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US Federal Reserve keeps rates steady as Iran-driven inflation risks keep markets on edge

The US Federal Reserve kept interest rates unchanged, awaiting clearer inflation signals. Renewed fighting linked to Iran pressures oil prices and clouds economic outlook. Inflation remains above the Fed’s target, causing investor concern about potential price increases.

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Transfer of unclaimed shares may go digital; AI, data analytics to perform several tasks

The government plans a new digital system for unclaimed shares and dividends. This system will connect various official platforms using application programming interfaces. Artificial intelligence and data analytics will streamline the transfer process for investors. The new portal will offer…

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Brands rewrite Gen Z playbook, double down on Instagram to win young consumers

“Given the explosion of interest on Instagram in the past few weeks, we are allocating at least 25% more ad and promotional spends on the platform compared to last month,” one executive said.

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Govt's proposed Rs 277 crore MSME investment set to boost India's economy: Industry officials

The government’s proposed Rs 277 crore investment in the MSME sector by 2027 is expected to accelerate digitalisation of small businesses and strengthen their contribution to India’s economic growth, industry officials said.

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Gold loan NPAs may rise as NBFCs shift to monthly installments, ICRA projects market growth

Gold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent. This expansion will take the market to thirty lakh crore by March 2028. NBFCs’ market share is…

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Axis, Kotak Mahindra raise charges for overseas card transactions

Axis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank’s revised terms and conditions. Kotak Mahindra Bank will raise the fee on debit-card transactions to 3.5% plus…

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News

  • Student Term Insurance: When does it make sense and who should consider it?

    The key question for students and their families is whether buying term insurance is necessary or whether it makes sense to wait until the student starts earning and takes on financial responsibilities.

  • Ahead of festive season, what is silver hallmarking? Here's how to spot and read the classifications

    Silver hallmarking enables buyers to verify purity or fineness of precious metal jewellery. At present, the process remains voluntary for silver jewellery since 2005 but has been mandatory for gold since June 2021. 

  • Lock in low premiums: Why buying health insurance in your 20s can save you lakhs later

    Securing an individual insurance policy around age 25 while in good health unlocks financial and structural perks, including lower starting premiums and the ability to clear required waiting periods before medical issues arise.

  • EPFO: Rejoining after break? Here's how to activate your UAN, recover inoperative account online — Stepwise guide

    Rejoining the EPFO after a break? Here's how members can activate their UAN on the Umang app, what steps you can take to recover your account online and how your funds can be redeemed, in simple steps.

  • Are large-caps attractive after correction? Here’s what investors need to know

    R. Sivakumar from Axis Mutual Fund indicates large-cap stocks are becoming attractive after a correction, suggesting favorable conditions for investors. 

  • Uttarakhand pensions: ₹147 crore instalment released for over 9.91 lakh beneficiaries — Here's how to check

    Uttarakhand releases ₹147.05 crore pension was transferred directly into the bank accounts of 991,914 beneficiaries. In August, pensions of 5,605 new beneficiaries were also sanctioned under various pension schemes.

  • Too much AI exposure? Can Apple be the diversification play in your portfolio? What Indian investors need to know

    Investors wary of heavy AI spending by US tech giants are turning to Apple, which offers tech exposure with lower risk. Apple shares rose 7% while spending only $6.8 billion on capex, unlike major competitors investing $30-$54 billion quarterly.

  • HSBC Midcap Fund turns ₹10,000 monthly SIP into ₹2 crore since 2004

    HSBC Midcap Fund has delivered a 24.13% CAGR over three years, outperforming its benchmark and category averages across time horizons, with a monthly ₹10,000 SIP since its August 2004 inception growing to over ₹2 crore. 

  • 8th pay commission: Here's how employees, unions, stakeholders can apply online for appointment in Bengaluru

    The commission has scheduled meetings in September and October this year, in Chennai (Tamil Nadu), Puducherry (Union Territory), Chandigarh (Punjab, Haryana, Himachal Pradesh, UT), Bengaluru (Karnataka) and Mumbai (Central Railways).

  • Chandigarh consumer court orders holiday club to refund ₹95,000 with 9% interest

    Chandigarh District Consumer Disputes Redressal Commission has ordered Park Club International to refund ₹95,000 with 9% annual interest, plus ₹15,000 in compensation

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