The Employees’ Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Salaried individuals are eligible to open an EPF account when basic pay and dearness allowance are up to ₹15,000. You can further opt for voluntary provident fund (VPF), if the basic pay and DA exceed ₹15,000 per month. For FY26, […]
Prior month manufacturing PMI 53.9 Prior month services PMI 51.2. Prior month composite PMI 51.9 Flash manufacturing PMI for July 53.8 versus 54.3 expected. This is a 4-month low but remains above the 50 level. Flash services PMI for July 53.6 versus 51.5 expected. Strongest since November 2025 Flash composite PMI for July 53.6 versus […]
A recent poll found that more than a third of all Americans are estranged from a relative, either a sibling, parent, child, grandparent or grandchild. Another study found that a third of Americans have had relationships with friends, family members, or romantic partners end over political disagreements. Too often, the acrimony of national politics bleeds […]
Inflation has now been above the Federal Reserve’s 2% target for over five years. Consumers are also feeling the pinch from soaring oil prices, which have driven higher prices at the pump. Affordability remains a top issue in the country. Kevin Warsh, the new chair of the Federal Reserve’s Board of Governors, has kicked off […]
Kolkata: AU Small Finance Bank on Saturday reported a 37% jump in first quarter net profit at Rs 796 crore over Rs 581 crore in the year ago period, backed by improved asset quality, normalisation of unsecured loans and healthy business growth. The Jaipur-headquartered lender, which is in a transition into a universal bank, also […]
Good morning and welcome to your Morning Briefing for Friday 24 July 2026. To get this in your inbox every morning click here. UK passive funds capture 70% of Q2 net inflows as active flows slump Passive funds captured more than 70% of net fund inflows on UK platforms during the second quarter of 2026, […]
West Bengal this week officially constituted its 7th state pay commission after Chief Minister Suvendu Adhikari stated that the government will aim to implement the recommendations within this financial year (FY27). According to the terms of reference (ToR), commission will review allowances, salaries and service conditions for state government employees and pensioners. Earlier in May, […]
Trading volumes in major defense contractors surged in the conflict’s opening days—rising for some as much as 140% above their average level during Trump’s second term—but the gains didn’t last. Northrop Grumman is now down over 30%, L3Harris Technologies has fallen over 20%, and Lockheed Martin has declined nearly 13%. Raytheon Technologies (RTX)—No. 49 on […]
This week brought major shifts across crypto and retail trading, with BitMEX preparing to leave the market just as perpetual swaps gain broader acceptance. Regulatory developments also continued to reshape how digital assets are traded, while exchanges and brokers responded to changing investor demand and evolving market structure. Elsewhere, retail trading activity remained historically elevated […]
The uneven mathematics behind Silicon Valley’s biggest fortunes — and how to follow the money… Listen to the audio version of this article (generated by AI). Editor’s Note: In 2012, Mark Zuckerberg paid $1 billion for Instagram. At the time, many thought he had overpaid. Today, it’s considered one of the most successful acquisitions in […]