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Market News

Location American Market News for 2 June 2026
Applying for a personal loan? Here's the list of documents you will need To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply ...
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REITs distribute ₹8900 crore to unitholders in FY26, a 50% increase in disbursements In FY26, India's five publicly listed REITs distributed over ₹8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their grow...
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UPI goes live in Cambodia: Indian tourists can now pay at 4.5 million merchant outlets via KHQR Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.
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8th Pay Commission: 10 key FAQs on salary hike, pension and fitment factor for central government employees The 8th Pay Commission, constituted on November 3, 2025, is reviewing salaries and pensions for central government employees and pensioners over its 18-month tenure. Its recommendations, expected by May 2027, will signif...
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Vaibhav Sooryavanshi has an estimated net worth of ₹7 crore at 15: How does income tax work for minors? Teen cricketer Vaibhav Sooryavanshi has a net worth of ₹7 crore at 15, primarily from cricket earnings and endorsements. Tax laws for minors in India generally club their income with that of the parent, with exceptions...
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₹50,000 salary blueprint for Bengaluru women: Budgeting, SIPs, tax planning and wealth creation Working women in Bengaluru earning ₹50,000 should prioritize personalized financial planning. By tracking expenses, building an emergency fund, and utilizing AI tools for budgeting, they can achieve financial stability...
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Equity MFs investing in energy stocks turn chart toppers Despite economic strain from the oil shock, equity mutual funds in the energy sector have performed remarkably, gaining 9.4% in 2026. The Nifty Energy Index rose 14.3%, benefiting from strong earnings growth and high dem...
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ITR filing AY 2026-27: Why salaried taxpayers should wait until 15 June before filing returns The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this date for accurate f...
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Why AA matters more than stock selection for multi-generational wealth For multi-generational wealth, effective asset allocation is crucial. Relying solely on stock selection increases risk and volatility. A balanced portfolio enhances stability and growth potential, safeguarding investment...
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Tax on property sale in India: How capital gains are taxed and ways to claim exemption Selling a house can result in capital gains tax, depending on how long the property was held. However, certain exemptions are available for homeowners. Full details here.
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Home loan balance transfer explained: How lower rates can cut EMIs and save lakhs New home loan borrowers should consult financial advisors to assess their financial health before choosing a loan. A balance transfer to a lender with lower rates can lead to significant savings over time, but borrowers ...
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DTAA explained: How NRIs can avoid double taxation and save on taxes? DTAA allows NRIs to pay tax only in one country or at reduced rates, preventing double taxation on income earned in India and their country of residence. Here's how it works.
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AI trillion-dollar boom: Why India missed the biggest wealth-creation story of the decade The AI wave has not merely created new products. It has minted trillions of dollars in market value and transformed a handful of technology firms into wealth-compounding machines.
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Add-on credit cards explained: Family benefits, shared limits, repayment liability and credit score risks Add-on credit cards can offer benefits, but should only be used with caution, as shared credit limits, full repayment liability, and credit score risks can affect family financial control.
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I asked ChatGPT to stress-test buying ₹1.5 crore Gurugram home on ₹25 LPA salary: AIs response was eye-opening A conservative evaluation of a ₹1.5 crore home purchase in Gurugram on a ₹25 LPA salary reveals affordability concerns. 
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Income-tax returns: Section 80C, 80D and 80E - Deductions specified under Chapter VIA of the Income Tax Act, explained ITR: When can taxpayers claim deductions under Sections 80C, 80CCC, 80CCD (1), 80CDD (1B), 80D, 80DD, 80DDB, 80E, 80EE, and 80EEA of the I-T Act, as applicable under the old tax regime? Here's a look
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I asked ChatGPT to keep my job future-proof: AI asks me to build a T-shaped profile A simple learning system emphasises mastering fundamentals, building visible work and public application, according to ChatGPT. 
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Are target maturity funds right for you? Here's how passive debt investing works. These passive debt instruments offer a way to lock in predictable returns, but their safety depends entirely on an investor's ability to time them right and hold to maturity.
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HDFC ERGO Optima Secure Plus vs ICICI Lombard Elevate Plan: Features, eligibility, claim ratio and premiums compared Choosing a health insurance plan requires due diligence and understanding personal needs. HDFC ERGO offers comprehensive coverage, while ICICI Lombard provides cost-efficient modular options. Here is a detailed compariso...
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EPFO 3.0 ATM withdrawal explained: Launch status, PF withdrawal process, rules, and limits Want to know if EPFO 3.0 ATM withdrawal is live? Check the latest update, official status, PF withdrawal process, UPI option, rules, limits, launch timeline, login details, and what members should do now.
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Senior Citizens Savings Scheme at 8.2%: Couples can earn ₹5 lakh annually on ₹60 lakh investment | Top FAQs answered Secure a steady retirement income with the Senior Citizens Savings Scheme (SCSS) at 8.2%. A couple can earn nearly ₹5 lakh annually on a ₹60 lakh investment backed by a government guarantee.
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Want to purchase an SUV? Here's how SIPs can help you build corpus - Check how much you need to invest each month Financial planning includes calculating your savings, investments and retirement fund before making investment decisions. If you plan to purchase an SUV in the next 2-5 years, here's how you can use SIPs to build ade...
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