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The proposed 8th Pay Commission could bring a massive 400% salary hike for central government employees if the fitment factor reaches 5. Employee unions are demanding a major pay revision to match rising living costs and inflation. Discussions also include restoration of the Old Pension Scheme. The Centre has not officially confirmed the final fitment […]
Rising fuel costs and increased import duties on metals are expected to add pressure on consumer prices in the coming weeks. Economists believe higher transportation could influence overall retail inflation trends. Market experts estimate inflation may witness an upward move, while expectations remain that the RBI could maintain its current policy approach
The rupee witnessed fresh pressure in currency markets after global uncertainty increased over developments in Gulf region. Initial gains faded as investors shifted toward safer assets, strengthening the US dollar and impacting the domestic currency. Forex analysts also noted that concerns surrounding geopolitical tensions influenced market sentiment.
The stock market witnessed renewed pressure as the Nifty 50 struggled to maintain levels above the 24,000 mark despite positive movement in crude prices. Investor sentiment remained cautious due to uncertainty surrounding geopolitical developments. Analysts believe market participants are avoiding aggressive positions, leading to profit booking and volatility.
In a big relief to buyers, Gold prices fell in the Hyderabad bullion market today. The price of 10 grams of 24-carat gold fell by ₹600 to ₹1,58,290. Similarly, the price of 10 grams of 22-carat gold fell by ₹550 to ₹1,45,100. On the other hand, the price of a kilo of silver continues to […]
Indian stock markets began trading on a positve note, tracking gains in global oil prices and optimism over US-Iran peace breakthrough. Sensex surged over 91 points to 76,101, while Nifty climbed 33 points to 23,951 in early trade. Bank Nifty outperformed with a jump of 15 points. Meanwhile, the rupee traded slightly weaker at 95.55 […]
Here are the new petrol prices per litre today in the top cities in India today. ★Delhi – ₹102.12, ★Kolkata – ₹113.47, ★Mumbai – ₹111.18, ★Chennai – ₹107.77, ★Bangalore – ₹110.93, ★Bhubaneswar – ₹109.22, ★Chandigarh – ₹101.52, ★Hyderabad – ₹115.69, ★Jaipur – ₹112.66, ★Lucknow – ₹102.05, ★Trivandrum – ₹115.49, ★Port Blair – ...
LIC has introduced the Jeevan Sathi Joint Life Plan, a new insurance policy designed for couples. The plan offers joint coverage, financial security, and multiple benefits under a single policy. It aims to provide long-term protection and savings options, making it suitable for families seeking combined life insurance coverage with flexible premium structures.
BSNL has introduced a new ₹51 recharge plan exclusively for new SIM users, offering 2GB of daily data for 28 days. The affordable pack aims to attract more customers with budget-friendly internet access. This move strengthens BSNL’s push in the competitive telecom market by providing high data benefits at a very low entry price.
The Sensex dropped 479 points ending at 76,009.70, while the Nifty50 closed at 23,914 on Tuesday after fresh US strikes in southern Iran hurt hopes of a peace deal. Apollo Hospitals, Wipro, and Bharti Airtel led losses. Consumer durables and banking stocks declined, while metal and IT sectors outperformed amid broader market resilience.
The government is expected to take a balanced approach on major demands under the 8th Pay Commission, including revisions to the fitment factor, Old Pension Scheme concerns, and family-based benefits. Employee unions are pushing for significant salary hikes, while the Centre aims to manage fiscal pressure by adopting a middle path in recommendations.
The rupee witnessed fresh weakness today, falling against dollar amid rising global uncertainty. Market sentiment was affected by demand for the dollar at month-end and higher crude oil prices following developments linked to US-Iran war. The currency had shown gains in the previous session, but oil market volatility placed pressure on the rupee once again.
Precious metal prices witnessed weakness in trading as gold and silver moved lower amid market reactions to renewed tensions in West Asia. Selling pressure increased after fresh developments involving US action in Iran influenced investor sentiment. Domestic commodity markets also reflected the decline, with both metals recording noticeable intraday losses.
The Indian rupee slipped 17 paise against the US dollar amid rising US-Iran geopolitical tensions and strong month-end dollar demand. Market pressure also came from higher crude oil prices and global uncertainty, which increased safe-haven dollar buying. Traders expect continued volatility as foreign outflows and the current value of dollar is 95.43 rupee.
The board of Tata Sons is meeting today to discuss crucial issues, including Chairman N. Chandrasekaran’s future and long-debated listing plans. The meeting is expected to shape the group’s strategic direction, governance structure, and market outlook, as investors closely watch for any major announcements on leadership continuity.