Silver prices crash over 40% from Rs 4 lakh/kg high to Rs 2.35 lakh, but buyers are still staying away; bigger problem yet to arrive as 2,000 tonnes ordered by Indian dealers risk piling up

Silver prices crash over 40% from Rs 4 lakh/kg high to Rs 2.35 lakh, but buyers are still staying away; bigger problem yet to arrive as 2,000 tonnes ordered by Indian dealers risk piling up

Traders and analysts have said that the slowdown in investment demand can be seen across silver exchange-traded funds (ETFs), bars and coins. A huge crash in silver prices should have led to a revival in demand, but investors seem to be staying away. And this has raised a fresh worry ahead of the festive season.Silver … Read more

8th Pay Commission salary hike calculator: A Level 8 employee could earn up to Rs 28.89 lakh extra over 10 years if annual increment rises from 3% to 7% with 2.15 fitment factor

8th Pay Commission salary hike calculator: A Level 8 employee could earn up to Rs 28.89 lakh extra over 10 years if annual increment rises from 3% to 7% with 2.15 fitment factor

One issue that is likely to come up again is the annual increment rate for central government employees. 8th Pay Commission news: The 8th Pay Commission is set to travel to Chennai on September 7 and 8, following its two-day stakeholders’ consultation meeting in Jaipur. During the Chennai visit, representatives of employee and pensioner organisations, … Read more

Her son died in 2013, LIC rejected all 5 insurance claims saying he hid diabetes; 12 years later, Mumbai mother wins Rs 61.5 lakh plus 9% interest payout

Her son died in 2013, LIC rejected all 5 insurance claims saying he hid diabetes; 12 years later, Mumbai mother wins Rs 61.5 lakh plus 9% interest payout

The key issue in deciding the claims under the final two policies was the actual date on which LIC received the first premium. Life Insurance Corporation (LIC) of India has been ordered to pay Rs 60 lakh cumulatively after a woman’s claim was rejected following her son’s death. The National Consumer Disputes Redressal Commission has … Read more

Canada fund buys 24% in tower firm for $1.3bn

Canada fund buys 24% in tower firm for .3bn

Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust MUMBAI: Canada’s La Caisse (formerly CDPQ) has bought a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust for about Rs 12,100 crore ($1.3 billion). Brookfield and its entities will remain the largest shareholder in the company with a 37% … Read more

Gold price prediction today: Will gold, silver prices continue to fall? Check September 2, 2026 outlook

Gold price prediction today: Will gold, silver prices continue to fall? Check September 2, 2026 outlook

Key data for Gold and Silver this week will be the US Payrolls on Friday, followed by inflation data next week. Gold price prediction today: For the near-term, the outlook for both silver and gold remains bearish, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Jackson Hole was the … Read more

Start with Rs 25,000 basic salary, end with Rs 1 crore corpus: How EPF compounding math can make you a crorepati at 8.25% interest in less than 30 years with 6% annual increment

Start with Rs 25,000 basic salary, end with Rs 1 crore corpus: How EPF compounding math can make you a crorepati at 8.25% interest in less than 30 years with 6% annual increment

Over time, the interest earned on the accumulated balance earns interest, allowing compounding to steadily increase your retirement savings. Being a crorepati and accumulating a corpus of over Rs 1 crore is often a financial goal for money. But when you are thinking of SIPs, mutual funds, stock markets, ETFs, gold, silver, one quiet savings … Read more

India’s tech workforce gets another jolt: Oracle is cutting around 3,000 jobs while Microsoft puts about 500 employees on PIPs as companies shift budgets towards newer skills

India’s tech workforce gets another jolt: Oracle is cutting around 3,000 jobs while Microsoft puts about 500 employees on PIPs as companies shift budgets towards newer skills

India’s IT hiring landscape is undergoing a significant change. Layoffs have headlined the global tech landscape for over a year now and the trend continues as the industry faces one its biggest disruptions in recent years. In India too the tech hiring and firing situation is evolving fast.Global tech giant Microsoft has put around 500 … Read more

Commercial LPG prices raised by Rs 9.5 for every 19kg cylinder; ATF rates also hiked

Commercial LPG prices raised by Rs 9.5 for every 19kg cylinder; ATF rates also hiked

5-kg cylinder refill is now costlier by Rs 2 NEW DELHI: The prices of commercial Liquefied Petroleum Gas (LPG) cylinders and Aviation Turbine Fuel (ATF) have been increased from Tuesday, September 1.The latest hike reverses two consecutive months of cuts in commercial LPG rates and is likely to raise fuel costs for airlines and operating … Read more