEO of Capital One, said in…

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Trade Spotlight: Your game plan for Container Corporation of India, JBM Auto, Sonata Software counters today

JBM Auto formed a robust bullish candlestick pattern on the daily charts with significantly higher volumes, after several weeks of consolidation. The stock traded above all key moving averages.

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Stock Market Today: Top 10 things to know before the market opens

Trends in the GIFT Nifty indicate a flat start for the broader index in India, with a loss of 9 points or 0.04 percent.

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EU opens formal investigation into TikTok over possible online content breaches

EU industry chief Thierry Breton said he took the decision after analysing the short video app#39;s risk assessment report and its replies to requests for information, confirming a Reuters story.

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News

  • Dussehra bonus: Central govt employees demand 3x jump in ₹7,000 payment ceiling

    In a letter to the Cabinet Secretary, the National Council  highlighted that the central government's revision of the minimum wage to ₹21,000 per month alters the calculation formula

  • Bank holidays in September: SBI, HDFC, other lenders to be closed for 14 days— check RBI calendar, unions' strike date

    In September 2026, banks in India will observe holidays based on regional celebrations, as per the RBI calendar. Customers should confirm local bank schedules before visiting, as not all holidays apply nationwide. Digital services remain available during closures.

  • EPFO 3.0: Centralised database, UPI and ATM withdrawal options, quicker settlement — Changes for subscribers, explained

    EPFO 3.0: Centralised database, more digital and online withdrawal options through UPI and ATM, quicker settlement times and more. Here's a look at the key features, and what changes for subscribers…

  • UPI transaction limits explained: From ₹1,000 to ₹5 lakh, how much can you transfer?

    NPCI and the RBI have permitted higher transaction limits for certain categories. These include tax payments, initial public offerings (IPOs), hospitals and educational institutions, among others

  • 8th pay commission meeting in Jaipur on Monday — Here is what's on the agenda and latest updates

    The 8th pay commission has scheduled a meeting in Jaipur from 31 August to 1 September to consult with employee groups and stakeholders before finalising recommendations. The announcement is expected latest by May 2027.

  • Private credit offers up to 22% returns: Why the advertised gains may not be what you get

    Private credit offers higher returns but entails significant risks compared to traditional debt investments. Investors must evaluate underwriting practices, fund performance, and fees, while being mindful of liquidity and the impact of taxes on returns.

  • Can you claim Section 54 tax exemption for buying two residential flats? Here's what the ITAT ruling says

    A Mumbai ITAT ruling has clarified how Section 54 applies when taxpayers invest in two adjacent flats. The Tribunal’s finding on their amalgamation could offer an important distinction from the rule governing investment in two separate residential houses.

  • Got ₹1 crore in ESOPs? You may need ₹22 lakh upfront before you can cash out

    Falling valuations coupled with delayed exits decrease certainty regarding when and at what price shares can be monetized

  • NRI inheritance: You live abroad, your assets are in India — which country's laws decide who inherits?

    Under Indian law, asset classification dictates which legal framework applies when someone dies without a will (intestate)

  • Sold house, personal assets, now living on rental income: Zee founder Subhash Chandra reveals his finances

    Troubled Essel Group and Zee founder Subhash Chandra has claimed that he is running expenses from income generated by renting out a portion of “a small residential house” that he owns. Here's what we know… 

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