India Manufacturing PMI falls to 52.8 in August India’s manufacturing sector lost further momentum in August, with slower output and new orders dragging factory activity to its weakest level in five years. Employment also fell for the first time in two-and-a-half years, marking a broader slowdown in the sector.The seasonally adjusted HSBC India Manufacturing Purchasing … Read more
India’s GDP grows 7.8% in Q1 War next door. Markets on edge. Commodity prices swinging. Yet India’s growth engine continues to run strong, clocking a 7.8% GDP growth for the April-June quarter.The Q1 numbers for the financial year 2026-2027 are particularly significant as they beat expectations and comfortably exceeded the Reserve Bank of India’s 7% … Read more
One individual on Reddit claims that he has achieved a net worth of Rs 7 crore at the age of 31. (Image for representative purpose) Financial independence has always been a talked about subject, what is changing however is the trend of FIRE – which means Financial Independence, Retire Early. Several people are sharing their … Read more
Centre expands Rs 35/kg sale to 19 cities amid supply concerns The Centre has widened its discounted onion sale to 19 cities, offering onions at Rs 35 per kg as prices rise following crop damage caused by rains in recent weeks.Delhi is among the cities covered by the intervention, with the Centre set to provide … Read more
Imported sugar is yet to land, so why is it getting cheaper Sugar is leaving a bitter aftertaste in consumers’ household budgets.The all-India average retail price has climbed to Rs 64.24 a kilo, nearly 30% higher than a month ago and 38.63% above last year’s level. In some markets, the sting is even sharper, with … Read more
Section 54 provides relief from long-term capital gains tax when an individual or HUF sells a residential house and reinvests the capital gain in another residential house. You bought a property jointly in the name of yourself and your wife, but the entire money spent on the purchase came from you. Now you are planning … Read more
The yellow metal is likely to consolidate in near term with a possible test of support at $4370. Gold price prediction today: Gold prices are under pressure due to the US Federal Reserve chair’s hawkish outlook, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold Price Performance: The Fed Chair Warsh, in his … Read more
Namo Bharat trains have brought the Delhi-Meerut journey down to less than an hour, with trains operating at speeds of up to 160 kmph. In 2023, India saw the launch of its fastest commuter train service – the Regional Rapid Transit System (RRTS) train service, also called the Namo Bharat. Within years the entire corridor … Read more
Rupee jumps 26 paise against US dollar Rupee began Tuesday on a strong note, rising 26 paise to 94.96 against the US dollar in early trade, supported by robust domestic economic growth, containing fiscal slippage and portfolio-related inflows.Forex traders said the USD/INR pair appears to have found a strong near-term base around 95.10-95.20. MSCI-related inflows … Read more
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