8th Pay Commission: Fitment factor above 3 may raise salaries, but test Centre’s fiscal discipline

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The 8th Pay Commission will complete half of its allocated time in August 2026. Since its constitution in November 2025, the Commission has held several consultations across the nation, including Delhi, West Bengal and Odisha. With discussions lined up in August and September, the debate surrounding the possible fitment factor has gathered pace. Prominent unions […]

Nasdaq, Kospi: Wall Street and Korea markets becoming more intertwined

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Bank employees work in front of multiple monitors at the Hana Bank dealing room in Seoul, South Korea, on May 12, 2026. Nurphoto | Nurphoto | Getty Images Wall Street tech moves and South Korea’s stock market are becoming increasingly intertwined as artificial intelligence spending binds together the fortunes of U.S. technology giants and Korean […]

Different fund categories, same stocks? These equity mutual funds have up to 79.4% portfolio overlap

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Many investors diversify their equity mutual fund investments across categories such as flexi cap, large & mid cap, multi cap, and large cap funds. However, investing in different categories does not necessarily mean gaining exposure to a wider set of stocks. A Value Research analysis has found that several equity mutual funds with different investment […]

Peachtree Lends $113M on Apartments’ Conversion to Margaritaville Hotel Savannah  – Commercial Observer

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Tidal Real Estate Partners is “waving” hello to the opportunity to convert a Savannah, Ga., multifamily building into a Margaritaville-branded hotel. The New York City development firm just  sealed $113 million of bridge debt to recapitalize and repurpose the 2023-built Ann Street Lofts property into the 230-key Margaritaville Hotel Savannah, Commercial Observer has learned SEE […]

8th pay commission: Panel set to hold meetings in Delhi, Chennai, Puducherry in August and September — Check full list

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8th pay commission: The 8th pay commission is conducting multiple state visits and meetings with employee representative groups, unions and stakeholders to gather views ahead of its own recommendations on pay hikes, allowances, salary structure, and other factors. Constituted every 10 years, the panel is expected to announce its final recommendations by mid-2027. Beneficiaries include […]

Dario Amodei Clears the Air on Banning Open-Weight AI Models

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Dario Amodei is clearing the air on open-weight AI models. The Anthropic CEO on Monday pushed back against claims that his AI startup wants Washington to ban open-weight AI models and said that critics have misunderstood the company’s position. “Anyone who has read my past writing should know that I don’t regard such bans as […]

What to expect from Kevin Warsh’s second FOMC meeting as chair

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What to expect from Kevin Warsh’s second FOMC meeting as chair – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social […]

Fed preview: Rate hike ‘not completely off the table’ says senior economist

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Beyond the rate decision, Williamson said the change in how the Fed communicates is itself worth watching. Chair Kevin Warsh has been explicit about his skepticism of forward guidance, the practice of telegraphing future rate moves, and for brokers advising clients on rate lock timing, that shift matters as much as whatever the Fed announces […]

Wheat Faces Monday Losses | Nasdaq

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The wheat complex joined in on the rest of the commodity losses on Monday.  Chicago SRW contracts were 11 to 18 cents in the red. KC HRW futures closed with 10 to 16 1/4 cent losses on the day. MPLS spring wheat slipped 1 ½ to 9 ¼ cents lower. Weekly NASS Crop Progress data […]

JetBlue to Launch First Class, More Basic Options

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JetBlue Airways’ fare classes will look much different by the end of the year. The airline is adding new domestic first class seats to some airplanes and plans to sell “basic” versions of domestic first class and extra-legroom fares. In total, customers will choose from four different types of seats and three different fare classes. […]